Should You Buy This Blue Chip Stock-DDOG

Acrobull Canada Advisory Inc.

April 14			2025
Name	Ticker	Sector/Industry		Market Cap	Risk Factor
Datadog Inc.	DDOG-NASDAQ	Technology		$31.54 Billion	Low

Datadog, Inc. operates an observability and security platform for cloud applications in the United States and around the world. The company's offerings include infrastructure and application performance monitoring, log management.

Recent Highlights

Recent Highlights- As of December 31, 2024, we had 462 customers with ARR of $1 million or more, an increase of 17% from 396 as of December 31, 2023. As of December 31, 2024, we had about 3,610 customers with ARR of $100,000 or more, an increase of 13% from 3,190 as of December 31, 2023.

Issued $1 billion aggregate principal amount of 0% Convertible Senior Notes due 2029 in a private placement. The notes will be general unsecured obligations of Datadog and will not bear regular interest and the principal amount of the notes will not accrete. The notes will mature on December 1, 2029, unless earlier converted, redeemed or repurchased.

Fourth Quarter 2024 Highlights

Revenue- The company recorded revenue of $738 million, a 25% rise year on year.

GAP Operating Income- The company recorded GAAP operating income of $9 million and a GAAP operating margin of 1%.

Non GAAP- The company recorded non-GAAP operating income of $179 million, with a non-GAAP operating margin of 24%.

GAAP Net Income- The firm recorded GAAP net income per diluted share of $0.13, but non-GAAP net income per diluted share was $0.49.

Stock Observation- The company has reported stable financial results in the fourth quarter of 2024 and is expected to do well since it is one of the best-performing tech stocks in the industry. The RSI level for the stock is at 37, which shows oversold conditions.

Risk Involved- Financial performance of the company may have an impact on the company stock performance.

Considering all the factors and financials of the company Acrobull Canada Advisory Inc. maintains Customer Choose Buy for the stock.

Disclaimer- Though our research is fundamentally and technically based on Acrobull Canada Advisory Inc. only provides general advice on the stocks and it is imperative for the investors to do the risk assessment for themselves before investing as Acrobull Canada Advisory Inc. would not be liable for any loss or profit arising out through the investment made by the investors on our recommendations.

It is also advisable for the investors to consult with Financial Advisor, Broker or to seek any legal assistance as the research conducted by Acrobull Canada Advisory Inc. is factually based and recommendations are given in accordance with that, but it is imperative to understand that Acrobull Canada Advisory Inc. does not guarantee returns.

Acrobull Recommendation Based on Evaluation

Current Market Price	$92.02 USD
Acrobull Recommendation	Buy
Target Price	$103.25 USD
RSI Level	14 Day RSI 37
Total Shares Outstanding	317.26 Million
Shares held by Insiders Risk Factor Stop Loss	3% Low 5%