Datadog (NASDAQ:DDOG) Hits New 52-Week High – Should You Buy?

Datadog, Inc. (NASDAQ:DDOG) hit a new 52-week high during trading on Tuesday . The stock traded as high as $215.20 and last traded at $211.6090, with a volume of 844499 shares. The stock had previously closed at $208.82.

Analyst Ratings Changes

Several brokerages have recently commented on DDOG. Rosenblatt Securities lifted their target price on Datadog from $178.00 to $220.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. UBS Group lifted their target price on Datadog from $195.00 to $220.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Truist Financial lifted their target price on Datadog from $120.00 to $190.00 and gave the stock a “hold” rating in a research note on Thursday, May 7th. Piper Sandler lifted their target price on Datadog from $195.00 to $230.00 in a research note on Thursday, May 7th. Finally, Citizens Jmp upgraded Datadog from a “market perform” rating to an “outperform” rating and set a $225.00 target price for the company in a research note on Thursday, May 7th. 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 stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $213.38.

Datadog Stock Performance

The firm has a market capitalization of $75.55 billion, a price-to-earnings ratio of 558.54, a PEG ratio of 68.66 and a beta of 1.30. The company has a fifty day moving average of $140.37 and a two-hundred day moving average of $140.13. The company has a debt-to-equity ratio of 0.25, a quick ratio of 3.40 and a current ratio of 3.40.

Datadog (NASDAQ:DDOG) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.09. The business had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $960.12 million. Datadog had a return on equity of 4.83% and a net margin of 3.69%.The firm’s revenue for the quarter was up 32.1% compared to the same quarter last year. During the same period last year, the firm 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, equities research analysts predict that Datadog, Inc. will post 0.36 earnings per share for the current fiscal year.

Insider Buying and Selling at Datadog

In related news, Director Julie Richardson sold 1,930 shares of Datadog stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $185.82, for a total transaction of $358,632.60. Following the completion of the sale, the director directly owned 2,106 shares of the company’s stock, valued at approximately $391,336.92. This trade represents a 47.82% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Yanbing Li sold 19,834 shares of Datadog stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $197.35, for a total value 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 disclosure for this sale is available in the SEC filing. Insiders sold a total of 885,963 shares of company stock worth $130,015,444 in the last 90 days. Company insiders own 6.48% of the company’s stock.

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. raised its holdings in Datadog by 30.3% in the 3rd quarter. Vanguard Group Inc. now owns 41,902,227 shares of the company’s stock valued at $5,966,877,000 after acquiring an additional 9,748,738 shares in the last quarter. State Street Corp raised its position in Datadog by 106.8% during 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 in the last quarter. Norges Bank acquired a new position in Datadog during the fourth quarter valued at approximately $469,461,000. Jennison Associates LLC lifted its stake in Datadog by 43.7% during the fourth 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 last quarter. Finally, Invesco Ltd. lifted its stake in Datadog by 119.2% during the third 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 last quarter. 78.29% of the stock is owned by institutional investors and hedge funds.

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.