Zacks Research Forecasts Datadog’s Q1 Earnings (NASDAQ:DDOG)

Datadog, Inc. (NASDAQ:DDOG) – Equities research analysts at Zacks Research raised their Q1 2025 earnings per share estimates for shares of Datadog in a research report issued on Thursday, January 16th. Zacks Research analyst R. Department now anticipates that the company will earn $0.13 per share for the quarter, up from their previous estimate of $0.12. The consensus estimate for Datadog’s current full-year earnings is $0.53 per share. Zacks Research also issued estimates for Datadog’s FY2025 earnings at $0.74 EPS, Q4 2026 earnings at $0.38 EPS and FY2026 earnings at $1.22 EPS.

Several other research analysts have also recently issued reports on the company. Truist Financial cut Datadog from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $170.00 to $150.00 in a research report on Tuesday, January 7th. Loop Capital upped their price objective on Datadog from $160.00 to $200.00 and gave the stock a “buy” rating in a research report on Monday, December 23rd. TD Cowen reissued a “buy” rating and issued a $165.00 target price on shares of Datadog in a research report on Tuesday, November 19th. Monness Crespi & Hardt raised Datadog from a “neutral” rating to a “buy” rating and set a $155.00 target price for the company in a research report on Thursday, November 7th. Finally, Royal Bank of Canada upped their target price on Datadog from $151.00 to $170.00 and gave the company an “outperform” rating in a research report on Friday, January 3rd. One investment analyst has rated the stock with a sell rating, three have given a hold rating, twenty-six have issued a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $158.45.

Datadog Stock Performance

NASDAQ:DDOG opened at $138.40 on Monday. The stock has a 50-day simple moving average of $146.35 and a 200-day simple moving average of $128.63. The stock has a market cap of $47.02 billion, a P/E ratio of 261.14, a P/E/G ratio of 16.31 and a beta of 1.14. Datadog has a 1 year low of $98.80 and a 1 year high of $170.08.

Institutional Investors Weigh In On Datadog

A number of large investors have recently bought and sold shares of DDOG. True Wealth Design LLC boosted its holdings in shares of Datadog by 12,000.0% during the third quarter. True Wealth Design LLC now owns 242 shares of the company’s stock worth $28,000 after purchasing an additional 240 shares during the last quarter. Retirement Wealth Solutions LLC acquired a new stake in shares of Datadog during the fourth quarter worth $30,000. Avior Wealth Management LLC boosted its holdings in shares of Datadog by 55.9% during the fourth quarter. Avior Wealth Management LLC now owns 226 shares of the company’s stock worth $32,000 after purchasing an additional 81 shares during the last quarter. Meeder Asset Management Inc. boosted its holdings in shares of Datadog by 66.5% during the third quarter. Meeder Asset Management Inc. now owns 288 shares of the company’s stock worth $33,000 after purchasing an additional 115 shares during the last quarter. Finally, Quarry LP acquired a new stake in shares of Datadog during the third quarter worth $33,000. Institutional investors and hedge funds own 78.29% of the company’s stock.

Insider Activity at Datadog

In other Datadog news, CEO Olivier Pomel sold 178,723 shares of the stock in a transaction on Monday, December 9th. The stock was sold at an average price of $161.28, for a total transaction of $28,824,445.44. Following the sale, the chief executive officer now owns 379,693 shares in the company, valued at approximately $61,236,887.04. This represents a 32.01 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, President Amit Agarwal sold 150,000 shares of the stock in a transaction on Friday, November 15th. The shares were sold at an average price of $126.03, for a total value of $18,904,500.00. Following the sale, the president now owns 214,275 shares in the company, valued at approximately $27,005,078.25. This trade represents a 41.18 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 617,679 shares of company stock valued at $88,668,671 in the last ninety days. Corporate insiders own 11.78% of the company’s stock.

Datadog Company Profile

Datadog, Inc operates an observability and security platform for cloud applications in North America and internationally. The company's products comprise infrastructure and application performance monitoring, log management, digital experience monitoring, continuous profiler, database monitoring, data streams and universal service monitoring, network monitoring, incident management, workflow automation, observability pipelines, cloud cost and cloud security management, application security management, cloud SIEM, sensitive data scanner, and CI visibility.