DraftKings Inc. (DKNG)
NASDAQ: DKNG · Real-Time Price · USD
23.87
-0.14 (-0.58%)
At close: Sep 8, 2026, 4:00 PM EDT
23.85
-0.16 (-0.67%)
Pre-market: Sep 9, 2026, 7:05 AM EDT

DraftKings Stock Forecast

Stock Price Forecast

According to 37 analysts polled by S&P Global, DraftKings stock has a consensus rating of "Buy" and an average price target of $35.12. The average 1-year stock price forecast is 47.13% higher than the current stock price, while the lowest is $20 (-16.21%) and the highest is $76 (+218.39%).

Price Target: $35.12 (+47.13%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$20$35.12$33$76
Change-16.21%+47.13%+38.25%+218.39%

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
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy232424242425
Buy555555
Hold766666
Sell011111
Strong Sell000000
Total353636363637

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Citizens JMP
Citizens JMP
Buy
Maintains
$36$37
BuyMaintains$36$37+55.01%Sep 8, 2026
Jefferies
Jefferies
Buy
Maintains
$44
BuyMaintains$44+84.33%Sep 4, 2026
Wolfe Research
Wolfe Research
Buy
Initiates
$40
BuyInitiates$40+67.57%Sep 2, 2026
Bernstein
Bernstein
Buy
Maintains
$27$29
BuyMaintains$27$29+21.49%Sep 1, 2026
Benchmark Co.
Benchmark Co.
Buy
Reiterates
$30
BuyReiterates$30+25.68%Sep 1, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
6.69B
from 6.05B
Increased by 10.51%
Revenue Next Year
7.58B
from 6.69B
Increased by 13.25%
EPS This Year
0.87
from 0.66
Increased by 32.48%
EPS Next Year
1.64
from 0.87
Increased by 87.95%
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%10.51%
Operating Income
-1.54B-1.49B-786.17M-473.57M-2.60M46.54M
Net Income
-1.52B-1.38B-802.14M-507.29M3.71M50.77M
EPS
----0.660.87
EPS Growth
----175.00%32.48%
Forward PE
---215.52114.2227.30
Free Cash Flow
-103.71M-140.91M266.37M396.65M605.93M606.63M
No. Analysts
-----34
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
High1.25
Avg0.87
Low0.39

EPS Growth

EPS Growth202620272028
High
89.4%
Avg
32.5%
Low
-40.9%