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Datadog to Join S&P 500 on July 9 After Juniper Exit

Datadog’s addition underscores the tech sector’s expanding influence within the benchmark.

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Overview

  • S&P Dow Jones Indices announced on July 2 that Datadog will replace Juniper Networks before trading begins on July 9, 2025.
  • Hewlett Packard Enterprise finalized its $13.4 billion acquisition of Juniper Networks on July 2 following a Justice Department settlement that required HPE to divest its Instant On business.
  • Datadog shares surged roughly 10% in extended and premarket trading after the inclusion announcement.
  • In the first quarter of 2025, Datadog generated $761.6 million in revenue and $24.6 million in net income, reflecting its growth as a cloud-monitoring and security platform provider.
  • Index-tracking funds are poised to drive further demand for Datadog stock after its addition to a benchmark that has increasingly tilted toward technology firms.