5 High Growth Cybersecurity Stocks to Buy Now

Page 5 of 5

1. Datadog, Inc. (NASDAQ:DDOG)

On July 1, 2026, Datadog, Inc. (NASDAQ: DDOG) announced the acquisition of Adaptive ML. Adaptive ML will join Datadog AI Research, accelerating Datadog’s investment and research efforts around world models and agentic LLM post-training for observability.

On July 2, Benchmark analyst Yi Fu Lee raised the firm’s price target on Datadog to a “Street-high” $330 from $260 and kept a Buy rating on the shares. Yi Fu Lee cited continued execution on the technology product-led motion front, supported by customer and partner ecosystem checks that were “excellent.” Benchmark concluded that Datadog is competitively well-positioned against peer leaders in the observability platform space.

Last month, Citi raised the firm’s price target on Datadog to $270 from $218 and kept a Buy rating on the shares. Citi said the company’s portfolio updates widen its “competitive distance/moat,” and cited positive channel checks for the target boost. Citi also said the bull case on Datadog is proving to be the base case.

Datadog, Inc. (NASDAQ:DDOG) operates an observability and security platform for cloud applications in the United States and internationally.

While we acknowledge the potential of DDOG to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than DDOG and that has 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 10 Fastest Growing Asian Stocks to Buy Now and 12 High Quality Stocks to Buy for the Long Term

Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

Page 5 of 5
1281292 - 11759070 - 1