Datadog Inc (Pre-Reincorporation)

DDOG · NASDAQ

$256.43−$3.93 (−1.51%)TodayMarket closed · Oct 20, 7:59 PM ET

Prev close $260.36

DDOG analyst rating

BuyConsensus of 38 analysts over the last 12 months. 92% rate it a buy.

Strong buy0
Buy35
Hold2
Underperform0
Sell1

12-month price target · 51 analysts

Average $288.67 (+12.6% upside)

Low: $159.58
Now: $256.43
High: $357.00

Upgrades and downgrades

The latest rating actions, newest first

DDOG analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Bernstein	Oct 19, 2026	Upgrade	Market Perform → Outperform	$237.00 → $350.00	78%
Mizuho	Oct 15, 2026	Maintains	Outperform	$300.00 → $330.00	61%
Barclays	Oct 13, 2026	Maintains	Overweight	$290.00 → $300.00	56%
RBC Capital	Oct 12, 2026	Maintains	Outperform	$280.00 → $320.00	61%
CIBC	Oct 9, 2026	Maintains	Outperformer	$280.00 → $315.00	59%
Wedbush	Sep 11, 2026	Initiates	Outperform	$260.00 → $275.00	63%
Scotiabank	Aug 7, 2026	Maintains	Sector Outperform	$275.00 → $285.00	54%
UBS	Aug 7, 2026	Maintains	Buy	$315.00 → $280.00	65%
Citigroup	Aug 7, 2026	Maintains	Buy	$300.00 → $305.00	71%
Macquarie	Aug 7, 2026	Maintains	Outperform	$230.00 → $260.00	53%

The case for and against

Updated Oct 14, 2026

Bull case

Datadog is attractive because it is delivering durable top-line acceleration, with revenue of $1.12B up 36% Y/Y, bookings up 20% Y/Y to $1.13B, and strong customer expansion including 170 net new $100K ARR customers and roughly 4,720 $100K+ customers. Its platform economics remain compelling, as NRR stayed in the low 120s, gross retention remained in the mid-to-high 90s, and multi-product adoption improved to 13% of customers using 10+ products, supporting cross-sell and consolidation within the installed base. The outlook is further reinforced by AI-driven demand, broad-based core growth in the high-20s, and a strong balance sheet with $4.98B in cash versus $986M of debt, while management continues to invest in innovation and go-to-market capacity.

Bear case

Datadog is exposed to a business model that relies heavily on existing customers expanding subscriptions and renewing contracts, so any slowdown in retention or upsell activity could quickly pressure revenue growth and operating results. Its negative outlook is also driven by execution and demand risks, including difficulty attracting new customers, slower-than-expected traction for new products and partners, and macroeconomic weakness that could delay customer capital spending and cloud adoption. Competitive intensity, security breach risk, service disruption, integration challenges from acquisitions, and a dual-class share structure that concentrates voting power with insiders further weaken the investment case by raising operational, governance, and long-term growth risks.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.