Companies

DraftKings Inc - Class A

NASDAQ: DKNG
$21.25
▼ $0.55 (−2.52%) today
Markets closed · 6:40pm ET
24/7 Rating BUY
12-Month Price Target
$33.24 +58.4% upside

Set by 24/7 Wall St.’s proprietary analysis of professional targets, profit trajectory, sector, risk, and retail attention. How we calculate our price targets →

Current close $20.98
Street consensus $35.17
Ours vs. the Street −5.5%
$28.79Conservative$20.98Current$33.24Our Target$45.15Optimistic
12-Month Projection Historical Optimistic Target Conservative
$21$28$35$42Sep 2025Sep 2027Today$45.15$33.24$28.79
$21$28$35$42Sep 2025Sep 2027Today$45.15$33.24$28.79

Catalysts

  • Further legalization of sports betting
  • Operating leverage in mature markets
  • Product innovation increasing engagement

Risks

  • Higher state taxes reducing margins
  • Promotional spending wars with competitors
  • Event outcome volatility affecting earnings

Analyst Sentiment

36ANALYSTS
Buy2981%
Hold617%
Sell13%
The Bottom Line

DraftKings appears attractively valued at current levels. With a 58.4% upside to our $33.24 target, the risk-reward profile looks favorable for investors with a 12-month time horizon. Wall Street agrees, with 81% of analysts rating it a Buy.

The 24/7 Factor

Base Growth
Conservative growth baseline (reduced to avoid double-counting P/E growth)
1.05×
Sector Momentum
Economic cycle dependent, moderate growth
1.05×
Analyst Consensus
Strong analyst consensus (bullish)
+4.7%
Earnings Growth
Strong earnings acceleration
+3.0%
Volatility Adjustment
Higher volatility stock
−1.3%
Social Sentiment
Bullish retail sentiment
+1.7%
Read our full methodology →

5-Year Projection

Long-Term Forecast Optimistic Target Conservative
$30$60$90$120’26’27’28’29’30’31$124.52$73.81$44.40
$30$60$90$120’26’27’28’29’30’31$124.52$73.81$44.40

Prediction History

DKNG Price Target History Our Target Stock Price
$20$24$28$32Jun 25Sep 18$19.93$21.75
$20$24$28$32Jun 25Sep 18$19.93$21.75
Date Price Target Stock Price Rating Upside
$19.93 $21.75 HOLD −8.4%
$20.43 $24.74 SELL −17.4%
$20.21 $24.01 SELL −15.8%
$22.85 $25.26 HOLD −9.6%
$23.06 $26.17 HOLD −11.9%
$22.17 $26.14 SELL −15.2%
$21.46 $24.03 HOLD −10.7%
$26.08 $23.48 BUY +11.1%

Social Sentiment

74/100
Sentiment Score
Bullish
Retail Mood
Low
Discussion Activity

Frequently Asked Questions

What is the DKNG stock price prediction for 2030?

Looking ahead to 2030, our model projects DKNG could trade at an average price of $57.39, with a potential range between $43.05 and $71.74. This represents a potential 173.5% return from today’s price. Long-term forecasts depend heavily on company execution, competitive dynamics, and broader market conditions.

Is DKNG a buy, sell, or hold right now?

24/7 Wall St. currently rates DKNG as a BUY. Strong upside (+58.4%) Among Wall Street analysts, 29 rate it Buy, 6 rate it Hold, and 1 rate it Sell.

What is the DKNG stock price target in an optimistic scenario?

In our optimistic scenario for DKNG, the stock could reach $45.15 over the next 12 months, representing a 115.2% gain from today’s price. This scenario assumes favorable conditions materialize, including strong earnings growth, positive market sentiment, and successful execution of company initiatives.

What is the downside risk for DKNG stock?

Our conservative scenario for DKNG projects a price of $28.79 over the next 12 months (37.2% from current levels), suggesting relatively limited downside if headwinds materialize. No forecast is a guarantee. Position sizing and time horizon still matter.

Projections are estimates based on current data, updated daily. Not investment advice. Learn how we calculate these projections →