DraftKings Inc. (DKNG)
NASDAQ: DKNG · Real-Time Price · USD
35.24
+0.69 (2.00%)
At close: Dec 4, 2025, 4:00 PM EST
35.44
+0.25 (0.71%)
Pre-market: Dec 5, 2025, 4:58 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 $47.71, which forecasts a 35.39% increase in the stock price over the next year. The lowest target is $31 and the highest is $63.
Price Target: $47.71 (+35.39%)
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 | Jul '25 | Aug '25 | Sep '25 | Oct '25 | Nov '25 | Dec '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 15 | 14 | 14 | 15 | 13 | 13 |
| Buy | 11 | 10 | 10 | 10 | 12 | 12 |
| Hold | 0 | 0 | 0 | 0 | 2 | 2 |
| Sell | 0 | 0 | 0 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 26 | 24 | 24 | 26 | 28 | 28 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $52 | Strong Buy | Reiterates | $52 | +47.56% | Nov 19, 2025 |
| Wells Fargo | Wells Fargo | Hold Initiates $31 | Hold | Initiates | $31 | -12.03% | Nov 18, 2025 |
| Mizuho | Mizuho | Buy Maintains $54 → $46 | Buy | Maintains | $54 → $46 | +30.53% | Nov 13, 2025 |
| Citigroup | Citigroup | Strong Buy Maintains $56 → $48 | Strong Buy | Maintains | $56 → $48 | +36.21% | Nov 10, 2025 |
| Barclays | Barclays | Buy Maintains $54 → $40 | Buy | Maintains | $54 → $40 | +13.51% | Nov 10, 2025 |
Financial Forecast
Revenue This Year
6.11B
from 4.77B
Increased by 28.24%
Revenue Next Year
7.47B
from 6.11B
Increased by 22.13%
EPS This Year
-0.20
from -1.05
EPS Next Year
0.74
from -0.20
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 6.4B | 8.1B | ||||
| Avg | 6.1B | 7.5B | ||||
| Low | 5.7B | 6.8B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 34.2% | 32.0% | ||||
| Avg | 28.2% | 22.1% | ||||
| Low | 19.8% | 10.8% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | -0.08 | 1.18 | ||||
| Avg | -0.20 | 0.74 | ||||
| Low | -0.43 | 0.32 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | - | - | ||||
| Avg | - | - | ||||
| 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.