Datadog's Strong Start To 2024: Analysts Optimistic About Ongoing Market Leadership, 'More/Faster Cloud Software Creation Is Better"
Datadog's Strong Start To 2024: Analysts Optimistic About Ongoing Market Leadership, 'More/Faster Cloud Software Creation Is Better"
Morgan Stanley analyst Sanjit Singh reiterated an Overweight rating on Datadog, Inc (NASDAQ:DDOG) with a price target of $137.
摩根士丹利分析師桑吉特·辛格重申了對Datadog, Inc（納斯達克股票代碼：DDOG）的增持評級，目標股價爲137美元。
The analyst highlighted that in a challenging software environment in the first quarter, Datadog delivered a bona fide beat and a forward estimate raise. As a perceived cloud attach play, he noted the market was expecting a more pronounced acceleration (and forward raise) than what Datadog delivered.
這位分析師強調，在第一季度充滿挑戰的軟件環境中，Datadog取得了真正的突破，並提高了前瞻性預期。他指出，市場預期的加速（和向前提升）將比 Datadog 提供的更明顯的加速（和向前提升）。
Singh noted that underlying fundamentals were improving, as evidenced by enhanced usage trends and reduced optimization activity.
辛格指出，基本面正在改善，使用趨勢的增強和優化活動的減少就證明了這一點。
Furthermore, strong product innovation positions the company well for strategic consolidation opportunities in the enterprise at a time when new products outside of APM, Infrastructure Monitoring, and Logs are starting to contribute. He noted this should translate to 25%+ growth in 2024, with the potential for growth to sustain and accelerate in 2025 and beyond when AI workloads go live in production environments.
此外，在APM、基礎設施監控和日誌之外的新產品開始發揮作用的時候，強勁的產品創新使公司能夠在企業中獲得戰略整合機會。他指出，這將轉化爲2024年超過25％的增長，2025年及以後，當人工智能工作負載在生產環境中上線時，增長有可能持續和加速。
Singh said the shares still look attractive for a platform company taking a share in a large addressable market with highly compelling unit economics.
辛格說，對於一家在單位經濟極具吸引力的大型潛在市場中佔有一席之地的平台公司來說，這些股票看起來仍然具有吸引力。
Truist Securities analyst Joel P. Fishbein Jr. reiterated a Buy rating on Datadog with a price target of $155.
Truist Securities分析師小喬爾·菲什貝因重申了對Datadog的買入評級，目標股價爲155美元。
The analyst said Datadog carried its fiscal 2023 momentum into the first quarter of 2024, delivering a beat across the board driven by improving usage trends and broader platform adoption.
這位分析師表示，在使用趨勢改善和平台採用率的推動下，Datadog將2023財年的勢頭延續到2024年第一季度，實現了全面增長。
The analyst noted Datadog has a long runway of module expansion opportunities and expects these trends to continue.
該分析師指出，Datadog的模塊擴張機會很長，並預計這些趨勢將繼續下去。
Management provided additional color into the timing and scale of new product adoption, giving incremental confidence in their ability to sustain market-leading growth.
管理層爲新產品採用的時機和規模提供了更多色彩，使他們對維持市場領先增長的能力增強了信心。
AI customer contribution ticked higher and generally speaking, Fishbein noted the key AI driver in the story as the creation of more cloud software. The company lifted its fiscal 2024 outlook, though he said it could prove conservative.
人工智能客戶的貢獻更高，總的來說，Fishbein指出，故事中的關鍵人工智能驅動力是更多雲軟件的創建。該公司上調了2024財年的展望，儘管他表示這可能是保守的。
Generally speaking, he put DDOG in the camp of "more/faster cloud software creation is better" AI beneficiaries.
總的來說，他將DDOG置於 “創建更多/更快的雲軟件越好” 的人工智能受益者陣營。
The analyst projected second-quarter revenue of $622 million (prior $616 million) and EPS of $0.35.
該分析師預計第二季度收入爲6.22億美元（之前爲6.16億美元），每股收益爲0.35美元。
DA Davidson analyst Gil Luria maintained a Neutral rating with a price target of $115.
戴維森分析師吉爾·盧里亞維持中性評級，目標股價爲115美元。
Luria said the re-rating followed the first quarter of 2024, demonstrating progress toward greater customer adoption of Datadog's growing portfolio, sequential improvement of optimization forces and stronger-than-expected margin accretion.
盧里亞說，重新評級是在2024年第一季度之後進行的，這表明在客戶更多地採用Datadog不斷增長的產品組合、優化力量的連續改善以及利潤增長強於預期方面取得了進展。
Given the well-accepted viewpoint that Datadog's business essentially tracks with the Cloud hyperscalers, the analyst noted the market was expecting a more significant rise following strong outlooks from Microsoft Corp (NASDAQ:MSFT) Azure, Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) GCP and Amazon.Com Inc (NASDAQ:AMZN) AWS.
鑑於Datadog的業務本質上與雲超大規模企業保持一致的觀點，該分析師指出，在微軟公司（納斯達克股票代碼：MSFT）Azure、Alphabet Inc（納斯達克股票代碼：GOOG）（納斯達克股票代碼：GOOG）GCP和亞馬遜公司（納斯達克股票代碼：AMZN）AWS的強勁前景之後，市場預計將出現更大幅度的上漲。
Concerning AI, he said Datadog is making progress in leveraging its core know-how to deliver a growing toolkit for the demands of AI-enabled computing and expects to learn more about forthcoming AI products at its user conference in June.
關於人工智能，他表示，Datadog在利用其核心知識爲人工智能計算需求提供不斷增長的工具包方面正在取得進展，並預計將在6月的用戶大會上進一步了解即將推出的人工智能產品。
The analyst projects second-quarter revenue of $622.1 million (prior $611.4 million) and EPS of $0.36.
該分析師預計第二季度收入爲6.221億美元（之前爲6.114億美元），每股收益爲0.36美元。
DDOG Price Action: DDOG shares traded higher by 3.72% at $116.58 at the last check Wednesday.
DDOG價格走勢：在週三的最後一次支票中，DDOG股價上漲3.72％，至116.58美元。
Photo: rafapress via Shutterstock
照片：rafapress 通過 Shutterstock
譯文內容由第三人軟體翻譯。