tiprankstipranks
DraftKings (DKNG)
NASDAQ:DKNG

DraftKings Stock Forecast & Price Target

8,216 Followers
See the Price Targets and Ratings of:

Analyst Rating Consensus

Moderate Buy
17Ratings
10 Buy
7 Hold
0 Sell
Based on 17 analysts giving stock ratings to
DraftKings
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

DKNG Stock Price Prediction

Average Price Target

$24.27
▲(44.04% Upside)
Based on 17 Wall Street analysts offering 12 month price targets for DraftKings in the last 3 months. The average price target is $24.27 with a high forecast of $34.00 and a low forecast of $16.00. The average price target represents a 44.04% change from the last price of $16.85.
Highest Price Target$34.00Average Price Target$24.27Lowest Price Target$16.00
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​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Upgrade Banner
Morgan Stanley
$30.00
Buy
78.04%
Upside
Reiterated
DraftKings price target trimmed to $30 at Morgan Stanley after Q2 beatDraftKings price target trimmed to $30 at Morgan Stanley after Q2 beat
Oppenheimer
$25.00
Buy
48.37%
Upside
Reiterated
DraftKings Inc. (DKNG) PT Raised to $25 at OppenheimerOppenheimer analyst Jed Kelly raised the price target on DraftKings Inc. (NASDAQ: DKNG) to $25.00 (from $24.00) while maintaining a Outperform rating.
Benchmark Co.
$30.00
Buy
78.04%
Upside
Reiterated
UPDATE: DraftKings Inc. (DKNG) PT Raised to $30 at BenchmarkBenchmark analyst Mike Hickey raised the price target on DraftKings Inc. (NASDAQ: DKNG) to $30.00 (from $26.00) while maintaining a Buy rating.
J.P. Morgan
$17.00
Hold
0.89%
Upside
Reiterated
Deutsche Bank
$16.00
Hold
-5.04%
Downside
Reiterated
DraftKings (DKNG) Gets a Hold Rating from Deutsche Bank
Stocks with the Highest Top Analyst Consensus in the Services Sector
PGNYProgyny
LSXMALiberty Media Liberty SiriusXM
EVHEvolent Health
WCNWaste Connections
DINDine Brands Global
Find stocks in the Services sector that are highly recommended by Top Performing Analysts.

DKNG Stock Forecast FAQ

What is DKNG’s average 12-month price target, according to analysts?
Based on analyst ratings, DraftKings’s 12-month average price target is $24.27.
    What is DKNG’s upside potential, based on the analysts’ average price target?
    DraftKings has 44.04% 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 DKNG a Buy, Sell or Hold?
          DraftKings has a conensus rating of Moderate Buy which is based on 10 buy ratings, 7 hold ratings and 0 sell ratings.
            What is DraftKings’s price target?
            The average price target for DraftKings is $24.27. This is based on 17 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $34.00 ,the lowest forecast is $16.00. The average price target represents 44.04% Increase from the current price of $16.85.
              What do analysts say about DraftKings?
              DraftKings’s analyst rating consensus is a ‘Moderate Buy. This is based on the ratings of 17 Wall Streets Analysts.

                What's Included in PREMIUM?
                Make informed decisions based on Top Analysts' activity
                Know what industry insiders are buying
                Get actionable alerts from top Wall Street Analysts
                Find out before anyone else which stock is going to shoot up
                Get powerful stock screeners & detailed portfolio analysis