Cantor Fitzgerald Estimates Datadog FY2025 Earnings

Datadog, Inc. (NASDAQ:DDOG - Free Report) - Analysts at Cantor Fitzgerald issued their FY2025 EPS estimates for Datadog in a research note issued to investors on Tuesday, January 21st. Cantor Fitzgerald analyst T. Blakey expects that the company will post earnings of $0.68 per share for the year. Cantor Fitzgerald has a "Overweight" rating and a $180.00 price objective on the stock. The consensus estimate for Datadog's current full-year earnings is $0.53 per share.

Several other research firms also recently issued reports on DDOG. Sanford C. Bernstein decreased their price objective on shares of Datadog from $157.00 to $151.00 and set an "outperform" rating for the company in a report on Monday, October 21st. Citigroup upped their price target on shares of Datadog from $157.00 to $170.00 and gave the company a "buy" rating in a report on Friday, January 17th. Macquarie initiated coverage on Datadog in a research note on Thursday, December 12th. They issued an "outperform" rating and a $200.00 price objective on the stock. Stifel Nicolaus increased their target price on Datadog from $141.00 to $165.00 and gave the company a "buy" rating in a research note on Wednesday, December 18th. Finally, Guggenheim reiterated a "neutral" rating on shares of Datadog in a report on Wednesday. One research analyst has rated the stock with a sell rating, four have given a hold rating, twenty-six have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, Datadog has a consensus rating of "Moderate Buy" and an average price target of $158.45.

Datadog Price Performance

DDOG traded up $1.27 on Wednesday, hitting $139.67. The company had a trading volume of 2,806,474 shares, compared to its average volume of 3,376,492. Datadog has a 1-year low of $98.80 and a 1-year high of $170.08. The company's fifty day moving average price is $146.65 and its 200 day moving average price is $128.66. The stock has a market cap of $47.45 billion, a price-to-earnings ratio of 263.09, a price-to-earnings-growth ratio of 16.31 and a beta of 1.14.

Institutional Trading of Datadog

Several hedge funds have recently added to or reduced their stakes in the business. True Wealth Design LLC raised its position in shares of Datadog by 12,000.0% during the third quarter. True Wealth Design LLC now owns 242 shares of the company's stock worth $28,000 after purchasing an additional 240 shares during the period. Retirement Wealth Solutions LLC bought a new position in Datadog in the fourth quarter valued at approximately $30,000. Avior Wealth Management LLC boosted its holdings in shares of Datadog by 55.9% in the fourth quarter. Avior Wealth Management LLC now owns 226 shares of the company's stock valued at $32,000 after buying an additional 81 shares during the period. Meeder Asset Management Inc. raised its holdings in shares of Datadog by 66.5% during the third quarter. Meeder Asset Management Inc. now owns 288 shares of the company's stock worth $33,000 after acquiring an additional 115 shares during the period. Finally, Quarry LP bought a new stake in Datadog in the 3rd quarter valued at $33,000. Institutional investors and hedge funds own 78.29% of the company's stock.

Insider Activity

In related news, CTO Alexis Le-Quoc sold 127,105 shares of the business's stock in a transaction that occurred on Wednesday, January 8th. The shares were sold at an average price of $141.21, for a total transaction of $17,948,497.05. Following the completion of the transaction, the chief technology officer now owns 324,778 shares in the company, valued at approximately $45,861,901.38. The trade was a 28.13 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Matthew Jacobson sold 3,393 shares of the stock in a transaction on Monday, November 11th. The stock was sold at an average price of $125.03, for a total transaction of $424,226.79. Following the completion of the sale, the director now owns 695,086 shares in the company, valued at approximately $86,906,602.58. This trade represents a 0.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 617,679 shares of company stock valued at $88,668,671. 11.78% of the stock is currently owned by insiders.

About Datadog

Datadog, Inc operates an observability and security platform for cloud applications in North America and internationally. The company's products comprise infrastructure and application performance monitoring, log management, digital experience monitoring, continuous profiler, database monitoring, data streams and universal service monitoring, network monitoring, incident management, workflow automation, observability pipelines, cloud cost and cloud security management, application security management, cloud SIEM, sensitive data scanner, and CI visibility.