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DKNG
Volume: 47.14K

DraftKings (DKNG) Stock Forecast & Price Target

DraftKings (DKNG) Analyst Ratings

Based on 28 analyst ratings
Buy
Strong Buy 50%
Buy 43%
Hold 7%
Sell 0%
Strong Sell 0%

Bulls say

DraftKings is well positioned because it combines a broad consumer footprint in online sports betting, i-gaming, fantasy, and lottery with a prediction-market strategy that can add new revenue layers without relying only on retail app activity. Its acquisition of DKeX and vertical integration across exchange, broker, and market-making functions should improve unit economics, with the cited framework implying roughly 60-70% gross margins for prediction markets and EBITDA margins that can approach 50% to 85% depending on the layer. The bullish case is further supported by accelerating customer acquisition, 4M downloads since June, and 2026 guidance for $6.5-6.9bn of revenue and $700-900m of EBITDA, which suggests durable growth with expanding margins.

Bears say

DraftKings is exposed to a negative fundamental setup because its growth is increasingly dependent on prediction markets and additional marketing spend that may lift volume faster than earnings, while near-term EBITDA is pressured by a projected $450M-$500M of investment in 2026 and consensus around roughly $275M of prediction market spend. Its core business also faces structural constraints: dependence on state legalization, market-access agreements, limited i-gaming penetration, and a weaker competitive position versus operators with casino databases, more liquidity, and exclusive content relationships. Even with sports sales at 63% of 2025 revenue and i-gaming at 30%, the stock’s weak price momentum and sensitivity to taxes, customer-friendly outcomes, and rising CAC support a cautious outlook.

DraftKings (DKNG) has been analyzed by 28 analysts, with a consensus rating of Buy. 50% of analysts recommend a Strong Buy, 43% recommend Buy, 7% suggest Holding, 0% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of DraftKings and is not a guaranteed prediction by Public.com or investment advice.

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FAQs About DraftKings (DKNG) Forecast

Analysts have given DraftKings (DKNG) a Buy based on their latest research and market trends.

According to 28 analysts, DraftKings (DKNG) has a Buy consensus rating as of Oct 9, 2026. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $34.36, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $34.36, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

DraftKings (DKNG)

Volume: 47.14K

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