12 AI Stocks Wall Street Is Watching Now: Nvidia, Micron, and More

9. Datadog, Inc. (NASDAQ:DDOG)

Number of Hedge Fund Holders: 75

Datadog’s leadership position is seen to be strengthening as analyst firms point to accelerating growth and AI-driven deal momentum post earnings. This has earned it a place on our list of 12 AI Stocks Wall Street Is Watching Now.

On May 8, DA Davidson analyst Gil Luria reiterated a Buy rating on the stock with a $125.00 price target.

Starting with a strong start to 2025, Datadog has had experienced consistent growth as AI native customers drove consistent usage in the quarter. This growth outlook has been improving with the company continuing to invest heavily in product investments where it sees traction.

That said, the firm sees its view unchanged after results. Quarterly revenue for the company topped $1 billion dollars for the first time, along with new contract wins with two major hyperscaler customers for training in their superintelligence labs.

We continue to highlight DDOG as a top pick. We reiterate our BUY rating and price target of $125.

Datadog, Inc. (NASDAQ:DDOG) offers a cloud-based SaaS platform for monitoring and analytics, specializing in cloud computing and AI-powered cybersecurity products.