Datadog, Inc. (NASDAQ:DDOG) Receives Consensus Recommendation of "Moderate Buy" from Brokerages

Key Points

• Datadog, Inc. has received a consensus rating of “Moderate Buy” from 30 analysts, with 1 analyst rating it as a sell, 5 as hold, and 24 as buy. The average target price among these analysts is $153.10.
• The company reported $826.76 million in revenue for the last quarter, surpassing analyst estimates, and posted earnings per share of $0.46, beating expectations of $0.41.
• Institutional investors own 78.29% of Datadog's stock, highlighting strong institutional interest in the company as several hedge funds recently acquired stakes.

Shares of Datadog, Inc. (NASDAQ:DDOG - Get Free Report) have earned a consensus rating of "Moderate Buy" from the thirty analysts that are presently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and twenty-four have given a buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $153.1034.

A number of brokerages have commented on DDOG. Guggenheim reiterated a "sell" rating and issued a $105.00 target price on shares of Datadog in a report on Tuesday, July 8th. Cantor Fitzgerald boosted their price target on Datadog from $171.00 to $179.00 and gave the stock an "overweight" rating in a research note on Thursday, August 7th. DA Davidson set a $160.00 price objective on shares of Datadog and gave the company a "buy" rating in a report on Tuesday, August 5th. Wolfe Research upgraded shares of Datadog from a "peer perform" rating to an "outperform" rating and set a $150.00 target price for the company in a research note on Thursday, June 12th. Finally, Barclays set a $170.00 target price on shares of Datadog and gave the stock an "overweight" rating in a research report on Thursday, August 7th.

Datadog Trading Up 1.8%

NASDAQ:DDOG opened at $139.07 on Friday. The firm has a 50-day simple moving average of $136.33 and a 200-day simple moving average of $121.77. Datadog has a one year low of $81.63 and a one year high of $170.08. The firm has a market cap of $48.50 billion, a P/E ratio of 397.35, a P/E/G ratio of 54.08 and a beta of 1.10. The company has a debt-to-equity ratio of 0.31, a quick ratio of 3.43 and a current ratio of 3.43.

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

Insider Activity

In related news, General Counsel Kerry Acocella sold 5,142 shares of the company's stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $133.85, for a total value of $688,256.70. Following the transaction, the general counsel directly owned 97,377 shares of the company's stock, valued at $13,033,911.45. This represents a 5.02% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Amit Agarwal sold 10,094 shares of Datadog stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $134.36, for a total value of $1,356,229.84. Following the sale, the director directly owned 1,640 shares of the company's stock, valued at approximately $220,350.40. This represents a 86.02% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 1,337,175 shares of company stock valued at $176,025,977. 8.70% of the stock is owned by corporate insiders.

Institutional Trading of Datadog

Several institutional investors and hedge funds have recently bought and sold shares of the business. Costello Asset Management INC acquired a new stake in shares of Datadog in the first quarter worth $30,000. Cornerstone Planning Group LLC boosted its holdings 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. Interchange Capital Partners LLC acquired a new stake in Datadog during the 2nd quarter worth about $42,000. Opal Wealth Advisors LLC purchased a new position in shares of Datadog during the 1st quarter valued at about $37,000. Finally, Center for Financial Planning Inc. raised its stake in shares of Datadog by 1,189.7% during the 1st quarter. Center for Financial Planning Inc. now owns 374 shares of the company's stock valued at $37,000 after buying an additional 345 shares during the last quarter. 78.29% of the stock is currently owned by institutional investors and hedge funds.

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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