
DraftKings (DKNG) Stock Forecast & Price Target
DraftKings (DKNG) Analyst Ratings
Bulls say
DraftKings has demonstrated a robust growth trajectory, with online sports betting (OSB) handle growth accelerating to 10% year-over-year and projected 4Q revenue of $2.043 billion, marking an increase from previous estimates. The company holds an impressive 80% market share among monthly active users (MAUs) in the fourth quarter, with consistent share gains and significant momentum in both core OSB and iGaming products. Additionally, DraftKings plans to enhance its offerings with a predictive event platform launching in late 2025, which, combined with positive trends in app downloads and user engagement, signals a strong future revenue potential.
Bears say
DraftKings's stock has experienced a significant decline, with shares down approximately 40% since late August, while the broader S&P 500 increased by 5%. The company's projected EBITDA for 2025 has been revised down to a range of $450-550 million, sharply lower than prior estimates of $800-900 million, reflecting expectations of continued low hold rates in sports betting and rising customer acquisition costs due to increased advertising expenses. Furthermore, DraftKings's 2026 EBITDA outlook has also been reduced to $910 million from $998 million, indicating persistent financial pressure and potential difficulties in maintaining competitive offerings in the market.
This aggregate rating is based on analysts' research of DraftKings and is not a guaranteed prediction by Public.com or investment advice.
DraftKings (DKNG) Analyst Forecast & Price Prediction
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