Dynatrace, Inc. (DT)
NYSE: DT · IEX Real-Time Price · USD
46.26
+1.83 (4.12%)
At close: Apr 18, 2024, 4:00 PM
46.01
-0.25 (-0.54%)
After-hours: Apr 18, 2024, 7:50 PM EDT
Dynatrace Stock Forecast
Stock Price Forecast
The 23 analysts with 12-month price forecasts for Dynatrace stock have an average target of 60.26, with a low estimate of 38 and a high estimate of 70. The average target predicts an increase of 30.26% from the current stock price of 46.26.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Dynatrace stock from 25 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 11 | 11 | 13 | 12 | 12 | 10 |
| Buy | 9 | 10 | 10 | 9 | 10 | 10 |
| Hold | 4 | 4 | 4 | 4 | 4 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 24 | 25 | 27 | 25 | 26 | 25 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $65 → $60 | Buy | Maintains | $65 → $60 | +29.70% | Apr 1, 2024 |
| Needham | Needham | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Apr 1, 2024 |
| Barclays | Barclays | Hold Maintains $59 → $52 | Hold | Maintains | $59 → $52 | +12.41% | Mar 20, 2024 |
| Wolfe Research | Wolfe Research | Buy Initiates $60 | Buy | Initiates | $60 | +29.70% | Mar 18, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Initiates $60 | Hold | Initiates | $60 | +29.70% | Feb 13, 2024 |
Financial Forecast
Revenue This Year
1.47B
from 1.16B
Increased by 26.71%
Revenue Next Year
1.74B
from 1.47B
Increased by 18.26%
EPS This Year
1.21
from 0.37
Increased by 226.52%
EPS Next Year
1.36
from 1.21
Increased by 12.50%
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | 1.5B | 1.8B | 2.2B | 2.5B | 2.9B | 3.3B |
| Avg | 1.5B | 1.7B | 2.1B | 2.4B | 2.8B | 3.2B |
| Low | 1.4B | 1.6B | 1.9B | 2.3B | 2.7B | 3.0B |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | 29.5% | 23.2% | 24.7% | 21.3% | 17.4% | 15.9% |
| Avg | 26.7% | 18.3% | 18.5% | 18.6% | 15.2% | 13.7% |
| Low | 20.2% | 10.1% | 8.4% | 12.5% | 9.6% | 8.2% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | 1.25 | 1.47 | 1.81 | 1.96 | 2.48 | 2.91 |
| Avg | 1.21 | 1.36 | 1.62 | 1.92 | 2.43 | 2.85 |
| Low | 1.14 | 1.13 | 1.33 | 1.81 | 2.31 | 2.71 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | 237.7% | 21.7% | 32.9% | 21.4% | 29.3% | 19.7% |
| Avg | 226.5% | 12.5% | 19.0% | 18.4% | 26.9% | 17.4% |
| Low | 207.2% | -6.7% | -1.9% | 12.1% | 20.7% | 11.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.