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DraftKings (DKNG)
NASDAQ:DKNG
US Market
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DraftKings (DKNG) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

DKNG Analyst Ratings

Strong Buy
30Ratings
Strong Buy
24 Buy
6 Hold
0 Sell
Based on 30 analysts giving stock ratings to
DraftKings
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

DKNG Stock 12 Month Forecast

Average Price Target

$34.63
▲(51.76% Upside)
Based on 30 Wall Street analysts offering 12 month price targets for DraftKings in the last 3 months. The average price target is $34.63 with a high forecast of $50.00 and a low forecast of $26.00. The average price target represents a 51.76% change from the last price of $22.82.
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 <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 56,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":43.73,"date":1754006400000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 52,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 3, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":47.91,"date":1756684800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 51,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 3, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":35.16,"date":1759276800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 68,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 2, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 2</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":30.59,"date":1761955200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 75,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 6, \t&nbsp;</span>\n    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Highest Price Target$50.00Average Price Target$34.63Lowest Price Target$26.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Detailed List of Analyst Forecasts​
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Morgan Stanley Analyst forecast on DKNG
Morgan Stanley
Morgan Stanley
$40$39
Buy
70.90%
Upside
Assigned
05/14/26
DraftKings price target lowered to $39 from $40 at Morgan StanleyDraftKings price target lowered to $39 from $40 at Morgan Stanley
Citi
$29$30
Buy
31.46%
Upside
Assigned
05/12/26
DraftKings price target raised to $30 from $29 at CitiDraftKings price target raised to $30 from $29 at Citi
Oppenheimer Analyst forecast on DKNG
Oppenheimer
Oppenheimer
$35
Buy
53.37%
Upside
Reiterated
05/12/26
Oppenheimer Reaffirms Their Buy Rating on DraftKings (DKNG)
Mizuho Securities Analyst forecast on DKNG
Mizuho Securities
Mizuho Securities
$44$45
Buy
97.20%
Upside
Reiterated
05/12/26
DraftKings price target raised to $45 from $44 at MizuhoDraftKings price target raised to $45 from $44 at Mizuho
Truist Financial Analyst forecast on DKNG
Truist Financial
Truist Financial
Buy
Reiterated
05/12/26
Analysts Are Bullish on These Consumer Cyclical Stocks: Floor & Decor Holdings (FND), DraftKings (DKNG)
TD Cowen
$30
Buy
31.46%
Upside
Reiterated
05/11/26
Analysts Offer Insights on Consumer Cyclical Companies: FOOD & LIFE COMPANIES (Other OTC: SGLOF), DraftKings (NASDAQ: DKNG) and Isuzu Motors (Other OTC: ISUZF)
Barclays
$33$35
Buy
53.37%
Upside
Assigned
05/11/26
Analysts Offer Insights on Consumer Cyclical Companies: DraftKings (NASDAQ: DKNG), WEB Travel Group (Other OTC: WEBJF) and Kontoor Brands (NYSE: KTB)
Jefferies Analyst forecast on DKNG
Jefferies
Jefferies
$46
Buy
101.58%
Upside
Reiterated
05/11/26
Analysts Offer Insights on Consumer Cyclical Companies: Kontoor Brands (NYSE: KTB), DraftKings (NASDAQ: DKNG) and Legacy Housing (NASDAQ: LEGH)
Northland Securities Analyst forecast on DKNG
Northland Securities
Northland Securities
$24$27
Hold
18.32%
Upside
Reiterated
05/11/26
DraftKings price target raised to $27 from $24 at NorthlandDraftKings price target raised to $27 from $24 at Northland
Needham
$35
Buy
53.37%
Upside
Reiterated
05/11/26
Wall Street Analysts Are Bullish on Top Consumer Cyclical Picks
Canaccord Genuity Analyst forecast on DKNG
Canaccord Genuity
Canaccord Genuity
$44
Buy
92.81%
Upside
Reiterated
05/11/26
Analysts Offer Insights on Consumer Cyclical Companies: Airbnb (NASDAQ: ABNB), DraftKings (NASDAQ: DKNG) and Expedia (NASDAQ: EXPE)
Stifel Nicolaus Analyst forecast on DKNG
Stifel Nicolaus
Stifel Nicolaus
$40
Buy
75.28%
Upside
Reiterated
05/11/26
Analysts Offer Insights on Consumer Cyclical Companies: DraftKings (NASDAQ: DKNG), Arhaus (NASDAQ: ARHS) and Dauch Corporation (NYSE: DCH)
BMO Capital Analyst forecast on DKNG
BMO Capital
BMO Capital
$50
Buy
119.11%
Upside
Reiterated
05/08/26
DraftKings (DKNG) Gets a Buy from BMO Capital
BTIG
$28$30
Buy
31.46%
Upside
Reiterated
05/08/26
DraftKings price target raised to $30 from $28 at BTIGDraftKings price target raised to $30 from $28 at BTIG
Guggenheim Analyst forecast on DKNG
Guggenheim
Guggenheim
$37$35
Buy
53.37%
Upside
Reiterated
05/08/26
DraftKings price target lowered to $35 from $37 at GuggenheimDraftKings price target lowered to $35 from $37 at Guggenheim
Analyst Type
Any
Any
Human Analysts
Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Morgan Stanley Analyst forecast on DKNG
Morgan Stanley
Morgan Stanley
$40$39
Buy
70.90%
Upside
Assigned
05/14/26
DraftKings price target lowered to $39 from $40 at Morgan StanleyDraftKings price target lowered to $39 from $40 at Morgan Stanley
Citi
$29$30
Buy
31.46%
Upside
Assigned
05/12/26
DraftKings price target raised to $30 from $29 at CitiDraftKings price target raised to $30 from $29 at Citi
Oppenheimer Analyst forecast on DKNG
Oppenheimer
Oppenheimer
$35
Buy
53.37%
Upside
Reiterated
05/12/26
Oppenheimer Reaffirms Their Buy Rating on DraftKings (DKNG)
Mizuho Securities Analyst forecast on DKNG
Mizuho Securities
Mizuho Securities
$44$45
Buy
97.20%
Upside
Reiterated
05/12/26
DraftKings price target raised to $45 from $44 at MizuhoDraftKings price target raised to $45 from $44 at Mizuho
Truist Financial Analyst forecast on DKNG
Truist Financial
Truist Financial
Buy
Reiterated
05/12/26
Analysts Are Bullish on These Consumer Cyclical Stocks: Floor & Decor Holdings (FND), DraftKings (DKNG)
TD Cowen
$30
Buy
31.46%
Upside
Reiterated
05/11/26
Analysts Offer Insights on Consumer Cyclical Companies: FOOD & LIFE COMPANIES (Other OTC: SGLOF), DraftKings (NASDAQ: DKNG) and Isuzu Motors (Other OTC: ISUZF)
Barclays
$33$35
Buy
53.37%
Upside
Assigned
05/11/26
Analysts Offer Insights on Consumer Cyclical Companies: DraftKings (NASDAQ: DKNG), WEB Travel Group (Other OTC: WEBJF) and Kontoor Brands (NYSE: KTB)
Jefferies Analyst forecast on DKNG
Jefferies
Jefferies
$46
Buy
101.58%
Upside
Reiterated
05/11/26
Analysts Offer Insights on Consumer Cyclical Companies: Kontoor Brands (NYSE: KTB), DraftKings (NASDAQ: DKNG) and Legacy Housing (NASDAQ: LEGH)
Northland Securities Analyst forecast on DKNG
Northland Securities
Northland Securities
$24$27
Hold
18.32%
Upside
Reiterated
05/11/26
DraftKings price target raised to $27 from $24 at NorthlandDraftKings price target raised to $27 from $24 at Northland
Needham
$35
Buy
53.37%
Upside
Reiterated
05/11/26
Wall Street Analysts Are Bullish on Top Consumer Cyclical Picks
Canaccord Genuity Analyst forecast on DKNG
Canaccord Genuity
Canaccord Genuity
$44
Buy
92.81%
Upside
Reiterated
05/11/26
Analysts Offer Insights on Consumer Cyclical Companies: Airbnb (NASDAQ: ABNB), DraftKings (NASDAQ: DKNG) and Expedia (NASDAQ: EXPE)
Stifel Nicolaus Analyst forecast on DKNG
Stifel Nicolaus
Stifel Nicolaus
$40
Buy
75.28%
Upside
Reiterated
05/11/26
Analysts Offer Insights on Consumer Cyclical Companies: DraftKings (NASDAQ: DKNG), Arhaus (NASDAQ: ARHS) and Dauch Corporation (NYSE: DCH)
BMO Capital Analyst forecast on DKNG
BMO Capital
BMO Capital
$50
Buy
119.11%
Upside
Reiterated
05/08/26
DraftKings (DKNG) Gets a Buy from BMO Capital
BTIG
$28$30
Buy
31.46%
Upside
Reiterated
05/08/26
DraftKings price target raised to $30 from $28 at BTIGDraftKings price target raised to $30 from $28 at BTIG
Guggenheim Analyst forecast on DKNG
Guggenheim
Guggenheim
$37$35
Buy
53.37%
Upside
Reiterated
05/08/26
DraftKings price target lowered to $35 from $37 at GuggenheimDraftKings price target lowered to $35 from $37 at Guggenheim
Stocks with the Highest Top Analyst Consensus in the Consumer Cyclical Sector
Find stocks in the Consumer Cyclical sector that are highly recommended by Top Performing Analysts.

Best Analysts Covering DraftKings

3 Months
xxx
Success Rate
19/28 ratings generated profit
68%
Average Return
+7.85%
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 67.86% of your transactions generating a profit, with an average return of +7.85% per trade.
1 Year
Jordan BenderCitizens JMP
Success Rate
17/29 ratings generated profit
59%
Average Return
+29.30%
Copying Jordan Bender's trades and holding each position for 1 Year would result in 58.62% of your transactions generating a profit, with an average return of +29.30% per trade.
2 Years
xxx
Success Rate
12/24 ratings generated profit
50%
Average Return
+26.25%
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 50.00% of your transactions generating a profit, with an average return of +26.25% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

DKNG Analyst Recommendation Trends

Rating
Jan 26
Feb 26
Mar 26
Apr 26
May 26
Strong Buy
24
26
33
30
17
Buy
46
48
48
39
32
Hold
13
14
14
11
8
Sell
1
0
0
0
0
Strong Sell
0
0
0
0
0
total
84
88
95
80
57
In the current month, DKNG has received 49 Buy Ratings, 8 Hold Ratings, and 0 Sell Ratings. DKNG average Analyst price target in the past 3 months is 34.63.
Each month's total comprises the sum of three months' worth of ratings.

DKNG Financial Forecast

DKNG Earnings Forecast

Next quarter’s earnings estimate for DKNG is $0.15 with a range of -$0.01 to $0.38. The previous quarter’s EPS was $0.04. DKNG beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 58.76% of the time in the same period. In the last calendar year DKNG has Performed in-line its overall industry.
Next quarter’s earnings estimate for DKNG is $0.15 with a range of -$0.01 to $0.38. The previous quarter’s EPS was $0.04. DKNG beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 58.76% of the time in the same period. In the last calendar year DKNG has Performed in-line its overall industry.

DKNG Sales Forecast

Next quarter’s sales forecast for DKNG is $1.57B with a range of $1.47B to $1.67B. The previous quarter’s sales results were $1.65B. DKNG beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 58.25% of the time in the same period. In the last calendar year DKNG has Performed in-line its overall industry.
Next quarter’s sales forecast for DKNG is $1.57B with a range of $1.47B to $1.67B. The previous quarter’s sales results were $1.65B. DKNG beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 58.25% of the time in the same period. In the last calendar year DKNG has Performed in-line its overall industry.

DKNG Stock Forecast FAQ

What is DKNG’s average 12-month price target, according to analysts?
Based on analyst ratings, DraftKings’s 12-month average price target is 34.63.
    What is DKNG’s upside potential, based on the analysts’ average price target?
    DraftKings has 51.76% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is DKNG a Buy, Sell or Hold?
          DraftKings has a consensus rating of Strong Buy which is based on 24 buy ratings, 6 hold ratings and 0 sell ratings.
            What is DraftKings’s price target?
            The average price target for DraftKings is 34.63. This is based on 30 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $50.00 ,the lowest forecast is $26.00. The average price target represents 51.76% Increase from the current price of $22.82.
              What do analysts say about DraftKings?
              DraftKings’s analyst rating consensus is a Strong Buy. This is based on the ratings of 30 Wall Streets Analysts.
                How can I buy shares of DKNG?
                Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.