Datadog (NASDAQ:DDOG) Given New $225.00 Price Target at Needham & Company LLC

Datadog (NASDAQ:DDOG) had its price target raised by Needham & Company LLC from $155.00 to $225.00 in a report published on Friday morning, Marketbeat Ratings reports. Needham & Company LLC currently has a buy rating on the stock.

Other equities research analysts have also recently issued reports about the stock. Benchmark restated a “buy” rating on shares of Datadog in a report on Thursday. Citizens Jmp upgraded Datadog from a “market perform” rating to an “outperform” rating and set a $225.00 price objective on the stock in a research note on Thursday. UBS Group set a $195.00 price objective on Datadog in a research report on Monday, February 9th. Scotiabank lowered their target price on Datadog from $180.00 to $160.00 and set a “sector outperform” rating on the stock in a report on Wednesday, February 11th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Datadog in a research report on Monday, April 20th. One equities research analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $211.76.

Datadog Trading Up 6.1%

NASDAQ:DDOG opened at $200.16 on Friday. The company’s 50 day moving average is $124.41 and its 200-day moving average is $136.98. The company has a quick ratio of 3.38, a current ratio of 3.40 and a debt-to-equity ratio of 0.25. Datadog has a 12 month low of $98.01 and a 12 month high of $201.69. The firm has a market cap of $70.57 billion, a price-to-earnings ratio of 526.75, a P/E/G ratio of 68.31 and a beta of 1.30.

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

Insider Buying and Selling

In other Datadog news, CTO Alexis Le-Quoc sold 53,912 shares of the company’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $125.49, for a total value of $6,765,416.88. Following the sale, the chief technology officer directly owned 437,257 shares in the company, valued at $54,871,380.93. This represents a 10.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Olivier Pomel sold 68,922 shares of the company’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $110.54, for a total value of $7,618,637.88. Following the completion of the sale, the chief executive officer owned 704,821 shares in the company, valued at $77,910,913.34. This trade represents a 8.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 654,018 shares of company stock valued at $80,903,197. 6.67% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Datadog

Several institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of Datadog by 30.3% during the 3rd quarter. Vanguard Group Inc. now owns 41,902,227 shares of the company’s stock worth $5,966,877,000 after purchasing an additional 9,748,738 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its position in Datadog by 7.1% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 14,423,814 shares of the company’s stock valued at $1,961,496,000 after buying an additional 956,993 shares in the last quarter. State Street Corp boosted its position in Datadog by 106.8% in the third quarter. State Street Corp now owns 13,732,777 shares of the company’s stock valued at $1,955,547,000 after buying an additional 7,091,075 shares in the last quarter. Geode Capital Management LLC grew its stake in Datadog by 2.2% during the fourth quarter. Geode Capital Management LLC now owns 9,056,086 shares of the company’s stock worth $1,227,184,000 after buying an additional 197,816 shares during the last quarter. Finally, Jennison Associates LLC grew its stake in Datadog by 43.7% during the fourth quarter. Jennison Associates LLC now owns 7,623,993 shares of the company’s stock worth $1,036,787,000 after buying an additional 2,316,994 shares during the last quarter. Institutional investors and hedge funds own 78.29% of the company’s stock.

Datadog News Roundup

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

About Datadog

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.