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DKNG Stock Forecast 2025-2026
$40.77
Current Price
$20.23B
Market Cap
Buy 29
Hold 5
Sell 0
Wall St Analyst Ratings
Distance to DKNG Price Targets
+81.5%
To High Target of $74.00
+30.0%
To Median Target of $53.00
-11.7%
To Low Target of $36.00
DKNG Price Momentum
-2.9%
1 Week Change
+13.9%
1 Month Change
+8.5%
1 Year Change
+9.6%
Year-to-Date Change
-24.0%
From 52W High of $53.61
+42.1%
From 52W Low of $28.69
📊 TOP ANALYST CALLS
Did DKNG Make This Month's Elite Buy List?
We don't follow just any analyst — only the top 3% with a proven track record make our cut. See if DraftKings is one of their latest high-conviction picks.
Latest DKNG Stock Price Targets & Analyst Predictions
Based on our analysis of 40 Wall Street analysts, DKNG has a bullish consensus with a median price target of $53.00 (ranging from $36.00 to $74.00). The overall analyst rating is Strong Buy (8.9/10). Currently trading at $40.77, the median forecast implies a 30.0% upside. This outlook is supported by 29 Buy, 5 Hold, and 0 Sell ratings.
Conversely, the most conservative target is provided by Stephen Grambling at Morgan Stanley, suggesting a 11.7% downside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
DKNG Analyst Ratings
29
Buy
5
Hold
0
Sell
DKNG Price Target Range
Low
$36.00
Average
$53.00
High
$74.00
Current: $40.77
Latest DKNG Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for DKNG.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Jul 3, 2025 | Jefferies | David Katz | Buy | Maintains | $53.00 |
| Jul 1, 2025 | Citigroup | Steven Sheeckutz | Buy | Maintains | $58.00 |
| Jun 23, 2025 | JP Morgan | Daniel Politzer | Overweight | Initiates | $50.00 |
| Jun 5, 2025 | JMP Securities | Jordan Bender | Market Outperform | Maintains | $50.00 |
| May 30, 2025 | Morgan Stanley | Stephen Grambling | Overweight | Maintains | $51.00 |
| May 12, 2025 | Barclays | Brandt Montour | Overweight | Maintains | $48.00 |
| May 12, 2025 | JMP Securities | Market Perform | Maintains | $0.00 | |
| May 12, 2025 | Guggenheim | Curry Baker | Buy | Maintains | $60.00 |
| May 12, 2025 | Macquarie | Chad Beynon | Outperform | Maintains | $53.00 |
| May 12, 2025 | Mizuho | Ben Chaiken | Outperform | Maintains | $58.00 |
| May 12, 2025 | Needham | Bernie McTernan | Buy | Maintains | $60.00 |
| May 12, 2025 | Susquehanna | Joseph Stauff | Positive | Maintains | $52.00 |
| May 9, 2025 | B of A Securities | Shaun Kelley | Buy | Maintains | $50.00 |
| May 9, 2025 | Needham | Bernie McTernan | Buy | Reiterates | $65.00 |
| Apr 28, 2025 | Mizuho | Ben Chaiken | Outperform | Maintains | $59.00 |
| Apr 25, 2025 | Citigroup | Jason Bazinet | Buy | Maintains | $55.00 |
| Apr 24, 2025 | TD Securities | Lance Vitanza | Buy | Maintains | $55.00 |
| Apr 23, 2025 | Truist Securities | Barry Jonas | Buy | Maintains | $50.00 |
| Apr 22, 2025 | Barclays | Brandt Montour | Overweight | Maintains | $50.00 |
| Apr 22, 2025 | BTIG | Clark Lampen | Buy | Maintains | $52.00 |
DraftKings Inc. (DKNG) Competitors
The following stocks are similar to DraftKings based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
DraftKings Inc. (DKNG) Financial Data
DraftKings Inc. has a market capitalization of $20.23B with a P/E ratio of -39.0x. The company generates $5.00B in trailing twelve-month revenue with a -8.0% profit margin.
Revenue growth is +19.9% quarter-over-quarter, while maintaining an operating margin of -3.3% and return on equity of -46.8%.
Valuation Metrics
Market Cap
$20.23B
Enterprise Value
$22.08B
P/E Ratio
-39.0x
PEG Ratio
71.5x
Price/Sales
4.0x
Growth & Margins
Revenue Growth (YoY)
+19.9%
Gross Margin
+40.1%
Operating Margin
-3.3%
Net Margin
-8.0%
EPS Growth
+19.9%
Financial Health
Cash/Price Ratio
+5.5%
Current Ratio
1.2x
Debt/Equity
219.8x
ROE
-46.8%
ROA
-7.6%
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DraftKings Inc. (DKNG) Business Model
About DraftKings Inc.
What They Do
Digital sports entertainment and gaming services.
Business Model
DraftKings generates revenue through daily fantasy sports contests, sports betting, and online casino games. Users pay fees to enter fantasy competitions, while the sportsbook and iGaming services earn profits from wagers placed by customers. The company leverages technology and partnerships to attract a diverse audience and enhance user engagement.
Additional Information
DraftKings operates in regulated markets and targets both casual sports fans and serious gamblers. Its innovative platform and strategic alliances with sports leagues and media companies position it well within the rapidly growing online gaming industry.
Company Information
Sector
Consumer Cyclical
Industry
Gambling
Employees
5,100
CEO
Mr. Jason D. Robins
Country
United States
IPO Year
2020
Website
www.draftkings.comDraftKings Inc. (DKNG) Latest News & Analysis
Featured Analysis
Powered by
Zacks Investment Research
How Strong is DraftKings' Path to Free Cash Flow in 2025?
DKNG eyes $750M in 2025 free cash flow as sportsbook strength and margin expansion drive profitability gains.
Jul 04, 2025
By Mrithunjoy Kaushik
Analyst Blog
DraftKings (DKNG) Stock Sinks As Market Gains: Here's Why
DraftKings (DKNG) closed the most recent trading day at $41.32, moving 1.6% from the previous trading session.
Jul 02, 2025
By Zacks Equity Research
Tale of the Tape
DraftKings (DKNG) Stock Slides as Market Rises: Facts to Know Before You Trade
DraftKings (DKNG) closed the most recent trading day at $42.24, moving 1.17% from the previous trading session.
Jun 26, 2025
By Zacks Equity Research
Tale of the Tape
Latest News
DraftKings Launches “My Budget Builder” to Enhance Its Responsible Gaming Tools and Resources
7 days ago
Quick Summary
DraftKings has introduced a new tool to help players manage their gaming activities, emphasizing the company's commitment to promoting responsible gaming practices.
Why It Matters
DraftKings' new responsible gaming tool may enhance user trust and loyalty, potentially leading to increased customer retention and revenue, positively impacting stock performance.
Source: GlobeNewsWire
Market Sentiment:
Neutral
Quick Summary
DraftKings (DKNG) is currently attracting significant attention from Zacks.com users, indicating potential interest in its stock performance.
Why It Matters
Increased user interest in DraftKings suggests potential volatility and investment opportunities, affecting stock performance and market sentiment.
Source: Zacks Investment Research
Market Sentiment:
Positive
These 2 Consumer Discretionary Stocks Could Beat Earnings: Why They Should Be on Your Radar
7 days ago
Quick Summary
The Zacks Earnings ESP tool helps identify potential earnings surprises, suggesting that investors should utilize it for strategic advantage.
Why It Matters
The Zacks Earnings ESP highlights stocks that may exceed earnings expectations, offering investors opportunities for potential price jumps and enhanced returns.
Source: Zacks Investment Research
Market Sentiment:
Positive
Quick Summary
DraftKings (DKNG) closed at $42.24, reflecting a 1.17% increase from the prior trading session.
Why It Matters
DraftKings' slight price movement signals stability or investor uncertainty, impacting market sentiment and potential trading strategies for stakeholders.
Source: Zacks Investment Research
Market Sentiment:
Negative
Danny Moses turns bearish on DraftKings
13 days ago
Quick Summary
Danny Moses, a guest trader on 'Fast Money,' expresses a bearish outlook on gaming and sports betting stocks, including DraftKings.
Why It Matters
Bearish sentiment on gaming and sports betting stocks like DraftKings signals potential declines in stock value, influencing investor decisions and market trends in these sectors.
Source: CNBC Television
Market Sentiment:
Negative
Quick Summary
Wall Street analysts' recommendations significantly influence investor decisions on stock transactions, with rating changes impacting stock prices.
Why It Matters
Changes in Wall Street analysts' ratings can significantly impact stock prices, influencing investor decisions and market trends.
Source: Zacks Investment Research
Market Sentiment:
Neutral
Frequently Asked Questions About DKNG Stock
What is DraftKings Inc.'s (DKNG) stock forecast for 2026?
Based on our analysis of 40 Wall Street analysts, DraftKings Inc. (DKNG) has a median price target of $53.00. The highest price target is $74.00 and the lowest is $36.00.
Is DKNG stock a good investment in 2026?
According to current analyst ratings, DKNG has 29 Buy ratings, 5 Hold ratings, and 0 Sell ratings. The stock is currently trading at $40.77. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for DKNG stock?
Wall Street analysts predict DKNG stock could reach $53.00 in the next 12 months. This represents a 30.0% increase from the current price of $40.77. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is DraftKings Inc.'s business model?
DraftKings generates revenue through daily fantasy sports contests, sports betting, and online casino games. Users pay fees to enter fantasy competitions, while the sportsbook and iGaming services earn profits from wagers placed by customers. The company leverages technology and partnerships to attract a diverse audience and enhance user engagement.
What is the highest forecasted price for DKNG DraftKings Inc.?
The highest price target for DKNG is $74.00 from at , which represents a 81.5% increase from the current price of $40.77.
What is the lowest forecasted price for DKNG DraftKings Inc.?
The lowest price target for DKNG is $36.00 from Stephen Grambling at Morgan Stanley, which represents a -11.7% decrease from the current price of $40.77.
What is the overall DKNG consensus from analysts for DraftKings Inc.?
The overall analyst consensus for DKNG is bullish. Out of 40 Wall Street analysts, 29 rate it as Buy, 5 as Hold, and 0 as Sell, with a median price target of $53.00.
How accurate are DKNG stock price projections?
Stock price projections, including those for DraftKings Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
Important Disclaimer
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Last updated: July 7, 2025 2:53 PM UTC