Datadog (NASDAQ:DDOG) Issues Quarterly Earnings Results, Misses Expectations By $0.31 EPS

Datadog (NASDAQ:DDOG) announced its quarterly earnings results on Thursday. The company reported $0.13 EPS 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 traded down $14.01 during trading on Thursday, reaching $134.08. 12,564,619 shares of the company’s stock were exchanged, compared to its average volume of 4,580,827. Datadog has a fifty-two week low of $98.80 and a fifty-two week high of $170.08. The stock has a market capitalization of $45.55 billion, a P/E ratio of 252.61, a PEG ratio of 16.83 and a beta of 1.15. The business has a 50 day moving average price of $146.40 and a 200-day moving average price of $130.89.

Insider Transactions at Datadog

In related news, President Amit Agarwal sold 150,000 shares of Datadog stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $126.03, for a total transaction of $18,904,500.00. Following the completion of the sale, the president now directly owns 214,275 shares of the company’s stock, valued at approximately $27,005,078.25. This trade represents a 41.18 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO David M. Obstler sold 33,334 shares of the company’s stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $135.95, for a total value of $4,531,757.30. Following the completion of the transaction, the chief financial officer now directly owns 314,158 shares in the company, valued at approximately $42,709,780.10. This represents a 9.59 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 777,586 shares of company stock worth $111,444,979. 11.78% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. Citigroup increased their target price on shares of Datadog from $157.00 to $170.00 and gave the company a “buy” rating in a research note on Friday, January 17th. Macquarie reiterated an “outperform” rating and issued a $200.00 price objective on shares of Datadog in a research note on Tuesday. Rosenblatt Securities lifted their price target on shares of Datadog from $148.00 to $160.00 and gave the company a “buy” rating in a report on Wednesday. Robert W. Baird boosted their target price on Datadog from $140.00 to $150.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Finally, Wedbush raised shares of Datadog from a “buy” rating to a “strong-buy” rating in a research note on Thursday, October 17th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, twenty-five have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, Datadog presently has an average rating of “Moderate Buy” and an average target price of $158.52.

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.