Dynatrace (NYSE:DT) Given New $65.00 Price Target at Cantor Fitzgerald

Key Points

• Cantor Fitzgerald raised Dynatrace’s price target from $47 to $65 while maintaining a “neutral” rating, implying 6.58% upside from the prior close.
• Analyst sentiment is broadly positive: 24 analysts rate the stock “Buy” and eight rate it “Hold,” resulting in a consensus “Moderate Buy” rating and a $63.97 average price target.
• Dynatrace reported quarterly EPS of $0.48 versus the $0.45 estimate and revenue of $554.55 million, up 16.3% year over year; the stock opened at $60.99 and recently traded near its 12-month high of $66.30.

Dynatrace (NYSE:DT - Get Free Report) had its target price hoisted by investment analysts at Cantor Fitzgerald from $47.00 to $65.00 in a note issued to investors on Friday, Benzinga reports. The firm currently has a "neutral" rating on the stock. Cantor Fitzgerald's price target would suggest a potential upside of 6.58% from the stock's previous close.

Other analysts have also issued reports about the company. BNP Paribas Exane raised Dynatrace from a "neutral" rating to an "outperform" rating and set a $75.00 price objective for the company in a report on Thursday, October 8th. Rosenblatt Securities lifted their target price on Dynatrace from $62.00 to $70.00 and gave the stock a "buy" rating in a research report on Thursday. BTIG Research boosted their price target on Dynatrace from $62.00 to $73.00 and gave the company a "buy" rating in a report on Wednesday, October 21st. The Goldman Sachs Group reissued a "buy" rating and set a $71.00 price target on shares of Dynatrace in a research report on Thursday, October 15th. Finally, UBS Group upped their price target on Dynatrace from $74.00 to $80.00 and gave the company a "buy" rating in a research report on Friday, October 23rd. Twenty-four equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company's stock. According to data from MarketBeat.com, Dynatrace currently has a consensus rating of "Moderate Buy" and a consensus price target of $63.97.

Dynatrace Price Performance

DT opened at $60.99 on Friday. The stock has a market capitalization of $17.63 billion, a PE ratio of 64.09, a P/E/G ratio of 3.85 and a beta of 0.77. The firm's fifty day moving average price is $57.42 and its 200 day moving average price is $44.44. Dynatrace has a 12-month low of $31.64 and a 12-month high of $66.30.

Dynatrace (NYSE:DT - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.48 EPS for the quarter, beating analysts' consensus estimates of $0.45 by $0.03. The firm had revenue of $554.55 million for the quarter, compared to the consensus estimate of $550.01 million. Dynatrace had a net margin of 7.22% and a return on equity of 11.07%. The firm's revenue was up 16.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.42 EPS. Dynatrace has set its Q2 2027 guidance at 0.480-0.490 EPS and its FY 2027 guidance at 1.970-1.990 EPS. On average, equities research analysts forecast that Dynatrace will post 1.11 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Dynatrace news, EVP Bernd Greifeneder sold 50,000 shares of the firm's stock in a transaction dated Friday, September 18th. The shares were sold at an average price of $57.21, for a total value of $2,860,500.00. Following the transaction, the executive vice president owned 904,846 shares of the company's stock, valued at $51,766,239.66. This trade represents a 5.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.69% of the stock is currently owned by company insiders.

Institutional Trading of Dynatrace

Institutional investors and hedge funds have recently made changes to their positions in the stock. Bank of America Corp DE increased its position in Dynatrace by 304.7% in the 1st quarter. Bank of America Corp DE now owns 9,357,612 shares of the company's stock valued at $346,044,000 after acquiring an additional 7,045,591 shares during the period. First Trust Advisors LP raised its stake in Dynatrace by 706.8% during the 1st quarter. First Trust Advisors LP now owns 6,801,507 shares of the company's stock valued at $251,520,000 after acquiring an additional 5,958,505 shares in the last quarter. Arrowstreet Capital Limited Partnership bought a new stake in Dynatrace during the 1st quarter valued at $190,890,000. Amundi boosted its position in Dynatrace by 461.5% during the 1st quarter. Amundi now owns 6,238,938 shares of the company's stock worth $230,716,000 after acquiring an additional 5,127,910 shares during the period. Finally, Bank of New York Mellon Corp acquired a new position in Dynatrace during the 2nd quarter worth $114,885,000. 94.28% of the stock is currently owned by institutional investors and hedge funds.

Dynatrace Company Profile

Dynatrace, Inc provides an observability and application security platform designed to help organizations monitor, analyze and optimize complex digital environments. Its software uses artificial intelligence and automation to provide visibility across applications, infrastructure, cloud services, logs, user experiences and business operations.

The company's products support application performance monitoring, infrastructure monitoring, digital experience monitoring, log and analytics management, cloud automation and application security.

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