Datadog (NASDAQ:DDOG – Get Free Report)‘s stock had its “buy” rating reissued by investment analysts at DA Davidson in a report released on Monday,Benzinga reports. They presently have a $225.00 price objective on the stock. DA Davidson’s price objective points to a potential upside of 56.24% from the company’s previous close.
A number of other analysts have also recently commented on DDOG. The Goldman Sachs Group started coverage on shares of Datadog in a research note on Monday, January 12th. They set a “sell” rating and a $113.00 price target on the stock. Barclays dropped their price target on shares of Datadog from $165.00 to $148.00 and set an “overweight” rating on the stock in a research note on Monday, April 20th. TD Cowen lowered their target price on shares of Datadog from $215.00 to $190.00 and set a “buy” rating on the stock in a research note on Wednesday, April 15th. Capital One Financial lowered their target price on shares of Datadog from $157.00 to $135.00 and set an “overweight” rating on the stock in a research note on Thursday, April 16th. Finally, Stifel Nicolaus set a $160.00 target price on shares of Datadog and gave the stock a “buy” rating in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $177.03.
Check Out Our Latest Analysis on Datadog
Datadog Stock Performance
Datadog (NASDAQ:DDOG – Get Free Report) last announced its quarterly earnings results on Tuesday, February 10th. The company reported $0.59 EPS for the quarter, beating analysts’ consensus estimates of $0.55 by $0.04. The company had revenue of $953.19 million for the quarter, compared to analysts’ expectations of $916.53 million. Datadog had a net margin of 3.14% and a return on equity of 4.14%. Datadog’s revenue was up 29.2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.49 EPS. Datadog has set its FY 2026 guidance at 2.080-2.160 EPS and its Q1 2026 guidance at 0.490-0.510 EPS. Equities analysts forecast that Datadog will post 0.32 earnings per share for the current year.
Insider Buying and Selling
In related news, CEO Olivier Pomel sold 68,922 shares of Datadog stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $110.54, for a total value of $7,618,637.88. Following the transaction, the chief executive officer owned 704,821 shares in the company, valued at $77,910,913.34. This trade represents a 8.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CRO Sean Michael Walters sold 22,330 shares of Datadog stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $125.68, for a total transaction of $2,806,434.40. Following the completion of the transaction, the executive owned 238,384 shares in the company, valued at approximately $29,960,101.12. The trade was a 8.56% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 594,639 shares of company stock worth $72,214,894 in the last 90 days. 6.67% of the stock is owned by company insiders.
Institutional Investors Weigh In On Datadog
A number of large investors have recently added to or reduced their stakes in DDOG. Rothschild Investment LLC grew its holdings in Datadog by 126.6% in the 3rd quarter. Rothschild Investment LLC now owns 179 shares of the company’s stock worth $25,000 after acquiring an additional 100 shares during the last quarter. Physician Wealth Advisors Inc. boosted its stake in shares of Datadog by 315.2% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 191 shares of the company’s stock valued at $27,000 after purchasing an additional 145 shares in the last quarter. Westside Investment Management Inc. boosted its stake in shares of Datadog by 74.3% during the 3rd quarter. Westside Investment Management Inc. now owns 176 shares of the company’s stock valued at $27,000 after purchasing an additional 75 shares in the last quarter. JPL Wealth Management LLC bought a new stake in shares of Datadog during the 3rd quarter valued at about $27,000. Finally, Hazlett Burt & Watson Inc. bought a new stake in shares of Datadog during the 3rd quarter valued at about $28,000. Institutional investors own 78.29% of the company’s stock.
Datadog Company Profile
Datadog (NASDAQ: DDOG) is a cloud-based monitoring and observability platform that helps organizations monitor, troubleshoot and secure their applications and infrastructure at scale. Its software-as-a-service offering collects and analyzes metrics, traces and logs from servers, containers, cloud services and applications to provide real-time visibility into system performance and health. Datadog’s platform is widely used by engineering, operations and security teams to reduce downtime, accelerate incident response and improve application reliability.
The company’s product suite includes infrastructure monitoring, application performance monitoring (APM), log management, real user monitoring (RUM), synthetic monitoring and network performance monitoring, along with security-focused products such as security monitoring and cloud SIEM.
Further Reading
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