Datadog (NASDAQ:DDOG) Shares Up 10.6% – What’s Next?
by Teresa Graham · The Cerbat GemShares of Datadog, Inc. (NASDAQ:DDOG – Get Free Report) rose 10.6% on Monday . The company traded as high as $272.57 and last traded at $273.6710. Approximately 4,021,986 shares were traded during mid-day trading, a decline of 31% from the average daily volume of 5,854,977 shares. The stock had previously closed at $247.35.
Analysts Set New Price Targets
DDOG has been the subject of a number of research analyst reports. Piper Sandler raised their price target on Datadog from $195.00 to $230.00 in a research report on Thursday, May 7th. Wall Street Zen upgraded Datadog from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. BMO Capital Markets lifted their price objective on Datadog from $165.00 to $220.00 and gave the stock an “outperform” rating in a research report on Friday, May 8th. Stifel Nicolaus set a $305.00 price objective on Datadog in a research report on Thursday, May 7th. Finally, Citizens Jmp upgraded Datadog from a “market perform” rating to an “outperform” rating and set a $225.00 price objective for the company in a research report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $219.69.
Read Our Latest Stock Analysis on Datadog
Datadog Trading Up 10.0%
The business has a 50 day simple moving average of $154.21 and a 200-day simple moving average of $142.67. The stock has a market capitalization of $96.86 billion, a price-to-earnings ratio of 717.33, a price-to-earnings-growth ratio of 26.41 and a beta of 1.56. The company has a current ratio of 3.40, a quick ratio of 3.40 and a debt-to-equity ratio of 0.25.
Datadog (NASDAQ:DDOG – Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.51 by $0.09. The firm had revenue of $1.01 billion for the quarter, compared to analyst estimates of $960.12 million. Datadog had a return on equity of 4.83% and a net margin of 3.69%.Datadog’s revenue for the quarter was up 32.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.46 EPS. 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, equities analysts predict that Datadog, Inc. will post 0.61 earnings per share for the current year.
Insider Activity at Datadog
In related news, CEO Olivier Pomel sold 127,141 shares of the firm’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $199.84, for a total transaction of $25,407,857.44. Following the completion of the transaction, the chief executive officer owned 835,679 shares of the company’s stock, valued at $167,002,091.36. This trade represents a 13.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Matthew Jacobson sold 52,832 shares of the firm’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $189.28, for a total value of $10,000,040.96. Following the transaction, the director directly owned 622,726 shares of the company’s stock, valued at $117,869,577.28. This represents a 7.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 848,198 shares of company stock valued at $135,415,163 over the last 90 days. 6.48% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the company. Glenmede Trust Co. NA lifted its holdings in shares of Datadog by 15.6% during the first quarter. Glenmede Trust Co. NA now owns 8,346 shares of the company’s stock valued at $985,000 after purchasing an additional 1,126 shares during the last quarter. Groupe la Francaise lifted its holdings in shares of Datadog by 20.4% during the first quarter. Groupe la Francaise now owns 93,982 shares of the company’s stock valued at $11,063,000 after purchasing an additional 15,907 shares during the last quarter. Western Wealth Management LLC purchased a new stake in shares of Datadog during the first quarter valued at $65,000. Janus Henderson Group PLC lifted its holdings in shares of Datadog by 22.8% during the first quarter. Janus Henderson Group PLC now owns 7,749,569 shares of the company’s stock valued at $905,570,000 after purchasing an additional 1,439,082 shares during the last quarter. Finally, Centaurus Financial Inc. lifted its holdings in shares of Datadog by 26.6% during the first quarter. Centaurus Financial Inc. now owns 1,423 shares of the company’s stock valued at $168,000 after purchasing an additional 299 shares during the last quarter. Institutional investors own 78.29% of the company’s stock.
Datadog Company Profile
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.