Dynatrace - DT Stock Forecast, Price & News

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dynatrace in the last year. There are currently 6 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" DT shares.
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20 Wall Street research analysts have issued 1 year target prices for Dynatrace's stock. Their DT share price forecasts range from $35.00 to $52.00. On average, they anticipate the company's stock price to reach $47.11 in the next year. This suggests a possible upside of 11.4% from the stock's current price.
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Dynatrace's stock was trading at $38.30 at the beginning of 2023. Since then, DT stock has increased by 10.4% and is now trading at $42.30.
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Dynatrace saw a decrease in short interest in March. As of March 15th, there was short interest totaling 7,870,000 shares, a decrease of 21.6% from the February 28th total of 10,040,000 shares. Based on an average trading volume of 2,630,000 shares, the short-interest ratio is currently 3.0 days. Approximately 3.7% of the shares of the company are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 17th 2023.
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Dynatrace, Inc. (NYSE:DT) posted its earnings results on Wednesday, February, 1st. The company reported $0.15 EPS for the quarter, topping analysts' consensus estimates of $0.11 by $0.04. The firm earned $297.46 million during the quarter, compared to analysts' expectations of $285.16 million. Dynatrace had a net margin of 2.61% and a trailing twelve-month return on equity of 8.61%.

ETFs with the largest weight of Dynatrace (NYSE:DT) stock in their portfolio include ProShares Big Data Refiners ETF (DAT), Global X Robotics & Artificial Intelligence ETF (BOTZ), Invesco Dynamic Networking ETF (PXQ), Fidelity Cloud Computing ETF (FCLD), Goldman Sachs Future Tech Leaders Equity ETF (GTEK), Innovator IBD 50 ETF (FFTY), First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT) and Putnam Sustainable Future ETF (PFUT).

Dynatrace issued an update on its fourth quarter 2023 earnings guidance on Wednesday, February, 1st. The company provided EPS guidance of $0.22-$0.23 for the period, compared to the consensus EPS estimate of $0.21. The company issued revenue guidance of $304.00 million-$307.00 million, compared to the consensus revenue estimate of $291.83 million.

405 employees have rated Dynatrace Chief Executive Officer John Van Siclen on Glassdoor.com. John Van Siclen has an approval rating of 95% among the company's employees. This puts John Van Siclen in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Dynatrace investors own include NVIDIA (NVDA), DocuSign (DOCU), Salesforce (CRM), QUALCOMM (QCOM), Block (SQ), Alibaba Group (BABA), PayPal (PYPL), Twilio (TWLO), Advanced Micro Devices (AMD) and CrowdStrike (CRWD).

(DT) raised $427 million in an initial public offering on Thursday, August 1st 2019. The company issued 35,600,000 shares at $11.00-$13.00 per share. Goldman Sachs, J.P. Morgan and Citigroup acted as the underwriters for the IPO and Barclays, Jefferies, RBC Capital Markets, UBS Investment Bank, KeyBanc Capital Markets, William Blair, Canaccord Genuity, JMP Securities and Macquarie Capital were co-managers.

Dynatrace trades on the New York Stock Exchange (NYSE) under the ticker symbol "DT."

Shares of DT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of DT stock can currently be purchased for approximately $42.30.

Dynatrace (NYSE:DT) has a market capitalization of $12.23 billion and generates $929.45 million in revenue each year. The company earns $52.45 million in net income (profit) each year or $0.10 on an earnings per share basis.

The company employs 3,600 workers across the globe.

Dynatrace's mailing address is 1601 TRAPELO ROAD SUITE 116, WALTHAM MA, 02451. The official website for the company is www.dynatrace.com. The company can be reached via phone at (781) 530-1000 or via email at ir@dynatrace.com.