FBN Securities sets a USD 325.00 target for Datadog stock
Published on 10/06/2026 at 17:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Datadog (ISIN US23804L1035) stock was last at EUR 235.50 on Tradegate on October 6, 2026 at 8:05 a.m. CEST, versus a EUR 237.00 prior close. Investing.com reported on October 2, 2026 that FBN Securities initiated coverage with an Outperform rating and a USD 325.00 price target for Datadog stock.
Second-quarter growth stays elevated
Datadog generated USD 1.12 billion in revenue in the second quarter of 2026, a 36.00 percent increase from the year-earlier quarter. Benzinga reported that the company ended the quarter with 33,400 customers, including 4,720 customers with annual recurring revenue of at least USD 100,000.
The customer base also expanded its use of the platform. In the second quarter, 58.00 percent of customers used at least four products, compared with 52.00 percent a year earlier, while 37.00 percent used at least six products, compared with 29.00 percent.
Guidance includes a customer risk
Datadog guided for third-quarter 2026 revenue of USD 1.135 billion to USD 1.145 billion, implying 28.00 percent to 29.00 percent year-over-year growth. Full-year 2026 revenue guidance stands at USD 4.45 billion to USD 4.47 billion, equivalent to 30.00 percent growth.
The same call identified a counter-factor: the company's largest customer renewed but reduced usage, an assumption included in the guidance. Datadog still generated USD 279.00 million of free cash flow in the second quarter, equal to a 25.00 percent margin, while non-AI customer revenue growth accelerated to the high 20s year over year.
Analyst target meets a demanding valuation
FBN Securities' USD 325.00 target is a separate valuation signal from the operating figures. TradingView reported that 31 of 32 FactSet-tracked analysts rated the shares at the equivalent of Buy and that the average target was USD 295.00 on October 2, 2026.
The finance quote for October 6, 2026 put Datadog's market capitalization at USD 99.6 billion, with a 52-week range of USD 98.01 to USD 292.72. The range places the current Nasdaq reference context below the yearly high, while the Tradegate quote provides the euro perspective for German investors.
Tradegate quote sets the euro reference
Datadog was last at EUR 235.50 on Tradegate on October 6, 2026 at 8:05 a.m. CEST, down EUR 1.50 or 0.63 percent versus the EUR 237.00 Tradegate close from October 5, 2026. The Nasdaq-listed stock's operating growth remains strong, but the largest-customer usage reduction makes the third-quarter guidance range the next key benchmark.
Price source: substitute price Tradegate, Lang & Schwarz without data set.
Datadog stock facts
- Company: Datadog, Inc.
- ISIN: US23804L1035
- Ticker: DDOG
- Primary exchange: Nasdaq
- Price substitute Tradegate as of October 6, 2026, 8:05 a.m. CEST: EUR 235.50
- Change versus prior close: minus 0.63 percent
- Prior close Tradegate October 5, 2026: EUR 237.00
- Market capitalization: USD 99.6 billion as of October 6, 2026
- 52-week range: USD 98.01-USD 292.72 as of October 6, 2026
- Sector / Industry: Technology / Software - Application
