Citizens Jmp Upgrades Datadog (NASDAQ:DDOG) to Outperform

Datadog (NASDAQ:DDOG) was upgraded by equities researchers at Citizens Jmp from a “market perform” rating to an “outperform” rating in a report issued on Thursday, Marketbeat reports. The firm currently has a $225.00 target price on the stock. Citizens Jmp’s target price suggests a potential upside of 12.41% from the stock’s previous close.

Several other research analysts have also recently commented on DDOG. TD Cowen lowered their target price on Datadog from $215.00 to $190.00 and set a “buy” rating for the company in a research note on Wednesday, April 15th. Benchmark initiated coverage on Datadog in a report on Wednesday, April 1st. They set a “buy” rating for the company. BTIG Research decreased their price target on Datadog from $221.00 to $170.00 and set a “buy” rating for the company in a report on Tuesday, February 10th. Needham & Company LLC decreased their price target on Datadog from $220.00 to $155.00 and set a “buy” rating for the company in a report on Tuesday, February 10th. Finally, Robert W. Baird set a $180.00 price target on Datadog in a report on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Datadog has a consensus rating of “Moderate Buy” and a consensus price target of $211.76.

Datadog Trading Up 6.1%

DDOG opened at $200.16 on Thursday. Datadog has a 12 month low of $98.01 and a 12 month high of $201.69. The stock has a market capitalization of $70.57 billion, a price-to-earnings ratio of 526.75, a PEG ratio of 68.31 and a beta of 1.30. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.40 and a quick ratio of 3.38. The business has a fifty day moving average price of $124.41 and a 200 day moving average price of $136.98.

Datadog (NASDAQ:DDOG) last released its earnings results on Thursday, May 7th. The company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.51 by $0.09. Datadog had a return on equity of 4.83% and a net margin of 3.69%.The firm had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $960.12 million. During the same period in the previous year, the firm posted $0.46 EPS. Datadog’s revenue for the quarter was up 32.1% on a year-over-year basis. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. Sell-side analysts expect that Datadog will post 0.32 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CRO Sean Michael Walters sold 1,914 shares of the business’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $150.00, for a total value of $287,100.00. Following the completion of the sale, the executive directly owned 291,267 shares of the company’s stock, valued at approximately $43,690,050. The trade was a 0.65% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Julie Richardson sold 502 shares of the business’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $150.00, for a total value of $75,300.00. Following the completion of the sale, the director directly owned 4,168 shares of the company’s stock, valued at $625,200. The trade was a 10.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 654,018 shares of company stock worth $80,903,197. Corporate insiders own 6.67% of the company’s stock.

Institutional Trading of Datadog

Institutional investors and hedge funds have recently made changes to their positions in the company. Westside Investment Management Inc. lifted its holdings in shares of Datadog by 74.3% in the 3rd quarter. Westside Investment Management Inc. now owns 176 shares of the company’s stock valued at $27,000 after purchasing an additional 75 shares during the last quarter. Rothschild Investment LLC lifted its holdings in shares of Datadog by 126.6% in the 3rd quarter. Rothschild Investment LLC now owns 179 shares of the company’s stock valued at $25,000 after purchasing an additional 100 shares during the last quarter. Physician Wealth Advisors Inc. lifted its holdings in shares of Datadog by 315.2% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 191 shares of the company’s stock valued at $27,000 after purchasing an additional 145 shares during the last quarter. JPL Wealth Management LLC purchased a new stake in shares of Datadog in the 3rd quarter valued at about $27,000. Finally, Hazlett Burt & Watson Inc. purchased a new stake in shares of Datadog in the 3rd quarter valued at about $28,000. 78.29% of the stock is owned by hedge funds and other institutional investors.

Key Datadog News

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Datadog delivered a beat-and-raise quarter, with Q1 revenue of about $1.01 billion and EPS of $0.60 both ahead of estimates, while management lifted FY 2026 and Q2 guidance well above consensus. Datadog Q1 2026 Financial Results
• Positive Sentiment: Several major Wall Street firms raised price targets after the results, including Citigroup, RBC, Piper Sandler, Wedbush, TD Cowen, Morgan Stanley, Mizuho, and others, reinforcing the bullish case and supporting the stock’s rally. Analyst price target hikes
• Positive Sentiment: Management highlighted strong demand across AI-native and non-AI customers, plus growth in larger customers and new product launches, which suggests the growth story is broadening beyond one-time earnings strength. RBC commentary on Datadog
• Neutral Sentiment: Heavy call-option buying and elevated trading volume indicate strong short-term momentum, but some of the move may be trader-driven and could increase volatility. Options activity report
• Negative Sentiment: Several insiders, including the CTO, general counsel, and a director, sold shares in pre-arranged 10b5-1 transactions, which may temper enthusiasm for some investors even though the sales were scheduled in advance. SEC filing for insider sale

Datadog Company Profile

Datadog (NASDAQ: DDOG) is a cloud-based monitoring and observability platform that helps organizations monitor, troubleshoot and secure their applications and infrastructure at scale. Its software-as-a-service offering collects and analyzes metrics, traces and logs from servers, containers, cloud services and applications to provide real-time visibility into system performance and health. Datadog’s platform is widely used by engineering, operations and security teams to reduce downtime, accelerate incident response and improve application reliability.

The company’s product suite includes infrastructure monitoring, application performance monitoring (APM), log management, real user monitoring (RUM), synthetic monitoring and network performance monitoring, along with security-focused products such as security monitoring and cloud SIEM.