Datadog raises annual outlook on cloud security demand
Datadog raised its 2026 forecast as revenue hit 1.01 billion dollars in the first quarter. Shares rose 36 percent on strong demand for AI-driven security tools.
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DATADOG INC - CLASS A raised its 2026 revenue forecast to $4.34 billion Thursday morning after shares jumped 36% on a first-quarter earnings beat. First-quarter revenue rose 32% to $1.01 billion, exceeding LSEG estimates of $961.3 million. High demand for AI-enabled cloud monitoring tools is accelerating growth as companies migrate legacy systems to modern infrastructure.
