Morgan Stanley identifies Snowflake (SNOW), MongoDB (MDB), and Datadog (DDOG) as three cloud stocks poised for growth in 2026, despite recent pullbacks. The firm argues that accelerating public-cloud demand, driven by AI workloads and digital transformation, strengthens the outlook for these companies, with hyperscaler expansion accelerating for the third consecutive quarter. Morgan Stanley maintains overweight ratings on all three.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Cloud stock pullback: Morgan Stanley sees 3 names poised for growth
Morgan Stanley identifies Snowflake (SNOW), MongoDB (MDB), and Datadog (DDOG) as three cloud stocks poised for growth in 2026, despite recent pullbacks. The firm argues that accelerating public-cloud demand, driven by AI workloads and digital transformation, strengthens the outlook for these companies, with hyperscaler expansion accelerating for the third consecutive quarter. Morgan Stanley maintains overweight ratings on all three.