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DraftKings Inc

DraftKings Inc Stock Forecast & Price Prediction

Live DraftKings Inc Stock (DKNG) Price
$40.75

24

Ratings

  • Buy 21
  • Hold 2
  • Sell 1
Disclaimer : The analyst ratings and price forecast data are provided by Tradefeeds. The data is sourced from Wall Street analysts and other experienced experts. The figures presented are solely a forecast and not a guarantee of future price performance. The information presented is not a recommendation to buy or sell the stock.

Stock Price

$40.75

P/E Ratio

P/E Ratio not available for DKNG

Volume Traded Today

$12.3M

Dividend

Dividends not available for DKNG

52 Week High/low

45.62/17.02

DraftKings Inc Market Cap

$19.08B

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DKNG Summary

Based on ratings from 24 stock analysts, the DraftKings Inc stock price is expected to increase by 12.59% in 12 months. This is calculated by using the average 12-month stock price forecast for DraftKings Inc. The lowest target is $28.00 and the highest is $55.00. Please note analyst price targets are not guaranteed and could be missed completely.

DKNG Analyst Ratings

About 24 Wall Street analysts have assignedDKNG 21 buy ratings, 2 hold ratings, and 1 sell ratings. This means that analysts expect DraftKings Inc to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on DKNG. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

DKNG stock forecast by analyst

Analyst/Firm

Rating

Price Target

Change

Date

zachary warring
CFRA

Hold

$42.0

downgraded

Feb 16, 2024
brandt montour
Barclays

Hold

$41.0

maintained

Feb 15, 2024
carlo santarelli
Deutsche Bank

Hold

$31.0

maintained

Nov 14, 2023
jack cummings
Berenberg Bank

Hold

$33.5

maintained

Oct 25, 2023
michael nathanson
SVB Securities

Hold

$15.0

maintained

Feb 6, 2023
andrew tam cfa
Redburn Partners

Hold

$19.0

initiatedcoverage

Oct 12, 2022
john decree
CBRE

Hold

$18.0

maintained

Aug 8, 2022
benjamin miller cfa
Goldman Sachs

Hold

$44.0

reiterated

Mar 4, 2022
shaun kelly
Bank of America Securities

Hold

$70.0

reiterated

Mar 10, 2021
eric sheridan
Goldman Sachs

Hold

$65.0

maintained

Mar 1, 2021
jared shojaian
Wolfe Research

Hold

None

reiterated

Mar 1, 2021
brad erickson
RBC Capital

Hold

None

rated

Feb 10, 2021

DKNG Company Information

DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally. It provides online sports betting and casino, daily fantasy sports, media, and other consumer products, as well as retails sportsbooks. The company also engages in the design and development of sports betting and casino gaming software for online and retail sportsbooks, and iGaming operators. In addition, it offers DraftKings marketplace, a digital collectibles ecosystem designed for mainstream accessibility that offers curated NFT drops and supports secondary-market transactions. The company is headquartered in Boston, Massachusetts.

DKNG
DraftKings Inc (DKNG)

When did it IPO

2019

Staff Count

4,400

Country

United States

Sector/Industry

Consumer Cyclical/Gambling

CEO

Mr. Jason D. Robins

Market Cap

$19.08B

DraftKings Inc(DKNG) Financial Data

In 2023, DKNG generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that DKNG's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2019

N/A

Revenue From 2020

N/A

0.00 %
From Previous Year

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year
  • Revenue TTM $3.67B
  • Operating Margin TTM -0.03%
  • Gross profit TTM $1.37B
  • Return on assets TTM -0.12%
  • Return on equity TTM -0.74%
  • Profit margin -0.21884%
  • Book value 1.78%
  • Market capitalisation $19.08B
  • Revenue for 2020 N/A
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • EPS this year -1.73
  • EPS next year N/A
... ...

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DKNG Frequently asked questions

The highest forecasted price for DKNG is $55.00 from jed kelly at Oppenheimer.

The lowest forecasted price for DKNG is $28.00 from alistair johnson from Exane BNP Paribas

The DKNG analyst ratings consensus are 21 buy ratings, 2 hold ratings, and 1 sell ratings.