Brokerages Set Dynatrace, Inc. (NYSE:DT) Target Price at $54.54

Shares of Dynatrace, Inc. (NYSE:DT) have been given a consensus rating of “Moderate Buy” by the thirty brokerages that are covering the company, Marketbeat reports. Eight investment analysts have rated the stock with a hold rating and twenty-two have assigned a buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $54.5385.

Several analysts recently issued reports on DT shares. TD Cowen increased their price objective on Dynatrace from $45.00 to $50.00 and gave the stock a “buy” rating in a report on Wednesday, July 22nd. Cantor Fitzgerald upped their target price on Dynatrace from $37.00 to $47.00 and gave the stock a “neutral” rating in a research report on Monday, August 3rd. Truist Financial raised their price target on Dynatrace from $55.00 to $60.00 and gave the stock a “buy” rating in a research note on Friday, August 14th. Needham & Company LLC reiterated a “hold” rating on shares of Dynatrace in a report on Thursday, June 25th. Finally, Canaccord Genuity Group raised their price objective on shares of Dynatrace from $46.00 to $60.00 and gave the company a “buy” rating in a research report on Thursday, August 6th.

Institutional Investors Weigh In On Dynatrace

Several institutional investors and hedge funds have recently modified their holdings of DT. Pictet Asset Management Holding SA boosted its position in Dynatrace by 7.9% during the first quarter. Pictet Asset Management Holding SA now owns 15,809,223 shares of the company’s stock worth $584,649,000 after purchasing an additional 1,160,690 shares during the period. Wellington Management Group LLP raised its position in shares of Dynatrace by 23.5% in the second quarter. Wellington Management Group LLP now owns 11,528,792 shares of the company’s stock valued at $506,229,000 after purchasing an additional 2,191,497 shares during the period. State Street Corp raised its position in shares of Dynatrace by 1.0% in the fourth quarter. State Street Corp now owns 10,664,357 shares of the company’s stock valued at $462,193,000 after purchasing an additional 101,994 shares during the period. Bank of America Corp DE lifted its stake in shares of Dynatrace by 304.7% in the first quarter. Bank of America Corp DE now owns 9,357,612 shares of the company’s stock worth $346,044,000 after buying an additional 7,045,591 shares during the last quarter. Finally, First Trust Advisors LP boosted its holdings in shares of Dynatrace by 706.8% during the 1st quarter. First Trust Advisors LP now owns 6,801,507 shares of the company’s stock worth $251,520,000 after buying an additional 5,958,505 shares during the period. Institutional investors and hedge funds own 94.28% of the company’s stock.

Dynatrace Price Performance

NYSE:DT opened at $49.18 on Wednesday. The stock has a market cap of $14.21 billion, a PE ratio of 98.36, a price-to-earnings-growth ratio of 2.96 and a beta of 0.72. Dynatrace has a fifty-two week low of $31.64 and a fifty-two week high of $53.28. The stock’s 50-day moving average is $44.93 and its two-hundred day moving average is $40.25.

Dynatrace (NYSE:DT) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.48 EPS for the quarter, topping the consensus estimate of $0.45 by $0.03. The business had revenue of $554.55 million during the quarter, compared to analysts’ expectations of $550.01 million. Dynatrace had a net margin of 7.22% and a return on equity of 11.07%. The firm’s quarterly revenue was up 16.3% compared to the same quarter last year. During the same period last year, the company posted $0.42 earnings per share. Dynatrace has set its Q2 2027 guidance at 0.480-0.490 EPS and its FY 2027 guidance at 1.970-1.990 EPS. On average, equities research analysts anticipate that Dynatrace will post 1.13 earnings per share for the current year.

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.