Jefferies Financial Group Raises Datadog (NASDAQ:DDOG) Price Target to $170.00

Datadog (NASDAQ:DDOG) had its price target boosted by stock analysts at Jefferies Financial Group from $160.00 to $170.00 in a report issued on Tuesday,MarketScreener reports. The brokerage currently has a “buy” rating on the stock. Jefferies Financial Group’s price target indicates a potential upside of 16.49% from the stock’s previous close.

Other analysts have also issued research reports about the company. TD Cowen reduced their target price on Datadog from $215.00 to $190.00 and set a “buy” rating on the stock in a research note on Wednesday, April 15th. Weiss Ratings reissued a “sell (d+)” rating on shares of Datadog in a research note on Monday, April 20th. Barclays cut their price target on shares of Datadog from $165.00 to $148.00 and set an “overweight” rating on the stock in a report on Monday, April 20th. DA Davidson reaffirmed a “buy” rating and issued a $225.00 price target on shares of Datadog in a research note on Monday. Finally, Mizuho decreased their price objective on shares of Datadog from $170.00 to $145.00 and set an “outperform” rating for the company in a report on Tuesday, April 14th. One research analyst has rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Datadog has a consensus rating of “Moderate Buy” and a consensus price target of $177.28.

Datadog Stock Down 0.5%

Shares of NASDAQ:DDOG opened at $145.94 on Tuesday. Datadog has a 1 year low of $98.01 and a 1 year high of $201.69. The business has a 50 day simple moving average of $121.30 and a two-hundred day simple moving average of $136.88. The firm has a market capitalization of $51.46 billion, a PE ratio of 471.44, a price-to-earnings-growth ratio of 50.87 and a beta of 1.30. The company has a debt-to-equity ratio of 0.26, a current ratio of 3.38 and a quick ratio of 3.38.

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

Insider Transactions at Datadog

In other Datadog news, CTO Alexis Le-Quoc sold 53,912 shares of the stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $125.49, for a total transaction of $6,765,416.88. Following the sale, the chief technology officer owned 437,257 shares of the company’s stock, valued at approximately $54,871,380.93. This trade represents a 10.98% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Olivier Pomel sold 68,922 shares of the firm’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $110.54, for a total value of $7,618,637.88. Following the sale, the chief executive officer directly owned 704,821 shares in the company, valued at approximately $77,910,913.34. The trade was a 8.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 594,639 shares of company stock valued at $72,214,894. 6.67% of the stock is currently owned by corporate insiders.

Institutional Trading of Datadog

A number of institutional investors have recently modified their holdings of DDOG. Brighton Jones LLC purchased a new position in Datadog in the fourth quarter worth $209,000. Bison Wealth LLC acquired a new position in shares of Datadog during the fourth quarter worth $228,000. Empowered Funds LLC lifted its holdings in shares of Datadog by 7.0% during the 1st quarter. Empowered Funds LLC now owns 10,313 shares of the company’s stock valued at $1,023,000 after purchasing an additional 672 shares during the last quarter. Geneos Wealth Management Inc. boosted its position in shares of Datadog by 17.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 769 shares of the company’s stock worth $76,000 after purchasing an additional 115 shares in the last quarter. Finally, Sivia Capital Partners LLC acquired a new stake in shares of Datadog in the 2nd quarter worth $509,000. 78.29% of the stock is currently owned by 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.