Analyst Brian White of Monness maintained a Buy rating on Datadog, retaining the price target of $185.00.
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Brian White has given his Buy rating due to a combination of factors that highlight Datadog’s strong positioning in the market. The company is expected to benefit significantly from the ongoing cloud trend and the increasing complexities in IT brought about by the generative AI era. Despite a challenging macroeconomic environment, Datadog’s growth prospects remain promising.
Brian White anticipates a 26% year-over-year revenue growth for Datadog in the third quarter of 2025, aligning with his revenue estimate of $871 million. The company’s strategic positioning in the early stages of the AI journey has been advantageous, with AI-native customers significantly contributing to revenue growth. Additionally, Datadog’s recent integrations with Oracle Cloud Infrastructure further enhance its capabilities, supporting efficient and secure AI workloads in the cloud. These factors, combined with conservative street estimates, underpin White’s optimistic outlook for Datadog’s future performance.
According to TipRanks, White is a top 100 analyst with an average return of 16.9% and a 68.75% success rate. White covers the Technology sector, focusing on stocks such as Salesforce, MongoDB, and Elastic.
In another report released yesterday, Oppenheimer also maintained a Buy rating on the stock with a $195.00 price target.