Dynatrace (NYSE:DT) Issues Q4 2026 Earnings Guidance

Dynatrace (NYSE:DT) issued an update on its fourth quarter 2026 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 0.380-0.390 for the period, compared to the consensus estimate of 0.300. The company issued revenue guidance of $518.0 million-$523.0 million, compared to the consensus revenue estimate of $514.2 million. Dynatrace also updated its FY 2026 guidance to 1.670-1.690 EPS.

Analyst Upgrades and Downgrades

DT has been the topic of a number of research analyst reports. Scotiabank decreased their price objective on shares of Dynatrace from $60.00 to $47.00 and set a “sector outperform” rating on the stock in a report on Tuesday. Rosenblatt Securities decreased their target price on Dynatrace from $67.00 to $60.00 and set a “buy” rating for the company in a research report on Friday, January 30th. Canaccord Genuity Group set a $50.00 target price on Dynatrace in a report on Tuesday. BMO Capital Markets reduced their price target on shares of Dynatrace from $56.00 to $45.00 and set an “outperform” rating for the company in a report on Monday. Finally, UBS Group decreased their price objective on Dynatrace from $50.00 to $40.00 and set a “neutral” rating for the company in a report on Tuesday. Twenty equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $53.00.

Dynatrace Trading Up 1.6%

DT stock opened at $36.77 on Wednesday. The firm has a market capitalization of $11.09 billion, a PE ratio of 60.28, a PEG ratio of 2.85 and a beta of 0.84. The business’s 50 day simple moving average is $41.62 and its 200 day simple moving average is $46.06. Dynatrace has a 1-year low of $32.83 and a 1-year high of $63.00.

Dynatrace (NYSE:DT) last posted its earnings results on Monday, February 9th. The company reported $0.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.03. Dynatrace had a net margin of 9.55% and a return on equity of 9.75%. The company had revenue of $515.47 million during the quarter, compared to analysts’ expectations of $506.31 million. During the same quarter last year, the company posted $0.37 EPS. Dynatrace’s quarterly revenue was up 18.2% compared to the same quarter last year. Dynatrace has set its FY 2026 guidance at 1.670-1.690 EPS and its Q4 2026 guidance at 0.380-0.390 EPS. As a group, sell-side analysts predict that Dynatrace will post 0.68 EPS for the current fiscal year.

Dynatrace announced that its Board of Directors has initiated a share repurchase program on Monday, February 9th that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the company to buy up to 9.8% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s leadership believes its stock is undervalued.

Insider Activity at Dynatrace

In related news, CAO Daniel S. Yates sold 2,000 shares of the business’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $46.69, for a total value of $93,380.00. Following the completion of the sale, the chief accounting officer directly owned 23,380 shares in the company, valued at $1,091,612.20. The trade was a 7.88% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Dan Zugelder sold 7,505 shares of the company’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $45.27, for a total value of $339,751.35. Following the completion of the transaction, the executive vice president directly owned 8,925 shares in the company, valued at approximately $404,034.75. This represents a 45.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 9,843 shares of company stock worth $448,124 in the last ninety days. 0.57% of the stock is owned by company insiders.

Key Dynatrace News

Here are the key news stories impacting Dynatrace this week:

• Positive Sentiment: Q3 beat and guidance raise — Dynatrace reported stronger-than-expected revenue ($515.5M) and non-GAAP EPS ($0.44) and raised Q4 and FY26 guidance, signaling durable demand and better near-term earnings visibility. Dynatrace Inc (DT) Q3 2026 Earnings Call Highlights: Strong Growth and Strategic Advancements
• Positive Sentiment: $1.0B share repurchase — The board authorized a $1 billion buyback (about 9.8% of shares outstanding). That reduces float, supports EPS and signals management thinks the stock is undervalued. Buybacks also provide an immediate capital-return catalyst. Share Repurchase Program Announced by Dynatrace (NYSE:DT) Board of Directors
• Positive Sentiment: Strong subscription metrics & product momentum — ARR near $1.97B (+~20% Y/Y), net retention ~111%, rapid adoption of Log Management and new agentic AI (Dynatrace Intelligence) plus DevCycle integration position the company to expand wallet share and monetize AI/automation use cases. Dynatrace’s Earnings Win Makes One Thing Clear: This Software Is Essential
• Neutral Sentiment: Industry narrative and valuation debate — Analysts and commentators note DT is growing quickly but trades at a discount to peers (e.g., Datadog). That gap can mean upside if multiples re-rate, but it also keeps returns tied to execution. Dynatrace Is Still Growing Quickly Despite A Conservative Valuation
• Neutral Sentiment: Management tone on AI risk — Management downplayed AI threat to revenue and highlighted AI observability as a growth vector; useful context but dependent on enterprise AI adoption timing. DT Q4 Deep Dive: AI Observability Drives Expansion and Platform Momentum
• Negative Sentiment: Analyst target cuts and mixed ratings — Several firms trimmed price targets (Morgan Stanley, Wells Fargo, Scotiabank, BTIG) even as some keep buy/overweight views (Guggenheim, KeyCorp). Mixed analyst moves add short-term volatility and keep valuation risk visible. Analyst price target moves
• Negative Sentiment: Sector-wide multiple compression — Several commentators point out that cuts to targets are driven largely by sector valuation compression and rate/market sentiment rather than company-specific operational failures, which could cap near-term upside until multiples expand. Dynatrace stock coverage and analyst commentary

Hedge Funds Weigh In On Dynatrace

Several institutional investors and hedge funds have recently modified their holdings of DT. State Street Corp increased its position in Dynatrace by 2.8% during the third quarter. State Street Corp now owns 10,562,363 shares of the company’s stock worth $511,746,000 after acquiring an additional 286,352 shares during the period. Wellington Management Group LLP boosted its holdings in Dynatrace by 719.3% in the 3rd quarter. Wellington Management Group LLP now owns 7,340,127 shares of the company’s stock valued at $355,629,000 after purchasing an additional 6,444,262 shares during the period. Scge Management L.P. acquired a new position in shares of Dynatrace during the 2nd quarter worth approximately $155,858,000. Northern Trust Corp increased its holdings in shares of Dynatrace by 1.4% during the third quarter. Northern Trust Corp now owns 2,822,509 shares of the company’s stock worth $136,751,000 after purchasing an additional 38,148 shares during the period. Finally, Dimensional Fund Advisors LP increased its holdings in shares of Dynatrace by 13.5% during the third quarter. Dimensional Fund Advisors LP now owns 1,748,255 shares of the company’s stock worth $84,718,000 after purchasing an additional 207,708 shares during the period. 94.28% of the stock is currently owned by institutional investors and hedge funds.

About Dynatrace

Dynatrace is a global software intelligence company specializing in application performance management (APM), cloud infrastructure monitoring, and digital experience management. Its flagship offering, the Dynatrace Software Intelligence Platform, leverages artificial intelligence to provide real-time observability across distributed environments, including on-premises data centers, private clouds, public clouds and hybrid deployments. Organizations rely on Dynatrace to detect anomalies, troubleshoot performance issues and optimize end-user experiences through automated root-cause analysis powered by the company’s engine, Davis.

The Dynatrace platform comprises modules for full-stack application monitoring, digital experience monitoring, infrastructure monitoring and business analytics.