​

DraftKings (DKNG) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

DKNG Stock Forecast

DraftKings (DKNG) stock forecast, based on 43 Wall Street analysts, predicts a 12-month average price target of $54.90, with a high of $65.00 and a low of $33.00. This represents a 63.30% increase from the last price of $33.62.

$30 $37 $44 $51 $58 $65 High: $65 Avg: $54.9 Low: $33 Last Closed Price: $33.62

DKNG Stock Rating

DraftKings stock's rating consensus is Buy, based on 43 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 35 Buy (81.40%), 6 Hold (13.95%), 2 Sell (4.65%), and 0 Strong Sell (0.00%).

Buy
Total 43 0 2 6 35 Strong Sell Sell Hold Buy Strong Buy

DKNG Price Target Upside V Benchmarks

TypeNameUpside
StockDraftKings63.30%
SectorConsumer Cyclical Stocks 27.48%
IndustryGambling, Resorts & Casinos Stocks 50.47%
IdeaNFT Stocks Stocks List36.10%
IdeaGaming Stocks List33.98%

Price Target Trends

1M3M12M
# Anlaysts2638
Avg Price Target$58.50$59.17$52.08
Last Closing Price$33.62$33.62$33.62
Upside/Downside74.00%76.00%54.91%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 257215--33
Mar, 259225--36
Feb, 258226--36
Jan, 259217--37
Dec, 249207--36
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Apr 13, 2025David KatzJefferies$60.00$34.2275.34%78.47%
Apr 02, 2025Jordan BenderJMP Securities$57.00$34.4365.55%69.54%
Feb 18, 2025Needham$65.00$50.9527.58%93.34%
Feb 18, 2025John StaszakArgus Research$60.00$53.4912.17%78.47%
Feb 03, 2025Clark LampenBTIG$59.00$41.3942.55%75.49%
Jan 29, 2025John DeCreeCBRE$54.00$41.9028.88%60.62%
Nov 08, 2024Carlo SantarelliDeutsche Bank$33.00$36.51-9.61%-1.84%
Nov 08, 2024Zachary WarringCFRA$46.00$40.1314.63%36.82%
Nov 08, 2024Matt FarrellPiper Sandler$53.00$40.1332.07%57.64%
Oct 18, 2024Jed KellyMizuho Securities$62.00$37.6564.67%84.41%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Apr 13, 2025JefferiesBuyBuyhold
Apr 02, 2025CitigroupOutperformOutperformhold
Feb 18, 2025NeedhamBuyBuyhold
Feb 04, 2025Cowen & Co.BuyBuyhold
Feb 03, 2025BTIGBuyBuyhold
Jan 29, 2025CBREBuyupgrade
Jan 14, 2025Morgan StanleyOverweightOverweighthold
Dec 18, 2024Deutsche BankHoldHoldhold
Nov 12, 2024BTIGBuyBuyhold
Nov 12, 2024Cowen & Co.BuyBuyhold

Financial Forecast

EPS Forecast

$-4 $-3 $-2 $-1 $0 $1 $2 $3 $4 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-2.76$-3.79$-3.15$-1.73$-1.05----
Avg Forecast$-1.90$-3.61$-3.22$-1.53$-0.87$0.57$1.42$1.98$3.24
High Forecast$-1.79$-3.40$-2.99$-1.36$-0.74$1.10$1.94$2.21$3.35
Low Forecast$-2.00$-3.80$-3.31$-1.65$-0.96$-0.19$0.89$1.75$2.97
Surprise %45.26%4.99%-2.17%13.07%20.69%----

Revenue Forecast

$500M $2B $4B $6B $8B $10B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$614.53M$1.30B$2.24B$3.67B$4.77B----
Avg Forecast$551.11M$1.27B$2.19B$3.66B$4.83B$6.40B$7.51B$8.37B$9.24B
High Forecast$573.14M$1.32B$2.24B$3.72B$4.96B$6.51B$7.53B$8.54B$9.47B
Low Forecast$526.07M$1.21B$2.07B$3.59B$4.68B$6.30B$7.50B$8.19B$8.64B
Surprise %11.51%2.23%2.44%0.15%-1.23%----

Net Income Forecast

$-3B $-2B $-700M $200M $1B $2B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-843.70M$-1.53B$-1.38B$-802.14M$-507.29M----
Avg Forecast$-489.93M$-1.22B$-1.73B$-802.14M$-417.06M$279.75M$749.77M$915.95M$1.50B
High Forecast$-391.84M$-974.32M$-1.39B$-641.71M$-342.92M$507.30M$896.36M$1.02B$1.55B
Low Forecast$-588.02M$-1.46B$-2.08B$-962.57M$-442.76M$-87.68M$411.05M$810.57M$1.37B
Surprise %72.21%25.29%-20.71%-21.64%----

DKNG Forecast FAQ

Is DraftKings stock a buy?

DraftKings stock has a consensus rating of Buy, based on 43 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 35 Buy, 6 Hold, 2 Sell, and 0 Strong Sell, reflecting a consensus that DraftKings is a favorable investment for most analysts.

What is DraftKings's price target?

DraftKings's price target, set by 43 Wall Street analysts, averages $54.9 over the next 12 months. The price target range spans from $33 at the low end to $65 at the high end, suggesting a potential 63.30% change from the previous closing price of $33.62.

How does DraftKings stock forecast compare to its benchmarks?

DraftKings's stock forecast shows a 63.30% upside, outperforming the average forecast for the consumer cyclical stocks sector (27.48%) and outperforming the gambling, resorts & casinos stocks industry (50.47%), leading the nft stocks stocks list (36.10%) and gaming stocks list (33.98%) investment ideas.

What is the breakdown of analyst ratings for DraftKings over the past three months?

  • April 2025: 21.21% Strong Buy, 63.64% Buy, 15.15% Hold, 0% Sell, 0% Strong Sell.
  • March 2025: 25.00% Strong Buy, 61.11% Buy, 13.89% Hold, 0% Sell, 0% Strong Sell.
  • February 2025: 22.22% Strong Buy, 61.11% Buy, 16.67% Hold, 0% Sell, 0% Strong Sell.

What is DraftKings’s EPS forecast?

DraftKings's average annual EPS forecast for its fiscal year ending in December 2025 is $0.57, marking a -154.29% decrease from the reported $-1.05 in 2024. Estimates for the following years are $1.42 in 2026, $1.98 in 2027, and $3.24 in 2028.

What is DraftKings’s revenue forecast?

DraftKings's average annual revenue forecast for its fiscal year ending in December 2025 is $6.4B, reflecting a 34.15% increase from the reported $4.77B in 2024. The forecast for 2026 is $7.51B, followed by $8.37B for 2027, and $9.24B for 2028.

What is DraftKings’s net income forecast?

DraftKings's net income forecast for the fiscal year ending in December 2025 stands at $279.75M, representing a -155.15% decrease from the reported $-507M in 2024. Projections indicate $749.77M in 2026, $915.95M in 2027, and $1.5B in 2028.