Datadog (NASDAQ:DDOG) Given New $180.00 Price Target at TD Cowen

Datadog (NASDAQ:DDOG) had its price objective upped by TD Cowen from $175.00 to $180.00 in a research report released on Friday morning, MarketBeat.com reports. TD Cowen currently has a buy rating on the stock.

DDOG has been the subject of a number of other research reports. Stifel Nicolaus lifted their price objective on Datadog from $120.00 to $135.00 and gave the company a “hold” rating in a research note on Thursday, June 26th. Bank of America lifted their price target on Datadog from $150.00 to $175.00 and gave the company a “buy” rating in a research note on Monday, July 7th. Guggenheim restated a “sell” rating and issued a $105.00 price target on shares of Datadog in a research note on Tuesday, July 8th. Capital One Financial lifted their price target on Datadog from $149.00 to $179.00 in a research note on Thursday. Finally, Wells Fargo & Company initiated coverage on Datadog in a research note on Tuesday, September 30th. They issued an “overweight” rating and a $190.00 price target for the company. Twenty-six investment analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $162.37.

Datadog Stock Performance

NASDAQ DDOG opened at $152.87 on Friday. The stock has a 50-day simple moving average of $140.31 and a two-hundred day simple moving average of $127.11. The firm has a market capitalization of $53.31 billion, a P/E ratio of 436.78, a PEG ratio of 59.15 and a beta of 1.21. Datadog has a fifty-two week low of $81.63 and a fifty-two week high of $170.08. 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) last released its quarterly earnings data 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. The business had revenue of $826.76 million during the quarter, compared to analyst estimates of $791.72 million. Datadog had a return on equity of 5.04% and a net margin of 4.13%.The company’s revenue was up 28.1% on a year-over-year basis. During the same quarter last year, the business posted $0.43 EPS. Datadog has set its Q3 2025 guidance at 0.440-0.460 EPS. FY 2025 guidance at 1.800-1.830 EPS. On average, equities analysts forecast that Datadog will post 0.34 earnings per share for the current year.

Insider Activity at Datadog

In other Datadog news, CEO Olivier Pomel sold 63,939 shares of the business’s stock in a transaction that occurred on Thursday, October 9th. The stock was sold at an average price of $165.02, for a total transaction of $10,551,213.78. Following the completion of the sale, the chief executive officer directly owned 533,358 shares in the company, valued at approximately $88,014,737.16. The trade was a 10.70% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Michael James Callahan sold 8,333 shares of the business’s stock in a transaction that occurred on Tuesday, October 14th. The stock was sold at an average price of $160.55, for a total value of $1,337,863.15. Following the sale, the director owned 12,496 shares of the company’s stock, valued at approximately $2,006,232.80. This trade represents a 40.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 1,491,232 shares of company stock worth $202,904,731 in the last quarter. Corporate insiders own 8.70% of the company’s stock.

Institutional Investors Weigh In On Datadog

Several large investors have recently bought and sold shares of the company. V Square Quantitative Management LLC increased its stake in Datadog by 13.8% during the 2nd quarter. V Square Quantitative Management LLC now owns 601 shares of the company’s stock worth $81,000 after buying an additional 73 shares in the last quarter. Nilsine Partners LLC boosted its holdings in shares of Datadog by 2.4% during the 3rd quarter. Nilsine Partners LLC now owns 3,396 shares of the company’s stock worth $484,000 after purchasing an additional 78 shares during the last quarter. Ameritas Investment Partners Inc. boosted its holdings in shares of Datadog by 0.8% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 10,466 shares of the company’s stock worth $1,406,000 after purchasing an additional 82 shares during the last quarter. Biltmore Wealth Management LLC boosted its holdings in shares of Datadog by 1.5% during the 2nd quarter. Biltmore Wealth Management LLC now owns 5,726 shares of the company’s stock worth $769,000 after purchasing an additional 86 shares during the last quarter. Finally, Emerald Advisers LLC boosted its holdings in shares of Datadog by 1.1% during the 1st quarter. Emerald Advisers LLC now owns 9,300 shares of the company’s stock worth $923,000 after purchasing an additional 97 shares during the last quarter. 78.29% of the stock is currently owned by hedge funds and other institutional investors.

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.