Datadog, Inc. (NASDAQ:DDOG) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Datadog, Inc. (NASDAQ:DDOG) have earned a consensus recommendation of “Moderate Buy” from the forty-five analysts that are presently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation, forty-one have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $242.0909.

Several analysts recently issued reports on the company. BMO Capital Markets reiterated an “outperform” rating and set a $260.00 price objective on shares of Datadog in a report on Friday, June 12th. New Street Research set a $260.00 target price on Datadog in a report on Thursday, June 11th. Wolfe Research restated an “outperform” rating and set a $295.00 target price on shares of Datadog in a report on Thursday, June 11th. Capital One Financial raised their target price on Datadog from $217.00 to $268.00 and gave the company an “overweight” rating in a report on Wednesday, June 17th. Finally, Needham & Company LLC raised their target price on Datadog from $225.00 to $260.00 and gave the company a “buy” rating in a report on Thursday.

Datadog Price Performance

Shares of NASDAQ:DDOG opened at $239.77 on Monday. The company has a current ratio of 3.40, a quick ratio of 3.40 and a debt-to-equity ratio of 0.25. Datadog has a 1 year low of $98.01 and a 1 year high of $278.70. The business has a fifty day simple moving average of $200.60 and a 200 day simple moving average of $152.21. The firm has a market cap of $85.35 billion, a price-to-earnings ratio of 630.99, a P/E/G ratio of 24.38 and a beta of 1.56.

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 the consensus estimate of $0.51 by $0.09. Datadog had a return on equity of 4.83% and a net margin of 3.69%.The business had revenue of $1.01 billion during the quarter, compared to analyst estimates of $960.12 million. During the same period last year, the company earned $0.46 earnings per share. Datadog’s quarterly revenue was up 32.1% compared to the same quarter last year. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. As a group, sell-side analysts predict that Datadog will post 0.64 earnings per share for the current fiscal year.

Insider Activity at Datadog

In other Datadog news, Director Michael James Callahan sold 112,500 shares of the firm’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $231.60, for a total transaction of $26,055,000.00. Following the transaction, the director directly owned 14,996 shares in the company, valued at $3,473,073.60. This trade represents a 88.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Olivier Pomel sold 127,141 shares of the firm’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $199.84, for a total value of $25,407,857.44. Following the transaction, the chief executive officer owned 835,679 shares in the company, valued at approximately $167,002,091.36. This trade represents a 13.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 1,455,364 shares of company stock valued at $306,341,930. Insiders own 6.48% of the company’s stock.

Hedge Funds Weigh In On Datadog

Several institutional investors have recently bought and sold shares of DDOG. Nomura Asset Management Co. Ltd. grew its position in shares of Datadog by 8.0% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 152,674 shares of the company’s stock valued at $20,762,000 after purchasing an additional 11,348 shares during the last quarter. MUFG Securities EMEA plc grew its position in shares of Datadog by 115.6% in the fourth quarter. MUFG Securities EMEA plc now owns 13,342 shares of the company’s stock valued at $1,814,000 after purchasing an additional 7,154 shares during the last quarter. Norges Bank acquired a new stake in shares of Datadog in the fourth quarter valued at about $469,461,000. BNP Paribas grew its position in shares of Datadog by 18.4% in the fourth quarter. BNP Paribas now owns 41,280 shares of the company’s stock valued at $5,614,000 after purchasing an additional 6,403 shares during the last quarter. Finally, Patton Fund Management Inc. grew its position in shares of Datadog by 1,964.8% in the fourth quarter. Patton Fund Management Inc. now owns 38,550 shares of the company’s stock valued at $5,242,000 after purchasing an additional 36,683 shares during the last quarter. 78.29% of the stock is currently owned by institutional investors.

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.