DKNGConsumer Cyclical · GamblingThe 37 Wall Street analysts covering DraftKings, Inc. hold a median 12-month price target of $33 — +68.5% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 38 of 100 as at 8 Oct 2026 — in the lower half. The Street sees upside; the factor read is a caution. That gap is the story on this page.
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.
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): 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 (11): 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.
The bullish and bearish analyst opinions on DKNG, reported as data — targets and ratings, the market's view beside the model's.
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
The green dot is the last close — the median target sits +68.5% from it.
Of the 20 most recent actions, 3 moved their price target up and 6 moved it down.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 8 Oct 2026 | Susquehanna | Maintains | Positive | $33 → $27 |
| 7 Oct 2026 | Guggenheim | Maintains | Buy | $33 → $30 |
| 7 Oct 2026 | Macquarie | Maintains | Outperform | $38 → $34 |
| 5 Oct 2026 | B of A Securities | Upgrade | Buy | $27 |
| 1 Oct 2026 | BTIG | Maintains | Buy | $30 → $25 |
| 24 Sept 2026 | Citizens | Maintains | Market Outperform | — |
| 24 Sept 2026 | Citizens | Maintains | Market Outperform | $37 → $35 |
| 18 Sept 2026 | Needham | Reiterates | Buy | $35 |
| 18 Sept 2026 | Needham | Reiterates | Buy | — |
| 18 Sept 2026 | UBS | Maintains | Buy | $49 → $48 |
| 18 Sept 2026 | UBS | Maintains | Buy | — |
| 8 Sept 2026 | Citizens | Maintains | Market Outperform | $36 → $37 |
| 8 Sept 2026 | Citizens | Maintains | Market Outperform | — |
| 3 Sept 2026 | Bernstein | Maintains | Outperform | $27 → $29 |
| 3 Sept 2026 | Bernstein | Maintains | Outperform | — |
| 2 Sept 2026 | Wolfe Research | Initiates | Outperform | $40 |
| 2 Sept 2026 | Wolfe Research | Initiates | Outperform | — |
| 11 Aug 2026 | Citigroup | Maintains | Buy | $30 → $32 |
| 11 Aug 2026 | Citigroup | Maintains | Buy | — |
| 11 Aug 2026 | Macquarie | Maintains | Outperform | $38 |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
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.
Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 9 Oct 2026, DraftKings, Inc. returned −44.4% against +16.6% for the S&P 500, dividends included.
Download this chart as an image — free to reuse; link this page as the source.
Data provided by Twelve Data
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 3% of US stocks
Cheaper than 58% of US stocks
Cheaper than 6% of US stocks
Cheaper than 2% of US stocks
Higher than 20% of US stocks
Higher than 31% of US stocks
Higher than 47% of US stocks
Higher than 28% of US stocks
Higher than 27% of US stocks
Higher than 31% of US stocks
Higher than 36% of US stocks
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.
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 $9.7B and an enterprise value of $10.4B.
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.
Trailing P/E: 240.3×; forward P/E: 11.4× — 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.
Data provided by Twelve Data
The nearest names by industry and size, scored by the same model — like for like.
| Company | Market cap | TKN rank |
|---|---|---|
| DKNGDraftKings, Inc. | $9.7B | 38 |
| SGHCSuper Group (SGHC) Ltd. | $5.8B | 51 |
| CHDNChurchill Downs, Inc. | $5.3B | 66 |
| RSIRush Street Interactive, Inc. | $4.7B | 87 |
| BRSLBrightstar Lottery Plc | $1.8B | 46 |
| ACELAccel Entertainment, Inc. | $901.2M | 98 |
| TSCOTractor Supply Co.* | $17.7B | 23 |
* 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 →
A Bank of America analyst who had stayed on the sidelines for a year has turned bullish, arguing that Wall Street estimates for DraftKings are bottoming.
Why it matters — The analyst’s shift in stance and view on estimates offers DKNG watchers a notable change in assessment.
DraftKings closed at $19.15, down 3.04% from its previous close. The headline says the stock fell more than the general market.
Why it matters — DKNG watchers may note the stock’s closing decline and its relative performance versus the general market.
DraftKings' iGaming business is showing signs of recovery, with market share stabilizing, customer acquisition improving and new products gaining traction.
Why it matters — These developments may indicate improving conditions in a business segment that DKNG watchers follow.
Seeking Alpha describes Gaming and Leisure Properties’ regional gaming-asset focus as helping limit exposure to Las Vegas tourism slumps, and highlights its fundamentals, valuation, dividend yield and risks including borrowing costs and seasonal weakness.
Why it matters — GLPI’s gaming-property outlook may provide context on the operating environment for gaming companies such as DraftKings, though the excerpt does not discuss DKNG directly.
MarketBeat says DraftKings is pivoting toward prediction markets as rival Kalshi faces state-level litigation. The excerpt describes the move as opening a roughly $800 million high-margin revenue vertical that could address the impact of sports seasonality on earnings.
Why it matters — The pivot may affect how DKNG watchers assess the company’s revenue mix and exposure to seasonal fluctuations.
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.
Of the 37 analysts covering DraftKings, Inc., 31 rate it a Buy, 5 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 8 Oct 2026. None of this is personal advice — it does not consider your circumstances.
As at 8 Oct 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).
No one can know that. What the data says: the median 12-month target from 37 analysts implies +68.5% from the last close, and Ticker Nerd's factor model ranks DraftKings, Inc. 38 out of 100 as at 8 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
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.
DraftKings, Inc. returned -44.4% over the 12 months to 9 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.
DraftKings Inc. Class A Common Stock represents the equity of DraftKings Inc., a digital sports entertainment and gaming company.
The most recent item we track (24/7 Wall Street, 8 Oct 2026): "DraftKings Is Down 19% in a Month: Did Bank of America Just Call the Bottom?". A Bank of America analyst who had stayed on the sidelines for a year has turned bullish, arguing that Wall Street estimates for DraftKings are bottoming.
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
