Datadog (NASDAQ:DDOG) Price Target Raised to $300.00 at Oppenheimer

by · The Markets Daily

Datadog (NASDAQ:DDOG – Get Free Report) had its price objective boosted by investment analysts at Oppenheimer from $220.00 to $300.00 in a report issued on Monday,Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Oppenheimer’s target price points to a potential upside of 15.97% from the stock’s current price.

Several other research analysts also recently commented on the company. TD Cowen boosted their target price on Datadog from $235.00 to $260.00 and gave the stock a “buy” rating in a report on Thursday, June 11th. UBS Group lifted their price objective on Datadog from $220.00 to $315.00 and gave the company a “buy” rating in a research report on Thursday. Jefferies Financial Group raised Datadog from a “buy” rating to a “buy” rating in a research note on Monday, June 15th. Mizuho increased their target price on Datadog from $220.00 to $300.00 and gave the stock an “outperform” rating in a report on Wednesday. Finally, Guggenheim raised their target price on Datadog from $175.00 to $225.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Two equities research analysts have rated the stock with a Strong Buy rating, forty have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $253.36.

View Our Latest Report on DDOG

Datadog Price Performance

DDOG opened at $258.69 on Monday. The firm has a market cap of $92.08 billion, a price-to-earnings ratio of 680.78, a PEG ratio of 26.30 and a beta of 1.54. The company has a debt-to-equity ratio of 0.25, a quick ratio of 3.40 and a current ratio of 3.40. The firm’s 50-day simple moving average is $236.67 and its 200-day simple moving average is $164.73. Datadog has a twelve month low of $98.01 and a twelve month high of $278.70.

Datadog (NASDAQ:DDOG – Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.09. The firm had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $960.12 million. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The firm’s quarterly revenue was up 32.1% on a year-over-year basis. During the same period last year, the firm posted $0.46 EPS. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. Equities research analysts anticipate that Datadog will post 0.64 EPS for the current fiscal year.

Insider Buying and Selling at Datadog

In related news, Director Dev Ittycheria sold 120,000 shares of the firm’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $248.78, for a total value of $29,853,600.00. Following the transaction, the director owned 39,235 shares in the company, valued at $9,760,883.30. This trade represents a 75.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Olivier Pomel sold 127,141 shares of Datadog stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $199.84, for a total value of $25,407,857.44. Following the completion of the sale, the chief executive officer owned 835,679 shares of the company’s stock, valued at approximately $167,002,091.36. The trade was a 13.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 1,439,533 shares of company stock valued at $323,367,430 over the last ninety days. Company insiders own 6.48% of the company’s stock.

Institutional Investors Weigh In On Datadog

A number of institutional investors and hedge funds have recently modified their holdings of the business. JPL Wealth Management LLC acquired a new position in Datadog in the third quarter valued at approximately $27,000. CoreCap Advisors LLC grew its holdings in Datadog by 1,461.5% during the 4th quarter. CoreCap Advisors LLC now owns 203 shares of the company’s stock worth $28,000 after acquiring an additional 190 shares during the period. Flagship Harbor Advisors LLC bought a new stake in shares of Datadog during the 4th quarter valued at $31,000. NBC Securities Inc. raised its position in shares of Datadog by 242.6% during the 4th quarter. NBC Securities Inc. now owns 233 shares of the company’s stock valued at $32,000 after acquiring an additional 165 shares during the last quarter. Finally, Rothschild Investment LLC increased its holdings in Datadog by 52.5% in the fourth quarter. Rothschild Investment LLC now owns 273 shares of the company’s stock valued at $37,000 after purchasing an additional 94 shares during the last quarter. 78.29% of the stock is owned by institutional investors.

Datadog Company Profile

(Get Free Report)

Datadog (NASDAQ: DDOG) is a cloud-based monitoring and observability platform that helps organizations monitor, troubleshoot and secure their applications and infrastructure at scale. Its software-as-a-service offering collects and analyzes metrics, traces and logs from servers, containers, cloud services and applications to provide real-time visibility into system performance and health. Datadog’s platform is widely used by engineering, operations and security teams to reduce downtime, accelerate incident response and improve application reliability.

The company’s product suite includes infrastructure monitoring, application performance monitoring (APM), log management, real user monitoring (RUM), synthetic monitoring and network performance monitoring, along with security-focused products such as security monitoring and cloud SIEM.

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