DDOG: Thoughts from DASH 2026

研报英文原文证据摘录

DDOG: Thoughts from DASH 2026

5A 2026E 2027E

the company on the front foot of industry capabilities and in a good Revenue 3,427.2 4,320.0 5,189.8

position to consolidate observability spend. During the course of the EPS, Ops Diluted 2.06 2.40 2.72

event, management highlighted various product launches along with the P/E NM NM NM

evolution of Bits AI as it becomes autonomous. Customer and partner Revenue Q1 Q2 Q3 Q4

feedback remains positive as we think the rapid pace of app development 2025 761.6A 826.8A 885.7A 953.2A

in the AI era is acting as durable and positive trend for Datadog. Maintain 2026 1,006.4A 1,075.0E 1,094.7E 1,143.8E

our OP rating and $250 PT as DDOG remains a top growth idea. 2027 1,206.7E 1,290.0E 1,314.8E 1,378.3E

EPS, Ops Diluted

2025 0.46A 0.46A 0.55A 0.59A

The shift to autonomous operations headlines recent product 2026 0.60A 0.58E 0.59E 0.64E

announcements. Regarding product announcements, management 2027 0.64E 0.66E 0.68E 0.75E

highlighted 100+ new capabilities (additional details on page 2) including

New Bits AI and log management and security capabilities that give AllPricedvaluesas ofin priorUSD unlesstradingotherwiseday's marketnoted.close, EST (unless otherwise noted).

customers the visibility and autonomous operations to detect, investigate

and resolve issues across the development loop and data lifecycle.

Key takeaways from our conversations with partners and customers.

Overall our conversations with customers and partners remains positive

as we think momentum coming out of Q1 has continued this quarter. Key

takeaways included: 1) resiliency of the platform and the ability to both

detect and resolve issues quickly remains a priority for customers in the AI

era; 2) traceability across workflows with the goal to follow the journey of