DRAFTKINGS INC-CL A (DKNG) Forecast, Price Target & Analyst Ratings

NASDAQ:DKNG • US26142V1052

Current stock price

22.82 USD
-0.92 (-3.88%)
At close:
22.8287 USD
+0.01 (+0.04%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for DRAFTKINGS INC-CL A (DKNG).

Forecast Snapshot

Consensus Price Target

Price Target
$36.50
+ 59.97% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Apr 30, 2026
Period
Q1 / 2026
EPS Estimate
$0.05
Revenue Estimate
1.688B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
80.00%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$36.50
Upside
+ 59.97%
From current price of $22.82 to mean target of $36.50, Based on 44 analyst forecasts
Low
$24.24
Median
$34.68
High
$79.80

Price Target Revisions

1 Month
-2.16%
3 Months
-20.08%

Price Target Summary

44 Wall Street analysts provided a forecast for the next 12 months for DKNG. The average price target is 36.5 USD. This implies a price increase of 59.97% is expected in the next year compared to the current price of 22.82.
The average price target has been revised downward by 20.08% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

DKNG Current Analyst RatingDKNG Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 5 10 15 20

Analyst Ratings History

DKNG Historical Analyst RatingsDKNG Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 10 20 30 40

Analyst Ratings Consensus

ChartMill Buy Consensus
80.00%
DKNG was analyzed by 44 analysts. The buy percentage consensus is at 80. So analysts seem to be have mildly positive about DKNG.
In the previous month the buy percentage consensus was at a similar level.
DKNG was analyzed by 44 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-04-16BarclaysMaintains Overweight -> Overweight
2026-04-16JP MorganMaintains Overweight -> Overweight
2026-04-16CitigroupMaintains Buy -> Buy
2026-04-07Wells FargoMaintains Overweight -> Overweight
2026-04-01CitizensMaintains Market Outperform -> Market Outperform
2026-03-31SusquehannaMaintains Positive -> Positive
2026-03-23BTIGReiterate Buy -> Buy
2026-03-17Argus ResearchDowngrade Buy -> Hold
2026-03-16UBSMaintains Buy -> Buy
2026-03-03CitizensReiterate Market Outperform -> Market Outperform
2026-03-03MacquarieMaintains Outperform -> Outperform
2026-03-03BMO CapitalMaintains Outperform -> Outperform
2026-03-03BTIGReiterate Buy -> Buy
2026-03-03NeedhamReiterate Buy -> Buy
2026-02-26BTIGMaintains Buy -> Buy
2026-02-24Morgan StanleyMaintains Overweight -> Overweight
2026-02-17MacquarieMaintains Outperform -> Outperform
2026-02-17MizuhoMaintains Outperform -> Outperform
2026-02-17NeedhamMaintains Buy -> Buy
2026-02-17OppenheimerMaintains Outperform -> Outperform
2026-02-17StifelMaintains Buy -> Buy
2026-02-17BarclaysMaintains Overweight -> Overweight
2026-02-17Truist SecuritiesMaintains Buy -> Buy
2026-02-17JP MorganMaintains Overweight -> Overweight
2026-02-17Goldman SachsMaintains Buy -> Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
Apr 30, 2026
Period
Q1 / 2026
EPS Estimate
$0.05
Revenue Estimate
1.688B
Revenue Q2Q
19.82%
EPS Q2Q
169.70%
Number of Analysts
30

Next Earnings Revisions

Revenue (1 Month)
0.06%
Revenue (3 Months)
-4.74%
EPS (1 Month)
-6.05%
EPS (3 Months)
-17.01%

Next Earnings Summary

DKNG is expected to report earnings on 4/30/2026. The consensus EPS estimate for the next earnings is 0.05 USD and the consensus revenue estimate is 1.69B USD.
The next earnings revenue estimate has been revised downward by 4.74% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2033

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
Revenue
YoY % growth
DKNG revenue by date.DKNG revenue by date.
3.665B
63.60%		4.768B
30.07%		6.055B
26.99%		6.993B
15.50%		7.907B
13.07%		9.057B
14.54%		10.414B
14.98%		11.319B
8.69%		12.286B
8.54%		12.649B
2.95%		12.941B
2.31%
EBITDA
YoY % growth
DKNG ebitda by date.DKNG ebitda by date.
-584.245M
56.48%		-311.759M
46.64%		265.171M
185.06%		827.42M
212.03%		1.237B
49.50%		1.772B
43.25%		2.245B
26.69%		2.604B
15.99%		2.907B
11.64%		3.086B
6.16%		3.251B
5.35%
EBIT
YoY % growth
DKNG ebit by date.DKNG ebit by date.
-786.165M
48.00%		-582.613M
25.89%		-10.317M
98.23%		196.01M
1,999.87%		607.19M
209.78%		1.124B
85.12%		1.566B
39.32%		1.925B
22.92%		2.368B
23.01%		2.51B
6.00%		2.658B
5.90%
Operating Margin
DKNG operating margin by date.DKNG operating margin by date.
-21.45%-12.22%-0.17%2.80%7.68%12.41%15.04%17.01%19.27%19.84%20.54%
EPS
YoY % growth
DKNG eps by date.DKNG eps by date.
-1.13
59.21%		-1.06
6.19%		-0.04
96.23%		0.35
977.91%		1.09
209.18%		1.95
79.36%		3.07
57.40%		3.47
13.14%		5.03
45.00%		5.60
11.36%		6.27
12.02%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth		0.05
169.70%		0.24
-21.49%		-0.29
44.65%		0.35
39.27%		0.21
334.87%		0.31
31.39%		-0.06
79.52%		0.57
63.99%		0.34
60.34%		0.44
43.54%		-0.02
61.94%		0.88
53.72%
Revenue
Q2Q % growth		1.688B
19.82%		1.622B
7.24%		1.48B
29.37%		2.176B
9.39%		1.917B
13.57%		1.823B
12.39%		1.662B
12.30%		2.424B
11.40%		2.133B
11.27%		1.995B
9.43%		1.829B
10.05%		2.638B
8.83%
EBITDA
Q2Q % growth		174.85M
635.13%		286.62M
0.20%		-8.602M
87.78%		373.76M
-13.63%		289.72M
65.70%		374.96M
30.82%		96.703M
1,224.24%		487.56M
30.45%		383.5M
32.37%		452.46M
20.67%		139.49M
44.25%		775.09M
58.97%
EBIT
Q2Q % growth		21.961M
147.40%		128.28M
-14.85%		-158.169M
41.83%		198.72M
26.36%		121.33M
452.48%		176.78M
37.81%		-35.99M
77.25%		346.11M
74.17%		224.97M
85.42%		294.33M
66.50%		-8.422M
76.60%		582.53M
68.31%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

DKNG Yearly Revenue VS EstimatesDKNG Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2B 4B 6B 8B 10B
DKNG Yearly EPS VS EstimatesDKNG Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 0 2 -2 4 6

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
270.07%
EPS Next 5 Year
145.24%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
13.78%
Revenue Next 5 Year
12.98%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
184.75%
EBIT Next 5 Year
101.22%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

DRAFTKINGS INC-CL A / DKNG Forecast FAQ

Can you provide the average price target for DRAFTKINGS INC-CL A stock?

44 analysts have analysed DKNG and the average price target is 36.5 USD. This implies a price increase of 59.97% is expected in the next year compared to the current price of 22.82.

When does DRAFTKINGS INC-CL A (DKNG) report earnings?

DRAFTKINGS INC-CL A (DKNG) will report earnings on 2026-04-30, after the market close.

What are the consensus estimates for DRAFTKINGS INC-CL A (DKNG) next earnings?

The consensus EPS estimate for the next earnings of DRAFTKINGS INC-CL A (DKNG) is 0.05 USD and the consensus revenue estimate is 1.69B USD.

Can you provide the analyst count for DRAFTKINGS INC-CL A stock?

The number of analysts covering DRAFTKINGS INC-CL A (DKNG) is 44.