Datadog Sales Beat Plan in Q2, BNP Survey Finds Softer Intent

Datadog (DDOG) related sales ran above reseller plans in the second quarter, BNP Paribas said in a survey of software resellers. Most respondents reported that Datadog sales meaningfully exceeded their internal targets over the past three months.

BNP also flagged softer spending intentions for the coming quarters. The survey pointed to a more cautious outlook among resellers, though the firm did not detail the magnitude of the expected slowdown.

Datadog carries an Alpha Score of 72 out of 100, a Moderate rating from AlphaScala. The stock sits in the Technology sector. For more on the company, see the DDOG stock page.