Reported 1 day ago
A recent bullish thesis on Datadog, Inc. (DDOG) posits that despite its high current P/E ratio, the company's strong historical growth and future potential present a compelling investment opportunity. With a projected revenue increase to $5.7B by 2030 and significant earnings capacity, DDOG may offer limited downside and promising upside for investors. Although there are risks, particularly with its thin operating margins, a focus on long-term growth could benefit those willing to invest amidst current market valuations.
Source: YAHOO