Datadog (NASDAQ:DDOG) Given New $295.00 Price Target at Wells Fargo & Company

Datadog (NASDAQ:DDOG) had its target price lifted by Wells Fargo & Company from $230.00 to $295.00 in a report released on Monday morning,Benzinga reports. They currently have an overweight rating on the stock.

A number of other equities research analysts have also commented on the stock. Monness Crespi & Hardt increased their price objective on shares of Datadog from $255.00 to $270.00 in a report on Thursday, May 7th. Citigroup reiterated a “market outperform” rating on shares of Datadog in a research report on Monday. Cantor Fitzgerald reissued an “overweight” rating and set a $226.00 price target on shares of Datadog in a research note on Thursday, June 11th. Citizens Jmp raised shares of Datadog from a “market perform” rating to an “outperform” rating and set a $225.00 price target for the company in a report on Thursday, May 7th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $280.00 price objective on shares of Datadog in a research report on Thursday. Two research analysts have rated the stock with a Strong Buy rating, forty have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $256.80.

Datadog Price Performance

Shares of DDOG stock opened at $263.20 on Monday. The stock’s fifty day moving average is $237.89 and its 200-day moving average is $165.62. The company has a debt-to-equity ratio of 0.25, a quick ratio of 3.40 and a current ratio of 3.40. The stock has a market capitalization of $93.69 billion, a PE 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 earnings results on Thursday, May 7th. The company reported $0.60 earnings per share for the quarter, beating analysts’ consensus estimates of $0.51 by $0.09. Datadog had a return on equity of 4.83% and a net margin of 3.69%.The company had revenue of $1.01 billion during the quarter, compared to analyst estimates of $960.12 million. During the same period last year, the company posted $0.46 earnings per share. The firm’s quarterly revenue was up 32.1% compared to the same quarter last year. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. Equities research analysts expect that Datadog will post 0.64 EPS for the current fiscal year.

Insider Buying and Selling at Datadog

In related news, CTO Alexis Le-Quoc sold 53,912 shares of the company’s stock in a transaction dated Wednesday, July 8th. The stock was sold at an average price of $257.24, for a total value of $13,868,322.88. Following the completion of the sale, the chief technology officer owned 509,805 shares in the company, valued at approximately $131,142,238.20. This represents a 9.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 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 dated Tuesday, June 16th. The shares were 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 represents a 12.14% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,439,533 shares of company stock valued at $323,367,430 over the last quarter. 6.48% of the stock is owned by corporate insiders.

Institutional Trading of Datadog

Institutional investors and hedge funds have recently modified their holdings of the stock. Elevation Wealth Partners LLC raised its position in shares of Datadog by 2,700.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 168 shares of the company’s stock valued at $44,000 after acquiring an additional 162 shares during the period. JPL Wealth Management LLC acquired a new position in Datadog during the third quarter valued at approximately $27,000. CoreCap Advisors LLC increased its stake in Datadog by 1,461.5% in the fourth quarter. CoreCap Advisors LLC now owns 203 shares of the company’s stock valued at $28,000 after purchasing an additional 190 shares in the last quarter. Flagship Harbor Advisors LLC bought a new stake in Datadog in the fourth quarter valued at approximately $31,000. Finally, NBC Securities Inc. increased its stake in Datadog by 242.6% in the fourth 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. 78.29% of the stock is owned by institutional investors.

Key Headlines Impacting 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?

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.