Datadog (NASDAQ:DDOG) Stock Price Target Lowered at DA Davidson

Datadog (NASDAQ:DDOG) had its price objective dropped by equities research analysts at DA Davidson from $315.00 to $275.00 in a report issued on Thursday, Benzinga reports. The firm presently has a “buy” rating on the stock. DA Davidson‘s target price indicates a potential upside of 56.19% from the stock’s current price.

Other research analysts also recently issued reports about the company. Royal Bank Of Canada reduced their target price on Datadog from $320.00 to $270.00 and set an “outperform” rating for the company in a research note on Thursday. Canaccord Genuity Group increased their price target on Datadog from $250.00 to $295.00 and gave the company a “buy” rating in a research note on Tuesday, August 4th. Rosenblatt Securities dropped their price target on Datadog from $305.00 to $285.00 and set a “buy” rating on the stock in a research note on Thursday. Yorkville Ives initiated coverage on Datadog in a report on Monday, October 5th. They set an “outperform” rating and a $335.00 price target for the company. Finally, Citizens Jmp lifted their price objective on shares of Datadog from $225.00 to $311.00 and gave the stock a “market outperform” rating in a research report on Monday, July 20th. Two analysts have rated the stock with a Strong Buy rating, forty-one have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Datadog has a consensus rating of “Moderate Buy” and a consensus price target of $276.33.

Datadog Stock Performance

NASDAQ:DDOG traded down $12.65 during mid-day trading on Thursday, hitting $176.07. The stock had a trading volume of 6,742,301 shares, compared to its average volume of 5,110,398. Datadog has a twelve month low of $98.01 and a twelve month high of $300.68. The company has a debt-to-equity ratio of 0.23, a quick ratio of 3.20 and a current ratio of 3.20. The stock has a market cap of $63.22 billion, a price-to-earnings ratio of 357.84, a PEG ratio of 21.50 and a beta of 1.50. The company’s 50 day simple moving average is $250.09 and its 200 day simple moving average is $199.43.

Datadog (NASDAQ:DDOG) last announced its quarterly earnings results on Wednesday, November 4th. The company reported $0.81 earnings per share for the quarter, topping analysts’ consensus estimates of $0.64 by $0.17. The firm had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.15 billion. Datadog had a return on equity of 5.67% and a net margin of 4.48%. The business’s revenue was up 35.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.55 earnings per share. On average, equities research analysts forecast that Datadog will post 0.70 earnings per share for the current year.

Insider Buying and Selling

In related news, General Counsel Kerry Acocella sold 5,280 shares of the company’s stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $228.85, for a total value of $1,208,328.00. Following the transaction, the general counsel directly owned 115,243 shares in the company, valued at approximately $26,373,360.55. This represents a 4.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Alexis Le-Quoc sold 43,224 shares of Datadog stock in a transaction dated Wednesday, October 28th. The stock was sold at an average price of $278.90, for a total transaction of $12,055,173.60. Following the completion of the sale, the chief technology officer owned 488,033 shares of the company’s stock, valued at $136,112,403.70. This trade represents a 8.14% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 745,293 shares of company stock valued at $175,536,548 in the last 90 days. 6.48% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Datadog

Several institutional investors have recently made changes to their positions in DDOG. Silver Grove Financial Group Inc. raised its holdings in Datadog by 96.9% in the 3rd quarter. Silver Grove Financial Group Inc. now owns 193 shares of the company’s stock valued at $53,000 after acquiring an additional 95 shares in the last quarter. Illinois Municipal Retirement Fund acquired a new stake in shares of Datadog during the 3rd quarter worth $1,382,000. Brooklyn FI LLC increased its position in shares of Datadog by 8.4% in the third quarter. Brooklyn FI LLC now owns 1,940 shares of the company’s stock worth $531,000 after purchasing an additional 150 shares during the period. New York Life Investment Management LLC increased its position in shares of Datadog by 10.7% in the third quarter. New York Life Investment Management LLC now owns 56,217 shares of the company’s stock worth $15,395,000 after purchasing an additional 5,450 shares during the period. Finally, 71 West Capital Partners increased its position in shares of Datadog by 0.9% in the third quarter. 71 West Capital Partners now owns 88,240 shares of the company’s stock worth $24,165,000 after purchasing an additional 806 shares during the period. 78.29% of the stock is currently owned by institutional investors.

Datadog News Roundup

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Datadog reported Q3 revenue of $1.20 billion, up 35.2% year over year, and adjusted EPS of $0.81, both ahead of analysts’ expectations. The company also raised its full-year outlook. Datadog Announces Third Quarter 2026 Financial Results
• Positive Sentiment: AI workloads and broader product adoption supported growth; Datadog also said non-AI customer revenue grew in the high-20s and infrastructure-monitoring ARR exceeded $2 billion. Datadog: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: Several analysts lowered price targets after the results, while maintaining positive ratings: Wells Fargo cut its target to $300 and Wedbush to $240, both retaining overweight/outperform ratings. Wells Fargo analyst rating
• Negative Sentiment: Investors are concerned that Q4 revenue growth will slow from Q3’s 35% pace, with the forecast implying roughly 26% year-over-year growth and revenue near the prior quarter’s level. Q3 Earnings Call Highlights AI Growth and Customer Renewals
• Negative Sentiment: Management cited reduced usage by a major AI customer, alongside discounts and lower-priced renewals, as factors weighing on growth. This customer volatility has heightened concerns about the durability of AI-driven demand. Datadog Says Lower Usage From Major AI Customer Is Weighing on Growth
• Negative Sentiment: The stock’s premium valuation may amplify concerns about decelerating growth and contributed to its post-earnings decline, even with results above estimates.

About Datadog

Datadog, Inc is a technology company that provides a cloud-based monitoring and security platform for applications, infrastructure and other technology environments. Its platform helps organizations collect, analyze and visualize data from servers, databases, containers, cloud services, applications and user interactions in a unified environment.

Datadog’s products include infrastructure monitoring, application performance monitoring, log management, real user monitoring, synthetic monitoring, network performance monitoring, cloud security, software delivery tools and incident-management capabilities.