Datadog (NASDAQ:DDOG – Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 1.650-1.700 for the period, compared to the consensus earnings per share estimate of 1.980. The company issued revenue guidance of $3.2 billion-$3.2 billion, compared to the consensus revenue estimate of $3.2 billion. Datadog also updated its Q1 2025 guidance to 0.410-0.430 EPS.
Analyst Ratings Changes
A number of brokerages recently issued reports on DDOG. Royal Bank of Canada raised their price objective on shares of Datadog from $151.00 to $170.00 and gave the company an “outperform” rating in a report on Friday, January 3rd. Truist Financial downgraded shares of Datadog from a “buy” rating to a “hold” rating and dropped their price target for the company from $170.00 to $150.00 in a research note on Tuesday, January 7th. BMO Capital Markets boosted their price objective on shares of Datadog from $135.00 to $145.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. Guggenheim reaffirmed a “neutral” rating on shares of Datadog in a research report on Wednesday, January 22nd. Finally, Barclays lifted their target price on Datadog from $155.00 to $187.00 and gave the stock an “overweight” rating in a report on Friday, December 6th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, twenty-four have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, Datadog has an average rating of “Moderate Buy” and a consensus price target of $158.17.
Check Out Our Latest Analysis on DDOG
Datadog Trading Down 8.2 %
Datadog (NASDAQ:DDOG – Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The company reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.31). Datadog had a net margin of 7.58% and a return on equity of 9.41%. Sell-side analysts predict that Datadog will post 0.53 EPS for the current year.
Insider Buying and Selling at Datadog
In other news, CEO Olivier Pomel sold 11,195 shares of the stock in a transaction dated Monday, January 27th. The shares were sold at an average price of $139.86, for a total value of $1,565,732.70. Following the completion of the sale, the chief executive officer now owns 379,693 shares in the company, valued at $53,103,862.98. This represents a 2.86 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CTO Alexis Le-Quoc sold 127,105 shares of the business’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $142.78, for a total transaction of $18,148,051.90. Following the transaction, the chief technology officer now owns 324,778 shares in the company, valued at approximately $46,371,802.84. This trade represents a 28.13 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 627,586 shares of company stock worth $92,540,479. Insiders own 11.78% of the company’s stock.
Datadog Company Profile
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.
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