Fubotv earnings beat by $0.10, revenue topped estimates
Investing.com - Rosenblatt raised its price target on Datadog (NASDAQ:DDOG) to $170 from $150 on Thursday, maintaining a Buy rating following the company’s strong second-quarter results. According to InvestingPro data, analysts maintain a strong buy consensus with price targets ranging from $105 to $200, reflecting the market’s confidence in the company’s growth trajectory.
The cloud monitoring company reported revenue growth of 28% in Q2, approximately 5% above Rosenblatt’s forecast of 22%, while operating margins reached 19.8%. The firm noted this performance exceeded the 3% beat seen in the first quarter. InvestingPro data shows Datadog maintains impressive gross profit margins of 80.15% and a strong financial health score, with current ratio of 2.74 indicating robust liquidity.
Datadog’s growth was primarily driven by increased usage from core enterprise customers undertaking cloud migration programs, consolidation of observability tools onto Datadog’s platform, and new customer additions supported by sales representative hiring from late last year.
The company is seeing significant benefits from its AI-native customers, which contributed 11% of Q2 revenue, up from 8% in Q1 and 4% in the same quarter last year. Datadog reported having hundreds of customers in this segment, including eight of the top 10 providers and 12 AI-native customers spending over $1 million on the platform.
For the third quarter, Datadog provided a revenue outlook of $847-851 million, representing approximately 23% year-over-year growth at the midpoint, while raising its full-year 2025 revenue growth guidance to 23-24%, above Rosenblatt’s previous expectation of 20.5%. Based on InvestingPro’s Fair Value analysis, the stock appears slightly overvalued at its current market capitalization of $45.55 billion, despite its strong growth prospects.
In other recent news, Datadog Inc . reported impressive financial results for the second quarter of 2025. The company achieved earnings per share of $0.46, surpassing analyst expectations of $0.41, which represents a 12.2% positive surprise. Datadog also reported revenue of $827 million, significantly exceeding the anticipated $790.9 million. These results highlight the company’s strong performance in the recent quarter. Additionally, the positive earnings announcement was well-received by investors. The financial community responded favorably to these results, reflecting confidence in the company’s future prospects. These developments are part of the recent updates concerning Datadog Inc.
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