Mizuho cuts Datadog's PT on softer fourth-quarter checks

Datadog

21/01/2026 19:35

** Mizuho Securities cuts PT on Datadog DDOG.O to $170 from $200

** Brokerage says checks showed more sluggish Q4 performance

** Adds that there is high uncertainty regarding initial guidance due in part to questions about sustainability of AI native growth; brokerage is below consensus

** "Skepticism around OpenAI's 2026 spending growth with DDOG, and fears around growing competitive threats via recent M&A in the space - especially Palo Alto Networks PANW.O pending acquisition of Chronosphere - has swung sentiment significantly to the negative after a very strong 3Q," Mizuho Securities says

** 36 of 43 brokerages covering stock recommend rating of "buy" or higher, six "hold" and one "strong sell"; stock has median PT of $205 - LSEG-compiled data

** DDOG fell 4.8% in 2025

 (Reporting by Arnav Mishra in Bengaluru)

 ((Arnav.Mishra@thomsonreuters.com;))