Datadog (DDOG) reported third-quarter 2026 revenue growth of 35% year over year to $1.20 billion, while management’s fourth-quarter guidance disappointed enough to trigger a wave of analyst target ...

Datadog’s third quarter was objectively strong: revenue rose 35% year over year to $1.20 billion, operating cash flow reached $290 million, and free cash flow totaled $251 million, according to the company’s November 4, 2026 results release. The same release highlighted about 4,860 customers with more than $100,000 in annual recurring revenue, up from about 4,060 a year earlier, and said Datadog launched Scout 1.0, its first specialized model, now powering Bits Investigation.

That strength did not carry through to the outlook. Reuters-reported analyst notes from Scotiabank and others said the market focused on fourth-quarter guidance that lacked momentum, even after the revenue beat. Scotiabank cut its target to $260 from $285 while keeping a Sector Outperform rating, and Rosenblatt lowered its target to $285 from $305, maintaining Buy. Cantor Fitzgerald also cut its target to $260 from $327 while staying Overweight. Yahoo Finance’s analyst snapshot showed a current price of $174.60 on November 5, 2026, with an average target of $295.55 and a high target of $350, but those targets are point-in-time analyst views rather than a short-term trading map.

60. That is a damaged intermediate trend, even if the short-term price is trying to stabilize.

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