DraftKings (NASDAQ: DKNG) has recently received a number of price target changes and ratings updates:
- 8/11/2026 – DraftKings had its price target raised by Citigroup Inc. from $30.00 to $32.00. They now have a “buy” rating on the stock.
- 8/10/2026 – DraftKings was given a new $29.00 price target by Truist Financial Corporation.
- 8/10/2026 – DraftKings was given a new $28.00 price target by Northland Securities.
- 8/10/2026 – DraftKings had its price target lowered by Guggenheim from $35.00 to $33.00. They now have a “buy” rating on the stock.
- 8/10/2026 – DraftKings had its price target lowered by Barclays PLC from $35.00 to $34.00. They now have an “overweight” rating on the stock.
- 8/10/2026 – DraftKings had its price target lowered by JPMorgan Chase & Co. from $34.00 to $33.00. They now have an “overweight” rating on the stock.
- 8/7/2026 – DraftKings had its “sell (d)” rating reaffirmed by Weiss Ratings.
- 8/7/2026 – DraftKings had its price target raised by Benchmark Co. from $29.00 to $30.00. They now have a “buy” rating on the stock.
- 8/6/2026 – DraftKings was given a new $27.00 price target by Sanford C. Bernstein.
- 7/23/2026 – DraftKings had its price target lowered by Morgan Stanley from $39.00 to $36.00. They now have an “overweight” rating on the stock.
- 7/22/2026 – DraftKings had its price target lowered by Stifel Nicolaus from $40.00 to $38.00. They now have a “buy” rating on the stock.
- 7/20/2026 – DraftKings had its “buy” rating reaffirmed by Benchmark Co..
- 7/20/2026 – DraftKings had its price target lowered by Truist Financial Corporation from $30.00 to $29.00. They now have a “buy” rating on the stock.
- 7/20/2026 – DraftKings had its price target lowered by Wells Fargo & Company from $32.00 to $29.00. They now have an “overweight” rating on the stock.
- 7/15/2026 – DraftKings had its price target lowered by Moffett Nathanson from $27.00 to $25.00.
- 7/15/2026 – DraftKings had its price target raised by JPMorgan Chase & Co. from $31.00 to $34.00. They now have an “overweight” rating on the stock.
- 7/10/2026 – DraftKings had its price target raised by TD Cowen from $30.00 to $35.00. They now have a “buy” rating on the stock.
- 7/9/2026 – DraftKings had its price target raised by Deutsche Bank Aktiengesellschaft from $26.00 to $28.00. They now have a “hold” rating on the stock.
- 7/1/2026 – DraftKings had its price target lowered by Susquehanna from $32.00 to $31.00. They now have a “positive” rating on the stock.
- 6/25/2026 – DraftKings had its price target raised by Citizens Jmp from $34.00 to $36.00. They now have a “market outperform” rating on the stock.
- 6/24/2026 – DraftKings had its “buy” rating reaffirmed by Guggenheim. They now have a $35.00 price target on the stock.
- 6/22/2026 – DraftKings had its “buy” rating reaffirmed by Benchmark Co..
- 6/22/2026 – DraftKings had its “market outperform” rating reaffirmed by Citigroup Inc..
- 6/22/2026 – DraftKings had its “market outperform” rating reaffirmed by Citizens Jmp. They now have a $34.00 price target on the stock.
Insiders Place Their Bets
In other DraftKings news, insider R Stanton Dodge sold 62,500 shares of DraftKings stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $29.68, for a total transaction of $1,855,000.00. Following the completion of the sale, the insider owned 556,258 shares of the company’s stock, valued at $16,509,737.44. The trade was a 10.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Woodrow Levin sold 34,234 shares of the company’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $25.71, for a total value of $880,156.14. Following the completion of the transaction, the director owned 29,820 shares of the company’s stock, valued at $766,672.20. The trade was a 53.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 97,596 shares of company stock worth $2,756,991. 47.18% of the stock is owned by insiders.
Founded in 2012 by co-founders Jason Robins, Matthew Kalish and Paul Liberman, DraftKings began as a daily fantasy sports provider and rapidly expanded into regulated sports betting following legislative changes in the United States.
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