Datadog (NASDAQ:DDOG) Sets New 12-Month High Following Analyst Upgrade

Datadog, Inc. (NASDAQ:DDOG)’s share price reached a new 52-week high during trading on Monday after CICC Research raised their price target on the stock from $150.00 to $204.00. The company traded as high as $202.90 and last traded at $199.5250, with a volume of 870037 shares trading hands. The stock had previously closed at $200.16.

Other equities research analysts have also recently issued reports about the company. Wall Street Zen cut Datadog from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. Evercore reiterated an “outperform” rating and issued a $225.00 price target on shares of Datadog in a research note on Thursday. Sanford C. Bernstein increased their price objective on Datadog from $167.00 to $180.00 and gave the company an “outperform” rating in a report on Friday. Truist Financial increased their price objective on Datadog from $120.00 to $190.00 and gave the company a “hold” rating in a report on Thursday. Finally, BNP Paribas Exane dropped their target price on Datadog from $210.00 to $175.00 and set an “outperform” rating on the stock in a report on Thursday, January 15th. One analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $211.57.

Insider Buying and Selling

In other Datadog news, CTO Alexis Le-Quoc sold 53,912 shares of the business’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $125.49, for a total transaction of $6,765,416.88. Following the transaction, the chief technology officer owned 437,257 shares of the company’s stock, valued at approximately $54,871,380.93. The trade was a 10.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Olivier Pomel sold 68,922 shares of the business’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $110.54, for a total value of $7,618,637.88. Following the transaction, the chief executive officer directly owned 704,821 shares in the company, valued at $77,910,913.34. This trade represents a 8.91% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 654,018 shares of company stock worth $80,903,197. 6.48% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Datadog

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Westside Investment Management Inc. raised its position in Datadog by 74.3% in the third quarter. Westside Investment Management Inc. now owns 176 shares of the company’s stock valued at $27,000 after purchasing an additional 75 shares during the period. Rothschild Investment LLC raised its position in Datadog by 126.6% in the third quarter. Rothschild Investment LLC now owns 179 shares of the company’s stock valued at $25,000 after purchasing an additional 100 shares during the period. Physician Wealth Advisors Inc. raised its position in Datadog by 315.2% in the third quarter. Physician Wealth Advisors Inc. now owns 191 shares of the company’s stock valued at $27,000 after purchasing an additional 145 shares during the period. JPL Wealth Management LLC purchased a new stake in Datadog in the third quarter valued at $27,000. Finally, Hazlett Burt & Watson Inc. purchased a new stake in Datadog in the third quarter valued at $28,000. Hedge funds and other institutional investors own 78.29% of the company’s stock.

Datadog Price Performance

The company has a current ratio of 3.40, a quick ratio of 3.40 and a debt-to-equity ratio of 0.25. The stock has a market cap of $70.10 billion, a PE ratio of 523.19, a P/E/G ratio of 72.45 and a beta of 1.30. The company has a fifty day moving average of $124.41 and a 200-day moving average of $136.98.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.60 earnings per share 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 company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $960.12 million. During the same quarter in the prior year, the business earned $0.46 EPS. Datadog’s revenue 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. Sell-side analysts expect that Datadog, Inc. will post 0.32 EPS for the current fiscal year.

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.