On May 5, 2025, analyst Blair Abernethy from Rosenblatt released a report regarding Datadog, Inc. (DDOG, Financial), maintaining a positive outlook on the company. The analyst has reiterated a "Buy" rating for DDOG, signaling continued confidence in the stock's potential. This decision comes while making adjustments to the price target.
The report highlights a lowered price target from the prior $160.00 USD to a new level of $150.00 USD. This adjustment represents a 6.25% decrease in the price target. Despite the revision, the unchanged "Buy" rating suggests the analyst still foresees growth opportunities for Datadog, even with the slightly reduced target.
As Datadog (DDOG, Financial) remains under the spotlight, investors are encouraged to consider these changes in context, as the company continues to perform in the technology sector. Stay tuned for upcoming earnings reports and other market developments that might impact the stock's trajectory.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 33 analysts, the average target price for Datadog Inc (DDOG, Financial) is $141.46 with a high estimate of $175.00 and a low estimate of $87.00. The average target implies an upside of 34.72% from the current price of $105.00. More detailed estimate data can be found on the Datadog Inc (DDOG) Forecast page.
Based on the consensus recommendation from 43 brokerage firms, Datadog Inc's (DDOG, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Datadog Inc (DDOG, Financial) in one year is $184.29, suggesting a upside of 75.51% from the current price of $105. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Datadog Inc (DDOG) Summary page.
