On November 6, Datadog rose 3.44% in Regular Trading, trading at $178.1375 per share, with turnover of $45.5705 million.

The latest catalyst was another post-earnings target price revision: Rothschild & Co Redburn lowered its target price to $275 from $300. Despite that cut, the stock moved higher as shares attempted a rebound after the sharp selloff that followed the company’s quarterly report.

Earlier disclosures showed Datadog reported third-quarter revenue of $1.197 billion, up 35.2% year over year, and adjusted EPS of $0.81, both above expectations, while lifting full-year revenue guidance to $4.515 billion-$4.525 billion. However, fourth-quarter revenue guidance of $1.19 billion-$1.20 billion and limited visibility into AI-related revenue kept sentiment under pressure, prompting several firms including Citi, RBC, BTIG, Capital One Securities, and Rothschild & Co Redburn to cut target prices.

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