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DKNG

DraftKings (DKNG) Stock Forecast & Price Target

DraftKings (DKNG) Analyst Ratings

Based on 28 analyst ratings
Buy
Strong Buy 46%
Buy 46%
Hold 4%
Sell 4%
Strong Sell 0%

Bulls say

DraftKings has demonstrated a significant increase in its online sports betting (OSB) hold, rising from 3.2% in 2021 to approximately 7% by 2025, fueled by parlay mix growth, enhanced pricing strategies, and AI-driven reinvestment efforts. The company has successfully transitioned to profitability, with gross profit increasing threefold over three years, supported by an expanding customer base and disciplined promotional strategies, which collectively indicate strong operational momentum. With sports revenue expected to dominate total sales at 63% by 2025, coupled with consistent year-over-year growth in sports handle and a favorable growth outlook, DraftKings appears well-positioned for sustained double-digit revenue growth.

Bears say

DraftKings faces a challenging financial outlook as its projected 2026 EBITDA has been significantly lowered to a range of $700-$900 million, a stark decline from previously stated expectations. Additionally, the company is likely to experience market-share losses and a more gradual pace of state legalization, which could further impact revenue growth. Furthermore, the current trading multiples for DraftKings' sportsbook and prediction businesses are depressed, reflecting investor sentiment and potential headwinds in capital returns and overall business performance.

DraftKings (DKNG) has been analyzed by 28 analysts, with a consensus rating of Buy. 46% of analysts recommend a Strong Buy, 46% recommend Buy, 4% suggest Holding, 4% 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 Mar 31, 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 $40.64, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $40.64, 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)


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