From 24/7 Wall St. · David Moadel · · 50s
Datadog Jumps 5% After Bernstein AI Upgrade
Datadog stock rises 5% as Bernstein upgrades AI demand outlook.
In brief
Datadog stock rises 5% as Bernstein upgrades AI demand outlook. Datadog stock up 5% after Bernstein upgraded rating citing rapid AI token consumption growth. Originally reported by 24/7 Wall St..
Bernstein Upgrades Datadog
Bernstein upgraded Datadog stock to Outperform from Market Perform citing rapid AI token consumption growth.
“Bernstein upgraded Datadog stock to Outperform from Market Perform”
Datadog Stock Rises 5%
Datadog stock up 5% to $259.15 in morning trading.
“Datadog stock up 5% to $259.15 in morning trading”
Second-Quarter Results
Datadog reported $1.12 billion revenue up 35.6% and non-GAAP EPS of $0.65.
“Datadog reported $1.12 billion revenue up 35.6% and non-GAAP EPS of $0.65”
AI Customer Growth
Customers paying $100,000+ annual recurring revenue up 23% to 4,720.
“Customers paying $100,000 or more in annual recurring revenue up 23% to approximately 4,720”
Product Focus on AI
Datadog launched Bits AI, AI Guard, and Bits Agent Builder for AI customers.
“Datadog has been shipping products aimed directly at AI customers, including Bits AI for autonomous incident detection and resolution, AI Guard for protecting AI agents, and Bits Agent Builder for creating custom agents”
Snowflake and Cloudflare
Snowflake up 3%, Cloudflare up 0.4% to $297.58.
“Snowflake stock is up 3%, a solid gain that still trails the jump in Datadog stock. Cloudflare stock is up 0.4% to $297.58, lagging both Datadog stock and Snowflake stock”
November Earnings Report
Datadog reports third-quarter 2026 results in early November.
“Datadog is scheduled to report third-quarter 2026 results in early November”
The essence
Datadog stock up 5% after Bernstein upgraded rating citing rapid AI token consumption growth.
