Analysts Set Dynatrace, Inc. (NYSE:DT) Price Target at $49.42

Shares of Dynatrace, Inc. (NYSE:DT) have been assigned an average recommendation of “Moderate Buy” from the thirty analysts that are currently covering the stock, MarketBeat reports. Seven equities research analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $49.4231.

Several research analysts recently commented on the stock. DA Davidson lifted their target price on shares of Dynatrace from $45.00 to $60.00 and gave the stock a “buy” rating in a research note on Wednesday, July 15th. The Goldman Sachs Group increased their price target on shares of Dynatrace from $45.00 to $50.00 and gave the company a “buy” rating in a research report on Thursday, June 18th. Scotiabank cut their price target on shares of Dynatrace from $47.00 to $44.00 and set a “sector outperform” rating on the stock in a report on Thursday, May 14th. Morgan Stanley lowered their price objective on shares of Dynatrace from $43.00 to $40.00 and set an “equal weight” rating for the company in a research note on Thursday, May 14th. Finally, Oppenheimer increased their target price on shares of Dynatrace from $45.00 to $55.00 and gave the stock an “outperform” rating in a report on Monday, July 20th.

Dynatrace Price Performance

DT opened at $43.78 on Friday. The stock’s 50 day simple moving average is $42.64 and its 200 day simple moving average is $39.28. Dynatrace has a 1 year low of $31.64 and a 1 year high of $54.67. The firm has a market cap of $12.71 billion, a price-to-earnings ratio of 81.08, a PEG ratio of 2.82 and a beta of 0.73.

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

Institutional Investors Weigh In On Dynatrace

Several institutional investors and hedge funds have recently bought and sold shares of DT. NewEdge Advisors LLC lifted its holdings in shares of Dynatrace by 25.3% during the first quarter. NewEdge Advisors LLC now owns 9,135 shares of the company’s stock valued at $431,000 after purchasing an additional 1,846 shares during the last quarter. Jones Financial Companies Lllp raised its stake in shares of Dynatrace by 19.2% in the first quarter. Jones Financial Companies Lllp now owns 2,161 shares of the company’s stock worth $102,000 after purchasing an additional 348 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Dynatrace by 21.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,548 shares of the company’s stock valued at $85,000 after purchasing an additional 272 shares in the last quarter. Invesco Ltd. lifted its stake in Dynatrace by 38.9% during the 2nd quarter. Invesco Ltd. now owns 793,630 shares of the company’s stock valued at $43,816,000 after acquiring an additional 222,395 shares during the period. Finally, Marshall Wace LLP bought a new position in Dynatrace during the 2nd quarter valued at about $410,000. Hedge funds and other institutional investors own 94.28% of the company’s stock.

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.