DraftKings Inc [NASDAQ: DKNG] gained 1.88% or 0.81 points to close at $43.79 with a heavy trading volume of 8371602 shares.
It opened the trading session at $42.95, the shares rose to $43.91 and dropped to $42.56, the range by which the price of stock traded the whole day. The daily chart for DKNG points out that the company has recorded 14.19% gains over the past six months.
If we look at the average trading volume of 9.98M shares, DKNG reached to a volume of 8371602 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about 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 $52.77 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 24.90, 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 108.37 with Quick ratio for the last quarter at 1.20.
Trading performance analysis for DKNG stock
DraftKings Inc [DKNG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 7.91. With this latest performance, DKNG shares gained by 15.60% in over the last four-week period, additionally plugging by 14.19% over the last 6 months – not to mention a rise of 17.72% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DKNG stock in for the last two-week period is set at 63.95, with the RSI for the last a single of trading hit 1.52, and the three-weeks RSI is set at 1.50 for DraftKings Inc [DKNG]. The present Moving Average for the last 50 days of trading for this stock 38.01, while it was recorded at 43.30 for the last single week of trading, and 39.05 for the last 200 days.
DraftKings Inc [DKNG]: A deeper dive into fundamental analysis
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%.
An analysis of Institutional ownership at DraftKings Inc [DKNG]
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%.
