Core Viewpoint - Datadog's stock has experienced a decline due to concerns over losing its largest customer, OpenAI, which is developing its own observability software, potentially leading to significant revenue loss [1][3][4] Group 1: Company Performance - Datadog's shares fell by as much as 6.3% before recovering slightly to a 4.1% decline [1] - The company has maintained a strong average growth rate of nearly 50% over the past five years, particularly favored by high-growth tech companies [2] Group 2: Analyst Insights - Guggenheim downgraded Datadog's stock from "neutral" to "sell," setting a price target of $105, significantly below its current trading price of $146 [3] - The downgrade is primarily due to the anticipated loss of OpenAI as a customer, which could result in a revenue shortfall exceeding $150 million [4] Group 3: Future Projections - Analysts predict Datadog's revenue growth will decelerate from the current mid-20% range to 17% in Q4 of this year and further down to 15% in 2026 [4] - OpenAI's ambitions to develop its own software could pose competitive threats not only to Datadog but also to other existing software leaders in the industry [6][8]