DraftKings (DKNG) Stock Forecast, Price Target & Predictions


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DKNG Stock Forecast


DraftKings (DKNG) stock forecast, based on 48 Wall Street analysts, predicts a 12-month average price target of $33.63, with a high of $49.00 and a low of $27.00. This represents a 42.14% increase from the last price of $23.66.

$20 $26 $32 $38 $44 $50 High: $49 Avg: $33.63 Low: $27 Last Closed Price: $23.66

DKNG Stock Rating


DraftKings stock's rating consensus is Buy, based on 48 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 35 Buy (72.92%), 9 Hold (18.75%), 4 Sell (8.33%), and 0 Strong Sell (0.00%).

Buy
Total 48 0 4 9 35 Strong Sell Sell Hold Buy Strong Buy

DKNG Price Target Upside V Benchmarks


TypeNameUpside
StockDraftKings42.14%
SectorConsumer Cyclical Stocks 12.30%
IndustryGambling, Resorts & Casinos Stocks 31.18%
IdeaNFT Stocks Stocks List37.00%
IdeaGaming Stocks List30.18%

Price Target Trends


1M3M12M
# Anlaysts31266
Avg Price Target$32.00$31.08$38.35
Last Closing Price$23.66$23.66$23.66
Upside/Downside35.25%31.36%62.09%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Sep, 265246-136
Aug, 265246-136
Jul, 265236-135
Jun, 265236-135
May, 265237--35
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 03, 2026Ian MooreBernstein$29.00$24.2119.79%22.57%
Sep 02, 2026Wolfe Research$40.00$23.4470.65%69.06%
Aug 21, 2026CBRE$27.00$25.037.87%14.12%
Aug 10, 2026Barry JonasTruist Financial$29.00$24.8516.70%22.57%
Aug 10, 2026Northland Securities$28.00$24.6813.45%18.34%
Aug 10, 2026Curry BakerGuggenheim$33.00$24.0337.33%39.48%
Aug 10, 2026Barclays$34.00$24.0341.49%43.70%
Aug 06, 2026Bernstein$27.00$21.5525.29%14.12%
Jul 22, 2026Jeffrey StantialStifel Nicolaus$38.00$23.8559.33%60.61%
Jul 20, 2026Wells Fargo$29.00$24.9416.28%22.57%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Sep 08, 2026CitigroupOutperformOutperformhold
Sep 08, 2026CitigroupMarket OutperformMarket Outperformhold
Sep 03, 2026BernsteinOutperformOutperformhold
Sep 02, 2026Wolfe ResearchPeer PerformOutperforminitialise
Aug 28, 2026William BlairMarket PerformOutperforminitialise
Aug 21, 2026CBREBuyBuyhold
Aug 11, 2026BenchmarkBuyBuyhold
Aug 11, 2026CitigroupBuyBuyhold
Aug 10, 2026GuggenheimBuyBuyhold
Aug 07, 2026Bank of America SecuritiesNeutralNeutralhold

Financial Forecast


EPS Forecast

$-4 $-3 $-2 $-1 $0 $1 $2 $3 $4 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-3.79$-3.15$-1.73$-1.05$0.01---
Avg Forecast$-3.61$-3.22$-1.53$-0.87$0.57$1.42$1.98$3.24
High Forecast$-3.40$-2.99$-1.36$-0.74$1.10$1.94$2.21$3.35
Low Forecast$-3.80$-3.31$-1.65$-0.96$-0.19$0.89$1.75$2.97
Surprise %4.99%-2.17%13.07%20.69%-98.25%---

Revenue Forecast

$1B $3B $4B $6B $8B $10B Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$1.30B$2.24B$3.67B$4.77B$6.05B---
Avg Forecast$1.27B$2.19B$3.66B$4.83B$6.40B$7.51B$8.37B$9.24B
High Forecast$1.32B$2.24B$3.72B$4.96B$6.51B$7.53B$8.54B$9.47B
Low Forecast$1.21B$2.07B$3.59B$4.68B$6.30B$7.50B$8.19B$8.64B
Surprise %2.23%2.44%0.15%-1.23%-5.34%---

Net Income Forecast

$-3B $-2B $-700M $200M $1B $2B Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-1.52B$-1.38B$-802.14M$-507.29M$3.71M---
Avg Forecast$-1.22B$-1.73B$-802.14M$-417.06M$279.75M$749.77M$915.95M$1.50B
High Forecast$-974.32M$-1.39B$-641.71M$-342.92M$507.30M$896.36M$1.02B$1.55B
Low Forecast$-1.46B$-2.08B$-962.57M$-442.76M$-87.68M$411.05M$810.57M$1.37B
Surprise %25.07%-20.54%-21.64%-98.67%---

DKNG Forecast FAQ


Is DraftKings stock a buy?

DraftKings stock has a consensus rating of Buy, based on 48 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 35 Buy, 9 Hold, 4 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 48 Wall Street analysts, averages $33.63 over the next 12 months. The price target range spans from $27 at the low end to $49 at the high end, suggesting a potential 42.14% change from the previous closing price of $23.66.

How does DraftKings stock forecast compare to its benchmarks?

DraftKings's stock forecast shows a 42.14% upside, outperforming the average forecast for the consumer cyclical stocks sector (12.30%) and outperforming the gambling, resorts & casinos stocks industry (31.18%), leading the nft stocks stocks list (37.00%) and gaming stocks list (30.18%) investment ideas.

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

  • September 2026: 13.89% Strong Buy, 66.67% Buy, 16.67% Hold, 0% Sell, 2.78% Strong Sell.
  • August 2026: 13.89% Strong Buy, 66.67% Buy, 16.67% Hold, 0% Sell, 2.78% Strong Sell.
  • July 2026: 14.29% Strong Buy, 65.71% Buy, 17.14% Hold, 0% Sell, 2.86% Strong Sell.

What is DraftKings’s EPS forecast?

DraftKings's average annual EPS forecast for its fiscal year ending in December 2026 is $1.42, marking a 14100.00% increase from the reported $0.01 in 2025. Estimates for the following years are $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 2026 is $7.51B, reflecting a 24.11% increase from the reported $6.05B in 2025. The forecast for 2027 is $8.37B, and $9.24B for 2028.

What is DraftKings’s net income forecast?

DraftKings's net income forecast for the fiscal year ending in December 2026 stands at $749.77M, representing an 20109.52% increase from the reported $3.71M in 2025. Projections indicate $915.95M in 2027, and $1.5B in 2028.