Analysts adjust Datadog price targets after Q3 beat and flat Q4 guidance
+2 new sources since this summary was written
Datadog reported third‑quarter revenue of $1.20 billion, up 35%, and adjusted EPS of $0.81, beating expectations. The company guided fourth‑quarter revenue to $1.19‑$1.20 billion, implying flat growth versus the prior quarter, and set 2026 non‑GAAP EPS guidance of $2.73‑$2.75. In response, DA Davidson cut its target to $275, while Canaccord Genuity kept a $295 target, and several other firms lowered theirs to $260‑$275.
Why it matters
The lower targets from most analysts suggest a near‑term downside for DDOG investors, while Canaccord’s higher target implies upside if the company meets its 2026 EPS outlook. The revised guidance also signals short‑term revenue headwinds.
Key facts
- 1Datadog’s Q3 revenue was $1.20 billion, a 35% increase year‑over‑year. finance.yahoo.com
- 2Adjusted Q3 EPS was $0.81, above the $0.64 consensus. finance.yahoo.com
- 3Q4 revenue guidance was $1.19‑$1.20 billion, representing 25%‑26% growth but flat versus Q3. finance.yahoo.com
- 42026 non‑GAAP EPS guidance was $2.73‑$2.75. finance.yahoo.com
- 5DA Davidson lowered its price target to $275 from $315. investing.com
- 6Canaccord Genuity maintained a $295 price target, 56% above the Nov 4 close. finance.yahoo.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.