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DDOG
Benzinga
104 days

These Analysts Revise Their Forecasts On Datadog After Q1 Results

1. DDOG reported Q1 revenue of $761.55M, beating estimates. 2. Adjusted EPS of 46 cents also surpassed analyst projections. 3. Q2 revenue guidance suggests continued growth, above consensus estimates. 4. FY2025 revenue outlook raised, but adjusted EPS outlook missed consensus. 5. Analysts updated price targets, generally lowering them after earnings.

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FAQ

Why Bullish?

Although guidance is mixed, strong revenue growth may attract investors. Historically, unmet EPS forecasts tend to affect stock prices, but DDOG's growth compensates.

How important is it?

Strong revenue and guidance get investor interest, yet analysts' lowered targets may cause caution.

Why Short Term?

Immediate market reactions likely based on recent earnings report. Analysts' target changes could influence prices in the coming weeks.

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