Mizuho raises target to USD 330 for Datadog stock before results
Published on 10/16/2026 at 09:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTarget revision and reporting date
- Mizuho raised its Datadog target from USD 300.00 to USD 330.00 on October 15, 2026.
- Second-quarter 2026 revenue reached USD 1.12 billion, up 36.00 percent year over year.
- Datadog stock trades at EUR 237.25 at 9:16 a.m. CEST at Lang & Schwarz on October 16, 2026.
Datadog (ISIN US23804L1035) stock was trading at EUR 237.25 at Lang & Schwarz on October 16, 2026 at 9:16 a.m. CEST. Mizuho raised its Datadog price target from USD 300.00 to USD 330.00 on October 15, 2026, according to Markets Insider.
Why Mizuho raised its target
Mizuho kept an Outperform rating while lifting the target, citing healthy third-quarter channel checks, strong public-cloud and consumption trends, and robust AI adoption, Markets Insider reported on October 15, 2026. The revision arrived before Datadog's scheduled third-quarter report and adds a fresh valuation reference to the stock's recent price action.
Growth still carries a concentration risk
In the second quarter of 2026, revenue rose 36.00 percent year over year to USD 1.12 billion, while non-GAAP operating margin reached 23.00 percent versus 20.00 percent a year earlier. Free cash flow increased to USD 279 million from USD 165 million, according to Zacks on September 17, 2026.
Datadog also had about 4,720 customers generating at least USD 100,000 in annual recurring revenue in the second quarter of 2026, up 23.00 percent from about 3,850 a year earlier. The same report said third-quarter revenue guidance was USD 1.135 billion to USD 1.145 billion and full-year 2026 guidance was USD 4.45 billion to USD 4.47 billion, despite a previously flagged usage reduction by the largest customer.
Three recent milestones
On September 17, 2026, Zacks highlighted second-quarter revenue of USD 1.12 billion and a 23.00 percent increase in large-account customers. On October 14, 2026, Datadog announced that third-quarter 2026 results would be released on November 4, 2026. On October 15, 2026, Mizuho raised its target from USD 300.00 to USD 330.00, according to Yahoo Finance and Markets Insider.
When are the next results?
Datadog is scheduled to report third-quarter fiscal 2026 financial results before U.S. markets open on November 4, 2026, followed by an earnings call at 8:00 a.m. Eastern Time, according to Yahoo Finance. The date gives investors a defined checkpoint for the usage trend and the revenue range.
Datadog stock before the results
For investors, the key tension is visible in the combination of 36.00 percent second-quarter revenue growth and the largest customer's lower usage. The target revision favors the growth case, while the November 4 report will test whether enterprise expansion is broad enough to offset concentration risk. Datadog stock was trading at EUR 237.25 at Lang & Schwarz on October 16, 2026 at 9:16 a.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of Datadog stock.
Datadog stock facts
- Company: Datadog, Inc.
- ISIN: US23804L1035
- Ticker: DDOG
- Primary exchange: Nasdaq
- Price Lang & Schwarz as of October 16, 2026, 9:16 a.m. CEST: EUR 237.25
- Sector / Industry: Information technology / cloud monitoring and security software
Market context: Market report S&P 500.
