Datadog in the Doghouse After Disappointing Forecast. Is It Time to Buy the Stock on the Dip?
Shares of Datadog (NASDAQ: DDOG) are down 19% since the cloud security platform provider issued a weaker-than-expected 2025 outlook with slower revenue growth and higher expenses.However, there could still be an opportunity in the stock as the company looks to transition from a platform that alerts customers of potential problems to one that takes action and fixes them.With that in mind, let's take a closer look at the company's most recent results and guidance to see if this is a buying opportunity.Continue reading
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Shares of Datadog (NASDAQ: DDOG) are down 19% since the cloud security platform provider issued a weaker-than-expected 2025 outlook with slower revenue growth and higher expenses.
However, there could still be an opportunity in the stock as the company looks to transition from a platform that alerts customers of potential problems to one that takes action and fixes them.
With that in mind, let's take a closer look at the company's most recent results and guidance to see if this is a buying opportunity.