DraftKings (DKNG) – Analysts’ Recent Ratings Updates

Several brokerages have updated their recommendations and price targets on shares of DraftKings (NASDAQ: DKNG) in the last few weeks:

• 6/24/2026 – DraftKings had its “buy” rating reaffirmed by Guggenheim. They now have a $35.00 price target on the stock.
• 6/22/2026 – DraftKings had its “buy” rating reaffirmed by Benchmark Co..
• 6/22/2026 – DraftKings had its “market outperform” rating reaffirmed by Citigroup Inc..
• 6/22/2026 – DraftKings had its “market outperform” rating reaffirmed by Citizens Jmp. They now have a $34.00 price target on the stock.
• 6/11/2026 – DraftKings had its “outperform” rating reaffirmed by Sanford C. Bernstein.
• 6/10/2026 – DraftKings had its “buy” rating reaffirmed by Jefferies Financial Group Inc..
• 6/8/2026 – DraftKings had its “buy” rating reaffirmed by TD Cowen. They now have a $30.00 price target on the stock.
• 6/5/2026 – DraftKings had its price target raised by UBS Group AG from $43.00 to $49.00. They now have a “buy” rating on the stock.
• 6/1/2026 – DraftKings was given a new $29.00 price target by New Street Research.
• 6/1/2026 – DraftKings had its “buy” rating reaffirmed by Benchmark Co..
• 6/1/2026 – DraftKings had its “market outperform” rating reaffirmed by Citigroup Inc..
• 5/21/2026 – DraftKings had its “overweight” rating reaffirmed by Morgan Stanley.
• 5/20/2026 – DraftKings had its “buy” rating reaffirmed by UBS Group AG. They now have a $43.00 price target on the stock.
• 5/20/2026 – DraftKings was upgraded by Zacks Research from “strong sell” to “hold”.
• 5/20/2026 – DraftKings was upgraded by Freedom Capital to “strong-buy”.
• 5/14/2026 – DraftKings had its price target lowered by Morgan Stanley from $40.00 to $39.00. They now have an “overweight” rating on the stock.
• 5/14/2026 – DraftKings is now covered by BNP Paribas Exane. They set an “underperform” rating and a $20.00 price target on the stock.
• 5/14/2026 – DraftKings was upgraded by BNP Paribas Exane to “strong sell”.
• 5/12/2026 – DraftKings had its price target raised by Citigroup Inc. from $29.00 to $30.00. They now have a “buy” rating on the stock.
• 5/12/2026 – DraftKings had its price target raised by Mizuho from $44.00 to $45.00. They now have an “outperform” rating on the stock.
• 5/11/2026 – DraftKings was downgraded by Weiss Ratings from “sell (d+)” to “sell (d)”.
• 5/11/2026 – DraftKings was given a new $27.00 price target by Northland Securities.
• 5/11/2026 – DraftKings had its price target lowered by Guggenheim from $37.00 to $35.00. They now have a “buy” rating on the stock.
• 5/11/2026 – DraftKings had its price target raised by Barclays PLC from $33.00 to $35.00. They now have an “overweight” rating on the stock.
• 5/11/2026 – DraftKings had its “buy” rating reaffirmed by Needham & Company LLC. They now have a $35.00 price target on the stock.
• 5/10/2026 – DraftKings had its “overweight” rating reaffirmed by Wells Fargo & Company. They now have a $32.00 price target on the stock.
• 5/8/2026 – DraftKings had its price target raised by BTIG Research from $28.00 to $30.00. They now have a “buy” rating on the stock.

Insider Activity

In other DraftKings news, Director Woodrow Levin sold 34,234 shares of the business’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $25.71, for a total transaction of $880,156.14. Following the transaction, the director owned 29,820 shares in the company, valued at $766,672.20. The trade was a 53.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider R Stanton Dodge sold 62,500 shares of the company’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $29.68, for a total transaction of $1,855,000.00. Following the transaction, the insider owned 556,258 shares in the company, valued at $16,509,737.44. The trade was a 10.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 97,596 shares of company stock valued at $2,756,991. 47.18% of the stock is currently owned by company insiders.

DraftKings Inc is a leading digital sports entertainment and gaming company specializing in daily fantasy sports, sports betting and iGaming products. The company provides an integrated platform where users can participate in daily fantasy contests, place wagers on professional sports events, and enjoy a range of online casino-style games. DraftKings’ proprietary technology supports real-time odds, live scoring and advanced analytics to enhance the user experience across mobile and desktop applications.

Founded in 2012 by co-founders Jason Robins, Matthew Kalish and Paul Liberman, DraftKings began as a daily fantasy sports provider and rapidly expanded into regulated sports betting following legislative changes in the United States.