Citizens Jmp Issues Positive Forecast for Datadog (NASDAQ:DDOG) Stock Price

Datadog (NASDAQ:DDOG) had its target price increased by research analysts at Citizens Jmp from $225.00 to $311.00 in a report released on Monday,Benzinga reports. The brokerage currently has a “market outperform” rating on the stock. Citizens Jmp’s price target points to a potential upside of 16.84% from the company’s previous close.

DDOG has been the topic of a number of other reports. Robert W. Baird set a $210.00 price objective on shares of Datadog in a research note on Friday, May 8th. Piper Sandler reaffirmed an “overweight” rating and issued a $275.00 price target (up from $230.00) on shares of Datadog in a research note on Wednesday, June 10th. Jefferies Financial Group upgraded shares of Datadog from a “buy” rating to a “buy” rating in a report on Monday, June 15th. Benchmark upped their target price on shares of Datadog from $260.00 to $330.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. Finally, Capital One Financial boosted their price target on shares of Datadog from $217.00 to $268.00 and gave the company an “overweight” rating in a report on Wednesday, June 17th. Two investment analysts have rated the stock with a Strong Buy rating, forty have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Datadog currently has a consensus rating of “Moderate Buy” and an average target price of $256.80.

Datadog Trading Up 2.9%

Shares of Datadog stock opened at $266.17 on Monday. The company has a current ratio of 3.40, a quick ratio of 3.40 and a debt-to-equity ratio of 0.25. The company has a market cap of $94.75 billion, a price-to-earnings ratio of 695.11, a PEG ratio of 26.30 and a beta of 1.54. The company’s fifty day simple moving average is $236.67 and its 200-day simple moving average is $164.73. Datadog has a 1 year low of $98.01 and a 1 year high of $278.70.

Datadog (NASDAQ:DDOG) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) for the quarter, beating 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 business had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $960.12 million. During the same period in the previous year, the business posted $0.46 earnings per share. Datadog’s quarterly 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, sell-side analysts expect that Datadog will post 0.64 EPS for the current year.

Insider Buying and Selling at Datadog

In other Datadog news, CEO Olivier Pomel sold 127,141 shares of the stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $199.84, for a total transaction of $25,407,857.44. Following the completion of the sale, the chief executive officer directly owned 835,679 shares in the company, valued at approximately $167,002,091.36. This trade represents a 13.21% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Dev Ittycheria sold 120,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $248.78, for a total value of $29,853,600.00. Following the completion of the transaction, the director directly owned 39,235 shares in the company, valued at approximately $9,760,883.30. This trade represents a 75.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,439,533 shares of company stock worth $323,367,430 over the last 90 days. Company insiders own 6.48% of the company’s stock.

Hedge Funds Weigh In On Datadog

A number of institutional investors and hedge funds have recently made changes to their positions in DDOG. JPL Wealth Management LLC bought a new stake in shares of Datadog during the third quarter worth about $27,000. CoreCap Advisors LLC grew its holdings in Datadog by 1,461.5% during the fourth quarter. CoreCap Advisors LLC now owns 203 shares of the company’s stock worth $28,000 after buying an additional 190 shares in the last quarter. Flagship Harbor Advisors LLC purchased a new stake in Datadog in the 4th quarter valued at $31,000. NBC Securities Inc. raised its position in Datadog by 242.6% in the 4th quarter. NBC Securities Inc. now owns 233 shares of the company’s stock valued at $32,000 after buying an additional 165 shares during the last quarter. Finally, Rothschild Investment LLC lifted its stake in Datadog by 52.5% during the 4th quarter. Rothschild Investment LLC now owns 273 shares of the company’s stock valued at $37,000 after acquiring an additional 94 shares in the last quarter. Institutional investors own 78.29% of the company’s stock.

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.