Weekly Research Analysts’ Ratings Updates for DraftKings (DKNG)

Several analysts have recently updated their ratings and price targets for DraftKings (NASDAQ: DKNG):

• 7/22/2026 – DraftKings had its price target lowered by Stifel Nicolaus from $40.00 to $38.00. They now have a “buy” rating on the stock.
• 7/20/2026 – DraftKings had its “buy” rating reaffirmed by Benchmark Co..
• 7/20/2026 – DraftKings had its price target lowered by Truist Financial Corporation from $30.00 to $29.00. They now have a “buy” rating on the stock.
• 7/20/2026 – DraftKings had its price target lowered by Wells Fargo & Company from $32.00 to $29.00. They now have an “overweight” rating on the stock.
• 7/15/2026 – DraftKings had its price target raised by JPMorgan Chase & Co. from $31.00 to $34.00. They now have an “overweight” rating on the stock.
• 7/10/2026 – DraftKings had its price target raised by TD Cowen from $30.00 to $35.00. They now have a “buy” rating on the stock.
• 7/9/2026 – DraftKings had its price target raised by Deutsche Bank Aktiengesellschaft from $26.00 to $28.00. They now have a “hold” rating on the stock.
• 7/1/2026 – DraftKings had its price target lowered by Susquehanna from $32.00 to $31.00. They now have a “positive” rating on the stock.
• 6/25/2026 – DraftKings had its price target raised by Citizens Jmp from $34.00 to $36.00. They now have a “market outperform” rating on the stock.
• 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..

Insider Activity at DraftKings

In other DraftKings news, insider R Stanton Dodge sold 62,500 shares of the business’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $29.68, for a total value of $1,855,000.00. Following the sale, the insider directly owned 556,258 shares of the company’s stock, valued at approximately $16,509,737.44. The trade was a 10.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Woodrow Levin sold 34,234 shares of the stock in a transaction on Monday, May 18th. The stock was sold at an average price of $25.71, for a total value of $880,156.14. Following the completion of the sale, the director directly owned 29,820 shares in the company, valued at approximately $766,672.20. This represents a 53.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 97,596 shares of company stock worth $2,756,991 in the last 90 days. 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.