DraftKings Inc. (DKNG)
NASDAQ: DKNG · Real-Time Price · USD
24.37
+0.34 (1.41%)
Aug 10, 2026, 3:40 PM EDT - Market open

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 $34.7. The average 1-year stock price forecast is 42.39% higher than the current stock price, while the lowest is $18 (-26.14%) and the highest is $76 (+211.86%).

Price Target: $34.7 (+42.39%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$18$34.7$33$76
Change-26.14%+42.39%+35.41%+211.86%

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
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy222324242424
Buy555555
Hold876666
Sell001111
Strong Sell000000
Total353536363636

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
J.P. Morgan
J.P. Morgan
Buy
Maintains
$34$33
BuyMaintains$34$33+35.41%Aug 10, 2026
Northland Securities
Northland Securities
Hold
Maintains
$27$28
HoldMaintains$27$28+14.90%Aug 10, 2026
Truist Financial
Truist Financial
Buy
Maintains
$29
BuyMaintains$29+19.00%Aug 10, 2026
Benchmark Co.
Benchmark Co.
Buy
Reiterates
$29$30
BuyReiterates$29$30+23.10%Aug 10, 2026
Jefferies
Jefferies
Buy
Reiterates
$44
BuyReiterates$44+80.55%Aug 9, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
6.69B
from 6.05B
Increased by 10.53%
Revenue Next Year
7.57B
from 6.69B
Increased by 13.17%
EPS This Year
0.85
from 0.66
Increased by 28.04%
EPS Next Year
1.64
from 0.85
Increased by 93.61%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
1.30B2.24B3.67B4.77B6.05B6.69B
Revenue Growth
110.90%72.87%63.60%30.07%26.99%10.53%
Operating Income
-1.54B-1.49B-786.17M-473.57M-2.60M76.06M
Net Income
-1.52B-1.38B-802.14M-507.29M3.71M62.49M
EPS
----0.660.85
EPS Growth
----175.00%28.04%
Forward PE
---215.52114.2228.84
Free Cash Flow
-103.71M-140.91M266.37M396.65M605.93M610.00M
No. Analysts
-----33
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High6.9B
Avg6.7B
Low6.5B

Revenue Growth

Revenue Growth202620272028
High
14.4%
Avg
10.5%
Low
7.2%

EPS Forecast

EPS202620272028
High1.05
Avg0.85
Low0.41

EPS Growth

EPS Growth202620272028
High
59.2%
Avg
28.0%
Low
-37.9%