Datadog gains as Stifel raises to 'buy' on steady AI-related demand

Datadog

22/01/2026 15:42

Updates

** Cloud security firm Datadog's DDOG.O shares rise 5.8% to $130.58

** Stifel upgrades stock to "buy" from "hold"

** Cuts PT to $160 from $205, still implying an upside of 29.6% to stock's last close

** Brokerage expects co to deliver larger-than-typical quarterly beat in Q4

** Stifel expects Q4 beat to be "driven by accelerating core growth, continued strong gains" among non-OpenAI generative AI clients, plus stable quarter-over-quarter gains from the OpenAI cohort

** Average rating of 43 analysts is "buy," their median PT is $204.35 - data compiled by LSEG

** In 2025, stock fell 4.8%

 (Reporting by Anhata Rooprai in Bengaluru)

 ((Anhata.Rooprai@thomsonreuters.com))