Analysts Set Datadog, Inc. (NASDAQ:DDOG) Target Price at $162.37

Shares of Datadog, Inc. (NASDAQ:DDOG) have been assigned a consensus rating of “Moderate Buy” from the thirty-two research firms that are presently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, four have issued a hold rating and twenty-six have issued a buy rating on the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $163.9667.

Several equities analysts recently weighed in on DDOG shares. Mizuho lifted their target price on Datadog from $155.00 to $170.00 and gave the company an “outperform” rating in a research report on Friday, October 17th. Citigroup lifted their price objective on Datadog from $165.00 to $170.00 and gave the company a “buy” rating in a research report on Monday, August 18th. DA Davidson increased their target price on shares of Datadog from $170.00 to $180.00 and gave the stock a “buy” rating in a report on Friday, October 3rd. Bank of America lifted their price target on shares of Datadog from $150.00 to $175.00 and gave the company a “buy” rating in a report on Monday, July 7th. Finally, Barclays set a $170.00 price target on shares of Datadog and gave the stock an “overweight” rating in a research report on Thursday, August 7th.

Datadog Stock Performance

Shares of DDOG stock opened at $156.47 on Wednesday. The company has a quick ratio of 3.43, a current ratio of 3.43 and a debt-to-equity ratio of 0.31. The company has a 50 day moving average price of $143.14 and a 200-day moving average price of $129.33. Datadog has a 52 week low of $81.63 and a 52 week high of $170.08. The firm has a market capitalization of $54.57 billion, a PE ratio of 447.07, a P/E/G ratio of 61.27 and a beta of 1.21.

Datadog (NASDAQ:DDOG) last announced its earnings results on Thursday, August 7th. The company reported $0.46 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.05. The business had revenue of $826.76 million during the quarter, compared to analyst estimates of $791.72 million. Datadog had a net margin of 4.13% and a return on equity of 5.04%. The company’s quarterly revenue was up 28.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.43 EPS. Datadog has set its Q3 2025 guidance at 0.440-0.460 EPS. FY 2025 guidance at 1.800-1.830 EPS. As a group, equities research analysts expect that Datadog will post 0.34 earnings per share for the current year.

Insiders Place Their Bets

In related news, Director Amit Agarwal sold 45,444 shares of the stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $150.08, for a total transaction of $6,820,235.52. Following the completion of the sale, the director owned 1,640 shares in the company, valued at approximately $246,131.20. This trade represents a 96.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Olivier Pomel sold 11,195 shares of Datadog stock in a transaction that occurred on Wednesday, October 22nd. The shares were sold at an average price of $154.35, for a total value of $1,727,948.25. Following the sale, the chief executive officer directly owned 533,358 shares in the company, valued at $82,323,807.30. This trade represents a 2.06% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 1,502,427 shares of company stock worth $204,632,679 in the last three months. 8.70% of the stock is owned by company insiders.

Institutional Investors Weigh In On Datadog

Institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its holdings in shares of Datadog by 2.4% in the second quarter. Vanguard Group Inc. now owns 32,153,489 shares of the company’s stock worth $4,319,178,000 after buying an additional 740,457 shares in the last quarter. Baillie Gifford & Co. increased its holdings in Datadog by 12.6% in the 1st quarter. Baillie Gifford & Co. now owns 12,274,655 shares of the company’s stock valued at $1,217,769,000 after acquiring an additional 1,369,522 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in Datadog by 259.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 8,658,340 shares of the company’s stock worth $858,994,000 after purchasing an additional 6,250,942 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its stake in Datadog by 23.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,729,254 shares of the company’s stock worth $667,611,000 after purchasing an additional 1,261,065 shares in the last quarter. Finally, Brown Advisory Inc. boosted its holdings in shares of Datadog by 23.3% during the 2nd quarter. Brown Advisory Inc. now owns 5,983,687 shares of the company’s stock valued at $803,793,000 after purchasing an additional 1,130,675 shares during the last quarter. 78.29% of the stock is owned by hedge funds and other institutional investors.

About Datadog

Datadog, Inc operates an observability and security platform for cloud applications in North America and internationally. The company's products comprise infrastructure and application performance monitoring, log management, digital experience monitoring, continuous profiler, database monitoring, data streams and universal service monitoring, network monitoring, incident management, workflow automation, observability pipelines, cloud cost and cloud security management, application security management, cloud SIEM, sensitive data scanner, and CI visibility.