Datadog (NASDAQ:DDOG) Price Target Raised to $260.00

Datadog (NASDAQ:DDOG) had its price target lifted by investment analysts at Bank of America from $225.00 to $260.00 in a report released on Thursday,MarketScreener reports. Bank of America‘s price objective suggests a potential upside of 15.05% from the company’s current price.

DDOG has been the topic of a number of other reports. Wall Street Zen upgraded Datadog from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. TD Cowen increased their price target on shares of Datadog from $190.00 to $235.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Monness Crespi & Hardt raised their price objective on shares of Datadog from $255.00 to $270.00 in a report on Thursday, May 7th. BTIG Research lifted their price objective on shares of Datadog from $212.00 to $255.00 and gave the stock a “buy” rating in a research report on Tuesday. Finally, Canaccord Genuity Group set a $225.00 target price on shares of Datadog in a research note on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, one has issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $218.95.

Datadog Stock Performance

Shares of Datadog stock traded up $4.17 during mid-day trading on Thursday, hitting $225.98. 1,442,358 shares of the stock were exchanged, compared to its average volume of 5,796,750. Datadog has a 12 month low of $98.01 and a 12 month high of $235.00. The company has a 50-day simple moving average of $149.96 and a 200 day simple moving average of $142.10. The company has a market capitalization of $80.44 billion, a P/E ratio of 592.22, a P/E/G ratio of 41.91 and a beta of 1.30. 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 (NASDAQ:DDOG) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.60 EPS for the quarter, beating analysts’ consensus estimates of $0.51 by $0.09. The company had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $960.12 million. Datadog had a return on equity of 4.83% and a net margin of 3.69%.Datadog’s revenue was up 32.1% on a year-over-year basis. During the same period last year, the business posted $0.46 earnings per share. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. Sell-side analysts anticipate that Datadog will post 0.61 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CEO Olivier Pomel sold 127,141 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $199.84, for a total transaction of $25,407,857.44. Following the sale, the chief executive officer directly owned 835,679 shares in the company, valued at approximately $167,002,091.36. This represents a 13.21% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Alexis Le-Quoc sold 43,224 shares of the firm’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $208.04, for a total transaction of $8,992,320.96. Following the completion of the transaction, the chief technology officer directly owned 531,311 shares of the company’s stock, valued at approximately $110,533,940.44. This trade represents a 7.52% decrease in their ownership of the stock. 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. Over the last quarter, insiders have sold 885,963 shares of company stock valued at $130,015,444. Corporate insiders own 6.48% of the company’s stock.

Institutional Trading of Datadog

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Rothschild Investment LLC boosted its stake in Datadog by 126.6% in the 3rd quarter. Rothschild Investment LLC now owns 179 shares of the company’s stock worth $25,000 after purchasing an additional 100 shares during the period. Physician Wealth Advisors Inc. increased its position in shares of Datadog by 315.2% during the third quarter. Physician Wealth Advisors Inc. now owns 191 shares of the company’s stock valued at $27,000 after buying an additional 145 shares during the period. Westside Investment Management Inc. increased its position in shares of Datadog by 74.3% during the third quarter. Westside Investment Management Inc. now owns 176 shares of the company’s stock valued at $27,000 after buying an additional 75 shares during the period. JPL Wealth Management LLC purchased a new stake in shares of Datadog in the third quarter worth about $27,000. Finally, Hazlett Burt & Watson Inc. bought a new position in shares of Datadog in the third quarter valued at approximately $28,000. 78.29% of the stock is currently owned by institutional investors.

Datadog Company Profile

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.