Cantor Fitzgerald Predicts Datadog FY2025 Earnings

Datadog, Inc. (NASDAQ:DDOG) – Research analysts at Cantor Fitzgerald issued their FY2025 EPS estimates for Datadog in a research report issued on Tuesday, January 21st. Cantor Fitzgerald analyst T. Blakey expects that the company will earn $0.68 per share for the year. Cantor Fitzgerald 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.

DDOG has been the subject of several other research reports. Scotiabank lowered their target price on shares of Datadog from $135.00 to $133.00 and set a “sector outperform” rating for the company in a research note on Friday, November 8th. Jefferies Financial Group raised their price objective on Datadog from $155.00 to $170.00 and gave the stock a “buy” rating in a research note on Monday, January 6th. DA Davidson increased their price target on Datadog from $140.00 to $150.00 and gave the stock a “buy” rating in a report on Friday, November 8th. Citigroup lifted their price objective on Datadog from $157.00 to $170.00 and gave the company a “buy” rating in a report on Friday, January 17th. Finally, 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 note on Friday, November 8th. One investment 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 assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $158.45.

Datadog Stock Performance

Shares of DDOG opened at $138.40 on Wednesday. The stock has a market cap 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 50-day moving average price is $146.35 and its two-hundred day moving average price is $128.63. Datadog has a 1 year low of $98.80 and a 1 year high of $170.08.

Insider Buying and Selling

In other Datadog news, CEO Olivier Pomel sold 178,723 shares of the stock in a transaction dated 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 transaction, the chief executive officer now directly owns 379,693 shares of the company’s stock, valued at $61,236,887.04. This represents a 32.01 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Shardul Shah sold 7,916 shares of the business’s stock in a transaction that occurred on 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 sale, the director now owns 427,785 shares of the company’s stock, valued at approximately $60,796,804.20. This represents a 1.82 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 617,679 shares of company stock worth $88,668,671. Company insiders own 11.78% of the company’s stock.

Institutional Trading of Datadog

Hedge funds have recently added to or reduced their stakes in the company. Avior Wealth Management LLC increased its position in Datadog by 55.9% during the 4th quarter. Avior Wealth Management LLC now owns 226 shares of the company’s stock worth $32,000 after buying an additional 81 shares during the period. Pathstone Holdings LLC raised its stake in Datadog by 0.4% in the 3rd quarter. Pathstone Holdings LLC now owns 23,152 shares of the company’s stock worth $2,664,000 after purchasing an additional 91 shares in the last quarter. GAMMA Investing LLC boosted its holdings in Datadog by 19.5% in the 3rd quarter. GAMMA Investing LLC now owns 563 shares of the company’s stock valued at $65,000 after purchasing an additional 92 shares during the period. Meeder Asset Management Inc. grew its position in shares of Datadog by 66.5% during the 3rd quarter. Meeder Asset Management Inc. now owns 288 shares of the company’s stock worth $33,000 after purchasing an additional 115 shares in the last quarter. Finally, Hudock Inc. increased its holdings in shares of Datadog by 3.3% during the third quarter. Hudock Inc. now owns 3,596 shares of the company’s stock worth $414,000 after purchasing an additional 116 shares during the period. 78.29% of the stock is owned by institutional investors and hedge funds.

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.