Analysts’ Recent Ratings Changes for DraftKings (DKNG)

DraftKings (NASDAQ: DKNG) has recently received a number of price target changes and ratings updates:

• 8/11/2026 – DraftKings had its price target raised by Citigroup Inc. from $30.00 to $32.00. They now have a “buy” rating on the stock.
• 8/10/2026 – DraftKings was given a new $29.00 price target by Truist Financial Corporation.
• 8/10/2026 – DraftKings was given a new $28.00 price target by Northland Securities.
• 8/10/2026 – DraftKings had its price target lowered by Guggenheim from $35.00 to $33.00. They now have a “buy” rating on the stock.
• 8/10/2026 – DraftKings had its price target lowered by Barclays PLC from $35.00 to $34.00. They now have an “overweight” rating on the stock.
• 8/10/2026 – DraftKings had its price target lowered by JPMorgan Chase & Co. from $34.00 to $33.00. They now have an “overweight” rating on the stock.
• 8/7/2026 – DraftKings had its “sell (d)” rating reaffirmed by Weiss Ratings.
• 8/7/2026 – DraftKings had its price target raised by Benchmark Co. from $29.00 to $30.00. They now have a “buy” rating on the stock.
• 8/6/2026 – DraftKings was given a new $27.00 price target by Sanford C. Bernstein.
• 7/23/2026 – DraftKings had its price target lowered by Morgan Stanley from $39.00 to $36.00. They now have an “overweight” rating on the stock.
• 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 lowered by Moffett Nathanson from $27.00 to $25.00.
• 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.

Insiders Place Their Bets

In other DraftKings news, insider R Stanton Dodge sold 62,500 shares of DraftKings stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $29.68, for a total transaction of $1,855,000.00. Following the completion of the sale, the insider owned 556,258 shares of the company’s stock, valued at $16,509,737.44. The trade was a 10.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Woodrow Levin sold 34,234 shares of the company’s stock in a transaction dated 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 transaction, the director owned 29,820 shares of the company’s stock, valued at $766,672.20. The trade was a 53.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 97,596 shares of company stock worth $2,756,991. 47.18% of the stock is owned by 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.