15-min delayed · Sep 8, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 31 firms covering DraftKings Inc, 26 rate it Buy or better, 4 sit at Hold, and 1 rate it Sell or worse, a strong buy consensus. Targets span $27.00 to $50.00, a moderate spread. The average target of $34.64 sits 45% above the current $23.89. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.70 next quarter toward $1.64 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS31 ratings
Strong Buy
Strong Buy00%
Buy2684%
Hold413%
Sell13%
Strong Sell00%
Based on 31 analysts giving stock ratings to DraftKings Inc.
As of Sep, 26 of 31 firms rate DKNG a Buy (4 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
DKNG EPS & revenue forecast
EPS · NEXT QUARTER
$0.70
Range $0.42 – $0.86 · 11 analysts · +94% YoY
Next period, 11 analysts expect DraftKings Inc to earn $0.70 a share (range $0.42 – $0.86), versus $0.36 a year earlier. Full-year consensus is $0.88, growing to $1.64 the year after.
REVENUE · NEXT QUARTER
$2.2B
Range $2.0B – $2.3B · 11 analysts · +10% YoY
Revenue is expected to reach $2.2B (range $2.0B – $2.3B), +9.8% year-over-year. Full-year consensus is $6.7B, rising to $7.6B next year.
Top analysts covering DraftKings Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on DKNG.
#1
Lance Vitanza
TD Cowen · Rank #207
Buy
$35.00+46.5% to target
Overall win rate
45%
+ Follow
#2
Curry Baker
Guggenheim · Rank #231
Buy
$33.00+38.2% to target
Overall win rate
38%
+ Follow
#3
Chad Beynon
Macquarie · Rank #310
Buy
$38.00+59.1% to target
Overall win rate
35%
+ Follow
#4
GG
Greg Gibas
Northland Capital Markets · Rank #338
Hold
$28.00+17.2% to target
Overall win rate
27%
+ Follow
#5
Mike Hickey
Benchmark · Rank #382
Buy
$30.00+25.6% to target
Overall win rate
36%
+ Follow
DKNG stock forecast FAQ
What is DKNG's average 12-month price target?+
The 22 analysts with a live target average $34.64 for DraftKings Inc over the next 12 months, ranging from a $50.00 high to a $27.00 low.
Is DKNG stock a Buy, Sell or Hold right now?+
The current consensus is Strong Buy. Of the 31 analyst ratings, 26 are Buy or Strong Buy, 4 are Hold, and 1 are Sell or Strong Sell.
What are the highest and lowest price targets for DKNG?+
The Street-high target is $50.00 (BMO Capital), and the Street-low is $27.00 (MoffettNathanson). The average of all 22 active targets is $34.64.
How many Wall Street analysts cover DKNG?+
31 analysts have an active rating on DraftKings Inc, and 22 firms carry a live 12-month price target.
Who is the most accurate analyst covering DKNG?+
Among analysts who currently cover DKNG, Lance Vitanza of TD Cowen has the strongest overall Quantellect track record (Rank #207). Their current call is Buy with a $35.00 target.
What is DraftKings Inc's projected EPS for next quarter?+
The consensus estimate is $0.70 per share (range $0.42 – $0.86) across 11 analysts. Full-year EPS is projected at $0.88, rising to $1.64 the following year.
How much revenue is DraftKings Inc expected to report next quarter?+
Consensus revenue is $2.2B (range $2.0B – $2.3B). Full-year revenue is projected at $6.7B, growing to $7.6B next year.
Have analysts been upgrading or downgrading DKNG lately?+
As of Sep, 26 of 31 firms rate DKNG a Buy (4 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their DKNG calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
