DraftKings Inc. (DKNG)
NASDAQ: DKNG · Real-Time Price · USD
18.51
-5.01 (-21.30%)
At close: Nov 6, 2026, 4:00 PM EST
18.49
-0.02 (-0.11%)
After-hours: Nov 6, 2026, 7:59 PM EST

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 $30.65. The average 1-year stock price forecast is 65.59% higher than the current stock price, while the lowest is $20 (+8.05%) and the highest is $58 (+213.34%).

Price Target: $30.65 (+65.59%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$20$30.65$29.25$58
Change+8.05%+65.59%+58.02%+213.34%

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
RatingJun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Strong Buy242424252625
Buy555555
Hold666656
Sell111111
Strong Sell000000
Total363636373737

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Stifel Nicolaus
Stifel Nicolaus
Hold
Downgrades
$32 → $21
HoldDowngrades$32 → $21+13.45%Nov 9, 2026
Jefferies
Jefferies
Buy
Maintains
$44 → $28
BuyMaintains$44 → $28+51.27%Nov 8, 2026
Canaccord Genuity
Canaccord Genuity
Buy
Maintains
$40 → $30
BuyMaintains$40 → $30+62.07%Nov 6, 2026
Truist Financial
Truist Financial
Buy
Maintains
$26
BuyMaintains$26+40.46%Nov 6, 2026
Bank of America Securities
No rating
Bank of America Securities
Buy
Reiterates
$27 → $23
BuyReiterates$27 → $23+24.26%Nov 6, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
6.56B
from 6.05B
Increased by 8.41%
Revenue Next Year
7.54B
from 6.56B
Increased by 14.82%
EPS This Year
0.97
from 0.66
Increased by 47.02%
EPS Next Year
1.68
from 0.97
Increased by 73.06%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
1.30B2.24B3.67B4.77B6.05B6.56B
Revenue Growth
110.90%72.87%63.60%30.07%26.99%8.41%
Operating Income
-1.54B-1.49B-786.17M-473.57M-2.60M-173.73M
Net Income
-1.52B-1.38B-802.14M-507.29M3.71M-334.10M
EPS
----0.660.97
EPS Growth
----175.00%47.02%
Forward PE
---215.52114.2219.08
Free Cash Flow
----647.50M523.15M
No. Analysts
-----29
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High6.8B
Avg6.6B
Low6.3B

Revenue Growth

Revenue Growth202620272028
High
11.5%
Avg
8.4%
Low
4.7%

EPS Forecast

EPS202620272028
High1.05
Avg0.97
Low0.86

EPS Growth

EPS Growth202620272028
High
59.2%
Avg
47.0%
Low
30.3%