NASDAQ:DKNG - DraftKings Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $66.48
  • Forecasted Upside: 14.66 %
  • Number of Analysts: 27
  • Breakdown:
  • 1 Sell Ratings
  • 6 Hold Ratings
  • 20 Buy Ratings
  • 0 Strong Buy Ratings
$57.98
▲ +0.5 (0.87%)
1 month | 3 months | 12 months
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Analyst Price Target for DKNG

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$66.48
▲ +14.66% Upside Potential
This price target is based on 27 analysts offering 12 month price targets for DraftKings in the last 3 months. The average price target is $66.48, with a high forecast of $100.00 and a low forecast of $35.00. The average price target represents a 14.66% upside from the last price of $57.98.
Buy
The current consensus among 27 polled investment analysts is to buy stock in DraftKings.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/25/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/23/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/22/2020
  • 0 strong buy ratings
  • 11 buy ratings
  • 0 hold ratings
  • 0 sell ratings
7/21/2020
  • 0 strong buy ratings
  • 17 buy ratings
  • 4 hold ratings
  • 0 sell ratings
10/19/2020
  • 0 strong buy ratings
  • 19 buy ratings
  • 6 hold ratings
  • 0 sell ratings
1/17/2021
  • 0 strong buy ratings
  • 20 buy ratings
  • 6 hold ratings
  • 1 sell ratings
3/18/2021
  • 0 strong buy ratings
  • 20 buy ratings
  • 6 hold ratings
  • 1 sell ratings
4/17/2021

Latest Recommendations

  • 0 strong buy ratings
  • 20 buy ratings
  • 6 hold ratings
  • 1 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/29/2021The Goldman Sachs GroupBoost Price TargetBuy$79.00 ➝ $87.00N/A
i
3/23/2021The Goldman Sachs GroupBoost Price TargetBuy$79.00 ➝ $87.00Medium
i
3/16/2021Credit Suisse GroupBoost Price TargetOutperform$84.00 ➝ $85.00Medium
i
3/16/2021Jefferies Financial GroupReiterated RatingBuy$73.00 ➝ $75.00Medium
i
3/16/2021BenchmarkBoost Price TargetBuy$69.00 ➝ $75.00Medium
i
3/16/2021MacquarieBoost Price TargetOutperform$71.00 ➝ $73.00Medium
i
3/15/2021Rosenblatt SecuritiesBoost Price TargetBuy$72.00 ➝ $81.00N/A
i
3/10/2021Jefferies Financial GroupBoost Price TargetBuy$73.00 ➝ $75.00High
i
3/10/2021BenchmarkBoost Price TargetBuy$69.00 ➝ $75.00High
i
3/10/2021Credit Suisse GroupBoost Price TargetOutperform$84.00 ➝ $85.00High
i
3/10/2021MacquarieBoost Price TargetOutperform$71.00 ➝ $73.00High
i
3/8/2021Rosenblatt SecuritiesBoost Price TargetBuy$72.00 ➝ $81.00Medium
i
3/8/2021Morgan StanleyBoost Price TargetOverweight$60.00 ➝ $66.00Medium
i
3/8/2021Canaccord GenuityBoost Price TargetBuy$65.00 ➝ $80.00N/A
i
3/1/2021Piper SandlerBoost Price Target$58.00 ➝ $67.00Low
i
3/1/2021Craig HallumBoost Price TargetPositive ➝ Buy$65.00 ➝ $70.00Low
i
3/1/2021Morgan StanleyBoost Price TargetOverweight$60.00 ➝ $66.00Low
i
3/1/2021Northland SecuritiesBoost Price TargetOutperform$55.00 ➝ $70.00Low
i
3/1/2021Rosenblatt SecuritiesBoost Price TargetBuy$65.00 ➝ $72.00Low
i
3/1/2021Needham & Company LLCReiterated RatingBuy$80.00Low
i
3/1/2021Canaccord GenuityBoost Price TargetBuy$65.00 ➝ $80.00Low
i
3/1/2021BenchmarkBoost Price TargetBuy$66.00 ➝ $69.00Low
i
3/1/2021UBS GroupBoost Price TargetNeutral$52.00 ➝ $65.00Low
i
3/1/2021The Goldman Sachs GroupBoost Price TargetBuy$71.00 ➝ $73.00Low
i
2/25/2021OppenheimerBoost Price TargetOutperform$65.00 ➝ $80.00High
i
2/19/2021OppenheimerBoost Price Target$65.00 ➝ $80.00Low
i
2/1/2021BenchmarkBoost Price TargetBuy$60.00 ➝ $66.00Low
i
1/26/2021Sanford C. BernsteinInitiated CoverageOutperform$71.00Medium
i
1/26/2021The Goldman Sachs GroupUpgradeNeutral ➝ Buy$45.00 ➝ $65.00Medium
i
1/20/2021Morgan StanleyUpgradeEqual Weight ➝ Overweight$39.00 ➝ $60.00Low
i
1/19/2021Berenberg BankInitiated CoverageSell$41.00Low
i
1/14/2021TruistBoost Price Target$48.00 ➝ $60.00Medium
i
12/18/2020Bank of AmericaBoost Price Target$55.00 ➝ $60.00Low
i
12/7/2020JPMorgan Chase & Co.Initiated CoverageNeutral$48.00 ➝ $48.00High
i
11/24/2020UBS GroupInitiated CoverageNeutral$52.00Low
i
11/19/2020Piper SandlerInitiated CoverageOverweight$58.00Medium
i
11/16/2020Loop CapitalInitiated CoverageBuy$100.00High
i
11/16/2020Northland SecuritiesBoost Price TargetOutperform$50.00 ➝ $55.00Medium
i
11/16/2020Deutsche Bank AktiengesellschaftLower Price TargetHold$48.00 ➝ $46.00Medium
i
11/16/2020Morgan StanleyBoost Price TargetEqual Weight$37.00 ➝ $39.00Low
i
11/4/2020OppenheimerReiterated RatingBuy$65.00Medium
i
Rating by Jed Kelly at Oppenheimer Holdings Inc.
10/13/2020Rosenblatt SecuritiesBoost Price TargetBuy$60.00 ➝ $65.00Low
i
Rating by Bernie McTernan at Rosenblatt Securities
10/12/2020BenchmarkBoost Price TargetBuy$57.00 ➝ $60.00Low
i
10/12/2020OppenheimerBoost Price TargetOutperform$55.00 ➝ $65.00Low
i
Rating by Jed Kelly at Oppenheimer Holdings Inc.
10/12/2020Credit Suisse GroupInitiated CoverageOutperform$76.00Low
i
10/12/2020Deutsche Bank AktiengesellschaftInitiated CoverageHold$48.00Low
i
10/8/2020TruistBoost Price Target$39.00 ➝ $60.00Low
i
10/8/2020CowenInitiated CoverageMarket Perform$55.00High
i
9/30/2020Needham & Company LLCInitiated CoverageBuy$70.00High
i
9/25/2020ArgusInitiated CoverageBuy$65.00Medium
i
9/24/2020MacquarieInitiated CoverageOutperform$65.00 ➝ $65.00Medium
i
9/15/2020Craig HallumBoost Price Target$48.00 ➝ $60.00High
i
Rating by Ryan Sigdahl at Craig Hallum
9/15/2020OppenheimerBoost Price Target$50.00 ➝ $55.00High
i
Rating by Jed Kelly at Oppenheimer Holdings Inc.
9/15/2020BenchmarkBoost Price TargetBuy$45.00 ➝ $57.00Low
i
9/14/2020Wolfe ResearchInitiated CoveragePeer PerformHigh
i
9/9/2020Evercore ISIInitiated CoverageOutperform$60.00High
i
9/8/2020Bank of AmericaInitiated CoverageNeutral$40.00Low
i
9/2/2020TruistInitiated CoverageHold$39.00 ➝ $39.00High
i
8/28/2020Morgan StanleyDowngradeOverweight ➝ Equal Weight$37.00High
i
Rating by Thomas Allen at Morgan Stanley
8/26/2020OppenheimerReiterated RatingBuy$50.00High
i
Rating by Jed Kelly at Oppenheimer Holdings Inc.
8/24/2020Rosenblatt SecuritiesReiterated RatingBuy$60.00High
i
Rating by Bernie McTernan at Rosenblatt Securities
8/19/2020Northland SecuritiesReiterated RatingBuy$50.00Medium
i
8/17/2020Jefferies Financial GroupReiterated RatingBuy$55.00Medium
i
Rating by David Katz at Jefferies Financial Group Inc.
8/17/2020BenchmarkLower Price TargetBuy$47.00 ➝ $45.00Low
i
8/17/2020Canaccord GenuityReiterated RatingBuyLow
i
8/16/2020Rosenblatt SecuritiesReiterated RatingBuy$60.00Low
i
Rating by Bernie McTernan at Rosenblatt Securities
8/14/2020Morgan StanleyBoost Price TargetOverweight$25.00 ➝ $26.00Medium
i
Rating by Thomas Allen at Morgan Stanley
7/31/2020BenchmarkInitiated CoverageBuy$47.00High
i
7/26/2020OppenheimerInitiated CoverageBuy$46.00High
i
Rating by Jed Kelly at Oppenheimer Holdings Inc.
7/1/2020OppenheimerInitiated CoverageBuy$46.00Medium
i
Rating by Jed Kelly at Oppenheimer Holdings Inc.
6/30/2020StephensInitiated CoverageOverweight$52.00Low
i
6/25/2020Rosenblatt SecuritiesInitiated CoverageBuy$60.00High
i
6/24/2020The Goldman Sachs GroupBoost Price TargetNeutral$32.00 ➝ $34.00High
i
6/23/2020OppenheimerReiterated RatingBuy$48.00High
i
Rating by Jed Kelly at Oppenheimer Holdings Inc.
6/22/2020Jefferies Financial GroupInitiated CoverageBuy$55.00 ➝ $55.00High
i
6/12/2020Craig HallumReiterated RatingBuyHigh
i
Rating by Ryan Sigdahl at Craig Hallum
6/10/2020OppenheimerInitiated CoverageOutperform$48.00 ➝ $48.00High
i
6/7/2020Northland SecuritiesReiterated RatingBuyHigh
i
6/5/2020Northland SecuritiesBoost Price TargetOutperform ➝ Positive$33.00 ➝ $50.00High
i
6/3/2020Susquehanna BancsharesBoost Price Target$35.00 ➝ $48.00High
i
Rating by Joseph Stauff at Susquehanna Bancshares, Inc.
6/3/2020Canaccord GenuityBoost Price TargetBuy$35.00 ➝ $50.00High
i
5/26/2020Cannonball ResearchInitiated CoverageBuy$35.00High
i
Rating by Vasily Karasyov at Cannonball Research
5/19/2020The Goldman Sachs GroupInitiated CoverageNeutral$32.00Low
i
5/18/2020Morgan StanleyBoost Price TargetOverweight$23.00 ➝ $25.00High
i
Rating by Thomas Allen at Morgan Stanley
5/18/2020Northland SecuritiesReiterated RatingAverage ➝ Outperform$24.00 ➝ $33.00High
i
5/15/2020Canaccord GenuityBoost Price TargetBuy$25.00 ➝ $35.00Low
i
5/14/2020Craig HallumBoost Price TargetBuy$25.00 ➝ $30.00High
i
5/14/2020Susquehanna BancsharesInitiated CoveragePositive$33.00High
i
5/11/2020Northland SecuritiesReiterated RatingBuy$24.00Low
i
5/5/2020Canaccord GenuityInitiated CoverageBuy$25.00Low
i
5/4/2020Northland SecuritiesInitiated CoverageOutperform$24.00High
i
4/30/2020Morgan StanleyInitiated CoverageOverweight$23.00Low
i
4/24/2020Craig HallumBoost Price TargetBuy$20.00 ➝ $25.00N/A
i
(Data available from 4/17/2016 forward)
DraftKings logo
DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States. It operates through two segments, Business-to-Consumer and Business-to-Business. The company provides users with daily sports, sports betting, and iGaming opportunities. It is also involved in the design, development, and licensing of sports betting and casino gaming platform software for online and retail sportsbook, and casino gaming products. The company distributes its product offerings through various channels, including traditional websites, direct app downloads, and direct-to-consumer digital platforms. DraftKings Inc. is headquartered in Boston, Massachusetts.
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Today's Range

Now: $57.98
$57.83
$59.98

50 Day Range

MA: $64.42
$57.48
$71.98

52 Week Range

Now: $57.98
$15.55
$74.38

Volume

15,155,703 shs

Average Volume

16,288,833 shs

Market Capitalization

$23.06 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

2.18

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., Benchmark Co., Berenberg Bank, Canaccord Genuity, Cannonball Research, Cowen Inc, Craig Hallum, Credit Suisse Group AG, Deutsche Bank Aktiengesellschaft, Evercore ISI, Jefferies Financial Group Inc., JPMorgan Chase & Co., Loop Capital, Macquarie, Morgan Stanley, Needham & Company LLC, Northland Securities, Oppenheimer Holdings Inc., Piper Sandler, Rosenblatt Securities, Sanford C. Bernstein, Stephens, Susquehanna Bancshares, Inc., The Goldman Sachs Group, Inc., Truist, UBS Group AG, Wolfe Research, and Zacks Investment Research.
View the latest analyst ratings for DKNG.

What is the current price target for DraftKings?

27 Wall Street analysts have set twelve-month price targets for DraftKings in the last year. Their average twelve-month price target is $66.48, suggesting a possible upside of 14.7%. Loop Capital has the highest price target set, predicting DKNG will reach $100.00 in the next twelve months. Cannonball Research has the lowest price target set, forecasting a price of $35.00 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 1 sell rating, 6 hold ratings and 20 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe DKNG will outperform the market and that investors should add to their positions of DraftKings.
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 310-209-7280. The official website for DraftKings is www.draftkings.com.