DraftKings Inc. (DKNG)
NASDAQ: DKNG · Real-Time Price · USD
30.40
+2.42 (8.65%)
At close: Nov 7, 2025, 4:00 PM EST
30.51
+0.11 (0.36%)
Pre-market: Nov 10, 2025, 5:20 AM EST
DraftKings Stock Forecast
Stock Price Forecast
The 28 analysts that cover DraftKings stock have a consensus rating of "Strong Buy" and an average price target of $51.68, which forecasts a 70.00% increase in the stock price over the next year. The lowest target is $33 and the highest is $63.
Price Target: $51.68 (+70.00%)
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 | Jun '25 | Jul '25 | Aug '25 | Sep '25 | Oct '25 | Nov '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 13 | 15 | 14 | 14 | 15 | 14 |
| Buy | 11 | 11 | 10 | 10 | 10 | 12 |
| Hold | 0 | 0 | 0 | 0 | 0 | 1 |
| Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 24 | 26 | 24 | 24 | 26 | 28 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $52 | Strong Buy | Reiterates | $52 | +71.05% | Nov 10, 2025 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $60 → $54 | Strong Buy | Maintains | $60 → $54 | +77.63% | Nov 7, 2025 |
| Benchmark | Benchmark | Strong Buy Maintains $43 → $37 | Strong Buy | Maintains | $43 → $37 | +21.71% | Nov 7, 2025 |
| BTIG | BTIG | Strong Buy Maintains $45 → $42 | Strong Buy | Maintains | $45 → $42 | +38.16% | Nov 7, 2025 |
| BMO Capital | BMO Capital | Buy Maintains $65 → $63 | Buy | Maintains | $65 → $63 | +107.24% | Nov 4, 2025 |
Financial Forecast
Revenue This Year
6.36B
from 4.77B
Increased by 33.29%
Revenue Next Year
7.63B
from 6.36B
Increased by 20.08%
EPS This Year
0.27
from -1.05
EPS Next Year
1.19
from 0.27
Increased by 334.93%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 6.8B | 8.4B | |||
| Avg | 6.4B | 7.6B | |||
| Low | 5.8B | 6.7B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 42.9% | 31.9% | |||
| Avg | 33.3% | 20.1% | |||
| Low | 22.0% | 5.5% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 0.56 | 1.81 | |||
| Avg | 0.27 | 1.19 | |||
| Low | -0.12 | 0.60 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | - | 560.0% | |||
| Avg | - | 334.9% | |||
| Low | - | 118.4% |
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.