DataDog (DDOG) Climbs 31% as Profits More-Than-Double

DataDog Inc. (NASDAQ:DDOG) is one of the 10 Stocks Outperforming Wall Street With Monster Returns.

DataDog snapped a two-day losing streak on Thursday, soaring 31.33 percent to finish at $188.73 apiece, after posting a stellar earnings performance in the first quarter of the year, with profits jumping by more than double and revenues climbing by double digits.

In an updated report, DataDog Inc. (NASDAQ:DDOG) said that its net income last quarter soared by 113 percent to $52.57 million from the $24.64 million in the same period last year.

Stock market charts. Photo by Kaboompics.com on Pexels

Revenues cracked past the $1 billion territory, at $1.006 billion, versus $761 million in the same period last year, marking a growth of 32 percent.

Looking ahead, DataDog Inc. (NASDAQ:DDOG) is targeting to grow its revenues in the second quarter of the year by 29 to 30 percent to a range of $1.07 billion to $1.08 billion, versus the $827 million in the same period a year earlier.

For full-year 2026, revenues are expected to jump by 25 percent to 26.5 percent to a range of $4.3 billion to $4.34 billion, versus the $3.43 billion year-on-year.

Non-GAAP operating income is pegged at $940 million to $980 million, or an implied growth of 22 percent to 27.6 percent from $768 million in 2025.

Next month, DataDog Inc. (NASDAQ:DDOG) is slated to hold a conference called DASH 2026, where it is expected to showcase its latest innovations developed for AI.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

Disclosure: None. Follow Insider Monkey on Google News.