Monness analyst Brian White has maintained their bullish stance on DDOG stock, giving a Buy rating today.
Brian White has given his Buy rating due to a combination of factors including Datadog’s strong revenue performance and promising future outlook. The company reported a revenue of $761.6 million for the first quarter of 2025, surpassing both the firm’s and the market’s expectations. Additionally, Datadog’s revenue growth rate remained steady at 25% year-over-year, which is a positive indicator of its consistent performance.
Moreover, Datadog is showing significant momentum in AI activities and has made strategic acquisitions to enhance its product offerings. The company’s recent acquisitions, such as Eppo and Metaplane, are expected to strengthen its position in the market. Despite some challenges in billings, the growth in remaining performance obligations (RPO) and the expansion of its customer base, particularly those generating over $100,000 in annual recurring revenue, further support the optimistic outlook. These factors collectively contribute to the Buy rating by Brian White.
According to TipRanks, White is a top 100 analyst with an average return of 17.6% and a 65.08% success rate. White covers the Technology sector, focusing on stocks such as Datadog, Apple, and Oracle.