Dynatrace sinks after trimming annual profit forecast
DT•Dynatrace shares fell 16.3% premarket after it cut its fiscal 2027 adjusted EPS forecast to $1.88-$1.90 from $1.97-$1.99 and lowered its adjusted cash flow outlook to $600-$605 million from $610-$615 million.
1. Forecast cuts weigh on shares
Dynatrace also forecast third-quarter adjusted EPS of 44-45 cents, below analysts’ estimate of 50 cents. Shares were up 27.2% year to date at the prior close; 29 of 37 brokerages rated the stock buy or higher, while eight rated it hold, and the median price target was $62.
