Analysts Offer Predictions for Datadog FY2025 Earnings

Datadog, Inc. (NASDAQ:DDOG - Free Report) - Cantor Fitzgerald issued their FY2025 earnings per share (EPS) estimates for Datadog in a note issued to investors on Tuesday, January 21st. Cantor Fitzgerald analyst T. Blakey forecasts 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.

Other analysts have also recently issued reports about the company. Morgan Stanley restated an "equal weight" rating and set a $143.00 price target on shares of Datadog in a report on Thursday, January 16th. Scotiabank reduced their price target on Datadog from $135.00 to $133.00 and set a "sector outperform" rating on the stock in a report on Friday, November 8th. DA Davidson boosted their price target on Datadog from $140.00 to $150.00 and gave the stock a "buy" rating in a report on Friday, November 8th. Barclays boosted their price target on Datadog from $155.00 to $187.00 and gave the stock an "overweight" rating in a report on Friday, December 6th. Finally, Mizuho lifted their price objective on Datadog from $155.00 to $170.00 and gave the stock an "outperform" rating in a research note on Friday, December 13th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, twenty-six have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $158.45.

Datadog Stock Performance

Shares of NASDAQ:DDOG traded up $0.08 during midday trading on Wednesday, hitting $140.20. 3,803,727 shares of the stock were exchanged, compared to its average volume of 3,490,797. The stock has a market capitalization of $47.63 billion, a price-to-earnings ratio of 264.53, a P/E/G ratio of 16.09 and a beta of 1.14. The business's 50-day moving average price is $146.89 and its 200 day moving average price is $128.74. Datadog has a 12 month low of $98.80 and a 12 month high of $170.08.

Institutional Investors Weigh In On Datadog

Institutional investors have recently bought and sold shares of the stock. Los Angeles Capital Management LLC grew its holdings in Datadog by 172.2% during the third quarter. Los Angeles Capital Management LLC now owns 38,841 shares of the company's stock worth $4,469,000 after buying an additional 24,574 shares in the last quarter. Heritage Investors Management Corp bought a new position in Datadog in the 3rd quarter valued at $1,157,000. Atom Investors LP bought a new position in Datadog in the 3rd quarter valued at $1,112,000. Parnassus Investments LLC grew its stake in Datadog by 28.4% in the 3rd quarter. Parnassus Investments LLC now owns 185,329 shares of the company's stock valued at $21,324,000 after purchasing an additional 40,952 shares during the period. Finally, Jennison Associates LLC grew its stake in Datadog by 2.1% in the 3rd quarter. Jennison Associates LLC now owns 6,273,348 shares of the company's stock valued at $721,811,000 after purchasing an additional 126,613 shares during the period. Institutional investors own 78.29% of the company's stock.

Insider Transactions at Datadog

In related news, Director Matthew Jacobson sold 3,393 shares of the company's 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 represents a 0.49 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Olivier Pomel sold 178,723 shares of the company's stock in a transaction on Monday, December 9th. The stock was sold at an average price of $161.28, for a total value of $28,824,445.44. Following the sale, the chief executive officer now owns 379,693 shares of the company's stock, valued at $61,236,887.04. This trade represents a 32.01 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 617,679 shares of company stock valued at $88,668,671 over the last ninety days. 11.78% of the stock is owned by company insiders.

Datadog Company Profile

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.