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Is Datadog (DDOG) Still Sensibly Priced After Its Recent Share Price Rebound?

Is Datadog (DDOG) Still Sensibly Priced After Its Recent Share Price Rebound?

  • If you are wondering whether Datadog’s current share price still makes sense for new money or topping up an existing position, the key question is how its market value lines up against its fundamentals.
  • After a strong multi year run, with a 46.7% return over 3 years and 22.6% over 5 years, the stock is currently some way off past highs. Recent returns have been 9.4% over 7 days, 19.3% over 30 days, 17.5% year to date and 2.7% over 1 year.
  • Recent headlines have focused on Datadog’s role in cloud observability and security tooling, along with ongoing customer adoption of its monitoring platform across large enterprises. This context helps explain why the share price has been sensitive to any news that could affect expectations around…

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