Dynatrace (NYSE:DT – Get Free Report) had its price objective dropped by stock analysts at Guggenheim from $68.00 to $60.00 in a report released on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Guggenheim’s target price indicates a potential upside of 75.16% from the company’s previous close.
DT has been the subject of several other research reports. Raymond James Financial reissued a “market perform” rating on shares of Dynatrace in a research report on Monday, February 9th. Weiss Ratings lowered shares of Dynatrace from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, April 14th. TD Cowen decreased their price objective on shares of Dynatrace from $60.00 to $50.00 and set a “buy” rating for the company in a report on Wednesday, April 15th. Wells Fargo & Company decreased their price objective on shares of Dynatrace from $65.00 to $50.00 and set an “overweight” rating for the company in a report on Tuesday, February 10th. Finally, UBS Group set a $64.00 price objective on shares of Dynatrace in a report on Thursday, March 12th. Nineteen investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Dynatrace currently has a consensus rating of “Moderate Buy” and an average price target of $51.64.
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Dynatrace Stock Down 5.2%
Dynatrace (NYSE:DT – Get Free Report) last announced its quarterly earnings results on Monday, February 9th. The company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.03. The business had revenue of $515.47 million during the quarter, compared to analysts’ expectations of $506.31 million. Dynatrace had a net margin of 9.55% and a return on equity of 9.75%. The firm’s revenue for the quarter was up 18.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.37 EPS. Dynatrace has set its FY 2026 guidance at 1.670-1.690 EPS and its Q4 2026 guidance at 0.380-0.390 EPS. Sell-side analysts expect that Dynatrace will post 0.87 EPS for the current fiscal year.
Dynatrace declared that its Board of Directors has approved a stock buyback program on Monday, February 9th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the company to purchase up to 9.8% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s management believes its shares are undervalued.
Insider Buying and Selling
In related news, EVP Stephen A. Mcmahon acquired 3,000 shares of the firm’s stock in a transaction on Tuesday, March 3rd. The stock was acquired at an average cost of $35.75 per share, for a total transaction of $107,250.00. Following the acquisition, the executive vice president owned 3,454 shares of the company’s stock, valued at $123,480.50. This trade represents a 660.79% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 0.57% of the company’s stock.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of DT. NewEdge Advisors LLC increased its stake in shares of Dynatrace by 25.3% in the 1st quarter. NewEdge Advisors LLC now owns 9,135 shares of the company’s stock worth $431,000 after acquiring an additional 1,846 shares in the last quarter. Jones Financial Companies Lllp increased its stake in shares of Dynatrace by 19.2% in the 1st quarter. Jones Financial Companies Lllp now owns 2,161 shares of the company’s stock worth $102,000 after acquiring an additional 348 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of Dynatrace by 21.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,548 shares of the company’s stock worth $85,000 after acquiring an additional 272 shares in the last quarter. Invesco Ltd. increased its stake in Dynatrace by 38.9% during the 2nd quarter. Invesco Ltd. now owns 793,630 shares of the company’s stock valued at $43,816,000 after purchasing an additional 222,395 shares in the last quarter. Finally, Marshall Wace LLP bought a new stake in Dynatrace during the 2nd quarter valued at about $410,000. 94.28% of the stock is currently owned by institutional investors.
Trending Headlines about Dynatrace
Here are the key news stories impacting Dynatrace this week:
- Positive Sentiment: Goldman Sachs initiated coverage with a Buy rating and a $45 price target, providing fresh institutional support that could attract buyers at lower prices. Goldman Sachs Initiates Coverage
- Positive Sentiment: Zacks highlighted recent outperformance and positive momentum following the company’s quarterly beat, reinforcing the view that fundamentals remain intact despite the pullback. Dynatrace Laps the Stock Market
- Neutral Sentiment: Guggenheim reiterated a Buy but trimmed its price target to $60 (from $68), a mixed signal: continued analyst support but slightly more conservative upside expectations. Dynatrace Receives a Buy from Guggenheim
- Neutral Sentiment: Rothschild & Co (Redburn) began coverage with a Neutral rating and a $40 target, adding another data point to the range of street expectations. Rothschild & Co Redburn Coverage
- Positive Sentiment: Coverage noting Dynatrace’s inclusion/attention in the Russell 1000 can improve index-related demand and visibility among passive managers. Why Dynatrace Is Drawing Attention In The Russell 1000 Index?
- Negative Sentiment: A sector-wide enterprise software selloff and recent analyst target cuts (QuiverQuant cites Truist lowering its target to $45 and TD Cowen trimming to $50) are driving short-term selling pressure and explain today’s decline; Quiver also highlights recent insider and institutional selling that may amplify downside. Dynatrace Slides as Enterprise Software Selloff Deepens
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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