Key Points
- Datadog director Julie Richardson sold 2,433 shares on May 7 at an average price of $188.50, worth about $458,620.50. The sale was made under a pre-arranged Rule 10b5-1 trading plan.
- Datadog reported strong quarterly results, posting EPS of $0.60 versus the $0.51 consensus and revenue of $1.01 billion, which topped estimates. Revenue rose 32.1% year over year.
- Analysts have turned more bullish on DDOG after earnings, with firms including KeyCorp, Piper Sandler, and CICC raising price targets. MarketBeat data showed a consensus rating of Moderate Buy with an average price target of $211.57.
Datadog, Inc. (NASDAQ:DDOG - Get Free Report) Director Julie Richardson sold 1,930 shares of the stock in a transaction on Friday, May 8th. The shares were sold at an average price of $185.82, for a total value of $358,632.60. Following the completion of the transaction, the director directly owned 2,106 shares in the company, valued at approximately $391,336.92. This represents a 47.82% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Julie Richardson also recently made the following trade(s):
- On Thursday, May 7th, Julie Richardson sold 2,433 shares of Datadog stock. The shares were sold at an average price of $188.50, for a total value of $458,620.50.
- On Tuesday, May 5th, Julie Richardson sold 502 shares of Datadog stock. The shares were sold at an average price of $150.00, for a total value of $75,300.00.
Datadog Stock Up 1.1%
DDOG opened at $202.32 on Tuesday. The stock has a market cap of $71.33 billion, a PE ratio of 532.44, a P/E/G ratio of 72.45 and a beta of 1.30. The company has a quick ratio of 3.40, a current ratio of 3.40 and a debt-to-equity ratio of 0.25. Datadog, Inc. has a 52 week low of $98.01 and a 52 week high of $203.58. The business's fifty day simple moving average is $127.92 and its 200 day simple moving average is $137.61.
Datadog (NASDAQ:DDOG - Get Free Report) last released its earnings results on Thursday, May 7th. The company reported $0.60 EPS for the quarter, beating analysts' consensus estimates of $0.51 by $0.09. The business had revenue of $1.01 billion for the quarter, compared to analysts' expectations of $960.12 million. Datadog had a return on equity of 4.83% and a net margin of 3.69%.The firm's revenue was up 32.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.46 earnings per share. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. As a group, research analysts expect that Datadog, Inc. will post 0.32 earnings per share for the current fiscal year.
Key Datadog News
Here are the key news stories impacting Datadog this week:
- Positive Sentiment: CICC Research raised its price target on Datadog to $204 from $150, signaling more upside potential after the company’s strong recent results. MarketScreener
- Positive Sentiment: Multiple Wall Street notes pointed to further price appreciation for DDOG, suggesting analysts are becoming more constructive on the stock’s growth outlook after earnings. Royal Bank Of Canada Forecasts Strong Price Appreciation for Datadog
- Positive Sentiment: Datadog’s latest earnings and commentary are being framed as evidence that enterprise software demand remains healthy, easing worries about an “AI/SaaS apocalypse” and helping sentiment around the stock. Seeking Alpha
- Neutral Sentiment: Datadog is drawing attention from investors and screeners, which can boost trading activity but does not by itself change fundamentals. Zacks
- Negative Sentiment: Several insiders sold shares in pre-arranged 10b5-1 transactions, including director Julie Richardson and CRO Sean Michael Walters, which may create some caution despite being routine trading activity. SEC filing
Analyst Upgrades and Downgrades
A number of research analysts recently commented on the company. Bank of America reduced their target price on Datadog from $215.00 to $170.00 and set a "buy" rating on the stock in a research note on Wednesday, April 22nd. Wolfe Research reduced their price objective on Datadog from $185.00 to $160.00 and set an "outperform" rating on the stock in a research note on Tuesday, February 10th. Needham & Company LLC raised their price objective on Datadog from $155.00 to $225.00 and gave the company a "buy" rating in a research note on Friday. Guggenheim raised their price objective on Datadog from $175.00 to $225.00 and gave the company a "buy" rating in a research note on Thursday. Finally, Rothschild & Co Redburn started coverage on Datadog in a research note on Thursday, April 23rd. They set a "buy" rating and a $170.00 price objective on the stock. 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 given a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $211.57.
Get Our Latest Report on DDOG
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of DDOG. PKO Investment Management Joint Stock Co purchased a new stake in shares of Datadog during the third quarter worth about $1,709,000. Hartford Investment Management Co. purchased a new stake in shares of Datadog during the third quarter worth about $2,689,000. IQ EQ FUND MANAGEMENT IRELAND Ltd boosted its holdings in shares of Datadog by 134.5% during the third quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 31,142 shares of the company's stock worth $4,435,000 after purchasing an additional 17,860 shares during the period. Vanguard Group Inc. boosted its holdings in shares of Datadog by 30.3% during the third quarter. Vanguard Group Inc. now owns 41,902,227 shares of the company's stock worth $5,966,877,000 after purchasing an additional 9,748,738 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd boosted its holdings in shares of Datadog by 37.9% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 109,233 shares of the company's stock worth $15,555,000 after purchasing an additional 30,008 shares during the period. 78.29% of the stock is owned by institutional investors.
Datadog Company Profile
(
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.
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