-- 独立研究机构CFRA向提供了以下研究报告。CFRA分析师的观点总结如下：我们将DDOG的目标股价从161美元上调至231美元，基于2027年52.16亿美元的销售额预测，其企业价值/销售额（EV/S）为16倍，高于DDOG过去三年的平均水平。我们将2026年每股收益（EPS）预测从2.28美元上调至2.42美元，并将2027年EPS预测从2.81美元下调至2.80美元。DDOG公布了强劲的2026年第一季度业绩，营收达10.1亿美元（同比增长32%），较2025年第四季度的29%增速加快，环比营收增长6%，创下自2022年以来第一季度最佳表现。随着客户越来越多地在其统一平台上整合解决方案以提高成本效益和获得更佳效果，DDOG的需求已超越其人工智能原生应用市场。管理层还强调，随着人工智能训练工作负载的日益普及，服务于此类工作负载的机遇也在不断增长。非GAAP毛利率为80.2%，营业利润率为22%，与去年同期持平，但低于2025年第四季度的24%，原因是公司正在加大投资以寻求长期增长机会。
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