Zacks Research Issues Positive Outlook for Datadog Earnings

Datadog, Inc. (NASDAQ:DDOG) – Zacks Research lifted their Q1 2025 earnings per share (EPS) estimates for Datadog in a research note issued to investors on Thursday, January 16th. Zacks Research analyst R. Department now forecasts that the company will post earnings of $0.13 per share for the quarter, up from their previous estimate of $0.12. The consensus estimate for Datadog’s current full-year earnings is $0.53 per share. Zacks Research also issued estimates for Datadog’s FY2025 earnings at $0.74 EPS, Q4 2026 earnings at $0.38 EPS and FY2026 earnings at $1.22 EPS.

Several other equities analysts have also issued reports on the company. Robert W. Baird boosted their price target on Datadog from $140.00 to $150.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Stifel Nicolaus boosted their price target on Datadog from $141.00 to $165.00 and gave the company a “buy” rating in a research note on Wednesday, December 18th. Truist Financial lowered Datadog from a “buy” rating to a “hold” rating and lowered their target price for the stock from $170.00 to $150.00 in a research report on Tuesday, January 7th. TD Cowen reaffirmed a “buy” rating and set a $165.00 target price on shares of Datadog in a research report on Tuesday, November 19th. Finally, Mizuho upped their target price on Datadog from $155.00 to $170.00 and gave the stock an “outperform” rating in a research report on Friday, December 13th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, twenty-six have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $158.45.

Datadog Stock Performance

Shares of DDOG opened at $138.40 on Monday. Datadog has a 52-week low of $98.80 and a 52-week high of $170.08. The business’s 50 day moving average price is $146.03 and its two-hundred day moving average price is $128.58. The firm has a market cap of $47.02 billion, a PE ratio of 261.14, a price-to-earnings-growth ratio of 16.31 and a beta of 1.14.

Insider Transactions at Datadog

In related news, Director Shardul Shah sold 7,916 shares of the stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $142.12, for a total transaction of $1,125,021.92. Following the sale, the director now owns 427,785 shares of the company’s stock, valued at approximately $60,796,804.20. This represents a 1.82 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, General Counsel Kerry Acocella sold 2,488 shares of the stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $158.04, for a total value of $393,203.52. Following the sale, the general counsel now directly owns 68,758 shares in the company, valued at $10,866,514.32. This trade represents a 3.49 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 617,679 shares of company stock worth $88,668,671. 11.78% of the stock is owned by company insiders.

Institutional Trading of Datadog

A number of institutional investors have recently added to or reduced their stakes in the stock. Los Angeles Capital Management LLC raised its holdings in shares of Datadog by 172.2% in the 3rd quarter. Los Angeles Capital Management LLC now owns 38,841 shares of the company’s stock valued at $4,469,000 after acquiring an additional 24,574 shares in the last quarter. Heritage Investors Management Corp purchased a new stake in shares of Datadog in the 3rd quarter valued at about $1,157,000. Atom Investors LP purchased a new position in shares of Datadog during the 3rd quarter valued at about $1,112,000. Parnassus Investments LLC raised its holdings in shares of Datadog by 28.4% during 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 in the last quarter. Finally, Jennison Associates LLC raised its holdings in shares of Datadog by 2.1% during the 3rd quarter. Jennison Associates LLC now owns 6,273,348 shares of the company’s stock valued at $721,811,000 after buying an additional 126,613 shares in the last quarter. Hedge funds and other institutional investors own 78.29% of the company’s stock.

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.