DraftKings Inc. (DKNG)
NASDAQ: DKNG · Real-Time Price · USD
30.02
+1.23 (4.27%)
At close: Jun 11, 2026, 4:00 PM EDT
30.33
+0.31 (1.03%)
Pre-market: Jun 12, 2026, 4:52 AM EDT

DraftKings Stock Forecast

Stock Price Forecast

According to 35 analysts polled by S&P Global, DraftKings stock has a consensus rating of "Buy" and an average price target of $34.88. The average 1-year stock price forecast is 16.19% higher than the current stock price, while the lowest is $20 (-33.38%) and the highest is $74 (+146.50%).

Price Target: $34.88 (+16.19%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$20$34.88$32$74
Change-33.38%+16.19%+6.60%+146.50%

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

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy222322232323
Buy655555
Hold778766
Sell000011
Strong Sell000000
Total353535353535

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
UBS
UBS
Buy
Reiterates
$43$49
BuyReiterates$43$49+63.22%Jun 8, 2026
TD Cowen
TD Cowen
Buy
Maintains
$30
BuyMaintains$30-0.07%Jun 8, 2026
Freedom Capital Markets
Freedom Capital Markets
Buy
Initiates
$30
BuyInitiates$30-0.07%May 21, 2026
Morgan Stanley
Morgan Stanley
Buy
Reiterates
$39
BuyReiterates$39+29.91%May 21, 2026
Unknown Analyst
Exane BNP Paribas
No rating
Exane BNP Paribas
Sell
Downgrades
n/a
SellDowngradesn/an/aMay 15, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
6.80B
from 6.05B
Increased by 12.27%
Revenue Next Year
7.68B
from 6.80B
Increased by 13.02%
EPS This Year
1.07
from 0.66
Increased by 62.64%
EPS Next Year
1.71
from 1.07
Increased by 59.53%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
1.30B2.24B3.67B4.77B6.05B6.80B
Revenue Growth
110.90%72.87%63.60%30.07%26.99%12.27%
Gross Profit
501.86M756.19M2.61B3.48B4.61B3.12B
Gross Margin
38.72%33.75%71.17%72.89%76.11%45.96%
Operating Income
-1.54B-1.49B-786.17M-473.57M-2.60M150.33M
Net Income
-1.52B-1.38B-802.14M-507.29M3.71M134.73M
EPS
----0.661.07
EPS Growth
----175.00%62.64%
Forward PE
----114.2227.97
Free Cash Flow
-103.71M-140.91M266.37M396.65M605.93M693.10M
No. Analysts
-----34
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High7.2B
Avg6.8B
Low6.5B

Revenue Growth

Revenue Growth202620272028
High
19.5%
Avg
12.3%
Low
7.4%

EPS Forecast

EPS202620272028
High1.35
Avg1.07
Low0.88

EPS Growth

EPS Growth202620272028
High
104.5%
Avg
62.6%
Low
32.9%