Recent Research Analysts’ Ratings Updates for Datadog (DDOG)

A number of research firms have changed their ratings and price targets for Datadog (NASDAQ: DDOG):

• 2/11/2025 – Datadog had its “outperform” rating reaffirmed by analysts at Macquarie. They now have a $200.00 price target on the stock.
• 2/10/2025 – Datadog had its price target raised by analysts at DA Davidson from $150.00 to $165.00. They now have a “buy” rating on the stock.
• 1/29/2025 – Datadog was downgraded by analysts at Stifel Nicolaus from a “buy” rating to a “hold” rating. They now have a $140.00 price target on the stock, down previously from $165.00.
• 1/22/2025 – Datadog had its “neutral” rating reaffirmed by analysts at Guggenheim.
• 1/17/2025 – Datadog is now covered by analysts at Cantor Fitzgerald. They set an “overweight” rating and a $180.00 price target on the stock.
• 1/17/2025 – Datadog had its price target raised by analysts at Citigroup Inc. from $157.00 to $170.00. They now have a “buy” rating on the stock.
• 1/16/2025 – Datadog had its “equal weight” rating reaffirmed by analysts at Morgan Stanley. They now have a $143.00 price target on the stock.
• 1/7/2025 – Datadog was downgraded by analysts at Truist Financial Co. from a “buy” rating to a “hold” rating. They now have a $150.00 price target on the stock, down previously from $170.00.
• 1/6/2025 – Datadog had its price target raised by analysts at Jefferies Financial Group Inc. from $155.00 to $170.00. They now have a “buy” rating on the stock.
• 1/3/2025 – Datadog had its price target raised by analysts at Royal Bank of Canada from $151.00 to $170.00. They now have an “outperform” rating on the stock.
• 12/23/2024 – Datadog had its price target raised by analysts at Loop Capital from $160.00 to $200.00. They now have a “buy” rating on the stock.
• 12/18/2024 – Datadog had its price target raised by analysts at Stifel Nicolaus from $141.00 to $165.00. They now have a “buy” rating on the stock.

Datadog Price Performance

Shares of DDOG stock traded up $2.50 on Wednesday, hitting $147.92. 3,193,882 shares of the company’s stock were exchanged, compared to its average volume of 4,169,580. Datadog, Inc. has a 12 month low of $98.80 and a 12 month high of $170.08. The stock has a market cap of $50.25 billion, a P/E ratio of 279.10, a price-to-earnings-growth ratio of 16.83 and a beta of 1.15. The company has a 50 day moving average of $146.75 and a 200 day moving average of $130.77.

Insider Buying and Selling

In other Datadog news, General Counsel Kerry Acocella sold 2,488 shares of the company’s 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 completion of the transaction, the general counsel now owns 68,758 shares of the company’s stock, valued at $10,866,514.32. This represents a 3.49 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CRO Sean Michael Walters sold 4,244 shares of the company’s stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $135.00, for a total value of $572,940.00. Following the completion of the transaction, the executive now directly owns 179,367 shares of the company’s stock, valued at approximately $24,214,545. The trade was a 2.31 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 777,586 shares of company stock worth $111,444,979 in the last ninety days. 11.78% of the stock is owned by insiders.

Hedge Funds Weigh In On Datadog

A number of institutional investors and hedge funds have recently bought and sold shares of DDOG. GAMMA Investing LLC increased its stake in shares of Datadog by 19.5% in the third quarter. GAMMA Investing LLC now owns 563 shares of the company’s stock valued at $65,000 after buying an additional 92 shares during the period. CWM LLC increased its stake in shares of Datadog by 69.1% in the third quarter. CWM LLC now owns 10,347 shares of the company’s stock valued at $1,190,000 after buying an additional 4,229 shares during the period. Livforsakringsbolaget Skandia Omsesidigt increased its stake in shares of Datadog by 297.6% in the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 2,187 shares of the company’s stock valued at $252,000 after buying an additional 1,637 shares during the period. Inspire Investing LLC increased its stake in shares of Datadog by 22.0% in the third quarter. Inspire Investing LLC now owns 2,484 shares of the company’s stock valued at $286,000 after buying an additional 448 shares during the period. Finally, ORG Wealth Partners LLC acquired a new stake in shares of Datadog in the third quarter valued at about $44,000. Institutional investors and hedge funds own 78.29% of the company’s stock.

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.