DraftKings (DKNG) Stock Forecast for 2023 – 2026. Sell or Buy?
Updated: December 6, 2023 (05:59)Sector: Financial
The share price of DraftKings Inc. (DKNG) now
50/200 Day Moving Average: $31.93 / $26.46
This figure corresponds to the Average Price over the previous 50/200 days. For DraftKings stocks, the 50-day moving average is the support level today.
For DraftKings stocks, the 200-day moving average is the support level today.
Are you interested in DraftKings Inc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the DraftKings stock price in 2024, 2025, 2026, 2027, 2028. How much will one DraftKings share be worth in 2024 - 2028?
When should I take profit in DraftKings stock? When should I record a loss on DraftKings stock? What are analysts' forecasts for DraftKings stock? What is the future of DraftKings stock? We forecast DraftKings stock performance using neural networks based on historical data on DraftKings stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.
DraftKings stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2024, 2025, 2026, 2027 and 2028) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for DraftKings shares. This happens once a day.
Historical and forecast chart of DraftKings stock
The chart below shows the historical price of DraftKings stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the DraftKings stock price can be found in the table below.
Long-term forecasts by years.
DraftKings Inc. operates as a digital sports, entertainment and gaming company in the United States. The company provides users with daily opportunities for sports, sports betting and iGaming. She is also involved in the design and development of sports betting and casino gaming platform software for online and retail bookmakers, as well as casino gaming products. The company distributes its product offerings through a variety of channels, including traditional websites, direct app downloads, and direct-to-consumer digital platforms. DraftK ings Inc. headquartered in Boston, Massachusetts.
DraftKings daily forecast for a month
DraftKings Daily Price Targets
DraftKings Stock Forecast 12-08-2023.
Forecast target price for 12-08-2023: $37.47.
Positive dynamics for DraftKings shares will prevail with possible volatility of 3.987%.
Pessimistic target level: 36.81
Optimistic target level: 38.34
DraftKings Stock Forecast 12-09-2023.
Forecast target price for 12-09-2023: $37.98.
Positive dynamics for DraftKings shares will prevail with possible volatility of 2.599%.
Pessimistic target level: 37.57
Optimistic target level: 38.57
DraftKings Stock Forecast 12-10-2023.
Forecast target price for 12-10-2023: $38.15.
Positive dynamics for DraftKings shares will prevail with possible volatility of 3.744%.
Pessimistic target level: 37.26
Optimistic target level: 38.71
DraftKings Stock Forecast 12-11-2023.
Forecast target price for 12-11-2023: $37.31.
Negative dynamics for DraftKings shares will prevail with possible volatility of 4.361%.
Pessimistic target level: 36.33
Optimistic target level: 37.98
DraftKings Stock Forecast 12-12-2023.
Forecast target price for 12-12-2023: $37.12.
Negative dynamics for DraftKings shares will prevail with possible volatility of 5.354%.
Pessimistic target level: 35.96
Optimistic target level: 37.99
DraftKings Stock Forecast 12-13-2023.
Forecast target price for 12-13-2023: $36.77.
Negative dynamics for DraftKings shares will prevail with possible volatility of 4.334%.
Pessimistic target level: 35.72
Optimistic target level: 37.33
DKNG (DKNG) Monthly Stock Prediction for 2024
DraftKings forecast for this year
DraftKings Stock Prediction for Jan 2024
An uptrend is forecast for this month with an optimal target price of $40.6673. Pessimistic: $38.25. Optimistic: $42.37
DraftKings Stock Prediction for Feb 2024
An downtrend is forecast for this month with an optimal target price of $40.1305. Pessimistic: $37.04. Optimistic: $42.82
DraftKings Stock Prediction for Mar 2024
An uptrend is forecast for this month with an optimal target price of $41.1899. Pessimistic: $39.29. Optimistic: $44.41
DraftKings Stock Prediction for Apr 2024
An downtrend is forecast for this month with an optimal target price of $40.2837. Pessimistic: $37.49. Optimistic: $42.68
DraftKings Stock Prediction for May 2024
An uptrend is forecast for this month with an optimal target price of $41.0813. Pessimistic: $38.01. Optimistic: $44.52
DraftKings Stock Prediction for Jun 2024
An uptrend is forecast for this month with an optimal target price of $42.3466. Pessimistic: $40.86. Optimistic: $44.21
DraftKings Stock Prediction for Jul 2024
An uptrend is forecast for this month with an optimal target price of $45.7005. Pessimistic: $43.44. Optimistic: $49.37
DraftKings Stock Prediction for Aug 2024
An uptrend is forecast for this month with an optimal target price of $47.2589. Pessimistic: $44.66. Optimistic: $49.23
DraftKings Stock Prediction for Sep 2024
An downtrend is forecast for this month with an optimal target price of $45.9073. Pessimistic: $42.78. Optimistic: $47.78
DraftKings Stock Prediction for Oct 2024
An downtrend is forecast for this month with an optimal target price of $42.8269. Pessimistic: $39.44. Optimistic: $45.28
DraftKings Stock Prediction for Nov 2024
An downtrend is forecast for this month with an optimal target price of $41.6492. Pessimistic: $38.63. Optimistic: $43.80
DraftKings Stock Prediction for Dec 2024
An downtrend is forecast for this month with an optimal target price of $37.1594. Pessimistic: $34.22. Optimistic: $39.41
DraftKings (DKNG) Monthly Stock Prediction for 2025
DraftKings (DKNG) Monthly Stock Prediction for 2026
DraftKings (DKNG) Monthly Stock Prediction for 2027
DraftKings (DKNG) Monthly Stock Prediction for 2028
DraftKings information and performance
222 BERKELEY STREET, 5TH FLOOR, BOSTON, MA, UNITED STATES
Market capitalization of the DraftKings Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of DKNG shares in the company outstanding by the market price of one share.
EBITDA of DraftKings is earnings before interest, income tax and depreciation of assets.
P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit
Price/earnings to growth
Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
EPS shows how much of the net profit is accounted for by the common share.
Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.
Forward P/E uses projections of future earnings instead of final numbers.
Enterprise Value (EV) /Revenue
The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).
Number of issued ordinary shares
Number of freely tradable shares
Shares Short Prior Month - the number of shares in short positions in the last month.
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All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.