Datadog Stock Analysis Chart done on hourly timeframe. Datadog shares are trading more than 50% above their 52 week lows thanks to the company’s ability to finally deliver positive net income in 2023. Although earnings are still minimal, they’re still a sign of competence from leadership at the company, proving that they’re managing their growing revenue appropriately. Last year’s revenue grew at a rate of 27% YoY to reach an annual total of 2.13B, significantly higher than their less than 1B in 2020; however the rate of revenue growth slowed down from an average of 66% in the previous three years. The slow down in revenue growth eclipsed their profitable quarter on their last earnings report, leading the stock to...
Nike Pre-earnings Analysis Chart done on hourly timeframe. Nike shares are significantly underperforming the market this year, but buyers seem optimistic ahead this report as they buy the shares off its 52 week low range. The pre-earnings run up could be associated with Lululemon’s most recent earnings report, which showed strong demand for athletic wear, but that doesn’t necessarily guarantee Nike will deliver the same strong numbers and forecasts. Comparing the two companies side by side, we see a similar pattern in their revenue trend. Both reflect flat year over year growth and a plateau in their net income. Consumer demand is waning, and rising competition isn’t helping either, making the path for apparel and footwear companies very bumpy. However...
UiPath Analysis Chart done on hourly timeframe. UiPath shares are trading near their all time lows after the company’s most recent earnings sent the stock sliding down. The technology company’s IPO was just a few years ago and it started off great, but like most IPOs from 2020-2021, PATH has given up the majority of its market value as reality set in. Those years of high liquidity and low interest rates inflated many stock valuations, UiPath in specific was trading at a market cap around 50B at one point, but that number became harder to justify for a company who was at the time generating less than $1B in annual revenue. Since then, PATH has declined to a much more...
Hub Cyber Security Chart done on hourly timeframe. The cybersecurity space reached another new record in 2023 and is expected grow at an annual average of 12.3% in the next six years, providing opportunities for growth for the companies within. The rise of digitalization is set to bring more threats from hackers and attackers, which will ultimately force more people and businesses to add more advanced cybersecurity technology to their operations. Big names like CrowdStrike, Palo Alto Networks, and Zscaler have all grown to reach more than a billion in annual revenue in recent years, reflecting the growth in the space. However there are still some small companies that are trying to take a chunk from the market, one of...
Marvell Technology, Inc Analysis Chart done on daily timeframe. Marvell Technology investors are up on their investment year to date, but uncertainty is beginning to grow around the company’s ability to deliver on growth expectations. Despite having a prime position in the artificial intelligence boom, the company’s revenue has fallen short of expectations, largely because of falling demand in their enterprise network business and consumer segment. Soft industry demand hit the company hard, impacting core business segments severely year over year; however the company gave an optimistic outlook for the second half of 2025. What has saved them this year is their data center business, which accounts for 70% of their revenues. The boom in artificial intelligence infrastructure balanced out...
