12 Trending AI Stocks on Latest News and Ratings

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4. Datadog, Inc. (NASDAQ:DDOG)

Number of Hedge Fund Holders: 71

Datadog, Inc. (NASDAQ:DDOG) provides an AI-driven observability and security platform for cloud applications, offering tools for performance monitoring, log analysis, incident management, and workflow automation.

Macquarie initiated coverage of Datadog (NASDAQ:DDOG) with an Outperform rating and a $200 price target, highlighting the company’s leadership in the observability space. The firm appreciates Datadog’s unified product, expanding platform, and strong, usage-based revenue model. It sees significant potential for market share growth driven by digital transformation, cloud migration, and GenAI spending, with revenue expected to grow at over 20% annually through FY27, along with improved margins.

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