Datadog Set for 'Strong' Q3 Results, Oppenheimer Says

11:48 AM EDT, 10/26/2026 (MT Newswires) -- Datadog (DDOG) is expected to post a "strong" Q3 performance with an upside of around 4% to the consensus revenue estimate, Oppenheimer said in a note Monday. The results are due Nov. 4. The report said net retention rate is expected to remain at over 120%, driven by enterprise and large-customer momentum. The note said checks showed a largely unchanged competitive environment, pointing to a strong long-term way forward for the company. Datadog's end-to-end AI observability stack leaves it well positioned over growing competition in the space. "We remain bullish on Datadog with a longer-term view, seeing several growth levers that can sustain 20%+ YoY growth for multiple years," the report said. Oppenheimer kept its outperform rating and raised its price target to $330 from $300. Price: 280.49, Change: +10.84, Percent Change: +4.02