DraftKings Inc. (DKNG)
NASDAQ: DKNG · Real-Time Price · USD
25.16
+0.01 (0.04%)
At close: Mar 9, 2026, 4:00 PM EDT
25.25
+0.09 (0.36%)
Pre-market: Mar 10, 2026, 7:17 AM EDT
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 $41.41, which forecasts a 64.59% increase in the stock price over the next year. The lowest target is $29 and the highest is $56.
Price Target: $41.41 (+64.59%)
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 | 1 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 26 | 28 | 28 | 29 | 29 | 29 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Macquarie | Macquarie | Buy Maintains $40 | Buy | Maintains | $40 | +58.98% | Mar 3, 2026 |
| BMO Capital | BMO Capital | Buy Maintains $42 → $50 | Buy | Maintains | $42 → $50 | +98.73% | Mar 3, 2026 |
| Citizens | Citizens | Buy Reiterates $38 | Buy | Reiterates | $38 | +51.03% | Mar 3, 2026 |
| Needham | Needham | Strong Buy Reiterates $35 | Strong Buy | Reiterates | $35 | +39.11% | Mar 3, 2026 |
| BTIG | BTIG | Strong Buy Reiterates $35 | Strong Buy | Reiterates | $35 | +39.11% | Mar 3, 2026 |
Financial Forecast
Revenue This Year
7.01B
from 6.05B
Increased by 15.75%
Revenue Next Year
7.92B
from 7.01B
Increased by 12.94%
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% | 32.7% | |||
| Avg | 15.7% | 12.9% | |||
| Low | 5.8% | -0.0% |
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.