Truist maintains Buy on Dynatrace stock with $70 price target

Published 27/05/2025, 14:34
Truist maintains Buy on Dynatrace stock with $70 price target

On Tuesday, Truist Securities expressed continued confidence in Dynatrace Inc. (NYSE:DT), reaffirming a Buy rating and a $70.00 price target for the company’s shares. This aligns with the broader analyst consensus, as InvestingPro data shows 23 analysts have recently revised their earnings estimates upward. The endorsement follows a recent conference call with Dynatrace’s CFO Jim Benson and their Investor Relations team, which provided insights into the company’s business strategies and financial outlook for the coming year.

During the call, the team at Dynatrace discussed the company’s platform strategy and how it aligns with their market approach, highlighting the stability it brings to their business model. This stability is reflected in the company’s impressive financial metrics, with InvestingPro data showing robust revenue growth of 18.75% and industry-leading gross profit margins of 81.93%. The conversation also touched on the positive reception of their platform strategy in the market and the financial benefits stemming from their Dynamic Purchasing System (DPS) contracts.

Truist’s analysis points to Dynatrace’s shares being attractively priced, especially when considering the company’s trading at 8 times enterprise value to next twelve months (EV/NTM) sales. This is notably lower than the 9 times average for the infrastructure software sector covered by Truist. According to InvestingPro’s comprehensive analysis, Dynatrace currently appears undervalued, with a Financial Health Score of "GREAT" (3.12 out of 5). The firm’s position is that Dynatrace’s stock presents a compelling opportunity for investors at the current trading levels.

The financial metrics discussed during the call with Dynatrace’s CFO and IR team were instrumental in reinforcing Truist’s positive stance. The firm’s analysts see the alignment of Dynatrace’s platform strategy with its go-to-market motion as a key driver of stability and growth for the company.

In summary, Truist Securities has reiterated a Buy rating on Dynatrace Inc., with a steady price target of $70.00. The firm’s outlook is based on the company’s strategic alignment and financial performance, which appear to be solid compared to industry averages.

In other recent news, Dynatrace Inc. reported strong fourth-quarter fiscal year 2025 results, with a notable 1% increase in Annual Recurring Revenue (ARR) and a 3% rise in Subscription Revenue, both surpassing consensus estimates. This performance has prompted several analysts to adjust their price targets for the company. Goldman Sachs raised its target to $64, citing Dynatrace’s improved operational and free cash flow margins. BMO Capital Markets also increased its target to $63, highlighting the company’s stable or potentially improving net new ARR guidance for FY26. Jefferies and JPMorgan both raised their targets to $65, emphasizing Dynatrace’s robust fundamentals and strong large deal execution. DA Davidson followed suit, lifting its target to $65 as well, acknowledging the company’s success in capturing market share, particularly with its log management product. These developments reflect a positive outlook from analysts, who maintain confidence in Dynatrace’s growth trajectory and financial health.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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