NASDAQ:DKNG - DraftKings Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $30.23
  • Forecasted Upside: 63.04 %
  • Number of Analysts: 21
  • Breakdown:
  • 0 Sell Ratings
  • 11 Hold Ratings
  • 10 Buy Ratings
  • 0 Strong Buy Ratings
$18.54
▼ -0.81 (-4.19%)

This chart shows the closing price for DKNG by one month, three months, or twelve months.

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Analyst Price Target for DKNG

Analyst Price Target is $30.23
▲ +63.04% Upside Potential
This price target is based on 21 analysts offering 12 month price targets for DraftKings in the last 3 months. The average price target is $30.23, with a high forecast of $85.00 and a low forecast of $16.00. The average price target represents a 63.04% upside from the last price of $18.54.

This chart shows the closing price for DKNG for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 21 contributing investment analysts is to hold stock in DraftKings. This rating changed within the last month from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 19 buy ratings
  • 7 hold ratings
  • 0 sell ratings
2/18/2021
  • 0 strong buy ratings
  • 19 buy ratings
  • 7 hold ratings
  • 0 sell ratings
5/19/2021
  • 0 strong buy ratings
  • 18 buy ratings
  • 7 hold ratings
  • 0 sell ratings
8/17/2021
  • 0 strong buy ratings
  • 18 buy ratings
  • 9 hold ratings
  • 0 sell ratings
11/15/2021
  • 0 strong buy ratings
  • 15 buy ratings
  • 10 hold ratings
  • 0 sell ratings
2/13/2022
  • 0 strong buy ratings
  • 11 buy ratings
  • 10 hold ratings
  • 0 sell ratings
5/14/2022
  • 0 strong buy ratings
  • 13 buy ratings
  • 11 hold ratings
  • 0 sell ratings
7/13/2022
  • 0 strong buy ratings
  • 10 buy ratings
  • 11 hold ratings
  • 0 sell ratings
8/12/2022

Latest Recommendations

  • 0 strong buy ratings
  • 10 buy ratings
  • 11 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
8/9/2022BenchmarkBoost Price Target$30.00N/A
8/8/2022Morgan StanleyLower Price TargetOverweight ➝ Overweight$31.00 ➝ $30.00Low
8/8/2022Truist FinancialBoost Price TargetHold$16.00 ➝ $20.00Low
8/8/2022BarclaysBoost Price TargetEqual Weight$14.00 ➝ $18.00Low
7/20/2022Truist FinancialLower Price TargetHold$18.00 ➝ $16.00Low
7/7/2022CitigroupLower Price TargetBuy$26.00 ➝ $20.00N/A
6/28/2022BarclaysInitiated CoverageEqual Weight$14.00Low
6/28/2022JMP SecuritiesInitiated CoverageOutperform$25.00Low
6/23/2022Morgan StanleyReiterated RatingOverweight$31.00Low
5/31/2022CitigroupLower Price TargetBuy$35.00 ➝ $28.00High
5/16/2022Jefferies Financial GroupInitiated CoverageBuy ➝ BuyLow
5/9/2022Northland SecuritiesLower Price Target$40.00 ➝ $25.00High
5/9/2022Craig HallumLower Price Target$40.00 ➝ $30.00High
5/9/2022Canaccord Genuity GroupLower Price Target$40.00 ➝ $34.00High
5/9/2022OppenheimerLower Price Target$32.00 ➝ $24.00High
5/9/2022Needham & Company LLCLower Price Target$32.00 ➝ $25.00High
5/9/2022Deutsche Bank AktiengesellschaftLower Price Target$19.00 ➝ $16.00High
5/9/2022Loop CapitalLower Price Target$35.00 ➝ $25.00High
5/4/2022CowenLower Price Target$60.00 ➝ $50.00High
3/17/2022UBS GroupLower Price TargetNeutral$44.00 ➝ $18.00High
3/7/2022ArgusDowngradeBuy ➝ HoldHigh
3/4/2022UBS GroupReiterated RatingHold$44.00High
2/23/2022CitigroupLower Price TargetBuy$40.00 ➝ $35.00High
2/22/2022OppenheimerLower Price TargetOutperform$35.00 ➝ $32.00High
2/22/2022Canaccord Genuity GroupLower Price TargetBuy ➝ Buy$65.00 ➝ $55.00High
2/22/2022Canaccord Genuity GroupLower Price TargetBuy$65.00 ➝ $55.00High
2/22/2022Craig HallumLower Price Target$51.00 ➝ $40.00High
2/22/2022Roth CapitalUpgradeSell ➝ Neutral$23.00 ➝ $19.00High
2/22/2022Northland SecuritiesLower Price Target$45.00 ➝ $40.00High
2/22/2022Truist FinancialLower Price TargetHold$30.00 ➝ $22.00High
2/22/2022Bank of AmericaLower Price TargetNeutral$30.00 ➝ $25.00High
2/22/2022Deutsche Bank AktiengesellschaftLower Price TargetHold$27.00 ➝ $19.00High
2/22/2022Wells Fargo & CompanyDowngradeOverweight ➝ Equal Weight$41.00 ➝ $19.00High
2/22/2022Needham & Company LLCLower Price TargetBuy$46.00 ➝ $32.00High
2/21/2022Morgan StanleyUpgradeBuy$31.00High
2/17/2022CowenLower Price Target$70.00 ➝ $60.00High
2/14/2022OppenheimerLower Price Target$70.00 ➝ $35.00High
1/26/2022Morgan StanleyUpgradeEqual Weight ➝ Overweight$31.00High
1/21/2022Needham & Company LLCLower Price Target$73.00 ➝ $46.00High
1/21/2022Northland SecuritiesLower Price Target$75.00 ➝ $45.00High
1/18/2022Morgan StanleyLower Price TargetEqual Weight$53.00 ➝ $31.00Medium
1/13/2022Truist FinancialLower Price Target$50.00 ➝ $30.00High
1/12/2022Roth CapitalReiterated RatingSell$23.00High
1/11/2022Deutsche Bank AktiengesellschaftLower Price Target$46.00 ➝ $27.00High
1/4/2022Craig HallumLower Price Target$70.00 ➝ $51.00High
12/23/2021Wells Fargo & CompanyReiterated RatingBuy$41.00Low
12/17/2021Wells Fargo & CompanyLower Price TargetOverweight$58.00 ➝ $41.00High
12/13/2021Moffett NathansonInitiated CoverageNeutral$36.00High
12/7/2021CBRE GroupInitiated CoverageHold$36.00High
12/7/2021CitigroupInitiated CoverageHold$36.00Medium
11/15/2021Roth CapitalLower Price TargetNeutral ➝ Sell$39.00 ➝ $34.00Low
11/11/2021CitigroupLower Price TargetBuy$66.00 ➝ $58.00Low
11/9/2021BTIG ResearchReiterated RatingHoldMedium
11/8/2021Roth CapitalLower Price TargetSell$41.00 ➝ $39.00Low
11/8/2021Deutsche Bank AktiengesellschaftLower Price TargetHold$51.00 ➝ $46.00Low
11/8/2021Truist FinancialLower Price TargetHold$55.00 ➝ $50.00Low
11/8/2021OppenheimerLower Price TargetOutperform$80.00 ➝ $70.00Low
11/2/2021Morgan StanleyInitiated CoverageEqual Weight$53.00Medium
10/27/2021BTIG ResearchInitiated CoverageNeutralMedium
10/12/2021Roth CapitalInitiated CoverageSell$41.00Low
10/11/2021CitigroupInitiated CoverageBuy$66.00Medium
9/15/2021Credit Suisse GroupReiterated RatingBuy$85.00Low
9/14/2021Wells Fargo & CompanyInitiated CoverageOverweight$73.00Low
9/14/2021Craig HallumBoost Price TargetBuy$60.00 ➝ $70.00Medium
8/9/2021Needham & Company LLCInitiated CoverageBuy$73.00High
8/9/2021Northland SecuritiesBoost Price TargetOutperform$70.00 ➝ $75.00High
8/9/2021BenchmarkBoost Price TargetBuy$64.00 ➝ $70.00High
7/29/2021Morgan StanleyBoost Price TargetOverweight$58.00 ➝ $60.00Medium
7/28/2021The Goldman Sachs GroupLower Price TargetBuy$77.00 ➝ $73.00High
7/7/2021OppenheimerInitiated CoverageBuy$80.00Medium
6/2/2021Morgan StanleyLower Price TargetOverweight$63.00 ➝ $58.00Medium
5/24/2021ArgusLower Price TargetBuy$78.00 ➝ $60.00High
5/12/2021Berenberg BankUpgradeSell ➝ Hold$41.00 ➝ $42.50High
5/10/2021Craig HallumLower Price TargetBuy$70.00 ➝ $60.00Medium
5/10/2021Morgan StanleyLower Price TargetOverweight$66.00 ➝ $63.00High
5/10/2021Needham & Company LLCLower Price TargetBuy$81.00 ➝ $73.00High
5/7/2021Cannonball ResearchReiterated RatingBuy$80.00High
5/3/2021CowenUpgradeMarket Perform ➝ Outperform$70.00Low
4/30/2021OppenheimerInitiated CoverageBuy$75.00Low
4/30/2021GuggenheimInitiated CoverageBuy$75.00Low
4/26/2021Needham & Company LLCInitiated CoverageBuy$81.00Low
3/23/2021The Goldman Sachs GroupBoost Price TargetBuy$79.00 ➝ $87.00Medium
3/16/2021Jefferies Financial GroupReiterated RatingBuy$73.00 ➝ $75.00Medium
3/10/2021Jefferies Financial GroupBoost Price TargetBuy$73.00 ➝ $75.00High
3/10/2021BenchmarkBoost Price TargetBuy$69.00 ➝ $75.00High
3/10/2021Credit Suisse GroupBoost Price TargetOutperform$84.00 ➝ $85.00High
3/10/2021MacquarieBoost Price TargetOutperform$71.00 ➝ $73.00High
3/8/2021Rosenblatt SecuritiesBoost Price TargetBuy$72.00 ➝ $81.00Medium
3/1/2021Piper SandlerBoost Price Target$58.00 ➝ $67.00Low
3/1/2021Craig HallumBoost Price TargetPositive ➝ Buy$65.00 ➝ $70.00Low
3/1/2021Morgan StanleyBoost Price TargetOverweight$60.00 ➝ $66.00Low
3/1/2021Northland SecuritiesBoost Price TargetOutperform$55.00 ➝ $70.00Low
3/1/2021Rosenblatt SecuritiesBoost Price TargetBuy$65.00 ➝ $72.00Low
3/1/2021Needham & Company LLCReiterated RatingBuy$80.00Low
3/1/2021BenchmarkBoost Price TargetBuy$66.00 ➝ $69.00Low
3/1/2021UBS GroupBoost Price TargetNeutral$52.00 ➝ $65.00Low
3/1/2021The Goldman Sachs GroupBoost Price TargetBuy$71.00 ➝ $73.00Low
2/19/2021OppenheimerBoost Price Target$65.00 ➝ $80.00Low
2/1/2021BenchmarkBoost Price TargetBuy$60.00 ➝ $66.00Low
1/26/2021Sanford C. BernsteinInitiated CoverageOutperform$71.00Medium
1/26/2021The Goldman Sachs GroupUpgradeNeutral ➝ Buy$45.00 ➝ $65.00Medium
1/20/2021Morgan StanleyUpgradeEqual Weight ➝ Overweight$39.00 ➝ $60.00Low
1/19/2021Berenberg BankInitiated CoverageSell$41.00Low
1/14/2021Truist FinancialBoost Price Target$48.00 ➝ $60.00Medium
12/18/2020Bank of AmericaBoost Price Target$55.00 ➝ $60.00Low
12/7/2020JPMorgan Chase & Co.Initiated CoverageNeutral$48.00 ➝ $48.00High
11/24/2020UBS GroupInitiated CoverageNeutral$52.00Low
11/19/2020Piper SandlerInitiated CoverageOverweight$58.00Medium
11/16/2020Loop CapitalInitiated CoverageBuy$100.00High
11/16/2020Northland SecuritiesBoost Price TargetOutperform$50.00 ➝ $55.00Medium
11/16/2020Deutsche Bank AktiengesellschaftLower Price TargetHold$48.00 ➝ $46.00Medium
11/16/2020Morgan StanleyBoost Price TargetEqual Weight$37.00 ➝ $39.00Low
11/4/2020OppenheimerReiterated RatingBuy$65.00Medium
10/13/2020Rosenblatt SecuritiesBoost Price TargetBuy$60.00 ➝ $65.00Low
10/12/2020BenchmarkBoost Price TargetBuy$57.00 ➝ $60.00Low
10/12/2020OppenheimerBoost Price TargetOutperform$55.00 ➝ $65.00Low
10/12/2020Credit Suisse GroupInitiated CoverageOutperform$76.00Low
10/12/2020Deutsche Bank AktiengesellschaftInitiated CoverageHold$48.00Low
10/8/2020Truist FinancialBoost Price Target$39.00 ➝ $60.00Low
10/8/2020CowenInitiated CoverageMarket Perform$55.00High
9/30/2020Needham & Company LLCInitiated CoverageBuy$70.00High
9/25/2020ArgusInitiated CoverageBuy$65.00Medium
9/24/2020MacquarieInitiated CoverageOutperform$65.00 ➝ $65.00Medium
9/15/2020Craig HallumBoost Price Target$48.00 ➝ $60.00High
9/15/2020OppenheimerBoost Price Target$50.00 ➝ $55.00High
9/15/2020BenchmarkBoost Price TargetBuy$45.00 ➝ $57.00Low
9/14/2020Wolfe ResearchInitiated CoveragePeer PerformHigh
9/9/2020Evercore ISIInitiated CoverageOutperform$60.00High
9/8/2020Bank of AmericaInitiated CoverageNeutral$40.00Low
9/2/2020Truist FinancialInitiated CoverageHold$39.00 ➝ $39.00High
8/28/2020Morgan StanleyDowngradeOverweight ➝ Equal Weight$37.00High
8/26/2020OppenheimerReiterated RatingBuy$50.00High
8/24/2020Rosenblatt SecuritiesReiterated RatingBuy$60.00High
8/19/2020Northland SecuritiesReiterated RatingBuy$50.00Medium
8/17/2020Jefferies Financial GroupReiterated RatingBuy$55.00Medium
8/17/2020BenchmarkLower Price TargetBuy$47.00 ➝ $45.00Low
8/16/2020Rosenblatt SecuritiesReiterated RatingBuy$60.00Low
8/14/2020Morgan StanleyBoost Price TargetOverweight$25.00 ➝ $26.00Medium
7/31/2020BenchmarkInitiated CoverageBuy$47.00High
7/26/2020OppenheimerInitiated CoverageBuy$46.00High
7/1/2020OppenheimerInitiated CoverageBuy$46.00Medium
6/30/2020StephensInitiated CoverageOverweight$52.00Low
6/25/2020Rosenblatt SecuritiesInitiated CoverageBuy$60.00High
6/24/2020The Goldman Sachs GroupBoost Price TargetNeutral$32.00 ➝ $34.00High
6/23/2020OppenheimerReiterated RatingBuy$48.00High
6/22/2020Jefferies Financial GroupInitiated CoverageBuy$55.00 ➝ $55.00High
6/12/2020Craig HallumReiterated RatingBuyHigh
6/10/2020OppenheimerInitiated CoverageOutperform$48.00 ➝ $48.00High
6/7/2020Northland SecuritiesReiterated RatingBuyHigh
6/5/2020Northland SecuritiesBoost Price TargetOutperform ➝ Positive$33.00 ➝ $50.00High
6/3/2020Susquehanna BancsharesBoost Price Target$35.00 ➝ $48.00High
5/26/2020Cannonball ResearchInitiated CoverageBuy$35.00High
5/19/2020The Goldman Sachs GroupInitiated CoverageNeutral$32.00Low
5/18/2020Morgan StanleyBoost Price TargetOverweight$23.00 ➝ $25.00High
5/18/2020Northland SecuritiesReiterated RatingAverage ➝ Outperform$24.00 ➝ $33.00High
5/14/2020Craig HallumBoost Price TargetBuy$25.00 ➝ $30.00High
5/14/2020Susquehanna BancsharesInitiated CoveragePositive$33.00High
5/11/2020Northland SecuritiesReiterated RatingBuy$24.00Low
5/4/2020Northland SecuritiesInitiated CoverageOutperform$24.00High
4/30/2020Morgan StanleyInitiated CoverageOverweight$23.00Low
4/24/2020Craig HallumBoost Price TargetBuy$20.00 ➝ $25.00N/A
(Data available from 8/12/2017 forward)

News Sentiment Rating

0.38 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 11 very positive mentions
  • 19 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
1/14/2022
  • 25 very positive mentions
  • 19 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
2/13/2022
  • 12 very positive mentions
  • 34 positive mentions
  • 7 negative mentions
  • 5 very negative mentions
3/15/2022
  • 7 very positive mentions
  • 16 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
4/14/2022
  • 15 very positive mentions
  • 26 positive mentions
  • 6 negative mentions
  • 0 very negative mentions
5/14/2022
  • 6 very positive mentions
  • 18 positive mentions
  • 2 negative mentions
  • 2 very negative mentions
6/13/2022
  • 5 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/13/2022
  • 7 very positive mentions
  • 23 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
8/12/2022

Current Sentiment

  • 7 very positive mentions
  • 23 positive mentions
  • 4 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.
DraftKings logo
DraftKings Inc. operates a digital sports entertainment and gaming company. It offers multi-channel sports betting and gaming technologies, powering sports and gaming entertainment for operators in 17 countries. The company operates iGaming through its DraftKings brand in 5 states, as well as operates Golden Nugget Online Gaming, an iGaming product and gaming brand in 3 states. Its Sportsbook is live with mobile and/or retail betting operations in the United States pursuant to regulations in 18 states. The company's daily fantasy sports product is available in 6 countries internationally with 15 distinct sports categories. In addition, it offers DraftKings Marketplace, a digital collectibles ecosystem designed for mainstream accessibility that offers curated NFT drops and supports secondary-market transactions, as well as owns Vegas Sports Information Network (VSiN), a multi-platform broadcast and content company. DraftKings Inc. was founded in 2011 and is headquartered in Boston, Massachusetts.
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Today's Range

Now: $18.54
Low: $18.52
High: $20.30

50 Day Range

MA: $13.50
Low: $10.72
High: $19.35

52 Week Range

Now: $18.54
Low: $9.77
High: $64.58

Volume

27,852,104 shs

Average Volume

21,117,038 shs

Market Capitalization

$15.60 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

2.03

Frequently Asked Questions

What sell-side analysts currently cover shares of DraftKings?

The following Wall Street research analysts have issued stock ratings on DraftKings in the last twelve months: Argus, Bank of America Co., Barclays PLC, Benchmark Co., BTIG Research, Canaccord Genuity Group Inc., CBRE Group, Inc., Citigroup Inc., Cowen Inc, Craig Hallum, Credit Suisse Group AG, Deutsche Bank Aktiengesellschaft, Jefferies Financial Group Inc., JMP Securities, Loop Capital, Moffett Nathanson, Morgan Stanley, Needham & Company LLC, Northland Securities, Oppenheimer Holdings Inc., Roth Capital, Truist Financial Co., UBS Group AG, and Wells Fargo & Company.
View the latest analyst ratings for DKNG.

What is the current price target for DraftKings?

22 Wall Street analysts have set twelve-month price targets for DraftKings in the last year. Their average twelve-month price target is $30.23, suggesting a possible upside of 63.0%. Credit Suisse Group AG has the highest price target set, predicting DKNG will reach $85.00 in the next twelve months. Deutsche Bank Aktiengesellschaft has the lowest price target set, forecasting a price of $16.00 for DraftKings in the next year.
View the latest price targets for DKNG.

What is the current consensus analyst rating for DraftKings?

DraftKings currently has 11 hold ratings and 10 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in DKNG, but not buy more shares or sell existing shares.
View the latest ratings for DKNG.

What other companies compete with DraftKings?

How do I contact DraftKings' investor relations team?

DraftKings' physical mailing address is 2121 AVENUE OF THE STARS SUITE 2300, LOS ANGELES CA, 90067. The company's listed phone number is 617-986-6744 and its investor relations email address is [email protected] The official website for DraftKings is www.draftkings.com. Learn More about contacing DraftKings investor relations.