Datadog Reports Record Bookings, Analysts Lower Target

Datadog Inc. reported record new-logo annualized bookings in Q3 2025, more than doubling year over year, and disclosed several seven-figure enterprise wins. On January 30 Rosenblatt lowered its price target to $185 from $200 while reiterating a Buy rating, citing multiple compression amid macro uncertainty. Datadog’s expanding observability and analytics suite should help it capture cloud-migration and AI-driven spending as budgets normalize.
Scoring Rationale
Official Q3 results and strong bookings support a high-impact assessment; limited novelty and promotional framing reduce breakthrough potential.
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