tl;dr
Datadog (NASDAQ:DDOG) surged 3% in early market trading on Friday following robust financial results from primary partner, Microsoft (MSFT), on Thursday. Datadog offers observability services and security software for cloud-based applications, and its stock price has doubled over the past 12 months ...
Datadog (NASDAQ:DDOG) surged 3% in early market trading on Friday following robust financial results from primary partner, Microsoft (MSFT), on Thursday. Datadog offers observability services and security software for cloud-based applications, and its stock price has doubled over the past 12 months as cloud technology has expanded. The company's partners include Amazon Web Services (AMZN), Google Cloud (GOOG) (GOOGL), and Microsoft Azure. Additionally, Datadog received a boost on Tuesday when Wells Fargo upgraded the company to Overweight from Equal Weight and raised its price target to $150 from $130. Analysts suggest that Datadog is securing larger deals as customers seek to consolidate vendors, and these larger deals have a significant impact on bookings. Datadog is set to announce its first quarter results premarket on Tuesday, May 7, with a consensus expectation of earning $0.34 per share on revenue of $591.7M.
More about Datadog Inc
Company: Datadog Inc
Description: Datadog, Inc. provides an analytics and monitoring platform for developers, information technology operations teams, and business users in the cloud in North America and internationally. The company is headquartered in New York, New York.
Sector: Technology
Industry: Services-Prepackaged Software
Market Cap: 41,860,305,000
Stock Price: $894.64
Dividend Yield: None
P/E Ratio: 0.14
EPS: 6.57
Beta: 0.0228
Volume: 2,128,359,000
52-Week High: $149.36
52-Week Low: $0
Price-to-Sales: 0.256
More about Microsoft Corporation
Microsoft Corporation Summary
Microsoft Corporation is an American multinational technology company which produces computer software, consumer electronics, personal computers, and related services. Its best known software products are the Microsoft Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers. Its flagship hardware products are the Xbox video game consoles and the Microsoft Surface lineup of touchscreen personal computers. Microsoft ranked No. 21 in the 2020 Fortune 500 rankings of the largest United States corporations by total revenue; it was the world's largest software maker by revenue as of 2016. It is considered one of the Big Five companies in the U.S. information technology industry, along with Google, Apple, Amazon, and Facebook.
Stock Analysis
Sector: TECHNOLOGY
Industry: SERVICES-PREPACKAGED SOFTWARE
Market Cap: 303.95 Billion
Current Price: $37.05
Price Change: $2.86
Change Percentage: 11.04%
52-Week Range: $30.61 - $462.44
Dividend Yield: 0.363
Volume: 227,583,001
PE Ratio: 0.332
EPS: 0.176
More about Amazon.com Inc
```html
Company: Amazon.com Inc
Industry: Trade & Services, Retail-Catalog & Mail-Order Houses
Market Cap: $1,837,012,746,000
Current Price: $3,701.27
Dividend Yield: 0.0529
EPS: $60.89
PE Ratio: 55.78
Volume: 574,784,995
52-Week High: $3,701.27
52-Week Low: $2,116.50
Beta: 0.139
```
More about Alphabet Inc Class C
Alphabet Inc Class C Summary
Alphabet Inc. is an American multinational conglomerate headquartered in Mountain View, California. It was created through a restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries. The two co-founders of Google remained as controlling shareholders, board members, and employees at Alphabet. Alphabet is the world's fourth-largest technology company by revenue and one of the world's most valuable companies.
Sector: TECHNOLOGY
Industry: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
Market Cap: $1,989,633,376,000
Dividend Yield (%): 27.78
EPS: None
P/E Ratio: 5.8
52-Week High: $1,165.29
52-Week Low: $1,024.34
Price to Sales: 0.24
Shares Outstanding: 3,073,939,870,000
Volatility: 165.29
Volume: 0.56
Change (%): 0.135
More about Alphabet Inc Class A
Alphabet Inc Class A Summary Alphabet Inc Class A Summary
Alphabet Inc. is an American multinational conglomerate headquartered in Mountain View, California. It was created through a restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries. The two co-founders of Google remained as controlling shareholders, board members, and employees at Alphabet. Alphabet is the world's fourth-largest technology company by revenue and one of the world's most valuable companies.
Key Financials
Sector: Technology
Services: Computer Programming, Data Processing, etc.
Market Cap: $1,989,634,294,000
PE Ratio: 27.48
Dividend Yield: None
EPS: $5.79
52-Week High: $1,024.34
52-Week Low: $905.24
Price to Book: 0.24
Volume: 307,393,987,000
Market Cap Rank: 166.71
Beta: 0.56
Volatility: 0.135
Disclaimer: The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.