Oppenheimer Raises Datadog (DDOG) Price Target to $330
Key Points
- Oppenheimer's new price target of $330 is a $30 increase from its prior target of $300, reflecting continued confidence in Datadog's growth.
- Oppenheimer's $330 price target implies 17.01% upside from Datadog, Inc.'s ($DDOG) current $282.03 share price.
- As of October 26, 2026, Datadog's stock was recently trading around $282.03, which is about 14.5% below the new target.
- The average price target among analysts for Datadog is about $293, indicating a favorable view overall despite the stock's recent performance.
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On October 26, 2026, Oppenheimer raised its price target on Datadog, Inc. (DDOG) from $300 to $330 while maintaining an Outperform rating. This update comes amid a broader positive sentiment among analysts regarding the company's performance and growth prospects, particularly in the technology sector.
DDOG
Datadog, Inc.
Oppenheimer vs. the S&P 500
Hypothetical returns from Oppenheimer's disclosed trades, not real profit or advice. How we model this.
Oppenheimer's Call on Datadog
Oppenheimer's new price target of $330 represents a $30 increase from its previous target. The firm continues to rate the stock as Outperform, suggesting it expects Datadog to perform better than the overall market. This adjustment aligns with the views of other analysts who have also recently shown confidence in the company's growth.
Other Institutional Activity in Datadog
Several other institutional investors have recently adjusted their positions in Datadog. Midwest Trust reduced its holdings by 10,095 shares, now owning 30,265 shares valued at about $8.3 million. In contrast, Jupiter Topco LLC increased its stake by 3,471,761 shares, bringing its total to 6,943,522 shares worth approximately $1.96 billion. Jennison Associates LLC also raised its position by 937,617 shares, ending with 6,860,657 shares valued at about $1.93 billion.
Datadog, Inc. Stock Up 9.4%
As of October 26, 2026, Datadog's stock was trading at $282.03, which is about equal to its closing price of $281.94 on the same day. The stock is currently above its 50-day moving average by 13.4% and its 200-day moving average by 44.8%. However, it remains about 6.2% below its 52-week high of $300.68.
$DDOG price target
Datadog, Inc. daily closes and this analyst's $330 target. Not advice.
Recent Earnings
Datadog reported trailing twelve-month revenue of approximately $3.97 billion, reflecting a year-over-year growth of 35.6%. The company has a net margin of 4.5% and a return on equity of 4.7%. Its next earnings report is expected on November 4, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
15 target raises vs 2 cuts.
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EPS & revenue
EPS beat estimates by 15.9%. Revenue beat estimates by 2.6%.
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Profit surprise
EBITDA missed by 66 percent. Operating income missed by 71 percent.
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Pre-earnings setup
Bar was high, analysts already very bullish.
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Analyst signal
15 target raises, 2 target cuts.
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Earnings quality
Operating margin up 2.4 points. Positive free cash flow.
Earnings Call Summary
Datadog had an outstanding quarter with revenue of $1.006 billion, up 32 percent year over year and beating expectations. The company landed major deals with two of the world's largest artificial intelligence research teams and saw strong growth in non-artificial-intelligence customers as well, with net revenue retention around 120 percent. Management highlighted strong adoption of their artificial intelligence products like GPU monitoring and their security agents, which are helping customers monitor complex workloads faster and more efficiently.
Guidance Datadog raised full year revenue guidance to $4.3 billion to $4.34 billion, up from prior expectations. For next quarter they expect $1.07 billion to $1.08 billion in revenue. They are investing heavily in artificial intelligence products and expect continued strong growth driven by cloud migration and new AI training workloads at hyperscaler companies.
Slightly positive report. The quarter was acceptable, but the forward setup is not strong.
Insider Buying and Selling at Datadog, Inc.
Recent insider activity includes several sales by David M. Obstler, the Chief Financial Officer, who sold a total of 80,000 shares on September 14 and September 21, 2026. Kerry Acocella, the General Counsel, sold 5,280 shares on September 14, 2026. These transactions occurred before Oppenheimer's latest rating update, indicating ongoing movements among the company's executives.
Analysts Set New Price Targets
On October 12, 2026, RBC Capital maintained its Outperform rating with a target of $320.00, while Barclays also maintained its Overweight rating with a target of $300.00 on October 13. Mizuho set a target of $330.00 on October 15, and Bernstein upgraded its rating to Outperform with a target of $350.00 on October 19. Overall, the consensus among analysts is strong, with a mean price target of approximately $293.
About Datadog
Datadog, Inc. provides a platform for observability and security for cloud applications, serving clients both in the U.S. and internationally. The company's services are critical for businesses looking to monitor their applications and infrastructure effectively, which is increasingly important in today's digital landscape.
Bottom Line
Investors should watch for Datadog's upcoming earnings report on November 4, 2026, as further insights into its performance could impact future analyst ratings and price targets. Oppenheimer's recent adjustment reflects a positive outlook amid a generally favorable analyst sentiment for Datadog.
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Source: Oppenheimer's rating change on $DDOG (Oct 26, 2026). Written by software, not financial advice. How we make alerts