Datadog (DDOG) sells software that helps companies monitor the performance and security of cloud applications. Its tools track servers, applications, software logs, and other systems behind cloud and artificial intelligence products. Datadog reported second-quarter revenue of $1.12 billion, up 36% ...
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Datadog raised its annual outlook, but the market demanded faster acceleration after the stock's powerful pre-earnings advance.
Software stocks, including Salesforce and Snowflake, sold off amid disappointing Q2 earnings reports and guidance from Datadog and HubSpot.
Datadog stock plunged on Thursday after the enterprise software maker reported second-quarter earnings and revenue that topped Wall Street estimates while September quarter and full year guidance underwhelmed amid a big run-up in 2026. New York-based Datadog reported earnings before the market open. On the stock market today, Datadog stock dived 17% to 235 in early trading, signaling a gap below a buy point and other key levels.
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Investing.com -- Brokerage Bernstein downgraded cloud monitoring software company Datadog to "Market-Perform" from "Outperform" on Monday, saying the stock's recent rally has outpaced its improving fundamentals even as the company stands to benefit from growing artificial intelligence adoption.
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Dynatrace stock fell amid fiscal Q4 earnings and revenue that topped estimates while a key metric met expectations.