Datadog stock slips 9% before key Q3 growth test

Datadog stock traded at 209.00 euros on Lang & Schwarz at 16:45 CET on Friday, October 30, 2026. That was 9.03 percent below the 229.75-euro quote in the latest prior report on the same day at 11:18 CET, a separate comparison from any Xetra close.

On October 29, Investing.com reported that TD Cowen had named Datadog one of its top picks ahead of the third-quarter release. The bank expects revenue growth of approximately 35 percent, above Datadog's roughly 29 percent guidance.

AI Demand Raises Expectations

TD Cowen expects growth in Datadog's core business to accelerate from the high-20 percent range to more than 30 percent. The assessment reflects artificial intelligence usage trends and customer spending intentions.

The broker's customer research produced its most positive feedback in three years of coverage, according to the report. One customer said LLM Observability already represents 15 percent of its spending and expects total spending to grow between 25 percent and 30 percent in 2027.

Datadog's second-quarter revenue rose 36 percent year over year, while the company had guided to growth of 30 percent. Management's third-quarter outlook already incorporates lower usage by its largest customer, leaving the November release as a test of whether broader demand and AI workloads can offset that pressure.

November Results Set The Next Test

Datadog announced that it will release third-quarter fiscal 2026 results before the U.S. financial markets open on Wednesday, November 4, 2026, followed by a conference call at 8:00 a.m. Eastern Time. Investors will focus on revenue against the USD 1.135 billion to USD 1.145 billion outlook and on the company's next guidance.

Investors can follow the real-time quote of Datadog stock as the results date approaches.

The S&P 500 remains the relevant U.S. market benchmark for Datadog investors.

More news and analyses on Datadog stock will track the earnings release and the company's next outlook.