Dynatrace (NYSE:DT) Stock Rating Upgraded by BNP Paribas Exane

Key Points

• BNP Paribas Exane upgraded Dynatrace from “neutral” to “outperform” and set a $75 price target, implying 25.21% upside from the prior close.
• Analyst sentiment is broadly positive: 24 analysts rate the stock a Buy and seven rate it a Hold, resulting in a consensus “Moderate Buy” rating and an average price target of $57.54.
• Dynatrace recently beat quarterly expectations, reporting $0.48 in adjusted earnings per share versus a $0.45 estimate and $554.55 million in revenue, up 16.3% year over year.

Dynatrace (NYSE:DT - Get Free Report) was upgraded by equities research analysts at BNP Paribas Exane from a "neutral" rating to an "outperform" rating in a note issued to investors on Thursday, MarketBeat Ratings reports. The brokerage presently has a $75.00 price target on the stock. BNP Paribas Exane's target price would indicate a potential upside of 25.21% from the company's previous close.

A number of other research firms have also recently weighed in on DT. BMO Capital Markets raised their price target on Dynatrace from $60.00 to $62.00 and gave the company an "outperform" rating in a report on Tuesday, September 15th. Jefferies Financial Group reissued a "buy" rating on shares of Dynatrace in a research note on Wednesday, August 5th. KeyCorp increased their target price on Dynatrace from $53.00 to $61.00 and gave the stock an "overweight" rating in a report on Thursday, August 6th. Needham & Company LLC upgraded Dynatrace from a "hold" rating to a "buy" rating and set a $68.00 target price for the company in a research note on Friday, September 18th. Finally, Morgan Stanley raised Dynatrace from an "equal weight" rating to an "overweight" rating and lifted their price target for the company from $58.00 to $65.00 in a report on Tuesday, August 25th. Twenty-four investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $57.54.

Dynatrace Stock Down 1.9%

NYSE:DT opened at $59.90 on Thursday. The firm has a market cap of $17.31 billion, a PE ratio of 119.79, a price-to-earnings-growth ratio of 3.78 and a beta of 0.77. Dynatrace has a 12 month low of $31.64 and a 12 month high of $61.58. The company's 50-day moving average price is $52.69 and its two-hundred day moving average price is $44.47.

Dynatrace (NYSE:DT - Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.03. Dynatrace had a net margin of 7.22% and a return on equity of 11.07%. The firm had revenue of $554.55 million for the quarter, compared to analysts' expectations of $550.01 million. During the same period in the prior year, the firm earned $0.42 earnings per share. The company's quarterly revenue was up 16.3% compared to the same quarter last year. 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, research analysts expect that Dynatrace will post 1.1 EPS for the current fiscal year.

Insider Buying and Selling

In other news, EVP Bernd Greifeneder sold 50,000 shares of Dynatrace stock in a transaction on Friday, September 18th. The stock was sold at an average price of $57.21, for a total value of $2,860,500.00. Following the completion of the sale, the executive vice president directly owned 904,846 shares of the company's stock, valued at approximately $51,766,239.66. This trade represents a 5.24% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.69% of the company's stock.

Institutional Investors Weigh In On Dynatrace

A number of institutional investors and hedge funds have recently made changes to their positions in DT. Brown Lisle Cummings Inc. increased its position in Dynatrace by 218.8% in the first quarter. Brown Lisle Cummings Inc. now owns 797 shares of the company's stock worth $29,000 after purchasing an additional 547 shares during the period. CX Institutional lifted its position in Dynatrace by 1,119.0% during the 2nd quarter. CX Institutional now owns 707 shares of the company's stock valued at $31,000 after purchasing an additional 649 shares during the period. Elevation Wealth Partners LLC boosted its stake in shares of Dynatrace by 37.8% in the 3rd quarter. Elevation Wealth Partners LLC now owns 929 shares of the company's stock valued at $54,000 after purchasing an additional 255 shares during the last quarter. SJS Investment Consulting Inc. boosted its stake in shares of Dynatrace by 577.2% in the 1st quarter. SJS Investment Consulting Inc. now owns 1,483 shares of the company's stock valued at $55,000 after purchasing an additional 1,264 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its position in shares of Dynatrace by 115.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,512 shares of the company's stock worth $56,000 after buying an additional 811 shares during the period. Institutional investors own 94.28% of the company's stock.

Dynatrace Company Profile

Dynatrace, Inc is a software company that provides an observability and application security platform for organizations operating complex cloud, hybrid, and enterprise technology environments. Its platform is designed to help businesses monitor applications, infrastructure, user experiences, logs, and digital services from a unified interface.

The company's products support application and infrastructure performance monitoring, digital experience monitoring, log management, cloud automation, application security, and artificial intelligence-assisted operations.

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