DraftKings (DKNG) News Today $32.95 -2.03 (-5.80%) Closing price 04:00 PM EasternExtended Trading$33.06 +0.11 (+0.33%) As of 07:59 PM Eastern Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more. Add Compare Share Share Headlines Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsBuy This Stock Why Is DraftKings Dropping Today?Toggle Visibility of Why Is DraftKings Dropping Today?DraftKings Inc. (NASDAQ:DKNG) shares have softened amid mounting competition from prediction markets, analyst price‐target cuts and sector volatility. Below is a rundown of the latest news shaping DKNG’s trading today. Positive Sentiment: Jefferies maintains its Buy rating on DraftKings, signaling confidence in the company’s long‐term outlook. Jefferies Maintains Buy Recommendation Neutral Sentiment: DraftKings appears on MarketBeat’s casino‐watch lists for October 6th and 7th alongside peers like MGM and PENN, underscoring ongoing investor interest in gaming names. Top Casino Stocks To Keep An Eye On – October 7th Best Casino Stocks To Consider – October 6th Negative Sentiment: Analysts at Mizuho trimmed their price target on DKNG from $58.00 to $54.00, and Jefferies cut theirs from $54.00 to $51.00, both maintaining Outperform/Buy ratings despite lower valuation headroom. Mizuho Price Target Cut Jefferies Price Target Cut Negative Sentiment: Shares slid roughly 4.7% following an analyst downgrade, highlighting near‐term caution among investors. Shares Down 4.7% After Downgrade Negative Sentiment: Prediction markets are gaining traction, drawing users away from traditional sportsbooks and contributing to a 20%+ decline in DraftKings’ share price over the past month. DraftKings and FanDuel Extend Losing Streak Assessing Valuation as Prediction Markets Pressure Shares Posted 14m agoAI Generated. May Contain Errors. DKNG Latest News All Sources Trusted Sources MarketBeat Barchart Benzinga Bloomberg GlobeNewswire GuruFocus MarketWatch Motley Fool NASDAQ PR Newswire Reuters Seeking Alpha TalkMarkets The Street TipRanks The Wall Street Journal Wall Street Zen Yahoo Finance Source Sentiment refers to the positivity or negativity of each headline according to our language processing algorithm. Sentiment All Sentiments Very Positive Positive Neutral Negative Very Negative Most Recent October 2025 September 2025 August 2025 July 2025 June 2025 May 2025 April 2025 March 2025 February 2025 January 2025 December 2024 November 2024 October 2024 September 2024 August 2024 July 2024 June 2024 May 2024 April 2024 March 2024 February 2024 January 2024 December 2023 November 2023 October 2023 September 2023 August 2023 July 2023 June 2023 May 2023 April 2023 March 2023 February 2023 January 2023 December 2022 November 2022 Time Period DraftKings and FanDuel Extend Losing Streak as Prediction Markets Gain SteamOctober 7 at 3:09 PM | barrons.comDraftKings (DKNG): Assessing Valuation as New Prediction Markets Pressure Shares and Future GrowthOctober 7 at 1:40 PM | finance.yahoo.comTop Casino Stocks To Keep An Eye On - October 7thOctober 7 at 1:09 PM | marketbeat.comDraftKings (NASDAQ:DKNG) Given New $54.00 Price Target at MizuhoOctober 7 at 11:13 AM | marketbeat.comDraftKings (NASDAQ:DKNG) Shares Down 4.7% Following Analyst DowngradeOctober 7 at 10:47 AM | marketbeat.comJefferies Maintains DraftKings (DKNG) Buy RecommendationOctober 7 at 8:39 AM | msn.comJefferies Financial Group Has Lowered Expectations for DraftKings (NASDAQ:DKNG) Stock PriceOctober 7 at 2:39 AM | americanbankingnews.comBest Casino Stocks To Consider - October 6thOctober 6 at 1:02 PM | marketbeat.comDraftKings (NASDAQ:DKNG) Given New $51.00 Price Target at Jefferies Financial GroupOctober 6 at 8:51 AM | marketbeat.comDraftKings Inc. $DKNG Stake Boosted by DAVENPORT & Co LLCOctober 6 at 5:21 AM | marketbeat.comCasino Stocks To Add to Your Watchlist - October 5thOctober 5 at 1:05 PM | marketbeat.com12,467 Shares in DraftKings Inc. $DKNG Purchased by Fortis Capital Advisors LLCOctober 5 at 4:19 AM | marketbeat.comCraig-Hallum Remains a Buy on DraftKings (DKNG)October 5 at 2:58 AM | theglobeandmail.comBarclays Remains a Buy on DraftKings (DKNG)October 5 at 2:58 AM | theglobeandmail.comPrediction markets shake up sports betting, rattling DraftKings and FanDuelOctober 4 at 3:55 PM | msn.comCasino Stocks To Research - October 4thOctober 4 at 1:02 PM | marketbeat.comMy 3 Favorite Stocks to Buy Right NowOctober 4 at 8:37 AM | fool.comElevate Capital Advisors LLC Makes New $662,000 Investment in DraftKings Inc. $DKNGOctober 4 at 6:54 AM | marketbeat.comDraftKings (NASDAQ:DKNG) Rating Lowered to "Hold" at Wall Street ZenOctober 4 at 3:39 AM | americanbankingnews.comBenchmark Lowers DraftKings (NASDAQ:DKNG) Price Target to $43.00October 4 at 2:15 AM | americanbankingnews.comWall Street Zen Downgrades DraftKings (NASDAQ:DKNG) to HoldOctober 3, 2025 | marketbeat.comRobinhood Up 12%—Could Prediction Markets Be Its Secret Weapon? (DKNG)Robinhood's event contracts doubled in Q3, sparking a 12% stock surge. Here's how prediction markets may fuel HOOD’s long-term revenue growth.October 3, 2025 | marketbeat.comSpruce Point cautious on DraftKings, says company faces up to 60% downside risk from prediction marketsOctober 3, 2025 | investing.comTop Casino Stocks To Watch Today - October 3rdOctober 3, 2025 | marketbeat.comWhy Is DraftKings Stock Falling, and Is It a Buy on the Dip?October 3, 2025 | fool.comDraftKings (NASDAQ:DKNG) Given New $56.00 Price Target at CitigroupOctober 3, 2025 | americanbankingnews.comBenchmark Maintains DraftKings (DKNG) Buy RecommendationOctober 3, 2025 | msn.comDraftKings (NASDAQ:DKNG) Downgraded to Strong Sell Rating by Northland CapmkOctober 3, 2025 | americanbankingnews.comCiti Reaffirms Their Buy Rating on DraftKings (DKNG)October 2, 2025 | theglobeandmail.comBest Entertainment Stocks To Follow Today - October 2ndOctober 2, 2025 | marketbeat.comCasino Stocks To Keep An Eye On - October 2ndOctober 2, 2025 | marketbeat.comDraftKings faces growing threat from prediction markets, says short sellerOctober 2, 2025 | investing.comNorthland Securities downgrades DraftKings (DKNG) to a SellOctober 2, 2025 | theglobeandmail.comCan DraftKings (DKNG) Maintain Its Edge as Sports Betting Competition Intensifies?October 2, 2025 | finance.yahoo.comBenchmark Cuts DraftKings (NASDAQ:DKNG) Price Target to $43.00October 2, 2025 | marketbeat.comDraftKings (NASDAQ:DKNG) Downgraded to "Strong Sell" Rating by Northland CapmkOctober 2, 2025 | marketbeat.comDraftKings (NASDAQ:DKNG) Price Target Lowered to $55.00 at OppenheimerOctober 2, 2025 | americanbankingnews.comDraftKings' (DKNG) Under Perform Rating Reaffirmed at Northland SecuritiesOctober 2, 2025 | americanbankingnews.comOppenheimer Maintains DraftKings (DKNG) Outperform RecommendationOctober 2, 2025 | msn.comDraftKings (DKNG) Nosedives 11.6% as New Kalshi Product Threatens BusinessOctober 2, 2025 | insidermonkey.comDraftKings shares slashed for seven consecutive sessionsOctober 1, 2025 | msn.comTop Casino Stocks To Follow Today - October 1stOctober 1, 2025 | marketbeat.comCitigroup Lowers DraftKings (NASDAQ:DKNG) Price Target to $56.00October 1, 2025 | marketbeat.comApple initiated, DraftKings downgraded: Wall Street's top analyst callsOctober 1, 2025 | finance.yahoo.comDraftKings (DKNG) Stock Trades Down, Here Is WhyOctober 1, 2025 | finance.yahoo.comDraftKings Gets Slew Of Price Target Cuts: Oppenheimer Highlights 'Unfavorable' September, Citi Points To Potential Headwinds AheadOctober 1, 2025 | msn.comDraftKings (NASDAQ:DKNG) Price Target Cut to $55.00 by Analysts at OppenheimerOctober 1, 2025 | marketbeat.comDraftKings (NASDAQ:DKNG) Receives "Under Perform" Rating from Northland SecuritiesOctober 1, 2025 | marketbeat.comDraftKings Teams Up with The Larry Fitzgerald Foundation, Turning Picks into Breast Cancer Awareness and SupportOctober 1, 2025 | globenewswire.comQTR Family Wealth LLC Invests $338,000 in DraftKings Inc. $DKNGOctober 1, 2025 | marketbeat.com Get DraftKings News Delivered to You Automatically Sign up to receive the latest news and ratings for DKNG and its competitors with MarketBeat's FREE daily newsletter. 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Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press. DKNG News Sentiment▼0.250.59▲Average Consumer Discretionary News Sentiment DKNG News Coverage Learn about the media coverage comparison. We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week. DKNG Articles This Week▼5827▲DKNG Articles Average Week Get the Latest News and Ratings for DKNG and Related Stocks Enter your email address to receive the latest news and analysts' ratings for DraftKings and its competitors. 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