Datadog (NASDAQ:DDOG – Get Free Report) had its price objective decreased by equities researchers at Barclays from $165.00 to $148.00 in a research note issued to investors on Monday, Marketbeat.com reports. The brokerage currently has an “overweight” rating on the stock. Barclays‘s target price indicates a potential upside of 16.45% from the stock’s current price.
A number of other equities analysts have also recently issued reports on the stock. Citigroup cut their target price on shares of Datadog from $200.00 to $175.00 and set a “buy” rating for the company in a research report on Friday, January 16th. Needham & Company LLC dropped their price objective on shares of Datadog from $220.00 to $155.00 and set a “buy” rating for the company in a research note on Tuesday, February 10th. Wedbush cut their price objective on Datadog from $215.00 to $190.00 and set an “outperform” rating for the company in a research report on Wednesday, February 11th. Wall Street Zen lowered Datadog from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. Finally, KeyCorp lowered their target price on Datadog from $170.00 to $155.00 and set an “overweight” rating on the stock in a report on Wednesday, February 4th. Thirty-eight analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $179.51.
Read Our Latest Research Report on Datadog
Datadog Price Performance
Datadog (NASDAQ:DDOG – Get Free Report) last released its quarterly earnings data on Tuesday, February 10th. The company reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.04. The firm had revenue of $953.19 million during the quarter, compared to the consensus estimate of $916.53 million. Datadog had a return on equity of 4.14% and a net margin of 3.14%.Datadog’s quarterly revenue was up 29.2% on a year-over-year basis. During the same period last year, the business posted $0.49 EPS. 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 research analysts expect that Datadog will post 0.34 EPS for the current fiscal year.
Insiders Place Their Bets
In other news, CEO Olivier Pomel sold 68,922 shares of Datadog stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $110.54, for a total value of $7,618,637.88. Following the completion of the sale, the chief executive officer 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CRO Sean Michael Walters sold 22,330 shares of the company’s stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $125.68, for a total value of $2,806,434.40. Following the completion of the transaction, the executive owned 238,384 shares of the company’s stock, valued at $29,960,101.12. The trade was a 8.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 523,833 shares of company stock valued at $63,581,080 in the last quarter. 6.67% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Datadog
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Rothschild Investment LLC raised its holdings in shares of Datadog by 126.6% in the 3rd quarter. Rothschild Investment LLC now owns 179 shares of the company’s stock worth $25,000 after purchasing an additional 100 shares during the period. Physician Wealth Advisors Inc. grew its stake in Datadog by 315.2% during the third quarter. Physician Wealth Advisors Inc. now owns 191 shares of the company’s stock worth $27,000 after buying an additional 145 shares during the period. Westside Investment Management Inc. increased its holdings in Datadog by 74.3% in the 3rd quarter. Westside Investment Management Inc. now owns 176 shares of the company’s stock valued at $27,000 after purchasing an additional 75 shares in the last quarter. JPL Wealth Management LLC purchased a new position in Datadog in the 3rd quarter worth approximately $27,000. Finally, Tripletail Wealth Management LLC acquired a new stake in Datadog in the third quarter valued at approximately $28,000. Institutional investors and hedge funds own 78.29% of the company’s stock.
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.
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