Datadog Inc Class A
DDOG: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$137.00 | Rhtbw | Xcscfgpfz |
We Dig Datadog; Launching Coverage With a $153 Fair Value Estimate; Shares Undervalued
Business Strategy and Outlook
We believe Datadog is poised for success in the full-stack monitoring and analysis space. Datadog's monitoring platform benefits from secular tailwinds driving an exponential increase in machine data for companies to monitor and analyze. In our view, the firm's sticky product portfolio, combined with a broad range of monitoring capabilities, has helped Datadog build a narrow economic moat around its business.