Citizens Jmp Issues Positive Forecast for Datadog (NASDAQ:DDOG) Stock Price

Datadog (NASDAQ:DDOG) had its price objective hoisted by Citizens Jmp from $225.00 to $311.00 in a research report released on Monday morning,Benzinga reports. Citizens Jmp currently has a market outperform rating on the stock.

A number of other equities analysts have also issued reports on the company. Canadian Imperial Bank of Commerce increased their price objective on Datadog from $250.00 to $280.00 and gave the stock an “outperform” rating in a report on Wednesday, June 10th. Bank of America lifted their target price on Datadog from $260.00 to $280.00 and gave the company a “buy” rating in a research note on Monday, June 8th. Raymond James Financial boosted their price target on Datadog from $170.00 to $220.00 in a research report on Thursday, May 7th. Wall Street Zen raised Datadog from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Finally, Stifel Nicolaus set a $305.00 price target on Datadog in a report on Thursday, May 7th. Two investment analysts have rated the stock with a Strong Buy rating, forty have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Datadog currently has a consensus rating of “Moderate Buy” and an average target price of $256.80.

Datadog Trading Up 1.7%

Datadog stock opened at $263.20 on Monday. The company has a quick ratio of 3.40, a current ratio of 3.40 and a debt-to-equity ratio of 0.25. The firm has a 50-day moving average price of $237.89 and a two-hundred day moving average price of $165.62. The firm has a market capitalization of $93.69 billion, a price-to-earnings ratio of 692.65, a PEG ratio of 26.30 and a beta of 1.54. Datadog has a 52-week low of $98.01 and a 52-week high of $278.70.

Datadog (NASDAQ:DDOG) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.60 EPS for the quarter, beating the consensus estimate of $0.51 by $0.09. The company had revenue of $1.01 billion for the quarter, compared to analyst estimates of $960.12 million. Datadog had a net margin of 3.69% and a return on equity of 4.83%. Datadog’s revenue was up 32.1% compared to the same quarter last year. During the same quarter last year, the business 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. Sell-side analysts expect that Datadog will post 0.64 earnings per share for the current year.

Insider Activity

In other Datadog news, Director Amit Agarwal sold 20,000 shares of the company’s stock in a transaction that occurred on Thursday, July 9th. The stock was sold at an average price of $267.41, for a total value of $5,348,200.00. Following the completion of the sale, the director directly owned 1,640 shares in the company, valued at $438,552.40. This represents a 92.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Olivier Pomel sold 84,698 shares of the company’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $232.30, for a total value of $19,675,345.40. Following the completion of the sale, the chief executive officer owned 612,747 shares of the company’s stock, valued at $142,341,128.10. This trade represents a 12.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,439,533 shares of company stock valued at $323,367,430 over the last 90 days. Corporate insiders own 6.48% of the company’s stock.

Institutional Trading of Datadog

Institutional investors have recently modified their holdings of the company. JPL Wealth Management LLC acquired a new position in Datadog during the third quarter worth about $27,000. CoreCap Advisors LLC lifted its holdings in Datadog by 1,461.5% in the 4th quarter. CoreCap Advisors LLC now owns 203 shares of the company’s stock valued at $28,000 after acquiring an additional 190 shares during the last quarter. Flagship Harbor Advisors LLC bought a new position in shares of Datadog during the 4th quarter valued at about $31,000. NBC Securities Inc. boosted its position in shares of Datadog by 242.6% during the 4th quarter. NBC Securities Inc. now owns 233 shares of the company’s stock valued at $32,000 after purchasing an additional 165 shares in the last quarter. Finally, Rothschild Investment LLC grew its stake in shares of Datadog by 52.5% in the 4th quarter. Rothschild Investment LLC now owns 273 shares of the company’s stock worth $37,000 after purchasing an additional 94 shares during the last quarter. Institutional investors and hedge funds own 78.29% of the company’s stock.

Trending Headlines about Datadog

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: JMP Securities raised its price target to $311 from $225 and kept an Outperform-style rating, saying infrastructure software looks stronger than applications and that Datadog has been a standout performer in its coverage. Why Datadog (DDOG) Stock Is Trading Up Today
• Positive Sentiment: Wells Fargo increased its target to $295 from $230 and reiterated an Overweight rating, suggesting more upside from current levels. Datadog Price Target Raised by Wells Fargo
• Positive Sentiment: Oppenheimer lifted its target to $300 from $220 and maintained an Outperform rating, adding to the wave of upbeat analyst calls. Datadog Price Target Raised by Oppenheimer
• Positive Sentiment: Another report said Citizens JMP raised Datadog’s target to $311 from $225, implying further confidence in the stock’s run after its strong year-to-date performance. Datadog Price Target Raised by Citizens JMP
• Neutral Sentiment: One comparison piece argued that Penguin is the better AI infrastructure buy than Datadog because of faster growth, AI momentum, and a lower valuation, which may temper enthusiasm but does not appear to be a direct catalyst. PENG vs. DDOG: Which AI Infrastructure Stock Is the Better Buy Now?

About Datadog

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.