Behind the Scenes of DexCom's Latest Options Trends
Portfolio Pulse from Benzinga Insights
Whales have taken a bearish stance on DexCom (NASDAQ:DXCM) with 47% of recent options trades being bearish. The trading activity suggests a price range of $45.0 to $110.0 for DXCM over the next three months. Analysts have mixed ratings, with price targets ranging from $75 to $145.
July 29, 2024 | 3:02 pm
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Whales have taken a bearish stance on DexCom with 47% of recent options trades being bearish. The trading activity suggests a price range of $45.0 to $110.0 for DXCM over the next three months. Analysts have mixed ratings, with price targets ranging from $75 to $145.
The majority of recent options trades on DexCom are bearish, indicating that significant investors expect the stock price to decline. Additionally, the mixed analyst ratings and wide range of price targets add to the uncertainty, likely leading to short-term downward pressure on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100