Capital One Financial Reduces Earnings Estimates for Datadog

Datadog, Inc. (NASDAQ:DDOG - Free Report) - Investment analysts at Capital One Financial decreased their FY2026 earnings per share (EPS) estimates for Datadog in a report issued on Tuesday, April 15th. Capital One Financial analyst C. Murphy now anticipates that the company will earn $0.34 per share for the year, down from their prior forecast of $0.41. The consensus estimate for Datadog's current full-year earnings is $0.34 per share.

Several other equities research analysts have also recently commented on the company. Royal Bank of Canada increased their price target on Datadog from $151.00 to $170.00 and gave the company an "outperform" rating in a report on Friday, January 3rd. JMP Securities reissued a "market perform" rating on shares of Datadog in a report on Friday, February 14th. UBS Group dropped their price objective on shares of Datadog from $164.00 to $120.00 and set a "buy" rating on the stock in a research note on Tuesday. Scotiabank dropped their price target on Datadog from $155.00 to $125.00 and set a "sector outperform" rating on the stock in a research report on Tuesday. Finally, Citigroup dropped their target price on Datadog from $170.00 to $165.00 and set a "buy" rating on the stock in a research report on Friday, February 14th. Seven research analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $152.37.

Datadog Stock Down 0.9 %

Shares of NASDAQ DDOG traded down $0.82 during midday trading on Wednesday, hitting $91.06. The stock had a trading volume of 3,472,961 shares, compared to its average volume of 4,337,484. Datadog has a 1 year low of $81.63 and a 1 year high of $170.08. The company has a market capitalization of $31.21 billion, a PE ratio of 178.54, a P/E/G ratio of 44.03 and a beta of 1.20. The stock has a 50 day simple moving average of $107.84 and a 200-day simple moving average of $128.35.

Datadog (NASDAQ:DDOG - Get Free Report) last released its quarterly earnings results on Thursday, February 13th. The company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.31). Datadog had a net margin of 6.85% and a return on equity of 8.28%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Groupama Asset Managment lifted its holdings in shares of Datadog by 407.6% during the fourth quarter. Groupama Asset Managment now owns 6,600,000 shares of the company's stock valued at $943,074,000 after acquiring an additional 5,299,688 shares during the period. Janus Henderson Group PLC grew its position in Datadog by 17,477.2% during the 4th quarter. Janus Henderson Group PLC now owns 4,016,558 shares of the company's stock worth $573,923,000 after acquiring an additional 3,993,707 shares during the last quarter. Norges Bank bought a new position in shares of Datadog in the fourth quarter valued at about $462,910,000. Jennison Associates LLC raised its stake in shares of Datadog by 47.9% in the fourth quarter. Jennison Associates LLC now owns 9,278,648 shares of the company's stock worth $1,325,826,000 after acquiring an additional 3,005,300 shares during the last quarter. Finally, Brown Advisory Inc. grew its stake in shares of Datadog by 2,804.2% during the fourth quarter. Brown Advisory Inc. now owns 2,749,174 shares of the company's stock valued at $392,830,000 after purchasing an additional 2,654,512 shares during the last quarter. Institutional investors own 78.29% of the company's stock.

Insider Transactions at Datadog

In other Datadog news, CTO Alexis Le-Quoc sold 127,105 shares of the business's stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $142.78, for a total value of $18,148,051.90. Following the sale, the chief technology officer now owns 324,778 shares of the company's stock, valued at $46,371,802.84. The trade was a 28.13 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CRO Sean Michael Walters sold 8,454 shares of the firm's stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $102.04, for a total transaction of $862,646.16. Following the transaction, the executive now directly owns 185,871 shares of the company's stock, valued at $18,966,276.84. The trade was a 4.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 548,756 shares of company stock worth $62,219,250. 11.78% of the stock is 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.