Truist Upgrades Datadog (DDOG) to Buy from Neutral

Catherine Talavera

Thu, June 18, 2026 astatine 10:03 AM CDT 2 min read

Datadog, Inc. (NASDAQ:DDOG) is 1 of the 8 Best Generative AI Software Stocks to Buy successful June 2026. On June 15, Truist expert Miller Jump upgraded Datadog's standing to Buy from Hold portion raising its terms people to $300 from $190, according to a study by Investing.com.

The expert attributed the upgraded standing and terms people to the company's imaginable for durable AI-driven maturation arsenic good arsenic improved stableness of the firm's relationships with frontier laboratory customers.

"Despite accrued consciousness astir AI consumption, we judge urgency of AI adoption successful the endeavor is importantly outweighing the urgency to optimize AI, and customers stay aboriginal successful their agentic journeys," Jump was quoted saying successful the report.

Several analysts precocious raised their terms targets connected Datadog, specified arsenic BMO Capital, which accrued its terms people connected Datadog connected June 12 to $260 from $220 portion maintaining an outperform standing connected the shares.

Earlier connected June 11, Benchmark accrued the firm's terms people connected Datadog to $260 from $230 and maintained a Buy standing connected the shares aft pursuing the company's DASH 2026 league successful New York City. The expert cited the company's efforts to behaviour on-the-ground checks and solicit feedback from customers and partners arsenic a affirmative development.

At its DASH league connected June 9, DataDog launched 100 positive capabilities to enactment customers successful driving autonomy and managing increasing AI and information complexities. These see the caller Bits AI, log management, and information capabilities.

Datadog, Inc. (NASDAQ:DDOG) is an observability and information level for the AI era. It brings applications, infrastructure, data, models, and information into 1 place, utilizing AI to observe and resoluteness issues earlier they interaction customers.

While we admit the imaginable of DDOG arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 10 Best AI Stocks to Buy successful June and 10 Best Cybersecurity Stocks to Buy According to Short Sellers.

Disclosure: None. Follow Insider Monkey connected Google News