DraftKings Inc [DKNG] stock is trading at $37.86, up 3.73%. 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 4.59% over the last week, with a monthly amount glided 3.41%, 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 June 04, 2025, when Bernstein initiated its Outperform rating and assigned the stock a price target of $46. Previously, BTIG Research reaffirmed its Buy rating on April 22, 2025, and dropped its price target to $52. On January 08, 2025, Susquehanna reiterated its Positive rating and revised its price target to $54 on the stock. Mizuho reiterated its Outperform rating and increased its price target to $62 on October 18, 2024. Susquehanna reiterated its recommendation of a Positive and raised its price target to $50 on October 07, 2024. Exane BNP Paribas upgraded its rating to Neutral for this stock on September 10, 2024, but kept the price target unchanged to $35. In a note dated September 04, 2024, UBS reiterated an Buy rating on this stock and boosted its target price from $56 to $58.
DraftKings Inc [DKNG] stock has fluctuated between $28.69 and $53.61 over the past year. Currently, Wall Street analysts expect the stock to reach $57.09 within the next 12 months. DraftKings Inc [NASDAQ: DKNG] shares were valued at $37.86 at the most recent close of the market. An investor can expect a potential return of 50.79% based on the average DKNG price forecast.
Analyzing the DKNG fundamentals
DraftKings Inc [NASDAQ:DKNG] reported sales of 5.00B for the trailing twelve months, which represents a growth of 19.90%. Gross Profit Margin for this corporation currently stands at 0.38% with Operating Profit Margin at -0.1%, Pretax Profit Margin comes in at -0.1%, and Net Profit Margin reading is -0.08%. To continue investigating profitability, this company’s Return on Assets is posted at -0.09, Equity is -0.37 and Total Capital is -0.17. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.2.
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 37.18 points at the first support level, and at 36.50 for the second support level. However, for the 1st resistance point, the stock is sitting at 38.24, and for the 2nd resistance point, it is at 38.62.
Ratios To Look Out For
For context, DraftKings Inc’s Current Ratio is 1.20. Further, the Quick Ratio stands at 1.20, while the Cash Ratio is 0.75. Considering the valuation of this stock, the price to sales ratio is 6.73, the price to book ratio is 21.53.
Transactions by insiders
Recent insider trading involved Dodge R Stanton, Chief Legal Officer, that happened on Jun 02 ’25 when 52777.0 shares were sold. Director, Moore Jocelyn completed a deal on May 30 ’25 to sell 3136.0 shares. Meanwhile, Officer Dodge R Stanton bought 52777.0 shares on Jun 02 ’25.
