BMO Capital Markets Boosts Datadog (NASDAQ:DDOG) Price Target to $220.00

Datadog (NASDAQ:DDOG) had its price target increased by analysts at BMO Capital Markets from $165.00 to $220.00 in a research note issued on Friday, Marketbeat Ratings reports. The firm currently has an “outperform” rating on the stock. BMO Capital Markets’ target price would indicate a potential upside of 9.91% from the company’s current price.

DDOG has been the subject of a number of other research reports. Canaccord Genuity Group restated a “buy” rating on shares of Datadog in a research report on Wednesday, February 11th. UBS Group set a $195.00 price objective on Datadog in a research report on Monday, February 9th. Stifel Nicolaus set a $305.00 price objective on Datadog in a research note on Thursday. Mizuho increased their target price on shares of Datadog from $145.00 to $220.00 and gave the stock an “outperform” rating in a report on Friday. Finally, Jefferies Financial Group set a $210.00 target price on shares of Datadog and gave the stock a “buy” rating in a research note on Thursday. One research 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 assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $211.76.

Datadog Trading Up 6.1%

Shares of DDOG stock opened at $200.16 on Friday. Datadog has a 1 year low of $98.01 and a 1 year high of $201.69. The firm has a fifty day moving average price of $124.41 and a 200-day moving average price of $136.98. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.40 and a quick ratio of 3.38. The company has a market cap of $70.57 billion, a price-to-earnings ratio of 526.75, a PEG ratio of 72.45 and a beta of 1.30.

Datadog (NASDAQ:DDOG) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.51 by $0.09. Datadog had a return on equity of 4.83% and a net margin of 3.69%.The firm had revenue of $1.01 billion during the quarter, compared to analyst estimates of $960.12 million. During the same period in the prior year, the business posted $0.46 EPS. Datadog’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. As a group, equities analysts predict that Datadog will post 0.32 earnings per share for the current year.

Insider Activity

In other Datadog news, CRO Sean Michael Walters sold 1,914 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $150.00, for a total value of $287,100.00. Following the completion of the transaction, the executive directly owned 291,267 shares in the company, valued at $43,690,050. This represents a 0.65% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Alexis Le-Quoc sold 43,106 shares of the company’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $144.93, for a total value of $6,247,352.58. Following the completion of the transaction, the chief technology officer owned 531,311 shares of the company’s stock, valued at $77,002,903.23. The trade was a 7.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 654,018 shares of company stock valued at $80,903,197 in the last three months. 6.67% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Datadog

Several hedge funds have recently modified their holdings of DDOG. Brighton Jones LLC bought a new position in shares of Datadog during the fourth quarter worth $209,000. Bison Wealth LLC bought a new stake in Datadog in the 4th quarter valued at $228,000. Empowered Funds LLC lifted its stake in Datadog by 7.0% in the 1st quarter. Empowered Funds LLC now owns 10,313 shares of the company’s stock worth $1,023,000 after purchasing an additional 672 shares in the last quarter. Geneos Wealth Management Inc. boosted its holdings in shares of Datadog by 17.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 769 shares of the company’s stock valued at $76,000 after purchasing an additional 115 shares during the last quarter. Finally, Sivia Capital Partners LLC bought a new position in shares of Datadog during the 2nd quarter valued at about $509,000. Hedge funds and other institutional investors own 78.29% of the company’s stock.

Key Stories Impacting Datadog

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.