Datadog Earnings: What to Watch

Datadog (NASDAQ: DDOG) reports its earnings on Nov. 4, in an announcement that should include head-turning growth metrics.

In this video from "The Five" from Motley Fool Live, recorded on Oct. 12, Fool contributors Brian Withers and Demitri Kalogeropoulos discuss the main factors to watch in the cloud-services giant's upcoming report.

10 stocks we like better than Datadog
When our award-winning analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*

They just revealed what they believe are the ten best stocks for investors to buy right now... and Datadog wasn't one of them! That's right -- they think these 10 stocks are even better buys.

See the 10 stocks

*Stock Advisor returns as of September 17, 2021

Brian Withers: For me, it's just Datadog and for no reason other than they're just a player that is really riding the tailwinds of cloud. As more and more companies go to the cloud and have maybe some other business and on-premise and getting other cloud things from potentially multiple cloud providers, Datadog is a great company to provide you insights into all of those information technology operations across your enterprise.

It just gets to a point where companies, I think, need Datadog just to keep tabs on the complexity of companies' information technology infrastructure is just getting more and more with more different sources of where these things can go and demand of employees being able to work from anywhere. IT organizations are stretched to provide reliable, capable, and secure services across our enterprise.

Datadog is a great way to do that and they're continuing to innovate. They added a couple of more new products last quarter. They have some really stellar growth rates that they are targeting. It's a very rich stock from a price-to-sales perspective.

But they have so many things going for them, and it's one of my holdings that I've recently bought that I'm excited about and just want to keep better tabs on the company.

Demitri Kalogeropoulos: Interesting. That's the first I've looked at Datadog. I had no idea it's a $45 billion market cap. That's a big company. It looks like they're supposed to grow earnings over 70% this quarter. That's amazing.

Withers: They are absolutely a high-growth company, and you don't have to know much about them really, but to understand that they're into the observability, which is really going out and looking at your systems and understanding what's going on with them and helping them fend off problems before they become bigger issues.

Demitri Kalogeropoulos has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends Datadog. The Motley Fool has a disclosure policy.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story


Latest Markets Videos

The Motley Fool

Founded in 1993 in Alexandria, VA., by brothers David and Tom Gardner, The Motley Fool is a multimedia financial-services company dedicated to building the world's greatest investment community. Reaching millions of people each month through its website, books, newspaper column, radio show, television appearances, and subscription newsletter services, The Motley Fool champions shareholder values and advocates tirelessly for the individual investor. The company's name was taken from Shakespeare, whose wise fools both instructed and amused, and could speak the truth to the king -- without getting their heads lopped off.

Learn More