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Datadog jumps 5% on Bernstein upgrade citing strong AI demand and growth potential.

Analyst Insights
19 Oct 2026
24/7 Wall Street
View Source
Bullish
Datadog jumps 5% on Bernstein upgrade citing strong AI demand and growth potential.

Datadog's stock rose 5% following Bernstein's upgrade to Outperform, driven by rapid growth in AI token consumption at major AI labs. The company reported strong Q2 2026 results with revenue up 35.6% year-over-year and raised its full-year revenue guidance, attributing momentum to AI-driven demand. Datadog is expanding its AI-focused product offerings and improving profitability. Investors await the November Q3 report to confirm sustained AI customer spending and broader demand.

Datadog shares gained 5.71% to USD 261.23 on Pluang as of Oct 19, 2026 22:01 WIB, reflecting strong investor interest. Snowflake also rose 3.37% to USD 317.17, while Cloudflare edged up 0.75% to USD 298.33. These tech stocks show varied momentum with Datadog leading in daily gains on the platform.

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