Robert W. Baird analyst William Power has maintained their bullish stance on DDOG stock, giving a Buy rating today.
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William Power has given his Buy rating due to a combination of factors including Datadog’s strong Q1 performance and robust forward outlook. Revenue, profitability, and free cash flow all exceeded his expectations, while management issued Q2 guidance that points to sustained high‑30% type growth with healthy operating margins.
Power’s rating is based on Datadog’s raised full‑year 2026 outlook, strengthening large‑customer adoption, and increasing platform breadth across more products. He maintains a $180 price target, supported by premium valuation multiples versus peers that he believes are justified by the company’s momentum, solid margin profile, strong cash generation, and AI‑driven demand tailwinds.
In another report released today, TD Cowen also initiated coverage with a Buy rating on the stock with a $190.00 price target.
Based on the recent corporate insider activity of 159 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DDOG in relation to earlier this year.