Core Insights - Rokt has appointed David Obstler, CFO of Datadog, to its board of directors and Matt Briers, former CFO of Wise, as a board advisor and observer, as the company prepares for a potential IPO [1][2][3] Group 1: Executive Appointments - David Obstler will chair the audit committee and has extensive experience in operational finance, particularly in technology companies [3][4] - Matt Briers brings experience from his tenure at Wise, where he oversaw significant global expansion and a successful direct listing [4] Group 2: Company Growth and Financial Performance - Rokt's revenue grew by over 40% year-over-year in 2024, reaching $600 million [5] - The company is projected to power more than 7.5 billion transactions in 2025 across various leading ecommerce businesses [5] Group 3: Strategic Partnerships and Acquisitions - Recent partnerships include collaborations with Ulta Beauty, Albertsons, and Macy's, alongside acquisitions of Canal, mParticle, and Aftersell [6][7]

Core Viewpoint - UBS raised the target price for Datadog from $189 to $225 while maintaining a "Buy" rating [1] Group 1 - The increase in target price reflects positive sentiment towards Datadog's growth potential and market position [1]

Core Insights - Datadog Inc. (NASDAQ:DDOG) experienced a significant share price increase of 17.46% week-on-week, driven by improved revenue growth expectations for full-year 2025 [1] - The company raised its full-year revenue guidance to a range of $3.386 billion to $3.39 billion, up from the previous estimate of $3.312 billion to $3.322 billion [1] - Earnings per share (EPS) expectations were also increased to a range of $2 to $2.02, compared to the earlier forecast of $1.80 to $1.83 [2] Revenue Performance - For the fourth quarter, Datadog projects revenues between $912 million and $916 million, with EPS estimated at $0.54 to $0.56, based on approximately 367 million weighted average diluted shares outstanding [3] - The company reported a strong revenue performance in the third quarter, achieving a 28% year-on-year increase in revenues to $885.6 million, up from $690 million [4] Net Income - Despite the revenue growth, Datadog's net income decreased by 34% to $33.88 million, down from $51.70 million in the same period last year [4]

Core Insights - Ten large-cap stocks showed significant performance gains last week, driven by better-than-expected financial results and raised guidance for fiscal year 2025 [1] Company Performance Summary - **Globus Medical, Inc. (NYSE:GMED)**: Gained 39.79% after reporting better-than-expected Q3 results and raising FY2025 guidance [1] - **Sandisk Corporation (NASDAQ:SNDK)**: Gained 13.77% following better-than-expected Q1 results and issuing Q2 guidance above estimates [1] - **Lumentum Holdings Inc. (NASDAQ:LITE)**: Gained 15.30% after reporting better-than-expected Q1 results and issuing Q2 guidance above estimates [1] - **Datadog, Inc. (NASDAQ:DDOG)**: Gained 16.91% after better-than-expected Q3 results and raising FY2025 guidance above estimates [1] - **Expedia Group, Inc. (NASDAQ:EXPE)**: Gained 18.14% after beating Q3 earnings estimates and raising FY2025 guidance [1] - **Coherent Corp. (NYSE:COHR)**: Gained 15.82% after better-than-expected Q1 results and issuing Q2 sales guidance above estimates [1] - **Penumbra, Inc. (NYSE:PEN)**: Gained 19.58% after better-than-expected Q3 results and raising FY25 sales guidance above estimates [1] - **Teva Pharmaceutical Industries Limited (NYSE:TEVA)**: Gained 15.13% after beating Q3 earnings and revenue estimates and raising full-year EPS guidance [1] - **Madrigal Pharmaceuticals, Inc. (MDGL)**: Gained 19.90% after reporting better-than-expected Q3 sales results [1] - **DuPont de Nemours, Inc. (NYSE:DD)**: Gained 15.80% after beating Q3 earnings and revenue estimates [1]

Core Insights - Datadog Inc. (NASDAQ: DDOG) has raised its revenue growth guidance for full-year 2025, leading to a significant increase in stock price, reaching a four-year high [1][2] - The stock experienced a notable intra-day jump to $194.87, ultimately closing at $190.82, reflecting a 23.13% increase [1] - The updated revenue forecast for Datadog is now between $3.386 billion and $3.39 billion, an increase from the previous estimate of $3.312 billion to $3.322 billion [2] Financial Performance - Datadog's earnings per share (EPS) target has been raised to a range of $2 to $2.02, up from the earlier expectation of $1.80 to $1.83 [3] - For the fourth quarter, Datadog projects revenues between $912 million and $916 million, with EPS estimated at $0.54 to $0.56, based on approximately 367 million weighted average diluted shares outstanding [3] - In the last quarter, Datadog reported a 34% decline in net income to $33.88 million, down from $51.70 million year-on-year, while revenues increased by 28% to $885 million from $690 million [4]

Core Insights - Datadog reported $885.65 million in revenue for Q3 2025, marking a year-over-year increase of 28.4% [1] - The EPS for the same period was $0.55, up from $0.46 a year ago, with a surprise of +22.22% compared to the consensus estimate of $0.45 [1] - The revenue exceeded the Zacks Consensus Estimate of $849.77 million by +4.22% [1] Performance Metrics - Datadog has 4,060 customers with over $100k in ARR, surpassing the four-analyst average estimate of 3,942 [4] - The total number of customers stands at 32,000, slightly below the three-analyst average estimate of 32,113 [4] - Remaining Performance Obligations are reported at $2.79 billion, exceeding the three-analyst average estimate of $2.55 billion [4] Stock Performance - Datadog shares have returned +16.3% over the past month, contrasting with the Zacks S&P 500 composite's -0.2% change [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]

Core Insights - Datadog reported Q3 2025 non-GAAP EPS of 55 cents, a 19.6% increase year-over-year, exceeding Zacks Consensus Estimate by 22.22% [1] - The company's net revenues reached $885.7 million, reflecting a 28.4% year-over-year growth and surpassing the consensus estimate by 4.22% [1] Customer Metrics - Datadog ended Q3 with 32,000 customers, up from approximately 29,200 in the same period last year [2] - The number of customers with an annualized run rate (ARR) of $100,000 or more increased to 4,060, compared to about 3,490 in the prior year, contributing to 89% of total ARR [2] Product Usage - 84% of customers utilized two or more products, an increase from 83% year-over-year [3] - 54% of customers used four or more products, up from 49% in the previous year [3] - The trailing 12-month net revenue retention rate was approximately 120%, an increase from the mid-110% range in the prior year [3] Financial Performance - Non-GAAP gross profit for Q3 increased by 28.4% year-over-year to $718.9 million, with an adjusted gross margin of 81.2% [4] - Research & development expenses rose by 38.2% year-over-year to $269.5 million, accounting for 30.4% of revenues, an increase of 220 basis points [4] - Sales and marketing expenses increased by 25.5% year-over-year to $195.5 million, with a slight contraction in percentage of revenues to 22.1% [5] - General & administrative expenses grew by 28.7% year-over-year to $46.5 million, remaining flat as a percentage of revenues [5] - Non-GAAP operating income was reported at $207.4 million, a 19.8% increase year-over-year, although the non-GAAP operating margin declined by 170 basis points to 23.4% [6] Balance Sheet and Cash Flow - As of September 30, 2025, Datadog had cash, cash equivalents, and marketable securities totaling $4.1 billion, up from $3.9 billion as of June 30, 2025 [7] - Operating cash flow for the quarter was $251 million, an increase from $200 million in the previous quarter [7] - Free cash flow was reported at $214 million, compared to $165 million in the prior quarter [7] Guidance - For Q4 2025, Datadog anticipates revenues between $912 million and $916 million, with non-GAAP EPS expected in the range of 54-56 cents [10] - For the full year 2025, revenues are projected between $3.386 billion and $3.390 billion, with non-GAAP EPS expected to be between $2.00 and $2.02 [10]

Upgrades - Piper Sandler upgraded Expedia (EXPE) to Neutral from Underweight with a price target of $250, increased from $190, following "very strong" Q3 results and positive Q4 guidance [2] - Macquarie upgraded Unity (U) to Outperform from Neutral with a price target of $50, up from $33, after a Q3 earnings beat as Vector continues to improve [2] - Oppenheimer upgraded JFrog (FROG) to Outperform from Perform with a price target of $75, citing strong quarterly performance and accelerating Cloud growth [3] - Benchmark upgraded Trade Desk (TTD) to Buy from Hold with a price target of $65, noting revenue growth of about 22% year-over-year excluding political acceleration [3] - KeyBanc upgraded Datadog (DDOG) to Overweight from Sector Weight with a price target of $230 post Q3 report, highlighting revenue acceleration excluding OpenAI and sustained visibility into OpenAI spending [4] Downgrades - Williams Trading downgraded Canada Goose (GOOS) to Sell from Hold with a price target of C$12, down from C$20, indicating that the company will not be sold or go private [5] - Needham downgraded CarMax (KMX) to Hold from Buy, citing a choppy macro recovery and increased competition leading to negative unit growth [5] - RBC Capital also downgraded CarMax to Sector Perform from Outperform with a price target of $34, down from $59 [5] - Needham downgraded Penn Entertainment (PENN) to Hold from Buy, removing the previous $22 price target after the early termination of the partnership with Disney's ESPN [5] - Goldman Sachs downgraded Sweetgreen (SG) to Sell from Neutral with a price target of $5, down from $10, due to pressures on both revenue and profitability [5] - UBS downgraded Cogent (CCOI) to Neutral from Buy with a price target of $27, down from $50, following softer results and a dividend cut [5]

Core Insights - The article highlights Uttam's focus on growth-oriented investment analysis, particularly in the technology sector, including semiconductors, artificial intelligence, and cloud software [1] - Uttam's research extends to other sectors such as MedTech, Defense Tech, and Renewable Energy, indicating a broad investment scope [1] - The Pragmatic Optimist Newsletter, co-authored by Uttam and Amrita Roy, is recognized by major publications like the Wall Street Journal and Forbes, showcasing its influence in the investment community [1] - Uttam's prior experience in Silicon Valley with leading technology firms like Apple and Google adds credibility to his research and insights [1]

Core Insights - The article highlights Uttam's focus on growth-oriented investment analysis, particularly in the technology sector, including semiconductors, artificial intelligence, and cloud software [1] - Uttam's research extends to other sectors such as MedTech, Defense Tech, and Renewable Energy, indicating a broad investment scope [1] - The Pragmatic Optimist Newsletter, co-authored by Uttam and Amrita Roy, is recognized by major publications like the Wall Street Journal and Forbes, showcasing its influence in the investment community [1] - Uttam's prior experience in Silicon Valley with leading technology firms like Apple and Google adds credibility to his research [1]