Earnings results often indicate what direction a company will take in the months ahead. With Q1 behind us, let’s have a look at Nutanix (NASDAQ: NTNX) 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 strong Q1. As a group, revenues beat analysts’ consensus estimates by 2.7% while next quarter’s revenue guidance was 1.8% above.

Luckily, cloud monitoring stocks have performed well with share prices up 29.8% on average since the latest earnings results.

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 $703.1 million, up 10% year on year. This print exceeded analysts’ expectations by 2.4%. Despite the top-line beat, it was still a mixed quarter for the company with a solid beat of analysts’ billings estimates.

Nutanix delivered the weakest guidance update in the group. Interestingly, the stock is up 16% since reporting and currently trades at $54.02.

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

Best Q1: 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 $1.01 billion, up 32.2% year on year, outperforming analysts’ expectations by 4.9%. The business had an exceptional quarter with an impressive beat of analysts’ annual recurring revenue and billings estimates.

Datadog achieved the biggest analyst estimate beat, highest guidance raise, and fastest revenue growth of the whole group. The company added 240 enterprise customers paying more than $100,000 annually to reach a total of 4,550. The market seems happy with the results as the stock is up 75% since reporting. It currently trades at $251.49.

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

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 $121 million, flat year on year, exceeding analysts’ expectations by 1.2%. It was a satisfactory quarter as it also posted accelerating customer growth but EPS guidance for next quarter missing analysts’ expectations significantly.

PagerDuty delivered the weakest performance against analyst estimates, slowest revenue growth, and weakest full-year guidance update among its peers. The company added 29 customers to reach a total of 15,380. Interestingly, the stock is up 22% since the results and currently trades at $9.08.

Read our full analysis of PagerDuty’s results here.

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 $531.7 million, up 19.4% year on year. This number topped analysts’ expectations by 2.1%. Aside from that, it was a satisfactory quarter as it also logged an impressive beat of analysts’ billings estimates but EPS guidance for next quarter slightly missing analysts’ expectations.

The stock is up 6.1% since reporting and currently trades at $41.62.

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

Market Update

Over the past year, investors have been forced to repeatedly answer the same question: what is the market’s biggest risk? The answer has changed several times, and each shift has reshaped market leadership.

Late in 2025 and early 2026, artificial intelligence became the market’s primary uncertainty. Investors questioned whether AI would erode software pricing power and weaken competitive moats as AI made it easier to replicate once-differentiated products.

By the spring, technology took a back seat to geopolitics. The U.S. conflict with Iran briefly became the market’s dominant narrative, raising concerns about oil prices, inflation, and global growth. But as energy markets remained orderly and fears of a prolonged supply disruption faded, investors quickly turned their focus back to fundamentals.

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