Datadog received multiple analyst upgrades on July 20, 2026. JMP Securities raised its price target to $311 from $225. JMP maintained its Market Outperform rating, citing strength in the infrastructure software subsector.
Oppenheimer increased its price target to $300 from $220. This revised target implies a potential upside of nearly 16% from the current price.
Datadog recently reported quarterly revenue growth of over 32% year-over-year. The stock has achieved significant gains year-to-date. Analysts cited growing confidence in the company's leadership within the cloud monitoring and security markets.