Datadog, Inc. (NASDAQ:DDOG) ranks among the best big data stocks to invest in. On December 29, MoffettNathanson reiterated its Buy rating and $255 price target for Datadog, Inc. (NASDAQ:DDOG), despite the stock’s recent fall from an all-time high back in November. The firm stated that Datadog, Inc. (NASDAQ:DDOG) had “one of the strongest quarters” within its coverage umbrella during the recent earnings period, benefiting greatly from AI-native operations throughout the year. MoffettNathanson links the DD ...

Core Insights - The company experienced accelerated top-line growth in the second quarter, driven by the investment cycle in AI tool companies [1] - AI solutions contributed 10% to the company's growth, indicating strong adoption among modern software companies [1] - The company has established relationships with 8 of the 10 largest AI tool companies and has over a dozen clients generating more than $1 million in revenue [1] - The company is utilized for observability in production workloads, similar to its role with other software companies [1]