FY2026 Earnings Forecast for Datadog Issued By Scotiabank

Datadog, Inc. (NASDAQ:DDOGFree Report) – Stock analysts at Scotiabank raised their FY2026 earnings estimates for shares of Datadog in a research report issued to clients and investors on Wednesday, August 19th. Scotiabank analyst P. Colville now forecasts that the company will post earnings of $0.70 per share for the year, up from their prior estimate of $0.63. Scotiabank has a “Outperform” rating and a $285.00 price objective on the stock. The consensus estimate for Datadog’s current full-year earnings is $0.70 per share. Scotiabank also issued estimates for Datadog’s FY2027 earnings at $1.01 EPS.

Several other equities analysts have also recently weighed in on the stock. CICC Research increased their price objective on shares of Datadog from $150.00 to $204.00 in a research note on Monday, May 11th. Needham & Company LLC boosted their target price on shares of Datadog from $260.00 to $300.00 and gave the company a “buy” rating in a research report on Friday, August 7th. BMO Capital Markets set a $300.00 target price on shares of Datadog in a report on Friday, August 7th. Truist Financial upgraded shares of Datadog from a “hold” rating to a “buy” rating and increased their price target for the stock from $190.00 to $300.00 in a research report on Monday, June 15th. Finally, Stifel Nicolaus set a $305.00 price target on shares of Datadog in a research note on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $276.32.

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Datadog Stock Down 1.2%

DDOG stock opened at $222.99 on Monday. The business’s 50-day moving average is $249.50 and its two-hundred day moving average is $187.85. The company has a market cap of $80.07 billion, a price-to-earnings ratio of 455.09, a P/E/G ratio of 21.99 and a beta of 1.54. Datadog has a fifty-two week low of $98.01 and a fifty-two week high of $292.72. The company has a debt-to-equity ratio of 0.23, a quick ratio of 3.20 and a current ratio of 3.20.

Datadog (NASDAQ:DDOGGet Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.07. The firm had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.08 billion. Datadog had a return on equity of 5.67% and a net margin of 4.48%.The company’s revenue was up 35.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.46 EPS. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS.

Insider Activity at Datadog

In related news, Director Michael James Callahan sold 112,500 shares of the stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $231.60, for a total value of $26,055,000.00. Following the completion of the sale, the director directly owned 14,996 shares of the company’s stock, valued at approximately $3,473,073.60. This represents a 88.24% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Alexis Le-Quoc sold 53,912 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $271.05, for a total transaction of $14,612,847.60. Following the sale, the chief technology officer owned 531,311 shares in the company, valued at approximately $144,011,846.55. The trade was a 9.21% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 1,427,490 shares of company stock worth $355,565,477 in the last quarter. 6.48% of the stock is currently owned by insiders.

Institutional Trading of Datadog

Institutional investors and hedge funds have recently modified their holdings of the company. EMC Capital Management bought a new position in Datadog in the 2nd quarter worth $28,000. Elevation Wealth Partners LLC raised its holdings in Datadog by 2,700.0% during the second quarter. Elevation Wealth Partners LLC now owns 168 shares of the company’s stock valued at $44,000 after acquiring an additional 162 shares during the period. JPL Wealth Management LLC bought a new stake in Datadog during the third quarter valued at about $27,000. Continuum Advisory LLC purchased a new position in shares of Datadog in the second quarter valued at about $53,000. Finally, NBC Securities Inc. lifted its position in shares of Datadog by 242.6% in the fourth quarter. NBC Securities Inc. now owns 233 shares of the company’s stock valued at $32,000 after acquiring an additional 165 shares in the last quarter. 78.29% of the stock is currently owned by institutional investors.

About Datadog

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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.

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Earnings History and Estimates for Datadog (NASDAQ:DDOG)

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