Datadog (NASDAQ:DDOG) Stock Price Expected to Rise, Cantor Fitzgerald Analyst Says

Datadog (NASDAQ:DDOGGet Free Report) had its price target upped by equities researchers at Cantor Fitzgerald from $171.00 to $226.00 in a research report issued to clients and investors on Tuesday,MarketScreener reports. The brokerage currently has an “overweight” rating on the stock. Cantor Fitzgerald’s target price suggests a potential upside of 1.90% from the company’s current price.

DDOG has been the topic of several other research reports. Citigroup raised their price target on shares of Datadog from $175.00 to $218.00 and gave the company a “buy” rating in a report on Friday, May 8th. Royal Bank Of Canada increased their price objective on shares of Datadog from $161.00 to $219.00 and gave the stock an “outperform” rating in a research report on Friday, May 8th. Rothschild & Co Redburn started coverage on shares of Datadog in a report on Thursday, April 23rd. They set a “buy” rating and a $170.00 target price on the stock. Wolfe Research decreased their price target on shares of Datadog from $185.00 to $160.00 and set an “outperform” rating for the company in a research report on Tuesday, February 10th. Finally, Rosenblatt Securities raised their price objective on Datadog from $178.00 to $220.00 and gave the company a “buy” rating in a research report on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, one has given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Datadog currently has a consensus rating of “Moderate Buy” and a consensus price target of $216.81.

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Datadog Trading Down 0.2%

DDOG stock traded down $0.54 during trading on Tuesday, reaching $221.78. 640,799 shares of the stock traded hands, compared to its average volume of 5,824,976. The firm has a market capitalization of $78.94 billion, a PE ratio of 583.65, a P/E/G ratio of 41.66 and a beta of 1.30. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.40 and a quick ratio of 3.40. The business’s 50 day moving average price is $146.07 and its 200-day moving average price is $141.40. Datadog has a 52-week low of $98.01 and a 52-week high of $224.77.

Datadog (NASDAQ:DDOGGet Free Report) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.51 by $0.09. The company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $960.12 million. Datadog had a return on equity of 4.83% and a net margin of 3.69%.The company’s quarterly revenue was up 32.1% compared to the same quarter last year. During the same period last year, the business posted $0.46 EPS. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. As a group, sell-side analysts forecast that Datadog will post 0.61 earnings per share for the current year.

Insider Buying and Selling at Datadog

In other news, insider Yanbing Li sold 19,834 shares of Datadog stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $197.35, for a total transaction of $3,914,239.90. Following the sale, the insider directly owned 285,283 shares of the company’s stock, valued at approximately $56,300,600.05. The trade was a 6.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Julie Richardson sold 1,930 shares of the business’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $185.82, for a total value of $358,632.60. Following the completion of the transaction, the director owned 2,106 shares in the company, valued at approximately $391,336.92. This trade represents a 47.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 885,963 shares of company stock worth $130,015,444. 6.48% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Datadog

A number of institutional investors have recently made changes to their positions in DDOG. Hartford Investment Management Co. bought a new position in Datadog during the third quarter worth $2,689,000. IQ EQ FUND MANAGEMENT IRELAND Ltd increased its stake in Datadog by 134.5% during the third quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 31,142 shares of the company’s stock valued at $4,435,000 after purchasing an additional 17,860 shares during the last quarter. Vanguard Group Inc. increased its stake in Datadog by 30.3% during the third quarter. Vanguard Group Inc. now owns 41,902,227 shares of the company’s stock valued at $5,966,877,000 after purchasing an additional 9,748,738 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its holdings in shares of Datadog by 71.3% during the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 170,310 shares of the company’s stock worth $24,288,000 after purchasing an additional 70,888 shares during the period. Finally, Patton Fund Management Inc. lifted its position in shares of Datadog by 1,964.8% in the 4th quarter. Patton Fund Management Inc. now owns 38,550 shares of the company’s stock worth $5,242,000 after buying an additional 36,683 shares during the last quarter. 78.29% of the stock is owned by institutional investors and hedge funds.

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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Analyst Recommendations for Datadog (NASDAQ:DDOG)

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