Scotiabank Has Positive Forecast for Datadog FY2026 Earnings

Datadog, Inc. (NASDAQ:DDOGFree Report) – Research analysts at Scotiabank boosted their FY2026 earnings per share estimates for Datadog in a research note issued to investors on Wednesday, August 19th. Scotiabank analyst P. Colville now expects that the company will post earnings per share of $0.70 for the year, up from their previous estimate of $0.63. Scotiabank has a “Outperform” rating and a $285.00 price objective on the stock. The consensus estimate for Datadog’s current full-year earnings is $0.70 per share. Scotiabank also issued estimates for Datadog’s FY2027 earnings at $1.01 EPS.

Several other equities research analysts have also recently issued reports on the stock. Piper Sandler reaffirmed an “overweight” rating and set a $275.00 price target (up from $230.00) on shares of Datadog in a research note on Wednesday, June 10th. Stifel Nicolaus set a $305.00 price objective on shares of Datadog in a research note on Thursday, May 7th. Craig Hallum initiated coverage on shares of Datadog in a research report on Monday, June 15th. They set a “buy” rating on the stock. Bank of America raised their target price on shares of Datadog from $260.00 to $280.00 and gave the stock a “buy” rating in a research report on Monday, June 8th. Finally, The Goldman Sachs Group reaffirmed a “sell” rating and issued a $158.00 target price on shares of Datadog in a research note on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $276.32.

Check Out Our Latest Stock Report on Datadog

Datadog Trading Down 4.2%

Shares of DDOG stock opened at $225.77 on Monday. The company has a market capitalization of $81.07 billion, a price-to-earnings ratio of 460.76, a PEG ratio of 22.94 and a beta of 1.54. The company has a current ratio of 3.20, a quick ratio of 3.20 and a debt-to-equity ratio of 0.23. The firm has a 50-day moving average price of $249.66 and a 200 day moving average price of $187.09. Datadog has a twelve month low of $98.01 and a twelve month high of $292.72.

Datadog (NASDAQ:DDOGGet Free Report) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.07. The business had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.08 billion. Datadog had a return on equity of 5.67% and a net margin of 4.48%.The business’s revenue was up 35.6% on a year-over-year basis. During the same period in the prior year, the business earned $0.46 earnings per share. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS.

Insider Buying and Selling at Datadog

In other news, Director Matthew Jacobson sold 19,512 shares of Datadog stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $256.25, for a total transaction of $4,999,950.00. Following the sale, the director owned 524,708 shares of the company’s stock, valued at approximately $134,456,425. The trade was a 3.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Olivier Pomel sold 47,054 shares of the stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $235.49, for a total transaction of $11,080,746.46. Following the completion of the transaction, the chief executive officer owned 612,747 shares of the company’s stock, valued at $144,295,791.03. This trade represents a 7.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 1,427,490 shares of company stock valued at $355,565,477. Corporate insiders own 6.48% of the company’s stock.

Institutional Investors Weigh In On Datadog

A number of institutional investors have recently bought and sold shares of DDOG. JPL Wealth Management LLC bought a new position in shares of Datadog in the 3rd quarter valued at approximately $27,000. EMC Capital Management bought a new stake in Datadog in the 2nd quarter valued at $28,000. NBC Securities Inc. grew its position 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. Rothschild Investment LLC grew its holdings in shares of Datadog by 52.5% during the 4th quarter. Rothschild Investment LLC now owns 273 shares of the company’s stock worth $37,000 after purchasing an additional 94 shares in the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC boosted its stake in Datadog by 341.7% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 318 shares of the company’s stock worth $38,000 after buying an additional 246 shares in the last quarter. 78.29% of the stock is currently owned by institutional investors and hedge funds.

About Datadog

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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.

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Earnings History and Estimates for Datadog (NASDAQ:DDOG)

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