$39.01
0.12[0.31%]
At close: Jun 13
$39.01
0[0.00%]
PreMarket: 7:08AM EDT
DraftKings
(NASDAQ:DKNG)DraftKings Stock (NASDAQ:DKNG), Analyst Ratings, Price Targets, Predictions
DraftKings Inc has a consensus price target of $48.96, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from Needham, Susquehanna, and Stifel on June 12, 2024, June 5, 2024, and May 29, 2024. With an average price target of $53 between Needham, Susquehanna, and Stifel, there's an implied 35.86% upside for DraftKings Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Needham
Susquehanna
Stifel
Oppenheimer
UBS
1calculated from analyst ratings
Analyst Ratings for DraftKings
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 06/12/2024 | Buy Now | 53.81% | Needham | Bernie McTernan | $60 → $60 | Reiterates | Buy → Buy | Get Alert |
| 06/05/2024 | Buy Now | 25.61% | Susquehanna | Joseph Stauff | $56 → $49 | Maintains | Positive | Get Alert |
| 05/29/2024 | Buy Now | 28.17% | Stifel | Jeffrey Stantial | $51 → $50 | Maintains | Buy | Get Alert |
| 05/28/2024 | Buy Now | 53.81% | Oppenheimer | Jed Kelly | $60 → $60 | Maintains | Outperform | Get Alert |
| 05/28/2024 | Buy Now | 53.81% | Needham | Bernie McTernan | $60 → $60 | Reiterates | Buy → Buy | Get Alert |
| 05/15/2024 | Buy Now | 53.81% | UBS | Robin Farley | $56 → $60 | Maintains | Buy | Get Alert |
| 05/06/2024 | Buy Now | 30.74% | Stifel | Jeffrey Stantial | $50 → $51 | Maintains | Buy | Get Alert |
| 05/06/2024 | Buy Now | 38.43% | Jefferies | David Katz | $52 → $54 | Maintains | Buy | Get Alert |
| 05/06/2024 | Buy Now | -10.28% | Deutsche Bank | Carlo Santarelli | $34 → $35 | Maintains | Hold | Get Alert |
| 05/06/2024 | Buy Now | 38.43% | Barclays | Brandt Montour | $52 → $54 | Maintains | Overweight | Get Alert |
| 05/06/2024 | Buy Now | 38.43% | BMO Capital | Brian Pitz | $51 → $54 | Maintains | Outperform | Get Alert |
| 05/06/2024 | Buy Now | 40.99% | BTIG | Clark Lampen | $53 → $54 | Maintains | Buy | Get Alert |
| 05/06/2024 | Buy Now | 53.81% | Needham | Bernie McTernan | $58 → $60 | Maintains | Buy | Get Alert |
| 05/03/2024 | Buy Now | 33.3% | Benchmark | Mike Hickey | $50 → $52 | Maintains | Buy | Get Alert |
| 05/03/2024 | Buy Now | 48.68% | Needham | Bernie McTernan | → $58 | Reiterates | Buy → Buy | Get Alert |
| 04/29/2024 | Buy Now | 43.55% | Susquehanna | Joseph Stauff | $54 → $56 | Maintains | Positive | Get Alert |
| 04/24/2024 | Buy Now | 28.17% | Benchmark | Mike Hickey | → $50 | Reiterates | Buy → Buy | Get Alert |
| 04/19/2024 | Buy Now | 33.3% | Barclays | Brandt Montour | $50 → $52 | Maintains | Overweight | Get Alert |
| 04/16/2024 | Buy Now | 53.81% | Goldman Sachs | Ben Miller | → $60 | Initiates | → Buy | Get Alert |
| 04/09/2024 | Buy Now | 28.17% | Morgan Stanley | Stephen Grambling | $49 → $50 | Maintains | Overweight | Get Alert |
| 03/28/2024 | Buy Now | 40.99% | JP Morgan | Joseph Greff | $55 → $55 | Maintains | Overweight | Get Alert |
| 03/28/2024 | Buy Now | 40.99% | MoffettNathanson | Robert Fishman | $52 → $55 | Maintains | Buy | Get Alert |
| 03/27/2024 | Buy Now | 48.68% | Needham | Bernie McTernan | $54 → $58 | Maintains | Buy | Get Alert |
| 03/26/2024 | Buy Now | 38.43% | Susquehanna | Joseph Stauff | $51 → $54 | Maintains | Positive | Get Alert |
| 03/26/2024 | Buy Now | 48.68% | Mizuho | Ben Chaiken | → $58 | Initiates | → Buy | Get Alert |
| 03/25/2024 | Buy Now | 38.43% | Susquehanna | Joseph Stauff | $51 → $54 | Maintains | Positive | Get Alert |
| 03/25/2024 | Buy Now | 33.3% | JMP Securities | Jordan Bender | → $52 | Reiterates | Market Outperform → Market Outperform | Get Alert |
| 03/05/2024 | Buy Now | 43.55% | UBS | Robin Farley | $44 → $56 | Maintains | Buy | Get Alert |
| 02/28/2024 | Buy Now | 25.61% | Morgan Stanley | Stephen Grambling | $40 → $49 | Maintains | Overweight | Get Alert |
| 02/23/2024 | Buy Now | 28.17% | Barclays | Brandt Montour | $41 → $50 | Upgrade | Equal-Weight → Overweight | Get Alert |
FAQ
What is the target price for DraftKings (DKNG) stock?
The latest price target for DraftKings (NASDAQ:DKNG) was reported by Needham on June 12, 2024. The analyst firm set a price target for $60.00 expecting DKNG to rise to within 12 months (a possible 53.81% upside). 100 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for DraftKings (DKNG)?
The latest analyst rating for DraftKings (NASDAQ:DKNG) was provided by Needham, and DraftKings reiterated their buy rating.
When was the last upgrade for DraftKings (DKNG)?
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.
When was the last downgrade for DraftKings (DKNG)?
The last downgrade for DraftKings Inc happened on January 19, 2024 when Exane BNP Paribas changed their price target from N/A to $28 for DraftKings Inc.
When is the next analyst rating going to be posted or updated for DraftKings (DKNG)?
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 12, 2024 so you should expect the next rating to be made available sometime around June 12, 2025.
Is the Analyst Rating DraftKings (DKNG) correct?
While ratings are subjective and will change, the latest DraftKings (DKNG) rating was a reiterated with a price target of $60.00 to $60.00. The current price DraftKings (DKNG) is trading at is $39.01, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.