Cantor Fitzgerald Weighs in on Datadog FY2026 Earnings

Datadog, Inc. (NASDAQ:DDOG - Free Report) - Equities researchers at Cantor Fitzgerald issued their FY2026 earnings per share (EPS) estimates for shares of Datadog in a research note issued to investors on Monday, June 9th. Cantor Fitzgerald analyst T. Blakey anticipates that the company will earn $0.44 per share for the year. Cantor Fitzgerald currently has a "Overweight" rating and a $134.00 target price on the stock. The consensus estimate for Datadog's current full-year earnings is $0.34 per share.

Datadog (NASDAQ:DDOG - Get Free Report) last posted its quarterly earnings results on Tuesday, May 6th. The company reported $0.46 earnings per share for the quarter, beating analysts' consensus estimates of $0.42 by $0.04. The company had revenue of $761.55 million for the quarter, compared to the consensus estimate of $741.73 million. Datadog had a return on equity of 8.28% and a net margin of 6.85%. The firm's quarterly revenue was up 24.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.44 EPS.

Other analysts also recently issued research reports about the company. Wedbush reissued an "outperform" rating and issued a $140.00 price target on shares of Datadog in a research note on Wednesday. Wolfe Research downgraded Datadog from an "outperform" rating to a "peer perform" rating in a research note on Tuesday, February 18th. Barclays lifted their price target on Datadog from $125.00 to $128.00 and gave the company an "overweight" rating in a research note on Tuesday, May 6th. Needham & Company LLC dropped their price target on Datadog from $160.00 to $130.00 and set a "buy" rating on the stock in a research note on Wednesday, May 7th. Finally, Truist Financial dropped their price target on Datadog from $140.00 to $120.00 and set a "hold" rating on the stock in a research note on Monday, March 31st. Seven investment analysts have rated the stock with a hold rating and twenty-three have issued a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $141.59.

Datadog Stock Down 1.1%

Datadog stock traded down $1.28 during mid-day trading on Tuesday, hitting $118.63. 3,480,179 shares of the company's stock were exchanged, compared to its average volume of 4,405,373. The firm has a market capitalization of $40.97 billion, a P/E ratio of 232.61, a PEG ratio of 44.03 and a beta of 1.01. Datadog has a fifty-two week low of $81.63 and a fifty-two week high of $170.08. The company's 50 day simple moving average is $106.04 and its 200-day simple moving average is $124.06.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Datadog by 32.0% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 15,506 shares of the company's stock valued at $2,216,000 after purchasing an additional 3,760 shares in the last quarter. Proficio Capital Partners LLC bought a new stake in Datadog during the fourth quarter worth $14,884,000. ARK Investment Management LLC lifted its holdings in Datadog by 62.7% during the fourth quarter. ARK Investment Management LLC now owns 127,290 shares of the company's stock worth $18,188,000 after acquiring an additional 49,050 shares during the period. Y Intercept Hong Kong Ltd lifted its holdings in Datadog by 140.1% during the fourth quarter. Y Intercept Hong Kong Ltd now owns 53,116 shares of the company's stock worth $7,590,000 after acquiring an additional 30,998 shares during the period. Finally, Baillie Gifford & Co. increased its position in Datadog by 15.8% in the fourth quarter. Baillie Gifford & Co. now owns 10,905,133 shares of the company's stock worth $1,558,234,000 after buying an additional 1,484,562 shares during the last quarter. Institutional investors own 78.29% of the company's stock.

Insider Activity

In other Datadog news, General Counsel Kerry Acocella sold 5,099 shares of the stock in a transaction that occurred on Monday, June 2nd. The stock was sold at an average price of $116.84, for a total value of $595,767.16. Following the transaction, the general counsel now owns 115,490 shares in the company, valued at approximately $13,493,851.60. This represents a 4.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Adam Blitzer sold 15,603 shares of the stock in a transaction that occurred on Monday, June 2nd. The stock was sold at an average price of $116.84, for a total value of $1,823,054.52. Following the completion of the transaction, the chief operating officer now owns 212,969 shares in the company, valued at approximately $24,883,297.96. The trade was a 6.83% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 700,582 shares of company stock valued at $77,926,597. Company insiders own 8.70% of the company's stock.

About Datadog

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.