FBN Securities starts coverage of Datadog stock with USD 325 target

Published on 10/07/2026 at 15:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 36.00 percent in the second quarter of 2026. Datadog stock costs EUR 248.25 on October 7, 2026 versus EUR 247.75.

Datadog, US23804L1035, Illustration mit AI erstellt.

Datadog stock (ISIN US23804L1035) was trading at EUR 248.25 at Lang & Schwarz on October 7, 2026 at 2:59 p.m. CEST, up EUR 0.50 or 0.20 percent versus the prior close of EUR 247.75. On October 2, 2026, FBN Securities initiated coverage with an Outperform rating and a USD 325.00 price target, as Investing.com reported.

Revenue acceleration sets the tone

Datadog reported USD 1.12 billion of revenue in the second quarter of 2026, a 36.00 percent year-over-year increase. The figure was above the high end of the company's outlook, according to Benzinga.

The same quarter produced USD 257.00 million of non-GAAP operating income and a 23.00 percent operating margin. Operating cash flow reached USD 316.00 million, while free cash flow was USD 279.00 million, giving investors a clearer measure of the cash conversion behind the revenue growth.

Usage reduction tempers the outlook

Datadog's outlook for the third quarter of 2026 calls for revenue of USD 1.135 billion to USD 1.145 billion, equal to 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, or 30.00 percent growth, while non-GAAP operating income is expected at USD 1.01 billion to USD 1.03 billion.

Management said a usage reduction by its largest customer is included in the third-quarter and full-year outlook, even as the broader business continues to accelerate. The second-quarter call also cited 33,400 customers, including 4,720 customers with annual recurring revenue of at least USD 100,000, according to Benzinga.

Analysts remain broadly positive

MarketBeat reported on October 7, 2026, that 46 brokerages carried a Moderate Buy consensus, with 38 Buy ratings, three Strong Buy ratings, four Hold ratings and one Sell rating. The average 12-month price objective was USD 277.73, placing the consensus near the USD 278.24 Nasdaq quote dated October 6, 2026.

The primary-market quote also places the stock between a USD 98.01 52-week low and a USD 292.72 52-week high as of October 6, 2026. Market capitalization was USD 99.0 billion on that date, so the valuation remains tied closely to whether the reported acceleration can offset the largest-customer usage issue.

Stock holds near its yearly high

At Lang & Schwarz, Datadog was trading at EUR 248.25 on October 7, 2026 at 2:59 p.m. CEST, plus 0.20 percent versus the prior close of EUR 247.75. The primary exchange is Nasdaq, where the stock was last quoted at USD 278.24 on October 6, 2026 at 4:00 p.m. ET.
The further course of trading is shown by the continuously updated real-time quote of Datadog stock.