DraftKings Inc. (DKNG)
NASDAQ: DKNG · Real-Time Price · USD
37.88
+0.32 (0.85%)
At close: Jun 11, 2025, 4:00 PM
37.25
-0.63 (-1.66%)
Pre-market: Jun 12, 2025, 7:48 AM EDT
DraftKings Stock Forecast
Stock Price Forecast
According to 24 professional analysts, the 12-month price target for DraftKings stock ranges from a low of $48 to a high of $61. The average analyst price target of $54.54 forecasts a 43.98% increase in the stock price over the next year.
Price Target: $54.54 (+43.98%)
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 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 12 | 14 | 14 | 14 | 13 | 13 |
| Buy | 11 | 11 | 11 | 11 | 11 | 11 |
| Hold | 1 | 1 | 1 | 1 | 0 | 0 |
| Sell | 1 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 25 | 26 | 26 | 26 | 24 | 24 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JMP Securities | JMP Securities | Buy Maintains $54 → $50 | Buy | Maintains | $54 → $50 | +32.00% | Jun 5, 2025 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $53 → $51 | Buy | Maintains | $53 → $51 | +34.64% | May 30, 2025 |
| Susquehanna | Susquehanna | Buy Maintains $42 → $52 | Buy | Maintains | $42 → $52 | +37.28% | May 12, 2025 |
| Macquarie | Macquarie | Buy Maintains $55 → $53 | Buy | Maintains | $55 → $53 | +39.92% | May 12, 2025 |
| Mizuho | Mizuho | Buy Maintains $59 → $58 | Buy | Maintains | $59 → $58 | +53.12% | May 12, 2025 |
Financial Forecast
Revenue This Year
6.40B
from 4.77B
Increased by 34.22%
Revenue Next Year
7.67B
from 6.40B
Increased by 19.78%
EPS This Year
0.37
from -1.05
EPS Next Year
1.46
from 0.37
Increased by 294.88%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 6.7B | 8.3B | 10.0B | ||
| Avg | 6.4B | 7.7B | 8.9B | ||
| Low | 6.0B | 6.7B | 7.4B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 39.6% | 28.9% | 30.0% | ||
| Avg | 34.2% | 19.8% | 15.9% | ||
| Low | 26.8% | 5.3% | -3.7% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 0.60 | 1.91 | 2.92 | ||
| Avg | 0.37 | 1.46 | 2.28 | ||
| Low | 0.16 | 0.96 | 1.27 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | - | 418.1% | 100.4% | ||
| Avg | - | 294.9% | 56.8% | ||
| Low | - | 160.4% | -12.5% |
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.