Dynatrace, Inc. (NYSE:DT) Receives $46.50 Consensus Target Price from Analysts

Dynatrace, Inc. (NYSE:DT) has been given a consensus recommendation of “Moderate Buy” by the twenty-eight brokerages that are covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and twenty-one have issued a buy rating on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $46.50.

Several analysts recently issued reports on DT shares. Rothschild & Co Redburn started coverage on Dynatrace in a research note on Thursday, April 23rd. They issued a “neutral” rating and a $40.00 target price on the stock. Canaccord Genuity Group cut their target price on Dynatrace from $50.00 to $46.00 and set a “buy” rating on the stock in a research note on Thursday, May 14th. JPMorgan Chase & Co. cut their target price on Dynatrace from $50.00 to $45.00 and set an “overweight” rating on the stock in a research note on Thursday, May 14th. UBS Group cut their target price on Dynatrace from $40.00 to $36.00 and set a “neutral” rating on the stock in a research note on Thursday, May 14th. Finally, Wells Fargo & Company dropped their price target on Dynatrace from $65.00 to $50.00 and set an “overweight” rating for the company in a research note on Tuesday, February 10th.

Institutional Trading of Dynatrace

Several large investors have recently added to or reduced their stakes in the stock. Parallel Advisors LLC boosted its holdings in Dynatrace by 10.0% in the first quarter. Parallel Advisors LLC now owns 25,987 shares of the company’s stock valued at $961,000 after acquiring an additional 2,373 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in Dynatrace by 43.1% in the first quarter. NewEdge Advisors LLC now owns 14,381 shares of the company’s stock valued at $532,000 after acquiring an additional 4,334 shares in the last quarter. GKV Capital Management Co. Inc. bought a new stake in Dynatrace in the first quarter valued at $74,000. Bank of America Corp DE boosted its holdings in Dynatrace by 304.7% in the first quarter. Bank of America Corp DE now owns 9,357,612 shares of the company’s stock valued at $346,044,000 after acquiring an additional 7,045,591 shares in the last quarter. Finally, Edgestream Partners L.P. bought a new stake in Dynatrace during the 1st quarter valued at approximately $1,848,000. Institutional investors own 94.28% of the company’s stock.

Dynatrace Trading Down 2.8%

DT opened at $40.75 on Friday. The company has a market cap of $11.88 billion, a P/E ratio of 75.46, a P/E/G ratio of 2.72 and a beta of 0.75. The business’s 50-day moving average price is $38.22 and its 200-day moving average price is $39.58. Dynatrace has a 12 month low of $31.64 and a 12 month high of $57.55.

Dynatrace (NYSE:DT) last released its quarterly earnings data on Wednesday, May 13th. The company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.39 by $0.02. The firm had revenue of $531.72 million for the quarter, compared to the consensus estimate of $521.01 million. Dynatrace had a return on equity of 10.37% and a net margin of 8.06%.The company’s quarterly revenue was up 19.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.33 earnings per share. Dynatrace has set its FY 2027 guidance at 1.930-1.950 EPS and its Q1 2027 guidance at 0.440-0.450 EPS. Equities research analysts forecast that Dynatrace will post 1.11 earnings per share for the current fiscal year.

About Dynatrace

Dynatrace is a global software intelligence company specializing in application performance management (APM), cloud infrastructure monitoring, and digital experience management. Its flagship offering, the Dynatrace Software Intelligence Platform, leverages artificial intelligence to provide real-time observability across distributed environments, including on-premises data centers, private clouds, public clouds and hybrid deployments. Organizations rely on Dynatrace to detect anomalies, troubleshoot performance issues and optimize end-user experiences through automated root-cause analysis powered by the company’s engine, Davis.

The Dynatrace platform comprises modules for full-stack application monitoring, digital experience monitoring, infrastructure monitoring and business analytics.