Datadog, Inc. (NASDAQ: DDOG) is listed as one of the top 10 AI stocks by BMO Capital. Price target lowered to $170.00 on January 29, while maintaining an “Outperform” rating. Concerns exist about FY26 guide and potential OpenAI migration.

Analyst Keith Bachman forecasts solid December quarter for Datadog, but expresses reservations about FY26 guidance due to OpenAI migration risk. Financial estimates remain unchanged, with uncertainty surrounding timing and scope of potential OpenAI migration.

Bachman lowers price target to $170 from $215 due to valuation compression and OpenAI risk. Firm maintains “Outperform” rating for Datadog, a cloud-based SaaS platform specializing in cloud computing and AI-powered cybersecurity products.

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Read more at Yahoo Finance: BMO Maintains Outperform on Datadog (DDOG) Despite OpenAI Risk