Datadog (NASDAQ:DDOG) Price Target Raised to $300.00

Datadog (NASDAQ:DDOG) had its target price boosted by Oppenheimer from $220.00 to $300.00 in a report released on Monday, Marketbeat reports. Oppenheimer currently has an outperform rating on the stock.

Several other equities research analysts also recently issued reports on DDOG. Barclays boosted their price objective on Datadog from $215.00 to $260.00 and gave the company an “overweight” rating in a report on Wednesday, June 10th. Weiss Ratings upgraded Datadog from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, July 14th. Raymond James Financial lifted their target price on Datadog from $170.00 to $220.00 in a research report on Thursday, May 7th. Citigroup reiterated a “market outperform” rating on shares of Datadog in a research note on Monday. Finally, Wolfe Research reiterated an “outperform” rating and set a $295.00 price target on shares of Datadog in a research note on Thursday, June 11th. Two research analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $261.68.

Datadog Stock Down 3.5%

Datadog stock opened at $245.77 on Monday. The company has a market capitalization of $87.48 billion, a PE ratio of 646.78, a price-to-earnings-growth ratio of 25.91 and a beta of 1.54. The company has a debt-to-equity ratio of 0.25, a quick ratio of 3.40 and a current ratio of 3.40. Datadog has a fifty-two week low of $98.01 and a fifty-two week high of $278.70. The firm has a 50 day moving average price of $239.79 and a 200 day moving average price of $167.23.

Datadog (NASDAQ:DDOG) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.51 by $0.09. Datadog had a return on equity of 4.83% and a net margin of 3.69%.The company had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $960.12 million. During the same period in the prior year, the firm earned $0.46 earnings per share. The firm’s revenue was up 32.1% compared to the same quarter last year. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. Research analysts expect that Datadog will post 0.64 earnings per share for the current year.

Insider Activity

In related news, CEO Olivier Pomel sold 84,698 shares of the firm’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $232.30, for a total value of $19,675,345.40. Following the sale, the chief executive officer owned 612,747 shares of the company’s stock, valued at $142,341,128.10. This trade represents a 12.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Michael James Callahan sold 12,500 shares of Datadog stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $267.47, for a total transaction of $3,343,375.00. Following the completion of the transaction, the director owned 14,996 shares of the company’s stock, valued at $4,010,980.12. This represents a 45.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 1,396,309 shares of company stock valued at $317,712,002. 6.48% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Datadog

Several institutional investors have recently modified their holdings of DDOG. Elevation Point Wealth Partners LLC raised its position in shares of Datadog by 3.3% during the 3rd quarter. Elevation Point Wealth Partners LLC now owns 1,697 shares of the company’s stock worth $242,000 after acquiring an additional 55 shares in the last quarter. Chicago Partners Investment Group LLC boosted its holdings in Datadog by 1.6% in the fourth quarter. Chicago Partners Investment Group LLC now owns 4,778 shares of the company’s stock valued at $622,000 after purchasing an additional 73 shares in the last quarter. Vivaldi Capital Management LP boosted its holdings in Datadog by 2.8% in the third quarter. Vivaldi Capital Management LP now owns 2,689 shares of the company’s stock valued at $383,000 after purchasing an additional 74 shares in the last quarter. State of Wyoming increased its stake in Datadog by 4.1% in the first quarter. State of Wyoming now owns 1,946 shares of the company’s stock valued at $230,000 after purchasing an additional 76 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its stake in Datadog by 2.0% in the fourth quarter. Farther Finance Advisors LLC now owns 3,892 shares of the company’s stock valued at $529,000 after purchasing an additional 78 shares during the last quarter. 78.29% of the stock is owned by hedge funds and other institutional investors.

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.