Datadog (NASDAQ:DDOG) Price Target Raised to $327.00

Datadog (NASDAQ:DDOG) had its price target upped by Cantor Fitzgerald from $226.00 to $327.00 in a research note issued to investors on Monday, MarketBeat Ratings reports. Cantor Fitzgerald currently has an overweight rating on the stock.

Several other equities analysts also recently issued reports on the company. Canadian Imperial Bank of Commerce upped their target price on Datadog from $250.00 to $280.00 and gave the company an “outperform” rating in a research report on Wednesday, June 10th. Wells Fargo & Company lifted their price target on Datadog from $230.00 to $295.00 and gave the stock an “overweight” rating in a research report on Monday, July 20th. Guggenheim boosted their price target on Datadog from $225.00 to $300.00 and gave the company a “buy” rating in a research note on Wednesday, July 22nd. Daiwa Securities Group increased their price objective on Datadog from $190.00 to $240.00 and gave the company a “buy” rating in a report on Wednesday, May 13th. Finally, Sanford C. Bernstein cut Datadog from an “outperform” rating to a “market perform” rating and raised their price objective for the stock from $180.00 to $226.00 in a research note on Monday, July 6th. Two research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Datadog currently has an average rating of “Moderate Buy” and a consensus price target of $271.57.

Datadog Trading Down 1.7%

Shares of Datadog stock opened at $283.17 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. Datadog has a 12-month low of $98.01 and a 12-month high of $292.72. The firm has a market capitalization of $100.80 billion, a price-to-earnings ratio of 745.20, a PEG ratio of 29.19 and a beta of 1.54. The firm’s 50 day simple moving average is $249.48 and its two-hundred day simple moving average is $176.68.

Datadog (NASDAQ:DDOG) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.51 by $0.09. The business had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $960.12 million. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The business’s quarterly revenue was up 32.1% on a year-over-year basis. During the same quarter last year, the company posted $0.46 earnings per share. Analysts predict that Datadog will post 0.64 EPS for the current year.

Insider Activity at Datadog

In other Datadog news, CFO David M. Obstler sold 75,000 shares of Datadog stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $231.69, for a total transaction of $17,376,750.00. Following the completion of the transaction, the chief financial officer owned 434,591 shares in the company, valued at approximately $100,690,388.79. This trade represents a 14.72% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Alexis Le-Quoc sold 53,912 shares of Datadog stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $271.05, for a total value of $14,612,847.60. Following the transaction, the chief technology officer owned 531,311 shares of the company’s stock, valued at $144,011,846.55. The trade was a 9.21% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 1,437,118 shares of company stock valued at $337,708,784 over the last ninety days. Corporate insiders own 6.48% of the company’s stock.

Institutional Trading of Datadog

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Price T Rowe Associates Inc. MD lifted its holdings in Datadog by 7.1% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 14,423,814 shares of the company’s stock valued at $1,961,496,000 after acquiring an additional 956,993 shares during the period. State Street Corp grew its stake in shares of Datadog by 106.8% during the 3rd quarter. State Street Corp now owns 13,732,777 shares of the company’s stock worth $1,955,547,000 after purchasing an additional 7,091,075 shares during the period. Geode Capital Management LLC grew its stake in shares of Datadog by 2.2% during the 4th quarter. Geode Capital Management LLC now owns 9,056,086 shares of the company’s stock worth $1,227,184,000 after purchasing an additional 197,816 shares during the period. Janus Henderson Group PLC increased its holdings in shares of Datadog by 22.8% during the 1st quarter. Janus Henderson Group PLC now owns 7,749,569 shares of the company’s stock valued at $905,570,000 after purchasing an additional 1,439,082 shares in the last quarter. Finally, Jennison Associates LLC increased its holdings in shares of Datadog by 43.7% during the 4th quarter. Jennison Associates LLC now owns 7,623,993 shares of the company’s stock valued at $1,036,787,000 after purchasing an additional 2,316,994 shares in the last quarter. 78.29% of the stock is owned by institutional investors and hedge funds.

Datadog News Summary

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Analysts continue to raise their expectations. Cantor Fitzgerald lifted its price target to $327 and maintained an overweight rating, while Canaccord Genuity raised its target to $295 and Rosenblatt Securities increased its target to $305; all three firms retained buy-equivalent ratings. These revisions reflect confidence in Datadog’s AI products, platform expansion and demand for observability and security tools. Cantor Fitzgerald price target article
• Positive Sentiment: Datadog enters its earnings report with solid operating momentum. The company’s prior quarter delivered revenue of $1.01 billion, up 32.1% year over year, and adjusted earnings of $0.60 per share, exceeding consensus estimates. Investors are looking for continued customer additions, usage growth and traction from AI-related products in the upcoming results. Datadog Q2 earnings outlook
• Neutral Sentiment: Datadog will present at several investor conferences, including Canaccord Genuity’s Growth Conference on August 12, Citi’s Global TMT Conference on September 8 and Goldman Sachs’ Communacopia & Technology Conference. The events could provide updates on demand, AI adoption and guidance, but the announcement itself does not change financial forecasts. Datadog investor conferences announcement
• Negative Sentiment: Valuation and earnings risk remain significant. Datadog trades at a very high earnings multiple, so any shortfall in revenue growth, margins, customer metrics or forward guidance could trigger volatility. The company is expected to report quarterly earnings on Thursday, making the near-term reaction especially dependent on results relative to elevated expectations. Datadog Q2 earnings preview
• Negative Sentiment: Director Amit Agarwal sold 20,000 shares for approximately $5.3 million, reducing his direct ownership by more than 92%. The sale was conducted under a pre-arranged Rule 10b5-1 plan, limiting its bearish significance, but repeated insider selling may still weigh modestly on sentiment. SEC insider transaction filing

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.