DraftKings Inc
NASDAQ:DKNG

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DraftKings Inc
NASDAQ:DKNG
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Price: 38.85 USD -3.72%
Market Cap: 18.9B USD
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Wall Street
Price Targets

DKNG Price Targets Summary
DraftKings Inc

Wall Street analysts forecast DKNG stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for DKNG is 51.84 USD with a low forecast of 33.33 USD and a high forecast of 80.85 USD.

Lowest
Price Target
33.33 USD
14% Downside
Average
Price Target
51.84 USD
33% Upside
Highest
Price Target
80.85 USD
108% Upside

DKNG Last Price Targets
DraftKings Inc

The latest public price target was made on Nov 8, 2024 by Matt Farrell from Piper Sandler , who expects DKNG stock to rise by 36% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Matt Farrell
Piper Sandler
53 USD
Upside 36%
1 month ago
Nov 8, 2024
DraftKings Inc. (DKNG) PT Raised to $53 at Piper Sandler
StreetInsider
Carlo Santarelli
Deutsche Bank
33 USD
Downside 15%
1 month ago
Nov 8, 2024
DraftKings Inc. (DKNG) PT Raised to $33 at Deutsche Bank
StreetInsider
Zachary Warring
CFRA
46 USD
Upside 18%
1 month ago
Nov 8, 2024
CFRA Upgrades DraftKings Inc. (DKNG) to Strong Buy
StreetInsider
Jed Kelly
Mizuho Securities
62 USD
Upside 60%
2 months ago
Oct 18, 2024
DraftKings Inc. (DKNG) PT Raised to $62 at Mizuho
StreetInsider
Alistair Johnson
BNP Paribas
35 USD
Downside 10%
3 months ago
Sep 10, 2024
Exane BNP Paribas Upgrades DraftKings Inc. (DKNG) to Neutral
StreetInsider
Joseph Stauff
Susquehanna
48 USD
Upside 24%
3 months ago
Sep 4, 2024
DraftKings price target raised to $48 from $47 at Susquehanna
TheFly
Ryan Sigdahl
Craig-Hallum
57 USD
Upside 47%
4 months ago
Aug 23, 2024
Craig-Hallum Reiterates Buy Rating on DraftKings Inc. (DKNG)
StreetInsider
John Staszak
Argus Research
40 USD
Upside 3%
4 months ago
Aug 15, 2024
DraftKings price target lowered to $40 from $54 at Argus
TheFly
Stephen Grambling
Morgan Stanley
47 USD
Upside 21%
4 months ago
Aug 13, 2024
DraftKings price target lowered to $47 from $51 at Morgan Stanley
TheFly
Barry Jonas
Truist Financial
50 USD
Upside 29%
4 months ago
Aug 5, 2024
DraftKings Inc. (DKNG) PT Lowered to $50 at Truist Securities
StreetInsider
Jeffrey Stantial
Stifel Nicolaus
48 USD
Upside 24%
4 months ago
Aug 5, 2024
DraftKings price target lowered to $48 from $50 at Stifel
TheFly
Brian Pitz
BMO Capital
48 USD
Upside 24%
4 months ago
Aug 2, 2024
DraftKings price target lowered to $48 from $54 at BMO Capital
TheFly
Zachary Warring
CFRA
42 USD
Upside 8%
4 months ago
Aug 2, 2024
CFRA Upgrades DraftKings Inc. (DKNG) to Buy
StreetInsider
Barry Jonas
Truist Financial
53 USD
Upside 36%
5 months ago
Jul 18, 2024
DraftKings price target lowered to $53 from $55 at Truist
TheFly
Chad Beynon
Macquarie
52 USD
Upside 34%
5 months ago
Jul 17, 2024
DraftKings price target lowered to $52 from $54 at Macquarie
TheFly
Brandt Montour
Barclays
53 USD
Upside 36%
5 months ago
Jul 10, 2024
DraftKings price target lowered to $53 from $54 at Barclays
TheFly
Robin Farley
UBS
56 USD
Upside 44%
5 months ago
Jul 8, 2024
DraftKings Inc. (DKNG) PT Lowered to $56 at UBS
StreetInsider
Jed Kelly
Oppenheimer
58 USD
Upside 49%
5 months ago
Jul 1, 2024
DraftKings Inc. (DKNG) PT Lowered to $58 at Oppenheimer
StreetInsider
Joseph Stauff
Susquehanna
49 USD
Upside 26%
6 months ago
Jun 5, 2024
DraftKings Inc. (DKNG) PT Lowered to $49 at Susquehanna
StreetInsider
Jeff Stantial
Stifel Nicolaus
50 USD
Upside 29%
6 months ago
May 29, 2024
DraftKings Inc. (DKNG) PT Lowered to $50 at Stifel
StreetInsider
Ed Young
Morgan Stanley
51 USD
Upside 31%
6 months ago
May 28, 2024
Morgan Stanley Reiterates Overweight Rating on DraftKings Inc. (DKNG)
StreetInsider
Robin Farley
UBS
60 USD
Upside 54%
7 months ago
May 15, 2024
DraftKings Inc. (DKNG) PT Raised to $60 at UBS
StreetInsider
Brandt Montour
Barclays
54 USD
Upside 39%
7 months ago
May 6, 2024
DraftKings price target raised to $54 from $52 at Barclays
TheFly
Bernie McTernan
Needham
60 USD
Upside 54%
7 months ago
May 6, 2024
DraftKings Inc. (DKNG) PT Raised to $60 at Needham
StreetInsider
Carlo Santarelli
Deutsche Bank
35 USD
Downside 10%
7 months ago
May 6, 2024
DraftKings price target raised to $35 from $34 at Deutsche Bank
TheFly
Clark Lampen
BTIG
55 USD
Upside 42%
7 months ago
May 6, 2024
DraftKings price target raised to $55 from $53 at BTIG
TheFly
Jeff Stantial
Stifel Nicolaus
51 USD
Upside 31%
7 months ago
May 6, 2024
DraftKings Inc. (DKNG) PT Raised to $51 at Stifel
StreetInsider
Jordan Bender
JMP Securities
52 USD
Upside 34%
7 months ago
May 3, 2024
DraftKings The 'King Of The Beat & Raise': 7 Analysts Size Up Q1 Earnings, Raised Guidance That Could Be Conservative
Benzinga
Ryan Sigdahl
Craig-Hallum
55 USD
Upside 42%
7 months ago
May 3, 2024
DraftKings price target lowered to $55 from $57 at Craig-Hallum
TheFly
Barry Jonas
Truist Financial
55 USD
Upside 42%
7 months ago
May 3, 2024
DraftKings The 'King Of The Beat & Raise': 7 Analysts Size Up Q1 Earnings, Raised Guidance That Could Be Conservative
Benzinga
Joseph Stauff
Susquehanna
56 USD
Upside 44%
7 months ago
Apr 29, 2024
DraftKings Inc. (DKNG) PT Raised to $56 at Susquehanna
StreetInsider
Jed Kelly
Oppenheimer
60 USD
Upside 54%
8 months ago
Apr 22, 2024
Oppenheimer Reiterates Outperform Rating on DraftKings Inc. (DKNG)
StreetInsider
Ben Miller
Goldman Sachs
60 USD
Upside 54%
8 months ago
Apr 16, 2024
Goldman Sachs Starts DraftKings Inc. (DKNG) at Buy, 'Inflecting Profitability as Unit Economics Improve'
StreetInsider
Stephen Grambling
Morgan Stanley
50 USD
Upside 29%
8 months ago
Apr 9, 2024
DraftKings price target raised to $50 from $49 at Morgan Stanley
TheFly
Robert Fishman
MoffettNathanson
55 USD
Upside 42%
8 months ago
Mar 28, 2024
DraftKings Inc. (DKNG) PT Raised to $55 at MoffettNathanson
StreetInsider
Shaun Kelley
New Street
54 USD
Upside 39%
8 months ago
Mar 28, 2024
College prop ban would have 'de minimus' impact on DraftKings, says BofA
TheFly
Bernie McTernan
Needham
58 USD
Upside 49%
8 months ago
Mar 27, 2024
DraftKings Inc. (DKNG) PT Raised to $58 at Needham; Adds to Conviction List
StreetInsider
Ben Chaiken
Mizuho Securities
58 USD
Upside 49%
8 months ago
Mar 26, 2024
DraftKings Gains New Bullish Analyst: 'We Believe The Earnings Power Of DKNG Is Underappreciated'
Benzinga
Joseph Stauff
Susquehanna
54 USD
Upside 39%
8 months ago
Mar 25, 2024
DraftKings Inc. (DKNG) PT Raised to $54 at Susquehanna on 'potential upside'
StreetInsider
Barry Jonas
Truist Financial
45 USD
Upside 16%
10 months ago
Feb 16, 2024
DraftKings Stock Hits 52-Week Highs: 7 Analysts Size Up Jackpocket Acquisition, Q4 Results, Future Growth
Benzinga
Jed Kelly
Oppenheimer
55 USD
Upside 42%
10 months ago
Feb 16, 2024
DraftKings Stock Hits 52-Week Highs: 7 Analysts Size Up Jackpocket Acquisition, Q4 Results, Future Growth
Benzinga
Jordan Bender
JMP Securities
42 USD
Upside 8%
10 months ago
Feb 16, 2024
DraftKings Stock Hits 52-Week Highs: 7 Analysts Size Up Jackpocket Acquisition, Q4 Results, Future Growth
Benzinga
Brian Pitz
BMO Capital
43 USD
Upside 11%
11 months ago
Jan 9, 2024
DraftKings Analyst Bets Market Can Exceed $100B 'If Every State Legalized iGaming'
Benzinga
Bernie McTernan
Needham
50 USD
Upside 29%
1 year ago
Nov 20, 2023
DraftKings Favored By Analyst, Even If ESPN Bet Tops Chart: 'Unlikely To Change Industry's Competitive Intensity'
Benzinga
Curry Baker
Guggenheim
45 USD
Upside 16%
1 year ago
Nov 16, 2023
ESPN Bet Launches In 17 States, Offers $200 In Bonus Bets: Could Competition Spell Trouble For DraftKings?
Benzinga
Stephen Grambling
Morgan Stanley
36 USD
Downside 7%
1 year ago
Oct 30, 2023
DraftKings Q3 Earnings Preview: Analyst Estimates, Key Items To Watch, NFL Impact, What's Next
Benzinga
Bernie McTernan
Needham
44 USD
Upside 13%
1 year ago
Sep 18, 2023
DraftKings Bull Sees Sports Betting Winner: '$35B Opportunity'
Benzinga
Jed Kelly
Oppenheimer
40 USD
Upside 3%
1 year ago
Aug 9, 2023
Penn Entertainment Analysts On 'Landscape-Changing' Sports Betting Deal With ESPN: 'This Move Makes Sense'
Benzinga
Joseph Stauff
Susquehanna
39 USD
Upside 0%
1 year ago
Aug 4, 2023
5 Analysts On DraftKings Q2 Results: 'Operational Excellence,' 'Widening Its Competitive Gap,' Momentum To Continue
Benzinga
Stephen Grambling
Morgan Stanley
32 USD
Downside 18%
1 year ago
Aug 4, 2023
5 Analysts On DraftKings Q2 Results: 'Operational Excellence,' 'Widening Its Competitive Gap,' Momentum To Continue
Benzinga
Edward Engel
Roth Capital
20 USD
Downside 49%
1 year ago
Aug 4, 2023
5 Analysts On DraftKings Q2 Results: 'Operational Excellence,' 'Widening Its Competitive Gap,' Momentum To Continue
Benzinga
Bernie McTernan
Needham
36 USD
Downside 7%
1 year ago
Aug 4, 2023
5 Analysts On DraftKings Q2 Results: 'Operational Excellence,' 'Widening Its Competitive Gap,' Momentum To Continue
Benzinga
Jordan Bender
JMP Securities
33 USD
Downside 15%
1 year ago
Aug 4, 2023
5 Analysts On DraftKings Q2 Results: 'Operational Excellence,' 'Widening Its Competitive Gap,' Momentum To Continue
Benzinga
Edward Engel
MKM Partners
20 USD
Downside 49%
1 year ago
Jul 18, 2023
DraftKings To Register Positive 2Q EBITDA Amid Strength In Hold Rates: Analyst Forecasts
Benzinga
Barry Jonas
Truist Financial
26 USD
Downside 33%
1 year ago
Jun 20, 2023
DraftKings' Potential Revenue Synergy Of PointBet Acquisition Deal: Analyst Perspective
Benzinga
Jordan Bender
JMP Securities
26 USD
Downside 33%
1 year ago
May 5, 2023
DraftKings Q1 Beat Driven By High Customer Retention, Market Share Gains; Analysts Optimistic On Growth
Benzinga
Joseph Stauff
Susquehanna
28 USD
Downside 28%
1 year ago
May 5, 2023
DraftKings Q1 Beat Driven By High Customer Retention, Market Share Gains; Analysts Optimistic On Growth
Benzinga
Bernie McTernan
Needham
28 USD
Downside 28%
1 year ago
Apr 10, 2023
Sports Betting Boon: DraftKings Set To Benefit From Growing Handle And Margin Expansion, Analyst Says
Benzinga
John Eade
Argus Research
22 USD
Downside 43%
1 year ago
Mar 7, 2023
Argus Upgrades DraftKings Inc. (DKNG) to Buy
StreetInsider
Bernie McTernan
Needham
20.28 USD
Downside 48%
1 year ago
Feb 21, 2023
DraftKings To Rally Around 38%? Here Are 10 Other Analyst Forecasts For Tuesday
Benzinga
Edward Engel
Roth Capital
15 USD
Downside 61%
1 year ago
Feb 9, 2023
Why This DraftKings Analyst Is Turning Bearish Ahead Of Q4 Earnings
Benzinga
Show More Price Targets
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Matt Farrell
Piper Sandler
Price Target 53 USD
Upside/Downside 36%
View Source
Carlo Santarelli
Deutsche Bank
Price Target 33 USD
Upside/Downside 15%
View Source
Zachary Warring
CFRA
Price Target 46 USD
Upside/Downside 18%
View Source
Jed Kelly
Mizuho Securities
Price Target 62 USD
Upside/Downside 60%
View Source
Alistair Johnson
BNP Paribas
Price Target 35 USD
Upside/Downside 10%
View Source
Joseph Stauff
Susquehanna
Price Target 48 USD
Upside/Downside 24%
View Source
Ryan Sigdahl
Craig-Hallum
Price Target 57 USD
Upside/Downside 47%
View Source
John Staszak
Argus Research
Price Target 40 USD
Upside/Downside 3%
View Source
Stephen Grambling
Morgan Stanley
Price Target 47 USD
Upside/Downside 21%
View Source
Barry Jonas
Truist Financial
Price Target 50 USD
Upside/Downside 29%
View Source
Jeffrey Stantial
Stifel Nicolaus
Price Target 48 USD
Upside/Downside 24%
View Source
Brian Pitz
BMO Capital
Price Target 48 USD
Upside/Downside 24%
View Source
Zachary Warring
CFRA
Price Target 42 USD
Upside/Downside 8%
View Source
Barry Jonas
Truist Financial
Price Target 53 USD
Upside/Downside 36%
View Source
Chad Beynon
Macquarie
Price Target 52 USD
Upside/Downside 34%
View Source
Brandt Montour
Barclays
Price Target 53 USD
Upside/Downside 36%
View Source
Robin Farley
UBS
Price Target 56 USD
Upside/Downside 44%
View Source
Jed Kelly
Oppenheimer
Price Target 58 USD
Upside/Downside 49%
View Source
Joseph Stauff
Susquehanna
Price Target 49 USD
Upside/Downside 26%
View Source
Jeff Stantial
Stifel Nicolaus
Price Target 50 USD
Upside/Downside 29%
View Source
Ed Young
Morgan Stanley
Price Target 51 USD
Upside/Downside 31%
View Source
Robin Farley
UBS
Price Target 60 USD
Upside/Downside 54%
View Source
Brandt Montour
Barclays
Price Target 54 USD
Upside/Downside 39%
View Source
Bernie McTernan
Needham
Price Target 60 USD
Upside/Downside 54%
View Source
Carlo Santarelli
Deutsche Bank
Price Target 35 USD
Upside/Downside 10%
View Source
Clark Lampen
BTIG
Price Target 55 USD
Upside/Downside 42%
View Source
Jeff Stantial
Stifel Nicolaus
Price Target 51 USD
Upside/Downside 31%
View Source
Jordan Bender
JMP Securities
Price Target 52 USD
Upside/Downside 34%
View Source
Ryan Sigdahl
Craig-Hallum
Price Target 55 USD
Upside/Downside 42%
View Source
Barry Jonas
Truist Financial
Price Target 55 USD
Upside/Downside 42%
View Source
Joseph Stauff
Susquehanna
Price Target 56 USD
Upside/Downside 44%
View Source
Jed Kelly
Oppenheimer
Price Target 60 USD
Upside/Downside 54%
View Source
Ben Miller
Goldman Sachs
Price Target 60 USD
Upside/Downside 54%
View Source
Stephen Grambling
Morgan Stanley
Price Target 50 USD
Upside/Downside 29%
View Source
Robert Fishman
MoffettNathanson
Price Target 55 USD
Upside/Downside 42%
View Source
Shaun Kelley
New Street
Price Target 54 USD
Upside/Downside 39%
View Source
Bernie McTernan
Needham
Price Target 58 USD
Upside/Downside 49%
View Source
Ben Chaiken
Mizuho Securities
Price Target 58 USD
Upside/Downside 49%
View Source
Joseph Stauff
Susquehanna
Price Target 54 USD
Upside/Downside 39%
View Source
Barry Jonas
Truist Financial
Price Target 45 USD
Upside/Downside 16%
View Source
Jed Kelly
Oppenheimer
Price Target 55 USD
Upside/Downside 42%
View Source
Jordan Bender
JMP Securities
Price Target 42 USD
Upside/Downside 8%
View Source
Brian Pitz
BMO Capital
Price Target 43 USD
Upside/Downside 11%
View Source
Bernie McTernan
Needham
Price Target 50 USD
Upside/Downside 29%
View Source
Curry Baker
Guggenheim
Price Target 45 USD
Upside/Downside 16%
View Source
Stephen Grambling
Morgan Stanley
Price Target 36 USD
Upside/Downside 7%
View Source
Bernie McTernan
Needham
Price Target 44 USD
Upside/Downside 13%
View Source
Jed Kelly
Oppenheimer
Price Target 40 USD
Upside/Downside 3%
View Source
Joseph Stauff
Susquehanna
Price Target 39 USD
Upside/Downside 0%
View Source
Stephen Grambling
Morgan Stanley
Price Target 32 USD
Upside/Downside 18%
View Source
Edward Engel
Roth Capital
Price Target 20 USD
Upside/Downside 49%
View Source
Bernie McTernan
Needham
Price Target 36 USD
Upside/Downside 7%
View Source
Jordan Bender
JMP Securities
Price Target 33 USD
Upside/Downside 15%
View Source
Edward Engel
MKM Partners
Price Target 20 USD
Upside/Downside 49%
View Source
Barry Jonas
Truist Financial
Price Target 26 USD
Upside/Downside 33%
View Source
Jordan Bender
JMP Securities
Price Target 26 USD
Upside/Downside 33%
View Source
Joseph Stauff
Susquehanna
Price Target 28 USD
Upside/Downside 28%
View Source
Bernie McTernan
Needham
Price Target 28 USD
Upside/Downside 28%
View Source
John Eade
Argus Research
Price Target 22 USD
Upside/Downside 43%
View Source
Bernie McTernan
Needham
Price Target 20.28 USD
Upside/Downside 48%
View Source
Edward Engel
Roth Capital
Price Target 15 USD
Upside/Downside 61%
View Source
Show More Price Targets
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DraftKings Inc Competitors:
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32% Upside
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40% Upside
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Revenue
Forecast

Revenue Estimate
DraftKings Inc

For the last 4 years the compound annual growth rate for DraftKings Inc's revenue is 83%. The projected CAGR for the next 4 years is 25%.

83%
Past Growth
25%
Estimated Growth
Estimates Accuracy
0%
Average Beat

Operating Income
Forecast

Operating Income Estimate
DraftKings Inc

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
5%
Average Beat

Net Income
Forecast

Net Income Estimate
DraftKings Inc

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
-4%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is DKNG's stock price target?
Price Target
51.84 USD

According to Wall Street analysts, the average 1-year price target for DKNG is 51.84 USD with a low forecast of 33.33 USD and a high forecast of 80.85 USD.

What is DraftKings Inc's Revenue forecast?
Projected CAGR
25%

For the last 4 years the compound annual growth rate for DraftKings Inc's revenue is 83%. The projected CAGR for the next 4 years is 25%.

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