coteauBeta Get App

DT

Dynatrace, Inc.
$64.78
+1.79% Oct 21 close
Information TechnologyS&P 400 Compare
-35%-19%-3%+14%+30%Oct 2025Oct 2026Apr 2026
DTSPY
1W
+1.9%
1M
+14.9%
3M
+56.6%
6M
+79.2%
YTD
+49.5%
1Y
+27.1%

Live chart

Loading live chart…

What they do

Dynatrace, Inc. engages in the advancement of observability for digital businesses, which transforms the complexity of modern digital ecosystems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates Dynatrace, an AI-powered observability platform, which provides solutions, including infrastructure, application, threat, and AI observability.

Technology · Software - Application

For information only · Important disclosures

Grades vs sector

Momentum
46th percentile in sector
C
12-1 return: +14.2%
Percentile within its GICS sector across the S&P 1500.
Growth
51st percentile in sector
C+
Revenue growth (YoY): +16.2%
Percentile within its GICS sector across the S&P 1500.
Value
17th percentile in sector
D
Forward E/P: 3.7% · EBITDA/EV: 1.7%
Percentile within its GICS sector across the S&P 1500.
Profitability
31st percentile in sector
D+
Profit margin: +7.2% · Return on equity: +5.9%
Percentile within its GICS sector across the S&P 1500.
Revisions
Not enough data yet
–
EPS estimate change, 30 days (current FY): –
30-day change in analysts' current-year EPS estimate; graded across covered stocks.

Our models

Not held by any of our 5 live models right now.

Quality Growth
Outside this model's universe or screens
Momentum Top 15
Outside this model's universe or screens
Momentum Blend
Not in the current book
New Highs Growth
Outside this model's universe or screens
Coteau Long Book
Not in the current book

News

More news
Top Software Stocks to Watch Going Into Sept-Qtr Earnings, According to Jefferies
Investing.com · 3h ago
September 2027 Options Now Available For Dynatrace (DT)
Nasdaq · Oct 20
Is DT Midstream (DTM) a Good or Bad Investment After Falling 19% From Its High?
Insider Monkey · Oct 19

Key stats

Market value$18.8B
P/E (last 12 months)129.6
P/E (next 12 months, estimated)28.6
52-week range$31.64 – $66.30
Revenue growth (latest quarter vs a year ago)+16.2%
Dividend yieldNo dividend
Analyst consensusBuy (34)
Average analyst price target$63.38 (-2%)
Valuation and fundamentals

Valuation & fundamentals

Bottom line
Leans undervalued
Model read-out from the numbers below, not advice. Score +2 (DCF counts double).
▲DCF (base case)above the price by 41%
▼Forward P/E vs sector28.6x vs median 16.9x
▲Piotroski F-score7/9
▲Altman Z7.8 (safe)
▲Net debt / EBITDA-4.2x
•Analyst target-2% (34 analysts)

Discounted cash flow

Bear
$50
-22%
growth 11% · disc. 9.1% · term. 2.0%
Base
$92
+41%
growth 18% · disc. 8.1% · term. 2.5%
Bull
$158
+145%
growth 23% · disc. 7.1% · term. 3.0%

A DCF starts from trailing free cash flow, so it can overstate value if the last 12 months were unusually strong (or weak). Use the bear case or edit the starting cash flow if so.

Reverse DCFfor context, not a signal
Today's price assumes free cash flow grows about 9% a year for 10 years.
Implied
+9%/yr
FCF, last 3 yrs
+17%/yr
FCF, last 5 yrs
+21%/yr
Revenue, last 3 yrs
+20%/yr
Revenue, last 5 yrs
+23%/yr
Same inputs as the DCF above: trailing free cash flow 0.6B, 8.1% discount rate, 2.5% growth after year 10, net cash and today's share count. Actual growth rates are compound annual rates from SEC annual filings through FY2026; "n/a" means too little history or a negative starting year.
Edit assumptions · recalculates instantly
Your value per share–

Free cash flow = operating cash flow − capital spending, trailing 12 months (TTM to 2026-06-30). Growth default: average of 3-year revenue CAGR and latest revenue growth, capped at 30%. Years 6–10 fade linearly to terminal growth. Discount rate = 4.25% risk-free assumption + beta 0.77 × 5% equity premium, kept within 7–13%. Bear: lower growth, +1 pt discount, 2% terminal. Bull: higher growth, −1 pt, 3%.

Multiples vs Information Technology

P/E (trailing)
sector median 35.9× · 93rd pct
129.6×
pricier
Forward P/E
sector median 16.9× · 84th pct
28.6×
pricier
EV / EBITDA
sector median 20.8× · 89th pct
66.3×
pricier
Price / sales
sector median 4.6× · 74th pct
9.0×
pricier
Price / book
sector median 5.1× · 68th pct
7.7×
pricier
FCF yield
sector median 3.5% · 45th pct
3.0%
pricier

Forward EPS $2.26 vs trailing $0.50 (+353% expected growth). Forward P/E uses analysts' next-12-month estimate.

Backlog (remaining performance obligations)

RPO
$3.4B
as of 2026-06-30
vs a year ago
+18%
YoY
× TTM revenue
1.64×
coverage
24-09
24-12
25-03
25-06
25-09
25-12
26-03
26-06

Contracted revenue not yet recognized, from SEC filings (XBRL tag RevenueRemainingPerformanceObligation).

Quality & financial health

Gross margin
81.4%
Operating margin
12.1%
FCF margin
27.2%
Net margin
7.2%
Return on equity
6.2%
Return on invested capital
12.3%
Net debt / EBITDA
-4.2×
Current ratio
1.2×
Interest cover
–
Cash conversion (OCF/NI)
4.0×
Piotroski F-score 7/9 · last two fiscal years
✓ Positive net income✓ Positive operating cash flow✗ Return on assets improved✓ Cash flow above net income✓ Long-term debt / assets fell✗ Current ratio improved✓ No share dilution✓ Gross margin improved✓ Asset turnover improved

Altman Z-score 7.8 (safe zone; above 3.0 = safe, below 1.8 = distress). Not meaningful for banks and insurers.

Analysts

Mean target
$63
-2%
Analysts
34
Buy
Range
$42–$75
low – high
● price · ◆ mean target

Annual history

FYRevenueNet incomeFree cash flow
2026$2.0B$162.7M$529.7M
2025$1.7B$483.7M$433.3M
2024$1.4B$154.6M$351.6M
2023$1.2B$108.0M$333.3M
2022$929.4M$52.5M$233.2M
2021$703.5M$75.7M$206.4M

From the company's 10-K filings via SEC XBRL. 3-year revenue CAGR +20.3%.

Earnings

Next report: 2026-11-03 · before open · EPS est 0.49
24-1125-0125-0525-0825-1126-0226-0526-080.000.48
EstimateActual (beat)Actual (miss)
ReportEPS estActualSurprise
2026-08-050.440.48+8.2%
2026-05-130.390.41+5.4%
2026-02-090.410.44+7.2%
2025-11-050.410.44+7.5%
2025-08-060.380.42+11.5%
2025-05-140.300.33+9.1%
2025-01-300.330.37+11.7%
2024-11-070.320.37+14.6%

Quarterly revenue

QuarterRevenueYoY
2026-06-30$554.5M+16.2%
2026-03-31$531.7M–
2025-12-31$515.5M–
2025-09-30$493.8M–
2025-06-30$477.3M–
Analyst actions
Truist Securities
2026-10-21 · main
Buy → Buy
PT $70
BTIG
2026-10-21 · main
Buy → Buy
PT $73
Barclays
2026-10-13 · main
Overweight → Overweight
PT $71
RBC Capital
2026-10-12 · main
Outperform → Outperform
PT $73
UBS
2026-10-01 · main
Buy → Buy
PT $74
Oppenheimer
2026-09-24 · main
Outperform → Outperform
PT $71
Insider trades
Greifeneder Bernd
EVP, Chief Technology Officer · 2026-09-18
Sell
$2.9M
Greifeneder Bernd
EVP, Chief Technology Officer · 2026-09-05
Sell
$2.1K
Greifeneder Bernd
EVP, Chief Technology Officer · 2026-09-05
Sell
$3.0K
None
None · None
Sell
–
None
None · None
Sell
–
None
None · None
Sell
–
None
None · None
Sell
–
None
None · None
Sell
–
None
None · None
Sell
–
None
None · None
Sell
–
None
None · None
Sell
–
None
None · None
Sell
–

Stats refreshed 2026-10-21 18:22:36 ET from Yahoo Finance (yfinance). "–" means the data isn't available. Refresh now

Free. Not investment advice. Unsubscribe anytime.

coteau

Independent research · Not investment advice · Important disclosures · Contact desk@coteau.app

Coteau Systematic Strategies publishes stock research and model portfolios. Results are hypothetical unless marked Live. Data: Yahoo Finance (15-min delayed), SEC EDGAR and the House Clerk.

Beta 0.9 · Oct 21, 2026