Datadog (DDOG, Financial) has recently attracted significant bearish attention in the options market, with a notable increase in put trading activity. Approximately 27,223 put options have been traded, doubling the usual volume. The most actively traded contracts are the June 2025 $140 puts and the April 2025 $125 puts, collectively nearing 8,600 contracts in volume.
Reflecting the bearish sentiment, the Put/Call Ratio for Datadog stands at 3.16, indicating a strong preference for put options over calls. Additionally, the at-the-money implied volatility (ATM IV) has climbed by more than four points within the day, suggesting heightened market uncertainty.
Investors are likely positioning themselves ahead of Datadog's upcoming earnings report, scheduled for May 6th. The increased put activity could be a sign that traders are hedging against potential downside risks or anticipating negative earnings outcomes.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 33 analysts, the average target price for Datadog Inc (DDOG, Financial) is $150.49 with a high estimate of $200.00 and a low estimate of $115.00. The average target implies an upside of 64.20% from the current price of $91.65. More detailed estimate data can be found on the Datadog Inc (DDOG) Forecast page.
Based on the consensus recommendation from 43 brokerage firms, Datadog Inc's (DDOG, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Datadog Inc (DDOG, Financial) in one year is $181.72, suggesting a upside of 98.28% from the current price of $91.65. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Datadog Inc (DDOG) Summary page.