Cantor Fitzgerald Estimates Datadog FY2025 Earnings

Datadog, Inc. (NASDAQ:DDOG) – Analysts at 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 expects that the company will earn $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.

A number of other research analysts have also issued reports on DDOG. DA Davidson lifted their target price on Datadog from $140.00 to $150.00 and gave the stock a “buy” rating in a report on Friday, November 8th. Royal Bank of Canada lifted their price objective on shares of Datadog from $151.00 to $170.00 and gave the stock an “outperform” rating in a research note on Friday, January 3rd. Wedbush raised shares of Datadog from a “buy” rating to a “strong-buy” rating in a research note on Thursday, October 17th. BNP Paribas initiated coverage on shares of Datadog in a report on Tuesday, October 8th. They set an “outperform” rating and a $150.00 target price for the company. Finally, Citigroup upped their price target on Datadog from $157.00 to $170.00 and gave the company a “buy” rating in a report on Friday, January 17th. One research analyst has rated the stock with a sell rating, four have given a hold rating, twenty-six have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $158.45.

Datadog Stock Performance

Shares of DDOG stock opened at $140.12 on Wednesday. Datadog has a 1 year low of $98.80 and a 1 year high of $170.08. The business’s fifty day moving average is $146.65 and its 200-day moving average is $128.66. The stock has a market cap of $47.60 billion, a PE ratio of 264.38, a price-to-earnings-growth ratio of 16.31 and a beta of 1.14.

Institutional Investors Weigh In On Datadog

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Los Angeles Capital Management LLC raised its position in shares of Datadog by 172.2% in the third quarter. Los Angeles Capital Management LLC now owns 38,841 shares of the company’s stock valued at $4,469,000 after purchasing an additional 24,574 shares during the period. Heritage Investors Management Corp acquired a new stake in shares of Datadog in the third quarter valued at about $1,157,000. Atom Investors LP bought a new position in shares of Datadog in the third quarter worth about $1,112,000. Parnassus Investments LLC grew its holdings 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 buying an additional 40,952 shares during the last quarter. Finally, Jennison Associates LLC increased its position in Datadog by 2.1% in the 3rd quarter. Jennison Associates LLC now owns 6,273,348 shares of the company’s stock worth $721,811,000 after buying an additional 126,613 shares during the period. 78.29% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Datadog

In other Datadog news, CEO Olivier Pomel sold 178,723 shares of the stock in a transaction on Monday, December 9th. The shares were sold at an average price of $161.28, for a total transaction of $28,824,445.44. Following the transaction, the chief executive officer now directly owns 379,693 shares of the company’s stock, valued at $61,236,887.04. This represents a 32.01 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Matthew Jacobson sold 3,393 shares of the business’s stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $125.03, for a total value of $424,226.79. Following the completion of the sale, the director now directly owns 695,086 shares of the company’s stock, valued at $86,906,602.58. This represents a 0.49 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 617,679 shares of company stock worth $88,668,671 over the last 90 days. 11.78% of the stock is currently owned by corporate 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.