Datadog stock: Bernstein lifts target to USD 350.00 for Datadog stock

Published on 10/23/2026 at 16:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 36.00 percent to USD 1.12 billion. Datadog stock costs EUR 236.25 on October 23, 2026, while Nasdaq price is up 2.60 percent.

Analyst target and reporting date

Bernstein raised its Datadog target from USD 237.00 to USD 350.00 on October 19, 2026.
Second-quarter revenue grew 36.00 percent to USD 1.12 billion.
Datadog stock was trading at EUR 236.25 at Lang & Schwarz on October 23, 2026 at 4:09 p.m. CEST, while Nasdaq price was up 2.60 percent.
Datadog plans to report third-quarter 2026 results on November 4, 2026.

Datadog, US23804L1035, Illustration mit AI erstellt.

Datadog (ISIN US23804L1035) drew a USD 350.00 Bernstein target after the firm raised it from USD 237.00 on October 19, 2026, according to Markets Insider. The stock was trading at EUR 236.25 at Lang & Schwarz on October 23, 2026 at 4:09 p.m. CEST.

Revenue growth reached 36.00 percent

Datadog's second-quarter 2026 revenue rose 36.00 percent year over year to USD 1.12 billion. The figure was reported in the company's earnings call on August 6, 2026, whose transcript was published by Yahoo Finance. Operating income reached USD 257.00 million on a non-GAAP basis, equal to a 23.00 percent margin.

Price position and operating scale

On Nasdaq, Datadog was trading at USD 264.45 at 10:24 a.m. ET on October 23, 2026, up 2.60 percent from the USD 257.75 prior close. Its 52-week range was USD 98.01 to USD 300.68, leaving the share price 12.06 percent below the high. Market capitalization stood at USD 95.0 billion, with a price-to-earnings ratio of 534.49.

What does November 4 mean?

Datadog said on October 14, 2026 that it will report third-quarter fiscal 2026 results before the US market opens on November 4, 2026. The company expects third-quarter revenue of USD 1.135 billion to USD 1.145 billion, representing 28.00 percent to 29.00 percent year-over-year growth, while full-year revenue guidance stands at USD 4.45 billion to USD 4.47 billion.

Comparison with peers

As of October 23, 2026, Datadog: up 2.60 percent, P/E 534.49, market capitalization USD 95.0 billion. Dynatrace (NYSE, USD): down 0.97 percent, P/E 125.62, market capitalization USD 18.2 billion. Elastic (NYSE, USD): up 0.10 percent, P/E 27.54, market capitalization USD 10.3 billion.

Target and price in context

Bernstein's USD 350.00 target is 32.36 percent above the Nasdaq price of USD 264.45. The valuation gap with the two software peers is substantial, while the scheduled November 4 report provides the next test of Datadog's growth outlook. The further course of trading is shown by the continuously updated real-time quote of Datadog stock.