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-0.00107874865156412 -0.00107874865156412 -0.00107874865156412 -0.00086299892125133 0 0.00183387270765913 0.000539374325782062 0.00967206040992456
Stock impact report

Prediction: 2 Growth Stocks That Will Be Worth More Than Block 2 Years From Now [Yahoo! Finance]

Datadog, Inc. - Class A (DDOG) 
Last datadog, inc. - class a earnings: 2/13 04:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
It went public in 2015, and its revenue grew at a compound annual growth rate (CAGR) of 55% from 2015 to 2021. That growth was fueled by the expansion of Square's digital payment platform and the popularity of its Cash app for peer-to-peer payments, Bitcoin transactions, and commission-free stock trades. But from 2021 to 2024, Block's revenue only rose at a CAGR of 11%. From 2024 to 2027, analysts expect its revenue to grow at a CAGR of 9%. Three headwinds are curbing its growth: competition from other digital payment platforms, inflationary headwinds for consumer spending, and elevated interest rates, which are dragging down Bitcoin , keeping investors from actively trading, and compressing its valuations. Its earnings per share (EPS) is only expected to grow at a CAGR of 1% from 2024 to 2027. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Block has a market cap of $33.4 billion, and it look Show less Read more
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