Datadog stock: Bernstein raises target for Datadog stock from USD 237.00 to USD 350.00

Published on 10/21/2026 at 17:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Datadog's next earnings call is November 4, 2026. Datadog stock costs EUR 244.75 on October 21, 2026, up 1.98 percent versus Xetra close.

Bernstein target upgrade

Bernstein upgraded Datadog to Outperform and raised its target from USD 237.00 to USD 350.00 on October 19, 2026.
Datadog's next earnings call is scheduled for November 4, 2026.
Datadog stock costs EUR 244.75 at Lang & Schwarz on October 21, 2026 at 5:36 p.m. CEST, 1.98 percent above the Xetra close of EUR 240.00.

Datadog, US23804L1035, Illustration mit AI erstellt.

Bernstein upgraded Datadog to Outperform from Market Perform and raised its price target from USD 237.00 to USD 350.00 on October 19, 2026, according to CNBC. The new target is 27.01 percent above Datadog's Nasdaq price of USD 275.57 on October 21, 2026 at 11:37 a.m. ET. Datadog stock was trading at EUR 244.75 at Lang & Schwarz on October 21, 2026 at 5:36 p.m. CEST, up 1.98 percent versus the Xetra close of EUR 240.00.

Bernstein sees stronger AI demand

Bernstein analyst Peter Weed linked the upgrade to stronger token consumption among large artificial-intelligence laboratories. The firm said enterprise token use had grown at least 50.00 percent quarter over quarter among the largest AI labs, while traditional customer signals remained a counterfactor, CNBC reported on October 19, 2026.

November 4 sets the next test

Datadog's investor-relations page lists the third-quarter 2026 earnings conference call for November 4, 2026 at 8:00 a.m. EST, alongside the second-quarter call held on August 6, 2026. The date gives investors a defined checkpoint for the growth assumptions behind the USD 350.00 target, and the company describes its platform as covering cloud monitoring and security, according to Datadog.

Price position and valuation

The Xetra quote reached EUR 240.00 at 4:50 p.m. CEST on October 21, 2026, with a day range of EUR 228.50 to EUR 240.00 and a 52-week range of EUR 83.64 to EUR 266.50. The Lang & Schwarz price therefore sits 8.16 percent below that 52-week high. On Nasdaq, Datadog had a market capitalization of USD 99.0 billion and a trailing P/E ratio of 556.76 on October 21, 2026.

What the target means for valuation

The target change is the sharper signal than the daily euro move. Bernstein moved from a cautious rating to Outperform while lifting its target by USD 113.00, a 47.68 percent increase. That leaves the November report responsible for testing whether AI-driven demand can offset the traditional-customer weakness described in the analyst note.

Price remains above Xetra close

Datadog stock stood at EUR 244.75 at Lang & Schwarz on October 21, 2026 at 5:36 p.m. CEST, 1.98 percent above the Xetra close of October 21, 2026 at EUR 240.00. The further course of trading is shown by the continuously updated real-time quote of Datadog stock.