Here is the article.
Putting the puns aside for the moment, Datadog offers operational analysis of a company through what it calls "monitoring as a service." It compiles data from all aspects of cloud applications to make the entire stack of a tech company's operations observable from one point.
At first glance, it may not look like an appealing tech stock. For one, it is far from the only cloud monitoring company. Companies can turn to the likes of New Relic, Splunk, and Sumo Logic for similar functionality. Datadog must also compete with established tech giants such as Cisco Systems and International Business Machines.
Moreover, with a forward P/E ratio that has risen above 430, Datadog stock sells for a considerable premium. The fact that the stock has risen by more than 140% this year partially explains the multiple.
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