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Home.forex news reportTD Cowen Remains Optimistic on Datadog (DDOG) Stock Amidst Attractive Valuation

TD Cowen Remains Optimistic on Datadog (DDOG) Stock Amidst Attractive Valuation

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Datadog, Inc. (NASDAQ:DDOG) is one of the Best Long-Term Tech Stocks to Buy According to Analysts.  On January 21, TD Cowen reduced its price objective on Datadog, Inc. (NASDAQ:DDOG)’s stock to $200 from $235, while keeping a “Buy” rating, as reported by The Fly. The firm believes that the company will deliver strong results and exceed the guidance of 24% growth. It also believes that there are no competition concerns and the current valuation remains attractive for Datadog, Inc. (NASDAQ:DDOG).

TD Cowen Reduces PT on Datadog (DDOG) Stock
TD Cowen Reduces PT on Datadog (DDOG) Stock

In a separate release, Stifel upgraded the company’s stock to “Buy” from “Hold” with a price objective of $160, down from the prior target of $205. As per the analyst, recent channel checks are hinting that Datadog, Inc. (NASDAQ:DDOG) will deliver a larger-than-typical quarterly beat in Q4 2025. This expectation comes on the back of accelerating core growth and continued strong gains.

Also, Datadog, Inc. (NASDAQ:DDOG)’s stock valuation seems to be relatively attractive for one of the few names the firm covers with accelerating core growth.

Datadog, Inc. (NASDAQ:DDOG) operates an observability and security platform for cloud applications.

While we acknowledge the potential of DDOG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now

Disclosure: None. This article is originally published at Insider Monkey.



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