Datadog, Inc. (NASDAQ:DDOG) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Datadog, Inc. (NASDAQ:DDOGGet Free Report) have earned an average rating of “Moderate Buy” from the forty-four analysts that are covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, one has given a hold recommendation, forty have given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $219.6905.

Several analysts have recently weighed in on the company. Sanford C. Bernstein upped their price objective on Datadog from $167.00 to $180.00 and gave the company an “outperform” rating in a report on Friday, May 8th. Canaccord Genuity Group set a $225.00 price objective on shares of Datadog in a research report on Friday, May 8th. Guggenheim raised their price objective on shares of Datadog from $175.00 to $225.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. UBS Group raised their price objective on shares of Datadog from $195.00 to $220.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Finally, DA Davidson set a $250.00 price objective on shares of Datadog in a research report on Friday, May 22nd.

Check Out Our Latest Analysis on DDOG

Insider Activity

In other news, CTO Alexis Le-Quoc sold 53,912 shares of the firm’s stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $125.49, for a total transaction of $6,765,416.88. Following the completion of the transaction, the chief technology officer owned 437,257 shares in the company, valued at approximately $54,871,380.93. This trade represents a 10.98% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Olivier Pomel sold 127,141 shares of the firm’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $199.84, for a total transaction 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 trade represents a 13.21% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 923,616 shares of company stock worth $155,773,338. Corporate insiders own 6.48% of the company’s stock.

Hedge Funds Weigh In On Datadog

Several large investors have recently made changes to their positions in DDOG. Brighton Jones LLC bought a new position in shares of Datadog during the 4th quarter valued at about $209,000. Bison Wealth LLC acquired a new position in shares of Datadog in the fourth quarter worth about $228,000. Empowered Funds LLC boosted its holdings in shares of Datadog by 7.0% in the first quarter. Empowered Funds LLC now owns 10,313 shares of the company’s stock worth $1,023,000 after buying an additional 672 shares during the period. Geneos Wealth Management Inc. boosted its holdings in shares of Datadog by 17.6% in the first quarter. Geneos Wealth Management Inc. now owns 769 shares of the company’s stock worth $76,000 after buying an additional 115 shares during the period. Finally, Sivia Capital Partners LLC acquired a new position in shares of Datadog in the second quarter worth about $509,000. Institutional investors own 78.29% of the company’s stock.

Datadog Stock Performance

Shares of DDOG opened at $250.33 on Thursday. The firm has a 50-day moving average price of $162.46 and a 200 day moving average price of $144.24. The firm has a market capitalization of $89.11 billion, a PE ratio of 658.78, a P/E/G ratio of 28.82 and a beta of 1.56. The company has a quick ratio of 3.40, a current ratio of 3.40 and a debt-to-equity ratio of 0.25. Datadog has a 52-week low of $98.01 and a 52-week high of $278.70.

Datadog (NASDAQ:DDOGGet Free Report) last announced its earnings results on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.51 by $0.09. The firm had revenue of $1.01 billion during the quarter, compared to analyst estimates of $960.12 million. Datadog had a net margin of 3.69% and a return on equity of 4.83%. Datadog’s revenue was up 32.1% compared to the same quarter last year. During the same quarter in the prior 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. On average, sell-side analysts anticipate that Datadog will post 0.61 earnings per share for the current fiscal year.

About Datadog

(Get Free Report)

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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