Datadog, Inc.

NASDAQ Global Select
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Bullish +65

3 Stocks up 30% Today: HiMax, Fluence, DataDog All Soar

📈 Himax Technologies (HIMX) shares jumped 45% intraday after Q1 2026 revenue of $199.01 million beat the $195.01 million consensus.

💰 Himax declared an annual dividend of $0.252 per ADS and raised guidance for Q2 revenue to rise 10-13% sequentially.

🔋 Fluence Energy (FLNC) stock rose 33% despite a top-line miss, driven by a record backlog of $5.6 billion and doubled year-to-date order intake.

🤝 Fluence signed master supply agreements with two hyperscalers, with the first expected order arriving in Q3 FY26.

☁️ Datadog (DDOG) shares climbed roughly 30% following Q1 2026 revenue of $1.01 billion, representing a 32% year-over-year increase.

🚀 Datadog raised its FY26 revenue guidance to $4.3 billion-$4.34 billion and increased non-GAAP EPS estimates to $2.36-$2.44.

🛠️ Datadog launched new products including MCP Server, Bits AI Security Analyst, and GPU Monitoring during the quarter.

💵 Himax achieved an operating margin expansion to 5% from 3% a year earlier due to high-end TV restocking.

📉 Fluence Energy's stock remains down 11% year-to-date despite today's rally, with revenue still trailing analyst expectations.

⚠️ Himax faces cyclical risks in its end markets as overall revenue was still down 8% year over year.

💸 Datadog trades at a premium cloud-software multiple, which could compress forward returns if earnings disappoint.

📊 The S&P 500 ETF (SPY) has climbed 11% over the past month, providing a constructive macro backdrop for these rallies.

Bullish Signals
  • Himax Technologies beat Q1 revenue and EPS estimates while expanding operating margins to 5%.
  • Fluence Energy achieved a record backlog of $5.6 billion and doubled year-to-date order intake to roughly $2 billion.
  • Datadog delivered its fourth consecutive quarterly earnings beat with revenue up 32% year over year.
  • Datadog raised its full-year 2026 revenue guidance and increased non-GAAP EPS forecasts significantly.
  • Himax declared an annual dividend of $0.252 per ADS, signaling confidence in cash flow generation.
  • Fluence Energy improved adjusted EBITDA to -$9.44 million from a loss of -$30.41 million a year earlier.
  • Datadog grew its count of customers with over $100K annual recurring revenue by 21% to roughly 4,550.
  • All three companies are benefiting from strong demand for AI infrastructure components and cloud services.
Risk Factors
  • Himax Technologies remains a small-cap stock with cyclical end markets, and its total revenue was down 8% year over year.
  • Fluence Energy's Q2 FY26 revenue of $464.89 million missed the consensus estimate of $622.31 million.
  • Datadog trades at a premium valuation multiple that could amplify stock price volatility on any future earnings disappointment.
  • Single-day rallies of 30% or more often lead to elevated volatility as fast money rotates and longer-term holders reset positions.
Full Analysis
Three NASDAQ stocks—Himax Technologies (HIMX), Fluence Energy (FLNC), and Datadog (DDOG)—surged significantly on Thursday, May 7, driven by recent earnings reports and forward guidance. Himax posted Q1 2026 revenue of $199.01 million, beating estimates, with gross margins at 30% and a declared dividend. The company raised full-year guidance, citing automotive ramps and smart glasses growth. Fluence Energy reported mixed results with Q2 FY26 revenue missing consensus but EPS beating estimates. However, the stock rallied on strong order book metrics, including a record $5.6 billion backlog and doubled year-to-date order intake to roughly $2 billion, alongside master supply agreements with hyperscalers. Datadog delivered its fourth consecutive quarterly beat with Q1 2026 revenue of $1.01 billion, up 32% year over year. The company raised its FY26 revenue guidance and highlighted a growing base of high-value customers. New product launches in AI security and GPU monitoring were also announced, while free cash flow reached $289 million. The rally across these diverse sectors is attributed to underlying demand for AI infrastructure components, including co-packaged optics, utility-scale storage, and cloud observability. Analysts note that while the earnings fundamentals are strong, single-day price spikes of this magnitude often lead to elevated volatility as investors reset positions.