Back to top
more

DraftKings (DKNG)

(Delayed Data from NSDQ)

$43.55 USD

43.55
6,106,500

-0.25 (-0.57%)

Updated Nov 21, 2024 04:00 PM ET

After-Market: $43.50 -0.05 (-0.11%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

F Value A Growth F Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 49% (127 out of 250)

Industry: Gaming

Zacks Premium FeatureView All Zacks #1 Ranked Stocks

DraftKings (DKNG) Price Targets

Average Price Target Highest Price Target Lowest Price Target Upside to Average Price Target
$50.85 $62.00 $33.00 16.10%

Zacks Premium ContentFind the top stocks with the greatest target price potential and Zacks Rank of 1 or 2

Price Target

Based on short-term price targets offered by 31 analysts, the average price target for DraftKings comes to $50.85. The forecasts range from a low of $33.00 to a high of $62.00. The average price target represents an increase of 16.1% from the last closing price of $43.80.

Analyst Price Targets (31)

Last Close 43.80
Average 50.85 16.10% Upside Low 33.00 -24.66% Downside High 62.00 41.55% Upside

Broker Rating

DraftKings currently has an average brokerage recommendation (ABR) of 1.24 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 31 brokerage firms. The current ABR compares to an ABR of 1.24 a month ago based on 31 recommendations.

Of the 31 recommendations deriving the current ABR, 26 are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 83.87% and 6.45% of all recommendations. A month ago, Strong Buy made up 83.87%, while Buy represented 6.45%.

Broker Rating Breakdown

Broker Rating Visualization

Brokerage Recommendations

Today 1 Week Ago 1 Month Ago 2 Months Ago 3 Months Ago
Strong Buy 26 26 26 26 26
Buy 2 2 2 2 2
Hold 3 3 3 3 2
Sell 0 0 0 0 0
Strong Sell 0 0 0 0 1
ABR 1.24 1.24 1.24 1.24 1.31

1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.

2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.

Analyst Upgrades/Downgrades

Date Brokerage Firm Analyst Previous Current
11/15/2024 Berenberg Bank Jack Cummings Hold Hold
11/13/2024 Cowen & Co. Lance Vitanza Strong Buy Strong Buy
11/11/2024 Northland Capital Markets Greg Gibas Strong Buy Strong Buy
11/11/2024 Needham & Company Bernie Mcternan Moderate Buy Moderate Buy
11/11/2024 Not Identified Not Identified Strong Buy Strong Buy
11/11/2024 Macquarie Capital Securities Chad C Beynon Strong Buy Strong Buy
11/11/2024 JMP Securities Jordan Bender Strong Buy Strong Buy
11/11/2024 Truist Securities Barry Jonas Strong Buy Strong Buy
11/9/2024 Not Identified Not Identified Strong Buy Strong Buy
11/6/2024 Not Identified Not Identified Strong Buy Strong Buy
10/17/2024 Wells Fargo Securities Daniel Politzer Strong Buy Strong Buy
10/16/2024 BMO Capital Markets Brian J Pitz Strong Buy Strong Buy
10/14/2024 Canaccord Genuity Michael Graham Strong Buy Strong Buy
9/10/2024 Exane BNP Paribas Alistair Johnson Strong Sell Hold
9/4/2024 UBS Robin M Farley Strong Buy Strong Buy
8/23/2024 Craig-Hallum Ryan Sigdahl Strong Buy Strong Buy
8/5/2024 Goldman Sachs Benjamin Miller Strong Buy Strong Buy
8/2/2024 The Benchmark Company Michael J Hickey Strong Buy Strong Buy
8/2/2024 Mizuho SecuritiesUSA Benjamin Chaiken Strong Buy Strong Buy
8/1/2024 Susquehanna Financial Group Joseph R Stauff Strong Buy Strong Buy
6/26/2024 Guggenheim Securities Curry Baker Strong Buy Strong Buy
5/6/2024 Argus Research Corp. John M Eade Strong Buy Strong Buy
3/28/2024 MoffettNathanson Robert Fishman Strong Buy Strong Buy
2/27/2024 BTIG Clark W Lampen Strong Buy Strong Buy

1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.

2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.

Average Brokerage Rating

Current ABR

Zacks provides the average brokerage recommendation (ABR) for thousands of stocks for most of the leading investment web sties. The ABR is the calculated average of the actual recommendations (strong buy, hold, sell etc) made by the brokerage firms for a given stock.

ABR vs Zacks Rank

 1.24
ABR (Last week) 1.24
# of Recs in ABR 31
Average Target Price $50.85
LT Growth Rate 31.70%
Industry Gaming
Industry Rank by ABR 127 of 252
Current Quarter EPS Est: -0.01

DKNG FAQs

DraftKings Inc. (DKNG) currently has an average brokerage recommendation (ABR) of 1.24 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 31 brokerage firms.

The average price target for DraftKings Inc. (DKNG) is $50.85. The current on short-term price targets is based on 9 reports.

The forecasts for DraftKings Inc. (DKNG) range from a low of $33 to a high of $62. The average price target represents a increase of $16.10 from the last closing price of $43.80.

The current UPSIDE for DraftKings Inc. (DKNG) is 16.10%

Based on short-term price targets offered by 31 analysts, the average price target for DraftKings comes to $50.85. The forecasts range from a low of $33.00 to a high of $62.00. The average price target represents an increase of 16.1% from the last closing price of $43.80.