I think the 30 P/E may be too soon to napkin-math (if a verb).
If I say revenue will be, starting with this year ending at $1.7b
2.55b
3.57b
4.8b
6.2b end of 2026, or roughly 4 years from now.
That is using a quicker drop in growth rates of 50/40/35/30 respectively.
This is very ServiceNow-ish.
Despite the carnage YTD, NOW is sitting at $80b mkt cap for roughly $6.5b in revenues. Getting a 11-12 P/S.
If applied to DDOG, if they arrive at $80b mkt cap in 4 years, it is a CAGR of mid-30’s%/yr. Assuming stock comp dilution, call it 30%/yr even.
That is still pretty good. And will market macro be same, worse, or better than today in 4 years? Dunno. Is NOW a horribly weird compare? Dunno.
Dreamer