Dynatrace (NYSE:DT) Given New $62.00 Price Target at BTIG Research

Dynatrace (NYSE:DT) had its target price lifted by research analysts at BTIG Research from $47.00 to $62.00 in a research report issued on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. BTIG Research’s price target points to a potential upside of 20.46% from the stock’s previous close.

Other equities analysts have also recently issued research reports about the company. UBS Group upgraded Dynatrace from a “neutral” rating to a “buy” rating and raised their target price for the stock from $36.00 to $60.00 in a report on Monday, June 15th. Jefferies Financial Group reaffirmed a “hold” rating on shares of Dynatrace in a research note on Tuesday, July 21st. BMO Capital Markets increased their price target on shares of Dynatrace from $43.00 to $50.00 and gave the company an “outperform” rating in a research report on Tuesday, June 16th. Cantor Fitzgerald lifted their price objective on shares of Dynatrace from $37.00 to $47.00 and gave the stock a “neutral” rating in a research note on Monday. Finally, Wedbush set a $48.00 price objective on shares of Dynatrace in a report on Friday, May 15th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, Dynatrace has an average rating of “Moderate Buy” and an average price target of $50.38.

Dynatrace Stock Up 12.6%

NYSE DT traded up $5.76 during trading hours on Wednesday, hitting $51.47. The company’s stock had a trading volume of 9,498,491 shares, compared to its average volume of 6,276,150. Dynatrace has a twelve month low of $31.64 and a twelve month high of $53.29. The firm has a market capitalization of $14.94 billion, a P/E ratio of 95.61, a PEG ratio of 2.87 and a beta of 0.72. The stock has a fifty day moving average of $42.97 and a 200 day moving average of $39.37.

Dynatrace (NYSE:DT) last issued its earnings results on Wednesday, August 5th. The company reported $0.48 EPS for the quarter, beating the consensus estimate of $0.44 by $0.04. Dynatrace had a net margin of 8.06% and a return on equity of 10.37%. The company had revenue of $554.55 million during the quarter, compared to analysts’ expectations of $549.46 million. During the same quarter in the previous year, the company posted $0.42 EPS. The business’s revenue for the quarter was up 16.3% compared to the same quarter last year. Dynatrace has set its Q2 2027 guidance at 0.480-0.490 EPS and its FY 2027 guidance at 1.970-1.990 EPS. On average, analysts predict that Dynatrace will post 1.11 earnings per share for the current year.

Hedge Funds Weigh In On Dynatrace

Several institutional investors have recently modified their holdings of the business. Pictet Asset Management Holding SA raised its holdings in Dynatrace by 7.9% during the 1st quarter. Pictet Asset Management Holding SA now owns 15,809,223 shares of the company’s stock worth $584,649,000 after buying an additional 1,160,690 shares during the period. State Street Corp raised its holdings in shares of Dynatrace by 1.0% during the fourth quarter. State Street Corp now owns 10,664,357 shares of the company’s stock worth $462,193,000 after acquiring an additional 101,994 shares during the period. Bank of America Corp DE raised its holdings in shares of Dynatrace by 304.7% during the first quarter. Bank of America Corp DE now owns 9,357,612 shares of the company’s stock worth $346,044,000 after acquiring an additional 7,045,591 shares during the period. Wellington Management Group LLP lifted its position in Dynatrace by 9.0% in the 4th quarter. Wellington Management Group LLP now owns 7,999,919 shares of the company’s stock valued at $346,716,000 after acquiring an additional 659,792 shares in the last quarter. Finally, First Trust Advisors LP lifted its position in Dynatrace by 706.8% in the 1st quarter. First Trust Advisors LP now owns 6,801,507 shares of the company’s stock valued at $251,520,000 after acquiring an additional 5,958,505 shares in the last quarter. Institutional investors own 94.28% of the company’s stock.

More Dynatrace News

Here are the key news stories impacting Dynatrace this week:

• Positive Sentiment: Dynatrace reported fiscal Q1 earnings of $0.48 per share, above the $0.44-$0.45 analyst consensus and up from $0.42 a year earlier. Revenue reached $554.55 million, exceeding estimates of approximately $549.5 million and increasing 16.3% year over year. Dynatrace Q1 Earnings and Revenues Top Estimates
• Positive Sentiment: Management highlighted 41% organic net new annual recurring revenue growth, suggesting stronger customer demand and momentum from enterprise cloud adoption and AI-related spending. Key operating metrics also reportedly topped expectations. Dynatrace Reports First Quarter Fiscal Year 2027 Financial Results
• Positive Sentiment: Fiscal 2027 adjusted EPS guidance was raised or set at $1.97-$1.99, well above the roughly $1.78 consensus. Second-quarter EPS guidance of $0.48-$0.49 also exceeded the $0.44 estimate, supporting expectations for continued earnings growth.
• Neutral Sentiment: Full-year revenue guidance of approximately $2.3 billion was broadly in line with analyst expectations, limiting the upside from the earnings outlook. Dynatrace Earnings and Revenue Report
• Negative Sentiment: Second-quarter revenue guidance of $565 million-$570 million was slightly below the $570.1 million consensus, and reports noted a modest reduction to fiscal 2027 revenue expectations. This could temper the valuation benefit from the strong EPS outlook.
• Neutral Sentiment: Analyst sentiment remains generally constructive but valuation expectations vary: Rosenblatt reaffirmed a Buy rating with a $52 price target, while Cantor Fitzgerald raised its target to $47. Cantor Fitzgerald Raises Dynatrace Price Target

Dynatrace Company Profile

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.