DraftKings Inc. (DKNG)
NASDAQ: DKNG · Real-Time Price · USD
43.10
+0.37 (0.87%)
At close: Aug 12, 2025, 4:00 PM
43.00
-0.10 (-0.23%)
After-hours: Aug 12, 2025, 4:10 PM EDT
Altair Engineering Stock Forecast
Stock Price Forecast
The 24 analysts that cover Altair Engineering stock have a consensus rating of "Strong Buy" and an average price target of $55.08, which forecasts a 27.80% increase in the stock price over the next year. The lowest target is $48 and the highest is $61.
Price Target: $55.08 (+27.80%)
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Altair Engineering 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 | Mar '25 | Apr '25 | May '25 | Jun '25 | Jul '25 | Aug '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 14 | 14 | 13 | 13 | 15 | 14 |
| Buy | 11 | 10 | 10 | 11 | 11 | 10 |
| Hold | 1 | 2 | 1 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 26 | 26 | 24 | 24 | 26 | 24 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy Maintains $53 → $54 | Strong Buy | Maintains | $53 → $54 | +25.29% | Aug 8, 2025 |
| Barclays | Barclays | Buy Maintains $51 → $54 | Buy | Maintains | $51 → $54 | +25.29% | Aug 8, 2025 |
| Benchmark | Benchmark | Strong Buy Maintains $50 → $53 | Strong Buy | Maintains | $50 → $53 | +22.97% | Aug 7, 2025 |
| Susquehanna | Susquehanna | Buy Maintains $52 → $60 | Buy | Maintains | $52 → $60 | +39.21% | Jul 25, 2025 |
| Barclays | Barclays | Buy Maintains $48 → $51 | Buy | Maintains | $48 → $51 | +18.33% | Jul 18, 2025 |
Financial Forecast
Revenue This Year
6.41B
from 4.77B
Increased by 34.47%
Revenue Next Year
7.67B
from 6.41B
Increased by 19.59%
EPS This Year
0.34
from -1.05
EPS Next Year
1.39
from 0.34
Increased by 305.78%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 6.8B | 8.3B | 10.0B | ||
| Avg | 6.4B | 7.7B | 8.9B | ||
| Low | 6.1B | 6.9B | 7.4B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 42.7% | 29.3% | 29.9% | ||
| Avg | 34.5% | 19.6% | 15.7% | ||
| Low | 27.1% | 7.0% | -3.7% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 0.60 | 1.91 | 2.92 | ||
| Avg | 0.34 | 1.39 | 2.28 | ||
| Low | 0.16 | 0.96 | 1.27 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | - | 456.9% | 109.6% | ||
| Avg | - | 305.8% | 63.7% | ||
| Low | - | 179.9% | -8.5% |
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.