Brokerages Set Datadog, Inc. (NASDAQ:DDOG) Target Price at $242.09

Datadog, Inc. (NASDAQ:DDOGGet Free Report) has received a consensus rating of “Moderate Buy” from the forty-five brokerages that are covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation, forty-one have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $242.0909.

A number of research firms have recently issued reports on DDOG. Oppenheimer boosted their target price on Datadog from $200.00 to $220.00 in a report on Thursday, May 7th. Wedbush started coverage on shares of Datadog in a research report on Monday, June 15th. They issued a “neutral” rating on the stock. Weiss Ratings cut shares of Datadog from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday. Cantor Fitzgerald restated an “overweight” rating and set a $226.00 price objective on shares of Datadog in a research report on Thursday, June 11th. Finally, BMO Capital Markets restated an “outperform” rating and issued a $260.00 target price on shares of Datadog in a research note on Friday, June 12th.

Read Our Latest Research Report on DDOG

Insider Activity

In related news, CTO Alexis Le-Quoc sold 53,912 shares of the firm’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $271.05, for a total value of $14,612,847.60. Following the completion of the sale, the chief technology officer owned 531,311 shares in the company, valued at $144,011,846.55. This trade represents a 9.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Olivier Pomel sold 127,141 shares of the business’s stock in a transaction that occurred on 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 transaction, the chief executive officer owned 835,679 shares in the company, valued at $167,002,091.36. The trade was a 13.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,467,864 shares of company stock valued at $311,427,105 over the last ninety days. 6.48% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. JPL Wealth Management LLC purchased a new stake in shares of Datadog during the 3rd quarter worth $27,000. CoreCap Advisors LLC lifted its stake in shares of Datadog by 1,461.5% in the fourth quarter. CoreCap Advisors LLC now owns 203 shares of the company’s stock valued at $28,000 after purchasing an additional 190 shares during the period. Flagship Harbor Advisors LLC acquired a new stake in shares of Datadog in the fourth quarter valued at about $31,000. NBC Securities Inc. boosted its holdings in Datadog by 242.6% during the fourth quarter. NBC Securities Inc. now owns 233 shares of the company’s stock worth $32,000 after buying an additional 165 shares in the last quarter. Finally, Rothschild Investment LLC grew its position in Datadog by 52.5% during the fourth quarter. Rothschild Investment LLC now owns 273 shares of the company’s stock worth $37,000 after buying an additional 94 shares during the period. Hedge funds and other institutional investors own 78.29% of the company’s stock.

Datadog News Roundup

Here are the key news stories impacting Datadog this week:

  • Positive Sentiment: Datadog announced it acquired Adaptive ML, a reinforcement-learning startup, to expand its AI research efforts and build out RLOps capabilities for enterprise AI agents and models. Datadog Acquires Adaptive ML to Accelerate Its Investment in AI Research and Development
  • Positive Sentiment: Analyst coverage remains broadly constructive, with Bernstein reiterating an outperform rating and several other firms recently raising price targets, reinforcing investor confidence in Datadog’s growth outlook.
  • Positive Sentiment: The stock has also benefited from broader strength in software names, with recent commentary highlighting Datadog as a possible winner as investors look past AI-disruption fears in SaaS.
  • Neutral Sentiment: Recent insider sales by directors Michael James Callahan and Amit Agarwal were disclosed, but both were made under pre-arranged 10b5-1 trading plans, which makes them less likely to signal a change in fundamentals.
  • Neutral Sentiment: Datadog’s latest earnings report was solid, with revenue and EPS both beating estimates and revenue growing 32.1% year over year, but this information is already well known and is not the main new catalyst today.

Datadog Price Performance

Shares of NASDAQ:DDOG opened at $264.48 on Monday. The company has a 50-day simple moving average of $208.48 and a 200-day simple moving average of $154.46. Datadog has a one year low of $98.01 and a one year high of $278.70. 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 stock has a market capitalization of $94.14 billion, a price-to-earnings ratio of 696.02, a PEG ratio of 26.47 and a beta of 1.54.

Datadog (NASDAQ:DDOGGet Free Report) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.51 by $0.09. Datadog had a return on equity of 4.83% and a net margin of 3.69%.The firm had revenue of $1.01 billion for the quarter, compared to analyst estimates of $960.12 million. During the same quarter last year, the company posted $0.46 earnings per share. The business’s revenue was up 32.1% on a year-over-year basis. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. On average, analysts predict that Datadog will post 0.64 EPS for the current year.

About Datadog

(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.

Featured Articles

Analyst Recommendations for Datadog (NASDAQ:DDOG)

Receive News & Ratings for Datadog Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Datadog and related companies with MarketBeat.com's FREE daily email newsletter.