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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.
1calculated from analyst ratings
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.
The latest analyst rating for DraftKings (NASDAQ:DKNG) was provided by Morgan Stanley, and DraftKings maintained their overweight rating.
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.
There is no last downgrade for DraftKings.
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.
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.
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