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NASDAQ: DKNG
DRAFTKINGS HOLDINGS INC Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for DKNG

Based on 13 analysts offering 12 month price targets for DRAFTKINGS HOLDINGS INC.
Min Forecast
$16.00+15.44%
Avg Forecast
$25.31+82.6%
Max Forecast
$36.00+159.74%

Should I buy or sell DKNG stock?

Based on 15 analysts offering ratings for DRAFTKINGS HOLDINGS INC.
Buy
Strong Buy
4 analysts 26.67%
Buy
2 analysts 13.33%
Hold
9 analysts 60%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

DKNG stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Oppenheimer
Bottom 5%
5
BuyMaintains$24.00+73.16%2022-05-09Find out why
Canaccord Genuity
Bottom 3%
3
Strong BuyMaintains$34.00+145.31%2022-05-09Find out why
Deutsche Bank
Top 9%
92
HoldMaintains$16.00+15.44%2022-05-09Find out why
Needham
Bottom 1%
1
BuyMaintains$25.00+80.38%2022-05-09Find out why
Loop Capital
Bottom 9%
9
Strong BuyMaintains$25.00+80.38%2022-05-09Find out why
UBS
Top 13%
88
HoldMaintains$18.00+29.87%2022-03-17Find out why
Argus Research
Top 18%
83
HoldDowngradesN/AN/A2022-03-07
Citigroup
Bottom 4%
4
Strong BuyMaintains$35.00+152.53%2022-02-23Find out why
Roth Capital
Bottom 25%
25
HoldUpgrades$19.00+37.09%2022-02-22Find out why
Truist Securities
Top 14%
87
HoldMaintains$22.00+58.73%2022-02-22Find out why

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Forecast return on equity

Is DKNG forecast to generate an efficient return?
Company
-6.21%
Industry
60.39%
Market
32.81%
DKNG's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is DKNG forecast to generate an efficient return on assets?
Company
-2.56%
Industry
5.62%
DKNG is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

DKNG earnings per share forecast

What is DKNG's earnings per share in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
-$3.58
Avg 2 year Forecast
-$2.34
Avg 3 year Forecast
-$1.36

DKNG revenue forecast

What is DKNG's revenue in the next 3 years based on estimates from 8 analysts?
Avg 1 year Forecast
$2.1B+62.49%
Avg 2 year Forecast
$2.8B+112.6%
Avg 3 year Forecast
$3.5B+170.33%
DKNG's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

DKNG revenue growth forecast

How is DKNG forecast to perform vs Gambling companies and vs the US market?
Company
38.96%
Industry
28.14%
Market
9.2%
DKNG's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
DKNG's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

DKNG vs Gambling Stocks

TickerPricePrice TargetUp/downsideConsensus
DKNG$13.86$25.31+82.60%Buy
CHDN$186.10$274.00+47.23%Strong Buy
LNW$50.05$75.43+50.71%Buy
SGHC$8.67$13.00+49.94%Strong Buy
IGT$20.11$44.00+118.80%Strong Buy
View Top Gambling Stocks

DRAFTKINGS HOLDINGS Stock Forecast FAQ

Is DRAFTKINGS HOLDINGS Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 15 Wall Street analysts covering (NASDAQ: DKNG) stock is to Buy DKNG stock.

Out of 15 analysts, 4 (26.67%) are recommending DKNG as a Strong Buy, 2 (13.33%) are recommending DKNG as a Buy, 9 (60%) are recommending DKNG as a Hold, 0 (0%) are recommending DKNG as a Sell, and 0 (0%) are recommending DKNG as a Strong Sell.

What is DKNG's earnings growth forecast for 2022-2024?

(NASDAQ: DKNG) DRAFTKINGS HOLDINGS's forecast annual earnings growth rate of N/A is not forecast to beat the US Gambling industry's average forecast earnings growth rate of 11.01%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 15.78%.

DRAFTKINGS HOLDINGS's earnings in 2022 is -$1,523,195,000.On average, 5 Wall Street analysts forecast DKNG's earnings for 2022 to be -$2,870,029,486, with the lowest DKNG earnings forecast at -$3,150,618,961, and the highest DKNG earnings forecast at -$2,501,254,748. On average, 5 Wall Street analysts forecast DKNG's earnings for 2023 to be -$1,875,941,061, with the lowest DKNG earnings forecast at -$2,276,783,168, and the highest DKNG earnings forecast at -$1,475,098,954.

In 2024, DKNG is forecast to generate -$1,090,290,531 in earnings, with the lowest earnings forecast at -$1,651,469,481 and the highest earnings forecast at -$392,825,265.

What is DKNG's revenue growth forecast for 2022-2024?

(NASDAQ: DKNG) DRAFTKINGS HOLDINGS's forecast annual revenue growth rate of 38.96% is forecast to beat the US Gambling industry's average forecast revenue growth rate of 28.14%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 9.2%.

DRAFTKINGS HOLDINGS's revenue in 2022 is $1,296,025,000.On average, 8 Wall Street analysts forecast DKNG's revenue for 2022 to be $1,688,229,107,105, with the lowest DKNG revenue forecast at $1,662,853,396,679, and the highest DKNG revenue forecast at $1,728,968,293,807. On average, 7 Wall Street analysts forecast DKNG's revenue for 2023 to be $2,208,912,582,203, with the lowest DKNG revenue forecast at $2,068,184,935,277, and the highest DKNG revenue forecast at $2,350,538,115,448.

In 2024, DKNG is forecast to generate $2,808,754,356,591 in revenue, with the lowest revenue forecast at $2,425,976,599,985 and the highest revenue forecast at $3,048,003,381,628.

What is DKNG's forecast return on assets (ROA) for 2022-2025?

(NASDAQ: DKNG) forecast ROA is -2.56%, which is lower than the forecast US Gambling industry average of 5.62%.

What is DKNG's Price Target?

According to 13 Wall Street analysts that have issued a 1 year DKNG price target, the average DKNG price target is $25.31, with the highest DKNG stock price forecast at $36.00 and the lowest DKNG stock price forecast at $16.00.

On average, Wall Street analysts predict that DRAFTKINGS HOLDINGS's share price could reach $25.31 by May 9, 2023. The average DRAFTKINGS HOLDINGS stock price prediction forecasts a potential upside of 82.6% from the current DKNG share price of $13.86.

What is DKNG's Earnings Per Share (EPS) forecast for 2022-2024?

(NASDAQ: DKNG) DRAFTKINGS HOLDINGS's current Earnings Per Share (EPS) is -$3.78. On average, analysts forecast that DKNG's EPS will be -$3.58 for 2022, with the lowest EPS forecast at -$3.93, and the highest EPS forecast at -$3.12. On average, analysts forecast that DKNG's EPS will be -$2.34 for 2023, with the lowest EPS forecast at -$2.84, and the highest EPS forecast at -$1.84. In 2024, DKNG's EPS is forecast to hit -$1.36 (min: -$2.06, max: -$0.49).

What is DKNG's forecast return on equity (ROE) for 2022-2025?

(NASDAQ: DKNG) forecast ROE is -6.21%, which is considered weak.
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