Datadog Stock - Scotiabank lifts target after AI-driven growth
18.06.2026 - 17:40:14 | ad-hoc-news.de
Edited by ad hoc news Chart & Technicals Desk. Verified prior to publication on 06/18/2026, 17:37 CET. Details in the imprint.
Datadog (US26614N1028) is back in the analyst spotlight after fresh commentary on its AI exposure. Scotiabank recently raised its price target on the stock, highlighting robust demand for observability in cloud and AI workloads, according to a MarketBeat news summary.
All news and analysis on Datadog stock
Key figures, filings and news on Datadog stock are collected in our topic overview and on the company’s investor relations pages.
What the analyst move says
According to a MarketBeat item summarizing recent calls, Scotiabank lifted its price target on Datadog shares from $225 to $275, implying roughly 25% upside from the prior close and underscoring constructive sentiment on the company’s growth prospects.
The same summary notes that Datadog is benefiting from multiple recent price-target increases and bullish views tied to growing AI and cloud-monitoring demand, even as some insiders continue to sell shares under pre-arranged plans.
Thursday focus on the chart
On Thursday, Datadog shares were quoted around $226 on U.S. trading platforms, with intraday moves of roughly 2% in a session that has seen continued volatility in high-growth software names.
Trading data from retail brokerage platforms also show active options activity around Datadog, reflecting ongoing interest in the stock’s short-term direction amid sector-wide swings in cloud and AI beneficiaries.
How the company makes money
Datadog generates revenue primarily from subscriptions to its cloud-based observability and security platform, which monitors infrastructure, applications, logs, and user experience across multi-cloud and hybrid environments for enterprise customers.
Where the stock trades today
Datadog shares (US26614N1028) trade on the Nasdaq at $226.63 as of 06/18/2026, 11:18 ET.
Key facts on Datadog stock
- Company: Datadog, Inc.
- ISIN: US26614N1028
- WKN: A2PSFR
- Ticker: DDOG
- Venue: Nasdaq
- Price (as of 06/18/2026, 11:18 ET): 226.63 USD
- Market cap: 76,000,000,000 USD (as of 06/18/2026)
- Sector / Industry: Information Technology / Application Software
- Index membership: Nasdaq-100, S&P 500
- Next earnings date: not officially scheduled
This article was AI-assisted and editorially reviewed. Price and company data without warranty; prices and dates may change at short notice. No investment advice, no buy or sell recommendation. Trading securities involves risk up to total loss of capital.
