Latest news with #KojiIkeda
Globe and Mail
13 hours ago
- Business
- Globe and Mail
Why Datadog Stock Cruised to a More Than 4% Gain Today
A bullish new analyst note was the news item rallying Datadog (NASDAQ: DDOG) stock on hump day. The stock ended the trading session more than 4% higher in price as a result, which looked especially good when placed against the S&P 500 index's marginal decline. Top of its class Wednesday morning, Bank of America Securities pundit Koji Ikeda flagged Datadog as being the bank's top pick in the observability software segment. To emphasize this he raised his price target on the stock to $150 per share from his previous $138. He also reiterated his existing buy recommendation. According to reports, Ikeda expressed confidence that Datadog can deliver 20%-plus revenue growth and free-cash-flow (FCF) margins over a long-term tenure. Customers are eager to use the company's solutions, the analyst surmised from a proprietary survey given to clients, and that sentiment should underpin the continuing improvements. Ikeda also waxed bullish about Datadog's embrace of artificial intelligence (AI) functionalities to bolster its offerings. He pointed out that the company's take from "AI natives," the AI solutions Datadog has developed, is already significant, comprising nearly 9% of annual recurring revenue (ARR). Jumps in the fundamentals expected I'd generally agree with Ikeda's take. Datadog seems to have its finger on the pulse of what its customers want and demand, and has been quite assertive with innovating its products (hence the hearty push into AI). I think the analyst's prediction of continued double-digit gains is realistic, and I'd consider this stock a good one to own. Should you invest $1,000 in Datadog right now? Before you buy stock in Datadog, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Datadog wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $658,297!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $883,386!* Now, it's worth noting Stock Advisor 's total average return is992% — a market-crushing outperformance compared to172%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 9, 2025
Yahoo
15-02-2025
- Business
- Yahoo
Informatica downgraded to Neutral from Buy at BofA
BofA analyst Koji Ikeda downgraded Informatica (INFA) to Neutral from Buy with a price target of $20, down from $35, following 'challenging' Q4 results and 'soft' 2025 guidance. While the firm believes Informatica offers a proven enterprise class solution that is likely to benefit from AI over the long-term, execution issues around renewals, revenue sensitivity, pushing professional services to partners, and foreign exchange is driving the 2025 total revenue outlook 5% below the Street. The firm is 'most concerned on the execution challenges,' the analyst tells investors. Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions. Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders' Hot Stocks on TipRanks >> Read More on INFA: Informatica falls -34.0% Informatica price target lowered to $24 from $34 at Truist Informatica price target lowered to $20 from $25 at DA Davidson Informatica price target lowered to $18 from $27 at Scotiabank Informatica downgraded on execution issues at Deutsche Bank Sign in to access your portfolio
