Shares of social media management software company Sprout (NASDAQ:SPT)
fell 8% in the afternoon session after analyst firm Oppenheimer slashed its price target on the stock, fueling investor concerns despite a positive earnings report. The firm cut its price target to $23 from $32. This negative sentiment from Wall Street appeared to overshadow the company's strong second-quarter performance, where both earnings and revenue topped analyst forecasts. Sprout Social also lifted its full-year revenue guidance. However, another firm, Cantor Fitzgerald, maintained its cautious "Neutral" rating, citing the need to see a reacceleration in revenue growth before becoming more positive. The analyst actions suggested that the market focused more on future growth prospects than on the recent earnings beat.
Cloud monitoring software company Datadog (NASDAQ:DDOG) reported Q2 CY2025 results beating Wall Street’s revenue expectations, with sales up 28.1% year on year to $826.8 million. On top of that, next quarter’s revenue guidance ($849 million at the midpoint) was surprisingly good and 3.7% above what analysts were expecting. Its non-GAAP profit of $0.57 per share was 39.8% above analysts’ consensus estimates.
This week, from August 4th to August 10th, 2025, marks a busy period in the second-quarter earnings season, with hundreds of companies across various sectors scheduled to report their financial results. These earnings calls are crucial events for investors, analysts, and the broader market, as they provide insights into corporate
Datadog CEO Olivier Pomel said that at the end of Q2, the company has approximately 3,850 customers generating at least $100,000 in annual recurring revenue.
U.S. equities slipped midday Thursday as corporate earnings and fresh tariff announcements from President Donald Trump drove divergent moves in heavyweight names.
Datadog (DDOG) beats analyst estimates with 28% revenue increase in Q2, raises fiscal 2025 outlook, but stock drops due to potential revenue loss from OpenAI's shift to internal tools.
Thursday's session is showcasing interesting market movements in the S&P500 index, with notable gap up and gap down stocks. Stay updated with the gapping S&P500 stocks in today's session.
