Brokerages Set Datadog, Inc. (NASDAQ:DDOG) PT at $276.66

Shares of Datadog, Inc. (NASDAQ:DDOG) have been assigned an average recommendation of “Moderate Buy” from the forty-five research firms that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, four have given a hold rating, thirty-eight have given a buy rating and two have given a strong buy rating to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $276.6591.

DDOG has been the subject of a number of research analyst reports. Canaccord Genuity Group boosted their price target on Datadog from $250.00 to $295.00 and gave the stock a “buy” rating in a report on Tuesday, August 4th. Wedbush started coverage on Datadog in a research note on Friday, September 11th. They issued an “outperform” rating and a $275.00 price objective on the stock. Raymond James Financial reiterated an “outperform” rating and issued a $280.00 target price on shares of Datadog in a research report on Thursday, August 6th. Guggenheim boosted their target price on Datadog from $225.00 to $300.00 and gave the stock a “buy” rating in a research note on Wednesday, July 22nd. Finally, Capital One Financial increased their target price on shares of Datadog from $217.00 to $268.00 and gave the stock an “overweight” rating in a report on Wednesday, June 17th.

Insider Activity at Datadog

In related news, insider Yanbing Li sold 12,700 shares of the stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of $221.26, for a total value of $2,810,002.00. Following the completion of the transaction, the insider owned 250,446 shares of the company’s stock, valued at $55,413,681.96. This represents a 4.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Kerry Acocella sold 5,280 shares of the stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $228.85, for a total transaction of $1,208,328.00. Following the completion of the transaction, the general counsel directly owned 115,243 shares of the company’s stock, valued at approximately $26,373,360.55. The trade was a 4.38% 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 sold a total of 1,060,988 shares of company stock worth $256,761,957 in the last ninety days. Insiders own 6.48% of the company’s stock.

Institutional Investors Weigh In On Datadog

Hedge funds and other institutional investors have recently bought and sold shares of the company. Geode Capital Management LLC boosted its stake in shares of Datadog by 2.2% during the fourth quarter. Geode Capital Management LLC now owns 9,056,086 shares of the company’s stock valued at $1,227,184,000 after purchasing an additional 197,816 shares in the last quarter. Janus Henderson Group PLC raised its holdings in Datadog by 22.8% in the 1st quarter. Janus Henderson Group PLC now owns 7,749,569 shares of the company’s stock valued at $905,570,000 after buying an additional 1,439,082 shares during the last quarter. First Trust Advisors LP raised its holdings in Datadog by 81.5% in the 1st quarter. First Trust Advisors LP now owns 3,685,562 shares of the company’s stock valued at $435,081,000 after buying an additional 1,654,429 shares during the last quarter. Norges Bank acquired a new stake in Datadog during the 4th quarter worth approximately $469,461,000. Finally, Bank of New York Mellon Corp boosted its position in Datadog by 30.3% during the 1st quarter. Bank of New York Mellon Corp now owns 2,645,827 shares of the company’s stock worth $312,340,000 after buying an additional 615,090 shares during the period. Institutional investors own 78.29% of the company’s stock.

Datadog Price Performance

Shares of NASDAQ:DDOG opened at $229.92 on Friday. The firm has a 50 day moving average of $242.73 and a 200-day moving average of $200.95. Datadog has a 12 month low of $98.01 and a 12 month high of $292.72. The company has a current ratio of 3.20, a quick ratio of 3.20 and a debt-to-equity ratio of 0.23. The stock has a market capitalization of $82.56 billion, a PE ratio of 469.23, a PEG ratio of 23.03 and a beta of 1.49.

Datadog (NASDAQ:DDOG) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.58 by $0.07. Datadog had a net margin of 4.48% and a return on equity of 5.67%. The business had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.08 billion. During the same period last year, the firm posted $0.46 earnings per share. The firm’s quarterly revenue was up 35.6% compared to the same quarter last year. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. On average, equities research analysts predict that Datadog will post 0.7 EPS for the current fiscal year.

Datadog Company Profile

Datadog, Inc (NASDAQ:DDOG) is a cloud-based software company that provides monitoring, observability, security and analytics tools for modern applications and information technology environments. Its platform helps organizations collect, correlate and analyze data from servers, databases, applications, containers, networks and cloud services in a unified environment.

The company’s products include infrastructure monitoring, application performance monitoring, log management, real user and synthetic monitoring, database monitoring, cloud security, software delivery tools, incident management and cloud cost management.