DKNGDKNGConsumer Cyclical · Gambling

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

Last close, 30 Oct 2026
$21
+1.01% on the day

The 36 Wall Street analysts covering DraftKings, Inc. hold a median 12-month price target of $31 — +47.5% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 35 of 100 as at 31 Oct 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
$10.3B
Ticker Nerd rank
35/ 100
Median analyst target
$31
Analysts covering
36
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
+0.1%
1M
+10.2%
YTD
−39.3%
1Y
−30.6%
From 52W high
−42.2%
From 52W low
+12.6%
$19
$36
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 31 Oct 2026
35/ 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
85
Issuance
57
Growth
57
Value
34
Revisions
30
Volatility
25
Momentum
13
Size
10

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

Momentum (13): 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 systematic trader with 15+ 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$80Jan 26Apr 26Jul 26Oct 26DKNGHigh $76Median $31Low $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 says36 analysts
30 Buy5 Hold1 Sell
Low $20Median $31High $76

The green dot is the last close — the median target sits +47.5% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 2 moved their price target up and 9 moved it down.

DateFirmActionRatingTarget
29 Oct 2026BTIGMaintainsBuy$25 → $26
26 Oct 2026StifelMaintainsBuy$36 → $32
23 Oct 2026Canaccord GenuityMaintainsBuy$44 → $40
20 Oct 2026JP MorganMaintainsOverweight$33 → $30
20 Oct 2026JP MorganMaintainsOverweight—
20 Oct 2026Truist SecuritiesMaintainsBuy—
20 Oct 2026Truist SecuritiesMaintainsBuy$29 → $26
19 Oct 2026Morgan StanleyMaintainsOverweight—
19 Oct 2026Morgan StanleyMaintainsOverweight$36 → $31
19 Oct 2026Wells FargoMaintainsOverweight$29 → $30
19 Oct 2026Wells FargoMaintainsOverweight—
12 Oct 2026CitigroupMaintainsBuy$32 → $28
12 Oct 2026CitigroupMaintainsBuy—
8 Oct 2026SusquehannaMaintainsPositive$33 → $27
8 Oct 2026SusquehannaMaintainsPositive—
7 Oct 2026GuggenheimMaintainsBuy$33 → $30
7 Oct 2026GuggenheimMaintainsBuy—
7 Oct 2026MacquarieMaintainsOutperform—
7 Oct 2026MacquarieMaintainsOutperform$38 → $34
5 Oct 2026B of A SecuritiesUpgradeBuy—

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.

DKNG appears in the Radar on the weeks it earns a place.

  • Market Radar, every Monday: the week's biggest rank moves across ~4,600 US stocks, and the reason for each.
  • The AI build-out map, free: every AI company we track, part by part, and one part in full with each verdict.

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The AI build-out map
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  • AI cloud capacity

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  • AI chips

    NVDAAVGOAMDMU

  • AI networking and serversIn full

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  • Data centre power

    VRTCEGGEVVST

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 30 Oct 2026, DraftKings, Inc. returned −30.6% against +12.4% for the S&P 500, dividends included.

DKNG vs S&P 500, last 12 monthsTotal return, rebased to 100
60708090100110120Jan 26Apr 26Jul 26Oct 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 movingThis fiscal year
EPS revision, 90 days
−17.4%
Analysts raising
1
Analysts cutting
1
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
1.6×

Cheaper than 57% of US stocks

Price / book
17.8×

Cheaper than 5% of US stocks

EV / EBITDA
91.3×

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 27% of US stocks

Net margin
−2.7%

Higher than 26% 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
0.0%

Higher than 1% of US dividend payers

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 $10.3B and an enterprise value of $11.2B.

  • 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: 12.0× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 0.00%, paying out 0% of 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 30 Oct 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.$10.3B35
FLUTFlutter Entertainment Plc$14.5B21
CHDNChurchill Downs, Inc.$6.6B67
SGHCSuper Group (SGHC) Ltd.$5.4B44
RSIRush Street Interactive, Inc.$2.8B75
BRSLBrightstar Lottery Plc$1.8B45
ACELAccel Entertainment, Inc.$922.4M99

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 and Leisure Properties: 3 Key Takeaways for Long-Term Investors

The Motley Fool · 1 Nov 2026neutral

Gaming and Leisure Properties set 2026 AFFO guidance at $4.11 to $4.12 per share and said total real estate development spend will reach $800 million in 2026.

Why it matters — The item concerns a gaming-industry real estate company, offering context for DKNG watchers on property-sector investment and development.

Gaming and Leisure Properties, Inc. (GLPI) Q3 2026 Earnings Call Transcript

Seeking Alpha · 30 Oct 2026neutral

Gaming and Leisure Properties held its Q3 2026 earnings call on October 30, 2026. The excerpt lists company executives and conference-call participants but provides no discussion of results or business developments.

Why it matters — The excerpt contains no information about DraftKings or developments that would affect a DKNG watcher.

Gaming and Leisure Properties Q3 Earnings Call Highlights

MarketBeat · 30 Oct 2026neutral

Gaming and Leisure Properties reported third-quarter AFFO growth exceeding 10%, supported by acquisitions, lease escalations and development funding. Management said regional gaming markets remained resilient amid volatility in debt and equity capital markets.

Why it matters — The update offers context on conditions in regional gaming markets that may interest DKNG watchers.

DraftKings Inc. (DKNG) is Attracting Investor Attention: Here is What You Should Know

Zacks Investment Research · 30 Oct 2026neutral

Zacks Investment Research reports that DraftKings has recently drawn increased attention from users of Zacks.com, prompting an examination of the stock.

Why it matters — DKNG watchers may note the increased user attention, although the excerpt provides no company developments or stock outlook.

DraftKings CEO Robins Sees ‘Extraordinary' Opportunity As Prediction Markets Reshape Sports Betting

CNBC Television · 29 Oct 2026neutral

DraftKings CEO and co-founder Jason Robins discussed the importance of the NFL season, the promise of prediction markets, an evolving regulatory landscape, and DraftKings’ use of artificial intelligence in an interview with CNBC’s Contessa Brewer.

Why it matters — The topics highlighted may inform DKNG watchers about the opportunities and challenges Robins sees in areas relevant to DraftKings’ business.

FAQ

Frequently asked questions about DKNG stock

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

The 36 Wall Street analysts covering DraftKings, Inc. have a median 12-month price target of $31, 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 36 analysts covering DraftKings, Inc., 30 rate it a Buy, 5 a Hold and 1 a Sell. Ticker Nerd's systematic factor model ranks DraftKings, Inc. 35 out of 100 across roughly 4,600 US stocks as at 31 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank DKNG?

As at 31 Oct 2026, DraftKings, Inc. ranks 35 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 36 analysts implies +47.5% from the last close, and Ticker Nerd's factor model ranks DraftKings, Inc. 35 out of 100 as at 31 Oct 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 -30.6% over the 12 months to 30 Oct 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 (The Motley Fool, 1 Nov 2026): "Gaming and Leisure Properties: 3 Key Takeaways for Long-Term Investors". Gaming and Leisure Properties set 2026 AFFO guidance at $4.11 to $4.12 per share and said total real estate development spend will reach $800 million in 2026.

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