DraftKings Stock Forecast

Stock Price Forecast

The 25 analysts with 12-month price forecasts for DraftKings stock have an average target of 55.44, with a low estimate of 35 and a high estimate of 65. The average target predicts an increase of 64.95% from the current stock price of 33.61.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$35	$55.44	$55	$65
Change	+4.14%	+64.95%	+63.64%	+93.39%

Analyst Ratings

The average analyst rating for DraftKings stock from 25 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	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25
Strong Buy	14	12	12	14	14	13
Buy	11	11	11	11	11	11
Hold	1	1	1	1	1	1
Sell	1	1	1	0	0	0
Strong Sell	0	0	0	0	0	0
Total	27	25	25	26	26	25

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Curry Baker Guggenheim	Guggenheim	Strong Buy Maintains $62 → $61	Strong Buy	Maintains	$62 → $61	+81.49%	Apr 10, 2025
Bernie McTernan Needham	Needham	Strong Buy Reiterates $65	Strong Buy	Reiterates	$65	+93.39%	Apr 7, 2025
Jordan Bender Citizens Capital Markets	Citizens Capital Markets	Buy Maintains $60 → $57	Buy	Maintains	$60 → $57	+69.59%	Apr 2, 2025
Jordan Bender Citizens Capital Markets	Citizens Capital Markets	Buy Reiterates $60	Buy	Reiterates	$60	+78.52%	Mar 21, 2025
Mike Hickey Benchmark	Benchmark	Strong Buy Maintains $44 → $51	Strong Buy	Maintains	$44 → $51	+51.74%	Mar 10, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

6.56B

from 4.77B

37.59%

from 4.77B

Revenue Next Year

7.77B

from 6.56B

18.49%

from 6.56B

EPS This Year

0.54

from -1.05

EPS Next Year

1.51

from 0.54

180.87%

from 0.54

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	614.53M	1.30B	2.24B	3.67B	4.77B	6.56B	7.77B	8.93B
Revenue Growth	90.02%	110.90%	72.87%	63.60%	30.07%	37.59%	18.49%	14.88%
EPS	-4.03	-3.78	-3.16	-1.73	-1.05	0.54	1.51	2.33
EPS Growth	-	-	-	-	-	-	180.87%	54.55%
Forward PE	-	-	-	-	-	62.63	22.30	14.43
No. Analysts	-	-	-	-	-	34	34	15

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	6.9B	8.6B	10.0B
Avg	6.6B	7.8B	8.9B
Low	6.0B	6.9B	7.6B

Revenue Growth

Revenue Growth	2025	2026	2027
High	45.2%	30.7%	28.3%
Avg	37.6%	18.5%	14.9%
Low	26.6%	5.4%	-2.2%

EPS Forecast

EPS	2025	2026	2027
High	0.81	1.87	2.93
Avg	0.54	1.51	2.33
Low	0.12	0.90	1.33

EPS Growth

EPS Growth	2025	2026	2027
High	-	248.3%	94.3%
Avg	-	180.9%	54.5%
Low	-	68.0%	-11.6%

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.