Dynatrace (NYSE:DT) Stock Price Target Cut by BTIG Research

Dynatrace (NYSE:DT) had its price target decreased by equities researchers at BTIG Research from $73.00 to $63.00 in a research note issued to investors on Tuesday, Benzinga reports. The brokerage currently has a “buy” rating on the stock. BTIG Research‘s target price suggests a potential upside of 29.03% from the company’s previous close.

DT has been the topic of a number of other research reports. Needham & Company LLC raised Dynatrace from a “hold” rating to a “buy” rating and set a $68.00 price objective on the stock in a report on Friday, September 18th. Royal Bank Of Canada increased their price objective on Dynatrace from $59.00 to $73.00 and gave the stock an “outperform” rating in a research report on Monday, October 12th. Barclays raised their target price on Dynatrace from $60.00 to $71.00 and gave the company an “overweight” rating in a report on Tuesday, October 13th. Morgan Stanley upgraded shares of Dynatrace from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $58.00 to $65.00 in a research report on Tuesday, August 25th. Finally, Oppenheimer boosted their target price on shares of Dynatrace from $60.00 to $71.00 and gave the stock an “outperform” rating in a research report on Thursday, September 24th. Twenty-four equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Dynatrace currently has an average rating of “Moderate Buy” and an average price target of $63.62.

Dynatrace Stock Performance

DT traded down $6.31 during trading on Tuesday, reaching $48.82. The company’s stock had a trading volume of 9,159,982 shares, compared to its average volume of 6,601,487. The company’s fifty day moving average price is $57.71 and its 200-day moving average price is $44.59. Dynatrace has a 52-week low of $31.64 and a 52-week high of $66.30. The company has a market capitalization of $14.11 billion, a price-to-earnings ratio of 97.41, a price-to-earnings-growth ratio of 3.85 and a beta of 0.77.

Dynatrace (NYSE:DT) last issued its earnings results on Tuesday, November 3rd. The company reported $0.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.49 by $0.05. The business had revenue of $579.92 million during the quarter, compared to the consensus estimate of $568.03 million. Dynatrace had a return on equity of 11.07% and a net margin of 7.22%. The company’s revenue for the quarter was up 17.4% on a year-over-year basis. During the same period in the prior year, the business posted $0.44 EPS. Equities analysts predict that Dynatrace will post 1.11 earnings per share for the current year.

Insider Activity

In other news, EVP Bernd Greifeneder sold 50,000 shares of Dynatrace stock in a transaction that occurred on Friday, September 18th. The shares were sold at an average price of $57.21, for a total transaction of $2,860,500.00. Following the completion of the sale, the executive vice president directly owned 904,846 shares in the company, valued at approximately $51,766,239.66. This trade represents a 5.24% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.69% of the company’s stock.

Institutional Investors Weigh In On Dynatrace

A number of institutional investors and hedge funds have recently modified their holdings of the company. CX Institutional raised its holdings in Dynatrace by 1,119.0% during the second quarter. CX Institutional now owns 707 shares of the company’s stock worth $31,000 after purchasing an additional 649 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Dynatrace in the third quarter valued at $39,000. Elevation Wealth Partners LLC grew its holdings in Dynatrace by 37.8% in the third quarter. Elevation Wealth Partners LLC now owns 929 shares of the company’s stock valued at $54,000 after purchasing an additional 255 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in Dynatrace by 115.7% in the first quarter. EverSource Wealth Advisors LLC now owns 1,512 shares of the company’s stock valued at $56,000 after purchasing an additional 811 shares during the last quarter. Finally, Provenance Wealth Advisors LLC purchased a new position in shares of Dynatrace in the third quarter valued at $61,000. Institutional investors and hedge funds own 94.28% of the company’s stock.

Trending Headlines about Dynatrace

Here are the key news stories impacting Dynatrace this week:

• Positive Sentiment: Dynatrace reported fiscal second-quarter earnings of $0.54 per share, above the $0.49 analyst consensus, while revenue reached approximately $579.9 million, exceeding estimates of $568.0 million and rising 17.4% year over year. Dynatrace Reports Second Quarter Fiscal Year 2027 Financial Results
• Positive Sentiment: The company announced a strategic partnership with CrowdStrike to combine security and observability capabilities, potentially strengthening Dynatrace’s enterprise offering and expanding cross-selling opportunities. CrowdStrike and Dynatrace announce security and observability partnership
• Positive Sentiment: A brokerage raised its price target for DT to $65, indicating continued confidence in the company’s longer-term prospects. Dynatrace Price Target Raised to $65.00
• Neutral Sentiment: Unusually high call-option activity before earnings showed bullish positioning among some traders, but options activity does not necessarily reflect fundamental changes. Traders purchased 4,386 call options, about 28% above typical daily volume.
• Negative Sentiment: Despite the earnings and revenue beats, management’s forward guidance was viewed as mixed. Investors appear concerned that the outlook may imply slower growth or less upside than expected, prompting a sharp selloff after the results. Dynatrace crashes as it offers mixed guidance after Q2 results

About Dynatrace

Dynatrace, Inc provides an observability and application security platform designed to help organizations monitor, analyze and optimize complex digital environments. Its software uses artificial intelligence and automation to provide visibility across applications, infrastructure, cloud services, logs, user experiences and business operations.

The company’s products support application performance monitoring, infrastructure monitoring, digital experience monitoring, log and analytics management, cloud automation and application security.