Datadog is trading 4.00% up at $257.00 in pre-market on October 19 after Bernstein upgraded the stock from Market Perform to Outperform, with reporting linking the upgrade to stronger AI-demand expectations.
- Bernstein raised its price target from $237 to $350.
- The move follows a steep recent pullback, while broader technology shares rebound pre-market. Datadog’s third-quarter fiscal 2026 results are scheduled for November 4; reporting identifies the upgrade as the direct catalyst.