BofA raises Datadog stock target to USD 335.00 from USD 305.00

Published on 10/26/2026 at 17:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Datadog will report third-quarter results on November 4, 2026. Datadog stock costs EUR 248.25 on October 26, 2026, up 2.80 percent versus the Xetra close.

Target and earnings date

BofA raised its Datadog target from USD 305.00 to USD 335.00 on October 23, 2026.
Second-quarter 2026 revenue reached USD 1.12 billion.
Datadog stock costs EUR 248.25 at Lang & Schwarz on October 26, 2026 at 5:04 p.m. CEST, 2.80 percent above the Xetra close of October 23, 2026.
Third-quarter 2026 results are scheduled for November 4, 2026.

Datadog, US23804L1035, Illustration mit AI erstellt.

Datadog (ISIN US23804L1035) received a higher BofA price target of USD 335.00, up from USD 305.00, in an analyst note dated October 23, 2026. As Markets Insider reported, BofA analyst Koji Ikeda retained a Buy rating. The price target implies 21.01 percent upside from Datadog's Nasdaq price of USD 276.84 on October 26, 2026 at 12:09 p.m. EDT. Datadog was trading at EUR 248.25 at Lang & Schwarz on October 26, 2026 at 5:04 p.m. CEST, up 2.80 percent versus the Xetra close of October 23, 2026 at EUR 241.50.

Revenue sets the next benchmark

Datadog generated USD 1.12 billion in revenue during the second quarter of 2026, compared with USD 1.01 billion in the first quarter. The increase was 11.43 percent quarter over quarter. The second-quarter operating profit was USD 5.46 million, while diluted earnings per share were USD 0.12. These figures put the next report in a demanding comparison frame.

The company is scheduled to report third-quarter 2026 results on November 4, 2026, according to Datadog. The investor-relations calendar lists an earnings conference call at 8:00 a.m. EST. A separate report by Investing.com said TD Cowen maintained a Buy rating with a USD 300.00 target and expected third-quarter growth of 35.00 percent, above company guidance of 29.00 percent.

Valuation stays demanding

Datadog's market capitalization was USD 99.4 billion on October 26, 2026, and its price-to-earnings ratio was 560.88. The Nasdaq quote stood at USD 276.84, versus a 52-week range of USD 98.01 to USD 300.68. The stock therefore remained 7.93 percent below its 52-week high. The key counterfactor is customer concentration and competition: CNBC reported on October 19, 2026 that Bernstein identified open-source and in-house replacement as longer-term risks.

What does the target change mean?

BofA's USD 30.00 increase gives the next earnings release a clear test: Datadog must support the higher valuation with growth above the USD 1.14 billion third-quarter revenue midpoint cited by Investing.com. The current price is also 17.41 percent below BofA's new target when both figures are compared in USD.

Price and reporting date

The stock's euro quote sits above the latest Xetra close, while the scheduled November 4, 2026 report supplies the next dated business catalyst. The higher target and the 11.43 percent quarterly revenue increase point to growth as the central valuation variable. Datadog was trading at EUR 248.25 at Lang & Schwarz on October 26, 2026 at 5:04 p.m. CEST, 2.80 percent above the Xetra close of October 23, 2026 at EUR 241.50. The further course of trading is shown by the continuously updated real-time quote of Datadog stock.