Key Highlights:
- Datadog (DDOG, Financial) maintains strong analyst support with significant upside potential.
- Analysts remain optimistic despite macroeconomic pressures, enhancing investor confidence.
- The GF Value metric indicates substantial expected growth for DDOG stock.
J.P. Morgan maintains an Overweight rating for Datadog (DDOG), underscoring a cautiously optimistic outlook for its first-quarter performance amidst macroeconomic challenges. Analysts suggest that investor concerns over expenditure adjustments among its largest AI clients may ease as new-generation AI customers begin to grow. Evercore continues to rate Datadog as Outperform with a $125 price target, recognizing its enduring long-term value.
Wall Street Analysts Forecast
Based on one-year price targets from 33 analysts, the average target price for Datadog Inc (DDOG, Financial) is $141.46, with forecasts ranging from a high of $175.00 to a low of $87.00. The average target suggests an upside of 34.73% from the current price of $105.00. For more detailed estimates, visit the Datadog Inc (DDOG) Forecast page.
In terms of consensus recommendations from 43 brokerage firms, Datadog Inc (DDOG, Financial) holds an average brokerage recommendation of 2.0, denoting an "Outperform" status. This rating scale ranges from 1 to 5, where 1 indicates a Strong Buy and 5 signifies a Sell.
According to GuruFocus estimates, the GF Value for Datadog Inc (DDOG, Financial) in one year is projected at $184.29, suggesting a considerable upside of 75.52% from the current price of $104.995. The GF Value represents GuruFocus' estimate of the fair value at which the stock should be traded. It is derived from historical trading multiples, past business growth, and future performance projections. For more comprehensive data, please visit the Datadog Inc (DDOG) Summary page.
