Datadog, Inc. (NASDAQ:DDOG) Receives Average Rating of “Moderate Buy” from Brokerages

Datadog, Inc. (NASDAQ:DDOG) has earned a consensus recommendation of “Moderate Buy” from the thirty-two ratings firms that are presently covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and twenty-six have given a buy recommendation to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $163.9667.

A number of equities research analysts recently commented on DDOG shares. DA Davidson increased their price objective on shares of Datadog from $170.00 to $180.00 and gave the company a “buy” rating in a research note on Friday, October 3rd. Capital One Financial raised their price target on shares of Datadog from $149.00 to $179.00 in a research note on Thursday, October 16th. BTIG Research raised their price target on shares of Datadog from $169.00 to $184.00 and gave the stock a “buy” rating in a research note on Wednesday, October 22nd. Scotiabank reaffirmed an “outperform” rating on shares of Datadog in a research note on Friday, August 8th. Finally, Jefferies Financial Group raised their price target on shares of Datadog from $160.00 to $190.00 and gave the stock a “buy” rating in a research note on Tuesday, October 14th.

Datadog Price Performance

Shares of NASDAQ DDOG opened at $156.47 on Wednesday. The stock has a market cap of $54.57 billion, a price-to-earnings ratio of 447.07, a PEG ratio of 61.22 and a beta of 1.21. Datadog has a 52 week low of $81.63 and a 52 week high of $170.08. The company’s 50-day moving average price is $143.14 and its 200 day moving average price is $129.84. The company has a current ratio of 3.43, a quick ratio of 3.43 and a debt-to-equity ratio of 0.31.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.46 EPS for the quarter, beating analysts’ consensus estimates of $0.41 by $0.05. The firm had revenue of $826.76 million for the quarter, compared to analysts’ expectations of $791.72 million. Datadog had a net margin of 4.13% and a return on equity of 5.04%. The firm’s revenue was up 28.1% on a year-over-year basis. During the same period in the prior year, the company earned $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. As a group, research analysts forecast that Datadog will post 0.34 earnings per share for the current fiscal year.

Insider Activity at Datadog

In related news, CEO Olivier Pomel sold 11,195 shares of the firm’s stock in a transaction that occurred on Wednesday, October 22nd. The shares were sold at an average price of $154.35, for a total value of $1,727,948.25. Following the sale, the chief executive officer directly owned 533,358 shares of the company’s stock, valued at approximately $82,323,807.30. This trade represents a 2.06% 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, CTO Alexis Le-Quoc sold 41,468 shares of the firm’s stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $150.94, for a total transaction of $6,259,179.92. Following the completion of the sale, the chief technology officer directly owned 438,885 shares in the company, valued at $66,245,301.90. This represents a 8.63% 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 $202,944,249 over the last three months. Company insiders own 8.70% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Goldman Sachs Group Inc. raised its stake in shares of Datadog by 259.7% during the first quarter. Goldman Sachs Group Inc. now owns 8,658,340 shares of the company’s stock valued at $858,994,000 after purchasing an additional 6,250,942 shares during the period. Norges Bank purchased a new stake in shares of Datadog during the second quarter valued at approximately $347,728,000. Brown Advisory Inc. increased its stake in shares of Datadog by 76.5% in the first quarter. Brown Advisory Inc. now owns 4,853,012 shares of the company’s stock worth $481,467,000 after buying an additional 2,103,838 shares during the last quarter. Dragoneer Investment Group LLC increased its stake in shares of Datadog by 729.5% in the second quarter. Dragoneer Investment Group LLC now owns 2,254,563 shares of the company’s stock worth $302,855,000 after buying an additional 1,982,763 shares during the last quarter. Finally, Baillie Gifford & Co. increased its stake in shares of Datadog by 12.6% in the first quarter. Baillie Gifford & Co. now owns 12,274,655 shares of the company’s stock worth $1,217,769,000 after buying an additional 1,369,522 shares during the last quarter. Hedge funds and other institutional investors own 78.29% of the company’s stock.

About Datadog

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.