Datadog (NASDAQ:DDOG) Stock Price Expected to Rise, Truist Financial Analyst Says

Datadog (NASDAQ:DDOG) had its price objective boosted by analysts at Truist Financial from $120.00 to $190.00 in a report issued on Thursday, Marketbeat reports. The brokerage currently has a “hold” rating on the stock. Truist Financial’s target price suggests a potential downside of 5.08% from the stock’s previous close.

Several other analysts have also commented on the stock. Citigroup upgraded shares of Datadog from a “buy” rating to an “outperform” rating in a research report on Thursday. Guggenheim raised their target price on shares of Datadog from $175.00 to $225.00 and gave the stock a “buy” rating in a research report on Thursday. Morgan Stanley raised their target price on shares of Datadog from $180.00 to $225.00 and gave the stock an “overweight” rating in a research report on Friday. Raymond James Financial decreased their target price on shares of Datadog from $205.00 to $170.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 10th. Finally, The Goldman Sachs Group began coverage on shares of Datadog in a research report on Monday, January 12th. They set a “sell” rating and a $113.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, one has given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $211.76.

Datadog Stock Up 6.1%

DDOG stock opened at $200.16 on Thursday. The company’s 50 day simple moving average is $124.41 and its 200-day simple moving average is $136.98. The firm has a market capitalization of $70.57 billion, a PE ratio of 526.75, a P/E/G ratio of 68.31 and a beta of 1.30. Datadog has a 12 month low of $98.01 and a 12 month high of $201.69. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.40 and a quick ratio of 3.38.

Datadog (NASDAQ:DDOG) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.60 EPS for the quarter, beating the consensus estimate of $0.51 by $0.09. The business had revenue of $1.01 billion for the quarter, compared to analyst estimates of $960.12 million. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The company’s quarterly revenue was up 32.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.46 earnings per share. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. Equities analysts expect that Datadog will post 0.32 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 stock in a transaction that occurred on 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 transaction, the chief technology officer owned 437,257 shares of the company’s stock, valued at $54,871,380.93. This trade represents a 10.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Olivier Pomel sold 68,922 shares of the stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $110.54, for a total transaction of $7,618,637.88. Following the transaction, the chief executive officer directly owned 704,821 shares in the company, valued at approximately $77,910,913.34. This represents a 8.91% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 654,018 shares of company stock worth $80,903,197. 6.67% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Datadog

A number of hedge funds have recently made changes to their positions in the business. PNC Financial Services Group Inc. raised its stake in shares of Datadog by 36.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 56,704 shares of the company’s stock valued at $6,694,000 after acquiring an additional 15,186 shares during the period. Andra AP fonden raised its stake in shares of Datadog by 43.3% in the 1st quarter. Andra AP fonden now owns 56,962 shares of the company’s stock valued at $6,724,000 after acquiring an additional 17,200 shares during the period. Amova Asset Management Americas Inc. raised its stake in shares of Datadog by 15.0% in the 1st quarter. Amova Asset Management Americas Inc. now owns 140,788 shares of the company’s stock valued at $16,616,000 after acquiring an additional 18,322 shares during the period. Earned Wealth Advisors LLC raised its stake in shares of Datadog by 52.2% in the 1st quarter. Earned Wealth Advisors LLC now owns 7,473 shares of the company’s stock valued at $882,000 after acquiring an additional 2,563 shares during the period. Finally, Meeder Advisory Services Inc. raised its stake in shares of Datadog by 1.7% in the 1st quarter. Meeder Advisory Services Inc. now owns 7,473 shares of the company’s stock valued at $882,000 after acquiring an additional 128 shares during the period. Hedge funds and other institutional investors own 78.29% of the company’s stock.

Datadog News Summary

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Datadog delivered a beat-and-raise quarter, with Q1 revenue of about $1.01 billion and EPS of $0.60 both ahead of estimates, while management lifted FY 2026 and Q2 guidance well above consensus. Datadog Q1 2026 Financial Results
• Positive Sentiment: Several major Wall Street firms raised price targets after the results, including Citigroup, RBC, Piper Sandler, Wedbush, TD Cowen, Morgan Stanley, Mizuho, and others, reinforcing the bullish case and supporting the stock’s rally. Analyst price target hikes
• Positive Sentiment: Management highlighted strong demand across AI-native and non-AI customers, plus growth in larger customers and new product launches, which suggests the growth story is broadening beyond one-time earnings strength. RBC commentary on Datadog
• Neutral Sentiment: Heavy call-option buying and elevated trading volume indicate strong short-term momentum, but some of the move may be trader-driven and could increase volatility. Options activity report
• Negative Sentiment: Several insiders, including the CTO, general counsel, and a director, sold shares in pre-arranged 10b5-1 transactions, which may temper enthusiasm for some investors even though the sales were scheduled in advance. SEC filing for insider sale

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.