Datadog(US:DDOG) The Motley Fool·2025-09-29 23:15Core Viewpoint - Datadog's stock experienced a significant increase of over 4% following a bullish update from an analyst, outperforming the S&P 500 index's 0.3% rise [1] Price Target Adjustment - BMO Capital's analyst Keith Bachman raised Datadog's price target from $130 to $154 per share, maintaining an outperform (buy) recommendation [2] - The price target revision was based on a new revenue estimate for the upcoming quarter, reflecting a fair multiple of 14 to 15 times Datadog's expected fiscal 2026 revenue, up from the previous multiple of 13 to 14 times [4] Recent Performance - Datadog reported strong second-quarter earnings, achieving a double beat on consensus analyst estimates and exceeding projections for the entire year [5] - The company experienced a 28% year-over-year revenue growth, reaching $827 million, while non-GAAP net income increased by 7% to nearly $164 million [6]