Oppenheimer Issues Positive Forecast for Datadog (NASDAQ:DDOG) Stock Price

08 May 2026, 13:40 by Amy Steele · The Cerbat Gem

Datadog (NASDAQ:DDOG – Free Report) had its price objective lifted by Oppenheimer from $200.00 to $220.00 in a report issued on Thursday morning,MarketScreener reports.

A number of other brokerages have also commented on DDOG. DA Davidson reissued a “buy” rating and set a $225.00 price target on shares of Datadog in a report on Monday. UBS Group set a $195.00 target price on shares of Datadog in a research report on Monday, February 9th. BTIG Research raised their target price on shares of Datadog from $170.00 to $212.00 and gave the company a “buy” rating in a research note on Thursday. Rosenblatt Securities boosted their price target on shares of Datadog from $178.00 to $220.00 and gave the stock a “buy” rating in a research report on Friday. Finally, Canaccord Genuity Group reiterated a “buy” rating on shares of Datadog in a report on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $207.56.

Get Our Latest Analysis on Datadog

Datadog Stock Performance

NASDAQ:DDOG traded up $2.56 during midday trading on Thursday, reaching $191.29. 4,796,004 shares of the company traded hands, compared to its average volume of 5,842,364. The firm has a market capitalization of $67.45 billion, a price-to-earnings ratio of 617.88, a price-to-earnings-growth ratio of 52.02 and a beta of 1.30. The company has a fifty day moving average price of $124.41 and a 200 day moving average price of $136.98. The company has a debt-to-equity ratio of 0.26, a current ratio of 3.38 and a quick ratio of 3.38. Datadog has a twelve month low of $98.01 and a twelve month high of $201.69.

Datadog (NASDAQ:DDOG – Get Free Report) last posted its earnings results on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.51 by $0.09. Datadog had a return on equity of 4.14% and a net margin of 3.14%.The company had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $960.12 million. The firm’s quarterly revenue was up 32.1% compared to the same quarter last year. During the same period last year, the business posted $0.46 earnings per share. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. On average, analysts expect that Datadog will post 0.32 EPS for the current fiscal year.

Insider Transactions at Datadog

In other Datadog news, CEO Olivier Pomel sold 68,922 shares of the company’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $110.54, for a total value of $7,618,637.88. Following the completion of the sale, the chief executive officer directly owned 704,821 shares of the company’s stock, valued at approximately $77,910,913.34. This represents a 8.91% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CTO Alexis Le-Quoc sold 53,912 shares of the firm’s stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $125.49, for a total transaction of $6,765,416.88. Following the transaction, the chief technology officer owned 437,257 shares of the company’s stock, valued at approximately $54,871,380.93. This trade represents a 10.98% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 654,018 shares of company stock worth $80,903,197. 6.67% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Datadog

Large investors have recently modified their holdings of the stock. Brighton Jones LLC acquired a new stake in shares of Datadog during the fourth quarter worth $209,000. Bison Wealth LLC purchased a new stake in Datadog during the fourth quarter valued at about $228,000. Empowered Funds LLC boosted its holdings in shares of Datadog by 7.0% in the first quarter. Empowered Funds LLC now owns 10,313 shares of the company’s stock worth $1,023,000 after buying an additional 672 shares during the period. Geneos Wealth Management Inc. increased its stake in Datadog by 17.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 769 shares of the company’s stock valued at $76,000 after buying an additional 115 shares during the period. Finally, Sivia Capital Partners LLC bought a new stake in shares of Datadog during the 2nd quarter worth about $509,000. 78.29% of the stock is owned by institutional investors.

Key Stories Impacting Datadog

Here are the key news stories impacting Datadog this week:

Positive Sentiment: Company beat Q1 estimates and raised guidance — Q1 revenue ≈ $1.01B (+32% YoY), EPS $0.60 beat consensus, and management guided Q2 and FY‑2026 well above street expectations; this is the primary fundamental driver of the rally. Q1 2026 Results
Positive Sentiment: Strong demand for cloud security / AI features and product wins (new launches plus FedRAMP High for government) support upside to addressable market and recurring revenue expansion. FedRAMP High Certification
Positive Sentiment: Broad analyst support: several firms (Wedbush, Morgan Stanley, KeyBanc, Needham and others) raised price targets/ratings after the print, increasing buy‑side visibility and flow. Analyst reactions
Neutral Sentiment: Options and trading flow amplified the move — unusually large call buying and elevated volume likely added momentum and volatility but may reflect trader positioning as much as fundamental conviction. Options trade note
Neutral Sentiment: Media coverage and momentum can sustain near‑term upside; watch upcoming commentary on bookings, large‑customer traction and AI/security ARR expansion for confirmation.
Negative Sentiment: Insider selling reported (CTO, GC, CRO and a director) via pre‑arranged 10b5‑1 plans — sizable disclosed sales can be perceived as profit‑taking after the run, even if planned. SEC Form 4
Negative Sentiment: Valuation is stretched (very high forward P/E); the stock could be vulnerable to a sharp pullback if execution, bookings or macro sentiment disappoints — gains are pricing significant future growth.

Datadog Company Profile

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Datadog (NASDAQ: DDOG) is a cloud-based monitoring and observability platform that helps organizations monitor, troubleshoot and secure their applications and infrastructure at scale. Its software-as-a-service offering collects and analyzes metrics, traces and logs from servers, containers, cloud services and applications to provide real-time visibility into system performance and health. Datadog’s platform is widely used by engineering, operations and security teams to reduce downtime, accelerate incident response and improve application reliability.