Fintel reports that on August 1, 2024, BTIG upgraded their outlook for Datadog (XTRA:3QD) from Neutral to Buy.
Analyst Price Forecast Suggests 29.70% Upside
As of July 24, 2024, the average one-year price target for Datadog is 137,23 €/share. The forecasts range from a low of 90,24 € to a high of 220,18 €. The average price target represents an increase of 29.70% from its latest reported closing price of 105,80 € / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Datadog is 2,748MM. The projected annual non-GAAP EPS is 1.52.
What is the Fund Sentiment?
There are 1,509 funds or institutions reporting positions in Datadog. This is an increase of 60 owner(s) or 4.14% in the last quarter. Average portfolio weight of all funds dedicated to 3QD is 0.45%, an increase of 11.06%. Total shares owned by institutions increased in the last three months by 4.61% to 268,537K shares.
What are Other Shareholders Doing?
Baillie Gifford holds 9,493K shares representing 2.84% ownership of the company. In its prior filing, the firm reported owning 9,624K shares , representing a decrease of 1.37%. The firm decreased its portfolio allocation in 3QD by 59.66% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 8,559K shares representing 2.56% ownership of the company. In its prior filing, the firm reported owning 8,542K shares , representing an increase of 0.20%. The firm decreased its portfolio allocation in 3QD by 6.98% over the last quarter.
Price T Rowe Associates holds 8,178K shares representing 2.44% ownership of the company. In its prior filing, the firm reported owning 8,619K shares , representing a decrease of 5.39%. The firm decreased its portfolio allocation in 3QD by 11.87% over the last quarter.
Voya Investment Management holds 5,990K shares representing 1.79% ownership of the company. In its prior filing, the firm reported owning 4,584K shares , representing an increase of 23.48%. The firm decreased its portfolio allocation in 3QD by 39.97% over the last quarter.
VIMSX - Vanguard Mid-Cap Index Fund Investor Shares holds 5,909K shares representing 1.77% ownership of the company. In its prior filing, the firm reported owning 6,095K shares , representing a decrease of 3.15%. The firm decreased its portfolio allocation in 3QD by 7.84% over the last quarter.
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