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DraftKings (DE:IK1)
FRANKFURT:IK1
Holding DE:IK1?
Track your performance easily
See the Price Targets and Ratings of:
IK1 Analyst Ratings
Strong Buy
26 Buy
3 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
IK1 Stock 12 Month Forecast
Average Price Target
€44.54
▲(31.27% Upside)
| Highest Price Target€54.89 | Average Price Target€44.54 | Lowest Price Target€29.27 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Susquehanna
Reiterated
10/07/24
Benchmark Co.
Assigned
10/07/24
Barclays
Reiterated
10/04/24
J.P. Morgan
Reiterated
09/26/24
Needham
Reiterated
09/23/24
Morgan Stanley
Assigned
09/10/24
Exane BNP Paribas
Upgraded
09/10/24
TD Cowen
Reiterated
09/06/24
Craig-Hallum
Reiterated
08/29/24
JMP Securities
Reiterated
08/29/24
Berenberg Bank
€37.96→€34.39
Hold
1.37%
Upside
Reiterated
08/27/24
DraftKings price target lowered to $37.60 from $41.50 at BerenbergDraftKings price target lowered to $37.60 from $41.50 at Berenberg
Macquarie
€45.74
Buy
34.80%
Upside
Reiterated
08/26/24
Macquarie calls DraftKings 'top Online stock to own' into NFL seasonMacquarie calls DraftKings 'top Online stock to own' into NFL season
Jefferies
€49.4
Buy
45.58%
Upside
Reiterated
08/19/24
Analysts Conflicted on These Consumer Cyclical Names: DraftKings (NASDAQ: DKNG), Melco International (Other OTC: MDEVF) and Ball (NYSE: BALL)
Argus Research
€49.4→€36.59
Buy
7.84%
Upside
Reiterated
08/15/24
DraftKings price target lowered to $40 from $54 at ArgusDraftKings price target lowered to $40 from $54 at Argus
Wells Fargo
€42.99
Buy
26.71%
Upside
Reiterated
08/14/24
We stay Overweight DKNG, though acknowledge these past 2-3 months have been tough: OSB tax hike, higher cust. acquisition costs, low MLB hold, miscalculating IL tax surcharge response from customers/peers, aggressively cutting FY24 guide. EV/EBITDA vs FLUT's 11x), we like the setup: the surcharge stigma gradually moves to the rear-view (ahead of NFL kickoff, importantly) and a 2H24 guidance reset potentially sets up for beat/raises to resume. DKNG vs. FLUT US (FanDuel): a tale of two quarters (see Ex. 1). FanDuel beat 2Q EBITDA and then raised FY24 guidance by 4% (flowing through high 2Q hold, which offsets 2H IL tax drag), while DKNG missed 2Q and lowered FY24 EBITDA guidance by 24% (low 2Q hold, higher customer acquisition, Jackpocket losses).
Best Analysts Covering DraftKings
Which Analyst Should I Follow If I Want to Buy DE:IK1 and Sell After:
1 Month
xxx
Success Rate
15/21 ratings generated profit
Average Return
+12.68%
reiterated a xxx
rating 5 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 71.43% of your transactions generating a profit, with an average return of +12.68% per trade.
3 Months
xxx
Success Rate
12/14 ratings generated profit
Average Return
+18.52%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 85.71% of your transactions generating a profit, with an average return of +18.52% per trade.
1 Year
Success Rate
15/18 ratings generated profit
Average Return
+63.82%
reiterated a buy rating last month
Copying Jordan Bender's trades and holding each position for 1 Year would result in 83.33% of your transactions generating a profit, with an average return of +63.82% per trade.
2 Years
xxx
Success Rate
14/16 ratings generated profit
Average Return
+50.51%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 87.50% of your transactions generating a profit, with an average return of +50.51% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
IK1 Analyst Recommendation Trends
Rating
Jun 24
Jul 24
Aug 24
Sep 24
Oct 24
Strong Buy
9
14
30
32
27
Buy
45
46
32
28
22
Hold
4
4
4
4
4
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
58
64
66
64
53
Each month's total comprises the sum of three months' worth of ratings.
IK1 Financial Forecast
IK1 Stock Forecast FAQ
What is DE:IK1’s average 12-month price target, according to analysts?
Based on analyst ratings, DraftKings’s 12-month average price target is €44.54.
What is DE:IK1’s upside potential, based on the analysts’ average price target?
DraftKings has 31.27% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is DraftKings a Buy, Sell or Hold?
DraftKings has a consensus rating of Strong Buy, which is based on 26 buy ratings, 3 hold ratings and 0 sell ratings.
What is DraftKings’s share price target?
The average share price target for DraftKings is €44.54. This is based on 29 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst share price target is €54.89 ,and the lowest forecast is €29.27. The average share price target represents 31.27% Increase from the current price of €33.93.
The highest analyst share price target is €54.89 ,and the lowest forecast is €29.27. The average share price target represents 31.27% Increase from the current price of €33.93.
What do analysts say about DraftKings?
DraftKings’s analyst rating consensus is a Strong Buy. This is based on the ratings of 29 Wall Streets Analysts.
How can I buy shares of DraftKings?
To buy shares of DE:IK1, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.