DraftKings Inc. (DKNG)
NASDAQ: DKNG · Real-Time Price · USD
45.57
-3.87 (-7.83%)
At close: Feb 21, 2025, 4:00 PM
45.50
-0.07 (-0.15%)
After-hours: Feb 21, 2025, 7:55 PM EST
DraftKings Stock Forecast
Stock Price Forecast
The 26 analysts with 12-month price forecasts for DraftKings stock have an average target of 55, with a low estimate of 35 and a high estimate of 65. The average target predicts an increase of 20.69% from the current stock price of 45.57.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for DraftKings stock from 26 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 14 | 13 | 14 | 12 | 12 | 14 |
| Buy | 10 | 11 | 11 | 11 | 11 | 11 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 1 | 1 | 1 | 1 | 1 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 26 | 26 | 27 | 25 | 25 | 26 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $53 → $61 | Buy | Maintains | $53 → $61 | +33.86% | Feb 18, 2025 |
| JMP Securities | JMP Securities | Buy Maintains $50 → $60 | Buy | Maintains | $50 → $60 | +31.67% | Feb 18, 2025 |
| Wells Fargo | Wells Fargo | Buy Maintains $53 → $60 | Buy | Maintains | $53 → $60 | +31.67% | Feb 18, 2025 |
| Piper Sandler | Piper Sandler | Buy Reiterates $48 → $60 | Buy | Reiterates | $48 → $60 | +31.67% | Feb 18, 2025 |
| Barclays | Barclays | Buy Maintains $50 → $60 | Buy | Maintains | $50 → $60 | +31.67% | Feb 18, 2025 |
Financial Forecast
Revenue This Year
6.52B
from 4.77B
Increased by 36.80%
Revenue Next Year
7.68B
from 6.52B
Increased by 17.77%
EPS This Year
0.52
from -1.05
EPS Next Year
1.46
from 0.52
Increased by 182.41%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 6.9B | 8.5B | 10.1B | ||
| Avg | 6.5B | 7.7B | 8.9B | ||
| Low | 5.9B | 7.0B | 7.6B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 44.9% | 29.7% | 31.2% | ||
| Avg | 36.8% | 17.8% | 15.4% | ||
| Low | 23.4% | 6.8% | -1.3% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 0.92 | 2.19 | 3.33 | ||
| Avg | 0.52 | 1.46 | 2.95 | ||
| Low | -0.24 | -0.98 | 2.48 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | - | 324.8% | 128.2% | ||
| Avg | - | 182.4% | 102.5% | ||
| Low | - | - | 70.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.