Cantor Fitzgerald Weighs in on Datadog FY2025 Earnings

Datadog, Inc. (NASDAQ:DDOG) – Analysts at Cantor Fitzgerald issued their FY2025 earnings estimates for shares of Datadog in a report released on Tuesday, January 21st. Cantor Fitzgerald analyst T. Blakey forecasts that the company will post earnings per share of $0.68 for the year. Cantor Fitzgerald currently has a “Overweight” rating and a $180.00 price objective on the stock. The consensus estimate for Datadog’s current full-year earnings is $0.53 per share.

Other equities analysts also recently issued reports about the company. Barclays raised their price objective on Datadog from $155.00 to $187.00 and gave the stock an “overweight” rating in a report on Friday, December 6th. Sanford C. Bernstein cut their price target on shares of Datadog from $157.00 to $151.00 and set an “outperform” rating on the stock in a report on Monday, October 21st. Guggenheim reiterated a “neutral” rating on shares of Datadog in a research note on Wednesday. DA Davidson raised their target price on shares of Datadog from $140.00 to $150.00 and gave the company a “buy” rating in a research note on Friday, November 8th. Finally, UBS Group reaffirmed an “underperform” rating on shares of Datadog in a research report on Friday, October 18th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, twenty-six have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $158.45.

Datadog Trading Up 1.2 %

Shares of DDOG opened at $140.12 on Wednesday. The stock’s fifty day simple moving average is $146.65 and its 200 day simple moving average is $128.66. Datadog has a twelve month low of $98.80 and a twelve month high of $170.08. The firm has a market capitalization of $47.60 billion, a P/E ratio of 264.38, a price-to-earnings-growth ratio of 16.31 and a beta of 1.14.

Insider Activity at Datadog

In other Datadog news, Director Shardul Shah sold 7,916 shares of Datadog stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $155.25, for a total value of $1,228,959.00. Following the completion of the transaction, the director now directly owns 435,701 shares in the company, valued at $67,642,580.25. The trade was a 1.78 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CTO Alexis Le-Quoc sold 127,105 shares of the company’s stock in a transaction that occurred on Wednesday, January 8th. The shares were sold at an average price of $141.21, for a total value of $17,948,497.05. Following the transaction, the chief technology officer now directly owns 324,778 shares of the company’s stock, valued at $45,861,901.38. 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 ninety days, insiders have sold 617,679 shares of company stock valued at $88,668,671. Corporate insiders own 11.78% of the company’s stock.

Institutional Investors Weigh In On Datadog

Hedge funds have recently added to or reduced their stakes in the stock. True Wealth Design LLC boosted its position in shares of Datadog by 12,000.0% during the third quarter. True Wealth Design LLC now owns 242 shares of the company’s stock worth $28,000 after buying an additional 240 shares during the period. Retirement Wealth Solutions LLC acquired a new position in Datadog during the 4th quarter worth $30,000. Avior Wealth Management LLC grew its stake in shares of Datadog by 55.9% in the fourth quarter. Avior Wealth Management LLC now owns 226 shares of the company’s stock worth $32,000 after purchasing an additional 81 shares in the last quarter. Meeder Asset Management Inc. increased its holdings in shares of Datadog by 66.5% during the third quarter. Meeder Asset Management Inc. now owns 288 shares of the company’s stock valued at $33,000 after purchasing an additional 115 shares during the period. Finally, Quarry LP acquired a new position in shares of Datadog during the third quarter valued at $33,000. 78.29% of the stock is currently owned by institutional investors.

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.