Datadog (DDOG) to Release Earnings on Tuesday

Datadog (NASDAQ:DDOG) is anticipated to issue its Q1 2025 quarterly earnings data before the market opens on Tuesday, May 6th. Analysts expect the company to announce earnings of $0.42 per share and revenue of $741.73 million for the quarter. Datadog has set its FY 2025 guidance at 1.650-1.700 EPS and its Q1 2025 guidance at 0.410-0.430 EPS.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings data on Thursday, February 13th. The company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.31). Datadog had a net margin of 6.85% and a return on equity of 8.28%. On average, analysts expect Datadog to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Datadog Stock Up 0.2 %

Shares of NASDAQ:DDOG opened at $101.74 on Tuesday. Datadog has a 52-week low of $81.63 and a 52-week high of $170.08. The company has a market capitalization of $34.87 billion, a price-to-earnings ratio of 199.49, a price-to-earnings-growth ratio of 44.03 and a beta of 1.20. The company has a 50 day moving average of $102.20 and a two-hundred day moving average of $127.12.

Insider Buying and Selling

In other Datadog news, CEO Olivier Pomel sold 107,365 shares of the company’s stock in a transaction dated Monday, April 7th. The shares were sold at an average price of $87.33, for a total transaction of $9,376,185.45. Following the completion of the sale, the chief executive officer now directly owns 563,598 shares of the company’s stock, valued at approximately $49,219,013.34. This represents a 16.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CTO Alexis Le-Quoc sold 127,105 shares of the firm’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $142.78, for a total transaction of $18,148,051.90. Following the completion of the transaction, the chief technology officer now owns 324,778 shares of the company’s stock, valued at approximately $46,371,802.84. The trade was a 28.13 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 512,561 shares of company stock valued at $57,166,767 over the last three months. Company insiders own 11.78% of the company’s stock.

Hedge Funds Weigh In On Datadog

An institutional investor recently bought a new position in Datadog stock. Brighton Jones LLC acquired a new position in Datadog, Inc. (NASDAQ:DDOG) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 1,465 shares of the company’s stock, valued at approximately $209,000. 78.29% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Stifel Nicolaus downgraded shares of Datadog from a “buy” rating to a “hold” rating and decreased their price target for the stock from $165.00 to $140.00 in a research report on Wednesday, January 29th. Royal Bank of Canada raised their price target on shares of Datadog from $151.00 to $170.00 and gave the stock an “outperform” rating in a research report on Friday, January 3rd. JMP Securities restated a “market perform” rating on shares of Datadog in a research note on Friday, February 14th. Truist Financial reduced their price objective on Datadog from $140.00 to $120.00 and set a “hold” rating on the stock in a research note on Monday, March 31st. Finally, Guggenheim restated a “neutral” rating on shares of Datadog in a research note on Wednesday, January 22nd. Seven analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $150.33.

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.