Why Is Datadog (DDOG) Up 12.9% Since Last Earnings Report?

Core Viewpoint - Datadog's shares have increased by approximately 12.9% over the past month, outperforming the S&P 500, raising questions about the sustainability of this positive trend leading up to the next earnings release [1] Estimates Movement - Estimates for Datadog have trended upward in the past month, with the consensus estimate shifting by -20.31% due to these changes [2] VGM Scores - Datadog has a Growth Score of B but is rated F for Momentum and Value, resulting in an overall aggregate VGM Score of F, indicating it is in the lowest quintile for the value investment strategy [3] Outlook - The upward trend in estimates is promising, and Datadog holds a Zacks Rank of 3 (Hold), suggesting an expectation of in-line returns in the coming months [4] Industry Performance - Datadog is part of the Zacks Internet - Software industry, where Meta Platforms has seen a 15.3% increase in the past month, reporting revenues of $42.31 billion with a year-over-year change of +16.1% [5] - Meta Platforms is projected to report earnings of $5.83 per share for the current quarter, reflecting a year-over-year change of +13%, with a Zacks Rank of 3 (Hold) and a VGM Score of B [6]