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

Datadog (NASDAQ:DDOG) had its price objective upped by Oppenheimer from $220.00 to $300.00 in a research note published on Monday morning, MarketBeat reports. Oppenheimer currently has an outperform rating on the stock.

Other research analysts have also recently issued research reports about the company. Mizuho raised their target price on Datadog from $220.00 to $300.00 and gave the company an “outperform” rating in a research note on Wednesday, July 15th. Wolfe Research reiterated an “outperform” rating and issued a $295.00 price target on shares of Datadog in a research report on Thursday, June 11th. Truist Financial raised shares of Datadog from a “hold” rating to a “buy” rating and upped their price target for the company from $190.00 to $300.00 in a report on Monday, June 15th. Cantor Fitzgerald restated an “overweight” rating and set a $226.00 price objective on shares of Datadog in a research report on Thursday, June 11th. Finally, Rothschild & Co Redburn initiated coverage on shares of Datadog in a research note on Thursday, April 23rd. They issued a “buy” rating and a $170.00 price objective on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, forty have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Datadog has a consensus rating of “Moderate Buy” and a consensus target price of $256.80.

Datadog Stock Performance

DDOG opened at $263.20 on Monday. The company has a market capitalization of $93.69 billion, a price-to-earnings ratio of 692.65, a price-to-earnings-growth ratio of 26.30 and a beta of 1.54. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.40 and a quick ratio of 3.40. Datadog has a 1-year low of $98.01 and a 1-year high of $278.70. The business has a 50 day moving average price of $237.89 and a two-hundred day moving average price of $165.62.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) 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 firm 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 EPS. The firm’s quarterly revenue was up 32.1% on a year-over-year basis. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. Research analysts predict that Datadog will post 0.64 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Michael James Callahan sold 12,500 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $267.47, for a total transaction of $3,343,375.00. Following the completion of the sale, the director directly owned 14,996 shares in the company, valued at approximately $4,010,980.12. This trade represents a 45.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Alexis Le-Quoc sold 53,912 shares of the business’s stock in a transaction that occurred on Wednesday, July 8th. The shares were sold at an average price of $257.24, for a total transaction of $13,868,322.88. Following the transaction, the chief technology officer directly owned 509,805 shares in the company, valued at $131,142,238.20. The trade was a 9.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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 ninety days. Insiders own 6.48% of the company’s stock.

Hedge Funds Weigh In On Datadog

Several institutional investors and hedge funds have recently modified their holdings of DDOG. Price T Rowe Associates Inc. MD raised its holdings in shares of Datadog by 7.1% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 14,423,814 shares of the company’s stock worth $1,961,496,000 after acquiring an additional 956,993 shares in the last quarter. State Street Corp grew its stake in Datadog by 106.8% in the third quarter. State Street Corp now owns 13,732,777 shares of the company’s stock valued at $1,955,547,000 after purchasing an additional 7,091,075 shares in the last quarter. Geode Capital Management LLC increased its position in Datadog by 2.2% in the 4th quarter. Geode Capital Management LLC now owns 9,056,086 shares of the company’s stock worth $1,227,184,000 after purchasing an additional 197,816 shares during the last quarter. Janus Henderson Group PLC increased its position in Datadog by 22.8% in the 1st quarter. Janus Henderson Group PLC now owns 7,749,569 shares of the company’s stock worth $905,570,000 after purchasing an additional 1,439,082 shares during the last quarter. Finally, Jennison Associates LLC raised its stake in shares of Datadog by 43.7% during the 4th quarter. Jennison Associates LLC now owns 7,623,993 shares of the company’s stock worth $1,036,787,000 after purchasing an additional 2,316,994 shares in the last quarter. 78.29% of the stock is currently owned by hedge funds and other institutional investors.

Datadog News Roundup

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.