Dynatrace (NYSE:DT – Get Free Report) had its target price boosted by analysts at Citigroup from $62.00 to $65.00 in a report issued on Tuesday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Citigroup’s price objective would indicate a potential upside of 31.01% from the stock’s current price.
Several other equities analysts also recently weighed in on the company. Barclays increased their target price on Dynatrace from $48.00 to $60.00 and gave the stock an “overweight” rating in a research report on Thursday, August 6th. Cantor Fitzgerald upped their price objective on shares of Dynatrace from $37.00 to $47.00 and gave the company a “neutral” rating in a research note on Monday, August 3rd. The Goldman Sachs Group increased their price objective on shares of Dynatrace from $45.00 to $50.00 and gave the stock a “buy” rating in a report on Thursday, June 18th. William Blair initiated coverage on shares of Dynatrace in a report on Thursday, May 21st. They issued an “outperform” rating for the company. Finally, TD Cowen increased their price target on shares of Dynatrace from $45.00 to $50.00 and gave the stock a “buy” rating in a research note on Wednesday, July 22nd. Twenty-two equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat, Dynatrace currently has a consensus rating of “Moderate Buy” and a consensus price target of $54.54.
Check Out Our Latest Research Report on DT
Dynatrace Stock Up 4.2%
Dynatrace (NYSE:DT – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.45 by $0.03. Dynatrace had a return on equity of 11.07% and a net margin of 7.22%.The company had revenue of $554.55 million for the quarter, compared to analyst estimates of $550.01 million. During the same quarter in the prior year, the company posted $0.42 EPS. The business’s revenue for the quarter was up 16.3% compared to the same quarter last year. Dynatrace has set its Q2 2027 guidance at 0.480-0.490 EPS and its FY 2027 guidance at 1.970-1.990 EPS. Research analysts forecast that Dynatrace will post 1.14 EPS for the current year.
Institutional Trading of Dynatrace
Large investors have recently added to or reduced their stakes in the stock. Brown Lisle Cummings Inc. lifted its stake in shares of Dynatrace by 218.8% during the first quarter. Brown Lisle Cummings Inc. now owns 797 shares of the company’s stock worth $29,000 after purchasing an additional 547 shares in the last quarter. RHL Group LLC purchased a new stake in shares of Dynatrace in the fourth quarter worth about $30,000. CX Institutional grew its stake in shares of Dynatrace by 1,119.0% in the second quarter. CX Institutional now owns 707 shares of the company’s stock valued at $31,000 after buying an additional 649 shares in the last quarter. Larson Financial Group LLC grew its stake in shares of Dynatrace by 168.8% in the fourth quarter. Larson Financial Group LLC now owns 809 shares of the company’s stock valued at $35,000 after buying an additional 508 shares in the last quarter. Finally, SJS Investment Consulting Inc. raised its holdings in shares of Dynatrace by 577.2% during the 1st quarter. SJS Investment Consulting Inc. now owns 1,483 shares of the company’s stock valued at $55,000 after buying an additional 1,264 shares during the period. 94.28% of the stock is currently owned by institutional investors and hedge funds.
Dynatrace Company Profile
Dynatrace is a global software intelligence company specializing in application performance management (APM), cloud infrastructure monitoring, and digital experience management. Its flagship offering, the Dynatrace Software Intelligence Platform, leverages artificial intelligence to provide real-time observability across distributed environments, including on-premises data centers, private clouds, public clouds and hybrid deployments. Organizations rely on Dynatrace to detect anomalies, troubleshoot performance issues and optimize end-user experiences through automated root-cause analysis powered by the company’s engine, Davis.
The Dynatrace platform comprises modules for full-stack application monitoring, digital experience monitoring, infrastructure monitoring and business analytics.
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