Datadog (NASDAQ:DDOG – Get Free Report) was upgraded by investment analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Tuesday,Zacks.com reports.
Other equities analysts have also recently issued reports about the company. Scotiabank raised their price objective on Datadog from $225.00 to $275.00 and gave the company an “outperform” rating in a research note on Thursday, June 18th. Evercore boosted their target price on shares of Datadog from $225.00 to $265.00 and gave the company an “outperform” rating in a research note on Wednesday, June 10th. CICC Research increased their target price on shares of Datadog from $150.00 to $204.00 in a research report on Monday, May 11th. BTIG Research reaffirmed a “buy” rating and issued a $255.00 price target on shares of Datadog in a report on Thursday, June 11th. Finally, Truist Financial upgraded Datadog from a “hold” rating to a “buy” rating and upped their price objective for the company from $190.00 to $300.00 in a research note on Monday, June 15th. Two investment analysts have rated the stock with a Strong Buy rating, forty have given a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Datadog presently has an average rating of “Moderate Buy” and an average price target of $244.73.
Get Our Latest Stock Report on DDOG
Datadog Stock Performance
Datadog (NASDAQ:DDOG – Get Free Report) last issued its quarterly earnings data 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. The company had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $960.12 million. Datadog had a return on equity of 4.83% and a net margin of 3.69%.The firm’s revenue was up 32.1% compared to the same quarter last year. During the same period last year, the company 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. On average, equities analysts expect that Datadog will post 0.64 EPS for the current fiscal year.
Insider Buying and Selling at Datadog
In other news, CEO Olivier Pomel sold 84,698 shares of the firm’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $232.30, for a total transaction of $19,675,345.40. Following the transaction, the chief executive officer directly owned 612,747 shares of the company’s stock, valued at approximately $142,341,128.10. This trade represents a 12.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Amit Agarwal sold 20,000 shares of Datadog stock in a transaction on Thursday, July 2nd. The stock was sold at an average price of $261.22, for a total transaction of $5,224,400.00. Following the completion of the transaction, the director directly owned 1,640 shares in the company, valued at approximately $428,400.80. The trade was a 92.42% 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. Insiders sold a total of 1,405,621 shares of company stock valued at $309,070,507 over the last quarter. Company insiders own 6.48% of the company’s stock.
Institutional Investors Weigh In On Datadog
Several institutional investors and hedge funds have recently modified their holdings of DDOG. Elevation Wealth Partners LLC raised its position in shares of Datadog by 2,700.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 168 shares of the company’s stock worth $44,000 after acquiring an additional 162 shares in the last quarter. JPL Wealth Management LLC purchased a new stake in Datadog in the third quarter worth $27,000. CoreCap Advisors LLC raised its holdings in Datadog by 1,461.5% in the fourth quarter. CoreCap Advisors LLC now owns 203 shares of the company’s stock worth $28,000 after purchasing an additional 190 shares in the last quarter. Flagship Harbor Advisors LLC purchased a new position in Datadog during the fourth quarter valued at $31,000. Finally, NBC Securities Inc. lifted its position in Datadog by 242.6% during the fourth quarter. NBC Securities Inc. now owns 233 shares of the company’s stock valued at $32,000 after buying an additional 165 shares during the period. 78.29% of the stock is owned by hedge funds and other institutional investors.
Datadog News Summary
Here are the key news stories impacting Datadog this week:
- Positive Sentiment: Benchmark raised its price target on Datadog to a Street-high $330 from $260 and kept a Buy rating, citing strong execution and customer momentum in its product-led growth business. Benchmark lifts price target on Datadog
- Positive Sentiment: Datadog’s acquisition of Adaptive ML and its push into AI-focused observability continue to support the bull case, reinforcing expectations for longer-term growth. Datadog AI growth and Adaptive ML acquisition
- Positive Sentiment: Several articles still describe DDOG as a strong momentum stock, which can attract traders and support near-term demand. Datadog momentum stock article
- Neutral Sentiment: Director Michael James Callahan sold 12,500 shares in a pre-arranged Rule 10b5-1 transaction. The sale may add to insider-selling chatter, but it does not necessarily signal a fundamental problem. SEC filing on insider sale
- Neutral Sentiment: Another director sale by Amit Agarwal was disclosed, also under a 10b5-1 plan, keeping insider activity in focus but not necessarily changing the outlook. SEC filing on insider sale
- Negative Sentiment: Bernstein downgraded Datadog to Market Perform, arguing that growth may slow and that fourth-quarter revenue growth could miss elevated expectations. Bernstein downgrade on Datadog
- Negative Sentiment: That downgrade also raised concerns that Datadog’s AI growth story may already be priced in, limiting upside if near-term fundamentals do not accelerate. Bernstein caution on Datadog AI growth
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.
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