There is no shortage of investors who are bullish on DraftKings Inc (DKNG) stock

Nora Barnes

At the time of writing, DraftKings Inc [DKNG] stock is trading at $30.5, down -0.15%. 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 6.59% over the last week, with a monthly amount drifted -9.19%, and not 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 November 10, 2025, when Northland Capital upgraded its rating to a Market Perform. Previously, BofA Securities downgraded its rating to Neutral on November 04, 2025, and kept the price target unchanged to $35. On October 09, 2025, upgrade upgraded it’s rating to Buy but maintained its price target of $43 on the stock. Mizuho reiterated its Outperform rating and decreased its price target to $54 on October 07, 2025. Jefferies reiterated its recommendation of a Buy and reduced its price target to $51 on October 06, 2025. Northland Capital downgraded its rating to Under Perform for this stock on October 01, 2025, but kept the price target unchanged to $33. In a note dated July 01, 2025, Citigroup reiterated a Buy rating on this stock and boosted its target price from $55 to $58.

For the past year, the stock price of DraftKings Inc fluctuated between $26.23 and $53.61. Currently, Wall Street analysts expect the stock to reach $49.45 within the next 12 months. DraftKings Inc [NASDAQ: DKNG] shares were valued at $30.5 at the most recent close of the market. An investor can expect a potential return of 62.13% based on the average DKNG price forecast.

Analyzing the DKNG fundamentals

According to DraftKings Inc [NASDAQ:DKNG], the company’s sales were 5.46B for trailing twelve months, which represents an 4.43% jump. Gross Profit Margin for this corporation currently stands at 0.39% with Operating Profit Margin at -0.06%, Pretax Profit Margin comes in at -0.05%, and Net Profit Margin reading is -0.05%. To continue investigating profitability, this company’s Return on Assets is posted at -0.06, Equity is -0.3 and Total Capital is -0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.81.

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 30.04 points at the first support level, and at 29.58 for the second support level. However, for the 1st resistance point, the stock is sitting at 30.84, and for the 2nd resistance point, it is at 31.19.

Ratios To Look Out For

It is important to note that DraftKings Inc [NASDAQ:DKNG] has a current ratio of 1.09. Further, the Quick Ratio stands at 1.09, while the Cash Ratio is 0.69. Considering the valuation of this stock, the price to sales ratio is 4.98, the price to book ratio is 20.68.

Transactions by insiders

Recent insider trading involved Dodge R Stanton, Chief Legal Officer, that happened on Nov 06 ’25 when 52777.0 shares were sold. Officer, Dodge R Stanton completed a deal on Nov 06 ’25 to buy 52777.0 shares. Meanwhile, Director Woodrow Levin bought 12500.0 shares on Oct 30 ’25.

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