Datadog (DDOG) Expected to Announce Earnings on Tuesday

Datadog (NASDAQ:DDOG - Get Free Report) is anticipated to post its Q1 2025 quarterly earnings results before the market opens on Tuesday, May 6th. Analysts expect the company to announce earnings of $0.42 per share and revenue of $741.73 million for the quarter. Datadog has set its FY 2025 guidance at 1.650-1.700 EPS and its Q1 2025 guidance at 0.410-0.430 EPS.

Datadog (NASDAQ:DDOG - Get Free Report) last announced its quarterly earnings data on Thursday, February 13th. The company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.31). Datadog had a return on equity of 8.28% and a net margin of 6.85%. On average, analysts expect Datadog to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Datadog Stock Down 0.1 %

DDOG stock traded down $0.15 during trading on Wednesday, reaching $102.16. The stock had a trading volume of 3,547,407 shares, compared to its average volume of 4,348,213. Datadog has a one year low of $81.63 and a one year high of $170.08. The company's 50 day moving average is $101.37 and its two-hundred day moving average is $126.78. The company has a market capitalization of $35.02 billion, a price-to-earnings ratio of 200.32, a P/E/G ratio of 44.03 and a beta of 1.20.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Guggenheim reaffirmed a "neutral" rating on shares of Datadog in a report on Wednesday, January 22nd. Truist Financial decreased their target price on shares of Datadog from $140.00 to $120.00 and set a "hold" rating on the stock in a research report on Monday, March 31st. Stifel Nicolaus lowered Datadog from a "buy" rating to a "hold" rating and lowered their price target for the company from $165.00 to $140.00 in a research report on Wednesday, January 29th. Citigroup decreased their target price on Datadog from $170.00 to $165.00 and set a "buy" rating for the company in a research report on Friday, February 14th. Finally, Cantor Fitzgerald started coverage on Datadog in a research note on Friday, January 17th. They issued an "overweight" rating and a $180.00 price target on the stock. Seven analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, Datadog currently has a consensus rating of "Moderate Buy" and an average target price of $150.33.

Insiders Place Their Bets

In other news, Director Amit Agarwal sold 10,167 shares of the firm's stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $115.86, for a total transaction of $1,177,948.62. Following the sale, the director now owns 82,324 shares of the company's stock, valued at $9,538,058.64. This trade represents a 10.99 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CTO Alexis Le-Quoc sold 127,105 shares of the firm's stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $142.78, for a total value of $18,148,051.90. Following the completion of the transaction, the chief technology officer now owns 324,778 shares of the company's stock, valued at approximately $46,371,802.84. This represents a 28.13 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 512,561 shares of company stock worth $57,166,767 over the last quarter. Company insiders own 11.78% of the company's stock.

Institutional Trading of Datadog

An institutional investor recently bought a new position in Datadog stock. Brighton Jones LLC bought a new stake in shares of Datadog, Inc. (NASDAQ:DDOG - Free Report) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 1,465 shares of the company's stock, valued at approximately $209,000. Institutional investors and hedge funds 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.