The latest price target for DraftKings (NASDAQ:DKNG) was reported by Needham on September 16, 2024. The analyst firm set a price target for $60.00 expecting DKNG to rise to within 12 months (a possible 52.87% upside). 97 analyst firms have reported ratings in the last year.

The latest analyst rating for DraftKings (NASDAQ:DKNG) was provided by Needham, and DraftKings reiterated their buy rating.

The last upgrade for DraftKings Inc happened on February 23, 2024 when Barclays raised their price target to $50. Barclays previously had an equal-weight for DraftKings Inc.

The last downgrade for DraftKings Inc happened on January 19, 2024 when Exane BNP Paribas changed their price target from N/A to $28 for DraftKings Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of DraftKings, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for DraftKings was filed on September 16, 2024 so you should expect the next rating to be made available sometime around September 16, 2025.

While ratings are subjective and will change, the latest DraftKings (DKNG) rating was a reiterated with a price target of $60.00 to $60.00. The current price DraftKings (DKNG) is trading at is $39.25, which is out of the analyst’s predicted range.