The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.

DataDog Inc. (NASDAQ:DDOG) is one of the 10 Stocks Outperforming Wall Street With Monster Returns.

DataDog snapped a two-day losing streak on Thursday, soaring 31.33 percent to finish at $188.73 apiece, after posting a stellar earnings performance in the first quarter of the year, with profits jumping by more than double and revenues climbing by double digits.

In an updated report, DataDog Inc. (NASDAQ:DDOG) said that its net income last quarter soared by 113 percent to $52.57 million from the $24.64 million in the same period last year.

Stock market charts. Photo by Kaboompics.com on Pexels

Revenues cracked past the $1 billion territory, at $1.006 billion, versus $761 million in the same period last year, marking a growth of 32 percent.

Looking ahead, DataDog Inc. (NASDAQ:DDOG) is targeting to grow its revenues in the second quarter of the year by 29 to 30 percent to a range of $1.07 billion to $1.08 billion, versus the $827 million in the same period a year earlier.

For full-year 2026, revenues are expected to jump by 25 percent to 26.5 percent to a range of $4.3 billion to $4.34 billion, versus the $3.43 billion year-on-year.

Non-GAAP operating income is pegged at $940 million to $980 million, or an implied growth of 22 percent to 27.6 percent from $768 million in 2025.

Next month, DataDog Inc. (NASDAQ:DDOG) is slated to hold a conference called DASH 2026, where it is expected to showcase its latest innovations developed for AI.

While we acknowledge the potential of DDOG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

Disclosure: None. Follow Insider Monkey on Google News.