Datadog, Inc.

NASDAQ Global Select
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Bullish +65

Burney Co. Decreases Position in Datadog, Inc. $DDOG

📉 Burney Co. decreased its Datadog holdings by 45.7% in Q1, selling 2,253 shares to retain a position of 2,681 shares valued at $316,000.

📈 CoreCap Advisors LLC increased its stake by 1,461.5% in Q4, purchasing an additional 190 shares for a total holding of 203 shares worth $28,000.

💰 Datadog reported Q1 revenue of $1.01 billion, representing a 32.1% year-over-year growth and beating analyst estimates of $960.12 million.

📊 The company posted earnings per share of $0.60, surpassing the consensus estimate of $0.51 with a net margin of 3.69%.

🎯 Management provided FY 2026 EPS guidance ranging from $2.36 to $2.44, indicating continued growth trajectory.

🏦 Truist Financial upgraded its rating to 'buy' and raised the price target to $300 following the strong earnings beat.

📈 Evercore increased its price target to $265 and assigned an 'outperform' rating to the stock.

🔍 Stifel Nicolaus set a price target of $305, while New Street Research established a $260 objective.

📉 The stock trades at a market capitalization of $91.67 billion with a PE ratio of 677.75 and a beta of 1.54.

🏛️ Institutional ownership stands at 78.29%, reflecting significant interest from hedge funds and asset managers.

Bullish Signals
  • Datadog reported revenue of $1.01 billion, a 32.1% increase year-over-year that significantly exceeded analyst expectations of $960.12 million.
  • The company beat earnings per share estimates with actual results of $0.60 versus the consensus of $0.51.
  • Multiple brokerages have upgraded ratings or raised price targets, including Truist Financial moving to a 'buy' with a $300 target and Evercore raising its target to $265.
  • Management provided forward guidance for FY 2026 EPS between $2.36 and $2.44, suggesting sustained profitability growth.
  • The company maintains a strong balance sheet with a debt-to-equity ratio of 0.25 and a current ratio of 3.40.
Risk Factors
  • Burney Co., an institutional investor, significantly reduced its position by 45.7% in the first quarter, selling over 2,200 shares.
  • The stock trades at a very high PE ratio of 677.75, indicating that the market prices in substantial future growth which could be risky if execution falters.
Full Analysis
Institutional investor Burney Co. reduced its position in Datadog, Inc. (NASDAQ:DDOG) by 45.7% during the first quarter, selling 2,253 shares to hold a remaining stake of 2,681 shares valued at $316,000. Conversely, several other institutional investors increased their exposure in the fourth quarter, including CoreCap Advisors LLC which boosted its holdings by 1,461.5% to own 203 shares, and Flagship Harbor Advisors LLC which established a new position worth $31,000. Datadog recently reported strong financial performance for the quarter ended May 7th, posting revenue of $1.01 billion, a 32.1% year-over-year increase that exceeded analyst expectations of $960.12 million. The company also delivered earnings per share of $0.60, beating the consensus estimate of $0.51, with a net margin of 3.69% and a return on equity of 4.83%. Management has provided guidance for FY 2026 EPS between $2.36 and $2.44, while analysts currently average an expectation of $0.64 EPS for the current fiscal year. Wall Street sentiment remains positive with multiple brokerages upgrading their ratings or raising price targets following the earnings release. Truist Financial upgraded its rating to 'buy' with a $300 target, Evercore raised its target to $265 with an 'outperform' rating, and Stifel Nicolaus set a $305 price target. The stock currently trades at a market cap of $91.67 billion with a PE ratio of 677.75, reflecting high growth expectations despite the elevated valuation metrics.