Datadog Shares Surge Post Q3 Exceedance, Boosts 2025 Forecast
Datadog’s stock experienced a notable increase following its impressive third-quarter performance. The shares rose approximately 7% in premarket trading on Thursday, highlighting investor optimism.
Third Quarter Results Overview
For the quarter ending September 30, Datadog reported a substantial year-over-year growth. The company achieved a non-GAAP earnings per share (EPS) of $0.55, marking an increase of about 19.5% compared to the same period last year.
Positive Outlook for 2025
In addition to its strong quarterly results, Datadog has also revised its forecast for the full year 2025. This enhancement in expectations further fueled the surge in shares as investors reacted positively to the company’s growth trajectory.
Key Financial Highlights
- Quarter End Date: September 30
- Non-GAAP EPS for Q3: $0.55
- Year-over-Year EPS Growth: 19.5%
- S&P Reaction: Shares rose 7% premarket
These factors combined position Datadog favorably within the market as it continues to expand its business and enhance shareholder value. The raised forecast indicates a strong confidence in sustained growth moving forward.
