Scotiabank raised its fiscal year 2026 earnings per share estimate for Datadog to $0.59. The previous forecast was $0.31. The new projection exceeds the consensus estimate of $0.35.
Scotiabank maintains an "Outperform" rating on DDOG. The firm set a price target of $225.
Datadog exceeded earnings and revenue expectations in its latest quarter. Revenue grew 32.1% year-over-year. The company issued upbeat guidance for the upcoming period and full year.