Dynatrace - DT Stock Forecast, Price & News

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dynatrace in the last twelve months. There are currently 7 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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21 Wall Street research analysts have issued 12-month price objectives for Dynatrace's shares. Their DT share price forecasts range from $35.00 to $70.00. On average, they anticipate the company's stock price to reach $48.00 in the next year. This suggests a possible upside of 3.6% from the stock's current price.
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Dynatrace's stock was trading at $38.30 on January 1st, 2023. Since then, DT shares have increased by 20.9% and is now trading at $46.32.
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Dynatrace saw a drop in short interest in the month of December. As of December 30th, there was short interest totaling 9,760,000 shares, a drop of 5.6% from the December 15th total of 10,340,000 shares. Based on an average daily volume of 2,060,000 shares, the short-interest ratio is presently 4.7 days. Currently, 5.0% of the shares of the stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 17th 2023.
View our DT earnings forecast.

Dynatrace, Inc. (NYSE:DT) posted its earnings results on Wednesday, October, 27th. The company reported $0.18 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.02. The firm earned $226.35 million during the quarter, compared to analysts' expectations of $220.66 million. Dynatrace had a net margin of 2.71% and a trailing twelve-month return on equity of 7.69%. The firm's revenue for the quarter was up 34.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.14 earnings per share.

Dynatrace updated its fourth quarter 2023 earnings guidance on Wednesday, February, 1st. The company provided earnings per share (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 IPO 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."

Dynatrace's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.49%), Assenagon Asset Management S.A. (0.38%), AEGON ASSET MANAGEMENT UK Plc (0.25%), Sumitomo Mitsui Trust Holdings Inc. (0.18%), National Bank of Canada FI (0.15%) and Walter Public Investments Inc. (0.10%). Insiders that own company stock include Alicia Allen, Bernd Greifeneder, Charles R Schwab, James K Lines, Kevin C Burns, Kevin C Burns, Paul Andrew Zuber, Rick M Mcconnell, Siclen John Van, Stephen J Pace and Thoma Bravo Ugp, Llc.
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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 $46.32.

Dynatrace (NYSE:DT) has a market capitalization of $13.33 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.