Datadog (NASDAQ:DDOG) Given New $240.00 Price Target at Daiwa Securities Group

Datadog (NASDAQ:DDOG) had its target price hoisted by research analysts at Daiwa Securities Group from $190.00 to $240.00 in a research note issued on Wednesday,MarketScreener reports. The firm presently has a “buy” rating on the stock. Daiwa Securities Group’s target price suggests a potential upside of 19.18% from the company’s previous close.

Other research analysts have also recently issued research reports about the stock. Sanford C. Bernstein boosted their price target on shares of Datadog from $167.00 to $180.00 and gave the company an “outperform” rating in a research report on Friday. KeyCorp raised their price objective on shares of Datadog from $155.00 to $225.00 and gave the stock an “overweight” rating in a research report on Friday. Oppenheimer lifted their target price on shares of Datadog from $200.00 to $220.00 in a research note on Thursday, May 7th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating and issued a $250.00 target price on shares of Datadog in a report on Friday. Finally, Mizuho increased their price target on shares of Datadog from $145.00 to $220.00 and gave the company an “outperform” rating in a research note on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $213.38.

Datadog Price Performance

Shares of DDOG stock traded up $1.44 during trading hours on Wednesday, reaching $201.38. The company had a trading volume of 765,839 shares, compared to its average volume of 5,875,880. Datadog has a 12-month low of $98.01 and a 12-month high of $203.58. The company has a debt-to-equity ratio of 0.25, a quick ratio of 3.40 and a current ratio of 3.40. The company has a market capitalization of $71.00 billion, a price-to-earnings ratio of 527.95, a PEG ratio of 69.99 and a beta of 1.30. The stock has a fifty day moving average of $129.68 and a 200-day moving average of $137.93.

Datadog (NASDAQ:DDOG) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.51 by $0.09. The firm had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $960.12 million. Datadog had a return on equity of 4.83% and a net margin of 3.69%.The firm’s revenue was up 32.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.46 earnings per share. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. On average, equities analysts anticipate that Datadog will post 0.33 earnings per share for the current year.

Insider Buying and Selling at Datadog

In other news, Director Julie Richardson sold 1,930 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $185.82, for a total value of $358,632.60. Following the sale, the director directly owned 2,106 shares of the company’s stock, valued at approximately $391,336.92. The trade was a 47.82% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Kerry Acocella sold 13,857 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $150.00, for a total transaction of $2,078,550.00. Following the completion of the transaction, the general counsel owned 140,489 shares in the company, valued at approximately $21,073,350. This represents a 8.98% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 695,598 shares of company stock valued at $91,612,665. 6.48% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the company. Rothschild Investment LLC raised its holdings in shares of Datadog by 126.6% in the 3rd quarter. Rothschild Investment LLC now owns 179 shares of the company’s stock valued at $25,000 after buying an additional 100 shares during the period. Physician Wealth Advisors Inc. lifted its stake in Datadog by 315.2% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 191 shares of the company’s stock worth $27,000 after acquiring an additional 145 shares in the last quarter. Westside Investment Management Inc. boosted its holdings in 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 acquiring an additional 75 shares during the period. JPL Wealth Management LLC acquired a new position in Datadog in the 3rd quarter valued at about $27,000. Finally, Hazlett Burt & Watson Inc. acquired a new position in Datadog in the 3rd quarter valued at about $28,000. 78.29% of the stock is currently owned by hedge funds and other institutional investors.

Datadog News Roundup

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Datadog’s latest quarter topped expectations, with revenue up 32.1% year over year to $1.01 billion and EPS of $0.60 beating estimates, while management’s guidance also came in above Wall Street’s view. DDOG Q1 Deep Dive: AI Adoption and Product Expansion Drive Strong Growth
• Positive Sentiment: Analysts turned more constructive after earnings, including CICC Research raising its price target to $204 from $150 and other firms reiterating bullish ratings, reinforcing the view that DDOG still has upside. MarketScreener
• Positive Sentiment: Recent coverage continues to frame Datadog as an AI beneficiary and a “SaaS apocalypse” survivor, which is helping sentiment and supporting the stock’s re-rating. Barchart
• Neutral Sentiment: Datadog also announced upcoming presentations at investor conferences, which may keep the name in front of investors but is not a major fundamental catalyst by itself. Datadog to Present at Upcoming Investor Conference
• Negative Sentiment: Several insiders, including directors and a top executive, sold shares in recent days; while some were under pre-arranged 10b5-1 plans, the heavy insider selling may still weigh on sentiment. SEC filing

About Datadog

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.