DraftKings (DKNG) Stock Forecast for 2023 – 2026. Sell or Buy Prediction

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

Latest session on the 5th of December for
DraftKings Inc. is negative
Trading Volume: 13780672
Open: 36.422 /  High: 37.039 /  Low: 35.64
What analysts predict: $39.58
52-week High/Low: $39.35 / $10.69

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.

www.draftkings.com

DraftKings daily forecast for a month

Date Target Pes. Opt. Vol., %
Dec 08 37.47 36.81 38.34 4.15
Dec 09 37.98 37.57 38.57 2.67
Dec 10 38.15 37.26 38.71 3.89
Dec 11 37.31 36.33 37.98 4.56
Dec 12 37.12 35.96 37.99 5.66
Dec 13 36.77 35.72 37.33 4.53
Dec 14 36.80 35.74 37.32 4.41
Dec 15 36.35 35.80 36.86 2.97
Dec 16 35.53 35.11 36.66 4.41
Dec 17 36.05 35.50 36.68 3.33
Dec 18 36.07 35.44 36.64 3.38
Dec 19 36.35 35.91 36.70 2.19
Dec 20 37.54 36.62 38.26 4.47
Dec 21 38.85 38.32 40.06 4.54
Dec 22 39.81 39.35 40.21 2.19
Dec 23 40.02 39.25 40.56 3.34
Dec 24 40.34 39.56 40.90 3.38
Dec 25 41.19 40.47 41.72 3.09
Dec 26 41.60 40.87 42.47 3.91
Dec 27 40.62 39.94 41.83 4.72
Dec 28 40.80 39.79 41.31 3.81
Dec 29 40.98 40.65 42.21 3.83
Dec 30 40.51 39.91 41.23 3.33
Dec 31 41.92 41.51 42.28 1.86
Jan 01 42.45 42.01 43.25 2.95
Jan 02 42.37 41.99 43.23 2.95
Jan 03 42.69 41.46 43.34 4.53
Jan 04 41.20 39.90 41.78 4.71
Jan 05 41.04 40.12 42.29 5.40
Jan 06 40.63 39.60 41.00 3.53

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

Month Target Pes. Opt. Vol., %
Jan. 40.67 38.25 42.37 9.71
Feb. 40.13 37.04 42.82 13.50
Mar. 41.19 39.29 44.41 11.53
Apr. 40.28 37.49 42.68 12.15
May. 41.08 38.01 44.52 14.62
Jun. 42.35 40.86 44.21 7.59
Jul. 45.70 43.44 49.37 12.02
Aug. 47.26 44.66 49.23 9.29
Sep. 45.91 42.78 47.78 10.46
Oct. 42.83 39.44 45.28 12.90
Nov. 41.65 38.63 43.80 11.82
Dec. 37.16 34.22 39.41 13.17

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

Month Target Pes. Opt. Vol., %
Jan 39.20 38.08 41.06 7.25
Feb 40.97 38.49 43.09 10.67
Mar 40.93 37.32 43.18 13.55
Apr 39.31 37.92 41.12 7.78
May 37.45 34.81 38.52 9.62
Jun 40.49 37.15 42.59 12.76
Jul 42.10 39.60 43.35 8.65
Aug 42.19 40.66 43.86 7.30
Sep 41.31 38.95 43.72 10.91
Oct 42.76 40.93 45.77 10.58
Nov 44.46 43.28 45.63 5.14
Dec 45.83 44.57 48.04 7.24

DraftKings (DKNG) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 46.28 43.22 49.18 12.11
Feb 48.26 47.10 50.18 6.14
Mar 52.67 49.48 56.21 11.96
Apr 52.27 50.25 55.89 10.08
May 46.63 43.86 49.61 11.58
Jun 48.22 44.35 49.60 10.59
Jul 49.07 45.99 52.58 12.52
Aug 50.20 46.12 52.36 11.92
Sep 49.27 47.15 52.68 10.49
Oct 52.95 51.79 56.62 8.54
Nov 58.43 55.92 63.12 11.40
Dec 63.89 60.09 67.05 10.38

DraftKings (DKNG) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 66.56 61.58 70.59 12.76
Feb 67.14 65.15 72.46 10.09
Mar 65.59 60.54 71.15 14.91
Apr 63.14 61.68 67.31 8.36
May 56.96 53.26 59.40 10.34
Jun 55.96 51.52 60.20 14.42
Jul 57.19 54.29 60.14 9.73
Aug 59.95 55.14 64.51 14.52
Sep 63.52 61.14 67.92 9.98
Oct 64.91 61.34 67.20 8.71
Nov 64.98 61.27 69.35 11.65
Dec 63.05 58.13 65.97 11.88

DraftKings (DKNG) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 60.21 55.97 65.18 14.12
Feb 65.71 62.89 67.37 6.65
Mar 63.18 60.19 65.40 7.97
Apr 64.36 60.25 65.85 8.49
May 60.96 58.21 65.39 10.97
Jun 64.31 58.87 68.70 14.31
Jul 62.83 59.72 65.04 8.18
Aug 62.48 57.67 64.75 10.93
Sep 62.07 58.59 67.06 12.63
Oct 60.23 54.99 64.00 14.08
Nov 66.39 61.06 72.09 15.30
Dec 65.15 63.07 67.51 6.58

DraftKings information and performance

DraftKings Address

222 BERKELEY STREET, 5TH FLOOR, BOSTON, MA, UNITED STATES

Market Capitalization: 17 567 928 000 $

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: -795 459 968 $

EBITDA of DraftKings is earnings before interest, income tax and depreciation of assets.

PE Ratio: None

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: None

Price/earnings to growth

DPS: N/A

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.

DY: N/A

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: -2.17

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: N/A
Quarterly Revenue Growth YOY: 0.574
Trailing PE: -

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 PE: -

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 5.6

Enterprise Value (EV) /Revenue

EV To EBITDA: -21.42

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 466242000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A



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Disclaimer:

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.