DraftKings Inc. (DKNG)
NASDAQ: DKNG · Real-Time Price · USD
23.40
-0.56 (-2.34%)
Mar 24, 2026, 3:11 PM EDT - Market open
DraftKings Stock Forecast
Stock Price Forecast
The 29 analysts that cover DraftKings stock have a consensus rating of "Strong Buy" and an average price target of $40.97, which forecasts a 75.09% increase in the stock price over the next year. The lowest target is $29 and the highest is $55.
Price Target: $40.97 (+75.09%)
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for DraftKings stock 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 | Oct '25 | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 15 | 13 | 13 | 13 | 15 | 15 |
| Buy | 10 | 12 | 12 | 14 | 12 | 12 |
| Hold | 0 | 2 | 2 | 1 | 1 | 2 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 26 | 28 | 28 | 29 | 29 | 30 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BTIG | BTIG | Strong Buy Reiterates $35 | Strong Buy | Reiterates | $35 | +49.57% | Mar 23, 2026 |
| Argus Research | Argus Research | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Mar 17, 2026 |
| UBS | UBS | Strong Buy Maintains $53 → $43 | Strong Buy | Maintains | $53 → $43 | +83.76% | Mar 16, 2026 |
| Macquarie | Macquarie | Buy Maintains $40 | Buy | Maintains | $40 | +70.94% | Mar 3, 2026 |
| BMO Capital | BMO Capital | Buy Maintains $42 → $50 | Buy | Maintains | $42 → $50 | +113.68% | Mar 3, 2026 |
Financial Forecast
Revenue This Year
7.00B
from 6.05B
Increased by 15.57%
Revenue Next Year
7.90B
from 7.00B
Increased by 12.91%
EPS This Year
0.39
from -0.01
EPS Next Year
1.14
from 0.39
Increased by 193.53%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 8.0B | 9.3B | |||
| Avg | 7.0B | 7.9B | |||
| Low | 6.4B | 7.0B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 32.2% | 32.9% | |||
| Avg | 15.6% | 12.9% | |||
| Low | 5.8% | 0.1% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 1.28 | 2.22 | |||
| Avg | 0.39 | 1.14 | |||
| Low | 0.07 | 0.54 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | - | 469.9% | |||
| Avg | - | 193.5% | |||
| Low | - | 38.6% |
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.