Zacks Research Forecasts Datadog’s Q1 Earnings (NASDAQ:DDOG)

Datadog, Inc. (NASDAQ:DDOG) – Equities researchers at Zacks Research lifted their Q1 2025 earnings per share estimates for shares of Datadog in a research note issued to investors on Thursday, January 16th. Zacks Research analyst R. Department now anticipates that the company will post earnings per share of $0.13 for the quarter, up from their previous estimate of $0.12. The consensus estimate for Datadog’s current full-year earnings is $0.53 per share. Zacks Research also issued estimates for Datadog’s FY2025 earnings at $0.74 EPS, Q4 2026 earnings at $0.38 EPS and FY2026 earnings at $1.22 EPS.

DDOG has been the topic of several other reports. Robert W. Baird increased their target price on Datadog from $140.00 to $150.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Rosenblatt Securities increased their target price on Datadog from $140.00 to $148.00 and gave the stock a “buy” rating in a research report on Friday, November 8th. Loop Capital increased their target price on Datadog from $160.00 to $200.00 and gave the stock a “buy” rating in a research report on Monday, December 23rd. DA Davidson increased their target price on Datadog from $140.00 to $150.00 and gave the stock a “buy” rating in a research report on Friday, November 8th. Finally, Scotiabank cut their target price on Datadog from $135.00 to $133.00 and set a “sector outperform” rating on the stock in a research report on Friday, November 8th. One analyst has rated the stock with a sell rating, three have given a hold rating, twenty-six have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Datadog presently has an average rating of “Moderate Buy” and a consensus target price of $158.45.

Datadog Stock Performance

Shares of DDOG opened at $138.40 on Monday. The firm has a market capitalization of $47.02 billion, a P/E ratio of 261.14, a price-to-earnings-growth ratio of 16.31 and a beta of 1.14. The stock’s fifty day simple moving average is $146.35 and its 200 day simple moving average is $128.63. Datadog has a twelve month low of $98.80 and a twelve month high of $170.08.

Hedge Funds Weigh In On Datadog

A number of hedge funds and other institutional investors have recently bought and sold shares of DDOG. True Wealth Design LLC boosted its stake in Datadog by 12,000.0% in the third quarter. True Wealth Design LLC now owns 242 shares of the company’s stock valued at $28,000 after acquiring an additional 240 shares during the period. Retirement Wealth Solutions LLC acquired a new position in Datadog in the fourth quarter valued at approximately $30,000. Avior Wealth Management LLC boosted its stake in Datadog by 55.9% in the fourth quarter. Avior Wealth Management LLC now owns 226 shares of the company’s stock valued at $32,000 after acquiring an additional 81 shares during the period. Meeder Asset Management Inc. boosted its stake in Datadog by 66.5% in the third quarter. Meeder Asset Management Inc. now owns 288 shares of the company’s stock valued at $33,000 after acquiring an additional 115 shares during the period. Finally, Quarry LP acquired a new position in shares of Datadog during the third quarter worth approximately $33,000. 78.29% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Shardul Shah sold 7,916 shares of Datadog stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $142.12, for a total value of $1,125,021.92. Following the completion of the transaction, the director now directly owns 427,785 shares in the company, valued at approximately $60,796,804.20. This trade represents a 1.82 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Olivier Pomel sold 178,723 shares of Datadog stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $161.28, for a total value of $28,824,445.44. Following the completion of the transaction, the chief executive officer now owns 379,693 shares of the company’s stock, valued at approximately $61,236,887.04. The trade was a 32.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 617,679 shares of company stock worth $88,668,671. Corporate insiders own 11.78% of the company’s stock.

About Datadog

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.