Dynatrace, Inc. (NYSE:DT) Stock Has Consensus Target Price of $56.89

Dynatrace, Inc. (NYSE:DT) has been given an average rating of “Moderate Buy” by the thirty-one brokerages that are presently covering the stock, Marketbeat Ratings reports. Seven equities research analysts have rated the stock with a hold recommendation and twenty-four have given a buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $57.54.

Several analysts have recently issued reports on DT shares. Cantor Fitzgerald increased their price objective on Dynatrace from $37.00 to $47.00 and gave the company a “neutral” rating in a research note on Monday, August 3rd. Oppenheimer boosted their target price on Dynatrace from $60.00 to $71.00 and gave the stock an “outperform” rating in a research note on Thursday, September 24th. Rosenblatt Securities restated a “buy” rating and set a $52.00 price target on shares of Dynatrace in a report on Tuesday, August 4th. Weiss Ratings raised Dynatrace from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, September 16th. Finally, UBS Group lifted their price objective on Dynatrace from $65.00 to $74.00 and gave the company a “buy” rating in a research note on Thursday, October 1st.

Insider Buying and Selling at Dynatrace

In related news, EVP Bernd Greifeneder sold 50,000 shares of the firm’s stock in a transaction that occurred on Friday, September 18th. The shares were sold at an average price of $57.21, for a total value of $2,860,500.00. Following the sale, the executive vice president owned 904,846 shares of the company’s stock, valued at $51,766,239.66. This trade represents a 5.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.69% of the company’s stock.

Hedge Funds Weigh In On Dynatrace

Institutional investors and hedge funds have recently modified their holdings of the company. Pictet Asset Management Holding SA lifted its holdings in Dynatrace by 7.9% during the 1st quarter. Pictet Asset Management Holding SA now owns 15,809,223 shares of the company’s stock worth $584,649,000 after buying an additional 1,160,690 shares during the last quarter. Wellington Management Group LLP boosted its holdings in Dynatrace by 23.5% in the second quarter. Wellington Management Group LLP now owns 11,528,792 shares of the company’s stock valued at $506,229,000 after purchasing an additional 2,191,497 shares in the last quarter. Bank of America Corp DE boosted its holdings in Dynatrace by 304.7% in the first quarter. Bank of America Corp DE now owns 9,357,612 shares of the company’s stock valued at $346,044,000 after purchasing an additional 7,045,591 shares in the last quarter. First Trust Advisors LP raised its holdings in Dynatrace by 706.8% during the first quarter. First Trust Advisors LP now owns 6,801,507 shares of the company’s stock worth $251,520,000 after purchasing an additional 5,958,505 shares in the last quarter. Finally, Amundi boosted its holdings in shares of Dynatrace by 461.5% in the 1st quarter. Amundi now owns 6,238,938 shares of the company’s stock valued at $230,716,000 after buying an additional 5,127,910 shares in the last quarter. Institutional investors and hedge funds own 94.28% of the company’s stock.

Dynatrace Stock Up 3.7%

Shares of DT opened at $63.41 on Thursday. Dynatrace has a fifty-two week low of $31.64 and a fifty-two week high of $63.78. The firm’s 50 day moving average price is $53.42 and its 200 day moving average price is $44.77. The company has a market cap of $18.32 billion, a P/E ratio of 126.81, a PEG ratio of 3.93 and a beta of 0.77.

Dynatrace (NYSE:DT) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.48 EPS for the quarter, beating the consensus estimate 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%. The firm’s revenue was up 16.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.42 EPS. Dynatrace has set its Q2 2027 guidance at 0.480-0.490 EPS and its FY 2027 guidance at 1.970-1.990 EPS. Research analysts forecast that Dynatrace will post 1.10 earnings per share for the current year.

Dynatrace Company Profile

Dynatrace, Inc is a software company that provides an observability and application security platform for organizations operating complex cloud, hybrid, and enterprise technology environments. Its platform is designed to help businesses monitor applications, infrastructure, user experiences, logs, and digital services from a unified interface.

The company’s products support application and infrastructure performance monitoring, digital experience monitoring, log management, cloud automation, application security, and artificial intelligence-assisted operations.