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

Datadog (NASDAQ:DDOG) had its price objective increased by equities research analysts at Scotiabank from $225.00 to $275.00 in a research report issued to clients and investors on Thursday,MarketScreener reports. Scotiabank’s price target suggests a potential upside of 25.81% from the company’s current price.

Other equities analysts have also issued reports about the stock. Piper Sandler restated an “overweight” rating and set a $275.00 price target (up from $230.00) on shares of Datadog in a research report on Wednesday, June 10th. Guggenheim raised their target price on shares of Datadog from $175.00 to $225.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Royal Bank Of Canada restated an “outperform” rating and set a $250.00 target price on shares of Datadog in a report on Wednesday, June 10th. Raymond James Financial upped their price target on Datadog from $170.00 to $220.00 in a research report on Thursday, May 7th. Finally, Truist Financial raised Datadog from a “hold” rating to a “buy” rating and increased their price target for the company from $190.00 to $300.00 in a report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Datadog currently has a consensus rating of “Moderate Buy” and an average target price of $239.48.

Datadog Price Performance

Shares of DDOG traded down $8.04 during trading hours on Thursday, hitting $218.59. 1,231,670 shares of the stock were exchanged, compared to its average volume of 5,868,835. The stock’s 50-day moving average price is $184.96 and its two-hundred day moving average price is $148.81. Datadog has a 12-month low of $98.01 and a 12-month high of $278.70. The company has a debt-to-equity ratio of 0.25, a quick ratio of 3.40 and a current ratio of 3.40. The company has a market cap of $77.81 billion, a price-to-earnings ratio of 574.77, a price-to-earnings-growth ratio of 24.75 and a beta of 1.56.

Datadog (NASDAQ:DDOG) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.60 earnings per share for the quarter, beating analysts’ consensus estimates of $0.51 by $0.09. Datadog had a return on equity of 4.83% and a net margin of 3.69%.The company had revenue of $1.01 billion for the quarter, compared to analyst estimates of $960.12 million. During the same quarter last year, the firm posted $0.46 EPS. The firm’s revenue for the quarter was up 32.1% on a year-over-year basis. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. Research analysts expect that Datadog will post 0.61 earnings per share for the current year.

Insider Transactions at Datadog

In other news, CFO David M. Obstler sold 75,000 shares of the company’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $231.69, for a total value of $17,376,750.00. Following the transaction, the chief financial officer owned 434,591 shares of the company’s stock, valued at $100,690,388.79. This represents a 14.72% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Olivier Pomel sold 127,141 shares of the stock in a transaction on Monday, May 11th. The stock was sold at an average price of $199.84, for a total value of $25,407,857.44. Following the transaction, the chief executive officer owned 835,679 shares of the company’s stock, valued at approximately $167,002,091.36. This represents a 13.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,359,860 shares of company stock valued at $279,385,577 in the last ninety days. 6.48% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of DDOG. Brighton Jones LLC acquired a new stake in shares of Datadog during the fourth quarter valued at about $209,000. Bison Wealth LLC acquired a new position in shares of Datadog in the 4th quarter worth approximately $228,000. Empowered Funds LLC lifted its holdings in shares of Datadog by 7.0% in the 1st quarter. Empowered Funds LLC now owns 10,313 shares of the company’s stock worth $1,023,000 after acquiring an additional 672 shares during the last quarter. Geneos Wealth Management Inc. boosted its position in shares of Datadog by 17.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 769 shares of the company’s stock worth $76,000 after purchasing an additional 115 shares during the period. Finally, Sivia Capital Partners LLC acquired a new stake in Datadog in the 2nd quarter valued at approximately $509,000. Institutional investors and hedge funds own 78.29% of the company’s stock.

Datadog Company Profile

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.