DraftKings Inc. (DKNG)
NASDAQ: DKNG · Real-Time Price · USD
36.03
+0.68 (1.92%)
May 9, 2025, 10:42 AM - Market open
DraftKings Stock Forecast
Stock Price Forecast
The 24 analysts with 12-month price forecasts for DraftKings stock have an average target of 55.29, with a low estimate of 48 and a high estimate of 65. The average target predicts an increase of 53.46% from the current stock price of 36.03.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for DraftKings stock from 24 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 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 12 | 12 | 14 | 14 | 14 | 13 |
| Buy | 11 | 11 | 11 | 11 | 11 | 11 |
| Hold | 1 | 1 | 1 | 1 | 1 | 0 |
| Sell | 1 | 1 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 25 | 25 | 26 | 26 | 26 | 24 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Strong Buy Maintains $60 → $50 | Strong Buy | Maintains | $60 → $50 | +38.77% | May 9, 2025 |
| Needham | Needham | Strong Buy Reiterates $65 | Strong Buy | Reiterates | $65 | +80.41% | May 9, 2025 |
| Mizuho | Mizuho | Buy Maintains $62 → $59 | Buy | Maintains | $62 → $59 | +63.75% | Apr 28, 2025 |
| Citigroup | Citigroup | Strong Buy Maintains $65 → $55 | Strong Buy | Maintains | $65 → $55 | +52.65% | Apr 25, 2025 |
| TD Securities | TD Securities | Strong Buy Maintains $60 → $55 | Strong Buy | Maintains | $60 → $55 | +52.65% | Apr 24, 2025 |
Financial Forecast
Revenue This Year
6.55B
from 4.77B
Increased by 37.34%
Revenue Next Year
7.77B
from 6.55B
Increased by 18.68%
EPS This Year
0.50
from -1.05
EPS Next Year
1.49
from 0.50
Increased by 199.86%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 6.9B | 8.6B | 10.0B | ||
| Avg | 6.5B | 7.8B | 8.9B | ||
| Low | 6.0B | 6.9B | 7.6B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 45.2% | 30.9% | 28.3% | ||
| Avg | 37.3% | 18.7% | 15.0% | ||
| Low | 26.6% | 5.6% | -2.2% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 0.81 | 1.87 | 2.93 | ||
| Avg | 0.50 | 1.49 | 2.33 | ||
| Low | 0.12 | 0.90 | 1.32 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | - | 276.8% | 97.0% | ||
| Avg | - | 199.9% | 56.4% | ||
| Low | - | 81.8% | -11.0% |
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.