Dynatrace (NYSE:DT) Stock Price Expected to Rise, Oppenheimer Analyst Says

Dynatrace (NYSE:DT) had its price objective raised by analysts at Oppenheimer from $45.00 to $55.00 in a research note issued on Monday, Marketbeat.com reports. The brokerage presently has an “outperform” rating on the stock. Oppenheimer’s price target suggests a potential upside of 28.51% from the company’s current price.

Several other analysts have also recently commented on the company. BTIG Research lowered their target price on Dynatrace from $53.00 to $47.00 and set a “buy” rating on the stock in a research report on Wednesday, May 13th. TD Cowen reduced their price target on Dynatrace from $60.00 to $50.00 and set a “buy” rating for the company in a research report on Wednesday, April 15th. Weiss Ratings raised Dynatrace from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, July 9th. Rosenblatt Securities lowered their price target on Dynatrace from $60.00 to $52.00 and set a “buy” rating on the stock in a report on Friday, May 1st. Finally, Zacks Research upgraded shares of Dynatrace from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 13th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, Dynatrace has a consensus rating of “Moderate Buy” and a consensus target price of $49.42.

Dynatrace Stock Down 4.3%

Dynatrace stock opened at $42.80 on Monday. Dynatrace has a 52-week low of $31.64 and a 52-week high of $55.49. The firm has a market capitalization of $12.42 billion, a price-to-earnings ratio of 79.26, a PEG ratio of 2.88 and a beta of 0.73. The firm has a 50-day moving average price of $42.14 and a two-hundred day moving average price of $39.30.

Dynatrace (NYSE:DT) last announced its quarterly earnings results on Wednesday, May 13th. The company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.39 by $0.02. The company had revenue of $531.72 million for the quarter, compared to analyst estimates of $521.01 million. Dynatrace had a net margin of 8.06% and a return on equity of 10.37%. Dynatrace’s revenue was up 19.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.33 earnings per share. Dynatrace has set its FY 2027 guidance at 1.930-1.950 EPS and its Q1 2027 guidance at 0.440-0.450 EPS. Research analysts expect that Dynatrace will post 1.11 earnings per share for the current year.

Institutional Investors Weigh In On Dynatrace

A number of institutional investors and hedge funds have recently bought and sold shares of DT. Pictet Asset Management Holding SA grew its stake in shares of Dynatrace by 7.9% in the 1st quarter. Pictet Asset Management Holding SA now owns 15,809,223 shares of the company’s stock worth $584,649,000 after purchasing an additional 1,160,690 shares during the last quarter. State Street Corp raised its holdings in shares of Dynatrace by 1.0% in the 4th quarter. State Street Corp now owns 10,664,357 shares of the company’s stock worth $462,193,000 after purchasing an additional 101,994 shares in the last quarter. Bank of America Corp DE lifted its stake in Dynatrace by 304.7% during the first quarter. Bank of America Corp DE now owns 9,357,612 shares of the company’s stock valued at $346,044,000 after purchasing an additional 7,045,591 shares during the last quarter. Wellington Management Group LLP lifted its stake in Dynatrace by 9.0% during the fourth quarter. Wellington Management Group LLP now owns 7,999,919 shares of the company’s stock valued at $346,716,000 after purchasing an additional 659,792 shares during the last quarter. Finally, First Trust Advisors LP boosted its holdings in Dynatrace by 706.8% during the first quarter. First Trust Advisors LP now owns 6,801,507 shares of the company’s stock worth $251,520,000 after buying an additional 5,958,505 shares in the last quarter. 94.28% of the stock is owned by institutional investors and hedge funds.

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.