Datadog (NASDAQ:DDOG) Given New $175.00 Price Target at Citigroup

Datadog (NASDAQ:DDOG) had its price objective reduced by research analysts at Citigroup from $200.00 to $175.00 in a note issued to investors on Friday,Benzinga reports. The firm currently has a “buy” rating on the stock. Citigroup’s price objective would suggest a potential upside of 47.26% from the company’s previous close.

Several other research analysts have also recently commented on the company. CIBC upgraded Datadog from a “neutral” rating to a “sector outperform” rating and set a $240.00 price target on the stock in a research note on Friday, November 7th. Cantor Fitzgerald upped their target price on Datadog from $179.00 to $220.00 and gave the company an “overweight” rating in a research report on Friday, November 7th. Moffett Nathanson reiterated a “buy” rating on shares of Datadog in a research note on Monday, December 29th. Sanford C. Bernstein lifted their price target on shares of Datadog from $170.00 to $180.00 and gave the stock an “outperform” rating in a research note on Friday, November 7th. Finally, Raymond James Financial increased their price objective on shares of Datadog from $170.00 to $205.00 in a research note on Thursday, November 6th. Thirty-three investment analysts have rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Datadog currently has a consensus rating of “Moderate Buy” and an average target price of $196.45.

Datadog Stock Down 1.7%

Datadog stock traded down $2.03 during midday trading on Friday, hitting $118.84. 2,992,956 shares of the company were exchanged, compared to its average volume of 4,928,944. The company has a debt-to-equity ratio of 0.29, a current ratio of 3.66 and a quick ratio of 3.66. Datadog has a fifty-two week low of $81.63 and a fifty-two week high of $201.69. The company’s fifty day moving average price is $151.27 and its 200-day moving average price is $146.41. The company has a market cap of $41.67 billion, a PE ratio of 382.75, a price-to-earnings-growth ratio of 22.11 and a beta of 1.26.

Datadog (NASDAQ:DDOG) last posted its earnings results on Thursday, November 6th. The company reported $0.55 EPS for the quarter, topping analysts’ consensus estimates of $0.45 by $0.10. The business had revenue of $885.65 million for the quarter, compared to analysts’ expectations of $852.77 million. Datadog had a net margin of 3.32% and a return on equity of 4.14%. The business’s revenue for the quarter was up 28.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.46 earnings per share. Datadog has set its FY 2025 guidance at 2.000-2.020 EPS and its Q4 2025 guidance at 0.54-0.56 EPS. On average, research analysts predict that Datadog will post 0.34 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, COO Adam Blitzer sold 8,023 shares of the business’s stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $154.61, for a total transaction of $1,240,436.03. Following the completion of the transaction, the chief operating officer owned 165,197 shares in the company, valued at $25,541,108.17. The trade was a 4.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Shardul Shah sold 7,916 shares of the company’s stock in a transaction on Tuesday, January 13th. The stock was sold at an average price of $124.89, for a total value of $988,629.24. Following the transaction, the director owned 340,701 shares of the company’s stock, valued at approximately $42,550,147.89. The trade was a 2.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 1,082,904 shares of company stock worth $194,318,545. 8.70% of the stock is currently owned by insiders.

Institutional Trading of Datadog

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Westside Investment Management Inc. boosted its stake in Datadog by 74.3% during the 3rd quarter. Westside Investment Management Inc. now owns 176 shares of the company’s stock valued at $27,000 after purchasing an additional 75 shares in the last quarter. Rothschild Investment LLC grew its stake in shares of Datadog by 126.6% in the 3rd quarter. Rothschild Investment LLC now owns 179 shares of the company’s stock worth $25,000 after purchasing an additional 100 shares during the last quarter. Tripletail Wealth Management LLC bought a new stake in shares of Datadog in the 3rd quarter worth approximately $28,000. Physician Wealth Advisors Inc. lifted its stake in Datadog by 315.2% during the third quarter. Physician Wealth Advisors Inc. now owns 191 shares of the company’s stock valued at $27,000 after purchasing an additional 145 shares during the last quarter. Finally, JPL Wealth Management LLC bought a new stake in Datadog during the third quarter worth approximately $27,000. 78.29% of the stock is currently owned by institutional investors.

More Datadog News

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: KeyCorp reiterated an Overweight rating and refreshed quarterly and FY estimates (raising FY2025/FY2026 EPS outlook), which supports upside versus current levels. KeyCorp Comments
• Neutral Sentiment: Media/analyst roundups note continued attention on Datadog’s strong positioning in cloud monitoring and its favorable product mix — useful context but not new company guidance. MSN analysts watching MSN earnings review
• Negative Sentiment: BNP Paribas Exane cut its price target from $210 to $175 (keeps Outperform) — a sizable reduction that can pressure sentiment even though the rating remains positive. MarketScreener
• Negative Sentiment: A Datadog director (Shardul Shah) sold ~7,916 shares (~$988k) on Jan 13; while not large vs. his remaining stake, insider selling can contribute to short‑term weakness. SEC Form 4
• Negative Sentiment: Commentary from Zacks flagged that Datadog recently underperformed the broader market, amplifying selling pressure amid profit‑taking after a prior run higher. Zacks

About Datadog

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.