Datadog (NASDAQ:DDOG) Price Target Raised to $320.00

Datadog (NASDAQ:DDOG) had its price target lifted by KeyCorp from $225.00 to $320.00 in a report published on Thursday, MarketBeat.com reports. KeyCorp currently has an overweight rating on the stock.

DDOG has been the subject of a number of other research reports. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $250.00 price target on shares of Datadog in a report on Wednesday, June 10th. Wall Street Zen raised shares of Datadog from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Craig Hallum initiated coverage on shares of Datadog in a research report on Monday, June 15th. They set a “buy” rating for the company. Mizuho upped their target price on Datadog from $220.00 to $300.00 and gave the stock an “outperform” rating in a research note on Wednesday. Finally, Rosenblatt Securities raised their target price on Datadog from $178.00 to $220.00 and gave the company a “buy” rating in a report on Friday, May 8th. Two equities research analysts have rated the stock with a Strong Buy rating, forty have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Datadog presently has an average rating of “Moderate Buy” and an average price target of $251.55.

Datadog Trading Down 1.4%

DDOG opened at $258.69 on Thursday. Datadog has a twelve month low of $98.01 and a twelve month high of $278.70. The company has a 50-day simple moving average of $236.67 and a 200 day simple moving average of $164.54. The company has a quick ratio of 3.40, a current ratio of 3.40 and a debt-to-equity ratio of 0.25. The stock has a market capitalization of $92.08 billion, a price-to-earnings ratio of 680.78, a P/E/G ratio of 26.30 and a beta of 1.54.

Datadog (NASDAQ:DDOG) last announced its quarterly earnings data 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. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The firm had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $960.12 million. During the same period in the prior year, the company posted $0.46 earnings per share. The business’s revenue for the quarter was up 32.1% on a year-over-year basis. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. Analysts predict that Datadog will post 0.64 EPS for the current fiscal year.

Insider Activity at Datadog

In related news, CTO Alexis Le-Quoc sold 53,912 shares of the stock in a transaction that occurred on Wednesday, July 8th. The shares were sold at an average price of $257.24, for a total value of $13,868,322.88. Following the completion of the transaction, the chief technology officer owned 509,805 shares of the company’s stock, valued at $131,142,238.20. This represents a 9.56% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Olivier Pomel sold 84,698 shares of the firm’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $232.30, for a total transaction of $19,675,345.40. Following the completion of the sale, the chief executive officer owned 612,747 shares in the company, valued at $142,341,128.10. This represents a 12.14% 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. Insiders sold a total of 1,459,533 shares of company stock worth $325,887,030 in the last ninety days. Insiders own 6.48% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. JPL Wealth Management LLC bought a new stake in Datadog during the 3rd quarter worth $27,000. CoreCap Advisors LLC increased its holdings in Datadog by 1,461.5% in the 4th quarter. CoreCap Advisors LLC now owns 203 shares of the company’s stock worth $28,000 after purchasing an additional 190 shares in the last quarter. Flagship Harbor Advisors LLC acquired a new position in Datadog in the 4th quarter worth about $31,000. NBC Securities Inc. raised its position in Datadog by 242.6% in the fourth quarter. NBC Securities Inc. now owns 233 shares of the company’s stock valued at $32,000 after purchasing an additional 165 shares during the last quarter. Finally, Rothschild Investment LLC raised its position in Datadog by 52.5% in the fourth quarter. Rothschild Investment LLC now owns 273 shares of the company’s stock valued at $37,000 after purchasing an additional 94 shares during the last quarter. 78.29% of the stock is currently owned by institutional investors and hedge funds.

Datadog Company Profile

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.