Analysts Back Datadog at $250, Elastic at $85 as UiPath Stays on Hold
Updated
Updated · The Globe and Mail · May 29
Analysts Back Datadog at $250, Elastic at $85 as UiPath Stays on Hold
2 articles · Updated · The Globe and Mail · May 29
RBC kept Datadog at Buy with a $250 target, above its $225.24 close, while Oppenheimer maintained UiPath at Hold after the stock ended at $11.58, near its 52-week low.
Piper Sandler also reiterated Buy on Elastic and set an $85 target versus a $57.61 close; a separate TipRanks report upgraded the stock to Buy with a $60 target.
Consensus views still diverge across the three software names: Datadog is rated Strong Buy despite a $222.42 average target below its latest close, Elastic carries Moderate Buy with 28.4% implied upside, and UiPath remains Hold with a $13.29 average target.
The calls extend earlier May coverage, with William Blair reaffirming Datadog on May 15 and RBC keeping UiPath at Hold the same day, underscoring selective optimism across technology stocks.
Why are analysts cautious on UiPath despite its strong revenue and AI momentum?
Why do analysts favor Datadog despite its high valuation and complex pricing model?
Can Elastic's superior new tech disrupt Datadog’s market dominance as open standards grow?