DraftKings (DKNG) – Investment Analysts’ Weekly Ratings Changes

DraftKings (NASDAQ: DKNG) recently received a number of ratings updates from brokerages and research firms:

• 10/29/2026 – DraftKings had its price target raised by BTIG Research from $25.00 to $26.00. They now have a “buy” rating on the stock.
• 10/26/2026 – DraftKings had its price target lowered by Stifel Nicolaus from $36.00 to $32.00. They now have a “buy” rating on the stock.
• 10/23/2026 – DraftKings had its price target lowered by Canaccord Genuity Group from $44.00 to $40.00. They now have a “buy” rating on the stock.
• 10/22/2026 – DraftKings had its “neutral” rating reaffirmed by Moffett Nathanson. They now have a $22.00 price target on the stock.
• 10/20/2026 – DraftKings had its price target lowered by JPMorgan Chase & Co. from $33.00 to $30.00. They now have an “overweight” rating on the stock.
• 10/20/2026 – DraftKings had its price target lowered by Truist Financial from $29.00 to $26.00. They now have a “buy” rating on the stock.
• 10/19/2026 – DraftKings had its price target raised by Wells Fargo & Company from $29.00 to $30.00. They now have an “overweight” rating on the stock.
• 10/19/2026 – DraftKings had its price target lowered by Morgan Stanley from $36.00 to $31.00. They now have an “overweight” rating on the stock.
• 10/13/2026 – DraftKings was downgraded by Zacks Research from “hold” to “strong sell”.
• 10/12/2026 – DraftKings had its price target lowered by Citigroup from $32.00 to $28.00. They now have a “buy” rating on the stock.
• 10/8/2026 – DraftKings had its price target lowered by Susquehanna from $33.00 to $27.00. They now have a “positive” rating on the stock.
• 10/7/2026 – DraftKings had its price target lowered by Guggenheim from $33.00 to $30.00. They now have a “buy” rating on the stock.
• 10/7/2026 – DraftKings had its price target lowered by Guggenheim from $33.00 to $30.00. They now have a “buy” rating on the stock.
• 10/5/2026 – DraftKings was upgraded by Bank of America from “neutral” to “buy”. They now have a $27.00 price target on the stock.
• 10/1/2026 – DraftKings had its price target lowered by BTIG Research from $30.00 to $25.00. They now have a “buy” rating on the stock.
• 9/28/2026 – DraftKings had its “market outperform” rating reaffirmed by Citigroup.
• 9/24/2026 – DraftKings had its price target lowered by Citizens Jmp from $37.00 to $35.00. They now have a “market outperform” rating on the stock.
• 9/18/2026 – DraftKings had its price target lowered by UBS Group from $49.00 to $48.00. They now have a “buy” rating on the stock.
• 9/18/2026 – DraftKings had its “buy” rating reaffirmed by Needham & Company LLC. They now have a $35.00 price target on the stock.
• 9/8/2026 – DraftKings had its “market outperform” rating reaffirmed by Citigroup.
• 9/8/2026 – DraftKings had its price target raised by Citizens Jmp from $36.00 to $37.00. They now have a “market outperform” rating on the stock.
• 9/3/2026 – DraftKings had its price target raised by Sanford C. Bernstein from $27.00 to $29.00. They now have an “outperform” rating on the stock.
• 9/2/2026 – DraftKings is now covered by Wolfe Research. They set an “outperform” rating and a $40.00 price target on the stock.
• 9/2/2026 – DraftKings is now covered by Wolfe Research. They set an “outperform” rating and a $40.00 price target on the stock.

Insider Activity at DraftKings

In related news, Director Jocelyn Moore sold 10,759 shares of the business’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $24.05, for a total value of $258,753.95. Following the completion of the transaction, the director owned 1,881 shares of the company’s stock, valued at $45,238.05. The trade was a 85.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 47.18% of the company’s stock.

DraftKings Inc is a digital sports entertainment and gaming company that operates online and mobile platforms for sports betting, casino gaming and daily fantasy sports. Its offerings include the DraftKings Sportsbook, DraftKings Casino and daily fantasy contests covering a range of professional and collegiate sports.

The company also provides related entertainment and media content through DraftKings Network, along with free-to-play games, promotions and other interactive products designed to complement its sports and gaming platforms.