Raymond James Financial Issues Positive Forecast for Datadog (NASDAQ:DDOG) Stock Price

Datadog (NASDAQ:DDOG) had its target price boosted by research analysts at Raymond James Financial from $170.00 to $220.00 in a research note issued to investors on Thursday,MarketScreener reports. Raymond James Financial’s price target suggests a potential upside of 14.99% from the stock’s current price.

DDOG has been the topic of a number of other reports. Canaccord Genuity Group reiterated a “buy” rating on shares of Datadog in a research note on Wednesday, February 11th. Bank of America reduced their target price on Datadog from $215.00 to $170.00 and set a “buy” rating for the company in a report on Wednesday, April 22nd. Scotiabank decreased their target price on shares of Datadog from $180.00 to $160.00 and set a “sector outperform” rating on the stock in a report on Wednesday, February 11th. Guggenheim increased their target price on shares of Datadog from $175.00 to $225.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, KeyCorp boosted their price target on shares of Datadog from $155.00 to $225.00 and gave the company an “overweight” rating in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $206.83.

Datadog Stock Performance

NASDAQ:DDOG traded up $2.60 on Thursday, reaching $191.33. 4,105,187 shares of the company’s stock were exchanged, compared to its average volume of 5,828,224. The stock has a fifty day simple moving average of $124.41 and a 200-day simple moving average of $136.98. Datadog has a 52 week low of $98.01 and a 52 week high of $201.69. The company has a debt-to-equity ratio of 0.26, a current ratio of 3.38 and a quick ratio of 3.38. The firm has a market cap of $67.46 billion, a price-to-earnings ratio of 615.45, a P/E/G ratio of 52.02 and a beta of 1.30.

Datadog (NASDAQ:DDOG) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.60 earnings per share for the quarter, beating analysts’ consensus estimates of $0.51 by $0.09. Datadog had a net margin of 3.14% and a return on equity of 4.14%. The business had revenue of $1.01 billion during the quarter, compared to analyst estimates of $960.12 million. During the same period in the previous year, the business earned $0.46 EPS. Datadog’s revenue was up 32.1% compared to the same quarter last year. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. As a group, sell-side analysts predict that Datadog will post 0.32 earnings per share for the current year.

Insider Activity

In related news, General Counsel Kerry Acocella sold 13,857 shares of the company’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $150.00, for a total value of $2,078,550.00. Following the completion of the transaction, the general counsel directly owned 140,489 shares in the company, valued at approximately $21,073,350. The trade was a 8.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Amit Agarwal sold 20,000 shares of the stock in a transaction on Monday, April 27th. The shares were sold at an average price of $131.47, for a total value of $2,629,400.00. Following the completion of the transaction, the director directly owned 1,640 shares in the company, valued at approximately $215,610.80. This represents a 92.42% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 654,018 shares of company stock worth $80,903,197. Corporate insiders own 6.67% of the company’s stock.

Hedge Funds Weigh In On Datadog

A number of large investors have recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in Datadog by 30.3% in the third quarter. Vanguard Group Inc. now owns 41,902,227 shares of the company’s stock worth $5,966,877,000 after buying an additional 9,748,738 shares in the last quarter. Price T Rowe Associates Inc. MD raised its stake in shares of Datadog by 7.1% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 14,423,814 shares of the company’s stock worth $1,961,496,000 after acquiring an additional 956,993 shares in the last quarter. State Street Corp raised its stake in shares of Datadog by 106.8% during the third quarter. State Street Corp now owns 13,732,777 shares of the company’s stock worth $1,955,547,000 after acquiring an additional 7,091,075 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Datadog by 2.2% in the 4th quarter. Geode Capital Management LLC now owns 9,056,086 shares of the company’s stock worth $1,227,184,000 after acquiring an additional 197,816 shares during the last quarter. Finally, Jennison Associates LLC boosted its stake in shares of Datadog by 43.7% in the 4th quarter. Jennison Associates LLC now owns 7,623,993 shares of the company’s stock valued at $1,036,787,000 after purchasing an additional 2,316,994 shares in the last quarter. 78.29% of the stock is owned by hedge funds and other institutional investors.

More Datadog News

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Q1 beat and cash‑flow strength — Revenue ≈ $1.01B (+~32% YoY) and EPS $0.60 topped estimates; management reported strong operating and free cash flow and cited expansion in $100k+ ARR customers. Q1 2026 Results
• Positive Sentiment: Guidance materially raised — Q2 EPS $0.57–$0.59 and FY‑2026 EPS $2.36–$2.44 well above consensus, the primary catalyst cited by traders and analysts. Guidance raise
• Positive Sentiment: Analyst re‑ratings and price‑target lifts amplified flows — multiple firms (e.g., Wedbush, BTIG, Citizens JMP, Needham/Mizuho/Rosenblatt coverage) raised targets/ratings after the print, supporting momentum. Analyst reactions
• Positive Sentiment: Product & GTM catalysts — new product rollouts (AI/security agents, GPU monitoring, MCP Server) and FedRAMP High certification open higher‑security federal deals. FedRAMP certification
• Neutral Sentiment: Unusually large options and call buying (tens of thousands of calls) and elevated volume amplified the move — this can magnify intraday gains but also increase short‑term volatility. Options flow
• Neutral Sentiment: Media and momentum trading are sustaining upside in the short term; watch upcoming commentary on bookings, renewal/expansion rates and AI/security inference revenue for confirmation.
• Negative Sentiment: Insider selling via pre‑arranged Rule 10b5‑1 plans — CTO, General Counsel, CRO and a director have sold shares recently; while often planned, these large disclosures can be read as profit‑taking. SEC Form 4 (CTO sale)
• Negative Sentiment: Valuation is extended — very high forward P/E and a premium multiple mean the stock is sensitive to any slowing in growth or weaker forward commentary; profit‑taking risk is elevated after the run.

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.