Datadog (DDOG) reported strong Q1 2026 results, beating Wall Street expectations as demand for AI and cloud infrastructure tools remained strong. The earnings beat sparked a sharp rally in DDOG stock, which surged more than 30% on Thursday. Following the results, several Wall Street analysts raised their price targets and turned more bullish on the company’s growth outlook. Here’s what analysts expect for Datadog stock now.
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For context, Datadog is a cloud monitoring and cybersecurity software company that helps businesses track the performance of applications, servers, databases, and digital infrastructure in real time. In Q1 2026, the company reported non-GAAP earnings per share of $0.60, up about 30% year over year, while revenue climbed roughly 32% to nearly $1 billion.
Latest Analysts’ Views on DDOG Stock
Top analysts are turning more bullish on DDOG stock, with upgrades, Buy ratings, and higher price targets.
Citizens JMP’s analyst Patrick Walravens upgraded his rating on DDOG stock from Hold to Buy with a $225 price target, citing “very strong” Q1 results. While investors have debated whether AI coding agents could eventually reduce the need for Datadog’s monitoring tools, he noted that the company actually accelerated revenue growth during the quarter. Walravens also highlighted better-than-expected Q2 guidance and an increase to full-year forecasts as signs that demand for Datadog’s platform remains strong despite rising AI competition.
Meanwhile, Jefferies’ Brent Thill also raised his target to $210 from $170 after what he described as “a clean beat and raise.” He highlighted that Datadog delivered its strongest quarter-over-quarter customer usage growth since Q1 2022, signaling improving demand trends across the business.
Which Analyst Has the Best Track Record on DDOG Stock?
Stifel Nicolaus’ four-star-rated analyst Brad Reback is the most profitable analyst covering DDOG over the past year. He has a success rate of 74% and an average return of 29.15% per trade. On TipRanks, Reback is ranked #2,241 out of more than 12,000 analysts tracked.
Following the earnings, Reback raised his price target on DDOG to $305 from $160 while maintaining a Buy rating. He noted that the results reflect the success of Datadog’s earlier investments in sales, marketing, and research and development, particularly as the company expands its presence among AI-focused customers. Reback also believes Datadog continues to strengthen its competitive position in the rapidly evolving observability and AI infrastructure market.
What Is the Price Target of DDOG Stock?
Turning to Wall Street, analysts have a Moderate Buy consensus rating on Datadog stock based on 36 Buys, one Hold, and one Sell assigned in the past three months. The average DDOG price target of $191.50 per share implies 1.47% upside potential.
