43.03
price down icon0.07%   -0.03
 
loading

Draftkings Inc Stock (DKNG) Forecast

The Draftkings Inc (DKNG) stock price forecast for the next 30 days is generally positive, with an average analyst price target of $59.67, representing a +38.67% increase from the current price of $43.03. The highest analyst price target is $62.91, and the lowest is $56.43.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month DKNG Price Target
Average 89.38 (+107.71% Upside)
loading

Is Draftkings Inc (DKNG) A Buy Now?

Oscillators
Name Value Action
RSI(14) 62.55 Neutral
STOCH(9,6) 78.71 Neutral
STOCHRSI(14) 41.30 Neutral
MACD(12,26) 1.4722 Buy
ADX(14) 25.84 Buy
William %R -22.74 Neutral
CCI(14) 62.80 Neutral
Buy: 2 Sell: 0 Neutral: 5
Summary: Neutral
Moving Averages
Period Simple Exponential
MA10
42.61
Buy
42.49
Buy
MA20
40.67
Buy
41.29
Buy
MA50
39.20
Buy
39.48
Buy
MA100
37.30
Buy
38.65
Buy
MA200
39.57
Buy
37.65
Buy
Buy: 10 Sell: 0 Neutral: 0
Summary: Buy
According to our latest analysis, DKNG could be considered a Strong Buy, with 17 technical analysis indicators signaling 12 Buy signals, 0 signaling Sell signals and 5 Neutral signals. This might be a good time to open fresh positions on DKNG, as trading bullish markets is always a lot easier
  1. RSI (Relative Strength Index): The RSI(14) value of 62.55 indicates that DKNG is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
  2. STOCH (Stochastic Oscillator): The STOCH value of 78.71 indicates that DKNG is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 41.3 indicates that DKNG is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  4. ADX (Average Directional Index): The ADX value of The ADX value of 25.84 suggests a moderate trend in the market. While not exceptionally strong, it indicates that there is some directional movement occurring. You should pay attention to this trend but may also look for confirmation from other technical indicators or fundamental factors.
  5. CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 62.8 indicates that DKNG is still overbought but not to an extreme extent.

Long-term DKNG price forecast for 2025, 2030, 2035, 2040, 2045 and 2050

Based on our analysis about Draftkings Inc financial reports and earnings history, Draftkings Inc (DKNG) stock could reach $86.02 by 2030, $416.47 by 2040 and $569.47 by 2050. See the projected annual prices until 2050 of the Draftkings Inc stock below:

  • Draftkings Inc (DKNG) is expected to reach an average price of $316.04 in 2035, with a high prediction of $317.68 and a low estimate of $307.19. This indicates an $634.48% rise from the last recorded price of $43.03.
  • Draftkings Inc (DKNG) stock is projected to chart a bullish course in 2040, with an average price target of $416.13, representing an $867.07% surge from its current level. The forecast ranges from a conservative $400.78 to a sky-high $416.47.
  • Our analysts predict Draftkings Inc (DKNG) to jump 1,057% by 2045, soaring from $491.10 to an average price of $497.80, potentially reaching $498.11. While $491.10 is the low estimate, the potential upside is significant.
  • Draftkings Inc (DKNG) stock is expected to climb by 2050, reaching an average of $568.81, a $1,222% jump from its current level. However, a wide range of estimates exists, with high and low targets of $569.47 and $557.28, respectively, highlighting the market's uncertainty.

Draftkings Inc Stock (DKNG) Year by Year Forecast

Draftkings Inc Stock (DKNG) Price Forecast for 2024

Our forecast for DKNG stock price in 2024 now indicates an average price target of $47.44 with a high forecast of $62.91 and a low forecast of $31.98. The average prediction reflects an increase of +10.26% from the last recorded price of $43.03.
Month Average Low High Change from today's price
December, 2024 $61.55 $56.43 $62.91 +43.04%

Draftkings Inc Stock (DKNG) Price Forecast for 2025

Draftkings Inc Stock (DKNG) is expected to reach an average price of $89.38 in 2025, with a high prediction of $122.46 and a low estimate of $56.30. This indicates an +107.71% rise from the last recorded price of $43.03.
Month Average Low High Change from today's price
January, 2025 $57.55 $56.30 $64.83 +33.74%
February, 2025 $62.06 $57.36 $63.05 +44.22%
March, 2025 $69.15 $61.52 $71.16 +60.69%
April, 2025 $90.21 $69.35 $95.66 +109.65%
May, 2025 $85.61 $83.17 $95.73 +98.96%
June, 2025 $91.38 $81.00 $92.67 +112.37%
July, 2025 $92.00 $85.45 $96.40 +113.80%
August, 2025 $112.55 $90.89 $112.84 +161.56%
September, 2025 $107.46 $104.63 $122.46 +149.73%
October, 2025 $103.74 $94.65 $111.53 +141.08%
November, 2025 $111.22 $101.67 $115.31 +158.48%
December, 2025 $115.81 $107.92 $118.68 +169.14%

Draftkings Inc Stock (DKNG) Price Forecast for 2026

The predicted value for Draftkings Inc (DKNG) in 2026 is set at an average of $126.48. Estimates vary from a peak of $142.44 to a trough of $110.51, indicating an +193.93% surge from the present price of $43.03.
Month Average Low High Change from today's price
January, 2026 $129.16 $113.99 $129.80 +200.17%
February, 2026 $126.29 $119.07 $138.93 +193.49%
March, 2026 $129.58 $126.15 $142.26 +201.14%
April, 2026 $126.76 $123.49 $133.59 +194.58%
May, 2026 $121.53 $110.77 $128.79 +182.42%
June, 2026 $124.72 $117.34 $128.32 +189.86%
July, 2026 $124.23 $117.11 $127.18 +188.71%
August, 2026 $128.39 $122.67 $130.73 +198.38%
September, 2026 $138.65 $128.94 $142.44 +222.22%
October, 2026 $127.62 $126.51 $137.54 +196.58%
November, 2026 $124.81 $123.34 $131.38 +190.05%
December, 2026 $111.41 $110.51 $126.81 +158.90%

Draftkings Inc Stock (DKNG) Price Forecast for 2027

For 2027, Stockscan's Analyst expects the average price target for Draftkings Inc (DKNG) is $111.31, with a high forecast of $120.20 and a low forecast of $102.42. This indicates an +158.68% increase from the last price of $43.03.
Month Average Low High Change from today's price
January, 2027 $111.99 $109.58 $117.34 +160.25%
February, 2027 $106.63 $103.40 $113.43 +147.81%
March, 2027 $110.04 $104.40 $111.83 +155.73%
April, 2027 $108.94 $104.29 $113.59 +153.17%
May, 2027 $107.18 $107.09 $111.82 +149.08%
June, 2027 $105.26 $102.42 $109.02 +144.62%
July, 2027 $106.85 $105.42 $108.54 +148.31%
August, 2027 $107.28 $105.38 $109.99 +149.30%
September, 2027 $111.18 $107.46 $111.69 +158.39%
October, 2027 $115.46 $111.10 $120.01 +168.33%
November, 2027 $119.01 $114.74 $120.20 +176.58%
December, 2027 $115.47 $114.23 $119.56 +168.35%

Draftkings Inc Stock (DKNG) Price Forecast for 2028

In 2028, Draftkings Inc (DKNG) is projected to reach an average price of $134.31, with a high projection of $154.13 and a low estimate of $114.49. This indicates an +212.12% rise from the last price of $43.03.
Month Average Low High Change from today's price
January, 2028 $118.62 $114.49 $120.62 +175.66%
February, 2028 $120.71 $117.85 $120.98 +180.52%
March, 2028 $118.70 $117.39 $121.46 +175.84%
April, 2028 $123.53 $119.20 $123.85 +187.09%
May, 2028 $129.25 $123.94 $131.64 +200.38%
June, 2028 $129.60 $128.59 $131.03 +201.19%
July, 2028 $135.32 $129.57 $135.37 +214.48%
August, 2028 $138.58 $133.98 $141.60 +222.05%
September, 2028 $141.19 $138.49 $143.05 +228.11%
October, 2028 $148.71 $141.21 $149.86 +245.59%
November, 2028 $149.39 $147.43 $154.13 +247.19%
December, 2028 $151.12 $145.78 $151.67 +251.20%

Draftkings Inc Stock (DKNG) Price Forecast for 2029

The 2029 price forecast for Draftkings Inc Stock (DKNG) is $128.73 on average, with a high prediction of $183.62 and a low estimate of $73.84. This represents an +199.17% increase from the previous price of $43.03.
Month Average Low High Change from today's price
January, 2029 $152.97 $150.16 $154.87 +255.50%
February, 2029 $152.43 $150.17 $154.80 +254.24%
March, 2029 $164.99 $151.87 $165.42 +283.43%
April, 2029 $163.12 $162.25 $166.74 +279.08%
May, 2029 $167.24 $160.86 $167.77 +288.65%
June, 2029 $174.48 $167.41 $175.14 +305.47%
July, 2029 $176.10 $171.90 $177.08 +309.26%
August, 2029 $181.62 $173.87 $183.62 +322.08%
September, 2029 $177.46 $174.57 $182.23 +312.41%
October, 2029 $76.02 $73.84 $179.26 +76.66%
November, 2029 $79.07 $76.76 $79.07 +83.75%
December, 2029 $82.02 $79.80 $82.02 +90.62%

Draftkings Inc Stock (DKNG) Price Forecast for 2030

Draftkings Inc Stock (DKNG) is expected to reach an average price of $115.80 in 2030, with a high forecast of $148.79 and a low forecast of $82.80. This signifies an +169.11% surge from the last price of $43.03.
Month Average Low High Change from today's price
January, 2030 $85.95 $82.80 $86.02 +99.74%
February, 2030 $88.87 $86.69 $88.92 +106.53%
March, 2030 $91.95 $89.61 $92.09 +113.70%
April, 2030 $97.13 $93.12 $97.37 +125.73%
May, 2030 $105.77 $97.03 $107.13 +145.80%
June, 2030 $103.85 $102.00 $110.16 +141.34%
July, 2030 $109.60 $103.04 $110.59 +154.71%
August, 2030 $118.17 $109.43 $119.81 +174.62%
September, 2030 $140.71 $118.74 $140.88 +227.00%
October, 2030 $137.97 $135.53 $147.72 +220.63%
November, 2030 $145.21 $134.46 $146.50 +237.47%
December, 2030 $145.77 $140.39 $148.79 +238.76%
$140.22
price up icon 0.37%
gambling LNW
$97.08
price down icon 0.88%
gambling IGT
$19.33
price up icon 0.57%
$6.73
price down icon 0.59%
gambling RSI
$14.21
price down icon 2.07%
Cap:     |  Volume (24h):