DraftKings Inc. (DKNG)
NASDAQ: DKNG · Real-Time Price · USD
41.51
+2.22 (5.65%)
At close: Jan 21, 2025, 4:00 PM
41.50
-0.01 (-0.02%)
After-hours: Jan 21, 2025, 6:47 PM EST
DraftKings Stock Forecast
Stock Price Forecast
The 25 analysts with 12-month price forecasts for DraftKings stock have an average target of 50.8, with a low estimate of 28 and a high estimate of 62. The average target predicts an increase of 22.38% from the current stock price of 41.51.
Analyst Consensus: Strong Buy
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 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 14 | 14 | 13 | 14 | 12 | 12 |
| Buy | 10 | 10 | 11 | 11 | 11 | 11 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 26 | 26 | 26 | 27 | 25 | 25 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Susquehanna | Susquehanna | Buy Maintains $56 → $54 | Buy | Maintains | $56 → $54 | +30.09% | Jan 8, 2025 |
| Benchmark | Benchmark | Strong Buy Reiterates $44 | Strong Buy | Reiterates | $44 | +6.00% | Jan 7, 2025 |
| JMP Securities | JMP Securities | Buy Maintains $52 → $50 | Buy | Maintains | $52 → $50 | +20.45% | Jan 6, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $47 → $53 | Buy | Maintains | $47 → $53 | +27.68% | Dec 13, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $50 → $55 | Strong Buy | Maintains | $50 → $55 | +32.50% | Nov 12, 2024 |
Financial Forecast
Revenue This Year
5.00B
from 3.67B
Increased by 36.44%
Revenue Next Year
6.52B
from 5.00B
Increased by 30.29%
EPS This Year
-0.79
from -1.73
EPS Next Year
0.51
from -0.79
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 5.2B | 6.9B | 8.5B | |||
| Avg | 5.0B | 6.5B | 7.7B | |||
| Low | 4.7B | 5.9B | 6.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 41.9% | 38.0% | 29.8% | |||
| Avg | 36.4% | 30.3% | 17.8% | |||
| Low | 27.0% | 17.7% | 6.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | -0.69 | 0.91 | 2.19 | |||
| Avg | -0.79 | 0.51 | 1.46 | |||
| Low | -0.88 | -0.24 | -0.98 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | - | - | 332.9% | |||
| Avg | - | - | 188.7% | |||
| Low | - | - | - |
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.