A share price of DraftKings Inc [DKNG] is currently trading at $34.67, up 3.25%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The DKNG shares have gain 4.15% over the last week, with a monthly amount glided 5.44%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
DraftKings Inc [NASDAQ: DKNG] stock has seen the most recent analyst activity on April 22, 2025, when BTIG Research reiterated its Buy rating and also revised its price target to $52 from $64. Previously, Susquehanna reaffirmed its Positive rating on January 08, 2025, and dropped its price target to $54. On October 18, 2024, Mizuho reiterated its Outperform rating and revised its price target to $62 on the stock. Susquehanna reiterated its Positive rating and increased its price target to $50 on October 07, 2024. Exane BNP Paribas upgraded its rating to a Neutral but $35 remained the price target by the analyst firm on September 10, 2024. UBS reiterated a Buy rating for this stock on September 04, 2024, and upped its price target to $58. In a note dated September 04, 2024, Susquehanna reiterated an Positive rating on this stock and boosted its target price from $47 to $48.
DraftKings Inc experienced fluctuations in its stock price throughout the past year between $28.69 and $53.61. Currently, Wall Street analysts expect the stock to reach $54.92 within the next 12 months. DraftKings Inc [NASDAQ: DKNG] shares were valued at $34.67 at the most recent close of the market. An investor can expect a potential return of 58.41% based on the average DKNG price forecast.
Analyzing the DKNG fundamentals
Trailing Twelve Months sales for DraftKings Inc [NASDAQ:DKNG] were 4.77B which represents 13.15% growth. Gross Profit Margin for this corporation currently stands at 0.38% with Operating Profit Margin at -0.13%, Pretax Profit Margin comes in at -0.12%, and Net Profit Margin reading is -0.11%. To continue investigating profitability, this company’s Return on Assets is posted at -0.12, Equity is -0.48 and Total Capital is -0.23. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.32.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 33.86 points at the first support level, and at 33.06 for the second support level. However, for the 1st resistance point, the stock is sitting at 35.09, and for the 2nd resistance point, it is at 35.52.
Ratios To Look Out For
To put it in perspective, the Current Ratio for DraftKings Inc [NASDAQ:DKNG] is 0.93. Further, the Quick Ratio stands at 0.93, while the Cash Ratio is 0.48. Considering the valuation of this stock, the price to sales ratio is 6.49, the price to book ratio is 16.78.
Transactions by insiders
Recent insider trading involved Dodge R Stanton, Chief Legal Officer, that happened on May 05 ’25 when 52777.0 shares were sold. Officer, Dodge R Stanton completed a deal on May 05 ’25 to buy 52777.0 shares. Meanwhile, Chief Legal Officer Dodge R Stanton sold 52777.0 shares on Apr 21 ’25.
