On May 7, 2025, Needham analyst Mike Cikos maintained a "Buy" rating for Datadog (DDOG, Financial) while announcing a reduction in the price target. The revised price target is now set at $130.00 USD, down from the previous target of $160.00 USD.
The adjustment represents an 18.75% decrease from the prior price target. Despite this revision, the analyst maintains a positive outlook on Datadog (DDOG, Financial), as evidenced by reaffirming the "Buy" rating.
Datadog (DDOG, Financial), listed on the NASDAQ, continues to attract attention with its performance amid evolving market dynamics. Investors may want to consider the updated price target and maintained rating as part of their ongoing evaluation of the stock.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 35 analysts, the average target price for Datadog Inc (DDOG, Financial) is $138.96 with a high estimate of $200.00 and a low estimate of $115.00. The average target implies an upside of 31.02% from the current price of $106.06. 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 73.76% from the current price of $106.06. 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.
