Datadog, Inc. (NASDAQ:DDOG) Receives $180.77 Average Price Target from Analysts

Shares of Datadog, Inc. (NASDAQ:DDOGGet Free Report) have been given a consensus rating of “Moderate Buy” by the forty-three ratings firms that are currently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, three have given a hold recommendation and thirty-eight have issued a buy recommendation on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $179.9487.

Several analysts recently weighed in on the stock. Citizens Jmp reiterated a “market perform” rating on shares of Datadog in a report on Wednesday, February 11th. Moffett Nathanson restated a “buy” rating on shares of Datadog in a research note on Monday, December 29th. Truist Financial lowered their price target on Datadog from $195.00 to $140.00 and set a “hold” rating for the company in a research report on Wednesday, January 7th. Needham & Company LLC cut their price objective on Datadog from $220.00 to $155.00 and set a “buy” rating on the stock in a report on Tuesday, February 10th. Finally, Robert W. Baird set a $180.00 target price on Datadog in a research note on Wednesday, February 11th.

Check Out Our Latest Research Report on Datadog

Datadog Stock Performance

Shares of DDOG stock opened at $126.61 on Wednesday. The company has a debt-to-equity ratio of 0.26, a current ratio of 3.38 and a quick ratio of 3.38. The firm has a market cap of $44.64 billion, a PE ratio of 408.42, a price-to-earnings-growth ratio of 34.80 and a beta of 1.29. The company has a 50-day moving average of $119.97 and a two-hundred day moving average of $138.63. Datadog has a 1-year low of $87.69 and a 1-year high of $201.69.

Datadog (NASDAQ:DDOGGet Free Report) last released its quarterly earnings results on Tuesday, February 10th. The company reported $0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.04. Datadog had a net margin of 3.14% and a return on equity of 4.14%. The business had revenue of $953.19 million for the quarter, compared to the consensus estimate of $916.53 million. During the same period in the previous year, the firm earned $0.49 EPS. The business’s revenue was up 29.2% on a year-over-year basis. Datadog has set its FY 2026 guidance at 2.080-2.160 EPS and its Q1 2026 guidance at 0.490-0.510 EPS. On average, analysts predict that Datadog will post 0.34 EPS for the current year.

Insider Buying and Selling at Datadog

In other news, CRO Sean Michael Walters sold 22,330 shares of the firm’s stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $125.68, for a total value of $2,806,434.40. Following the completion of the transaction, the executive owned 238,384 shares of the company’s stock, valued at approximately $29,960,101.12. This trade represents a 8.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CTO Alexis Le-Quoc sold 53,912 shares of Datadog stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $125.49, for a total transaction of $6,765,416.88. Following the completion of the transaction, the chief technology officer owned 437,257 shares of the company’s stock, valued at $54,871,380.93. This trade represents a 10.98% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 523,833 shares of company stock valued at $63,581,080 in the last three months. 6.67% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Datadog

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DDOG. Vanguard Group Inc. increased its position in shares of Datadog by 30.3% during the third quarter. Vanguard Group Inc. now owns 41,902,227 shares of the company’s stock worth $5,966,877,000 after acquiring an additional 9,748,738 shares during the period. State Street Corp boosted its holdings in Datadog by 106.8% in the third quarter. State Street Corp now owns 13,732,777 shares of the company’s stock valued at $1,955,547,000 after purchasing an additional 7,091,075 shares during the period. Norges Bank acquired a new position in Datadog during the 4th quarter worth $469,461,000. Jennison Associates LLC increased its holdings in Datadog by 43.7% during the 4th quarter. Jennison Associates LLC now owns 7,623,993 shares of the company’s stock worth $1,036,787,000 after purchasing an additional 2,316,994 shares during the period. Finally, Invesco Ltd. increased its holdings in Datadog by 119.2% during the 3rd quarter. Invesco Ltd. now owns 4,075,721 shares of the company’s stock worth $580,383,000 after purchasing an additional 2,216,402 shares during the period. Hedge funds and other institutional investors own 78.29% of the company’s stock.

Datadog Company Profile

(Get Free Report)

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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Analyst Recommendations for Datadog (NASDAQ:DDOG)

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