Datadog Beat Estimates and Raised Guidance — the Stock Fell 17% Anyway

The Main Points

• Datadog beat on both second-quarter revenue and earnings, and raised its full-year guidance.
• Despite the beat-and-raise, shares fell roughly 17% to the mid-$230s.
• The drop came after the stock had nearly doubled in value earlier in 2026, leaving little room for anything short of an exceptional result to satisfy already-elevated expectations.