DraftKings Inc [NASDAQ: DKNG] stock went on a downward path that fall over -0.47% on Monday, amounting to a one-week price decrease of less than -5.39%.
Over the last 12 months, DKNG stock rose by 9.09%. The one-year DraftKings Inc stock forecast points to a potential upside of 23.36. The average equity rating for DKNG stock is currently 1.32, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $36.09 billion, with 496.34 million shares outstanding and 477.81 million shares in the current float. Compared to the average trading volume of 10.64M shares, DKNG stock reached a trading volume of 8146229 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on DraftKings Inc [DKNG]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DKNG shares is $52.95 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DKNG stock is a recommendation set at 1.32. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Citigroup have made an estimate for DraftKings Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on July 01, 2025. While these analysts kept the previous recommendation, JP Morgan raised their target price to Overweight. The new note on the price target was released on June 23, 2025, representing the official price target for DraftKings Inc stock. Previously, the target price had yet another raise to $46, while Bernstein analysts kept a Outperform rating on DKNG stock. On April 22, 2025, analysts decreased their price target for DKNG shares from 64 to 52.
The Price to Book ratio for the last quarter was 23.07, with the Price to Cash per share for the same quarter was set at 1.28. Price to Free Cash Flow for DKNG in the course of the last twelve months was 100.43 with Quick ratio for the last quarter at 1.20.
DKNG Stock Performance Analysis:
DraftKings Inc [DKNG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.39. With this latest performance, DKNG shares gained by 16.48% in over the last four-week period, additionally plugging by 9.09% over the last 6 months – not to mention a rise of 9.09% in the past year of trading.
Insight into DraftKings Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and DraftKings Inc [DKNG] shares currently have an operating margin of -9.47% and a Gross Margin at 38.33%. DraftKings Inc’s Net Margin is presently recorded at -7.97%.
Return on Equity for this stock declined to -9.59%, with Return on Assets sitting at -9.59%.
DraftKings Inc [DKNG] Institutonal Ownership Details
There are presently around $84.20%, or 86.32% of DKNG stock, in the hands of institutional investors. The top three institutional holders of DKNG stocks are: VANGUARD GROUP INC with ownership of 40.82 million shares, which is approximately 8.5154%. BLACKROCK INC., holding 30.84 million shares of the stock with an approximate value of $$1.18 billion in DKNG stocks shares; and BLACKROCK INC., currently with $$884.71 million in DKNG stock with ownership which is approximately 4.8358%.
