Datadog Receives Buy Recommendation from DA Davidson with 8.31% Upside Forecast

DA Davidson maintains a Buy recommendation for Datadog (DDOG), with an average one-year price target of $164.42/share, representing an 8.31% increase from its latest closing price of $151.81/share. The projected annual revenue for Datadog is 3,784MM, a 25.46% increase, and the projected annual non-GAAP EPS is 2.22. The put/call ratio of DDOG is 1.08, indicating a bearish outlook.

Datadog Inc. (NASDAQ: DDOG) has been experiencing a surge in analyst upgrades and institutional buying, indicating strong market optimism for the cloud software leader. The stock has seen significant analyst upgrades, with Cantor Fitzgerald and Bank of America raising their target prices to $179.00 and $175.00 respectively GC Wealth Management RIA LLC Acquires New Shares in Datadog, Inc. $DDOG^[1]. Additionally, GC Wealth Management RIA LLC acquired 7,573 shares of Datadog during the second quarter, valued at approximately $1,017,000 GC Wealth Management RIA LLC Acquires New Shares in Datadog, Inc. $DDOG^[1].

Datadog reported a 28.1% increase in quarterly revenue year-over-year, with earnings per share of $0.46, surpassing analyst expectations GC Wealth Management RIA LLC Acquires New Shares in Datadog, Inc. $DDOG^[1]. The company's Q3 2025 guidance at 0.440-0.460 EPS and FY 2025 guidance at 1.800-1.830 EPS further underscores its robust financial performance GC Wealth Management RIA LLC Acquires New Shares in Datadog, Inc. $DDOG^[1].

Several hedge funds and institutional investors have also recently added to or reduced their stakes in DDOG. Brighton Jones LLC bought a new position in shares of Datadog during the fourth quarter valued at about $209,000. Wealth Enhancement Advisory Services LLC lifted its stake in Datadog by 32.0% in the fourth quarter, now owning 15,506 shares valued at $2,216,000. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Datadog by 74.0% in the first quarter, now owning 381 shares valued at $38,000. GAMMA Investing LLC increased its position in shares of Datadog by 9,984.3% during the first quarter, now owning 79,666 shares worth $7,904,000 GC Wealth Management RIA LLC Acquires New Shares in Datadog, Inc. $DDOG^[1].

Wall Street analysts have forecasted growth for Datadog, with 24 analysts rating the stock with a "Buy" rating, five with a "Hold" rating, and one with a "Sell" rating. The consensus rating is "Moderate Buy" with an average target price of $153.41 GC Wealth Management RIA LLC Acquires New Shares in Datadog, Inc. $DDOG^[1].

DA Davidson maintains a Buy recommendation for Datadog, with an average one-year price target of $164.42/share, representing an 8.31% increase from its latest closing price of $151.81/share. The projected annual revenue for Datadog is 3,784MM, a 25.46% increase, and the projected annual non-GAAP EPS is 2.22. The put/call ratio of DDOG is 1.08, indicating a bearish outlook .