Analysts Set Datadog, Inc. (NASDAQ:DDOG) Target Price at $276.32

Shares of Datadog, Inc. (NASDAQ:DDOG) have been given a consensus rating of “Moderate Buy” by the forty-five brokerages that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, five have given a hold rating, thirty-eight have issued a buy rating and one has given a strong buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $276.3182.

DDOG has been the topic of several research analyst reports. KeyCorp boosted their price objective on Datadog from $225.00 to $320.00 and gave the company an “overweight” rating in a research report on Thursday, July 16th. Citizens Jmp increased their target price on Datadog from $225.00 to $311.00 and gave the stock a “market outperform” rating in a research report on Monday, July 20th. Oppenheimer lifted their target price on Datadog from $220.00 to $300.00 and gave the company an “outperform” rating in a research note on Monday, July 20th. New Street Research set a $260.00 price target on Datadog in a report on Thursday, June 11th. Finally, Arete Research upped their price target on Datadog from $260.00 to $340.00 and gave the stock a “buy” rating in a research note on Tuesday, June 23rd.

Datadog Stock Down 0.4%

NASDAQ DDOG opened at $232.55 on Tuesday. Datadog has a 52 week low of $98.01 and a 52 week high of $292.72. The company has a quick ratio of 3.20, a current ratio of 3.20 and a debt-to-equity ratio of 0.23. The company has a market capitalization of $83.50 billion, a P/E ratio of 474.60, a price-to-earnings-growth ratio of 22.92 and a beta of 1.54. The stock’s 50-day moving average price is $249.69 and its 200-day moving average price is $185.59.

Datadog (NASDAQ:DDOG) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.58 by $0.07. The firm had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.08 billion. Datadog had a net margin of 4.48% and a return on equity of 5.67%. The company’s revenue for the quarter was up 35.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.46 earnings per share. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. On average, equities research analysts predict that Datadog will post 0.7 earnings per share for the current year.

Insider Transactions at Datadog

In related news, CFO David M. Obstler sold 75,000 shares of the business’s stock in a transaction on Monday, June 8th. The shares were sold at an average price of $231.69, for a total value of $17,376,750.00. Following the sale, the chief financial officer owned 434,591 shares in the company, valued at approximately $100,690,388.79. The trade was a 14.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Michael James Callahan sold 112,500 shares of the business’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $231.60, for a total transaction of $26,055,000.00. Following the completion of the sale, the director owned 14,996 shares in the company, valued at approximately $3,473,073.60. This trade represents a 88.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,465,134 shares of company stock valued at $363,421,509 in the last 90 days. Company insiders own 6.48% of the company’s stock.

Hedge Funds Weigh In On Datadog

Large investors have recently modified their holdings of the stock. Nomura Asset Management Co. Ltd. raised its position in Datadog by 8.0% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 152,674 shares of the company’s stock valued at $20,762,000 after purchasing an additional 11,348 shares during the period. Norges Bank purchased a new position in shares of Datadog during the fourth quarter worth $469,461,000. MUFG Securities EMEA plc boosted its position in shares of Datadog by 115.6% during the fourth quarter. MUFG Securities EMEA plc now owns 13,342 shares of the company’s stock worth $1,814,000 after buying an additional 7,154 shares during the period. BNP Paribas grew its stake in shares of Datadog by 18.4% in the fourth quarter. BNP Paribas now owns 41,280 shares of the company’s stock valued at $5,614,000 after buying an additional 6,403 shares in the last quarter. Finally, Crossmark Global Holdings Inc. grew its stake in shares of Datadog by 90.1% in the fourth quarter. Crossmark Global Holdings Inc. now owns 9,967 shares of the company’s stock valued at $1,355,000 after buying an additional 4,723 shares in the last quarter. Institutional investors own 78.29% of the company’s 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.