Datadog, Inc. (DDOG): A Bear Case Theory

We came across a bearish thesis on Datadog, Inc. (DDOG) on Substack by Elliot. In this article, we will summarize the bears’ thesis on DDOG. Datadog, Inc. (DDOG)'s share was trading at $151.96 as of Nov 27^th. DDOG’s trailing and forward P/E were 276.29 and 73.53 respectively according to Yahoo Finance.

[caption id="attachment_1238417" align="aligncenter" width="768"] A close-up view of programmer hands typing on a keyboard for a 3D security platform.[/caption]

Datadog has emerged as a key SaaS player, gaining significant attention after reporting strong earnings in early...