Cantor Fitzgerald Issues Positive Forecast for Dynatrace (NYSE:DT) Stock Price

Dynatrace (NYSE:DT) had its price objective lifted by investment analysts at Cantor Fitzgerald from $37.00 to $47.00 in a report released on Monday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. Cantor Fitzgerald’s price objective points to a potential upside of 6.09% from the company’s current price.

Other equities analysts also recently issued reports about the stock. Canaccord Genuity Group lowered their target price on shares of Dynatrace from $50.00 to $46.00 and set a “buy” rating on the stock in a research report on Thursday, May 14th. Truist Financial increased their price objective on Dynatrace from $45.00 to $55.00 and gave the company a “buy” rating in a report on Thursday, July 9th. Rothschild & Co Redburn started coverage on Dynatrace in a research note on Thursday, April 23rd. They issued a “neutral” rating and a $40.00 price objective on the stock. Wolfe Research restated an “outperform” rating and issued a $42.00 target price on shares of Dynatrace in a report on Thursday, May 14th. Finally, Rosenblatt Securities decreased their target price on Dynatrace from $60.00 to $52.00 and set a “buy” rating for the company in a research report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, Dynatrace currently has a consensus rating of “Moderate Buy” and a consensus price target of $49.81.

Dynatrace Stock Down 0.0%

DT stock opened at $44.30 on Monday. The firm has a 50 day moving average of $42.80 and a two-hundred day moving average of $39.31. Dynatrace has a 12 month low of $31.64 and a 12 month high of $54.01. The company has a market capitalization of $12.86 billion, a price-to-earnings ratio of 82.05, a P/E/G ratio of 2.85 and a beta of 0.73.

Dynatrace (NYSE:DT) last released its quarterly earnings results on Wednesday, May 13th. The company reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. Dynatrace had a net margin of 8.06% and a return on equity of 10.37%. The business had revenue of $531.72 million for the quarter, compared to the consensus estimate of $521.01 million. During the same quarter last year, the firm earned $0.33 EPS. Dynatrace’s revenue for the quarter was up 19.4% on a year-over-year basis. Dynatrace has set its FY 2027 guidance at 1.930-1.950 EPS and its Q1 2027 guidance at 0.440-0.450 EPS. On average, research analysts expect that Dynatrace will post 1.11 EPS for the current fiscal year.

Institutional Investors Weigh In On Dynatrace

Hedge funds have recently bought and sold shares of the company. Merit Financial Group LLC grew its position in shares of Dynatrace by 182.1% in the second quarter. Merit Financial Group LLC now owns 15,533 shares of the company’s stock valued at $682,000 after purchasing an additional 10,026 shares during the last quarter. Diversified Trust Co. acquired a new position in shares of Dynatrace during the 2nd quarter worth about $381,000. Farther Finance Advisors LLC lifted its position in shares of Dynatrace by 19.3% during the 2nd quarter. Farther Finance Advisors LLC now owns 3,760 shares of the company’s stock worth $165,000 after purchasing an additional 609 shares during the last quarter. Sequoia Financial Advisors LLC boosted its stake in Dynatrace by 25.2% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 100,563 shares of the company’s stock valued at $4,416,000 after purchasing an additional 20,222 shares during the period. Finally, Reyes Financial Architecture Inc. boosted its stake in Dynatrace by 49.9% during the 2nd quarter. Reyes Financial Architecture Inc. now owns 2,739 shares of the company’s stock valued at $120,000 after purchasing an additional 912 shares during the period. 94.28% of the stock is currently owned by institutional investors.

About Dynatrace

Dynatrace is a global software intelligence company specializing in application performance management (APM), cloud infrastructure monitoring, and digital experience management. Its flagship offering, the Dynatrace Software Intelligence Platform, leverages artificial intelligence to provide real-time observability across distributed environments, including on-premises data centers, private clouds, public clouds and hybrid deployments. Organizations rely on Dynatrace to detect anomalies, troubleshoot performance issues and optimize end-user experiences through automated root-cause analysis powered by the company’s engine, Davis.

The Dynatrace platform comprises modules for full-stack application monitoring, digital experience monitoring, infrastructure monitoring and business analytics.