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DKNG Stock Forecast 2026-2027
$25.87
Current Price
$12.88B
Market Cap
Buy 28
Hold 7
Sell 0
Wall St Analyst Ratings
Distance to DKNG Price Targets
+193.8%
To High Target of $76.00
+35.3%
To Median Target of $35.00
-7.2%
To Low Target of $24.00
DKNG Price Momentum
+2.9%
1 Week Change
+18.9%
1 Month Change
-31.7%
1 Year Change
-24.9%
Year-to-Date Change
-47.0%
From 52W High of $48.78
+23.1%
From 52W Low of $21.01
📊 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 45 Wall Street analysts, DKNG has a bullish consensus with a median price target of $35.00 (ranging from $24.00 to $76.00). The overall analyst rating is Strong Buy (8.9/10). Currently trading at $25.87, the median forecast implies a 35.3% upside. This outlook is supported by 28 Buy, 7 Hold, and 0 Sell ratings.
Conversely, the most conservative target is provided by Carlo Santarelli at Deutsche Bank, suggesting a 7.2% 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
28
Buy
7
Hold
0
Sell
DKNG Price Target Range
Low
$24.00
Average
$35.00
High
$76.00
Current: $25.87
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 |
|---|---|---|---|---|---|
| Mar 3, 2026 | Macquarie | Chad Beynon | Outperform | Maintains | $40.00 |
| Mar 3, 2026 | Needham | Bernie McTernan | Buy | Reiterates | $35.00 |
| Mar 3, 2026 | Citizens | Jordan Bender | Market Outperform | Reiterates | $38.00 |
| Mar 3, 2026 | BMO Capital | Brian Pitz | Outperform | Maintains | $50.00 |
| Mar 3, 2026 | BTIG | Clark Lampen | Buy | Reiterates | $35.00 |
| Feb 26, 2026 | BTIG | Clark Lampen | Buy | Maintains | $35.00 |
| Feb 24, 2026 | Morgan Stanley | Ed Young | Overweight | Maintains | $40.00 |
| Feb 17, 2026 | JP Morgan | Daniel Politzer | Overweight | Maintains | $32.00 |
| Feb 17, 2026 | Goldman Sachs | Ben Miller | Buy | Maintains | $31.00 |
| Feb 17, 2026 | Oppenheimer | Jed Kelly | Outperform | Maintains | $35.00 |
| Feb 17, 2026 | Mizuho | Ben Chaiken | Outperform | Maintains | $44.00 |
| Feb 17, 2026 | Macquarie | Chad Beynon | Outperform | Maintains | $40.00 |
| Feb 17, 2026 | Truist Securities | Barry Jonas | Buy | Maintains | $33.00 |
| Feb 17, 2026 | Barclays | Brandt Montour | Overweight | Maintains | $37.00 |
| Feb 17, 2026 | Needham | Bernie McTernan | Buy | Maintains | $35.00 |
| Feb 17, 2026 | Stifel | Jeffrey Stantial | Buy | Maintains | $40.00 |
| Feb 17, 2026 | Citigroup | Steven Sheeckutz | Buy | Maintains | $32.00 |
| Feb 13, 2026 | BTIG | Clark Lampen | Buy | Maintains | $37.00 |
| Feb 13, 2026 | Benchmark | Mike Hickey | Buy | Maintains | $29.00 |
| Feb 13, 2026 | B of A Securities | Shaun Kelley | Neutral | Maintains | $30.00 |
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 $12.88B with a P/E ratio of 2,588.0x. The company generates $6.05B in trailing twelve-month revenue with a 0.1% profit margin.
Revenue growth is +42.8% quarter-over-quarter, while maintaining an operating margin of +8.3% and return on equity of +0.5%.
Valuation Metrics
Market Cap
$12.88B
Enterprise Value
$13.36B
P/E Ratio
2,588.0x
PEG Ratio
-12.9x
Price/Sales
2.1x
Growth & Margins
Revenue Growth (YoY)
+42.8%
Gross Margin
+46.0%
Operating Margin
+8.3%
Net Margin
+0.1%
EPS Growth
+42.8%
Financial Health
Cash/Price Ratio
+8.8%
Current Ratio
1.0x
Debt/Equity
299.3x
ROE
+0.5%
ROA
0.0%
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DraftKings Inc. (DKNG) Business Model
About DraftKings Inc.
What They Do
Digital sports entertainment and gaming company.
Business Model
The company generates revenue through online sports betting, iGaming, daily fantasy sports contests, and digital lottery services. It operates a mobile-first sportsbook and offers various gaming products, including non-fungible tokens and retail sportsbook services.
Additional Information
Founded in 2012 and headquartered in Boston, Massachusetts, the company focuses on technology-driven customer engagement and regulatory compliance, serving sports fans and gamers in the U.S. and Canada.
Company Information
Sector
Consumer Cyclical
Industry
Gambling
Employees
5,500
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
DraftKings (DKNG) Is Considered a Good Investment by Brokers: Is That True?
According to the average brokerage recommendation (ABR), one should invest in DraftKings (DKNG). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?
Mar 11, 2026
By Zacks Equity Research
Fundamental Analysis
RBLX's Monetization Strengthens: What's Driving the Bookings Surge?
Roblox posts 63% bookings growth to $2.2B as payers near 37M and engagement hits 35B hours, fueled by rapid growth in 18+ users and expanding content.
Mar 09, 2026
By Mrithunjoy Kaushik
Analyst Blog
DraftKings Pushes Into Prediction Markets: A New Growth Lane?
DKNG pushes into prediction markets, expanding DraftKings Predictions with new trading features and market-making plans as early engagement signals traction.
Mar 05, 2026
By Mrithunjoy Kaushik
Analyst Blog
Latest News
Quick Summary
Scott+Scott Attorneys at Law LLP is investigating DraftKings Inc. (NASDAQ: DKNG) over potential fiduciary duty breaches by its officers and directors, following a consumer lawsuit filed on December 8, 2023.
Why It Matters
The investigation into DraftKings' management could signal potential legal issues and financial liabilities, affecting shareholder value and stock performance.
Source: Business Wire
Market Sentiment:
Neutral
Quick Summary
Wall Street analysts' stock ratings influence investor decisions and can impact stock prices, prompting investors to consider these recommendations for Buy, Sell, or Hold actions.
Why It Matters
Wall Street analysts' ratings influence stock prices, guiding investor decisions and market sentiment, which can lead to volatility and affect overall portfolio performance.
Source: Zacks Investment Research
Market Sentiment:
Positive
Quick Summary
DraftKings (DKNG) has garnered significant attention from Zacks.com users, indicating potential interest in the stock's future performance.
Why It Matters
Increased interest in DraftKings suggests heightened market activity, which may influence stock volatility and potential investment opportunities.
Source: Zacks Investment Research
Market Sentiment:
Positive
Quick Summary
Joby Aviation partnered with the White House, enabling potential service launch in select states this year. Wood's ETF company also bought stocks in GeneDx Holdings and DraftKings on Monday.
Why It Matters
Joby Aviation's partnership with the White House signals potential regulatory support, boosting its growth prospects and attracting investor interest in the stock.
Source: The Motley Fool
Market Sentiment:
Positive
Quick Summary
DraftKings (DKNG) is expanding its prediction markets with new trading features and market-making plans, indicating early engagement and potential traction in this segment.
Why It Matters
DKNG's expansion into prediction markets could increase user engagement and revenue, signaling growth potential and enhancing its competitive position in the gaming industry.
Source: Zacks Investment Research
Market Sentiment:
Positive
Quick Summary
DraftKings and ESPN announced account linking at the MIT Sloan Sports Analytics Conference, enhancing user experience and offering exclusive features ahead of March Madness.
Why It Matters
DraftKings' partnership with ESPN enhances user experience and engagement, potentially boosting customer retention and revenue during high-stakes events like March Madness.
Source: Business Wire
Market Sentiment:
Neutral
Frequently Asked Questions About DKNG Stock
What is DraftKings Inc.'s (DKNG) stock forecast for 2026?
Based on our analysis of 45 Wall Street analysts, DraftKings Inc. (DKNG) has a median price target of $35.00. The highest price target is $76.00 and the lowest is $24.00.
Is DKNG stock a good investment in 2026?
According to current analyst ratings, DKNG has 28 Buy ratings, 7 Hold ratings, and 0 Sell ratings. The stock is currently trading at $25.87. 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 $35.00 in the next 12 months. This represents a 35.3% increase from the current price of $25.87. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is DraftKings Inc.'s business model?
The company generates revenue through online sports betting, iGaming, daily fantasy sports contests, and digital lottery services. It operates a mobile-first sportsbook and offers various gaming products, including non-fungible tokens and retail sportsbook services.
What is the highest forecasted price for DKNG DraftKings Inc.?
The highest price target for DKNG is $76.00 from at , which represents a 193.8% increase from the current price of $25.87.
What is the lowest forecasted price for DKNG DraftKings Inc.?
The lowest price target for DKNG is $24.00 from Carlo Santarelli at Deutsche Bank, which represents a -7.2% decrease from the current price of $25.87.
What is the overall DKNG consensus from analysts for DraftKings Inc.?
The overall analyst consensus for DKNG is bullish. Out of 45 Wall Street analysts, 28 rate it as Buy, 7 as Hold, and 0 as Sell, with a median price target of $35.00.
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: March 15, 2026 8:12 PM UTC