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Datadog Stock Targeted at $300 by CNBC Analyst, Up 94% Over Past Year

Stocks AI Industry News

2026-07-15 00:37:22

DDOG4.02%

According to Todd Gordon, a CNBC columnist, Datadog (NASDAQ: DDOG) received a price target of $300 on July 14, with shares currently trading at $266 after surging 94% over the past year. Gordon cited the cloud data platform's momentum as it benefits from artificial intelligence adoption.

Datadog's Q1 2026 quarterly revenue exceeded $1 billion for the first time, growing 32% year-over-year, while annual recurring revenue (ARR) surpassed $4 billion. Net revenue retention rate (NRR) stood above 120%, with 75% of revenue growth coming from existing customer expansion.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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