Dynatrace (NYSE:DT – Get Free Report) issued an update on its third quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.400-0.420 for the period, compared to the consensus earnings per share estimate of 0.330. The company issued revenue guidance of $503.0 million-$508.0 million, compared to the consensus revenue estimate of $501.6 million. Dynatrace also updated its FY 2026 guidance to 1.620-1.640 EPS.
Analysts Set New Price Targets
Several research firms have weighed in on DT. Guggenheim increased their price objective on Dynatrace from $66.00 to $68.00 and gave the stock a “buy” rating in a research report on Thursday, August 7th. Citigroup cut their price objective on shares of Dynatrace from $68.00 to $64.00 and set a “buy” rating for the company in a report on Monday, August 18th. Wells Fargo & Company started coverage on shares of Dynatrace in a report on Tuesday, September 30th. They set an “overweight” rating and a $65.00 target price on the stock. Rosenblatt Securities reiterated a “buy” rating and issued a $67.00 price target on shares of Dynatrace in a research note on Friday, October 31st. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Dynatrace in a research note on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, Dynatrace has an average rating of “Moderate Buy” and an average target price of $63.09.
Read Our Latest Research Report on DT
Dynatrace Stock Performance
Dynatrace (NYSE:DT – Get Free Report) last posted its earnings results on Wednesday, August 6th. The company reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.04. The firm had revenue of $477.35 million for the quarter, compared to analysts’ expectations of $467.39 million. Dynatrace had a net margin of 27.75% and a return on equity of 9.15%. The company’s revenue was up 19.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.33 earnings per share. As a group, sell-side analysts predict that Dynatrace will post 0.68 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other Dynatrace news, CAO Daniel S. Yates sold 2,000 shares of the business’s stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $49.89, for a total transaction of $99,780.00. Following the sale, the chief accounting officer owned 22,555 shares of the company’s stock, valued at approximately $1,125,268.95. The trade was a 8.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Dan Zugelder sold 7,503 shares of the business’s stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $50.00, for a total transaction of $375,150.00. Following the sale, the executive vice president directly owned 1,420 shares in the company, valued at $71,000. The trade was a 84.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 10,602 shares of company stock valued at $529,579. 0.57% of the stock is currently owned by insiders.
Hedge Funds Weigh In On Dynatrace
A number of hedge funds have recently modified their holdings of the business. Advisory Services Network LLC acquired a new position in shares of Dynatrace during the second quarter worth $567,000. Nomura Holdings Inc. acquired a new position in shares of Dynatrace during the second quarter worth $458,000. Ion Asset Management Ltd. lifted its holdings in shares of Dynatrace by 15.4% during the second quarter. Ion Asset Management Ltd. now owns 300,000 shares of the company’s stock worth $16,563,000 after purchasing an additional 40,000 shares during the period. Corient Private Wealth LLC lifted its holdings in shares of Dynatrace by 43.3% during the second quarter. Corient Private Wealth LLC now owns 11,226 shares of the company’s stock worth $620,000 after purchasing an additional 3,392 shares during the period. Finally, Captrust Financial Advisors lifted its holdings in shares of Dynatrace by 24.0% during the second quarter. Captrust Financial Advisors now owns 10,815 shares of the company’s stock worth $597,000 after purchasing an additional 2,091 shares during the period. Institutional investors and hedge funds own 94.28% of the company’s stock.
About Dynatrace
Dynatrace, Inc provides a security platform for multicloud environments in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates Dynatrace, a security platform, which provides application and microservices monitoring, runtime application security, infrastructure monitoring, log management and analytics, digital experience monitoring, digital business analytics, and cloud automation.
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