Datadog, Inc. (NASDAQ:DDOG) Given Consensus Rating of "Moderate Buy" by Brokerages

Key Points

• Datadog, Inc. has received a consensus rating of "Moderate Buy" from 32 analysts, with 26 recommending a buy, 4 a hold, and 2 a sell.
• Analysts have raised Datadog's average price target to $162.37, with recent target price updates reaching up to $185.00.
• The company reported revenue of $826.76 million in its last quarter, exceeding expectations and showing a year-over-year growth of 28.1%.

Datadog, Inc. (NASDAQ:DDOG - Get Free Report) has received an average recommendation of "Moderate Buy" from the thirty-two analysts that are covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and twenty-six have given a buy recommendation to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $162.3667.

Several equities analysts have weighed in on DDOG shares. Citigroup raised their target price on shares of Datadog from $165.00 to $170.00 and gave the company a "buy" rating in a report on Monday, August 18th. Sanford C. Bernstein raised their price objective on shares of Datadog from $147.00 to $170.00 and gave the stock an "outperform" rating in a research note on Wednesday, October 8th. Weiss Ratings restated a "sell (d+)" rating on shares of Datadog in a research report on Wednesday, October 8th. Monness Crespi & Hardt upped their target price on Datadog from $160.00 to $185.00 and gave the company a "buy" rating in a research note on Thursday, August 7th. Finally, Scotiabank reiterated an "outperform" rating on shares of Datadog in a report on Friday, August 8th.

Datadog Stock Down 0.0%

DDOG opened at $156.25 on Wednesday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 3.43 and a current ratio of 3.43. The company has a market cap of $54.49 billion, a price-to-earnings ratio of 446.44, a PEG ratio of 61.15 and a beta of 1.21. Datadog has a one year low of $81.63 and a one year high of $170.08. The business's fifty day moving average is $141.41 and its two-hundred day moving average is $128.20.

Datadog (NASDAQ:DDOG - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The company reported $0.46 earnings per share for the quarter, beating analysts' consensus estimates of $0.41 by $0.05. Datadog had a return on equity of 5.04% and a net margin of 4.13%.The business had revenue of $826.76 million during the quarter, compared to analysts' expectations of $791.72 million. During the same quarter last year, the business posted $0.43 earnings per share. The business's revenue for the quarter was up 28.1% on a year-over-year basis. Datadog has set its Q3 2025 guidance at 0.440-0.460 EPS. FY 2025 guidance at 1.800-1.830 EPS. Analysts anticipate that Datadog will post 0.34 EPS for the current fiscal year.

Insider Buying and Selling at Datadog

In other Datadog news, Director Shardul Shah sold 7,916 shares of the firm's stock in a transaction dated Monday, October 13th. The shares were sold at an average price of $162.58, for a total transaction of $1,286,983.28. Following the sale, the director directly owned 364,449 shares of the company's stock, valued at $59,252,118.42. This trade represents a 2.13% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Amit Agarwal sold 45,444 shares of Datadog stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $150.08, for a total transaction of $6,820,235.52. Following the sale, the director owned 1,640 shares of the company's stock, valued at approximately $246,131.20. This trade represents a 96.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 1,491,232 shares of company stock valued at $202,904,731. 8.70% of the stock is owned by company insiders.

Institutional Trading of Datadog

Hedge funds have recently bought and sold shares of the company. OVERSEA CHINESE BANKING Corp Ltd lifted its stake in shares of Datadog by 887.0% during the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 25,199 shares of the company's stock worth $25,000 after purchasing an additional 22,646 shares during the period. Tripletail Wealth Management LLC acquired a new position in Datadog in the third quarter valued at $28,000. Cornerstone Planning Group LLC increased its stake in Datadog by 96.9% in the first quarter. Cornerstone Planning Group LLC now owns 313 shares of the company's stock valued at $30,000 after purchasing an additional 154 shares during the last quarter. Costello Asset Management INC purchased a new position in Datadog during the first quarter worth about $30,000. Finally, Alpine Bank Wealth Management acquired a new stake in Datadog in the 1st quarter worth about $39,000. 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.

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