Datadog (NASDAQ:DDOG) Given New $260.00 Price Target at BMO Capital Markets

Datadog (NASDAQ:DDOG) had its target price raised by BMO Capital Markets from $220.00 to $260.00 in a research note issued to investors on Friday morning, Marketbeat Ratings reports.

Several other brokerages also recently weighed in on DDOG. Morgan Stanley raised their price target on Datadog from $180.00 to $225.00 and gave the stock an “overweight” rating in a report on Friday, May 8th. Benchmark boosted their price objective on Datadog from $230.00 to $260.00 and gave the stock a “buy” rating in a research note on Thursday. Rosenblatt Securities boosted their price objective on Datadog from $178.00 to $220.00 and gave the company a “buy” rating in a report on Friday, May 8th. Daiwa Securities Group upped their price target on Datadog from $190.00 to $240.00 and gave the stock a “buy” rating in a report on Wednesday, May 13th. Finally, Wall Street Zen raised Datadog from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. One analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Datadog presently has an average rating of “Moderate Buy” and an average target price of $231.64.

Datadog Price Performance

DDOG opened at $229.90 on Friday. The stock has a 50-day moving average price of $178.29 and a 200-day moving average price of $147.38. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.40 and a quick ratio of 3.40. The firm has a market cap of $81.84 billion, a PE ratio of 605.02, a P/E/G ratio of 25.08 and a beta of 1.56. Datadog has a 1 year low of $98.01 and a 1 year high of $278.70.

Datadog (NASDAQ:DDOG) last issued its earnings results on Thursday, May 7th. The company reported $0.60 earnings per share 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 analyst estimates 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 quarter in the previous year, the firm earned $0.46 EPS. 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 predict that Datadog will post 0.61 earnings per share for the current fiscal year.

Insider Buying and Selling at Datadog

In other Datadog news, CFO David M. Obstler sold 75,000 shares of the company’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $231.69, for a total value of $17,376,750.00. Following the transaction, the chief financial officer owned 434,591 shares of the company’s stock, valued at approximately $100,690,388.79. This represents a 14.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Dev Ittycheria sold 120,000 shares of the business’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $248.78, for a total transaction of $29,853,600.00. Following the sale, the director directly owned 39,235 shares in the company, valued at approximately $9,760,883.30. This trade represents a 75.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 1,272,556 shares of company stock valued at $252,615,825. 6.48% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Datadog

A number of hedge funds have recently bought and sold shares of the company. Rothschild Investment LLC increased its holdings in shares of Datadog by 126.6% during the third quarter. Rothschild Investment LLC now owns 179 shares of the company’s stock worth $25,000 after buying an additional 100 shares in the last quarter. JPL Wealth Management LLC acquired a new stake in Datadog in the 3rd quarter valued at $27,000. CoreCap Advisors LLC increased its stake in shares of Datadog by 1,461.5% during the 4th quarter. CoreCap Advisors LLC now owns 203 shares of the company’s stock worth $28,000 after purchasing an additional 190 shares during the last quarter. Flagship Harbor Advisors LLC acquired a new position in Datadog in the 4th quarter valued at about $31,000. Finally, NBC Securities Inc. grew its position in shares of Datadog by 242.6% during the 4th quarter. NBC Securities Inc. now owns 233 shares of the company’s stock worth $32,000 after purchasing an additional 165 shares in the last quarter. 78.29% of the stock is currently owned by institutional investors.

Datadog News Summary

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Analysts are increasingly upbeat on Datadog’s AI opportunity. BMO raised its price target to $260, BTIG reaffirmed a buy rating with a $255 target, and Wedbush also reiterated a buy view, reinforcing expectations for further upside. Article link
• Positive Sentiment: Coverage around Datadog’s GPU Monitoring and broader AI observability stack suggests the company is expanding its role in optimizing AI workloads, which could become a meaningful growth driver. Article link
• Positive Sentiment: Technical traders are encouraged by DDOG breaking above its 20-day moving average, a sign of improving short-term momentum after a strong run. Article link
• Positive Sentiment: Financial press is highlighting Datadog as a beneficiary of AI-driven cybersecurity spending, with analysts raising targets and framing DDOG as a hidden winner from the AI boom. Article link
• Positive Sentiment: Datadog’s recent AI-focused product launch and broader platform expansion are strengthening the company’s growth narrative and supporting elevated valuation expectations. Article link
• Neutral Sentiment: Datadog remains a premium-valued stock after its strong revenue growth and beat-and-raise earnings report, so the market is balancing solid fundamentals against high expectations.
• Negative Sentiment: Recent insider sales by CEO Olivier Pomel and CFO David Obstler may create some near-term overhang, even though the transactions were made under pre-arranged trading plans. Article link

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.