Analyst Price Target is $35.50
▲ +0.91% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Datto in the last 3 months. The average price target is $35.50, with a high forecast of $35.50 and a low forecast of $35.50. The average price target represents a 0.91% upside from the last price of $35.18.
Current Consensus is
The current consensus among 6 polled investment analysts is to hold stock in Datto. This Hold consensus rating has held steady for over two years.
Datto Holding Corp. provides cloud-based software and technology solutions for delivery through the managed service provider (MSP) channel to small and medium businesses in the United States and internationally. Its Unified Continuity products include Business Continuity and Disaster Recovery that protects servers and workstations, and minimize downtime; Cloud Continuity, an image-based continuity solution for laptops and desktops; SaaS Protection +, an automated and secure backup and restoration product; Workplace, a cloud-hosted file sync and share solution, which enable end-users to synchronize files across platforms, including mobile devices; and File Protection, an MSP-managed secure and scalable backup product that enables MSPs to protect and recover files and folders on workstations and laptops. The company's networking Products comprise access points, switches, edge routers, and managed power devices. Its business management products consist of Autotask Professional Services Automation, an IT business management product; and remote monitoring and management. The company was formerly known as Merritt Topco, Inc. and changed its name to Datto Holding Corp. in January 2020. Datto Holding Corp. was founded in 2007 and is headquartered in Norwalk, Connecticut.