← Elastic NV overview

Elastic NV vs Datadog: why the prices moved differently

Weekly · monthly · quarterly news summaries, side by side in time

Elastic NV (ESTC)

Q3 2026
▲3▼1

Elastic's OpenAI tie-up and raised guidance drove strong Q3 gains

  • OpenAI partnership makes Elastic the retrieval and governance layer Elastic became the retrieval and governance layer for OpenAI's reasoning models, a major endorsement that lifted shares 12.1% and positioned the company at the center of enterprise AI adoption.

    This was the single biggest company-specific catalyst behind the quarter's gains.

  • Raised FY2027 guidance and strong RPO growth Management raised full-year revenue guidance to about $2.0 billion and EPS to $3.29–$3.37, with remaining performance obligations up 27%, signaling strong forward demand and boosting investor confidence.

    Guidance hikes and RPO growth are direct, company-specific drivers of stock price.

  • Product launches and security recognition Elastic earned Leader status in IDC's SIEM 2026 and top malware-protection results, launched a serverless vector database and AlertZero AI agents, acquired Deductive AI, and deepened its Tencent Cloud partnership.

    These product and partnership moves reinforced growth prospects and competitive positioning.

  • Macro and AI-bubble fears caused a mid-June dip Elastic is highly sensitive to macro mood, rate fears, and AI-bubble concerns, which dragged shares 2.9% in mid-June; some gains also reflected sector-wide AI optimism rather than company-specific news.

    This is the main counterweight, showing the stock's vulnerability to external sentiment.

September 2026
▲4

Elastic beats Q1, raises outlook, and rolls out AI search and security products

  • Q1 beat and raised FY2027 guidance Elastic beat first-quarter estimates and raised its full-year revenue outlook to about $2.0 billion, with subscription revenue up 18% and more large customers than ever. Stronger expected sales and a swing toward positive operating margin support a higher stock price.

    The earnings beat and raised guidance are the core fundamental driver of the stock.

  • Tencent Cloud expands AI search partnership Elastic deepened its partnership with Tencent Cloud, launching a joint enterprise search product that reaches more customers in China and Asia. More distribution and enterprise adoption mean more future subscription revenue, which pushes the stock up.

    It shows a concrete new channel for growing Elastic's customer base.

  • OpenAI cyber models and $1B subsidy boost Elastic Security Elastic is integrating OpenAI's Daybreak cyber models into its security platform, and OpenAI is putting $1 billion into subsidizing access for defenders. This makes Elastic's security products more capable and cheaper to adopt, supporting demand and the stock.

    It links Elastic to a major AI partner and a large subsidy that can drive security product adoption.

  • New serverless vector database and AlertZero AI agents Elastic launched a serverless vector database for large-scale AI search and AlertZero, a team of AI agents that automates security operations. Both expand what Elastic can sell into the AI boom, supporting revenue growth and the stock.

    These launches show Elastic converting AI demand into new products that can win customers.

Latest
▲4

Elastic beats Q1, raises outlook, and rolls out AI search and security products

  • Q1 beat and raised FY2027 guidance Elastic beat first-quarter estimates and raised its full-year revenue outlook to about $2.0 billion, with subscription revenue up 18% and more large customers than ever. Stronger expected sales and a swing toward positive operating margin support a higher stock price.

    The earnings beat and raised guidance are the core fundamental driver of the stock.

  • Tencent Cloud expands AI search partnership Elastic deepened its partnership with Tencent Cloud, launching a joint enterprise search product that reaches more customers in China and Asia. More distribution and enterprise adoption mean more future subscription revenue, which pushes the stock up.

    It shows a concrete new channel for growing Elastic's customer base.

  • OpenAI cyber models and $1B subsidy boost Elastic Security Elastic is integrating OpenAI's Daybreak cyber models into its security platform, and OpenAI is putting $1 billion into subsidizing access for defenders. This makes Elastic's security products more capable and cheaper to adopt, supporting demand and the stock.

    It links Elastic to a major AI partner and a large subsidy that can drive security product adoption.

  • New serverless vector database and AlertZero AI agents Elastic launched a serverless vector database for large-scale AI search and AlertZero, a team of AI agents that automates security operations. Both expand what Elastic can sell into the AI boom, supporting revenue growth and the stock.

    These launches show Elastic converting AI demand into new products that can win customers.

August 2026
▲4

Elastic's raised guidance and AI-driven demand send shares sharply higher

  • Full-year guidance beats expectations Elastic reported first-quarter fiscal 2027 results and raised its full-year outlook, guiding adjusted EPS to $3.29-$3.37 and revenue to about $2.0 billion, both above analyst estimates. The stock surged as much as 22% as investors welcomed the stronger profit and sales forecast.

    This is the core new event that directly drove the stock's sharp move this period.

  • Strong demand across search, AI, and security Management said demand was strong in search, AI, and security, with remaining performance obligations (future contracted revenue) up 27% and current RPO up 21%. That signals customers are committing to more Elastic products, which supports future revenue growth and justifies the higher stock price.

    It explains the underlying business momentum behind the guidance raise, not just the headline numbers.

  • AI-driven rally lifts enterprise software peers Elastic rose alongside other enterprise software names like ServiceNow, Zscaler, and Salesforce as upbeat earnings showed AI is boosting, not hurting, established vendors. This sector-wide confidence added to Elastic's gains, though it also means part of the move reflects market mood rather than company-specific news.

    It shows the broader AI-driven demand trend that amplified Elastic's stock reaction.

  • Acquisition and board addition signal growth focus Elastic acquired Deductive AI and nominated Julia Liuson to its board. The acquisition expands its AI capabilities, while the board addition brings Microsoft executive experience. These moves support the company's AI and enterprise push, reinforcing the growth story behind the stock's rise.

    It highlights strategic actions that complement the earnings-driven rally and support future growth.

▲4

Elastic's raised guidance and AI-driven demand send shares sharply higher

  • Full-year guidance beats expectations Elastic reported first-quarter fiscal 2027 results and raised its full-year outlook, guiding adjusted EPS to $3.29-$3.37 and revenue to about $2.0 billion, both above analyst estimates. The stock surged as much as 22% as investors welcomed the stronger profit and sales forecast.

    This is the core new event that directly drove the stock's sharp move this period.

  • Strong demand across search, AI, and security Management said demand was strong in search, AI, and security, with remaining performance obligations (future contracted revenue) up 27% and current RPO up 21%. That signals customers are committing to more Elastic products, which supports future revenue growth and justifies the higher stock price.

    It explains the underlying business momentum behind the guidance raise, not just the headline numbers.

  • AI-driven rally lifts enterprise software peers Elastic rose alongside other enterprise software names like ServiceNow, Zscaler, and Salesforce as upbeat earnings showed AI is boosting, not hurting, established vendors. This sector-wide confidence added to Elastic's gains, though it also means part of the move reflects market mood rather than company-specific news.

    It shows the broader AI-driven demand trend that amplified Elastic's stock reaction.

  • Acquisition and board addition signal growth focus Elastic acquired Deductive AI and nominated Julia Liuson to its board. The acquisition expands its AI capabilities, while the board addition brings Microsoft executive experience. These moves support the company's AI and enterprise push, reinforcing the growth story behind the stock's rise.

    It highlights strategic actions that complement the earnings-driven rally and support future growth.

July 2026
▲3

Elastic's AI-security wins and OpenAI tie-up lift growth story

  • OpenAI partnership drives demand Elastic expanded its collaboration with OpenAI, becoming the retrieval and governance layer for OpenAI's reasoning models inside Elasticsearch. Shares jumped 12.1% on the news. This matters because it ties Elastic's core search technology to the biggest name in AI, potentially pulling in more enterprise customers.

    The single biggest price move this period and a clear new demand catalyst.

  • Security product wins validate platform Elastic was named a Leader in IDC's SIEM 2026 assessment and scored the only 100% malware protection result among 16 vendors in AV-Comparatives testing. Strong third-party validation supports the case that Elastic's security suite can win customers and defend pricing.

    Two independent product validations underpin the security growth narrative.

  • Observability push broadens the platform Elastic launched unified observability with native Prometheus support and migration tools from Datadog and Grafana, and was added to Russell value indices. If it wins observability budgets, revenue grows; the index addition raises institutional visibility.

    New product expansion and index inclusion are fresh catalysts for the bull case.

  • Rate and rotation worries cut both ways Hotter import prices and AI-bubble fears pushed investors out of high-multiple software names, dragging Elastic down 2.9% in mid-June. Later, US-Iran de-escalation eased rate-hike fears and lifted it 2.6%. These swings show Elastic remains sensitive to macro mood.

    The main counterweight: outside forces can still move the stock regardless of company progress.

▲3

Elastic's AI-security wins and OpenAI tie-up lift growth story

  • OpenAI partnership drives demand Elastic expanded its collaboration with OpenAI, becoming the retrieval and governance layer for OpenAI's reasoning models inside Elasticsearch. Shares jumped 12.1% on the news. This matters because it ties Elastic's core search technology to the biggest name in AI, potentially pulling in more enterprise customers.

    The single biggest price move this period and a clear new demand catalyst.

  • Security product wins validate platform Elastic was named a Leader in IDC's SIEM 2026 assessment and scored the only 100% malware protection result among 16 vendors in AV-Comparatives testing. Strong third-party validation supports the case that Elastic's security suite can win customers and defend pricing.

    Two independent product validations underpin the security growth narrative.

  • Observability push broadens the platform Elastic launched unified observability with native Prometheus support and migration tools from Datadog and Grafana, and was added to Russell value indices. If it wins observability budgets, revenue grows; the index addition raises institutional visibility.

    New product expansion and index inclusion are fresh catalysts for the bull case.

  • Rate and rotation worries cut both ways Hotter import prices and AI-bubble fears pushed investors out of high-multiple software names, dragging Elastic down 2.9% in mid-June. Later, US-Iran de-escalation eased rate-hike fears and lifted it 2.6%. These swings show Elastic remains sensitive to macro mood.

    The main counterweight: outside forces can still move the stock regardless of company progress.

Datadog Inc (DDOG)

Q3 2026
▲2▼2

Datadog Q3: Strong Q2, but growth-peak fears and governance worries

  • Q2 revenue up 36% with raised guidance Datadog's Q2 revenue rose 36% to $1.12 billion, marking an eighth straight quarter of sequential growth. The company raised full-year guidance, and demand broadened beyond AI, showing the business is still expanding quickly.

    This is the core positive fundamental driver for the period.

  • Customers stack more products; large deals double More customers are using multiple Datadog products: 58% now use four or more, up from 56% last quarter. Large deals doubled, and AI-agent monitoring is starting to bring in money, showing the strategy is working.

    This shows deepening customer adoption and new monetization, a key growth driver.

  • Growth-peak fears, weak Q3 guide, margin miss Bernstein downgraded the stock on fears growth has peaked. Q3 guidance implied just 1.8% sequential growth, and gross margin slightly missed. Spending intentions weakened, signaling a possible slowdown despite the strong quarter.

    These are the main negative forces that pressured the stock during the period.

  • Customer concentration and governance worries Datadog's largest customer cut usage, raising concerns about relying too much on one client. A Nevada reincorporation criticized for weakening shareholder rights and a $33 million insider sale added governance worries.

    These risks weighed on investor sentiment and the stock price.

August 2026
▲2▼2

Datadog Q2 beat, raised outlook, but guidance and governance weigh

  • Q2 beat and raised full-year outlook Datadog beat Q2 estimates with 36% revenue growth to $1.12 billion and raised its full-year outlook to $4.45–$4.47 billion (30% growth). This shows the business is still expanding strongly, which supports the stock.

    This is the main positive fundamental driver for the period.

  • Broadening demand beyond AI Demand broadened: 750+ AI customers, accelerating non-AI growth, international expansion, and new government/marketplace partnerships. This reduces reliance on AI and shows the customer base is widening, a positive for future growth.

    It explains why growth is becoming more durable, a key new positive.

  • Weak Q3 guidance and margin miss Q3 guidance implied only 1.8% sequential growth, and adjusted gross margin slightly missed consensus. This suggests a sharp slowdown ahead, which can pressure the stock.

    It is a major new negative that weighed on sentiment.

  • Customer concentration and governance concerns Its largest customer reduced usage, raising concentration concerns. Also, a planned Nevada reincorporation that could weaken shareholder rights drew criticism from Sands Capital, and a director sold roughly $33 million in stock. These governance and concentration issues can weigh on the stock.

    It highlights new risk factors that emerged this period.

Latest
▲3

Datadog's AI observability demand broadens; valuation and governance are watch items

  • International expansion and 30% growth guidance Datadog's business outside the US now makes up about 27% of revenue, with strong growth in Latin America, and management still expects full-year revenue of $4.45–$4.47 billion, up 30%. More sales from new regions support the stock, though expansion costs and currency swings can pinch near-term profit.

    Shows a concrete new growth engine and reaffirmed guidance that underpin the bull case.

  • AI customers top 750; non-AI growth accelerates Datadog now has over 750 AI-focused customers, and growth from its non-AI customers sped up to the high-20% range from 18% a year earlier. A large media company signed a multiyear deal worth over $30 million. This broadening demand supports higher sales and a richer valuation.

    Demonstrates that AI demand is spreading to the core business, a key new positive.

  • Government and marketplace partnerships widen reach Datadog teamed with Vertosoft to sell to US government agencies after its platform earned FedRAMP High certification, and with Cloudaware to list a log tool on its marketplace. These deals open new customer pools and deepen reliance on Datadog, supporting future revenue.

    New distribution channels that can add customers and revenue over time.

  • Governance concerns and insider selling weigh on sentiment Sands Capital raised concerns about Datadog's plan to reincorporate in Nevada, which could weaken shareholder rights, and a director sold about $33 million of stock. These issues don't change the business but can make some investors more cautious and cap the stock's rise.

    Provides the main counterweight to the positive demand story, keeping the picture fair.

September 2026
▲3

Datadog's AI-era demand broadens as big customers spend more

  • Customers stack more Datadog products More customers are buying several Datadog tools at once: 58% now use at least four products, up from 52% a year ago, and a media company signed a deal worth over $30 million. Selling more to each customer lifts revenue without needing as many new customers.

    Shows the demand engine behind Datadog's growth, a core reason the stock can keep rising.

  • AI-agent monitoring starts making money Datadog says thousands of customers now pay for tools that watch AI agents, a brand-new market it is racing Dynatrace to own. If AI creates more software activity to monitor, that expands Datadog's long-term sales opportunity.

    A new growth market is the biggest long-term driver of whether Datadog's revenue keeps compounding.

  • Big enterprise deals and profits both grow New large-customer bookings more than doubled, customers spending $100,000+ a year rose 23% to about 4,720, and over 750 AI-native firms now use Datadog. Revenue grew 36% to $1.12 billion, with free cash flow up to $279 million from $165 million.

    Confirms Datadog is winning bigger contracts while also becoming more profitable, which supports the share price.

  • One giant customer cut usage, guidance absorbs it Datadog's single largest customer reduced how much it uses, which hurt the quarter and was the main reason the stock fell despite beating forecasts. Management says the cut is fully baked into guidance, so the risk is known but not gone.

    The main counterweight to the growth story and the reason a strong quarter still disappointed investors.

▲3

Datadog's AI-era demand broadens as big customers spend more

  • Customers stack more Datadog products More customers are buying several Datadog tools at once: 58% now use at least four products, up from 52% a year ago, and a media company signed a deal worth over $30 million. Selling more to each customer lifts revenue without needing as many new customers.

    Shows the demand engine behind Datadog's growth, a core reason the stock can keep rising.

  • AI-agent monitoring starts making money Datadog says thousands of customers now pay for tools that watch AI agents, a brand-new market it is racing Dynatrace to own. If AI creates more software activity to monitor, that expands Datadog's long-term sales opportunity.

    A new growth market is the biggest long-term driver of whether Datadog's revenue keeps compounding.

  • Big enterprise deals and profits both grow New large-customer bookings more than doubled, customers spending $100,000+ a year rose 23% to about 4,720, and over 750 AI-native firms now use Datadog. Revenue grew 36% to $1.12 billion, with free cash flow up to $279 million from $165 million.

    Confirms Datadog is winning bigger contracts while also becoming more profitable, which supports the share price.

  • One giant customer cut usage, guidance absorbs it Datadog's single largest customer reduced how much it uses, which hurt the quarter and was the main reason the stock fell despite beating forecasts. Management says the cut is fully baked into guidance, so the risk is known but not gone.

    The main counterweight to the growth story and the reason a strong quarter still disappointed investors.

▼3▲1

Datadog Q2 beat but weak Q3 guide and margin miss sink stock

  • Q3 revenue guidance implies only 1.8% sequential growth Datadog beat Q2 estimates with 36% revenue growth to $1.12 billion, but its Q3 guidance of $1.135–$1.145 billion implies just 1.8% sequential growth. Investors had priced in faster AI-driven expansion, so the slowdown signal pushed the stock down sharply.

    This is the main new negative driver behind the stock's 15% drop this period.

  • Adjusted gross margin slightly below consensus Datadog reported an adjusted gross margin of 80%, just below the 80.7% consensus. While small, the miss added to concerns about cost pressures and profitability, contributing to the sell-off in software stocks.

    This is a new negative factor that weighed on the stock this period.

  • Usage reduction from largest customer Datadog noted a usage reduction from its largest customer, which was incorporated into guidance. This raises concerns about customer concentration and the sustainability of AI-driven spending, adding to the cautious outlook.

    This is a new disclosure that explains part of the guidance slowdown and investor worry.

  • Strong Q2 results and raised full-year outlook Datadog's Q2 revenue rose 36% to $1.12 billion, beating guidance, with operating margin of 23% and free cash flow of $279 million. The company raised its full-year 2026 revenue outlook to $4.45–$4.47 billion, showing the business remains fundamentally strong.

    This is the positive counterweight showing the underlying business is still growing well.

July 2026
▲2▼1

Datadog's AI push and strong sales offset cautious analyst and spending signals

  • Bernstein downgrade on growth peak fears Bernstein downgraded Datadog to market-perform, warning that upcoming earnings face tough comparisons and non-AI growth may have peaked. This cautious view can weigh on the stock as investors worry about slowing momentum.

    A fresh analyst downgrade directly affects sentiment and is a new negative driver.

  • Adaptive ML acquisition and Street-high price target Datadog acquired Adaptive ML to boost AI research for observability, and Benchmark raised its price target to a Street-high $330, citing strong execution. This reinforces the AI growth story and supports a higher stock price.

    The acquisition and bullish analyst action are new positive catalysts for the period.

  • Eight straight quarters of revenue growth Datadog posted its eighth consecutive quarter of sequential revenue growth, with Q1 2026 revenue up 32% year over year. This steady demand shows the business is still expanding, which can lift the stock.

    The streak of growth is a new data point confirming demand strength.

  • Strong Q2 sales but weakening spending intentions A BNP survey found Datadog sales beat plan in Q2, driven by infrastructure monitoring, APM, and AI. However, customers' spending intentions for the next three months fell sharply, signaling possible slowdown ahead.

    This survey gives a fresh, balanced view of current demand versus future risk.

▲2▼1

Datadog's AI push and strong sales offset cautious analyst and spending signals

  • Bernstein downgrade on growth peak fears Bernstein downgraded Datadog to market-perform, warning that upcoming earnings face tough comparisons and non-AI growth may have peaked. This cautious view can weigh on the stock as investors worry about slowing momentum.

    A fresh analyst downgrade directly affects sentiment and is a new negative driver.

  • Adaptive ML acquisition and Street-high price target Datadog acquired Adaptive ML to boost AI research for observability, and Benchmark raised its price target to a Street-high $330, citing strong execution. This reinforces the AI growth story and supports a higher stock price.

    The acquisition and bullish analyst action are new positive catalysts for the period.

  • Eight straight quarters of revenue growth Datadog posted its eighth consecutive quarter of sequential revenue growth, with Q1 2026 revenue up 32% year over year. This steady demand shows the business is still expanding, which can lift the stock.

    The streak of growth is a new data point confirming demand strength.

  • Strong Q2 sales but weakening spending intentions A BNP survey found Datadog sales beat plan in Q2, driven by infrastructure monitoring, APM, and AI. However, customers' spending intentions for the next three months fell sharply, signaling possible slowdown ahead.

    This survey gives a fresh, balanced view of current demand versus future risk.

Q2 2026
▲3

Datadog's strong demand and AI acquisition offset rising competition

  • Record Q1 revenue and customer growth Datadog reported Q1 revenue of $1.01 billion, up 32.2% year over year and beating estimates by 4.9%. It added 240 large enterprise customers, bringing the total to 4,550. This shows strong demand for its monitoring tools, which supports a higher stock price.

    This is a new earnings report that directly shows Datadog's financial strength and growth.

  • Backlog surges 51% to $3.48 billion Remaining performance obligations, a measure of future contracted revenue, jumped 51% to $3.48 billion. This was driven by more multi-year deals and record new customer signings. A growing backlog gives confidence in future revenue and can push the stock up.

    This forward-looking metric signals accelerating demand and is new information from the latest quarter.

  • Multi-product adoption and raised guidance More customers are using multiple Datadog products: 56% use four or more, up from 51% a year ago. Annual recurring revenue passed $4 billion, and the company raised its 2026 revenue guidance to $4.30–$4.34 billion, implying 25–27% growth. This shows the strategy is working and supports a higher valuation.

    This new update on product adoption and guidance directly affects growth expectations and stock price.

  • AI acquisition and rising competition Datadog acquired AI startup Adaptive ML, which could enhance its AI monitoring capabilities and lifted the stock over 2%. However, Elastic launched new observability features with automated migration tools from Datadog, directly targeting its customers. This competitive threat could pressure future growth and the stock price.

    These are new events that show both a positive strategic move and a negative competitive development.

June 2026
▲3

Datadog's strong demand and AI acquisition offset rising competition

  • Record Q1 revenue and customer growth Datadog reported Q1 revenue of $1.01 billion, up 32.2% year over year and beating estimates by 4.9%. It added 240 large enterprise customers, bringing the total to 4,550. This shows strong demand for its monitoring tools, which supports a higher stock price.

    This is a new earnings report that directly shows Datadog's financial strength and growth.

  • Backlog surges 51% to $3.48 billion Remaining performance obligations, a measure of future contracted revenue, jumped 51% to $3.48 billion. This was driven by more multi-year deals and record new customer signings. A growing backlog gives confidence in future revenue and can push the stock up.

    This forward-looking metric signals accelerating demand and is new information from the latest quarter.

  • Multi-product adoption and raised guidance More customers are using multiple Datadog products: 56% use four or more, up from 51% a year ago. Annual recurring revenue passed $4 billion, and the company raised its 2026 revenue guidance to $4.30–$4.34 billion, implying 25–27% growth. This shows the strategy is working and supports a higher valuation.

    This new update on product adoption and guidance directly affects growth expectations and stock price.

  • AI acquisition and rising competition Datadog acquired AI startup Adaptive ML, which could enhance its AI monitoring capabilities and lifted the stock over 2%. However, Elastic launched new observability features with automated migration tools from Datadog, directly targeting its customers. This competitive threat could pressure future growth and the stock price.

    These are new events that show both a positive strategic move and a negative competitive development.

▲3

Datadog's strong demand and AI acquisition offset rising competition

  • Record Q1 revenue and customer growth Datadog reported Q1 revenue of $1.01 billion, up 32.2% year over year and beating estimates by 4.9%. It added 240 large enterprise customers, bringing the total to 4,550. This shows strong demand for its monitoring tools, which supports a higher stock price.

    This is a new earnings report that directly shows Datadog's financial strength and growth.

  • Backlog surges 51% to $3.48 billion Remaining performance obligations, a measure of future contracted revenue, jumped 51% to $3.48 billion. This was driven by more multi-year deals and record new customer signings. A growing backlog gives confidence in future revenue and can push the stock up.

    This forward-looking metric signals accelerating demand and is new information from the latest quarter.

  • Multi-product adoption and raised guidance More customers are using multiple Datadog products: 56% use four or more, up from 51% a year ago. Annual recurring revenue passed $4 billion, and the company raised its 2026 revenue guidance to $4.30–$4.34 billion, implying 25–27% growth. This shows the strategy is working and supports a higher valuation.

    This new update on product adoption and guidance directly affects growth expectations and stock price.

  • AI acquisition and rising competition Datadog acquired AI startup Adaptive ML, which could enhance its AI monitoring capabilities and lifted the stock over 2%. However, Elastic launched new observability features with automated migration tools from Datadog, directly targeting its customers. This competitive threat could pressure future growth and the stock price.

    These are new events that show both a positive strategic move and a negative competitive development.