Scotiabank Raises Datadog (NASDAQ:DDOG) Price Target to $225.00

Datadog (NASDAQ:DDOG) had its target price raised by investment analysts at Scotiabank from $160.00 to $225.00 in a report released on Thursday,MarketScreener reports. Scotiabank’s target price would suggest a potential upside of 12.41% from the company’s previous close.

Several other equities research analysts have also issued reports on the company. Canadian Imperial Bank of Commerce dropped their price target on Datadog from $240.00 to $215.00 and set an “outperformer” rating for the company in a research note on Monday, April 20th. Jefferies Financial Group set a $210.00 price target on Datadog and gave the stock a “buy” rating in a research note on Thursday. Sanford C. Bernstein dropped their price target on Datadog from $180.00 to $167.00 and set an “outperform” rating for the company in a research note on Wednesday, April 22nd. Royal Bank Of Canada dropped their price target on Datadog from $175.00 to $150.00 and set an “outperform” rating for the company in a research note on Monday, February 9th. Finally, Oppenheimer lifted their price target on Datadog from $200.00 to $220.00 in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, one has given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $211.76.

Datadog Trading Up 6.1%

Shares of DDOG stock opened at $200.16 on Thursday. The company has a quick ratio of 3.38, a current ratio of 3.40 and a debt-to-equity ratio of 0.25. The business has a 50-day moving average price of $124.41 and a two-hundred day moving average price of $136.98. Datadog has a 12-month low of $98.01 and a 12-month high of $201.69. The firm has a market cap of $70.57 billion, a P/E ratio of 526.75, a price-to-earnings-growth ratio of 68.31 and a beta of 1.30.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.09. Datadog had a return on equity of 4.83% and a net margin of 3.69%.The firm had revenue of $1.01 billion during the quarter, compared to analyst estimates of $960.12 million. During the same quarter in the previous year, the company posted $0.46 earnings per share. The company’s revenue was up 32.1% compared to the same quarter last year. 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 anticipate that Datadog will post 0.32 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CRO Sean Michael Walters sold 1,914 shares of the business’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $150.00, for a total value of $287,100.00. Following the completion of the sale, the executive owned 291,267 shares of the company’s stock, valued at approximately $43,690,050. The trade was a 0.65% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Julie Richardson sold 502 shares of the business’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $150.00, for a total value of $75,300.00. Following the completion of the sale, the director directly owned 4,168 shares of the company’s stock, valued at approximately $625,200. This trade represents a 10.75% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 654,018 shares of company stock worth $80,903,197 in the last 90 days. 6.67% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Datadog

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. lifted its stake in shares of Datadog by 30.3% in the 3rd quarter. Vanguard Group Inc. now owns 41,902,227 shares of the company’s stock valued at $5,966,877,000 after acquiring an additional 9,748,738 shares during the last quarter. Price T Rowe Associates Inc. MD increased its holdings in Datadog by 7.1% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 14,423,814 shares of the company’s stock valued at $1,961,496,000 after purchasing an additional 956,993 shares during the period. State Street Corp increased its holdings in 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 during the period. Geode Capital Management LLC increased its holdings in Datadog by 2.2% during the 4th 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 during the period. Finally, Jennison Associates LLC increased its holdings in Datadog by 43.7% during the 4th quarter. Jennison Associates LLC now owns 7,623,993 shares of the company’s stock valued at $1,036,787,000 after purchasing an additional 2,316,994 shares during the period. Institutional investors own 78.29% of the company’s stock.

Datadog News Roundup

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Datadog delivered a beat-and-raise quarter, with Q1 revenue of about $1.01 billion and EPS of $0.60 both ahead of estimates, while management lifted FY 2026 and Q2 guidance well above consensus. Datadog Q1 2026 Financial Results
• Positive Sentiment: Several major Wall Street firms raised price targets after the results, including Citigroup, RBC, Piper Sandler, Wedbush, TD Cowen, Morgan Stanley, Mizuho, and others, reinforcing the bullish case and supporting the stock’s rally. Analyst price target hikes
• Positive Sentiment: Management highlighted strong demand across AI-native and non-AI customers, plus growth in larger customers and new product launches, which suggests the growth story is broadening beyond one-time earnings strength. RBC commentary on Datadog
• Neutral Sentiment: Heavy call-option buying and elevated trading volume indicate strong short-term momentum, but some of the move may be trader-driven and could increase volatility. Options activity report
• Negative Sentiment: Several insiders, including the CTO, general counsel, and a director, sold shares in pre-arranged 10b5-1 transactions, which may temper enthusiasm for some investors even though the sales were scheduled in advance. SEC filing for insider sale

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.