Datadog (NASDAQ:DDOG) Posts Quarterly Earnings Results, Misses Estimates By $0.31 EPS

Datadog (NASDAQ:DDOGGet Free Report) issued its quarterly earnings results on Thursday. The company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.31), Zacks reports. Datadog had a net margin of 7.58% and a return on equity of 9.41%. Datadog updated its FY 2025 guidance to 1.650-1.700 EPS and its Q1 2025 guidance to 0.410-0.430 EPS.

Datadog Price Performance

NASDAQ:DDOG opened at $135.89 on Friday. The company’s 50-day moving average is $146.40 and its two-hundred day moving average is $130.89. The firm has a market capitalization of $46.16 billion, a price-to-earnings ratio of 256.40, a PEG ratio of 16.83 and a beta of 1.15. Datadog has a 1-year low of $98.80 and a 1-year high of $170.08.

Insider Transactions at Datadog

In related news, CEO Olivier Pomel sold 178,723 shares of the stock in a transaction on Monday, December 9th. The stock was 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 owns 379,693 shares of the company’s stock, valued at $61,236,887.04. This represents a 32.01 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CTO Alexis Le-Quoc sold 127,105 shares of the firm’s stock in a transaction that occurred on 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 sale, the chief technology officer now directly owns 324,778 shares in the company, valued at approximately $46,371,802.84. The trade was a 28.13 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 627,586 shares of company stock worth $92,540,479. 11.78% of the stock is currently owned by company insiders.

Analyst Ratings Changes

DDOG has been the topic of a number of analyst reports. Rosenblatt Securities lifted their target price on shares of Datadog from $148.00 to $160.00 and gave the company a “buy” rating in a research note on Wednesday. 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. Stifel Nicolaus downgraded Datadog from a “buy” rating to a “hold” rating and dropped their price target for the stock from $165.00 to $140.00 in a research note on Wednesday, January 29th. Citigroup lifted their price objective on shares of Datadog from $157.00 to $170.00 and gave the company a “buy” rating in a research report on Friday, January 17th. Finally, Wedbush upgraded shares of Datadog from a “buy” rating to a “strong-buy” rating in a research report on Thursday, October 17th. One analyst has rated the stock with a sell rating, six have given a hold rating, twenty-four have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, Datadog has an average rating of “Moderate Buy” and a consensus target price of $158.86.

Check Out Our Latest Stock Report on Datadog

About Datadog

(Get Free Report)

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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Earnings History for Datadog (NASDAQ:DDOG)

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