DraftKings (DKNG) Stock Forecast, Price Target & Predictions


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DKNG Stock Forecast


DraftKings (DKNG) stock forecast, based on 47 Wall Street analysts, predicts a 12-month average price target of $56.82, with a high of $65.00 and a low of $46.00. This represents a 30.32% increase from the last price of $43.60.

$30 $37 $44 $51 $58 $65 High: $65 Avg: $56.82 Low: $46 Last Closed Price: $43.6

DKNG Stock Rating


DraftKings stock's rating consensus is Buy, based on 47 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 38 Buy (80.85%), 6 Hold (12.77%), 3 Sell (6.38%), and 0 Strong Sell (0.00%).

Buy
Total 47 3 6 38 0 Strong Sell Sell Hold Buy Strong Buy

DKNG Price Target Upside V Benchmarks


TypeNameUpside
StockDraftKings30.32%
SectorConsumer Cyclical Stocks 28.34%
IndustryGambling, Resorts & Casinos Stocks 12.47%
IdeaNFT Stocks Stocks List3.07%
IdeaGaming Stocks List1.83%

Price Target Trends


1M3M12M
# Anlaysts1225
Avg Price Target$51.00$48.50$51.52
Last Closing Price$43.60$43.60$43.60
Upside/Downside16.97%11.24%18.17%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jul, 258215--34
Jun, 257215--33
May, 257215--33
Apr, 257215--33
Mar, 259225--36
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jul 18, 2025Brandt MontourBarclays$51.00$43.9416.07%16.97%
Jun 03, 2025Ian MooreBernstein$46.00$34.3234.03%5.50%
Apr 28, 2025Mizuho Securities$59.00$33.2877.28%35.32%
Apr 25, 2025Northland Securities$50.00$33.7947.97%14.68%
Apr 24, 2025Brian PitzBMO Capital$65.00$34.5088.41%49.08%
Apr 22, 2025Stifel Nicolaus$53.00$33.4758.35%21.56%
Apr 13, 2025David KatzJefferies$60.00$34.2275.34%37.61%
Apr 02, 2025Jordan BenderJMP Securities$57.00$34.4365.55%30.73%
Feb 18, 2025Needham$65.00$50.9527.58%49.08%
Feb 18, 2025John StaszakArgus Research$60.00$53.4912.17%37.61%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Jul 18, 2025BarclaysOverweightOverweighthold
Jul 15, 2025BenchmarkBuyBuyhold
Jul 11, 2025CitigroupBuyBuyhold
Jun 13, 2025JefferiesBuyBuyhold
Jun 13, 2025CitigroupBuyBuyhold
Jun 03, 2025BernsteinOutperforminitialise
May 12, 2025NeedhamBuyBuyhold
Apr 24, 2025BMO CapitalOutperformOutperformhold
Apr 24, 2025Cowen & Co.BuyBuyhold
Apr 13, 2025JefferiesBuyBuyhold

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 47 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 38 Buy, 6 Hold, 3 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 47 Wall Street analysts, averages $56.82 over the next 12 months. The price target range spans from $46 at the low end to $65 at the high end, suggesting a potential 30.32% change from the previous closing price of $43.6.

How does DraftKings stock forecast compare to its benchmarks?

DraftKings's stock forecast shows a 30.32% upside, outperforming the average forecast for the consumer cyclical stocks sector (28.34%) and outperforming the gambling, resorts & casinos stocks industry (12.47%), leading the nft stocks stocks list (3.07%) and gaming stocks list (1.83%) investment ideas.

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

  • July 2025: 23.53% Strong Buy, 61.76% Buy, 14.71% Hold, 0% Sell, 0% Strong Sell.
  • June 2025: 21.21% Strong Buy, 63.64% Buy, 15.15% Hold, 0% Sell, 0% Strong Sell.
  • May 2025: 21.21% Strong Buy, 63.64% Buy, 15.15% 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.