Does anyone have insight into growth of the Datadog stock? Is it an acquisition target? If yes, what will be the likely price paid. It is currently trading at 19 times revenue. Is it already overvalued? Is there room for growth? Here are my reasons to expect growth of the company/stock. Please feel free to correct anything here. Revenue is growing easily > 25% year over year since last 3 years. Link here https://finance.yahoo.com/quote/DDOG/financials?p=DDOG Platform adoption and multi-product usage are the key fundamental strengths of Datadog. Quote from https://investorplace.com/2023/12/3-disruptive-tech-stocks-set-to-soar-by-2025/. This has been an unmatched strength. Companies have been trying for years and after billions of investments, no success. Not even close. Robust velocity of innovation and releases. https://www.datadoghq.com/about/latest-news/press-releases/ They have been cloud native forever. Anecdotally, it is understood within the industry that DDog is the only one pushing boundaries and innovating.
Probably about $65B
Likely impossible at current revenues. Possible if revenue goes up to $3b while being disciplined about costs. May be by 2025.
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1 vs 5 Million - no lifestyle change
Too expensive for it to be an acquisition target.
Only the giants can buy. Interestingly aws has not made huge acquisitions. Ddog can be complementary to its existing services.
What’s the diff between ddog and splunk?