Brokerages Set Datadog, Inc. (NASDAQ:DDOG) Target Price at $276.32

Shares of Datadog, Inc. (NASDAQ:DDOG) have earned an average rating of “Moderate Buy” from the forty-five brokerages that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, five have issued a hold rating, thirty-eight have issued a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $276.3182.

DDOG has been the subject of a number of research reports. Barclays boosted their target price on shares of Datadog from $260.00 to $290.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 21st. Needham & Company LLC boosted their price objective on Datadog from $260.00 to $300.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Mizuho lifted their price target on Datadog from $220.00 to $300.00 and gave the stock an “outperform” rating in a report on Wednesday, July 15th. Wedbush started coverage on Datadog in a research report on Monday, June 15th. They issued a “neutral” rating for the company. Finally, Arete Research lifted their price target on shares of Datadog from $260.00 to $340.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd.

Datadog Price Performance

Shares of NASDAQ DDOG opened at $225.77 on Tuesday. The company has a market cap of $81.07 billion, a PE ratio of 460.76, a P/E/G ratio of 22.94 and a beta of 1.54. The company has a debt-to-equity ratio of 0.23, a quick ratio of 3.20 and a current ratio of 3.20. Datadog has a fifty-two week low of $98.01 and a fifty-two week high of $292.72. The business has a 50-day simple moving average of $249.66 and a two-hundred day simple moving average of $187.09.

Datadog (NASDAQ:DDOG) last released its earnings results on Thursday, August 6th. The company reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.07. The firm had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.08 billion. Datadog had a return on equity of 5.67% and a net margin of 4.48%.The firm’s revenue was up 35.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.46 EPS. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. As a group, equities analysts expect that Datadog will post 0.7 EPS for the current fiscal year.

Insider Activity at Datadog

In other Datadog news, CTO Alexis Le-Quoc sold 53,912 shares of the business’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $253.36, for a total value of $13,659,144.32. Following the completion of the transaction, the chief technology officer owned 509,805 shares in the company, valued at $129,164,194.80. The trade was a 9.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Olivier Pomel sold 47,054 shares of the business’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $235.49, for a total value of $11,080,746.46. Following the transaction, the chief executive officer directly owned 612,747 shares of the company’s stock, valued at approximately $144,295,791.03. This represents a 7.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,427,490 shares of company stock worth $355,565,477 over the last 90 days. 6.48% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the stock. California State Teachers Retirement System boosted its holdings in Datadog by 27,002.8% in the 2nd quarter. California State Teachers Retirement System now owns 121,189,509 shares of the company’s stock valued at $31,552,901,000 after purchasing an additional 120,742,361 shares in the last quarter. State Street Corp boosted its holdings in shares of Datadog by 106.8% during the third quarter. State Street Corp now owns 13,732,777 shares of the company’s stock worth $1,955,547,000 after purchasing an additional 7,091,075 shares during the last quarter. Norges Bank acquired a new stake in shares of Datadog in the fourth quarter worth approximately $469,461,000. Jennison Associates LLC increased its stake 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 acquiring an additional 2,316,994 shares during the last quarter. Finally, Invesco Ltd. raised its holdings in Datadog by 119.2% in the third quarter. Invesco Ltd. now owns 4,075,721 shares of the company’s stock valued at $580,383,000 after buying an additional 2,216,402 shares during the period. 78.29% of the stock is currently owned by hedge funds and other institutional investors.

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.