Cantor Fitzgerald Increases Datadog (NASDAQ:DDOG) Price Target to $220.00

Datadog (NASDAQ:DDOG) had its price target lifted by Cantor Fitzgerald from $179.00 to $220.00 in a note issued to investors on Friday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. Cantor Fitzgerald’s target price points to a potential upside of 15.04% from the company’s current price. Cantor Fitzgerald also issued estimates for Datadog’s FY2026 earnings at $0.56 EPS.

Several other research analysts have also commented on DDOG. BMO Capital Markets raised their price target on Datadog from $154.00 to $215.00 and gave the stock an “outperform” rating in a research report on Friday. Scotiabank reissued an “outperform” rating on shares of Datadog in a research note on Friday, August 8th. Citigroup raised their target price on Datadog from $165.00 to $170.00 and gave the company a “buy” rating in a report on Monday, August 18th. Cowen reiterated a “buy” rating on shares of Datadog in a research note on Thursday. Finally, Canaccord Genuity Group increased their price target on shares of Datadog from $160.00 to $185.00 and gave the stock a “buy” rating in a research report on Monday, November 3rd. Twenty-nine research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $201.89.

Datadog Price Performance

Shares of DDOG opened at $191.24 on Friday. The firm has a 50-day simple moving average of $149.87 and a two-hundred day simple moving average of $134.92. The stock has a market cap of $66.69 billion, a PE ratio of 616.90, a P/E/G ratio of 74.82 and a beta of 1.20. Datadog has a 1-year low of $81.63 and a 1-year high of $194.87. The company has a debt-to-equity ratio of 0.29, a current ratio of 3.66 and a quick ratio of 3.43.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings data on Thursday, November 6th. The company reported $0.55 EPS for the quarter, topping the consensus estimate of $0.45 by $0.10. Datadog had a net margin of 3.32% and a return on equity of 4.14%. The firm had revenue of $885.65 million for the quarter, compared to analyst estimates of $852.77 million. During the same period in the prior year, the business posted $0.46 EPS. The business’s revenue for the quarter was up 28.4% compared to the same quarter last year. Datadog has set its FY 2025 guidance at 2.000-2.020 EPS. Q4 2025 guidance at 0.54-0.56 EPS. As a group, analysts forecast that Datadog will post 0.34 EPS for the current year.

Insiders Place Their Bets

In related news, Director Amit Agarwal sold 45,444 shares of Datadog stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $150.08, for a total value of $6,820,235.52. Following the completion of the transaction, the director owned 1,640 shares in the company, valued at $246,131.20. The trade was a 96.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CTO Alexis Le-Quoc sold 55,352 shares of the business’s stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $133.83, for a total transaction of $7,407,758.16. Following the transaction, the chief technology officer owned 438,885 shares of the company’s stock, valued at $58,735,979.55. This trade represents a 11.20% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 1,510,236 shares of company stock worth $207,339,763. Corporate insiders own 8.70% of the company’s stock.

Institutional Investors Weigh In On Datadog

A number of hedge funds and other institutional investors have recently modified their holdings of DDOG. OVERSEA CHINESE BANKING Corp Ltd grew its stake in shares of Datadog by 887.0% during the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 25,199 shares of the company’s stock worth $25,000 after purchasing an additional 22,646 shares in the last quarter. Rothschild Investment LLC raised its stake in Datadog by 126.6% in the third quarter. Rothschild Investment LLC now owns 179 shares of the company’s stock valued at $25,000 after buying an additional 100 shares in the last quarter. Physician Wealth Advisors Inc. raised its stake in Datadog by 315.2% in the third quarter. Physician Wealth Advisors Inc. now owns 191 shares of the company’s stock valued at $27,000 after buying an additional 145 shares in the last quarter. Westside Investment Management Inc. lifted its holdings in Datadog by 74.3% during the 3rd quarter. Westside Investment Management Inc. now owns 176 shares of the company’s stock worth $27,000 after buying an additional 75 shares during the last quarter. Finally, Tripletail Wealth Management LLC acquired a new position in shares of Datadog during the 3rd quarter worth about $28,000. 78.29% of the stock is currently owned by institutional investors and hedge funds.

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.