Datadog, Inc. (NASDAQ:DDOG – Free Report) – Equities research analysts at Cantor Fitzgerald issued their FY2026 earnings estimates for Datadog in a research report issued on Monday, June 9th. Cantor Fitzgerald analyst T. Blakey forecasts that the company will post earnings of $0.44 per share for the year. Cantor Fitzgerald currently has a “Overweight” rating and a $134.00 price target on the stock. The consensus estimate for Datadog’s current full-year earnings is $0.34 per share.
DDOG has been the subject of several other research reports. Rosenblatt Securities lowered their target price on shares of Datadog from $160.00 to $150.00 and set a “buy” rating for the company in a research note on Monday, May 5th. JMP Securities reiterated a “market perform” rating on shares of Datadog in a research note on Friday, February 14th. Truist Financial lowered their target price on shares of Datadog from $140.00 to $120.00 and set a “hold” rating for the company in a research note on Monday, March 31st. Needham & Company LLC lowered their target price on shares of Datadog from $160.00 to $130.00 and set a “buy” rating for the company in a research note on Wednesday, May 7th. Finally, Wolfe Research lowered shares of Datadog from an “outperform” rating to a “peer perform” rating in a research note on Tuesday, February 18th. Seven investment analysts have rated the stock with a hold rating and twenty-three have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $141.59.
Datadog Price Performance
DDOG stock opened at $118.63 on Tuesday. Datadog has a 1-year low of $81.63 and a 1-year high of $170.08. The firm has a fifty day moving average price of $106.65 and a two-hundred day moving average price of $124.02. The firm has a market cap of $40.97 billion, a price-to-earnings ratio of 232.61, a PEG ratio of 44.03 and a beta of 1.01.
Datadog (NASDAQ:DDOG – Get Free Report) last released its earnings results on Tuesday, May 6th. The company reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.04. Datadog had a net margin of 6.85% and a return on equity of 8.28%. The firm had revenue of $761.55 million during the quarter, compared to analyst estimates of $741.73 million. During the same quarter in the previous year, the firm earned $0.44 earnings per share. The firm’s revenue for the quarter was up 24.6% compared to the same quarter last year.
Insider Buying and Selling
In other Datadog news, CEO Olivier Pomel sold 107,365 shares of the company’s stock in a transaction dated Monday, April 7th. The shares were sold at an average price of $87.33, for a total value of $9,376,185.45. Following the completion of the sale, the chief executive officer now directly owns 563,598 shares of the company’s stock, valued at approximately $49,219,013.34. This represents a 16.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CTO Alexis Le-Quoc sold 127,105 shares of the company’s stock in a transaction dated Wednesday, May 7th. The shares were sold at an average price of $105.83, for a total transaction of $13,451,522.15. Following the completion of the sale, the chief technology officer now directly owns 466,535 shares of the company’s stock, valued at $49,373,399.05. The trade was a 21.41% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 700,582 shares of company stock valued at $77,926,597 over the last 90 days. 8.70% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Datadog
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in Datadog by 3.5% in the 1st quarter. Vanguard Group Inc. now owns 31,413,032 shares of the company’s stock valued at $3,116,487,000 after acquiring an additional 1,058,803 shares during the last quarter. Baillie Gifford & Co. lifted its holdings in Datadog by 12.6% in the 1st quarter. Baillie Gifford & Co. now owns 12,274,655 shares of the company’s stock valued at $1,217,769,000 after acquiring an additional 1,369,522 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in Datadog by 259.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 8,658,340 shares of the company’s stock valued at $858,994,000 after acquiring an additional 6,250,942 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in Datadog by 23.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,729,254 shares of the company’s stock valued at $667,611,000 after acquiring an additional 1,261,065 shares during the last quarter. Finally, Groupama Asset Managment lifted its holdings in Datadog by 407.6% in the 4th quarter. Groupama Asset Managment now owns 6,600,000 shares of the company’s stock valued at $943,074,000 after acquiring an additional 5,299,688 shares during the last quarter. 78.29% of the stock is owned by institutional investors and hedge funds.
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.
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