Dynatrace (NYSE:DT) Price Target Raised to $65.00

Dynatrace (NYSE:DT) had its target price boosted by Citigroup from $62.00 to $65.00 in a report published on Tuesday morning,Benzinga reports. They currently have a buy rating on the stock.

Other equities analysts also recently issued research reports about the company. William Blair initiated coverage on Dynatrace in a research report on Thursday, May 21st. They issued an “outperform” rating for the company. UBS Group increased their target price on Dynatrace from $60.00 to $65.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Oppenheimer raised their target price on Dynatrace from $45.00 to $55.00 and gave the company an “outperform” rating in a research note on Monday, July 20th. JPMorgan Chase & Co. cut their price target on Dynatrace from $50.00 to $45.00 and set an “overweight” rating for the company in a report on Thursday, May 14th. Finally, Zacks Research downgraded shares of Dynatrace from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 11th. Twenty-two investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $54.54.

Dynatrace Trading Down 0.9%

NYSE DT opened at $49.14 on Tuesday. The firm has a market cap of $14.20 billion, a price-to-earnings ratio of 98.28, a PEG ratio of 2.98 and a beta of 0.72. The company has a 50 day moving average of $44.77 and a 200-day moving average of $40.19. Dynatrace has a 1-year low of $31.64 and a 1-year high of $53.28.

Dynatrace (NYSE:DT) last posted its earnings results on Wednesday, August 5th. The company reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.03. The company had revenue of $554.55 million during the quarter, compared to analysts’ expectations of $550.01 million. Dynatrace had a net margin of 7.22% and a return on equity of 11.07%. Dynatrace’s quarterly revenue was up 16.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.42 earnings per share. Dynatrace has set its Q2 2027 guidance at 0.480-0.490 EPS and its FY 2027 guidance at 1.970-1.990 EPS. On average, analysts forecast that Dynatrace will post 1.13 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Brown Lisle Cummings Inc. lifted its stake in shares of Dynatrace by 218.8% during the first quarter. Brown Lisle Cummings Inc. now owns 797 shares of the company’s stock valued at $29,000 after acquiring an additional 547 shares during the period. RHL Group LLC acquired a new stake in Dynatrace in the fourth quarter worth about $30,000. CX Institutional raised its holdings in Dynatrace by 1,119.0% during the 2nd quarter. CX Institutional now owns 707 shares of the company’s stock worth $31,000 after purchasing an additional 649 shares during the last quarter. Larson Financial Group LLC grew its position in shares of Dynatrace by 168.8% during the 4th quarter. Larson Financial Group LLC now owns 809 shares of the company’s stock worth $35,000 after buying an additional 508 shares during the period. Finally, SJS Investment Consulting Inc. grew its position in shares of Dynatrace by 577.2% during the 1st quarter. SJS Investment Consulting Inc. now owns 1,483 shares of the company’s stock worth $55,000 after buying an additional 1,264 shares during the period. Institutional investors and hedge funds own 94.28% of the company’s stock.

About Dynatrace

Dynatrace is a global software intelligence company specializing in application performance management (APM), cloud infrastructure monitoring, and digital experience management. Its flagship offering, the Dynatrace Software Intelligence Platform, leverages artificial intelligence to provide real-time observability across distributed environments, including on-premises data centers, private clouds, public clouds and hybrid deployments. Organizations rely on Dynatrace to detect anomalies, troubleshoot performance issues and optimize end-user experiences through automated root-cause analysis powered by the company’s engine, Davis.

The Dynatrace platform comprises modules for full-stack application monitoring, digital experience monitoring, infrastructure monitoring and business analytics.