The latest price target for DraftKings (NASDAQ:DKNG) was reported by TD Cowen on June 8, 2026. The analyst firm set a price target for $30.00 expecting DKNG to rise to within 12 months (a possible 5.19% upside). 93 analyst firms have reported ratings in the last year.

The latest analyst rating for DraftKings (NASDAQ:DKNG) was provided by TD Cowen, and DraftKings reiterated their buy rating.

The last upgrade for DraftKings Inc happened on January 15, 2026 when Wells Fargo raised their price target to $49. Wells Fargo previously had an equal-weight for DraftKings Inc.

The last downgrade for DraftKings Inc happened on April 24, 2026 when MoffettNathanson changed their price target from $38 to $27 for DraftKings Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of DraftKings, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for DraftKings was filed on June 8, 2026 so you should expect the next rating to be made available sometime around June 8, 2027.

While ratings are subjective and will change, the latest DraftKings (DKNG) rating was a reiterated with a price target of $30.00 to $30.00. The current price DraftKings (DKNG) is trading at is $28.52, which is out of the analyst’s predicted range.