RBC raises target for Datadog stock to USD 320 FROM USD 280? no

Published on 10/13/2026 at 12:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

RBC sees 34.00 percent to 35.00 percent third-quarter growth. Datadog stock trades at EUR 256.75 on October 13, 2026 versus EUR 257.50.

RBC raised its Datadog price target to USD 320 from USD 280 on October 12, 2026.
Second-quarter revenue reached USD 1.12 billion, up 35.60 percent year over year.
Datadog stock was trading at EUR 256.75 at Lang & Schwarz on October 13, 2026, versus the EUR 257.50 Xetra close of October 12, 2026.
Datadog is scheduled to report third-quarter 2026 results on November 5, 2026.

Datadog, US23804L1035, Illustration mit AI erstellt.

RBC raised its Datadog price target to USD 320 from USD 280 on October 12, 2026, while maintaining an Outperform rating, according to Investing.com. The revision puts Datadog's latest growth outlook at the center of the valuation debate, while the euro quote stood at EUR 256.75 at Lang & Schwarz on October 13, 2026.

Three milestones set the path

Datadog reported USD 1.12 billion in second-quarter 2026 revenue on August 6, 2026, up 35.60 percent from the same quarter a year earlier, according to MarketBeat. Yorkville Ives then initiated coverage on October 7, 2026 with a USD 335.00 target, as reported by Investing.com. RBC's USD 320.00 target on October 12, 2026 is the latest of these three milestones.

What does RBC expect next?

RBC expects third-quarter 2026 revenue growth of 34.00 percent to 35.00 percent, above its earlier 28.70 percent estimate, according to Investing.com. That forecast implies a measured slowdown from the 35.60 percent second-quarter growth rate, making execution against the updated estimate the key operating test.

Results date sets the next test

MarketBeat lists November 5, 2026 as Datadog's estimated third-quarter 2026 reporting date, before the market opens, with the conference call scheduled for 8:00 a.m. ET. The date gives investors a concrete checkpoint for comparing the 34.00 percent to 35.00 percent revenue-growth expectation with the reported result.

Euro quote stays below the Xetra close

Datadog was trading at EUR 256.75 at Lang & Schwarz on October 13, 2026 at 12:30 p.m. CEST, down EUR 0.75 or minus 0.29 percent versus the Xetra close of EUR 257.50 on October 12, 2026. The US primary listing was at Nasdaq, where the October 12, 2026 close was USD 287.29.