DraftKings Inc. (DKNG) Social Stream
DRAFTKINGS INC (DKNG) Price Targets From Analysts
Use the tables below to see what analysts covering DRAFTKINGS INC think about its future price and what recommendations they have for investors and traders.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-08 | 19 | $81 | $39 | $63.425 | $23.38 | 171.28% |
| 2021-11-19 | 18 | $81 | $39 | $63.236 | $23.38 | 170.47% |
| 2021-12-02 | 17 | $81 | $34 | $62.973 | $23.38 | 169.35% |
| 2021-12-13 | 18 | $81 | $34 | $61.625 | $23.38 | 163.58% |
| 2021-12-17 | 18 | $81 | $34 | $60.025 | $23.38 | 156.74% |
| 2022-01-03 | 18 | $81 | $34 | $59.025 | $23.38 | 152.46% |
| 2022-01-05 | 18 | $81 | $23 | $57.525 | $23.38 | 146.04% |
| 2022-01-13 | 18 | $81 | $23 | $54.825 | $23.38 | 134.5% |
| 2022-01-18 | 18 | $81 | $23 | $53.725 | $23.38 | 129.79% |
| 2022-01-24 | 18 | $81 | $23 | $52.225 | $23.38 | 123.37% |
| 2022-01-26 | 18 | $81 | $23 | $52.225 | $23.38 | 123.37% |
| 2022-02-18 | 17 | $81 | $23 | $48.868 | $23.38 | 109.02% |
| 2022-02-22 | 18 | $81 | $19 | $43.71 | $23.38 | 86.95% |
| 2022-03-04 | 18 | $66 | $19 | $36.176 | $23.38 | 54.73% |
| 2022-04-19 | 19 | $66 | $19 | $36.176 | $23.38 | 54.73% |
| 2022-04-26 | 19 | $66 | $19 | $35.941 | $23.38 | 53.73% |
| 2022-05-06 | 18 | $66 | $19 | $35.352 | $23.38 | 51.21% |
| 2022-05-09 | 18 | $66 | $16 | $31.105 | $23.38 | 33.04% |
| 2022-06-01 | 18 | $66 | $16 | $31.2 | $23.38 | 33.45% |
| 2022-07-25 | 20 | $52 | $14 | $26.636 | $23.38 | 13.93% |
| 2022-08-08 | 20 | $52 | $16 | $27.227 | $23.38 | 16.45% |
| 2022-08-13 | 20 | $52 | $16 | $27.318 | $23.38 | 16.84% |
| 2022-08-17 | 20 | $52 | $16 | $27.636 | $23.38 | 18.2% |
| 2022-09-06 | 21 | $52 | $16 | $27.478 | $23.38 | 17.53% |
| 2022-09-19 | 21 | $50 | $16 | $26.695 | $23.38 | 14.18% |
| 2022-10-07 | 22 | $50 | $16 | $26.869 | $23.38 | 14.92% |
| 2022-10-12 | 22 | $50 | $16 | $26.541 | $23.38 | 13.52% |
| 2022-10-24 | 22 | $50 | $16 | $26.166 | $23.38 | 11.92% |
| 2022-10-25 | 20 | $50 | $15 | $25.958 | $23.38 | 11.03% |
| 2022-11-03 | 20 | $38 | $15 | $25.333 | $23.38 | 8.35% |
| 2022-11-07 | 20 | $38 | $15 | $24.041 | $23.38 | 2.83% |
| 2022-11-08 | 23 | $38 | $12 | $22.666 | $23.38 | -3.05% |
| 2022-11-18 | 24 | $38 | $12 | $22.6 | $23.38 | -3.34% |
| 2022-11-21 | 24 | $38 | $12 | $22.28 | $23.38 | -4.7% |
| 2022-11-30 | 24 | $38 | $12 | $22.28 | $23.38 | -4.7% |
| 2022-12-23 | 23 | $38 | $12 | $21.708 | $23.38 | -7.15% |
| 2023-01-11 | 23 | $38 | $12 | $21.458 | $23.38 | -8.22% |
| 2023-01-24 | 23 | $38 | $12 | $21.2 | $23.38 | -9.32% |
| 2023-01-27 | 24 | $38 | $12 | $21.2 | $23.38 | -9.32% |
| 2023-01-31 | 24 | $38 | $12 | $21.28 | $23.38 | -8.98% |
| 2023-02-09 | 24 | $38 | $12 | $21.28 | $23.38 | -8.98% |
| 2023-02-13 | 24 | $38 | $12 | $21.4 | $23.38 | -8.47% |
| 2023-02-14 | 24 | $38 | $12 | $21.48 | $23.38 | -8.13% |
| 2023-02-17 | 24 | $38 | $12 | $21.6 | $23.38 | -7.61% |
| 2023-02-21 | 24 | $33 | $12 | $22.458 | $23.38 | -3.94% |
| 2023-02-22 | 24 | $33 | $14 | $23.173 | $23.38 | -0.89% |
| 2023-03-09 | 23 | $33 | $15 | $23.217 | $23.38 | -0.7% |
| 2023-03-21 | 24 | $33 | $15 | $23.291 | $23.38 | -0.38% |
| 2023-04-13 | 24 | $33 | $15 | $23.458 | $23.38 | 0.33% |
| 2023-04-17 | 24 | $33 | $15 | $23.5 | $23.38 | 0.51% |
| 2023-04-18 | 24 | $33 | $15 | $23.28 | $23.38 | -0.43% |
| 2023-04-27 | 24 | $33 | $15 | $23.44 | $23.38 | 0.26% |
| 2023-05-02 | 24 | $33 | $15 | $23.52 | $23.38 | 0.6% |
| 2023-05-05 | 24 | $33 | $15 | $23.68 | $23.38 | 1.28% |
| 2023-05-08 | 25 | $34 | $15 | $24.269 | $23.38 | 3.8% |
| 2023-05-09 | 25 | $34 | $17 | $25.68 | $23.38 | 9.84% |
| 2023-05-16 | 25 | $36 | $17 | $26.2 | $23.38 | 12.06% |
| 2023-05-22 | 26 | $36 | $17 | $26.653 | $23.38 | 14% |
The Trend in the Analyst Price Target
Over the past 15 months, DKNG's average price target has gone down $9.52.
Over the past 51 weeks, DKNG's average upside potential has been 43.75%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-10-12 | 22 | 50 | 16 | 26.541 | 13.49 | 96.75% |
| 2022-11-28 | 24 | 38 | 12 | 22.280 | 14.50 | 53.66% |
| 2022-12-23 | 23 | 38 | 12 | 21.708 | 11.53 | 88.27% |
| 2023-01-06 | 23 | 38 | 12 | 21.458 | 11.63 | 84.51% |
| 2023-05-09 | 25 | 34 | 17 | 25.680 | 24.38 | 5.33% |
DKNG Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.9 | 15 | 2 | 7 | 2 | 2 | 26 |
The Trend in the Broker Recommendations
Over the past 38 months, DKNG's average broker recommendation rating worsened by 0.96.
The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for DKNG as an investment opportunity.
- In the context of all US stocks, DRAFTKINGS INC's number of analysts covering the stock is higher than 6962.61% of them.
- In the context of stocks in the large market cap category, DRAFTKINGS INC's variance in analysts' estimates is lower than -6449.68% of them.
- DRAFTKINGS INC's upside potential (average analyst target price relative to current price) is higher than 3340.43% of stocks in the large market cap category.
- DKNG has a higher average analyst price target than 1449.92% of stocks in the large market cap category.
In the Entertainment industry, MTN, LYV, and WMG are the three stocks most similar to DRAFTKINGS INC regarding the price target and analyst recommendation information presented here.
View All Top Stocks by Price Target
What is the outlook for DKNG? Use POWR Ratings for clearer insight into price direction.