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DKNGDKNGConsumer Cyclical · Gambling

DKNG Stock Forecast: DraftKings, Inc. Price Predictions for 2026-2027

Last close, 4 Sept 2026
$24
−0.74% on the day

The 37 Wall Street analysts covering DraftKings, Inc. hold a median 12-month price target of $33 — +37.4% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 38 of 100 as at 5 Sept 2026 — in the lower half. The Street sees upside; the factor read is a caution. That gap is the story on this page.

Market cap
$11.9B
Ticker Nerd rank
38 / 100
Median analyst target
$33
Analysts covering
37
Revenue$1.4B−4.6% y/y
Operating income−$68.2M
Net income−$67.6M
Free cash flow$67.9M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−4.9%
1M
+1.7%
YTD
−30.3%
1Y
−49.3%
From 52W high
−49.3%
From 52W low
+15.9%
$21
$47
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

DKNG stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores DraftKings, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 5 Sept 2026
38 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Accruals
97
Quality
84
Issuance
57
Growth
55
Revisions
43
Value
32
Volatility
25
Momentum
11
Size
10

Accruals (97): Reported profit is backed by cash, and the company is not expanding recklessly.

Momentum (11): The shares have been drifting down relative to others.

Size (10): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

DKNG stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on DKNG, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$20$30$40$50$60$70$80Oct 25Jan 26Apr 26Jul 26DKNGHigh $76Median $33Low $20

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says37 analysts
30 Buy6 Hold1 Sell
Low $20Median $33High $76

The green dot is the last close — the median target sits +37.4% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 3 moved their price target up and 6 moved it down.

DateFirmActionRatingTarget
3 Sept 2026BernsteinMaintainsOutperform$27 → $29
2 Sept 2026Wolfe ResearchInitiatesOutperform$40
11 Aug 2026CitigroupMaintainsBuy$30 → $32
11 Aug 2026CitigroupMaintainsBuy—
11 Aug 2026MacquarieMaintainsOutperform$38
11 Aug 2026MacquarieMaintainsOutperform—
10 Aug 2026BarclaysMaintainsOverweight$35 → $34
10 Aug 2026BarclaysMaintainsOverweight—
10 Aug 2026GuggenheimMaintainsBuy$35 → $33
10 Aug 2026GuggenheimMaintainsBuy—
10 Aug 2026JP MorganMaintainsOverweight$34 → $33
10 Aug 2026JP MorganMaintainsOverweight—
7 Aug 2026BenchmarkMaintainsBuy—
7 Aug 2026BenchmarkMaintainsBuy$29 → $30
22 July 2026StifelMaintainsBuy—
22 July 2026StifelMaintainsBuy$40 → $38
20 July 2026Truist SecuritiesMaintainsBuy$30 → $29
20 July 2026Truist SecuritiesMaintainsBuy—
20 July 2026Wells FargoMaintainsOverweight$32 → $29
20 July 2026Wells FargoMaintainsOverweight—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. DKNG appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

DKNG vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 4 Sept 2026, DraftKings, Inc. returned −49.3% against +20.0% for the S&P 500, dividends included.

DKNG vs S&P 500, last 12 monthsTotal return, rebased to 100
406080100120Oct 25Jan 26Apr 26Jul 26DKNGS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

DKNG analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
−18.4%
Analysts raising
0
Analysts cutting
13
Fundamentals

DraftKings, Inc. (DKNG) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
240.3×

Cheaper than 3% of US stocks

Price / sales
1.9×

Cheaper than 54% of US stocks

Price / book
20.9×

Cheaper than 5% of US stocks

EV / EBITDA
104.6×

Cheaper than 2% of US stocks

Growth & margins
Revenue growth (YoY)
−4.6%

Higher than 20% of US stocks

Earnings growth (YoY)
−4.6%

Higher than 31% of US stocks

Gross margin
38.2%

Higher than 47% of US stocks

Operating margin
−4.7%

Higher than 28% of US stocks

Net margin
−2.7%

Higher than 27% of US stocks

Returns & dividend
Return on equity
−21.1%

Higher than 31% of US stocks

Return on assets
−2.4%

Higher than 36% of US stocks

Dividend yield
—

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

DraftKings, Inc. (DKNG) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • DraftKings, Inc. has a market value of $11.9B and an enterprise value of $12.9B.

  • Revenue in the twelve months to 30 June 2026: $6.2B. The latest quarter shrank 4.6% year on year.

  • Net income over the same four quarters: −$166.9M, a −2.7% net margin.

  • Diluted earnings per share, trailing twelve months: $−0.38.

  • Free cash flow in the twelve months to 30 June 2026: $497.4M.

  • DraftKings, Inc. spent $682.4M on share buybacks in the twelve months to 30 June 2026.

  • Shares outstanding: 496.0M.

  • Trailing P/E: 240.3×; forward P/E: 14.6× — the forward figure prices analyst consensus estimates, not reported earnings.

  • DraftKings, Inc. employs 5,500 people — $1.1M of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 8 Sept 2026

Data provided by Twelve Data

Peers

DKNG vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelGambling
CompanyMarket capTKN rank
DKNGDraftKings, Inc.$11.9B
38
SGHCSuper Group (SGHC) Ltd.$7.0B
56
RSIRush Street Interactive, Inc.$6.2B
86
CHDNChurchill Downs, Inc.$6.1B
67
BRSLBrightstar Lottery Plc$2.1B
47
PKGPackaging Corporation of America*$21.3B
47
RLRalph Lauren Corp.*$21.3B
91

* Nearest Consumer Cyclical names by size — few gambling companies of this scale trade in the US universe.

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own DraftKings, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest DKNG news & analysis

Gaming Realms shows resilience as it eyes further growth

Proactive Investors · 8 Sept 2026neutral

Gaming Realms, a mobile gaming content developer and licensor, said it is well positioned to build on its momentum and deliver further growth across new and existing markets. Its UK business proved resilient, with revenues up 3% despite the near doubling of Remote Gaming Duty to 40% from 1 April.

Why it matters — For a DraftKings watcher, this offers a read on the resilience of the UK gaming sector and the impact of higher Remote Gaming Duty, which could inform views on regulatory and market conditions affecting the industry.

Could DKNG Be a 50% Rebound Stock?

24/7 Wall Street · 3 Sept 2026positive

The article notes that DraftKings' stock has fallen nearly half over the past year while its Predictions product grew from $2.3 billion to $11 billion in annualized volume within three months.

Why it matters — For DKNG watchers, the rapid growth of the Predictions business may signal a potential area of momentum even as the stock has declined.

Amazon.com vs. DraftKings: Which Consumer Stock Is a Better Buy in 2026?

The Motley Fool · 3 Sept 2026neutral

A Motley Fool article compared Amazon.com and DraftKings as potential consumer stock buys heading into 2026. It noted Amazon's dominance in cloud computing and logistics with a diversified revenue base, while highlighting DraftKings' expansion in the regulated sports betting market and its recent achievement of net profitability.

Why it matters — The piece places DraftKings in a head-to-head comparison with a major consumer stock and acknowledges its recent move to net profitability, which DKNG watchers would find relevant for gauging its competitive standing.

New Jersey asks the Supreme Court to take on prediction markets

CNBC · 2 Sept 2026neutral

New Jersey has petitioned the Supreme Court to take up a dispute over which regulator has oversight of prediction markets and sports-related event contracts. This follows an April ruling by the 3rd U.S. Circuit Court of Appeals that all event contracts are "swaps" regulated by the Commodity Futures Trading Commission.

Why it matters — A Supreme Court decision on whether the CFTC has oversight of sports-related event contracts could affect the regulatory environment for prediction markets and related offerings in the sports-betting space.

DraftKings Celebrates Customers on “DraftKings Gameday” with Free Gas, Exclusive Offers and More

Business Wire · 31 Aug 2026positive

DraftKings announced DraftKings Gameday, a one-day nationwide celebration on September 2, 2026, featuring exclusive customer promotions, a customized in-app experience, in-person activations, a charitable donation, and a new creative campaign. The event will kick off the first football season with DraftKings Sports & Casino available nationwide.

Why it matters — The event signals DraftKings' customer engagement and marketing efforts as it launches the first football season with its Sports & Casino offerings available nationwide.

FAQ

Frequently asked questions about DKNG stock

What is the DKNG stock price forecast for 2026-2027?

The 37 Wall Street analysts covering DraftKings, Inc. have a median 12-month price target of $33, with estimates ranging from $20 to $76. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is DKNG stock a buy right now?

Of the 37 analysts covering DraftKings, Inc., 30 rate it a Buy, 6 a Hold and 1 a Sell. Ticker Nerd's systematic factor model ranks DraftKings, Inc. 38 out of 100 across roughly 4,600 US stocks as at 5 Sept 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank DKNG?

As at 5 Sept 2026, DraftKings, Inc. ranks 38 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Accruals (97 of 100).

Will DKNG stock go up?

No one can know that. What the data says: the median 12-month target from 37 analysts implies +37.4% from the last close, and Ticker Nerd's factor model ranks DraftKings, Inc. 38 out of 100 as at 5 Sept 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the DKNG stock forecast for 2030?

No analyst covering DraftKings, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for DKNG are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $20 to $76 over the next 12 months.

How has DKNG stock performed over the past year?

DraftKings, Inc. returned -49.3% over the 12 months to 4 Sept 2026, with dividends reinvested. Past performance does not indicate future returns.

What does DraftKings, Inc. do?

DraftKings Inc. Class A Common Stock represents the equity of DraftKings Inc., a digital sports entertainment and gaming company.

What is the latest news on DKNG?

The most recent item we track (Proactive Investors, 8 Sept 2026): "Gaming Realms shows resilience as it eyes further growth". Gaming Realms, a mobile gaming content developer and licensor, said it is well positioned to build on its momentum and deliver further growth across new and existing markets. Its UK business proved resilient, with revenues up 3% despite the near doubling of Remote Gaming Duty to 40% from 1 April.

Company

About DraftKings, Inc.

DraftKings Inc. Class A Common Stock represents the equity of DraftKings Inc., a digital sports entertainment and gaming company. DraftKings provides online and retail sports betting, iGaming, daily fantasy sports, and related gaming products for consumers in regulated markets. Its platform also includes retail sportsbook operations, fantasy competitions, digital lottery couriers, prediction markets, media, and other consumer-facing offerings. The company develops sports betting and casino gaming software for online and retail operators, supporting both its own products and external customers. DraftKings serves users across the United States and internationally, positioning itself as a broad participant in the online wagering and interactive gaming ecosystem. Headquartered in Boston, Massachusetts, DraftKings focuses on delivering regulated digital gaming experiences across mobile and web-based channels.

CEO Mr. Jason D. Robins · 5,500 employees · United States · https://www.draftkings.com