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Datadog Benefits as AI Use Rises Despite Cost Concerns, Truist Says
US Markets

Datadog Benefits as AI Use Rises Despite Cost Concerns, Truist Says

Datadog (DDOG) is benefiting from a broad push into AI across large companies, a trend that outweighs concerns about customers trying to rein in usage, Truist Securities said Monday in a report.While recent headlines have focused on AI cost controls, Truist said its industry feedback points to strong momentum behind adoption."In this environment, we believe that pure consumption-model companies like Datadog are poised to benefit," Truist said. The software company's model allows it to capture steady demand tied to expanding AI workloads, the report said.Truist upgraded its rating on Datadog stock to buy from hold and raised its price target to $300 from $190.In May, Datadog raised its full-year outlook after posting first-quarter results that topped Wall Street's expectations, driven by what CEO Olivier Pomel called an "additional secular growth driver" in AI.Datadog's shares rose 1.2% in Monday trading. They have jumped 71% this year.Truist said Datadog's core business remains strong, and its rapid product development is helping it win more customers as companies consolidate software vendors."Agentic AI adoption remains in early innings across enterprises globally, and increasing adoption of AI could accelerate growth further and push shares higher," the report said.Recent updates from major AI companies also suggest Datadog's relationships with its biggest customers are stabilizing, easing earlier concerns about potential losses, Truist said.Price: $232.54, Change: $+2.64, Percent Change: +1.15%

$DDOG
Research

Truist Upgrades Datadog to Buy From Hold, Raises Price Target to $300 From $190

Datadog (DDOG) has an average rating of buy and mean price target of $238.91, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$DDOG
Insider Trading

Datadog Insider Sold Shares Worth $17,376,592, According to a Recent SEC Filing

David M Obstler, Chief Financial Officer, on June 08, 2026, sold 75,000 shares in Datadog (DDOG) for $17,376,592. Following the Form 4 filing with the SEC, Obstler has control over a total of 434,591 Class A common shares of the company, with 434,591 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1561550/000156155026000192/xslF345X05/wk-form4_1781123222.xml

$DDOG
Wire

Datadog's Rapid Pace of AI Product Development is Acting as Positive Trend, RBC Says

Datadog's (DDOG) rapid advancement of its artificial intelligence-influenced product strategy is acting as a durable and positive trend for the company, RBC Capital Markets said in a research report emailed Wednesday.New capabilities around AI and security to help clients detect and resolve issues across the data lifecycle are part of the company's transition to autonomous operations, as AI tailwinds continue to support growth, analysts wrote.Momentum coming out of Q1 has likely continued in the current quarter, according to the note.The brokerage said it reiterated its outperform rating on the stock and price target of $250 per share.Price: $227.71, Change: $+0.37, Percent Change: +0.16%

$DDOG
Wire

Update: Wedbush Raises Price Target on Datadog to $260 From $220, Keeps Outperform Rating

(Updated to include Wedbush commentary)Wedbush raised its price target on Datadog (DDOG) to $260 from $220 following the company's DASH annual technical conference where it rolled out over 100 capabilities and innovative products for DevOps and Security.Full-stack visibility and autonomy continue to become more important for observability and security, and the company's place in that intersection remains strong as it capitalizes on rapid AI development and demand, analysts led by Dan Ives wrote in a Wednesday note.Datadog has an average rating of buy and mean price target of $232.21, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $227.08, Change: $-0.26, Percent Change: -0.11%

$DDOG
Wire

Datadog's Place in Observability, Security Remains Strong as it Capitalizes on AI Demand, Wedbush Says

Datadog's (DDOG) place at the intersection of observability and security remains strong as the company continues to capitalize on rapid artificial intelligence development and demand, Wedbush said in a Wednesday note.With the company launching new capabilities and products at its annual technical conference, Wedbush said that customers were most excited about Bits AI updates and Journey Monitoring, which streamline workflows by allowing users to track journeys automatically during shipping, among others.Two launches related to security stood out, namely, AI Guard that blocks prompt injection and tool misuse, and Runtime Prioritization Engine, which cuts vulnerability noise over 95% by ranking findings on runtime reachability and business impact, Wedbush said.Wedbush raised its price target to $260 from $220 and maintained its outperform rating, reflecting a higher multiple as well as increased confidence in the AI driven growth story.Price: $231.45, Change: $+4.11, Percent Change: +1.81%

$DDOG
Insider Trading

Datadog Insider Sold Shares Worth $1,271,844, According to a Recent SEC Filing

Titilope Cole, Director, on June 04, 2026, sold 5,131 shares in Datadog (DDOG) for $1,271,844. Following the Form 4 filing with the SEC, Cole has control over a total of 1,216 Class A common shares of the company, with 1,216 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1561550/000156155026000190/xslF345X05/wk-form4_1780950968.xml

$DDOG
Wire

BofA Securities Lifts Datadog Price Target to $280 From $260, Maintains Buy Rating

Datadog (DDOG) has an average rating of Buy and mean price target of $228, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $232.21, Change: $-1.90, Percent Change: -0.81%

$DDOG
Insider Trading

Datadog Insider Sold Shares Worth $20,358,003, According to a Recent SEC Filing

Alexis Le-Quoc, Director, Chief Technology Officer, on June 01, 2026, sold 75,418 shares in Datadog (DDOG) for $20,358,003. Following the Form 4 filing with the SEC, Le-Quoc has control over a total of 509,974 Class A common shares of the company, with 509,805 shares held directly and 169 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1561550/000156155026000171/xslF345X05/wk-form4_1780519370.xml

$DDOG
Wire

Datadog 'Well Positioned' to Benefit From Rising Observability Spending, RBC Says

Datadog (DDOG) remains "well positioned" to benefit from rising "observability" spending driven by cloud migration, artificial intelligence adoption and continued product innovation, RBC Capital Markets said in a report emailed Friday.Following a meeting with the company's management, the firm said Datadog continues to gain market share as customers "consolidate" around its platform and invest in AI-driven modernization, with product innovation, expanding sales capacity and growing customer adoption supporting "durable" growth.AI-driven infrastructure modernization is Datadog's largest long-term opportunity, positioning the company as a preferred platform for managing production environments, the firm said.While emerging opportunities such as AI "training workloads," token cost management and "Bits AI SRE" could provide additional growth over time, the firm said the core investment thesis remains centered on Datadog's leadership in observability and "production environments."RBC maintained an outperform rating on Datadog and raised its price target to $250 from $219.Price: $239.67, Change: $+14.43, Percent Change: +6.40%

$DDOG
Research

Research Alert: CFRA Maintains Strong Buy Rating On Shares Of Datadog Inc.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We raise our target price from $161 to $231 on an EV/S of 16x our 2027 sales projection of $5.216B, above DDOG's three-year average. We increase our 2026 EPS forecast from $2.28 to $2.42 and trim our 2027 EPS estimate to $2.80 from $2.81. DDOG reported strong Q1 2026 results with revenue of $1.01B (up 32% Y/Y), accelerating from 29% in Q4 2025, with sequential revenue growth of 6% marking the strongest Q1 performance since 2022. DDOG is seeing broad-based demand beyond its AI-native installed base as customers increasingly consolidate solutions on its unified platform for greater cost efficiency and more effective results. Management also highlighted a growing opportunity to serve AI training workloads as they become more prevalent. Non-GAAP gross margin was 80.2%, and operating margin was 22%, flat Y/Y but down from 24% in Q4 2025, as the company ramps investments to pursue long-term growth opportunities.

$DDOG
Equities

S&P 500 Posts Sixth Consecutive Weekly Gain, Hits Highs in Tech-Led Rise

The Standard & Poor's 500 index rose 2.3% this week to another round of new highs as the technology sector climbed on deals and earnings.The S&P 500 ended Friday's session at 7,398.93, marking its latest all-time closing high. The market benchmark also set a fresh intraday high on Friday at 7,401.50, its sixth consecutive week of gains. The index is up 8.1% for the year.This week's advance came as deal chatter and better-than-expected earnings drove strong gains in the technology sector. The deals included a preliminary agreement under which Intel (INTC) will make some of the chips powering Apple (AAPL) devices, according to a Wall Street Journal report citing people familiar with the matter.Also, payroll data from the Bureau of Labor Statistics showed the US economy added more jobs than projected in April. This helped allay concerns about a slowdown in the labor market. Investors also saw the data as likely allowing the Federal Reserve to stick to its current policy stance.Nonfarm payrolls for April rose by 115,000, well above the 65,000 increase expected in a Bloomberg-compiled survey. Private payrolls growth slowed to 123,000 in April from 190,000 the month prior, the BLS reported, surpassing the consensus estimate for a 75,000 gain. The unemployment rate was unchanged at 4.3% in April, in line with Wall Street's estimates.The technology sector jumped 7% on the week, followed by a 1.9% increase in communication services and a 1.8% increase in consumer discretionary. Materials, industrials and real estate also edged higher.Akamai Technologies (AKAM) and Datadog (DDOG) topped the technology sector as shares soared 42% each. Akamai's Q1 results included a slight earnings beat and Chief Executive Tom Leighton said a US-based frontier model provider has committed $1.8 billion over seven years for the company's cloud infrastructure services. A Bloomberg report citing people familiar with the matter said the partner is Amazon.com-backed (AMZN) artificial intelligence startup Anthropic.Datadog's surge came as the software maker posted higher-than-expected Q1 results and raised its full-year outlook.Walt Disney's (DIS) stock was the best performer in communication services, climbing 4.8% on the week as the media and entertainment company's fiscal second-quarter results came in ahead of market estimates amid revenue gains across all business operations. Disney also reiterated expectations for growth to accelerate in the second half.Tesla (TSLA) led the gainers in consumer discretionary. The electric vehicle maker's shares rose 9.6% amid a report that the company's China-made electric vehicle sales rose for a sixth consecutive month on a year-over-year basis.On the downside, the energy sector fell 5.4%, followed by a 4% loss in utilities, a 1.4% slip in financials and a 1.2% decline in health care. Consumer staples were also lower.The drop in the energy sector came as crude oil futures also fell on the week. APA (APA) was hit the hardest in the sector, losing 11% despite the company's Q1 earnings coming in above analysts' mean estimate.In utilities, NRG Energy (NRG) shares had the largest percentage drop for the week, falling 10%. The company reported Q1 adjusted earnings per share below analysts' mean estimate even as revenue topped the Street view.Next week's earnings calendar features Cisco Systems (CSCO), Applied Materials (AMAT) and Constellation Energy (CEG).Economic data will include the April consumer and producer price indexes. Retail sales, existing home sales, import prices and industrial production for April will also be among the reports.

Dow JonesNasdaq CompositeS&P 500$AKAM$APA$DDOG$DIS$NRG$TSLA
Wire

Datadog Sees Broad-Based Strength Across AI-Native, Non-AI-Native Customers, RBC Says

Datadog (DDOG) sees continued broad-based strength across both artificial intelligence-native and non-AI-native customers, with demand not concentrated among ramping large customers, RBC Capital Markets said.RBC noted the quarter marked the fourth straight quarter of accelerating growth and one of Datadog's strongest results in recent memory. Revenue growth exceeding 30% for the first time since first quarter of 2023 reinforced what it views as sustained underlying momentum as AI adoption continues to inflect and tech stack modernization accelerates.A highlight of the quarter was an eight- and seven-figure annualized deal with AI research divisions of two major tech companies for AI training as Datadog's platform continues to resonate with AI-native customers, RBC said in a research note Thursday, adding that despite the updated full-year guidance range, it still sees room for upside.RBC raised its price target on Datadog to $219 from $161 and maintained its outperform rating.Shares of Datadog were up nearly 2% in Friday trading.Price: $192.10, Change: $+3.37, Percent Change: +1.79%

$DDOG
Wire

Datadog is Executing 'Very Well' and End-Market Demand is Inflecting, BofA Says

Datadog (DDOG) is executing "very well" and end-market demand is inflecting, with the company's Q2 revenue growth guidance looking "impressive" and Q1 performance suggesting ongoing revenue growth acceleration, BofA Securities said in a Thursday note.The company's announcement of two deals signed with artificial intelligence labs in "two of the world's largest technology companies" validates thesis that Datadog "solves mission critical and hard problems," BofA said, adding that accelerating foundational AI model usage and newly built specialized enterprise AI models are a tailwind for the company.Datadog's Q1 results are a positive read for the other pure-play public observability vendors like Dynatrace (DT), while also being a positive signal for Snowflake (SNOW) and MongoDB (MDB) that play on similar themes of AI, digital transformations, and cloud migrations, BofA said.BofA raised its earnings per share estimate on Datadog to $2.43 from $2.11 for 2026, to $2.66 from $2.35 for 2027, and to $3.06 from $2.65 for 2028.BofA lifted its price target on the company's stock to $225 from $170 and maintained its buy rating.Price: $192.14, Change: $+3.41, Percent Change: +1.80%

$DDOG$DT$MDB$SNOW
Wire

RBC Raises Datadog Price Target to $219 From $161, Keeps Outperform Rating

Datadog (DDOG) has an average rating of buy and mean price target of $218.41, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $193.40, Change: $+4.67, Percent Change: +2.47%

$DDOG
Wire

Datadog Growth Outlook Improves as AI Demand Builds, Morgan Stanley Says

Datadog (DDOG) could see more growth from AI-driven usage, stronger core demand, and large AI customer deals, Morgan Stanley said in a note Friday.The firm said Datadog's revenue growth accelerated to 32%, helped by the strongest usage growth since Q1 2022 and a record quarter for new annual recurring revenue, and the core business, excluding AI native customers, grew in the mid-20% range for the third straight quarter as AI projects supported cloud migration and digital work.Two large deals with AI research labs should help revenue growth later in 2026 because they did not add much to Q1 results, according to the note.Datadog's Q2 revenue outlook was well above market expectations, while the higher full-year 2026 forecast still looks conservative given recent momentum, Morgan Stanley said.Morgan Stanley kept its overweight rating and raised its price target for Datadog to $225 from $180.Price: $190.26, Change: $+1.53, Percent Change: +0.81%

$DDOG
Wire

UBS Raises Price Target on Datadog to $220 From $195, Maintains Buy Rating

Datadog (DDOG) has an average rating of buy and mean price target of $218.41, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $186.33, Change: $-2.40, Percent Change: -1.27%

$DDOG
Research

Citigroup Upgrades Datadog to Market Outperform From Market Perform, Price Target is $225

Datadog (DDOG) has an average rating of buy and mean price target of $218.41, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$DDOG
US Markets

S&P 500, Nasdaq Snap 2-Day Record Run as Oil Prices Rise in Volatile Session

The S&P 500 and the Nasdaq Composite fell from record closing highs on Thursday as oil prices rose in what turned out to be a choppy trading session for crude.The S&P 500 closed 0.4% lower at 7,337.1, while the Nasdaq slipped 0.1% to 25,806.2. The Dow Jones Industrial Average dropped 0.6% to 49,597. All three indexes snapped a two-day advance that propelled the S&P 500 and the Nasdaq to all-time highs.Barring communication services and technology, all sectors were in the red, led by materials and energy.West Texas Intermediate crude was last up 0.7% at $95.73 a barrel, swinging between gains and losses during Thursday late-afternoon trade. Brent was up 0.1% at $101.36. Both benchmarks fell sharply Wednesday amid prospects of a diplomatic breakthrough between the US and Iran.Iran is still reviewing "messages" from the US via Pakistani mediation, CNN reported, citing Iranian media. Tehran has set out new rules for ships looking to transit ross the crucial Strait of Hormuz, the news outlet reported."Markets continue to be cautiously optimistic toward the prospect of a US-Iran deal to end the war despite the appearances of the US administration pumping the deal vastly more than the other side," Scotiabank said in a note.US Treasury yields were higher, with the 10-year rate up 4.5 basis points at 4.40% and the two-year rate rising 5.4 basis points to 3.92%.In company news, Tapestry (TPR) raised its fiscal 2026 outlook after delivering a third-quarter beat, but provided a subdued fourth-quarter sales guidance for its Kate Spade brand. The luxury fashion company's shares slumped 12%, the second-worst performer on the S&P 500.Planet Fitness (PLNT) shares slid 31% after the fitness center operator tempered its full-year expectations amid fewer-than-projected member additions in the first quarter.Shake Shack (SHAK) shares plummeted 28% after the fast food chain operator's first-quarter results fell short of Wall Street's estimates amid weather-related headwinds.Datadog (DDOG) shares surged 31%, the top gainer on the S&P 500. The software maker raised its full-year outlook after posting first-quarter results that topped the Street expectations.In economic news, US job cuts increased in April to the third-highest total for the month since 2009 as technology companies continued to announce layoffs amid a shift toward artificial intelligence, Challenger Gray & Christmas said Thursday.The report comes ahead of the official April nonfarm payrolls data to be released on Friday.Official data are expected to show that the US economy added 65,000 nonfarm jobs in April, compared with a 178,000 increase reported for the previous month, according to a Bloomberg-compiled consensus. On Wednesday, ADP (ADP) said that employment in the US private sector grew at its fastest pace in more than a year.Gold was up 0.3% at $4,709.90 per troy ounce in Thursday late-afternoon trade, while silver jumped 2.7% to $79.40 per ounce.

Dow JonesNasdaq CompositeS&P 500$ADP$DDOG$PLNT$SHAK$TPR
Asia Markets

US Equity Indexes Fall as Iran Seeks Hormuz Control, Washington Plans to Restart Operation Freedom

US equity indexes declined on Thursday as Iran reportedly set up an agency to control shipping in the Strait of Hormuz, and Washington, still awaiting Iran's response to its peace proposal, considered options to restart defence operations to provide safe passage for ships stranded at the critical waterway.The Nasdaq slipped 0.1% to 25,806.20, retreating from an all-time peak of 26,036.38 intraday amid concern that a peace agreement between the US and Iran could be at risk. The S&P 500 fell 0.4% to 7,337.11 after hitting an all-time high of 7,385.02 earlier in the session. The Dow Jones Industrial Average declined 0.6% to 49,596.97.All sectors except technology and communication services fell. Energy, materials, and industrials led the decliners.Iran has created a government agency to vet and tax vessels seeking passage through Hormuz, an Associated Press report cited a shipping data company Thursday. Tehran has laid out a new set of rules for vessels seeking to transit the chokepoint through which about 20% of global crude oil flows, according to a document seen by CNN.Entitled "Vessel Information Declaration," the document is an application form issued by Iran's newly created Persian Gulf Strait Authority, and it must be completed by all transiting vessels to ensure safe passage, CNN reported. The document was shared with CNN by the Lloyds List and another shipping industry source who wished to remain anonymous, according to the news report.Meanwhile, the Trump administration is looking to restart an operation to guide commercial ships through Hormuz with naval and air support as early as this week, after Saudi Arabia and Kuwait lifted restrictions on US access to their bases and airspaces, The Wall Street Journal reported Thursday, citing Pentagon officials.The US is still awaiting Iran's response to its peace proposal. The two countries are said to be working with mediators to formulate a one-page framework to restart talks aimed at ending the war and reopening Hormuz.West Texas Intermediate crude oil futures rose 1.1% to $96.11, turning the corner from a decline of 3% earlier in the session. Brent crude futures added 0.1% to $101.36, off intraday declines of more than 3%.Most US Treasury yields rose, with the 10-year up 3.4 basis points to 4.39% and the two-year climbed 4.1 basis points to 3.91%.In economic news, employers in the US announced 83,387 job cuts in April, up 38% from March, Challenger, Gray & Christmas said Thursday. The two previous highs were 105,441 job cuts recorded in April 2025 and 671,129 in April 2020, the global outplacement firm added.US initial jobless claims rose to 200,000 in the week ended May 2 from an upwardly revised 190,000 in the previous week, compared with expectations for 205,000 in a survey of analysts compiled by Bloomberg. The four-week moving average fell by 4,500 to 203,250.In company news, Datadog (DDOG) raised its full-year outlook after the software maker posted Q1 results above analysts' estimates. Shares surged 31%, the top gainer on the S&P 500 and the Nasdaq.In precious metals, gold futures edged up 0.6% to $4,724.00, and silver futures jumped 3.9% to $80.30.

Dow JonesNasdaq CompositeS&P 500$DDOG

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