Datadog, Inc. (NASDAQ:DDOG) Receives $211.76 Consensus Target Price from Brokerages

Shares of Datadog, Inc. (NASDAQ:DDOG) have been assigned an average recommendation of “Moderate Buy” from the forty-four research firms that are presently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation, forty have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $213.3810.

Several brokerages have recently issued reports on DDOG. Wolfe Research lowered their price target on Datadog from $185.00 to $160.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 10th. Stifel Nicolaus set a $305.00 target price on Datadog in a report on Thursday, May 7th. Sanford C. Bernstein upped their price target on shares of Datadog from $167.00 to $180.00 and gave the company an “outperform” rating in a report on Friday, May 8th. The Goldman Sachs Group lifted their price objective on shares of Datadog from $121.00 to $139.00 and gave the stock a “sell” rating in a research note on Tuesday. Finally, CICC Research increased their target price on shares of Datadog from $150.00 to $204.00 in a research note on Monday, May 11th.

Datadog Stock Performance

DDOG stock opened at $207.98 on Friday. The company has a market capitalization of $74.03 billion, a P/E ratio of 547.33, a PEG ratio of 71.95 and a beta of 1.30. The company has a quick ratio of 3.40, a current ratio of 3.40 and a debt-to-equity ratio of 0.25. The company has a 50-day simple moving average of $135.18 and a 200 day simple moving average of $139.09. Datadog has a fifty-two week low of $98.01 and a fifty-two week high of $211.28.

Datadog (NASDAQ:DDOG) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.09. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The business had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $960.12 million. During the same period last year, the firm posted $0.46 earnings per share. The business’s revenue was up 32.1% on a year-over-year basis. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. Sell-side analysts predict that Datadog will post 0.35 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Datadog news, CTO Alexis Le-Quoc sold 53,912 shares of the company’s stock in a transaction dated 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 completion of the sale, the chief technology officer directly owned 437,257 shares of the company’s stock, valued at approximately $54,871,380.93. This represents a 10.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Matthew Jacobson sold 52,832 shares of the stock in a transaction on Friday, May 8th. The shares were sold at an average price of $189.28, for a total value of $10,000,040.96. Following the completion of the sale, the director owned 622,726 shares of the company’s stock, valued at $117,869,577.28. The trade was a 7.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 842,739 shares of company stock worth $121,023,123 in the last three months. 6.48% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Datadog

A number of hedge funds have recently added to or reduced their stakes in the company. Brighton Jones LLC acquired a new position in shares of Datadog during the 4th quarter worth $209,000. Bison Wealth LLC acquired a new stake in shares of Datadog in the fourth quarter worth about $228,000. Empowered Funds LLC raised its stake in shares of Datadog by 7.0% in the 1st quarter. Empowered Funds LLC now owns 10,313 shares of the company’s stock valued at $1,023,000 after acquiring an additional 672 shares in the last quarter. Geneos Wealth Management Inc. raised its stake in shares of Datadog by 17.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 769 shares of the company’s stock valued at $76,000 after acquiring an additional 115 shares in the last quarter. Finally, Sivia Capital Partners LLC acquired a new stake in Datadog in the 2nd quarter worth approximately $509,000. 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.