Datadog (NASDAQ:DDOG) Earns Buy Rating from DA Davidson

Datadog (NASDAQ:DDOG)‘s stock had its “buy” rating reiterated by stock analysts at DA Davidson in a research note issued on Monday,Benzinga reports. They currently have a $225.00 price target on the stock. DA Davidson’s target price indicates a potential upside of 56.24% from the company’s previous close.

Several other research firms have also commented on DDOG. Citigroup reissued a “buy” rating on shares of Datadog in a research note on Thursday, April 23rd. Robert W. Baird set a $180.00 price objective on shares of Datadog in a research note on Wednesday, February 11th. Piper Sandler dropped their price objective on shares of Datadog from $225.00 to $195.00 and set an “overweight” rating on the stock in a research note on Monday, January 5th. Wolfe Research dropped their price objective on shares of Datadog from $185.00 to $160.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 10th. Finally, Capital One Financial dropped their price objective on shares of Datadog from $157.00 to $135.00 and set an “overweight” rating on the stock in a research note on Thursday, April 16th. One research analyst has rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Datadog presently has a consensus rating of “Moderate Buy” and a consensus target price of $177.03.

Datadog Trading Up 2.5%

Shares of DDOG traded up $3.48 during trading hours on Monday, reaching $144.01. 2,151,630 shares of the company traded hands, compared to its average volume of 5,537,289. The company’s fifty day moving average price is $121.30 and its two-hundred day moving average price is $136.88. The company has a market capitalization of $50.77 billion, a price-to-earnings ratio of 465.25, a price-to-earnings-growth ratio of 50.87 and a beta of 1.30. The company has a quick ratio of 3.38, a current ratio of 3.38 and a debt-to-equity ratio of 0.26. Datadog has a 12 month low of $98.01 and a 12 month high of $201.69.

Datadog (NASDAQ:DDOG) last announced its earnings results on Tuesday, February 10th. The company reported $0.59 earnings per share for the quarter, beating analysts’ consensus estimates of $0.55 by $0.04. Datadog had a net margin of 3.14% and a return on equity of 4.14%. The firm had revenue of $953.19 million for the quarter, compared to analyst estimates of $916.53 million. During the same quarter in the previous year, the firm posted $0.49 EPS. The company’s revenue for the quarter was up 29.2% compared to the same quarter last year. Datadog has set its FY 2026 guidance at 2.080-2.160 EPS and its Q1 2026 guidance at 0.490-0.510 EPS. Equities research analysts predict that Datadog will post 0.32 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Olivier Pomel sold 68,922 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $110.54, for a total transaction of $7,618,637.88. Following the completion of the transaction, the chief executive officer directly owned 704,821 shares of the company’s stock, valued at $77,910,913.34. The trade was a 8.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CTO Alexis Le-Quoc sold 53,912 shares of the business’s stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $125.49, for a total transaction of $6,765,416.88. Following the transaction, the chief technology officer directly owned 437,257 shares of the company’s stock, valued at $54,871,380.93. The trade was a 10.98% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 594,639 shares of company stock valued at $72,214,894. Insiders own 6.67% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in DDOG. Rothschild Investment LLC raised its holdings in shares of Datadog by 126.6% during the third quarter. Rothschild Investment LLC now owns 179 shares of the company’s stock valued at $25,000 after purchasing an additional 100 shares during the last quarter. Physician Wealth Advisors Inc. raised its holdings in shares of Datadog by 315.2% during the third quarter. Physician Wealth Advisors Inc. now owns 191 shares of the company’s stock valued at $27,000 after purchasing an additional 145 shares during the last quarter. Westside Investment Management Inc. raised its holdings in shares of Datadog by 74.3% during the third quarter. Westside Investment Management Inc. now owns 176 shares of the company’s stock valued at $27,000 after purchasing an additional 75 shares during the last quarter. JPL Wealth Management LLC purchased a new position in shares of Datadog during the third quarter valued at approximately $27,000. Finally, Hazlett Burt & Watson Inc. purchased a new stake in Datadog during the third quarter valued at approximately $28,000. 78.29% of the stock is owned by hedge funds and other institutional investors.

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.