Dynatrace, Inc. (NYSE:DT) Stock Has Consensus Price Target of $63.97 According to Brokerages

Dynatrace, Inc. (NYSE:DT) has received a consensus recommendation of “Moderate Buy” from the thirty-two analysts that are currently covering the firm, MarketBeat Ratings reports. Eight equities research analysts have rated the stock with a hold recommendation and twenty-four have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $62.00.

Several research firms recently issued reports on DT. Morgan Stanley raised Dynatrace from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $58.00 to $65.00 in a research report on Tuesday, August 25th. BMO Capital Markets increased their price objective on shares of Dynatrace from $60.00 to $62.00 and gave the company an “outperform” rating in a research note on Tuesday, September 15th. Royal Bank Of Canada lowered their target price on Dynatrace from $73.00 to $68.00 and set an “outperform” rating for the company in a report on Wednesday. Canaccord Genuity Group upped their price objective on shares of Dynatrace from $46.00 to $60.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Finally, Oppenheimer boosted their price target on Dynatrace from $60.00 to $71.00 and gave the company an “outperform” rating in a research note on Thursday, September 24th.

Key Dynatrace News

Here are the key news stories impacting Dynatrace this week:

• Positive Sentiment: Scotiabank maintained its Buy rating, signaling continued confidence in Dynatrace’s prospects. Scotiabank Sticks to Its Buy Rating for Dynatrace
• Positive Sentiment: Dynatrace’s board declared a share-buyback plan, which could support demand for the stock; the available report does not specify its size. Dynatrace Board Declares Share Buyback Plan
• Neutral Sentiment: Dynatrace is pairing AI security with observability, a strategic move that could open opportunities, though the article headline alone does not establish its likely near-term financial impact. Why Is Dynatrace Pairing AI Security With Observability Now?
• Negative Sentiment: Several analysts lowered price targets, including RBC to $68, Citi to $70, and Wedbush to $50 while retaining a Neutral rating. Although UBS also cut its target—to $75—it kept a Buy rating. Repeated reductions may add pressure despite targets remaining above the recent share price. RBC Cuts Dynatrace Price Target Citi Sets New Price Target Wedbush Trims Price Target
• Negative Sentiment: Commentary points to slower momentum and delayed enterprise deals weighing on the outlook, with Q4 seen as an important test. Shares also crossed below their 200-day moving average, a technical signal that can reinforce bearish sentiment. Dynatrace Q2 Review Delayed Enterprise Deals Weigh on Outlook Stock Crosses Below 200-Day Moving Average

Dynatrace Stock Down 0.6%

Dynatrace stock opened at $43.42 on Monday. Dynatrace has a 52-week low of $31.64 and a 52-week high of $66.30. The firm has a market cap of $12.55 billion, a PE ratio of 56.26, a price-to-earnings-growth ratio of 3.38 and a beta of 0.76. The company’s 50 day moving average is $57.24 and its two-hundred day moving average is $44.70.

Dynatrace (NYSE:DT) last released its quarterly earnings results on Tuesday, November 3rd. The company reported $0.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.49 by $0.05. The company had revenue of $579.92 million during the quarter, compared to analysts’ expectations of $568.03 million. Dynatrace had a return on equity of 11.07% and a net margin of 7.22%. The company’s revenue for the quarter was up 17.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.44 earnings per share. On average, equities research analysts anticipate that Dynatrace will post 1.11 earnings per share for the current fiscal year.

Dynatrace announced that its Board of Directors has authorized a stock repurchase program on Tuesday, November 3rd that allows the company to repurchase $1 billion in outstanding shares. This repurchase authorization allows the company to reacquire up to 6.3% of its shares through open market purchases. Share repurchase programs are generally a sign that the company’s management believes its shares are undervalued.

Insider Buying and Selling

In related news, EVP Bernd Greifeneder sold 50,000 shares of the stock in a transaction dated Friday, September 18th. The stock was sold at an average price of $57.21, for a total transaction of $2,860,500.00. Following the transaction, the executive vice president directly owned 904,846 shares in the company, valued at approximately $51,766,239.66. This represents a 5.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.69% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Dynatrace

A number of large investors have recently modified their holdings of DT. Aberdeen Group plc purchased a new position in Dynatrace in the 3rd quarter worth approximately $4,394,000. William Blair Investment Management LLC lifted its holdings in Dynatrace by 0.4% during the 3rd quarter. William Blair Investment Management LLC now owns 3,873,980 shares of the company’s stock worth $223,684,000 after buying an additional 16,239 shares during the last quarter. Allworth Financial LP grew its position in Dynatrace by 6.1% during the third quarter. Allworth Financial LP now owns 11,076 shares of the company’s stock worth $640,000 after buying an additional 634 shares during the period. Eurizon Capital SGR S.p.A. raised its position in shares of Dynatrace by 51.9% in the 3rd quarter. Eurizon Capital SGR S.p.A. now owns 4,874 shares of the company’s stock worth $281,000 after buying an additional 1,665 shares during the period. Finally, Fifth Third Bancorp increased its holdings in Dynatrace by 25.2% in the third quarter. Fifth Third Bancorp now owns 224,816 shares of the company’s stock valued at $12,981,000 after buying an additional 45,306 shares during the last quarter. 94.28% of the stock is currently owned by institutional investors.

About Dynatrace

Dynatrace, Inc provides an observability and application security platform designed to help organizations monitor, analyze and optimize complex digital environments. Its software uses artificial intelligence and automation to provide visibility across applications, infrastructure, cloud services, logs, user experiences and business operations.

The company’s products support application performance monitoring, infrastructure monitoring, digital experience monitoring, log and analytics management, cloud automation and application security.