Datadog (NASDAQ:DDOG) Issues Earnings Results, Misses Estimates By $0.31 EPS

Datadog (NASDAQ:DDOG) posted its earnings results on Thursday. The company reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.31), Zacks reports. Datadog had a net margin of 7.58% and a return on equity of 9.41%. Datadog updated its FY 2025 guidance to 1.650-1.700 EPS and its Q1 2025 guidance to 0.410-0.430 EPS.

Datadog Price Performance

Shares of DDOG stock traded down $13.83 during trading hours on Thursday, reaching $134.26. 13,147,189 shares of the company were exchanged, compared to its average volume of 4,605,211. The company has a market cap of $45.61 billion, a price-to-earnings ratio of 253.26, a P/E/G ratio of 16.83 and a beta of 1.15. The stock’s fifty day moving average is $146.40 and its two-hundred day moving average is $130.89. Datadog has a fifty-two week low of $98.80 and a fifty-two week high of $170.08.

Insider Activity at Datadog

In other Datadog news, CEO Olivier Pomel sold 178,723 shares of Datadog 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 completion of the sale, the chief executive officer now owns 379,693 shares of the company’s stock, valued at approximately $61,236,887.04. The trade was a 32.01 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CTO Alexis Le-Quoc sold 127,105 shares of the stock in a transaction on Wednesday, January 8th. The shares were sold at an average price of $141.21, for a total value of $17,948,497.05. Following the completion of the transaction, the chief technology officer now directly owns 324,778 shares in the company, valued at approximately $45,861,901.38. This trade represents a 28.13 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 777,586 shares of company stock valued at $111,444,979 over the last quarter. Corporate insiders own 11.78% of the company’s stock.

Analyst Upgrades and Downgrades

DDOG has been the topic of several recent analyst reports. Stifel Nicolaus cut Datadog from a “buy” rating to a “hold” rating and dropped their target price for the stock from $165.00 to $140.00 in a report on Wednesday, January 29th. Mizuho lifted their price target on Datadog from $155.00 to $170.00 and gave the company an “outperform” rating in a report on Friday, December 13th. Royal Bank of Canada raised their price target on shares of Datadog from $151.00 to $170.00 and gave the company an “outperform” rating in a report on Friday, January 3rd. Wedbush raised shares of Datadog from a “buy” rating to a “strong-buy” rating in a research report on Thursday, October 17th. Finally, DA Davidson boosted their price target on Datadog from $150.00 to $165.00 and gave the stock a “buy” rating in a research report on Monday. One research analyst has rated the stock with a sell rating, five have issued a hold rating, twenty-five have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $158.52.

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.