NASDAQ:DKNG - DraftKings Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $69.71
  • Forecasted Upside: 35.65 %
  • Number of Analysts: 24
  • Breakdown:
  • 0 Sell Ratings
  • 4 Hold Ratings
  • 20 Buy Ratings
  • 0 Strong Buy Ratings
$51.39
▲ +0.06 (0.12%)

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 $69.71
▲ +35.65% Upside Potential
This price target is based on 24 analysts offering 12 month price targets for DraftKings in the last 3 months. The average price target is $69.71, with a high forecast of $100.00 and a low forecast of $42.50. The average price target represents a 35.65% upside from the last price of $51.39.

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 Buy

The current consensus among 24 polled investment analysts is to buy stock in DraftKings.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/5/2020
  • 0 strong buy ratings
  • 11 buy ratings
  • 0 hold ratings
  • 0 sell ratings
7/4/2020
  • 0 strong buy ratings
  • 16 buy ratings
  • 2 hold ratings
  • 0 sell ratings
10/2/2020
  • 0 strong buy ratings
  • 20 buy ratings
  • 5 hold ratings
  • 0 sell ratings
12/31/2020
  • 0 strong buy ratings
  • 21 buy ratings
  • 6 hold ratings
  • 0 sell ratings
3/31/2021
  • 0 strong buy ratings
  • 21 buy ratings
  • 6 hold ratings
  • 0 sell ratings
6/29/2021
  • 0 strong buy ratings
  • 20 buy ratings
  • 6 hold ratings
  • 0 sell ratings
8/28/2021
  • 0 strong buy ratings
  • 20 buy ratings
  • 4 hold ratings
  • 0 sell ratings
9/27/2021

Latest Recommendations

  • 0 strong buy ratings
  • 20 buy ratings
  • 4 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
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
3/1/2021Canaccord GenuityBoost Price TargetBuy$65.00 ➝ $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
1/14/2021TruistBoost 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
10/8/2020TruistBoost 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
9/2/2020TruistInitiated 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
8/17/2020Canaccord GenuityReiterated RatingBuyLow
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
6/3/2020Canaccord GenuityBoost Price TargetBuy$35.00 ➝ $50.00High
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
5/15/2020Canaccord GenuityBoost Price TargetBuy$25.00 ➝ $35.00Low
5/14/2020Craig HallumBoost Price TargetBuy$25.00 ➝ $30.00High
5/14/2020Susquehanna BancsharesInitiated CoveragePositive$33.00High
5/11/2020Northland SecuritiesReiterated RatingBuy$24.00Low
5/5/2020Canaccord GenuityInitiated CoverageBuy$25.00Low
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 9/27/2016 forward)

News Sentiment Rating

0.54 (Buy)

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
  • 15 very positive mentions
  • 20 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
3/1/2021
  • 0 very positive mentions
  • 22 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/31/2021
  • 0 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/30/2021
  • 0 very positive mentions
  • 26 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/30/2021
  • 0 very positive mentions
  • 13 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/29/2021
  • 28 very positive mentions
  • 54 positive mentions
  • 13 negative mentions
  • 4 very negative mentions
7/29/2021
  • 22 very positive mentions
  • 53 positive mentions
  • 11 negative mentions
  • 5 very negative mentions
8/28/2021
  • 26 very positive mentions
  • 50 positive mentions
  • 9 negative mentions
  • 2 very negative mentions
9/27/2021

Current Sentiment

  • 26 very positive mentions
  • 50 positive mentions
  • 9 negative mentions
  • 2 very negative mentions

Recent Stories by Sentiment

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 and direct app downloads, as well as direct-to-consumer digital platforms, such as the Apple App store and the Google Play store. DraftKings Inc. was founded in 2011 and is headquartered in Boston, Massachusetts.
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Today's Range

Now: $51.39
Low: $50.42
High: $51.89

50 Day Range

MA: $54.55
Low: $44.66
High: $63.67

52 Week Range

Now: $51.39
Low: $34.90
High: $74.38

Volume

9,478,779 shs

Average Volume

15,092,994 shs

Market Capitalization

$20.73 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.94

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, Guggenheim, 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, The Goldman Sachs Group, Inc., Truist, UBS Group AG, Wells Fargo & Company, and Zacks Investment Research.
View the latest analyst ratings for DKNG.

What is the current price target for DraftKings?

26 Wall Street analysts have set twelve-month price targets for DraftKings in the last year. Their average twelve-month price target is $69.71, suggesting a possible upside of 35.7%. Loop Capital has the highest price target set, predicting DKNG will reach $100.00 in the next twelve months. Berenberg Bank has the lowest price target set, forecasting a price of $42.50 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 4 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.

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.