Datadog Soars on AI R&D Bet | Durham News

Durham News Today | 2 Min News | The Daily News Now! · Jul 4, 2026 · 1m

Benchmark just raised Datadog’s price target to $330 — the highest on Wall Street — and kept its buy rating, betting the stock’s 90% year-to-date surge isn’t the peak. AI is the big driver: as AI systems grow more complex and unpredictable, Datadog’s R&D firepower — projected to hit $1B by 2025 — positions it to lead in AI operations. Their DASH 2026 conference unveiled 100+ new features, including Bits AI, an autonomous AI control plane that can fix issues — not just monitor them. But with a valuation far above its earnings and recent insider selling, the real test is whether Datadog can…