Datadog (NASDAQ:DDOG) Price Target Lowered to $170.00 at BMO Capital Markets

Datadog (NASDAQ:DDOG) had its target price trimmed by BMO Capital Markets from $215.00 to $170.00 in a research report sent to investors on Thursday, MarketBeat Ratings reports. The brokerage currently has an outperform rating on the stock.

DDOG has been the subject of a number of other reports. Morgan Stanley lifted their price target on shares of Datadog from $165.00 to $180.00 and gave the stock an “equal weight” rating in a report on Friday, November 7th. Truist Financial lowered their target price on shares of Datadog from $195.00 to $140.00 and set a “hold” rating for the company in a research note on Wednesday, January 7th. DA Davidson boosted their price target on Datadog from $180.00 to $225.00 and gave the company a “buy” rating in a report on Friday, November 7th. Royal Bank Of Canada reduced their price target on Datadog from $216.00 to $175.00 and set an “outperform” rating on the stock in a research note on Monday, January 5th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Datadog in a research report on Wednesday, January 21st. Thirty-five investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $190.77.

Datadog Stock Performance

NASDAQ DDOG opened at $128.18 on Thursday. The company has a quick ratio of 3.66, a current ratio of 3.66 and a debt-to-equity ratio of 0.29. Datadog has a fifty-two week low of $81.63 and a fifty-two week high of $201.69. The business has a fifty day moving average of $140.08 and a 200-day moving average of $145.40. The stock has a market cap of $44.95 billion, a price-to-earnings ratio of 413.48, a price-to-earnings-growth ratio of 25.07 and a beta of 1.26.

Datadog (NASDAQ:DDOG) last posted its quarterly earnings data on Thursday, November 6th. The company reported $0.55 EPS for the quarter, beating analysts’ consensus estimates of $0.45 by $0.10. Datadog had a return on equity of 4.14% and a net margin of 3.32%.The business had revenue of $885.65 million for the quarter, compared to analyst estimates of $852.77 million. During the same quarter last year, the company earned $0.46 earnings per share. The business’s revenue for the quarter was up 28.4% compared to the same quarter last year. Datadog has set its FY 2025 guidance at 2.000-2.020 EPS and its Q4 2025 guidance at 0.54-0.56 EPS. As a group, analysts predict that Datadog will post 0.34 earnings per share for the current fiscal year.

Insider Activity at Datadog

In other news, CEO Olivier Pomel sold 100,754 shares of the firm’s stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $181.18, for a total value of $18,254,609.72. Following the transaction, the chief executive officer directly owned 533,358 shares in the company, valued at $96,633,802.44. This trade represents a 15.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Matthew Jacobson sold 404,306 shares of the firm’s stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of $199.60, for a total transaction of $80,699,477.60. Following the completion of the transaction, the director owned 12,859 shares in the company, valued at $2,566,656.40. The trade was a 96.92% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 1,071,709 shares of company stock worth $192,590,597. 8.70% of the stock is owned by insiders.

Hedge Funds Weigh In On Datadog

A number of hedge funds have recently made changes to their positions in the business. Westside Investment Management Inc. boosted its position in Datadog by 74.3% during the 3rd quarter. Westside Investment Management Inc. now owns 176 shares of the company’s stock worth $27,000 after purchasing an additional 75 shares during the period. Rothschild Investment LLC lifted its stake in shares of Datadog by 126.6% during the third quarter. Rothschild Investment LLC now owns 179 shares of the company’s stock worth $25,000 after purchasing an additional 100 shares in the last quarter. Tripletail Wealth Management LLC purchased a new stake in shares of Datadog in the third quarter worth about $28,000. Physician Wealth Advisors Inc. grew its stake in shares of Datadog by 315.2% in the third quarter. Physician Wealth Advisors Inc. now owns 191 shares of the company’s stock valued at $27,000 after buying an additional 145 shares in the last quarter. Finally, JPL Wealth Management LLC acquired a new stake in shares of Datadog in the third quarter valued at about $27,000. Hedge funds and other institutional investors own 78.29% of the company’s stock.

Key Headlines Impacting Datadog

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: The Iconic customer win highlights continued enterprise demand for Datadog’s monitoring platform, supporting recurring revenue growth. THE ICONIC boosts platform reliability with Datadog
• Positive Sentiment: Scotiabank continues to view DDOG as a “safe AI monitoring” play in the sector and kept an Outperform/sector-preferred stance, underlining confidence in Datadog’s strategic positioning despite the PT cut. Scotiabank Sees Datadog (DDOG) as Safe AI Monitoring Play
• Positive Sentiment: Recent analyst/market commentary and a video overview reiterate the high-growth SaaS narrative for Datadog, which can attract longer-term growth investors. Datadog (DDOG) stock analysis | High growth SaaS stock
• Neutral Sentiment: Daiwa issued a new rating on DDOG — the presence of fresh coverage can increase liquidity/attention but is neutral until details affect guidance or PTs. Datadog (DDOG) Receives a New Rating from Daiwa
• Neutral Sentiment: Coverage on “bullish DDOG notes” and possible shifts in Datadog’s AI-platform strategy flags investor interest in how the company leverages AI, but strategic details remain evolving. Are Bullish DDOG Notes Revealing a Deeper Shift
• Negative Sentiment: BMO cut its price target from $215 to $170 (while keeping an Outperform), which likely triggered short-term selling and contributed to downward momentum. DDOG: Price target lowered by BMO Capital Markets
• Negative Sentiment: Scotiabank trimmed its PT from $217 to $180 — even with a positive view, the PT cut reduces marginal upside for some investors and can pressure short-term sentiment. Scotiabank Issues Pessimistic Forecast for Datadog
• Negative Sentiment: Elevated trading volume and a spike in sell-side activity (reflected in today’s heavier-than-average volume) amplified downward price moves; reported short-interest data appears anomalous and not explanatory. (No link)

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.