Datadog (NASDAQ:DDOG) Reaches New 1-Year High – Here’s What Happened

Datadog, Inc. (NASDAQ:DDOGGet Free Report)’s share price hit a new 52-week high on Tuesday . The stock traded as high as $215.20 and last traded at $211.6090, with a volume of 844499 shares trading hands. The stock had previously closed at $208.82.

Analyst Ratings Changes

Several brokerages have recently weighed in on DDOG. Rosenblatt Securities lifted their target price on shares of Datadog from $178.00 to $220.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Guggenheim lifted their target price 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. Benchmark restated a “buy” rating on shares of Datadog in a research report on Thursday, May 7th. Rothschild & Co Redburn started coverage on shares of Datadog in a research report on Thursday, April 23rd. They issued a “buy” rating and a $170.00 price target on the stock. Finally, Robert W. Baird set a $210.00 price target on shares of Datadog in a research report on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Datadog has an average rating of “Moderate Buy” and a consensus target price of $213.38.

Check Out Our Latest Analysis on DDOG

Datadog Price Performance

The stock’s 50-day moving average price is $136.91 and its 200-day moving average price is $139.32. The company has a market capitalization of $75.13 billion, a price-to-earnings ratio of 557.03, a price-to-earnings-growth ratio of 67.54 and a beta of 1.30. 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 (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, topping analysts’ consensus estimates of $0.51 by $0.09. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The company had revenue of $1.01 billion for the quarter, compared to analyst estimates of $960.12 million. During the same period in the prior year, the business earned $0.46 earnings per share. Datadog’s quarterly revenue was up 32.1% on a year-over-year basis. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. Equities research analysts anticipate that Datadog, Inc. will post 0.35 earnings per share for the current year.

Insider Transactions at Datadog

In related news, Director Matthew Jacobson sold 52,832 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $189.28, for a total transaction of $10,000,040.96. Following the completion of the sale, the director directly owned 622,726 shares of the company’s stock, valued at $117,869,577.28. The trade was a 7.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO Olivier Pomel sold 127,141 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $199.84, for a total transaction of $25,407,857.44. Following the sale, the chief executive officer directly 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 ownership of the stock. 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. Over the last three months, insiders have sold 842,739 shares of company stock worth $121,023,123. Corporate insiders own 6.48% of the company’s stock.

Institutional Investors Weigh In On Datadog

A number of institutional investors and hedge funds have recently modified their holdings of DDOG. Brighton Jones LLC bought a new stake in shares of Datadog during the fourth quarter worth approximately $209,000. Bison Wealth LLC bought a new stake in shares of Datadog during the fourth quarter worth approximately $228,000. Empowered Funds LLC raised its stake in shares of Datadog by 7.0% during 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 last quarter. Geneos Wealth Management Inc. raised its stake in shares of Datadog by 17.6% during 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 last quarter. Finally, Sivia Capital Partners LLC bought a new stake in shares of Datadog during the second quarter worth approximately $509,000. 78.29% of the stock is owned by institutional investors.

Datadog Company Profile

(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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