Datadog (NASDAQ:DDOG) Given New $285.00 Price Target at Rosenblatt Securities

Datadog (NASDAQ:DDOG) had its price target decreased by research analysts at Rosenblatt Securities from $305.00 to $285.00 in a research note issued on Thursday, Benzinga reports. The firm presently has a “buy” rating on the stock. Rosenblatt Securities‘s price objective suggests a potential upside of 61.87% from the stock’s previous close.

Several other equities analysts have also recently issued reports on DDOG. Guggenheim restated a “buy” rating on shares of Datadog in a research note on Wednesday. Canaccord Genuity Group boosted their price objective on shares of Datadog from $250.00 to $295.00 and gave the company a “buy” rating in a report on Tuesday, August 4th. Sanford C. Bernstein lowered their price objective on shares of Datadog from $350.00 to $273.00 and set an “outperform” rating on the stock in a research report on Thursday. Weiss Ratings upgraded shares of Datadog from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, October 8th. Finally, Oppenheimer lifted their target price on shares of Datadog from $300.00 to $330.00 and gave the stock an “outperform” rating in a research report on Monday, October 26th. Two equities research analysts have rated the stock with a Strong Buy rating, forty-one have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Datadog has an average rating of “Moderate Buy” and an average price target of $276.33.

Datadog Stock Down 6.7%

NASDAQ DDOG traded down $12.65 during mid-day trading on Thursday, reaching $176.07. The stock had a trading volume of 6,742,301 shares, compared to its average volume of 5,110,398. The stock has a market cap of $63.22 billion, a PE ratio of 357.84, a price-to-earnings-growth ratio of 21.50 and a beta of 1.50. The company has a fifty day moving average price of $250.09 and a 200 day moving average price of $199.43. Datadog has a 1 year low of $98.01 and a 1 year high of $300.68. The company has a debt-to-equity ratio of 0.23, a current ratio of 3.20 and a quick ratio of 3.20.

Datadog (NASDAQ:DDOG) last announced its quarterly earnings results on Wednesday, November 4th. The company reported $0.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.64 by $0.17. Datadog had a return on equity of 5.67% and a net margin of 4.48%. The firm had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.15 billion. During the same period in the prior year, the company posted $0.55 earnings per share. The company’s quarterly revenue was up 35.2% on a year-over-year basis. On average, research analysts expect that Datadog will post 0.70 earnings per share for the current year.

Insider Buying and Selling at Datadog

In related news, CTO Alexis Le-Quoc sold 53,912 shares of the firm’s stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $253.36, for a total value of $13,659,144.32. Following the transaction, the chief technology officer owned 509,805 shares of the company’s stock, valued at approximately $129,164,194.80. This trade represents a 9.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO David Obstler sold 40,000 shares of the business’s stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $227.47, for a total transaction of $9,098,800.00. Following the sale, the chief financial officer owned 378,067 shares of the company’s stock, valued at $85,998,900.49. This trade represents a 9.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 745,293 shares of company stock worth $175,536,548. 6.48% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Datadog

A number of hedge funds have recently modified their holdings of the business. First Trust Advisors LP lifted its position in Datadog by 81.5% during the first quarter. First Trust Advisors LP now owns 3,685,562 shares of the company’s stock valued at $435,081,000 after purchasing an additional 1,654,429 shares in the last quarter. Assenagon Asset Management S.A. increased its position in Datadog by 197.9% in the third quarter. Assenagon Asset Management S.A. now owns 2,443,008 shares of the company’s stock worth $669,018,000 after buying an additional 1,622,904 shares in the last quarter. Janus Henderson Group PLC increased its position in Datadog by 22.8% in the first quarter. Janus Henderson Group PLC now owns 7,749,569 shares of the company’s stock worth $905,570,000 after buying an additional 1,439,082 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of Datadog by 162.2% in the first quarter. Arrowstreet Capital Limited Partnership now owns 1,571,018 shares of the company’s stock worth $185,459,000 after buying an additional 971,910 shares during the period. Finally, Bank of New York Mellon Corp raised its stake in shares of Datadog by 30.3% in the first quarter. Bank of New York Mellon Corp now owns 2,645,827 shares of the company’s stock worth $312,340,000 after buying an additional 615,090 shares during the period. Institutional investors own 78.29% of the company’s stock.

Datadog News Summary

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Datadog reported Q3 revenue of $1.20 billion, up 35.2% year over year, and adjusted EPS of $0.81, both ahead of analysts’ expectations. The company also raised its full-year outlook. Datadog Announces Third Quarter 2026 Financial Results
• Positive Sentiment: AI workloads and broader product adoption supported growth; Datadog also said non-AI customer revenue grew in the high-20s and infrastructure-monitoring ARR exceeded $2 billion. Datadog: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: Several analysts lowered price targets after the results, while maintaining positive ratings: Wells Fargo cut its target to $300 and Wedbush to $240, both retaining overweight/outperform ratings. Wells Fargo analyst rating
• Negative Sentiment: Investors are concerned that Q4 revenue growth will slow from Q3’s 35% pace, with the forecast implying roughly 26% year-over-year growth and revenue near the prior quarter’s level. Q3 Earnings Call Highlights AI Growth and Customer Renewals
• Negative Sentiment: Management cited reduced usage by a major AI customer, alongside discounts and lower-priced renewals, as factors weighing on growth. This customer volatility has heightened concerns about the durability of AI-driven demand. Datadog Says Lower Usage From Major AI Customer Is Weighing on Growth
• Negative Sentiment: The stock’s premium valuation may amplify concerns about decelerating growth and contributed to its post-earnings decline, even with results above estimates.

About Datadog

Datadog, Inc is a technology company that provides a cloud-based monitoring and security platform for applications, infrastructure and other technology environments. Its platform helps organizations collect, analyze and visualize data from servers, databases, containers, cloud services, applications and user interactions in a unified environment.

Datadog’s products include infrastructure monitoring, application performance monitoring, log management, real user monitoring, synthetic monitoring, network performance monitoring, cloud security, software delivery tools and incident-management capabilities.