Datadog (DDOG) Price Target Raised to $147 on Strong Born-in-AI Growth

Datadog, Inc. (NASDAQ:DDOG) is one of the 10 AI Stocks Making Waves on Wall Street.  On August 8, Bernstein SocGen Group analyst Peter Weed raised the price target on the stock to $147.00 (from $145.00) while maintaining an Outperform rating.

According to the firm, Datadog’s Q2 on first blush was a blowout, with the beat reflecting another outperformance by their Born-in-AI cohort.

“Datadog’s Q2’25 on first blush was a blowout, with the largest $ beat vs. midpoint guide ever, even besting the frothy Q4’21 earnings at the height of COVID cloud consumption mania. Even on a % basis it was the largest beat since 2022. "

A business person pointing to a graph displaying a company's projected EBITDA growth. "And management didn’t stop there, passing through more than 2x to the FY guide (their largest midpoint raise ever). This beat reflected another outperformance by their Born-in-AI cohort, which grew to 11% of revenue (vs. 8% in Q1) and drove +10% point tailwinds to growth (vs. 6% in Q1)… but it is exactly this source of out-performance that we believe led to the stock down for the day”.

Datadog, Inc. (NASDAQ:DDOG) offers a cloud-based SaaS platform for monitoring and analytics, specializing in cloud computing and AI-powered cybersecurity products.

While we acknowledge the potential of DDOG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.