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DraftKings Analyst Ratings

DKNGNASDAQ
Logo brought to you by Benzinga Data
$40.90
-0.69-1.66%
Pre-Market: 7:52 AM EDT
Consensus Rating1
Buy
Highest Price Target1
$65.00
Lowest Price Target1
$35.00
Consensus Price Target1
$55.23

DraftKings Analyst Ratings and Price Targets | NASDAQ:DKNG | Benzinga

DraftKings Inc has a consensus price target of $55.23 based on the ratings of 26 analysts. The high is $65 issued by Needham on February 18, 2025. The low is $35 issued by Deutsche Bank on May 6, 2024. The 3 most-recent analyst ratings were released by Morgan Stanley, JP Morgan, and JMP Securities on February 24, 2025, February 18, 2025, and February 18, 2025, respectively. With an average price target of $58 between Morgan Stanley, JP Morgan, and JMP Securities, there's an implied 41.81% upside for DraftKings Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
5
Nov 24
1
Dec 24
1
Jan
13
Feb
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.0
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Morgan Stanley
JP Morgan
JMP Securities
Wells Fargo
Piper Sandler

1calculated from analyst ratings

Analyst Ratings for DraftKings

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for DraftKings (DKNG) stock?

A

The latest price target for DraftKings (NASDAQ:DKNG) was reported by Morgan Stanley on February 24, 2025. The analyst firm set a price target for $53.00 expecting DKNG to rise to within 12 months (a possible 29.58% upside). 95 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for DraftKings (DKNG)?

A

The latest analyst rating for DraftKings (NASDAQ:DKNG) was provided by Morgan Stanley, and DraftKings maintained their overweight rating.

Q

When was the last upgrade for DraftKings (DKNG)?

A

The last upgrade for DraftKings Inc happened on February 23, 2024 when Barclays raised their price target to $50. Barclays previously had an equal-weight for DraftKings Inc.

Q

When was the last downgrade for DraftKings (DKNG)?

A

There is no last downgrade for DraftKings.

Q

When is the next analyst rating going to be posted or updated for DraftKings (DKNG)?

A

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 February 24, 2025 so you should expect the next rating to be made available sometime around February 24, 2026.

Q

Is the Analyst Rating DraftKings (DKNG) correct?

A

While ratings are subjective and will change, the latest DraftKings (DKNG) rating was a maintained with a price target of $49.00 to $53.00. The current price DraftKings (DKNG) is trading at is $40.90, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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