BTIG Research Issues Pessimistic Forecast for Datadog (NASDAQ:DDOG) Stock Price

Datadog (NASDAQ:DDOG) had its price objective decreased by stock analysts at BTIG Research from $289.00 to $260.00 in a research report issued on Wednesday, Benzinga reports. The brokerage currently has a “buy” rating on the stock. BTIG Research‘s price objective indicates a potential upside of 38.28% from the stock’s current price.

Several other analysts have also recently weighed in on the stock. KeyCorp upped their price objective on shares of Datadog from $225.00 to $320.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Weiss Ratings raised Datadog from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, October 8th. Royal Bank Of Canada raised their price target on Datadog from $280.00 to $320.00 and gave the stock an “outperform” rating in a research report on Monday, October 12th. Wells Fargo & Company lifted their price objective on Datadog from $295.00 to $325.00 and gave the company an “overweight” rating in a report on Wednesday, October 28th. Finally, The Goldman Sachs Group reiterated a “sell” rating and issued a $158.00 price objective on shares of Datadog in a research report on Friday, August 7th. Three analysts have rated the stock with a Strong Buy rating, forty have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $287.35.

Datadog Stock Performance

Datadog stock traded down $32.49 on Wednesday, reaching $188.03. 7,893,415 shares of the stock were exchanged, compared to its average volume of 5,078,675. The stock has a market cap of $67.52 billion, a PE ratio of 384.96, a PEG ratio of 21.09 and a beta of 1.50. The company has a current ratio of 3.20, a quick ratio of 3.20 and a debt-to-equity ratio of 0.23. Datadog has a twelve month low of $98.01 and a twelve month high of $300.68. The firm has a fifty day moving average price of $250.77 and a two-hundred day moving average price of $199.09.

Datadog (NASDAQ:DDOG) last released its quarterly earnings results on Wednesday, November 4th. The company reported $0.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.64 by $0.17. The company had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.15 billion. Datadog had a net margin of 4.48% and a return on equity of 5.67%. The business’s quarterly revenue was up 35.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.55 earnings per share. Sell-side analysts anticipate that Datadog will post 0.70 EPS for the current year.

Insider Transactions at Datadog

In other news, insider Yanbing Li sold 12,700 shares of the business’s stock in a transaction on Friday, September 11th. The shares were sold at an average price of $221.26, for a total value of $2,810,002.00. Following the sale, the insider owned 250,446 shares of the company’s stock, valued at $55,413,681.96. The trade was a 4.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CRO Sean Walters sold 11,710 shares of the stock in a transaction on Friday, September 11th. The stock was sold at an average price of $221.04, for a total transaction of $2,588,378.40. Following the transaction, the executive owned 233,135 shares of the company’s stock, valued at $51,532,160.40. The trade was a 4.78% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 765,293 shares of company stock worth $180,233,548. Corporate insiders own 6.48% of the company’s stock.

Institutional Investors Weigh In On Datadog

Large investors have recently added to or reduced their stakes in the business. First Trust Advisors LP raised its position in shares of Datadog by 81.5% in the first quarter. First Trust Advisors LP now owns 3,685,562 shares of the company’s stock valued at $435,081,000 after purchasing an additional 1,654,429 shares during the period. Assenagon Asset Management S.A. boosted its holdings in shares of Datadog by 197.9% during the 3rd quarter. Assenagon Asset Management S.A. now owns 2,443,008 shares of the company’s stock worth $669,018,000 after buying an additional 1,622,904 shares during the period. Janus Henderson Group PLC grew its stake in Datadog by 22.8% in the 1st quarter. Janus Henderson Group PLC now owns 7,749,569 shares of the company’s stock valued at $905,570,000 after buying an additional 1,439,082 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its stake in Datadog by 162.2% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,571,018 shares of the company’s stock valued at $185,459,000 after buying an additional 971,910 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in Datadog by 30.3% in the 1st quarter. Bank of New York Mellon Corp now owns 2,645,827 shares of the company’s stock valued at $312,340,000 after acquiring an additional 615,090 shares during the period. 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: Q3 revenue rose 35.2% year over year to $1.20 billion, beating the $1.15 billion consensus, while adjusted EPS of $0.81 topped estimates of $0.64. Datadog also reported stronger operational results and raised its guidance. Datadog Announces Third Quarter 2026 Financial Results
• Positive Sentiment: Customer expansion was notable: Datadog had about 4,860 customers generating at least $100,000 in annual recurring revenue, up from roughly 4,060 a year earlier. The company also launched Scout 1.0, its first specialized model, for its Bits Investigation product. Datadog Announces Third Quarter 2026 Financial Results
• Negative Sentiment: The main concern is the fourth-quarter outlook: revenue is expected to be around $1.20 billion, roughly flat with Q3. Investors may see this as a slowdown after 35% annual growth, making the outlook disappointing relative to elevated expectations despite the quarterly beat. Datadog Guides Q4 Sales Flat After 35% Growth

About Datadog

Datadog, Inc is a technology company that provides a cloud-based monitoring and security platform for applications, infrastructure and other technology environments. Its platform helps organizations collect, analyze and visualize data from servers, databases, containers, cloud services, applications and user interactions in a unified environment.

Datadog’s products include infrastructure monitoring, application performance monitoring, log management, real user monitoring, synthetic monitoring, network performance monitoring, cloud security, software delivery tools and incident-management capabilities.