Datadog stock surged over 4% due to optimistic price target raise from analyst.

From Yahoo Finance: 2025-06-18 18:01:00

Datadog’s stock surged over 4% after Bank of America Securities analyst Koji Ikeda raised his price target to $150 per share. He believes the company can achieve 20%+ revenue growth and strong free-cash-flow margins due to customer demand. Datadog’s focus on AI solutions has been successful, contributing nearly 9% of annual recurring revenue.

Ikeda’s optimistic outlook on Datadog’s future growth aligns with the company’s customer-centric approach and innovative product development, particularly in AI. The analyst’s prediction of sustained double-digit gains seems realistic, making Datadog a favorable investment choice.

For investors considering Datadog, it’s important to note that while the stock is performing well, it was not among the Motley Fool Stock Advisor’s top 10 stock picks. The team’s picks have historically delivered significant returns, outperforming the market by a wide margin. Joining Stock Advisor can provide access to the latest top 10 list and potential investment opportunities.



Read more at Yahoo Finance: Why Datadog Stock Cruised to a More Than 4% Gain Today