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Is Datadog Stock a Buy?

TheMotleyFool

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Is Datadog Stock a Buy?: https://g.foolcdn.com/editorial/images/707823/it-security-worker.jpg

Datadog (NASDAQ: DDOG) posted its third-quarter earnings report on Nov. 3. The data visualization company's revenue rose 61% year-over-year to $437 million and beat analysts' estimates by $22 million. Its adjusted net income increased 83% to $81 million, or $0.23 per share, which also cleared the consensus forecast by seven cents.

Datadog's growth rates were impressive, but its stock barely budged after the report and remains down nearly 60% for the year. Let's review Datadog more closely to see if it's worth buying at these levels.

Image source: Getty Images.

Source Fool.com

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