Piper Sandler Names Datadog, Varonis Top Software Picks and Weighs Its Value Stock
Piper Sandler's 2026 client note identifies Datadog and Varonis Systems as top infrastructure software picks, citing stable demand, derisked guidance and AI-driven usage trends. In a separate analysis, the firm weighs its own shares against Brookfield Asset Management on value metrics, assessing Piper Sandler's dividend yield and price-to-book ratio.
1. Infrastructure Software Picks
Piper Sandler's analyst Rob Owens reports that stable security and infrastructure software demand, supported by AI project spending in 70% of channel respondents, underpins the firm’s recommendation of Datadog and Varonis Systems as top 2026 picks. The note highlights Datadog’s derisked guidance and the April launch of Datadog Experiments, and Varonis’ conservative 2026 revenue guide alongside its new Atlas AI security platform as de-risked catalysts.
2. Value Stock Comparison
In a separate analysis, Piper Sandler compares its own shares to Brookfield Asset Management, evaluating dividend yield, price-to-book and valuation multiples. The firm positions Piper Sandler as an attractive value choice given its sector positioning and forecasted earnings stability relative to Brookfield.