Datadog (NASDAQ:DDOG) Given New $170.00 Price Target at Bank of America

Datadog (NASDAQ:DDOG) had its target price decreased by Bank of America from $215.00 to $170.00 in a research report report published on Wednesday morning,MarketScreener reports. Bank of America currently has a buy rating on the stock.

A number of other analysts have also commented on DDOG. Benchmark initiated coverage on Datadog in a report on Wednesday, April 1st. They issued a “buy” rating on the stock. Royal Bank Of Canada decreased their price objective on Datadog from $175.00 to $150.00 and set an “outperform” rating for the company in a report on Monday, February 9th. Raymond James Financial dropped their target price on Datadog from $205.00 to $170.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 10th. Sanford C. Bernstein reduced their price target on Datadog from $180.00 to $167.00 and set an “outperform” rating for the company in a research report on Wednesday. Finally, Wall Street Zen cut shares of Datadog from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. Thirty-nine investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Datadog has a consensus rating of “Moderate Buy” and a consensus target price of $177.20.

Datadog Stock Down 2.8%

Shares of Datadog stock traded down $3.70 on Wednesday, hitting $128.44. The company had a trading volume of 1,463,141 shares, compared to its average volume of 5,601,431. The stock has a 50-day moving average of $120.37 and a 200-day moving average of $138.27. 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 has a twelve month low of $94.90 and a twelve month high of $201.69. The firm has a market capitalization of $45.28 billion, a P/E ratio of 411.75, a P/E/G ratio of 35.54 and a beta of 1.29.

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

Insider Buying and Selling

In other Datadog news, CEO Olivier Pomel sold 68,922 shares of the company’s stock in a transaction 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 sale, the chief executive officer directly owned 704,821 shares of the company’s stock, valued at approximately $77,910,913.34. This represents a 8.91% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CRO Sean Michael Walters sold 22,330 shares of the stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $125.68, for a total transaction of $2,806,434.40. Following the completion of the sale, the executive owned 238,384 shares of the company’s stock, valued at approximately $29,960,101.12. This represents a 8.56% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 543,833 shares of company stock worth $66,100,680. Insiders own 6.67% of the company’s stock.

Hedge Funds Weigh In On Datadog

A number of institutional investors have recently bought and sold shares of DDOG. Vanguard Group Inc. raised its stake in Datadog by 30.3% in the third quarter. Vanguard Group Inc. now owns 41,902,227 shares of the company’s stock valued at $5,966,877,000 after buying an additional 9,748,738 shares during the period. State Street Corp boosted its stake in shares of Datadog by 106.8% during the 3rd quarter. State Street Corp now owns 13,732,777 shares of the company’s stock worth $1,955,547,000 after acquiring an additional 7,091,075 shares during the period. Norges Bank acquired a new position in shares of Datadog during the 4th quarter worth approximately $469,461,000. Jennison Associates LLC increased its holdings in shares of Datadog by 43.7% during the 4th quarter. Jennison Associates LLC now owns 7,623,993 shares of the company’s stock worth $1,036,787,000 after acquiring an additional 2,316,994 shares during the last quarter. Finally, Invesco Ltd. raised its stake in Datadog by 119.2% in the 3rd quarter. Invesco Ltd. now owns 4,075,721 shares of the company’s stock valued at $580,383,000 after acquiring an additional 2,216,402 shares during the period. Institutional investors and hedge funds own 78.29% of the company’s stock.

More Datadog News

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Datadog launched GPU Monitoring to help customers plan capacity, troubleshoot GPU issues and control cloud GPU spend — a direct product aimed at the growing AI infrastructure market that could expand observability revenue as companies scale AI. Datadog Announces GPU Monitoring
• Positive Sentiment: Datadog’s State of AI Engineering 2026 report says operational complexity and capacity—not model quality—are the main barriers to scaling AI, reinforcing demand for observability and cost-control tools that Datadog sells. AI Is Hitting Operational Limits
• Positive Sentiment: Oppenheimer reiterated that Datadog is well positioned for sustained growth and estimated modest upside to consensus Q1 revenue — a near?term analyst endorsement that supports the growth narrative. Oppenheimer Note on Datadog
• Neutral Sentiment: Several market pieces note DDOG is a trending name and that it “lapped the market” recently; useful context but not a direct new catalyst. Datadog Laps the Stock Market
• Neutral Sentiment: Analyst coverage remains mixed overall, reflecting divergent views on growth vs. margin recovery; this produces noisy day?to?day trading but no consensus directional change. Mixed Analyst Opinions
• Negative Sentiment: A Datadog director, Amit Agarwal, sold 20,000 shares under a pre-arranged Rule 10b5-1 plan (avg. ~$126), cutting his stake substantially — an insider sale that can sap sentiment even if pre?planned and routine. Amit Agarwal Insider Sale
• Negative Sentiment: Barclays trimmed its DDOG price target to $148 and CIBC cut its target to $215; these downgrades/target reductions can weigh on near?term investor sentiment and headline volatility. Barclays Lowers Price Target CIBC Lowers Price Target

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.