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.
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.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
steven sheeckutz Citi | Buy | $53.0 | maintained | Feb 18, 2024 |
mike hickey Benchmark Co. | Buy | $50.0 | maintained | Feb 16, 2024 |
zachary warring CFRA | Hold | $42.0 | downgraded | Feb 16, 2024 |
joseph greff J.P. Morgan | Buy | $55.0 | reiterated | Feb 16, 2024 |
jeffrey stantial Stifel Nicolaus | Buy | $45.0 | maintained | Feb 16, 2024 |
stephen grambling Morgan Stanley | Buy | $40.0 | maintained | Feb 16, 2024 |
jed kelly Oppenheimer | Buy | $55.0 | rated | Feb 16, 2024 |
bernie mcternan Needham | Buy | $50.0 | maintained | Feb 16, 2024 |
jordan bender JMP Securities | Buy | $42.0 | maintained | Feb 16, 2024 |
joseph stauff Susquehanna | Buy | $51.0 | maintained | Feb 16, 2024 |
david katz Jefferies | Buy | $52.0 | reiterated | Feb 16, 2024 |
brian pitz BMO Capital | Buy | $51.0 | maintained | Feb 16, 2024 |
michael graham Canaccord Genuity | Buy | $54.0 | maintained | Feb 15, 2024 |
chad beynon Macquarie | Buy | None | maintained | Feb 15, 2024 |
daniel politzer Wells Fargo | Buy | $39.0 | maintained | Feb 15, 2024 |
brandt montour Barclays | Hold | $41.0 | maintained | Feb 15, 2024 |
clark lampen BTIG | Buy | $47.0 | maintained | Jan 25, 2024 |
alistair johnson Exane BNP Paribas | Sell | $28.0 | downgraded | Jan 19, 2024 |
robin m. farley UBS | Buy | $44.0 | maintained | Jan 18, 2024 |
ryan sigdahl Craig-Hallum | Buy | $45.0 | rated | Jan 9, 2024 |
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.
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
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
Revenue From 2020
Revenue From 2021
Revenue From 2022
$80.04
LPLA-USD
$257.66
$63.88
ALNY-USD
$162.81
EXPE-USD
$134.64
ENTG-USD
$134.34