Movement Alert｜Datadog Falls 4.48% in Regular Trading, Post-Earnings Growth Outlook and AI Revenue Disclosure Remain Under Pressure

Market Focus11-05

On November 5, Datadog fell 4.48% in Regular Trading, trading at $174.13 per share, with turnover of $39.48 million.

The move came after the company reported third-quarter results above expectations and raised full-year guidance, but investor focus shifted to softer near-term growth expectations and limited disclosure on AI revenue contribution.

Datadog reported third-quarter revenue of $1.197 billion, up 35.2% year over year, and adjusted EPS of $0.81, both ahead of consensus. It raised fiscal-year revenue guidance to $4.515 billion-$4.525 billion and adjusted EPS guidance to $2.73-$2.75. However, fourth-quarter revenue guidance of $1.19 billion-$1.20 billion, alongside the lack of a separate AI revenue breakdown, continued to weigh on sentiment. Multiple firms also cut price targets after the report, including Capital One Securities to $247 from $300 and BTIG to $260 from $289.

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