
DraftKings (DKNG) Stock Forecast & Price Target
DraftKings (DKNG) Analyst Ratings
Bulls say
DraftKings has demonstrated strong financial performance, with a structural sportsbook hold increase of 80 basis points year-over-year, outperforming company targets. The company's revenue guidance for 2025 has been raised by $50 million, indicating a positive outlook with a midpoint of $6.45 billion and significant contributions from Same Game Parlays, particularly within the NFL and NBA. Additionally, the effective cross-sell strategy has enhanced customer lifetime value (LTV) while reducing churn, further solidifying DraftKings' position in the competitive online sports and casino gambling market.
Bears say
DraftKings has experienced a significant decline in adjusted EBITDA, with a reduction of approximately $104 million in the most recent quarter, indicating ongoing financial struggles. The company faces rising customer acquisition costs and lower conversion rates, which could lead to top-line misses and sustained pressure on EBITDA, reflecting a difficult competitive environment. Additionally, handle growth has decelerated from 25% to 15%, indicating a troubling trend that may be exacerbated by external factors, such as the impact of the NFL schedule and election distractions.
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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