RBC Capital analyst Matthew Hedberg maintained a Hold rating on Datadog (NASDAQ:DDOG) on Friday, setting a price target of $105, which is approximately 22.42% above the present share price of $85.77.
Hedberg expects Datadog to post earnings per share (EPS) of -$0.05 for the second quarter of 2021.
The current consensus among 13 TipRanks analysts is for a Moderate Buy rating of shares in Datadog, with an average price target of $113.91.
The analysts price targets range from a high of $141 to a low of $97.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $177.53 million and a net profit of -$8.94 million. The company's market cap is $26.45 billion.
According to TipRanks.com, RBC Capital analyst Matthew Hedberg is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 28.3% and a 70.22% success rate.
Founded in 2010, Datadog, Inc. provides a monitoring and analytics platform for developers, information technology operations teams and business users, through an SaaS-based data analytics platform.