Datadog (NASDAQ:DDOG) Stock Price Expected to Rise, Citigroup Analyst Says

Datadog (NASDAQ:DDOG) had its price objective upped by equities research analysts at Citigroup from $218.00 to $270.00 in a research note issued to investors on Wednesday,MarketScreener reports. The firm currently has a “buy” rating on the stock. Citigroup’s price target points to a potential upside of 18.17% from the company’s current price.

Several other research analysts have also weighed in on the company. Citizens Jmp raised Datadog from a “market perform” rating to an “outperform” rating and set a $225.00 target price on the stock in a research report on Thursday, May 7th. BMO Capital Markets reiterated an “outperform” rating and set a $260.00 price target on shares of Datadog in a report on Friday. Sanford C. Bernstein restated an “outperform” rating on shares of Datadog in a report on Friday, June 12th. Capital One Financial cut their price objective on shares of Datadog from $157.00 to $135.00 and set an “overweight” rating on the stock in a research report on Thursday, April 16th. Finally, CICC Research lifted their target price on shares of Datadog from $150.00 to $204.00 in a research note on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Datadog presently has an average rating of “Moderate Buy” and an average target price of $238.34.

Datadog Stock Down 1.1%

DDOG traded down $2.63 on Wednesday, reaching $228.48. 602,141 shares of the company traded hands, compared to its average volume of 5,892,563. The stock’s 50 day moving average price is $182.76 and its 200-day moving average price is $148.33. Datadog has a 52-week low of $98.01 and a 52-week high of $278.70. The company has a market cap of $81.33 billion, a price-to-earnings ratio of 600.64, a PEG ratio of 24.96 and a beta of 1.56. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.40 and a quick ratio of 3.40.

Datadog (NASDAQ:DDOG) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.60 EPS for the quarter, beating the consensus estimate of $0.51 by $0.09. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The business had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $960.12 million. During the same period in the previous year, the company posted $0.46 EPS. Datadog’s revenue was up 32.1% on a year-over-year basis. 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, sell-side analysts expect that Datadog will post 0.61 EPS for the current fiscal year.

Insider Activity

In other Datadog news, CEO Olivier Pomel sold 127,141 shares of the stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $231.69, for a total transaction of $29,457,298.29. Following the transaction, the chief executive officer owned 612,747 shares in the company, valued at $141,967,352.43. This trade represents a 17.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO David M. Obstler sold 75,000 shares of Datadog stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $231.69, for a total transaction of $17,376,750.00. Following the completion of the transaction, the chief financial officer directly owned 434,591 shares in the company, valued at approximately $100,690,388.79. This represents a 14.72% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 1,354,489 shares of company stock valued at $278,129,246. Insiders own 6.48% of the company’s stock.

Institutional Investors Weigh In On Datadog

A number of hedge funds have recently bought and sold shares of DDOG. Rothschild Investment LLC grew its position in shares of Datadog by 126.6% in the third quarter. Rothschild Investment LLC now owns 179 shares of the company’s stock valued at $25,000 after purchasing an additional 100 shares during the last quarter. JPL Wealth Management LLC bought a new stake in Datadog during the 3rd quarter valued at approximately $27,000. CoreCap Advisors LLC boosted its stake in Datadog by 1,461.5% during the 4th quarter. CoreCap Advisors LLC now owns 203 shares of the company’s stock valued at $28,000 after purchasing an additional 190 shares during the period. Flagship Harbor Advisors LLC acquired a new stake in Datadog in the 4th quarter valued at approximately $31,000. Finally, NBC Securities Inc. grew its holdings in Datadog by 242.6% in the 4th quarter. NBC Securities Inc. now owns 233 shares of the company’s stock valued at $32,000 after buying an additional 165 shares during the last quarter. 78.29% of the stock is currently owned by institutional investors.

Key Datadog News

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Truist upgraded Datadog to buy and raised its price target to $300, reinforcing the view that the company’s growth outlook still has room to improve. Truist Just Upgraded Datadog Stock. Here’s Why.
• Positive Sentiment: Recent coverage highlighted Datadog’s expanding AI observability, cloud monitoring, and security offerings, which suggests demand is broadening and supporting revenue growth. Datadog (DDOG): AI Observability Push Shows Why Cloud Monitoring Demand Is Broadening
• Positive Sentiment: Datadog’s Dash conference unveiled 100+ new AI and security features, which may strengthen its platform positioning and help support investor confidence in future growth. How Datadog’s Dash AI and Security Expansion Will Impact Datadog (DDOG) Investors
• Neutral Sentiment: Valuation-focused commentary says Datadog looks somewhat expensive after a strong run, which could limit upside enthusiasm in the short term. Datadog (DDOG) Stock Valuation Looks Slightly Rich After Strong Momentum
• Negative Sentiment: Several Datadog insiders, including Director Amit Agarwal and CRO Sean Michael Walters, sold shares under pre-arranged Rule 10b5-1 plans. Although routine, insider selling can still weigh on sentiment. Datadog (NASDAQ:DDOG) Director Sells $4,631,200.00 in Stock

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.