Datadog, Inc. (NASDAQ:DDOG) Receives $242.09 Average Target Price from Brokerages

Shares of Datadog, Inc. (NASDAQ:DDOG) have earned an average rating of “Moderate Buy” from the forty-five ratings firms that are presently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, one has issued a hold recommendation, forty-one have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $243.6818.

Several equities research analysts recently commented on DDOG shares. Guggenheim lifted their price objective on Datadog from $175.00 to $225.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Weiss Ratings cut shares of Datadog from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, June 29th. BMO Capital Markets reaffirmed an “outperform” rating and set a $260.00 price target on shares of Datadog in a report on Friday, June 12th. Raymond James Financial lifted their price target on shares of Datadog from $170.00 to $220.00 in a research note on Thursday, May 7th. Finally, Canaccord Genuity Group boosted their price objective on shares of Datadog from $225.00 to $250.00 and gave the company a “buy” rating in a report on Wednesday, June 10th.

Datadog Stock Performance

DDOG stock opened at $260.36 on Monday. The stock’s 50 day simple moving average is $213.66 and its 200 day simple moving average is $156.10. The company has a current ratio of 3.40, a quick ratio of 3.40 and a debt-to-equity ratio of 0.25. Datadog has a 12-month low of $98.01 and a 12-month high of $278.70. The stock has a market capitalization of $92.68 billion, a PE ratio of 685.18, a price-to-earnings-growth ratio of 26.47 and a beta of 1.54.

Datadog (NASDAQ:DDOG) last posted 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 firm 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 company’s revenue was up 32.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.46 earnings per share. 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, research analysts forecast that Datadog will post 0.64 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Datadog news, General Counsel Kerry Acocella sold 5,371 shares of the stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $233.91, for a total value of $1,256,330.61. Following the transaction, the general counsel owned 127,866 shares of the company’s stock, valued at approximately $29,909,136.06. This represents a 4.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Olivier Pomel sold 84,698 shares of the company’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $232.30, for a total transaction of $19,675,345.40. Following the sale, the chief executive officer directly owned 612,747 shares of the company’s stock, valued at $142,341,128.10. The trade was a 12.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 1,435,564 shares of company stock worth $307,665,447 in the last 90 days. Insiders own 6.48% of the company’s stock.

Institutional Trading of Datadog

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. JPL Wealth Management LLC purchased a new position in shares of Datadog during the third quarter valued at about $27,000. CoreCap Advisors LLC raised its position in shares of Datadog by 1,461.5% during the 4th quarter. CoreCap Advisors LLC now owns 203 shares of the company’s stock valued at $28,000 after buying an additional 190 shares in the last quarter. Flagship Harbor Advisors LLC bought a new stake in shares of Datadog in the 4th quarter valued at approximately $31,000. NBC Securities Inc. lifted its holdings in shares of Datadog by 242.6% in the 4th quarter. NBC Securities Inc. now owns 233 shares of the company’s stock worth $32,000 after acquiring an additional 165 shares during the last quarter. Finally, Rothschild Investment LLC lifted its stake in shares of Datadog by 52.5% during the 4th quarter. Rothschild Investment LLC now owns 273 shares of the company’s stock worth $37,000 after acquiring an additional 94 shares during the last quarter. 78.29% of the stock is currently owned by institutional investors.

About Datadog

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.