Core Insights - Datadog, Inc. (NASDAQ:DDOG) is identified as one of the software stocks with significant upside potential, with recent analyst updates indicating varying price targets and ratings [1][2] Analyst Updates - Truist Financial analyst Miller Jump reduced the price target for Datadog from $195 to $140 while maintaining a Hold rating, suggesting a 14.5% upside from current levels as of January 10 [1] - RBC Capital analyst Matthew Hedberg lowered the price target from $216 to $175 but kept a Buy rating, indicating a potential 43% upside from current levels [2] Market Position and Outlook - BTIG analysts included Datadog in their 2026 list of favored names in security and infrastructure software, highlighting a positive outlook for the observability space and the benefits from vendor consolidation and AI workload proliferation [3] - Datadog operates a security and observability platform for cloud applications, offering products such as log management, database monitoring, and digital experience monitoring [3]