Datadog (NASDAQ:DDOG) Given New $260.00 Price Target at BTIG Research

Datadog (NASDAQ:DDOG) had its target price lowered by BTIG Research from $289.00 to $260.00 in a research note issued to investors on Wednesday, MarketBeat reports. The brokerage currently has a buy rating on the stock.

Several other research firms have also commented on DDOG. Needham & Company LLC reissued a “buy” rating and issued a $300.00 price objective on shares of Datadog in a research note on Wednesday. Canaccord Genuity Group upped their target price on shares of Datadog from $250.00 to $295.00 and gave the stock a “buy” rating in a research note on Tuesday, August 4th. Robert W. Baird set a $300.00 target price on shares of Datadog in a research note on Friday, August 7th. KeyCorp increased their target price on shares of Datadog from $225.00 to $320.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. Finally, Mizuho raised their price target on shares of Datadog from $300.00 to $330.00 and gave the company an “outperform” rating in a research report on Thursday, October 15th. Three analysts have rated the stock with a Strong Buy rating, forty have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $284.52.

Datadog Stock Performance

Shares of Datadog stock opened at $188.72 on Wednesday. The business has a 50-day moving average of $250.09 and a 200 day moving average of $199.43. Datadog has a 12 month low of $98.01 and a 12 month high of $300.68. The stock has a market capitalization of $67.77 billion, a price-to-earnings ratio of 361.51, a price-to-earnings-growth ratio of 21.50 and a beta of 1.50. The company has a debt-to-equity ratio of 0.23, a current ratio of 3.20 and a quick ratio of 3.20.

Datadog (NASDAQ:DDOG) last released its earnings results on Wednesday, November 4th. The company reported $0.81 earnings per share for the quarter, beating the consensus estimate of $0.64 by $0.17. The company had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.15 billion. Datadog had a return on equity of 5.67% and a net margin of 4.48%. Datadog’s revenue was up 35.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.55 EPS. As a group, sell-side analysts forecast that Datadog will post 0.70 earnings per share for the current year.

Insider Buying and Selling

In related news, CFO David Obstler sold 40,000 shares of the firm’s stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $227.47, for a total value of $9,098,800.00. Following the sale, the chief financial officer owned 378,067 shares of the company’s stock, valued at $85,998,900.49. This trade represents a 9.57% 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. Also, Director Matthew Jacobson sold 39,912 shares of Datadog stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $250.55, for a total transaction of $9,999,951.60. Following the completion of the transaction, the director owned 544,220 shares of the company’s stock, valued at $136,354,321. This represents a 6.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 745,293 shares of company stock worth $175,536,548. 6.48% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Datadog

Large investors have recently modified their holdings of the company. Janus Henderson Group PLC lifted its position in shares of Datadog by 22.8% during the 1st quarter. Janus Henderson Group PLC now owns 7,749,569 shares of the company’s stock worth $905,570,000 after purchasing an additional 1,439,082 shares during the last quarter. First Trust Advisors LP grew its stake in shares of Datadog by 81.5% during the first quarter. First Trust Advisors LP now owns 3,685,562 shares of the company’s stock worth $435,081,000 after purchasing an additional 1,654,429 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in Datadog by 30.3% in the first quarter. Bank of New York Mellon Corp now owns 2,645,827 shares of the company’s stock valued at $312,340,000 after buying an additional 615,090 shares during the last quarter. Assenagon Asset Management S.A. increased its holdings in Datadog by 197.9% in the third quarter. Assenagon Asset Management S.A. now owns 2,443,008 shares of the company’s stock valued at $669,018,000 after buying an additional 1,622,904 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its holdings in Datadog by 162.2% in the first quarter. Arrowstreet Capital Limited Partnership now owns 1,571,018 shares of the company’s stock valued at $185,459,000 after buying an additional 971,910 shares during the last quarter. 78.29% of the stock is owned by hedge funds and other institutional investors.

Datadog News Roundup

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Q3 revenue rose 35.2% year over year to $1.20 billion, above expectations of $1.15 billion, while EPS of $0.81 topped the $0.64 consensus. Datadog also raised its full-year outlook for the third consecutive quarter. Datadog announces third-quarter 2026 results
• Positive Sentiment: Customer and product trends offered further support: customers generating at least $100,000 in annual recurring revenue increased to about 4,860 from 4,060 a year earlier, alongside broader multiproduct adoption and expanding AI workloads. Datadog also launched Scout 1.0, its specialized model for Bits Investigation. Q3 earnings call highlights
• Neutral Sentiment: Some analysts remain constructive: Needham reaffirmed a Buy rating with a $300 target, while BTIG retained Buy but lowered its target to $260. Needham rating
• Negative Sentiment: Q4 revenue guidance of about $1.20 billion implies little sequential growth from Q3 and was viewed as cautious, even though it was near analyst estimates. That near-term deceleration appears to have outweighed the earnings beat and raised full-year outlook. Shares fall after in-line Q4 revenue outlook
• Negative Sentiment: Management said lower usage by a major customer—identified in coverage as Datadog’s largest customer and an AI customer—is weighing on growth. Concerns about that customer’s future usage, moderating growth, and Datadog’s premium valuation add to the selling pressure. Lower usage from major AI customer weighs on growth

About Datadog

Datadog, Inc is a technology company that provides a cloud-based monitoring and security platform for applications, infrastructure and other technology environments. Its platform helps organizations collect, analyze and visualize data from servers, databases, containers, cloud services, applications and user interactions in a unified environment.

Datadog’s products include infrastructure monitoring, application performance monitoring, log management, real user monitoring, synthetic monitoring, network performance monitoring, cloud security, software delivery tools and incident-management capabilities.