DraftKings Inc. (DKNG)
NASDAQ: DKNG · Real-Time Price · USD
24.32
-0.62 (-2.49%)
At close: Jul 20, 2026, 4:00 PM EDT
24.38
+0.06 (0.24%)
After-hours: Jul 20, 2026, 7:58 PM EDT

DraftKings Stock Forecast

Stock Price Forecast

According to 36 analysts polled by S&P Global, DraftKings stock has a consensus rating of "Buy" and an average price target of $35.14. The average 1-year stock price forecast is 44.49% higher than the current stock price, while the lowest is $20 (-17.76%) and the highest is $74 (+204.28%).

Price Target: $35.14 (+44.49%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$20$35.14$33$74
Change-17.76%+44.49%+35.69%+204.28%

Analyst Ratings

The average analyst rating for DraftKings stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy232223242424
Buy555555
Hold787666
Sell000111
Strong Sell000000
Total353535363636

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Wells Fargo
Wells Fargo
Buy
Maintains
$32$29
BuyMaintains$32$29+19.24%Jul 20, 2026
J.P. Morgan
J.P. Morgan
Buy
Reiterates
$31$34
BuyReiterates$31$34+39.80%Jul 15, 2026
Bernstein
Bernstein
Buy
Reiterates
$31
BuyReiterates$31+27.47%Jul 13, 2026
TD Cowen
TD Cowen
Buy
Reiterates
$30$35
BuyReiterates$30$35+43.91%Jul 10, 2026
Deutsche Bank
Deutsche Bank
Hold
Reiterates
$26$28
HoldReiterates$26$28+15.13%Jul 9, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
6.76B
from 6.05B
Increased by 11.73%
Revenue Next Year
7.63B
from 6.76B
Increased by 12.80%
EPS This Year
1.03
from 0.66
Increased by 56.08%
EPS Next Year
1.70
from 1.03
Increased by 65.12%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
1.30B2.24B3.67B4.77B6.05B6.76B
Revenue Growth
110.90%72.87%63.60%30.07%26.99%11.73%
Operating Income
-1.54B-1.49B-786.17M-473.57M-2.60M143.71M
Net Income
-1.52B-1.38B-802.14M-507.29M3.71M123.09M
EPS
----0.661.03
EPS Growth
----175.00%56.08%
Forward PE
---215.52114.2223.61
Free Cash Flow
-103.71M-140.91M266.37M396.65M605.93M624.39M
No. Analysts
-----33
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High7.1B
Avg6.8B
Low6.5B

Revenue Growth

Revenue Growth202620272028
High
16.6%
Avg
11.7%
Low
7.4%

EPS Forecast

EPS202620272028
High1.35
Avg1.03
Low0.81

EPS Growth

EPS Growth202620272028
High
104.5%
Avg
56.1%
Low
22.9%