Dynatrace (NYSE:DT) Stock Price Expected to Rise, BMO Capital Markets Analyst Says

Dynatrace (NYSE:DT) had its price target raised by equities research analysts at BMO Capital Markets from $60.00 to $62.00 in a research report issued on Tuesday, MarketBeat.com reports. The brokerage presently has an “outperform” rating on the stock. BMO Capital Markets’ price target would indicate a potential upside of 16.40% from the company’s previous close.

A number of other equities analysts have also recently commented on the stock. Needham & Company LLC reaffirmed a “hold” rating on shares of Dynatrace in a research note on Thursday, June 25th. Royal Bank Of Canada raised their price objective on shares of Dynatrace from $50.00 to $59.00 and gave the stock an “outperform” rating in a research note on Thursday, August 6th. TD Cowen boosted their target price on Dynatrace from $45.00 to $50.00 and gave the company a “buy” rating in a research report on Wednesday, July 22nd. Rosenblatt Securities reaffirmed a “buy” rating and set a $52.00 target price on shares of Dynatrace in a research note on Tuesday, August 4th. Finally, Weiss Ratings upgraded Dynatrace from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, July 9th. Twenty-two analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Dynatrace has a consensus rating of “Moderate Buy” and a consensus target price of $55.50.

Dynatrace Stock Performance

NYSE:DT opened at $53.26 on Tuesday. The stock’s fifty day moving average is $47.92 and its 200 day moving average is $42.10. Dynatrace has a fifty-two week low of $31.64 and a fifty-two week high of $54.83. The firm has a market capitalization of $15.39 billion, a PE ratio of 106.53, a PEG ratio of 3.21 and a beta of 0.74.

Dynatrace (NYSE:DT) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.48 EPS for the quarter, topping the consensus estimate of $0.45 by $0.03. Dynatrace had a net margin of 7.22% and a return on equity of 11.07%. The company had revenue of $554.55 million during the quarter, compared to analyst estimates of $550.01 million. During the same period in the previous year, the firm earned $0.42 earnings per share. Dynatrace’s quarterly revenue was up 16.3% compared to the same quarter last year. Dynatrace has set its Q2 2027 guidance at 0.480-0.490 EPS and its FY 2027 guidance at 1.970-1.990 EPS. Equities analysts forecast that Dynatrace will post 1.08 EPS for the current year.

Institutional Investors Weigh In On Dynatrace

Large investors have recently added to or reduced their stakes in the stock. Sequoia Financial Advisors LLC increased its position in shares of Dynatrace by 25.2% during the second quarter. Sequoia Financial Advisors LLC now owns 100,563 shares of the company’s stock worth $4,416,000 after acquiring an additional 20,222 shares during the period. Tidal Investments LLC boosted its holdings in shares of Dynatrace by 8.6% in the second quarter. Tidal Investments LLC now owns 65,002 shares of the company’s stock valued at $2,854,000 after purchasing an additional 5,136 shares during the period. Engineers Gate Manager LP grew its stake in Dynatrace by 709.8% in the second quarter. Engineers Gate Manager LP now owns 365,333 shares of the company’s stock worth $16,042,000 after purchasing an additional 320,219 shares in the last quarter. Integrated Wealth Concepts LLC bought a new position in Dynatrace in the second quarter worth approximately $292,000. Finally, NewEdge Advisors LLC increased its holdings in Dynatrace by 116.4% during the 2nd quarter. NewEdge Advisors LLC now owns 31,127 shares of the company’s stock worth $1,367,000 after purchasing an additional 16,746 shares during the period. 94.28% of the stock is owned by hedge funds and other institutional investors.

About Dynatrace

Dynatrace, Inc is a software company that provides an observability and application security platform for organizations operating cloud, hybrid, and multicloud environments. Its platform is designed to help businesses monitor the performance, availability, and security of applications, infrastructure, networks, and user experiences from a unified environment.

The company’s offerings include application performance monitoring, infrastructure and cloud monitoring, log and analytics capabilities, digital experience monitoring, application security, and software delivery insights.