Wrapping up Q4 earnings, we look at the numbers and key takeaways for the cloud monitoring stocks, including Dynatrace (NYSE: DT) and its peers.

Software is eating the world, increasing organizations’ reliance on digital-only solutions. As more workloads and applications move to the cloud, the reliability of the underlying cloud infrastructure becomes ever more critical and ever more complex. To solve this challenge, companies and their engineering teams have turned to a range of cloud monitoring tools that provide them with the visibility to troubleshoot issues in real-time.

The 4 cloud monitoring stocks we track reported a mixed Q4. As a group, revenues beat analysts’ consensus estimates by 2.2% while next quarter’s revenue guidance was in line.

Thankfully, share prices of the companies have been resilient as they are up 7% on average since the latest earnings results.

Best Q4: Dynatrace (NYSE: DT)

With its platform processing over 30 trillion pieces of IT performance data daily, Dynatrace (NYSE: DT) provides an AI-powered platform that helps organizations monitor, secure, and optimize their applications and IT infrastructure across cloud environments.

Dynatrace reported revenues of $515.5 million, up 18.2% year on year. This print exceeded analysts’ expectations by 1.9%. Overall, it was a strong quarter for the company with full-year EPS guidance exceeding analysts’ expectations and EPS guidance for next quarter beating analysts’ expectations.

"Our third quarter results surpassed the high end of our guidance across all top line growth and profitability metrics. Notably, we've generated double-digit net new ARR growth for three consecutive quarters, which reflects the growing number of enterprises adopting Dynatrace as their end-to-end observability platform,” said Rick McConnell, CEO of Dynatrace.

Dynatrace achieved the highest full-year guidance raise of the whole group. Unsurprisingly, the stock is up 9.3% since reporting and currently trades at $36.85.

We think Dynatrace is a good business, but is it a buy today? Read our full report here, it’s free.

Datadog (NASDAQ: DDOG)

Named after a database the founders had to painstakingly look after at their previous company, Datadog (NASDAQ: DDOG) provides a software platform that helps organizations monitor and secure their cloud applications, infrastructure, and services.

Datadog reported revenues of $953.2 million, up 29.2% year on year, outperforming analysts’ expectations by 3.8%. The business performed better than its peers, but it was unfortunately a mixed quarter with a solid beat of analysts’ billings estimates but full-year EPS guidance missing analysts’ expectations significantly.

Datadog delivered the biggest analyst estimates beat and fastest revenue growth among its peers. The company added 250 enterprise customers paying more than $100,000 annually to reach a total of 4,310. The market seems happy with the results as the stock is up 18.2% since reporting. It currently trades at $134.75.

Is now the time to buy Datadog? Access our full analysis of the earnings results here, it’s free.

Slowest Q4: Nutanix (NASDAQ: NTNX)

Originally pioneering hyperconverged infrastructure to break down traditional data center silos, Nutanix (NASDAQ: NTNX) provides a unified software platform that enables organizations to run applications and manage data across private, public, and hybrid cloud environments.

Nutanix reported revenues of $722.8 million, up 10.4% year on year, exceeding analysts’ expectations by 1.8%. Still, it was a slower quarter as it posted revenue guidance for next quarter missing analysts’ expectations and a significant miss of analysts’ billings estimates.

Interestingly, the stock is up 9.2% since the results and currently trades at $41.97.

Read our full analysis of Nutanix’s results here.

PagerDuty (NYSE: PD)

Born from the frustration of developers being woken up by unprioritized alerts, PagerDuty (NYSE: PD) is a digital operations management platform that helps organizations detect and respond to IT incidents, outages, and other critical issues in real-time.

PagerDuty reported revenues of $124.8 million, up 2.7% year on year. This result surpassed analysts’ expectations by 1.3%. Zooming out, it was a slower quarter as it produced full-year guidance of slowing revenue growth and full-year revenue guidance missing analysts’ expectations.

PagerDuty had the weakest performance against analyst estimates and slowest revenue growth among its peers. The company lost 47 customers and ended up with a total of 15,351. The stock is down 8.6% since reporting and currently trades at $6.65.

Read our full, actionable report on PagerDuty here, it’s free.

Market Update

Late in 2025 into early 2026, there was hand wringing around artificial intelligence. For software companies, the fear was that AI would erode pricing power and compress margins as new tools made it easier to replicate what once required expensive enterprise platforms. Crypto investors had their own version of the same anxiety: if AI agents could trade, allocate capital, and manage wallets autonomously, what exactly was the long-term value of today’s crypto infrastructure?

These concerns triggered a noticeable rotation away from these sectors and into safer havens. But markets rarely dwell on one narrative for long. Spring 2026 came, and the focus shifted abruptly from technological disruption to geopolitical risk. The US’ conflict with Iran became the dominant driver of market psychology, and when geopolitics takes center stage, the script changes quickly. Investors stop debating growth rates and start worrying about oil supply, inflation, and global stability.

Want to invest in winners with rock-solid fundamentals? Check out our Hidden Gem Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.