Datadog (NASDAQ:DDOG) Stock Gets Price Target Cut from Citigroup

Posted by Brian Himes on Nov 8th, 2026

Datadog (NASDAQ:DDOG – Free Report) had its target price lowered by Citigroup from $305.00 to $290.00 in a research report sent to investors on Thursday,Benzinga reports. Citigroup currently has a buy rating on the stock.

Several other brokerages also recently weighed in on DDOG. Scotiabank cut their price objective on shares of Datadog from $285.00 to $260.00 and set a “sector outperform” rating on the stock in a research report on Thursday. DA Davidson decreased their target price on shares of Datadog from $315.00 to $275.00 and set a “buy” rating for the company in a research report on Thursday. Weiss Ratings upgraded shares of Datadog from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, October 8th. Jefferies Financial Group restated a “hold” rating and issued a $230.00 price target on shares of Datadog in a research note on Wednesday. Finally, BTIG Research cut their price target on Datadog from $289.00 to $260.00 and set a “buy” rating on the stock in a report on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $278.43.

Read Our Latest Research Report on DDOG

Datadog Stock Performance

DDOG stock opened at $179.04 on Thursday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 3.20 and a current ratio of 3.51. The stock has a market capitalization of $64.29 billion, a price-to-earnings ratio of 252.17, a PEG ratio of 17.46 and a beta of 1.50. Datadog has a 1 year low of $98.01 and a 1 year high of $300.68. The stock’s fifty day moving average is $247.75 and its two-hundred day moving average is $200.01.

Datadog (NASDAQ:DDOG – Get Free Report) last announced its quarterly earnings results on Wednesday, November 4th. The company reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.64 by $0.17. The company had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.15 billion. Datadog had a net margin of 6.12% and a return on equity of 7.28%. The company’s revenue for the quarter was up 35.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.55 earnings per share. On average, research analysts predict that Datadog will post 0.72 EPS for the current year.

Insider Buying and Selling

In other news, General Counsel Kerry Acocella sold 5,280 shares of the stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $228.85, for a total value of $1,208,328.00. Following the completion of the transaction, the general counsel directly owned 115,243 shares in the company, valued at $26,373,360.55. This trade represents a 4.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CRO Sean Walters sold 11,710 shares of the firm’s stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of $221.04, for a total transaction of $2,588,378.40. Following the transaction, the executive owned 233,135 shares in the company, valued at $51,532,160.40. This represents a 4.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 745,293 shares of company stock worth $175,536,548. Company insiders own 6.48% of the company’s stock.

Hedge Funds Weigh In On Datadog

Several hedge funds have recently modified their holdings of DDOG. Cornerstone Financial Management LLC increased its holdings in shares of Datadog by 54.9% during the 2nd quarter. Cornerstone Financial Management LLC now owns 127 shares of the company’s stock valued at $33,000 after acquiring an additional 45 shares during the last quarter. QTR Family Wealth LLC lifted its holdings in Datadog by 3.2% in the 3rd quarter. QTR Family Wealth LLC now owns 1,499 shares of the company’s stock worth $411,000 after purchasing an additional 47 shares during the last quarter. United Asset Strategies Inc. lifted its holdings in Datadog by 1.1% in the 3rd quarter. United Asset Strategies Inc. now owns 5,997 shares of the company’s stock worth $1,642,000 after purchasing an additional 68 shares during the last quarter. State of Wyoming lifted its holdings in Datadog by 4.1% in the 1st quarter. State of Wyoming now owns 1,946 shares of the company’s stock worth $230,000 after purchasing an additional 76 shares during the last quarter. Finally, Roberts Wealth Advisors LLC boosted its position in Datadog by 0.6% during the third quarter. Roberts Wealth Advisors LLC now owns 15,720 shares of the company’s stock worth $4,305,000 after purchasing an additional 91 shares during the period. 78.29% of the stock is currently owned by institutional investors and hedge funds.

Key Datadog News

Here are the key news stories impacting Datadog this week:

Positive Sentiment: Datadog beat Q3 estimates, reporting $1.20 billion in revenue, up 35.2% year over year, and adjusted EPS of $0.81 versus a $0.64 consensus. Infrastructure Monitoring annual recurring revenue also topped $2 billion, with broad-based platform use and AI adoption supporting demand. Article: Datadog’s Infrastructure Monitoring Tops $2B ARR in Q3, Revenues Beat
Neutral Sentiment: Some analysts still see upside: several firms retained Buy or Overweight ratings even while trimming price targets. One valuation analysis also argues the share price may be supportable by future cash generation, though that depends on expectations for growth and AI demand. Article: Datadog Stock Could Still Be Undervalued As AI Hopes Swing
Negative Sentiment: Investors remain wary of the outlook: Q4 guidance and customer-related factors signal a potential slowdown from Q3’s growth, while AI-customer discounts and lower-priced renewals may temper revenue growth. The forecast also relies on a minimum commitment from Datadog’s largest customer, adding uncertainty. Article: DDOG Q3 Earnings Call Highlights AI Growth and Customer Renewals
Negative Sentiment: Multiple firms cut their price targets after the results—including Rosenblatt, TD Cowen, Wells Fargo, Citigroup and Wedbush. Though ratings remained favorable in several reports, the reductions suggest analysts are tempering near-term expectations. Article: Rosenblatt Lowers Datadog Price Target Article: Wedbush Sets New Datadog Price Target

About Datadog

(Get Free Report)

Datadog, Inc provides a cloud-based monitoring and security platform that helps organizations observe and manage their technology environments. Its tools collect and analyze data from applications, infrastructure, networks, and other systems to help teams detect issues and improve performance.

The company’s products include infrastructure monitoring, application performance monitoring, log management, digital experience monitoring, database and network monitoring, and security tools. Datadog also offers capabilities for incident management and cloud security.

Founded in 2010 by Olivier Pomel and Alexis Lê-Quôc, Datadog serves customers around the world.