Datadog (NASDAQ:DDOG) Price Target Raised to $180.00

Datadog (NASDAQ:DDOG) had its price target lifted by DA Davidson from $170.00 to $180.00 in a research note issued to investors on Friday, Marketbeat Ratings reports. The brokerage currently has a buy rating on the stock.

A number of other equities analysts also recently issued reports on the company. Sanford C. Bernstein reiterated an “outperform” rating on shares of Datadog in a research note on Friday, August 8th. Guggenheim restated a “sell” rating and issued a $105.00 target price on shares of Datadog in a report on Tuesday, July 8th. Wedbush reiterated an “outperform” rating and set a $140.00 price target on shares of Datadog in a report on Wednesday, June 11th. Canaccord Genuity Group raised their price objective on Datadog from $145.00 to $160.00 and gave the company a “buy” rating in a research note on Friday, August 8th. Finally, UBS Group set a $165.00 price objective on shares of Datadog and gave the stock a “buy” rating in a report on Thursday, August 7th. Twenty-five analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $156.69.

Datadog Stock Performance

Shares of DDOG stock opened at $151.82 on Friday. The company has a current ratio of 3.43, a quick ratio of 3.43 and a debt-to-equity ratio of 0.31. The firm has a fifty day simple moving average of $136.59 and a two-hundred day simple moving average of $123.66. Datadog has a 12 month low of $81.63 and a 12 month high of $170.08. The firm has a market capitalization of $52.95 billion, a PE ratio of 433.78, a price-to-earnings-growth ratio of 59.40 and a beta of 1.21.

Datadog (NASDAQ:DDOG) last released its quarterly earnings data on Thursday, August 7th. The company reported $0.46 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.05. The firm had revenue of $826.76 million for the quarter, compared to analyst estimates of $791.72 million. Datadog had a net margin of 4.13% and a return on equity of 5.04%. The business’s quarterly revenue was up 28.1% compared to the same quarter last year. During the same period last year, the firm earned $0.43 earnings per share. Datadog has set its Q3 2025 guidance at 0.440-0.460 EPS. FY 2025 guidance at 1.800-1.830 EPS. Analysts forecast that Datadog will post 0.34 EPS for the current fiscal year.

Insider Buying and Selling at Datadog

In related news, CEO Olivier Pomel sold 11,195 shares of the business’s stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $137.94, for a total transaction of $1,544,238.30. Following the sale, the chief executive officer directly owned 533,358 shares in the company, valued at approximately $73,571,402.52. The trade was a 2.06% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Adam Blitzer sold 7,950 shares of the firm’s stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $132.13, for a total transaction of $1,050,433.50. Following the completion of the transaction, the chief operating officer owned 181,728 shares of the company’s stock, valued at $24,011,720.64. This trade represents a 4.19% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 1,384,618 shares of company stock worth $183,444,843. Company insiders own 8.70% of the company’s stock.

Hedge Funds Weigh In On Datadog

A number of institutional investors have recently made changes to their positions in DDOG. Costello Asset Management INC bought a new stake in shares of Datadog during the 1st quarter worth $30,000. Cornerstone Planning Group LLC raised its position in Datadog by 96.9% during the first quarter. Cornerstone Planning Group LLC now owns 313 shares of the company’s stock valued at $30,000 after purchasing an additional 154 shares in the last quarter. Interchange Capital Partners LLC bought a new stake in Datadog during the second quarter worth about $42,000. Opal Wealth Advisors LLC purchased a new position in shares of Datadog in the 1st quarter worth about $37,000. Finally, Center for Financial Planning Inc. increased its position in shares of Datadog by 1,189.7% during the 1st quarter. Center for Financial Planning Inc. now owns 374 shares of the company’s stock valued at $37,000 after purchasing an additional 345 shares during the last quarter. Institutional investors own 78.29% of the company’s stock.

Datadog Company Profile

Datadog, Inc operates an observability and security platform for cloud applications in North America and internationally. The company's products comprise infrastructure and application performance monitoring, log management, digital experience monitoring, continuous profiler, database monitoring, data streams and universal service monitoring, network monitoring, incident management, workflow automation, observability pipelines, cloud cost and cloud security management, application security management, cloud SIEM, sensitive data scanner, and CI visibility.