Fintel reports that on February 13, 2025, Wells Fargo downgraded their outlook for Datadog (XTRA:3QD) from Overweight to Equal-Weight.
Analyst Price Forecast Suggests 21.88% Upside
As of January 29, 2025, the average one-year price target for Datadog is 157,71 €/share. The forecasts range from a low of 123,82 € to a high of 201,14 €. The average price target represents an increase of 21.88% from its latest reported closing price of 129,40 € / share.
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The projected annual revenue for Datadog is 3,773MM, an increase of 40.56%. The projected annual non-GAAP EPS is 2.24.
What is the Fund Sentiment?
There are 1,679 funds or institutions reporting positions in Datadog. This is an increase of 135 owner(s) or 8.74% in the last quarter. Average portfolio weight of all funds dedicated to 3QD is 0.39%, an increase of 12.17%. Total shares owned by institutions increased in the last three months by 12.16% to 308,334K shares.
What are Other Shareholders Doing?
Baillie Gifford holds 10,905K shares representing 3.48% ownership of the company. In its prior filing, the firm reported owning 9,421K shares , representing an increase of 13.61%. The firm increased its portfolio allocation in 3QD by 47.61% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 9,372K shares representing 2.99% ownership of the company. In its prior filing, the firm reported owning 8,777K shares , representing an increase of 6.35%. The firm decreased its portfolio allocation in 3QD by 11.02% over the last quarter.
Jennison Associates holds 9,279K shares representing 2.96% ownership of the company. In its prior filing, the firm reported owning 6,273K shares , representing an increase of 32.39%. The firm decreased its portfolio allocation in 3QD by 4.65% over the last quarter.
VIMSX - Vanguard Mid-Cap Index Fund Investor Shares holds 6,258K shares representing 2.00% ownership of the company. In its prior filing, the firm reported owning 5,947K shares , representing an increase of 4.98%. The firm decreased its portfolio allocation in 3QD by 14.11% over the last quarter.
Invesco Qqq Trust, Series 1 holds 6,042K shares representing 1.93% ownership of the company. In its prior filing, the firm reported owning 5,941K shares , representing an increase of 1.67%. The firm decreased its portfolio allocation in 3QD by 11.74% over the last quarter.
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