×
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
NASDAQ:DKNG

DraftKings Price Target, Predictions & Analyst Ratings

$14.15
+1.07 (+8.18%)
(As of 06/24/2022 06:55 PM ET)
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Today's Range
$13.23
$14.19
50-Day Range
$10.27
$16.88
52-Week Range
$9.77
$64.58
Volume
24.43 million shs
Average Volume
25.84 million shs
Market Capitalization
$11.34 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$35.52

DraftKings (NASDAQ:DKNG) Price Target and Consensus Rating (2022)

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.

Consensus Analyst Rating

Moderate Buy
Based on 22 Analyst Ratings

Consensus Analyst Price Target

$35.52
151.05% Upside
High Price Target$85.00
Average Price Target$35.52
Low Price Target$16.00
TypeCurrent
6/27/21 to 6/27/22
1 Month Ago
5/28/21 to 5/28/22
3 Months Ago
3/29/21 to 3/29/22
1 Year Ago
6/27/20 to 6/27/21
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
12 Buy rating(s)
12 Buy rating(s)
14 Buy rating(s)
20 Buy rating(s)
Hold
10 Hold rating(s)
10 Hold rating(s)
11 Hold rating(s)
6 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$35.52$35.86$44.15$68.02
Predicted Upside151.05% Upside41.41% Upside44.10% Upside28.44% Upside
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DKNG Stock Analyst Ratings 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.
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DKNG Stock Price Target 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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

DraftKings Stock vs. The Competition

TypeDraftKingsConsumer Discretionary CompaniesS&P 500
Consensus Rating Score
2.55
2.56
2.52
Consensus RatingModerate BuyBuyBuy
Predicted Upside151.05% Upside170.54% Upside29.92% Upside
News Sentiment RatingNeutral News
Neutral News
Neutral News
MarketBeat
Community Rating
Outperform Votes
169
68.98%
Underperform Votes
76
31.02%
Avg. Outperform Votes
252
65.97%
Avg. Underperform Votes
130
34.03%
Avg. Outperform Votes
840
69.14%
Avg. Underperform Votes
375
30.86%

Historical DraftKings Price Targets and Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/23/2022Morgan Stanley
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Thomas Allen
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Reiterated RatingOverweight$31.00+147.60%
5/31/2022Citigroup
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 Lower TargetBuy$35.00 ➝ $28.00+90.22%
5/16/2022Jefferies Financial Group
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 Initiated CoverageBuy ➝ Buy
5/9/2022Northland Securities
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 Lower Target$40.00 ➝ $25.00+104.92%
5/9/2022Craig Hallum
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 Lower Target$40.00 ➝ $30.00+137.91%
5/9/2022Canaccord Genuity Group
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Michael Graham
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Lower Target$40.00 ➝ $34.00+169.63%
5/9/2022Oppenheimer
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 Lower Target$32.00 ➝ $24.00+82.51%
5/9/2022Needham & Company LLC
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Bernie McTernan
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Lower Target$32.00 ➝ $25.00+90.11%
5/9/2022Deutsche Bank Aktiengesellschaft
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 Lower Target$19.00 ➝ $16.00+21.67%
5/9/2022Loop Capital
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 Lower Target$35.00 ➝ $25.00+90.11%
5/4/2022Cowen
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 Lower Target$60.00 ➝ $50.00+231.56%
3/17/2022UBS Group
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Benjamin Miller CFA
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Lower TargetNeutral$44.00 ➝ $18.00-1.75%
3/7/2022Argus
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 DowngradeBuy ➝ Hold
2/22/2022Roth Capital
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E. Engel
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UpgradeSell ➝ Neutral$23.00 ➝ $19.00+9.89%
2/22/2022Truist Financial
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 Lower TargetHold$30.00 ➝ $22.00+27.24%
2/22/2022Bank of America
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 Lower TargetNeutral$30.00 ➝ $25.00+44.59%
2/22/2022Wells Fargo
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Daniel Politzer
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DowngradeOverweight ➝ Equal Weight$41.00 ➝ $19.00+9.89%
12/13/2021Moffett Nathanson
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Robert Fishman
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Initiated CoverageNeutral$36.00+18.38%
12/7/2021CBRE Group
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 Initiated CoverageHold$36.00+12.54%
11/9/2021BTIG Research
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 Reiterated RatingHold
9/15/2021Credit Suisse Group
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Benjamin Chaiken
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Reiterated RatingBuy$85.00+42.28%
8/9/2021Benchmark
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 Boost TargetBuy$64.00 ➝ $70.00+35.69%
7/28/2021The Goldman Sachs Group
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 Lower TargetBuy$77.00 ➝ $73.00+49.68%
5/12/2021Berenberg Bank
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 UpgradeSell ➝ Hold$41.00 ➝ $42.50-3.43%
5/7/2021Cannonball Research
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Vasily Karasyov
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Reiterated RatingBuy$80.00+60.74%
4/30/2021Guggenheim
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 Initiated CoverageBuy$75.00+30.53%
3/10/2021Macquarie
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 Boost TargetOutperform$71.00 ➝ $73.00+17.36%
3/8/2021Rosenblatt Securities
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 Boost TargetBuy$72.00 ➝ $81.00+36.09%
3/1/2021Piper Sandler
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 Boost Target$58.00 ➝ $67.00-0.49%
1/26/2021Sanford C. Bernstein
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 Initiated CoverageOutperform$71.00+31.41%
12/7/2020JPMorgan Chase & Co.
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 Initiated CoverageNeutral$48.00 ➝ $48.00-2.54%
9/14/2020Wolfe Research
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 Initiated CoveragePeer Perform
9/9/2020Evercore ISI
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 Initiated CoverageOutperform$60.00+62.12%
6/30/2020Stephens
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 Initiated CoverageOverweight$52.00+55.04%
6/3/2020Susquehanna Bancshares
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Joseph Stauff
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Boost Target$35.00 ➝ $48.00+22.14%
(Data available from 6/27/2017 forward. View 10+ years of historical ratings with our analyst ratings screener.)












DraftKings Price Target - Frequently Asked Questions

What is DraftKings's consensus rating and price target?

According to the issued ratings of 22 analysts in the last year, the consensus rating for DraftKings stock is Moderate Buy based on the current 10 hold ratings and 12 buy ratings for DKNG. The average twelve-month price prediction for DraftKings is $35.52 with a high price target of $85.00 and a low price target of $16.00. Learn more on DKNG's analyst rating history.

Do Wall Street analysts like DraftKings more than its competitors?

Analysts like DraftKings stock less than the stock of other Consumer Discretionary companies. The consensus rating for DraftKings is Moderate Buy while the average consensus rating for consumer discretionary companies is Buy. Learn more on how DKNG compares to other companies.

Do MarketBeat users like DraftKings more than its competitors?

MarketBeat users like DraftKings stock more than the stock of other Consumer Discretionary companies. 68.98% of MarketBeat users gave DraftKings an outperform vote while consumer discretionary companies recieve an average of 65.97% outperform votes by MarketBeat users.

Does DraftKings's stock price have much upside?

According to analysts, DraftKings's stock has a predicted upside of 42.52% based on their 12-month price targets.

This page (NASDAQ:DKNG) was last updated on 6/27/2022 by MarketBeat.com Staff

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