DraftKings (DKNG) Stock Forecast & Price Target

$47.80 +0.09 (+0.19%)

Closing price 08/27/2025 04:00 PM Eastern

Extended Trading

$47.84 +0.04 (+0.09%)

As of 08:00 AM Eastern

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DraftKings - Analysts' Recommendations and Stock Price Forecast (2025)

Consensus Rating

Moderate Buy

Based on 27 Analyst Ratings

Sell
0

Hold
2

Buy
25

Based on 27 Wall Street analysts who have issued ratings for DraftKings in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 27 analysts, 2 have given a hold rating, and 25 have given a buy rating for DKNG.

Consensus Price Target

$54.50
14.02% Upside

According to the 27 analysts' twelve-month price targets for DraftKings, the average price target is $54.50. The highest price target for DKNG is $65.00, while the lowest price target for DKNG is $35.00. The average price target represents a forecasted upside of 14.02% from the current price of $47.80.

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

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DKNG Analyst Ratings Over Time

Type	Current Forecast 8/28/24 to 8/28/25	1 Month Ago 7/29/24 to 7/29/25	3 Months Ago 5/30/24 to 5/30/25	1 Year Ago 8/29/23 to 8/28/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	25 Buy rating(s)	27 Buy rating(s)	26 Buy rating(s)	24 Buy rating(s)
Hold	2 Hold rating(s)	1 Hold rating(s)	2 Hold rating(s)	2 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$54.50	$54.38	$54.96	$49.56
Forecasted Upside	14.02% Upside	24.72% Upside	54.87% Upside	44.27% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

DKNG Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

DKNG Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

DraftKings Stock vs. The Competition

Type	DraftKings	Consumer Discretionary Companies	S&P 500
Consensus Rating Score	2.93	2.61	2.53
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	14.02% Upside	117.33% Upside	9.99% Upside
News Sentiment Rating	Positive News See Recent DKNG News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

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Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
8/21/2025	Jefferies Financial Group 2 of 5 stars	David Katz Subscribe to MarketBeat All Access for the recommendation accuracy rating	Set Target		$54.00	+13.84%
8/8/2025	Susquehanna 3 of 5 stars	Joseph Stauff Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Positive ➝ Positive	$64.00	+45.29%
8/8/2025	Deutsche Bank Aktiengesellschaft 2 of 5 stars	Steven Pizzella Subscribe to MarketBeat All Access for the recommendation accuracy rating	Set Target	Hold ➝ Hold	$47.00	+9.61%
8/8/2025	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Brandt Montour Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Overweight ➝ Overweight	$51.00 ➝ $54.00	+19.47%
8/7/2025	Benchmark Subscribe to MarketBeat All Access for the recommendation accuracy rating	Mike Hickey Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$50.00 ➝ $53.00	+16.84%
7/16/2025	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating	Jeffrey Stantial Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$53.00 ➝ $51.00	+17.73%
7/16/2025	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	Barry Jonas Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$50.00 ➝ $55.00	+26.33%
7/11/2025	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy
7/11/2025	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Stephen Grambling Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Overweight ➝ Overweight	$51.00 ➝ $52.00	+20.28%
6/23/2025	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Daniel Politzer Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Overweight	$50.00	+23.43%
Get the Latest News and Ratings for DKNG and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for DraftKings and its competitors with MarketBeat's FREE daily newsletter.
6/5/2025	JMP Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating	Jordan Bender Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Market Outperform ➝ Market Outperform	$54.00 ➝ $50.00	+43.51%
6/4/2025	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating	I. Moore Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform	$46.00	+34.03%
5/12/2025	Macquarie Subscribe to MarketBeat All Access for the recommendation accuracy rating	Chad Beynon Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Outperform ➝ Outperform	$55.00 ➝ $53.00	+40.01%
5/12/2025	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating	Ben Chaiken Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Outperform ➝ Outperform	$59.00 ➝ $58.00	+53.87%
5/12/2025	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating	Curry Baker Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$61.00 ➝ $60.00	+56.70%
5/9/2025	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Shaun Kelley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$60.00 ➝ $50.00	+35.63%
5/9/2025	Needham & Company LLC Subscribe to MarketBeat All Access for the recommendation accuracy rating	Bernie McTernan Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Buy	$65.00 ➝ $65.00	+83.88%
4/25/2025	Northland Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Set Target		$50.00	+50.24%
4/24/2025	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	Brian Pitz Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform ➝ Outperform	$65.00	+89.47%
4/24/2025	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy
4/24/2025	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lance Vitanza Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$60.00 ➝ $55.00	+59.50%
4/22/2025	BTIG Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	Clark Lampen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$64.00 ➝ $52.00	+60.30%
4/14/2025	Cfra Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	Z. Warring Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Moderate Buy
2/18/2025	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating	John Staszak Subscribe to MarketBeat All Access for the recommendation accuracy rating	Set Target		$60.00	+31.67%
2/18/2025	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating	Matt Farrell Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Overweight ➝ Overweight	$48.00 ➝ $60.00	+13.59%
2/18/2025	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	Daniel Politzer Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$53.00 ➝ $60.00	+13.59%
2/14/2025	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Michael Graham Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$54.00 ➝ $60.00	+29.17%
2/4/2025	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lance Vitanza Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$55.00 ➝ $51.00	+23.81%
9/10/2024	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Johnson Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Underperform ➝ Neutral	$35.00	-3.07%
9/4/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$56.00 ➝ $58.00	+68.31%
8/5/2024	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$58.00 ➝ $55.00	+72.58%
8/5/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$60.00 ➝ $54.00	+68.64%
5/31/2024	Berenberg Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Cummings Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold
3/28/2024	Moffett Nathanson Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$52.00 ➝ $55.00	+21.28%
2/15/2024	Bank Of America (Bofa) Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$45.00 ➝ $50.00	+12.21%
11/15/2023	Craig Hallum Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$40.00 ➝ $45.00	+21.92%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 07:49 AM ET.

Should I Buy DraftKings Stock? DKNG Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, August 27, 2025. Please send any questions or comments about these DraftKings pros and cons to contact@marketbeat.com.

DraftKings
Bull Case

Here are some ways that investors could benefit from investing in DraftKings Inc.:

The current stock price is around $47.71, reflecting a strong market interest and potential for growth.
DraftKings Inc. has received multiple "buy" ratings from analysts, indicating positive sentiment and confidence in the company's future performance.
Recent upgrades from investment firms, including a shift from "hold" to "buy," suggest that analysts expect the company to outperform the market.
The company operates in the rapidly growing digital sports entertainment and gaming sector, which is expected to expand significantly in the coming years.
Insider ownership is substantial, with company insiders holding over 47% of the stock, which can indicate confidence in the company's long-term prospects.

DraftKings
Bear Case

Investors should be bearish about investing in DraftKings Inc. for these reasons:

The company has a high debt-to-equity ratio of 1.82, which may indicate financial risk and reliance on debt for growth.
DraftKings Inc. has a negative PE ratio, suggesting that it is currently not profitable, which can be a red flag for potential investors.
Recent insider selling, including a significant transaction by the CFO, may raise concerns about the company's future performance and insider confidence.
Market volatility in the gaming sector can impact stock performance, making it a riskier investment compared to more stable industries.
Analysts have varying target prices, with some estimates being lower than the current stock price, indicating potential uncertainty in future valuations.

DKNG Forecast - Frequently Asked Questions

: According to the research reports of 27 Wall Street equities research analysts, the average twelve-month stock price forecast for DraftKings is $54.50, with a high forecast of $65.00 and a low forecast of $35.00.
: 27 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for DraftKings in the last twelve months. There are currently 2 hold ratings and 25 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" DKNG shares.
: According to analysts, DraftKings's stock has a predicted upside of 14.02% based on their 12-month stock forecasts.
: DraftKings has been rated by research analysts at Barclays, Benchmark, Citigroup, Deutsche Bank Aktiengesellschaft, Jefferies Financial Group, JMP Securities, JPMorgan Chase & Co., Morgan Stanley, Sanford C. Bernstein, Stifel Nicolaus, Susquehanna, and Truist Financial in the past 90 days.
: Analysts like DraftKings more than other "consumer discretionary" companies. The consensus rating score for DraftKings is 2.93 while the average consensus rating score for "consumer discretionary" companies is 2.61. Learn more on how DKNG compares to other companies.

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This page (NASDAQ:DKNG) was last updated on 8/28/2025 by MarketBeat.com Staff

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DraftKings (DKNG) Stock Forecast & Price Target

DraftKings - Analysts' Recommendations and Stock Price Forecast (2025)

Consensus Rating

Consensus Price Target

DKNG Analyst Ratings Over Time

DKNG Analyst Recommendations By Month

DKNG Price Targets by Month

DraftKings Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

Should I Buy DraftKings Stock? DKNG Pros and Cons Explained

DraftKings
Bull Case

DraftKings
Bear Case

DKNG Forecast - Frequently Asked Questions

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DraftKings (DKNG) Stock Forecast & Price Target

DraftKings - Analysts' Recommendations and Stock Price Forecast (2025)

Consensus Rating

Consensus Price Target

DKNG Analyst Ratings Over Time

DKNG Analyst Recommendations By Month

DKNG Price Targets by Month

DraftKings Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

Should I Buy DraftKings Stock? DKNG Pros and Cons Explained

DraftKings Bull Case

DraftKings Bear Case

DKNG Forecast - Frequently Asked Questions

Stock Forecasts and Research Tools

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

DraftKings
Bull Case

DraftKings
Bear Case