Analysts Set Datadog, Inc. (NASDAQ:DDOG) Target Price at $261.68

Datadog, Inc. (NASDAQ:DDOG) has been assigned an average recommendation of “Moderate Buy” from the forty-six ratings firms that are currently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, five have assigned a hold rating, thirty-eight have given a buy rating and two have assigned a strong buy rating to the company. The average 12-month target price among brokers that have covered the stock in the last year is $261.6818.

A number of research firms have recently commented on DDOG. Canaccord Genuity Group boosted their price objective on Datadog from $225.00 to $250.00 and gave the stock a “buy” rating in a research note on Wednesday, June 10th. Citizens Jmp increased their target price on shares of Datadog from $225.00 to $311.00 and gave the company a “market outperform” rating in a research note on Monday, July 20th. Truist Financial upgraded shares of Datadog from a “hold” rating to a “buy” rating and raised their target price for the stock from $190.00 to $300.00 in a report on Monday, June 15th. New Street Research set a $260.00 price target on shares of Datadog in a research report on Thursday, June 11th. Finally, Canadian Imperial Bank of Commerce raised their price objective on Datadog from $250.00 to $280.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 10th.

Datadog Stock Performance

NASDAQ:DDOG opened at $246.86 on Friday. Datadog has a 1 year low of $98.01 and a 1 year high of $278.70. The stock has a market cap of $87.87 billion, a price-to-earnings ratio of 649.65, a PEG ratio of 25.10 and a beta of 1.54. The business has a fifty day moving average of $241.40 and a 200-day moving average of $168.80. 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 issued its quarterly earnings data on Thursday, May 7th. The company reported $0.60 earnings per share for the quarter, beating analysts’ consensus estimates of $0.51 by $0.09. The business had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $960.12 million. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The company’s revenue was up 32.1% on a year-over-year basis. During the same period 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. Equities analysts predict that Datadog will post 0.64 earnings per share for the current year.

Insider Activity

In other Datadog news, General Counsel Kerry Acocella sold 5,371 shares of Datadog stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $233.91, for a total transaction of $1,256,330.61. Following the transaction, the general counsel directly owned 127,866 shares in the company, valued at approximately $29,909,136.06. The trade was a 4.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Olivier Pomel sold 84,698 shares of the business’s stock in a transaction on 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 in the company, valued at approximately $142,341,128.10. This trade represents a 12.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 1,376,309 shares of company stock worth $315,082,602. 6.48% of the stock is owned by company insiders.

Institutional Trading of Datadog

Several institutional investors have recently made changes to their positions in the stock. State Street Corp raised its holdings in shares of Datadog by 106.8% during the 3rd 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 bought a new stake in Datadog during the fourth quarter worth approximately $469,461,000. Jennison Associates LLC boosted its position 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 period. Invesco Ltd. grew its holdings in Datadog by 119.2% during the third quarter. Invesco Ltd. now owns 4,075,721 shares of the company’s stock valued at $580,383,000 after purchasing an additional 2,216,402 shares during the last quarter. Finally, Employees Provident Fund Board acquired a new position in Datadog during the fourth quarter valued at approximately $251,582,000. 78.29% of the stock is currently 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.