Dynatrace (NYSE:DT) Given New $60.00 Price Target at Truist Financial

Dynatrace (NYSE:DT) had its target price upped by Truist Financial from $55.00 to $60.00 in a research note issued to investors on Friday,Benzinga reports. Truist Financial currently has a buy rating on the stock.

A number of other brokerages have also issued reports on DT. KeyCorp increased their price target on Dynatrace from $53.00 to $61.00 and gave the company an “overweight” rating in a research note on Thursday, August 6th. Wolfe Research reissued an “outperform” rating and issued a $42.00 price objective on shares of Dynatrace in a research note on Thursday, May 14th. UBS Group upped their price objective on Dynatrace from $60.00 to $65.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Needham & Company LLC reaffirmed a “hold” rating on shares of Dynatrace in a research note on Thursday, June 25th. Finally, Guggenheim lowered Dynatrace from a “buy” rating to a “neutral” rating in a report on Wednesday, May 13th. Twenty-two investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat, Dynatrace has an average rating of “Moderate Buy” and an average price target of $53.96.

Dynatrace Trading Down 3.4%

DT stock opened at $49.03 on Friday. The firm’s 50-day moving average is $44.12 and its two-hundred day moving average is $39.93. The company has a market capitalization of $14.17 billion, a price-to-earnings ratio of 98.06, a price-to-earnings-growth ratio of 3.02 and a beta of 0.72. Dynatrace has a 52 week low of $31.64 and a 52 week high of $53.28.

Dynatrace (NYSE:DT) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.03. Dynatrace had a net margin of 7.22% and a return on equity of 11.07%. The business had revenue of $554.55 million during the quarter, compared to analysts’ expectations of $550.01 million. During the same period last year, the firm posted $0.42 earnings per share. The business’s revenue was up 16.3% on a year-over-year basis. Dynatrace has set its Q2 2027 guidance at 0.480-0.490 EPS and its FY 2027 guidance at 1.970-1.990 EPS. On average, equities research analysts predict that Dynatrace will post 1.14 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in DT. Brown Lisle Cummings Inc. boosted its stake in shares of Dynatrace by 218.8% during the 1st quarter. Brown Lisle Cummings Inc. now owns 797 shares of the company’s stock worth $29,000 after acquiring an additional 547 shares in the last quarter. RHL Group LLC acquired a new stake in shares of Dynatrace during the fourth quarter worth $30,000. CX Institutional raised its position in shares of Dynatrace by 1,119.0% during the second quarter. CX Institutional now owns 707 shares of the company’s stock worth $31,000 after purchasing an additional 649 shares during the period. Larson Financial Group LLC lifted its holdings in shares of Dynatrace by 168.8% during the fourth quarter. Larson Financial Group LLC now owns 809 shares of the company’s stock valued at $35,000 after purchasing an additional 508 shares during the last quarter. Finally, SJS Investment Consulting Inc. lifted its holdings in shares of Dynatrace by 577.2% during the first quarter. SJS Investment Consulting Inc. now owns 1,483 shares of the company’s stock valued at $55,000 after purchasing an additional 1,264 shares during the last quarter. Institutional investors and hedge funds own 94.28% of the company’s stock.

More Dynatrace News

Here are the key news stories impacting Dynatrace this week:

• Positive Sentiment: Dynatrace agreed to acquire Arize AI for approximately $915 million in cash and stock. The deal is intended to strengthen Dynatrace’s AI-observability capabilities by helping customers evaluate, operate and continuously improve AI applications from development through production. The acquisition could expand Dynatrace’s addressable market and accelerate its presence in enterprise AI. Dynatrace to Acquire AI Observability Leader Arize
• Positive Sentiment: Bank of America said the Arize transaction should help Dynatrace build its AI presence “more aggressively,” suggesting potential upside from broader AI functionality and cross-selling opportunities. Bank of America comments on Dynatrace buying Arize
• Positive Sentiment: Truist Financial raised its Dynatrace price target from $55 to $60 and assigned a “buy” rating, reflecting confidence in the company’s growth prospects and the strategic rationale for the acquisition. Benzinga analyst update
• Neutral Sentiment: The acquisition is structured as a cash-and-stock transaction. While it adds AI capabilities, investors may assess the $915 million purchase price, potential share dilution, integration challenges and the time required for the deal to contribute to results. Dynatrace to Acquire Arize
• Negative Sentiment: Zacks Research downgraded Dynatrace from “strong buy” to “hold,” adding pressure to the stock’s valuation, which remains elevated relative to earnings despite recent quarterly revenue and EPS beats. Zacks Research rating update

Dynatrace Company Profile

Dynatrace is a global software intelligence company specializing in application performance management (APM), cloud infrastructure monitoring, and digital experience management. Its flagship offering, the Dynatrace Software Intelligence Platform, leverages artificial intelligence to provide real-time observability across distributed environments, including on-premises data centers, private clouds, public clouds and hybrid deployments. Organizations rely on Dynatrace to detect anomalies, troubleshoot performance issues and optimize end-user experiences through automated root-cause analysis powered by the company’s engine, Davis.

The Dynatrace platform comprises modules for full-stack application monitoring, digital experience monitoring, infrastructure monitoring and business analytics.