Datadog, Inc. (DDOG) August weekly option implied volatility elevated into quarter results

Go back to Datadog, Inc. (DDOG) August weekly option implied volatility elevated into quarter results

Here's why Bernstein says investors are too over-exuberant about Datadog (DDOG) into this quarter

August 7, 2023 2:24 PM EDT

Bernstein analyst Peter Weed reiterated an Outperform rating and $127 price target on Datadog, Inc. (NASDAQ: DDOG) Monday.

The analyst declared in his note to clients that they "love" Datadog and see its share moving higher over the next 12 to 18 months. However, they worry that there could be over-exuberance from some investors heading into the company's earnings release.... More