Datadog (NASDAQ:DDOG) Price Target Raised to $204.00

Datadog (NASDAQ:DDOG) had its price target upped by CICC Research from $150.00 to $204.00 in a research report issued to clients and investors on Monday,MarketScreener reports. CICC Research’s target price would suggest a potential upside of 1.78% from the stock’s current price.

A number of other equities analysts also recently weighed in on the company. Oppenheimer upped their target price on Datadog from $200.00 to $220.00 in a report on Thursday. Daiwa Securities Group started coverage on shares of Datadog in a research report on Tuesday, January 27th. They set a “buy” rating and a $190.00 price objective on the stock. Needham & Company LLC increased their target price on shares of Datadog from $155.00 to $225.00 and gave the stock a “buy” rating in a research report on Friday. Monness Crespi & Hardt upped their price target on shares of Datadog from $255.00 to $270.00 in a research note on Thursday. Finally, Truist Financial lifted their price objective on Datadog from $120.00 to $190.00 and gave the company a “hold” rating in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Datadog presently has an average rating of “Moderate Buy” and a consensus price target of $211.57.

Datadog Price Performance

DDOG opened at $200.44 on Monday. The firm has a market capitalization of $70.67 billion, a P/E ratio of 522.64, a PEG ratio of 72.45 and a beta of 1.30. The stock has a fifty day moving average of $124.41 and a 200-day moving average of $136.98. 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 has a 12-month low of $98.01 and a 12-month high of $202.20.

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

Insiders Place Their Bets

In other Datadog news, Director Julie Richardson sold 502 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 $75,300.00. Following the completion of the sale, the director owned 4,168 shares of the company’s stock, valued at $625,200. The trade was a 10.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CRO Sean Michael Walters sold 1,914 shares of the company’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 sale, the executive owned 291,267 shares of the company’s stock, valued at approximately $43,690,050. This trade represents a 0.65% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 654,018 shares of company stock worth $80,903,197 in the last 90 days. 6.48% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Datadog

A number of large investors have recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. boosted its holdings in shares of Datadog by 36.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 56,704 shares of the company’s stock worth $6,694,000 after buying an additional 15,186 shares during the period. Andra AP fonden lifted its position in Datadog by 43.3% during the 1st quarter. Andra AP fonden now owns 56,962 shares of the company’s stock worth $6,724,000 after acquiring an additional 17,200 shares during the last quarter. Amova Asset Management Americas Inc. lifted its position in Datadog by 15.0% during the 1st quarter. Amova Asset Management Americas Inc. now owns 140,788 shares of the company’s stock worth $16,616,000 after acquiring an additional 18,322 shares during the last quarter. Earned Wealth Advisors LLC boosted its holdings in Datadog by 52.2% during the first quarter. Earned Wealth Advisors LLC now owns 7,473 shares of the company’s stock valued at $882,000 after acquiring an additional 2,563 shares during the period. Finally, Meeder Advisory Services Inc. grew its position in shares of Datadog by 1.7% in the first quarter. Meeder Advisory Services Inc. now owns 7,473 shares of the company’s stock valued at $882,000 after purchasing an additional 128 shares during the last quarter. Institutional investors own 78.29% of the company’s stock.

About Datadog

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.