The Wall Street researcher has more confidence 'that key catalysts for Dynatrace's business are gaining momentum, coupled with a favorable model setup.'
Artificial intelligence-powered Dynatrace is a turnaround story that's building on a strong start to the current fiscal year that ends next March, according to Guggenheim Securities. Analysts led by Howard Ma upgraded shares to buy from neutral and introduced a $66 price target. That implies the stock — down this year but ahead nearly 20% over the past three months — could gain another 25.5% over the next 12 months.
"We believe DT can grow at least mid-teens over the next several years making for a sustainable Rule of 45+ company that stands to benefit from secular tailwinds," Ma said, adding that he expects the company to modestly raise its fiscal 2026 guidance when it reports results. Dynatrace offers AI-enhanced analytics and automation to help clients monitor and optimize app performance, software development, cyber security practices and other systems infrastructure.
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