Datadog (DDOG) Competitors

$120.07
-0.54 (-0.45%)
(As of 05/17/2024 ET)

DDOG vs. VEEV, ADSK, HUBS, TEAM, ANSS, MDB, NET, TTWO, SNOW, and MSTR

Should you be buying Datadog stock or one of its competitors? The main competitors of Datadog include Veeva Systems (VEEV), Autodesk (ADSK), HubSpot (HUBS), Atlassian (TEAM), ANSYS (ANSS), MongoDB (MDB), Cloudflare (NET), Take-Two Interactive Software (TTWO), Snowflake (SNOW), and MicroStrategy (MSTR). These companies are all part of the "prepackaged software" industry.

Datadog vs.

Veeva Systems (NYSE:VEEV) and Datadog (NASDAQ:DDOG) are both large-cap computer and technology companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, valuation, risk, earnings, media sentiment, dividends, profitability, community ranking and analyst recommendations.

Veeva Systems received 435 more outperform votes than Datadog when rated by MarketBeat users. Likewise, 69.83% of users gave Veeva Systems an outperform vote while only 64.23% of users gave Datadog an outperform vote.

CompanyUnderperformOutperform
Veeva SystemsOutperform Votes
699
69.83%
Underperform Votes
302
30.17%
DatadogOutperform Votes
264
64.23%
Underperform Votes
147
35.77%

88.2% of Veeva Systems shares are held by institutional investors. Comparatively, 78.3% of Datadog shares are held by institutional investors. 10.5% of Veeva Systems shares are held by insiders. Comparatively, 11.8% of Datadog shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Veeva Systems has higher revenue and earnings than Datadog. Veeva Systems is trading at a lower price-to-earnings ratio than Datadog, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Veeva Systems$2.36B14.36$525.71M$3.2265.34
Datadog$2.13B18.72$48.57M$0.32375.22

Veeva Systems currently has a consensus price target of $234.90, suggesting a potential upside of 11.66%. Datadog has a consensus price target of $135.58, suggesting a potential upside of 12.91%. Given Veeva Systems' stronger consensus rating and higher probable upside, analysts plainly believe Datadog is more favorable than Veeva Systems.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Veeva Systems
1 Sell rating(s)
5 Hold rating(s)
14 Buy rating(s)
0 Strong Buy rating(s)
2.65
Datadog
0 Sell rating(s)
5 Hold rating(s)
24 Buy rating(s)
1 Strong Buy rating(s)
2.87

In the previous week, Veeva Systems had 2 more articles in the media than Datadog. MarketBeat recorded 21 mentions for Veeva Systems and 19 mentions for Datadog. Veeva Systems' average media sentiment score of 0.97 beat Datadog's score of 0.76 indicating that Datadog is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Veeva Systems
9 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Datadog
11 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Veeva Systems has a beta of 0.76, suggesting that its stock price is 24% less volatile than the S&P 500. Comparatively, Datadog has a beta of 1.14, suggesting that its stock price is 14% more volatile than the S&P 500.

Veeva Systems has a net margin of 22.24% compared to Veeva Systems' net margin of 5.11%. Datadog's return on equity of 11.26% beat Veeva Systems' return on equity.

Company Net Margins Return on Equity Return on Assets
Veeva Systems22.24% 11.26% 9.01%
Datadog 5.11%7.48%3.85%

Summary

Veeva Systems beats Datadog on 10 of the 19 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding DDOG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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DDOG vs. The Competition

MetricDatadogPrepackaged software IndustryComputer SectorNASDAQ Exchange
Market Cap$39.85B$22.12B$20.72B$7.94B
Dividend YieldN/A2.04%2.69%3.91%
P/E Ratio375.2282.88268.2118.78
Price / Sales18.7210.93551.09111.67
Price / Cash303.3269.2429.2232.08
Price / Book18.089.586.654.68
Net Income$48.57M$374.44M$633.98M$217.01M
7 Day Performance0.92%3.02%2.04%2.90%
1 Month Performance-3.96%6.46%5.55%6.58%
1 Year Performance27.00%17.44%24.66%10.15%

Datadog Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
VEEV
Veeva Systems
4.8546 of 5 stars
$203.75
-0.1%
$234.90
+15.3%
+26.6%$32.87B$2.36B63.287,172Analyst Revision
ADSK
Autodesk
4.8416 of 5 stars
$215.83
-0.4%
$274.67
+27.3%
+11.5%$46.51B$5.50B51.2713,700Upcoming Earnings
Short Interest ↓
HUBS
HubSpot
3.4931 of 5 stars
$589.31
-1.4%
$640.04
+8.6%
+26.8%$30.00B$2.17B-222.387,663Short Interest ↑
TEAM
Atlassian
4.4963 of 5 stars
$184.08
+0.7%
$223.22
+21.3%
+24.8%$47.92B$4.17B-292.196,433Insider Selling
ANSS
ANSYS
3.569 of 5 stars
$325.86
-0.7%
$320.00
-1.8%
+8.6%$28.45B$2.27B65.436,200Analyst Forecast
Short Interest ↑
Positive News
MDB
MongoDB
3.8556 of 5 stars
$359.27
+0.0%
$443.86
+23.5%
+31.3%$26.16B$1.68B-144.875,037Analyst Forecast
Options Volume
Positive News
NET
Cloudflare
4.5629 of 5 stars
$73.36
-0.3%
$91.87
+25.2%
+38.8%$25.00B$1.39B-138.423,682Analyst Forecast
TTWO
Take-Two Interactive Software
4.2975 of 5 stars
$144.96
+0.7%
$177.61
+22.5%
+18.3%$24.73B$5.35B-16.9011,580Earnings Report
Analyst Forecast
Options Volume
News Coverage
Gap Up
SNOW
Snowflake
4.5731 of 5 stars
$161.00
+0.8%
$202.77
+25.9%
-7.0%$53.81B$2.81B-63.147,004Upcoming Earnings
Analyst Forecast
Insider Selling
MSTR
MicroStrategy
2.7242 of 5 stars
$1,297.63
+4.1%
$1,678.75
+29.4%
+445.3%$23.02B$496.26M-193.681,934Gap Up

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This page (NASDAQ:DDOG) was last updated on 5/18/2024 by MarketBeat.com Staff

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