Dynatrace, Inc. (DT)
| Market Cap | 13.57B |
| Revenue (ttm) | 1.43B |
| Net Income (ttm) | 154.63M |
| Shares Out | 298.47M |
| EPS (ttm) | 0.52 |
| PE Ratio | 87.44 |
| Forward PE | 34.65 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,496,892 |
| Open | 45.17 |
| Previous Close | 45.07 |
| Day's Range | 45.00 - 45.74 |
| 52-Week Range | 42.94 - 61.41 |
| Beta | 1.05 |
| Analysts | Strong Buy |
| Price Target | 60.63 (+33.34%) |
| Earnings Date | Jul 31, 2024 |
About DT
Dynatrace, Inc. provides a security platform for multicloud environments in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates Dynatrace, a security platform, which provides application and microservices monitoring, runtime application security, infrastructure monitoring, log management and analytics, digital experience monitoring, digital business analytics, and cloud automation. Its platform allows its customers to modernize and automate IT operations, delivers software, and enhance user ... [Read more]
Financial Performance
In 2023, Dynatrace's revenue was $1.43 billion, an increase of 23.48% compared to the previous year's $1.16 billion. Earnings were $154.63 million, an increase of 43.23%.
Financial StatementsAnalyst Forecast
According to 25 analysts, the average rating for DT stock is "Strong Buy." The 12-month stock price forecast is $60.63, which is an increase of 33.34% from the latest price.
News
Dynatrace Becomes the First AWS Partner to Integrate with AWS Application Migration Service
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE:DT), the leader in unified observability and security, today announced its observability platform is now integrated with AWS Application Migration Serv...
Dynatrace Named a Winner in the 2024 Microsoft Americas Partner of the Year Awards
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced it has been recognized as the winner of the 2024 Microsoft Americas Partner of ...
Dynatrace Stock Down 17%. Generative AI Could Boost Shares 33%
While many companies are talking about generative AI, very few — notably Nvidia, SuperMicro, and Vertiv — are getting enough of a revenue boost from supporting the AI chatbots to reward investors.
Gigamon Launches Power of 3 Cloud Integration Initiative with Dynatrace and Trace3 to Deliver Deep Observability Solution to Joint Customers
SANTA CLARA, Calif.--(BUSINESS WIRE)--Gigamon, a leading deep observability company, announced a new initiative to help customers gain greater visibility to better secure and manage their hybrid cloud...
Dynatrace Reports Fourth Quarter and Full Year Fiscal 2024 Financial Results
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced financial results for the fourth quarter and full year ended March 31, 2024. “D...
Dynatrace Announces Industry's First Observability-Driven Kubernetes Security Posture Management Solution
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced it is enhancing its platform with new Kubernetes Security Posture Management (K...
Dynatrace to Present at Upcoming Investor Conferences
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced that its executives will present at three upcoming investor conferences, as fol...
Mind the Gap: Global Report Reveals Alignment Issues Between Security Teams and the C-Suite are Exposing Organizations to Increased Cyber Risk
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, released its annual CISO survey today. This year's report, “The state of application security i...
Dynatrace to Report Fourth Quarter and Full Year Fiscal 2024 Financial Results
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, announced today that it will report financial results for its fourth quarter and full year fisc...
Dynatrace Expands Go-to-Market Partnership with Google Cloud
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced an expanded go-to-market (GTM) partnership with Google Cloud. Together, the two...
Dynatrace Named a Leader in the 2024 GigaOm Radar Report for Cloud Observability Solutions
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced it has been named a “Leader” in the 2024 GigaOm Radar Report for Cloud Observab...
Annual Global CIO Report Reveals Cloud-Native Technologies Produce Explosion of Data Beyond Humans' Ability to Manage
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced the findings of an independent global survey of 1,300 CIOs and technology leade...
Bull Signal Flashing On Beaten Down IT Stock
Dynatrace (DT) is up 2.5% to trade at $47.48, at last check, enjoying a breath of fresh air following an early February bear gap that dragged its shares back below $50. In fact, the security has strug...
Dynatrace to Present at Upcoming Investor Conference
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced that its executives will present at the Morgan Stanley Technology, Media & Tele...
Generative AI Could Help Dynatrace Grow Faster Than 25%
Since August 2023, when I last wrote about Dynatrace DT — the Waltham, Mass.-based provider of software observability services — has experienced an 8% increase in its stock (lagging the Nasdaq's 14.5%...
BMO Scales Digital Banking Capabilities for Customers Worldwide with Dynatrace
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced that BMO, North America's eighth largest bank by assets, is using the Dynatrace...
Dynatrace Reports Third Quarter Fiscal Year 2024 Financial Results
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced financial results for the third quarter of fiscal 2024 ended December 31, 2023....
Dynatrace Releases OpenPipeline for its Analytics and Automation Platform
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced the launch of OpenPipeline®, a new core technology that provides customers with...
Dynatrace Unveils Data Observability for its Analytics and Automation Platform
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced new AI-powered data observability capabilities for its analytics and automation...
Dynatrace Launches AI Observability for Large Language Models and Generative AI
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced it has extended its analytics and automation platform to provide holistic obser...
Dynatrace Teams With Lloyds Banking Group to Reduce IT Carbon Emissions
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced that it is working with Lloyds Banking Group, one of the UK's largest financial...
Dynatrace to Acquire Runecast to Enhance Cloud-Native Security and Compliance
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced it signed a definitive agreement to acquire Runecast, a provider of AI-powered ...
Dynatrace to Report Third Quarter of Fiscal 2024 Financial Results
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, announced today that it will report its third quarter of fiscal 2024 ended December 31, 2023 fi...
Dynatrace Recognized as a Customers' Choice in the 2023 Gartner Peer Insights™ Voice of the Customer for Application Performance Monitoring and Observability Report
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced that, for the fifth consecutive year, it has been named a Customers' Choice in ...
Dynatrace Appoints Laura Heisman as Chief Marketing Officer
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced the appointment of Laura Heisman as Chief Marketing Officer (CMO), effective Ja...