Datadog, Inc. delivered a strong Q1, with revenue up 33% and EPS beating consensus, driving a 30% share surge. Despite robust fundamentals and raised FY 2026 guidance, I initiate coverage with a hold rating due to premium valuation and technical resistance near $200. DDOG's high-value customer base grew 21% YoY, free cash flow reached $289 million, and liquidity remains solid at $4.8 billion.
Datadog's blockbuster results and guidance sent shares up by 30%, its biggest one-day pop since going public in 2023. The results fueled shares of other cloud infrastructure names like Snowflake and MongoDB.
Datadog Inc (NASDAQ:DDOG) reported first quarter results that topped Wall Street expectations and raised its full-year guidance, prompting Wedbush to lift its price target on the cloud monitoring and analytics company to $220 from $190 while maintaining its 'Outperform' rating. Shares of Datadog surged almost 30% to about $186 on Thursday afternoon.
Datadog, Inc. (DDOG) Q1 2026 Earnings Call Transcript
Datadog NASDAQ: DDOG is a great example of why investing based on emotion, contrary to fundamentals, is such a bad idea. Fear of a Software-as-a-Service (SaaS) AI disruption helped to drive Datadog stock to long-term lows, despite its bullish fundamentals.
Wedbush Securities' senior analyst Dan Ives believes Datadog (DDOG) has significant room to the upside as the stock rallies on stellar Q1 earnings. On Thursday, the cloud-based observability platform reported a blockbuster $1.1 billion revenue, a 32% year-on-year increase that comfortably cleared the $960 million analysts had pencilled in.
Investors interested in stocks from the Internet - Software sector have probably already heard of BILL Holdings (BILL) and Datadog (DDOG). But which of these two stocks presents investors with the better value opportunity right now?
AI is adding complexity to corporate systems, boosting demand for software that helps monitor security and outages.
Three NASDAQ names are rocketing higher on Thursday, May 7, in moves that stand out even in a strong tape.
Datadog (DDOG) came out with quarterly earnings of $0.6 per share, beating the Zacks Consensus Estimate of $0.5 per share. This compares to earnings of $0.46 per share a year ago.
The software company reports better-than-expected earnings and revenue for the first quarter.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.