Datadog, Inc. (NASDAQ:DDOG) Receives $153.10 Average PT from Analysts

Shares of Datadog, Inc. (NASDAQ:DDOG) have been given an average rating of “Moderate Buy” by the thirty-one analysts that are currently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and twenty-five have given a buy rating to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $156.6897.

A number of research analysts have weighed in on the stock. Citigroup raised their price objective on shares of Datadog from $165.00 to $170.00 and gave the company a “buy” rating in a research note on Monday, August 18th. Bank of America boosted their price target on shares of Datadog from $150.00 to $175.00 and gave the stock a “buy” rating in a report on Monday, July 7th. BMO Capital Markets increased their price objective on shares of Datadog from $150.00 to $154.00 and gave the company an “outperform” rating in a research note on Monday, September 29th. Stifel Nicolaus increased their price objective on shares of Datadog from $120.00 to $135.00 and gave the company a “hold” rating in a research note on Thursday, June 26th. Finally, Canaccord Genuity Group increased their price objective on shares of Datadog from $145.00 to $160.00 and gave the company a “buy” rating in a research note on Friday, August 8th.

Datadog Stock Up 0.2%

Datadog stock opened at $151.82 on Friday. Datadog has a 1-year low of $81.63 and a 1-year high of $170.08. The firm has a market capitalization of $52.95 billion, a price-to-earnings ratio of 433.78, a price-to-earnings-growth ratio of 59.30 and a beta of 1.21. The firm’s fifty day moving average price is $136.59 and its two-hundred day moving average price is $123.39. The company has a current ratio of 3.43, a quick ratio of 3.43 and a debt-to-equity ratio of 0.31.

Datadog (NASDAQ:DDOG) last released its quarterly earnings data on Thursday, August 7th. The company reported $0.46 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.05. Datadog had a net margin of 4.13% and a return on equity of 5.04%. The firm had revenue of $826.76 million for the quarter, compared to analyst estimates of $791.72 million. During the same period last year, the firm earned $0.43 earnings per share. The business’s quarterly revenue was up 28.1% compared to the same quarter last year. Datadog has set its Q3 2025 guidance at 0.440-0.460 EPS. FY 2025 guidance at 1.800-1.830 EPS. On average, equities research analysts predict that Datadog will post 0.34 earnings per share for the current fiscal year.

Insider Buying and Selling at Datadog

In other Datadog news, Director Amit Agarwal sold 45,444 shares of Datadog stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $150.08, for a total value of $6,820,235.52. Following the sale, the director owned 1,640 shares of the company’s stock, valued at approximately $246,131.20. The trade was a 96.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CTO Alexis Le-Quoc sold 55,352 shares of Datadog stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $133.83, for a total transaction of $7,407,758.16. Following the completion of the sale, the chief technology officer directly owned 438,885 shares in the company, valued at approximately $58,735,979.55. This represents a 11.20% decrease in their position. The disclosure for this sale can be found here. Insiders sold 1,384,618 shares of company stock worth $183,444,843 in the last quarter. 8.70% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Datadog

Hedge funds have recently modified their holdings of the stock. OVERSEA CHINESE BANKING Corp Ltd raised its holdings in shares of Datadog by 887.0% in the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 25,199 shares of the company’s stock worth $25,000 after purchasing an additional 22,646 shares during the period. Cornerstone Planning Group LLC raised its holdings in shares of Datadog by 96.9% in the 1st quarter. Cornerstone Planning Group LLC now owns 313 shares of the company’s stock worth $30,000 after purchasing an additional 154 shares during the period. Costello Asset Management INC bought a new stake in shares of Datadog in the 1st quarter worth approximately $30,000. Opal Wealth Advisors LLC bought a new stake in shares of Datadog in the 1st quarter worth approximately $37,000. Finally, Center for Financial Planning Inc. raised its holdings in shares of Datadog by 1,189.7% in the 1st quarter. Center for Financial Planning Inc. now owns 374 shares of the company’s stock worth $37,000 after purchasing an additional 345 shares during the period. Institutional investors own 78.29% of the company’s stock.

About Datadog

Datadog, Inc operates an observability and security platform for cloud applications in North America and internationally. The company's products comprise infrastructure and application performance monitoring, log management, digital experience monitoring, continuous profiler, database monitoring, data streams and universal service monitoring, network monitoring, incident management, workflow automation, observability pipelines, cloud cost and cloud security management, application security management, cloud SIEM, sensitive data scanner, and CI visibility.