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

Datadog (NASDAQ:DDOG) announced its earnings results on Thursday. The company reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 Stock Performance

Shares of Datadog stock traded down $13.83 during midday trading on Thursday, hitting $134.26. 13,147,189 shares of the company traded hands, compared to its average volume of 4,605,211. The stock has a market cap of $45.61 billion, a price-to-earnings ratio of 253.26, a PEG ratio of 16.83 and a beta of 1.15. The firm’s fifty day moving average price is $146.40 and its 200-day moving average price is $130.89. Datadog has a 12 month low of $98.80 and a 12 month high of $170.08.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on DDOG shares. Royal Bank of Canada boosted their price objective on shares of Datadog from $151.00 to $170.00 and gave the stock an “outperform” rating in a research report on Friday, January 3rd. Rosenblatt Securities raised 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. Guggenheim reaffirmed a “neutral” rating on shares of Datadog in a research report on Wednesday, January 22nd. BMO Capital Markets lifted their price objective on shares of Datadog from $135.00 to $145.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. Finally, Robert W. Baird boosted their price objective on shares of Datadog from $140.00 to $150.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, twenty-five have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $158.52.

Insider Buying and Selling at Datadog

In other news, President Amit Agarwal sold 150,000 shares of the business’s stock in a transaction dated 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 sale, the president now directly owns 214,275 shares in the company, valued at approximately $27,005,078.25. The trade was a 41.18 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, General Counsel Kerry Acocella sold 2,488 shares of the firm’s stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $158.04, for a total transaction of $393,203.52. Following the completion of the transaction, the general counsel now owns 68,758 shares of the company’s stock, valued at approximately $10,866,514.32. This trade represents a 3.49 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 777,586 shares of company stock worth $111,444,979 over the last quarter. Corporate insiders own 11.78% of the company’s stock.

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.