[Bernstein Research Report Analyzes Datadog Revenue, Growth Rate Expected to Slow to 33% in Second Half] According to Trend Research, Bernstein's August 6 research report indicated that Datadog's second-quarter revenue reached $1.121 billion, a year-over-year increase of 35.6%, exceeding guidance by $46 million. Bernstein expects the growth rate to slow to around 33% in the second half and has revised OpenAI's annual contract value down to approximately $115 million. Bernstein maintains a market-perform rating for Datadog, with a target price of $237.