Datadog Surges to 108th in Trading Volume with $722 Million in Shares Exchanged

On June 4, 2025, Datadog (DDOG) saw a significant increase in trading volume, with a total of $722 million in shares exchanged, marking a 57.36% rise from the previous day. This surge placed Datadog at the 108th position in terms of trading volume for the day. The stock price of Datadog rose by 0.88%, marking the second consecutive day of gains, with a total increase of 1.66% over the past two days.

Datadog has been a subject of considerable interest among investors, with deep-pocketed investors adopting a bearish stance. This trend was highlighted by Benzinga's options scanner, which identified nine extraordinary options activities for Datadog. The majority of these activities were puts, totaling $292,110, while calls amounted to $66,800. The general sentiment among these investors is divided, with 33% leaning bullish and 66% bearish. The significant options activity suggests that major market movers are focusing on a price band between $110.0 and $120.0 for Datadog over the last three months.

Datadog's platform is designed to ingest and analyze large amounts of machine-generated data in real time, allowing clients to utilize it for various applications throughout their businesses. The company's current performance and market standing are under scrutiny, with a trading volume of 395,704 and a price of $117.05. The next earnings report is scheduled for 65 days from now. Analysts have issued ratings for Datadog, with a consensus target price of $134.0. Several analysts maintain a Buy rating on Datadog, with target prices ranging from $125 to $150. However, one analyst from Wells Fargo holds an Equal-Weight rating, targeting a price of $115.