Recent Research Analysts’ Ratings Changes for DraftKings (DKNG)

Several brokerages have updated their recommendations and price targets on shares of DraftKings (NASDAQ: DKNG) in the last few weeks:

• 4/24/2026 – DraftKings is now covered by Stephens. They set an “overweight” rating on the stock.
• 4/24/2026 – DraftKings was upgraded by Scotiabank to “outperform”.
• 4/24/2026 – DraftKings was upgraded by Raymond James Financial, Inc. from “market perform” to “outperform”.
• 4/24/2026 – DraftKings was downgraded by Deutsche Bank Aktiengesellschaft from “hold” to “hold”.
• 4/24/2026 – DraftKings was downgraded by Jefferies Financial Group Inc. from “buy” to “hold”.
• 4/24/2026 – DraftKings was upgraded by Roth Mkm from “sell” to “buy”.
• 4/24/2026 – DraftKings was upgraded by HSBC Holdings plc from “hold” to “hold”.
• 4/24/2026 – DraftKings is now covered by Guggenheim. They set a “buy” rating on the stock.
• 4/24/2026 – DraftKings is now covered by Wedbush. They set an “outperform” rating on the stock.
• 4/24/2026 – DraftKings was downgraded by Moffett Nathanson from “buy” to “neutral”. They now have a $27.00 price target on the stock, down from $38.00.
• 4/21/2026 – DraftKings had its price target lowered by Truist Financial Corporation from $33.00 to $30.00. They now have a “buy” rating on the stock.
• 4/16/2026 – DraftKings had its price target lowered by Barclays PLC from $37.00 to $33.00. They now have an “overweight” rating on the stock.
• 4/16/2026 – DraftKings had its price target lowered by Citigroup Inc. from $32.00 to $29.00. They now have a “buy” rating on the stock.
• 4/16/2026 – DraftKings had its price target lowered by JPMorgan Chase & Co. from $32.00 to $31.00. They now have an “overweight” rating on the stock.
• 4/7/2026 – DraftKings had its price target raised by Wells Fargo & Company from $30.00 to $31.00. They now have an “overweight” rating on the stock.
• 4/1/2026 – DraftKings had its price target lowered by Citizens Jmp from $38.00 to $34.00. They now have a “market outperform” rating on the stock.
• 3/31/2026 – DraftKings had its price target lowered by Susquehanna from $33.00 to $32.00. They now have a “positive” rating on the stock.
• 3/23/2026 – DraftKings had its “buy” rating reaffirmed by BTIG Research. They now have a $35.00 price target on the stock.
• 3/17/2026 – DraftKings was downgraded by Argus from “buy” to “hold”.
• 3/16/2026 – DraftKings had its price target lowered by UBS Group AG from $53.00 to $43.00. They now have a “buy” rating on the stock.
• 3/5/2026 – DraftKings had its “outperform” rating reaffirmed by Sanford C. Bernstein. They now have a $30.00 price target on the stock.
• 3/3/2026 – DraftKings had its “buy” rating reaffirmed by Benchmark Co..
• 3/3/2026 – DraftKings had its “overweight” rating reaffirmed by Wells Fargo & Company.
• 3/3/2026 – DraftKings had its “buy” rating reaffirmed by Needham & Company LLC. They now have a $35.00 price target on the stock.
• 3/3/2026 – DraftKings was given a new $46.00 price target by Jefferies Financial Group Inc..
• 3/3/2026 – DraftKings had its “overweight” rating reaffirmed by Barclays PLC.
• 3/3/2026 – DraftKings was given a new $35.00 price target by BTIG Research.
• 3/3/2026 – DraftKings was given a new $50.00 price target by Wells Fargo & Company.
• 3/3/2026 – DraftKings had its price target raised by BMO Capital Markets from $42.00 to $50.00. They now have an “outperform” rating on the stock.
• 3/3/2026 – DraftKings had its “market outperform” rating reaffirmed by Citizens Jmp. They now have a $38.00 price target on the stock.

Insider Activity at DraftKings

In other news, Director Jocelyn Moore sold 2,150 shares of the stock in a transaction dated Friday, March 13th. The shares were sold at an average price of $25.60, for a total transaction of $55,040.00. Following the transaction, the director owned 1,406 shares of the company’s stock, valued at $35,993.60. This represents a 60.46% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Erik Bradbury sold 7,268 shares of the stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $22.50, for a total transaction of $163,530.00. Following the transaction, the chief accounting officer directly owned 36,736 shares in the company, valued at $826,560. This trade represents a 16.52% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 496,718 shares of company stock worth $12,477,308 over the last quarter. Company insiders own 47.18% of the company’s stock.

DraftKings Inc is a leading digital sports entertainment and gaming company specializing in daily fantasy sports, sports betting and iGaming products. The company provides an integrated platform where users can participate in daily fantasy contests, place wagers on professional sports events, and enjoy a range of online casino-style games. DraftKings’ proprietary technology supports real-time odds, live scoring and advanced analytics to enhance the user experience across mobile and desktop applications.

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.