DraftKings Inc. (DKNG) Stock Forecast & Price Prediction 2025, 2030, 2040, and 2050
Stay updated on DraftKings Inc. (DKNG) stock with short-term forecast for year 2025 and long-term price prediction for 2025 - 2050. Access historical performance, see analyst ratings, and follow the latest DraftKings Inc. news and developments.
1 Month Prediction
$86.01 [118.90%]
3 Month Prediction
$84.21 [114.32%]
6 Month Prediction
$80.42 [104.68%]
1 Year Prediction
$89.04 [126.61%]
3 Year Prediction
$107.77 [174.29%]
5 Year Prediction
$127.36 [224.16%]
About DraftKings Inc.
DraftKings Inc. is an American digital sports entertainment and gaming company headquartered in Boston, Massachusetts. Founded in 2012 by Jason Robins, Matthew Kalish, and Paul Liberman, the company focuses on daily fantasy sports (DFS) contests, competing primarily with FanDuel. It offers products like online sports betting, online casino games, daily fantasy sports, and retail sportsbooks.
The company became public in April 2020 through a reverse merger with Diamond Eagle Acquisition Corp. and SBTech, a company that provides tech for sports betting.
DraftKings Inc. (DKNG) Historical Performance
IPO Date
DraftKings Inc. (NASDAQ:DKNG) went public on 24 April, 2020.
Change
Since inception, DKNG has increased by 298.88%. In the last 5 years, DKNG has risen from $16.02 to $39.29, a massive 145.26% increase since 2020.
Historical Highs and Lows
In the past 5 years, the stock reached a high of $61.53 and a low of $11.39.
52 Week Range
$28.69
$49.57
The current price $39.29 is not near the 52-week extremes, which means that the stock is neither overbought nor underbought.
DKNG Stock Price History
Based on DKNG stock's historical price data, this table shows how the stock has performed in the last 6 years. Since 2019, the DKNG stock has risen from $12.34 - $58.84 to $39.29 - $39.29, which is up 288.78%. Currently, the stock follows upward trend.
Here, we have calculated stock range of DKNG, indicating the highs and lows for each year, the average price based on the daily closing prices each year, and the change% from the average price.
| Year | Stock Price | Avg Price | Change% | Year Change |
|---|---|---|---|---|
| 2020 | $12.34 - $58.84 | $33.1 | 227.53 | 1 Year Change |
| 2021 | $27.47 - $61.53 | $50.03 | 395.05 | 2 Year Change |
| 2022 | $11.39 - $23.68 | $15.96 | 57.93 | 3 Year Change |
| 2023 | $14.99 - $38.24 | $26.42 | 161.43 | 4 Year Change |
| 2024 | $34.5 - $45.41 | $39.12 | 287.1 | 5 Year Change |
| 2025 | $39.29 - $39.29 | $39.29 | 288.78 | 6 Year Change |
DKNG Price Performance
6-Month Performance
DKNG stock jumped by 13.88% in the last six months.
1-Year Performance
The stock has trended downwards by 9.30% in the past year.
3-Year Performance
In the last 3 years, the stock has soared by 65.92%.
5-Year Performance
In the last 5 years, the stock has gone up by 145.26%.
According to DraftKings Inc.'s historical data, below graph gives us the exact picture of how the DKNG stock has performed year-over-year. Here, Each bar on the graph represents a particular year that illustrates how the stock's price changed from one year to the next.
YoY Performance
In the last five years, the stock has shown positive growth in 3 years and a decline in 2 years.
2020
335.14% ↑
2021
41.00% ↓
2022
58.54% ↓
2023
209.48% ↑
2024
5.53% ↑
NOTE: Green bars indicate that the stock has risen compared to the previous year, while red bars show that the stock has fallen.
DraftKings Inc. (DKNG) Financials & Stock Analysis
Total Revenue
Quarterly Revenue: $1.10 B (Q3)
Revenue for Q3 ending 30th September, 2024 decreased 0.81% compared to Q2 ending 30th June, 2024.
Annual Revenue: $4.61 B (1Y)
Revenue for trailing 12 months increased 25.66% year over year from 31st December, 2023.
If compared to the last 5 years, the revenue has gone up from $614.53 million to $4.61 billion, a 649.48% change.
Market Capitalization
DraftKings Inc. has a market capitalization of $19.16B, which places DKNG in the large-cap category.
Fundamental Analysis
EPS: $-0.60 (Q3), $-1.73 (1Y)
EPS decreased 561.54% since last quarter, and decreased 45.25% since last year.
Net Income: $-293.69 M (Q3), $-802.14 M (1Y)
Net Income decreased 560.17% since last quarter, and decreased 41.79% since last year.
Free Cash Flow: $101.77 M (Q3), $-115.14 M (1Y)
Free Cash Flow increased 2,181.84% since last quarter, and decreased 84.21% since last year.
Net Profit Margin: -26.81% (Q3), -17.42% (1Y)
Net Profit Margin decreased 563.93% since last quarter, and decreased 53.67% since last year.
Below, we have listed 12 key indicators for Fundamental analysis for DKNG stock. These indicators help you understand DraftKings Inc.'s financial health, earnings and growth potential, and make a decision if the stock is a good long-term investment or not.
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Technical Analysis
Here, we have listed 5 key indicators for Technical Analysis for DKNG stock. These indicators help investors study past price movements and trading volumes to forecast future price changes, and find the right time when to buy, sell or hold the stock.
| Technical Indicators | Value |
|---|---|
| SMA20 | $38.49 |
| SMA50 | $40.58 |
| SMA200 | $39.00 |
| RSI | 54.56 |
| Beta | 1.82 |
SMA20 < Current Price
This signals DKNG stock is in short-term bullish momentum.
SMA50 > Current Price
This signals DKNG stock is in mid-term bearish momentum.
SMA200 < Current Price
This signals DKNG stock is in long-term bullish momentum.
Sentiment Based on Technical Analysis
Based on 8 technical analysis indicators, the overall sentiment for DKNG stock is Neutral. Out of all indicators, 2 indicates bullish signals, 3 signals bearish trends and 4 gives neutral trends. The DKNG stock forecast was last updated on 19 January, 2025.
DraftKings Inc. (DKNG) Stock Price Prediction and Forecast
According to short-term forecast, the stock is expected to rise to $85.25 by the end of 2025, and can reach around $112.47 to $94.12 in 2026. And, the long-term forecast suggests that the stock may further jump to $95.99 - $118.98 in 2028, and $138.30 - $159.06 by 2031. So, the DKNG stock shows a strong upward trend in the next several years.
Short-term DKNG Stock Price Prediction & Forecast
| Date | Forecasted Price | Change% |
|---|---|---|
| 2025-02 | $86.01 | 118.91% |
| 2025-03 | $88.16 | 124.38% |
| 2025-04 | $84.21 | 114.33% |
| 2025-05 | $77.83 | 98.09% |
| 2025-06 | $81.14 | 106.52% |
| 2025-07 | $80.42 | 104.68% |
| 2025-08 | $83.40 | 112.27% |
| 2025-09 | $81.70 | 107.94% |
| 2025-10 | $78.60 | 100.05% |
| 2025-11 | $88.56 | 125.4% |
| 2025-12 | $85.25 | 116.98% |
In 2025, the DKNG stock price is expected to fluctuate between $77.83 and $88.56. According to the monthly forecast, the stock could rise to $85.25 by December 2024. If compared to the DKNG's current price, the stock could gain 116.98% by the end of this year.
Long-term DKNG Stock Price Prediction & Forecast
| Year | Year Start | Year Mid | Year End | Change% |
|---|---|---|---|---|
| 2026 | $112.47 | $87.20 | $94.12 | 139.55% |
| 2027 | $83.32 | $93.22 | $108.66 | 176.56% |
| 2028 | $95.99 | $95.63 | $118.98 | 202.83% |
| 2029 | $101.62 | $97.97 | $100.56 | 155.94% |
| 2030 | $127.59 | $92.70 | $121.75 | 209.88% |
| 2031 | $138.30 | $120.15 | $159.06 | 304.84% |
| 2032 | $123.19 | $145.43 | $134.86 | 243.24% |
| 2033 | $157.99 | $156.35 | $198.80 | 405.98% |
| 2034 | $191.43 | $141.33 | $147.64 | 275.77% |
| 2035 | $160.91 | $143.84 | $180.07 | 358.31% |
| 2036 | $179.50 | $171.22 | $165.55 | 321.35% |
| 2037 | $176.90 | $163.49 | $185.98 | 373.35% |
| 2038 | $187.65 | $228.61 | $208.50 | 430.67% |
| 2039 | $190.66 | $191.85 | $203.26 | 417.33% |
| 2040 | $220.71 | $185.80 | $207.65 | 428.51% |
| 2041 | $223.96 | $228.09 | $244.45 | 522.17% |
| 2042 | $259.28 | $239.51 | $215.66 | 448.89% |
| 2043 | $224.51 | $205.59 | $244.51 | 522.32% |
| 2044 | $266.89 | $235.70 | $309.59 | 687.96% |
| 2045 | $332.89 | $232.59 | $314.97 | 701.65% |
| 2046 | $319.56 | $245.47 | $249.17 | 534.18% |
| 2047 | $215.20 | $241.75 | $295.25 | 651.46% |
| 2048 | $243.54 | $305.88 | $339.96 | 765.26% |
| 2049 | $367.33 | $289.91 | $346.34 | 781.5% |
| 2050 | $312.21 | $388.44 | $284.88 | 625.07% |
| 2051 | $376.26 | $297.43 | $283.59 | 621.79% |
DraftKings Inc. (DKNG) Stock Price Prediction & Forecast 2025
At the start of 2025, the DKNG stock was at $39.29. Today, it is trading at $39.29, which is 0.00% increase from price at the beginning of the year. By the end of this year, you can expect the stock to reach to $85.25 by December 2025 with a 116.98% change.
DraftKings Inc. (DKNG) Stock Price Prediction & Forecast 2026 - 2030
In the next five years, there will be a significant appreciation in the DKNG stock. During this period, the DKNG's price is forecasted to shift from $112.47 to $121.75, which is 8.25% gain.
In 2026, the stock would possibly open at $112.47, descends to $87.20 by mid-year, and wraps up at $94.12, reflecting a 139.56% increase from today's price. Further moving to 2030, the stock can kick off the year at $127.59, drop to $92.70 by mid-year, and finish at $121.75, which is 209.88% change from current price.
DraftKings Inc. (DKNG) Stock Price Prediction & Forecast 2031 - 2040
During this period, the stock would move from $138.30 to $207.65, which is up 304.85%
In 2031, we can expect DKNG to fluctuate between $138.30 and $159.06, a shift indicating a 304.85% gain by year-end compared to current price. And Until 2040, DKNG can likely vary from $207.65 to $220.71. By the end of 2040, the stock could record a 428.49% rise from today's stock price.
DraftKings Inc. (DKNG) Stock Price Prediction & Forecast 2041 - 2050
According to long-term forecast, the DKNG stock can see an an upturn from $223.96 to $284.88 in this period. In 2041, the stock can experience a high of $228.09 by mid-year, closing the year at $244.45. This results in a 480.53% increase from today.
Moving towards the end of 2050, DKNG is projected to open the year at $312.21. The stock may peak to $388.44 during mid-year and finish the year at $284.88. Compared to the stock's current price, this translates to an overall gain of 625.07% by 2050.
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DKNG : Buy, Sell Or Hold?
Analyst Ratings
Based on 34 analysts, 8 rated as a strong buy, 19 recommended a buy, 7 suggested a hold, 0 advised a sell, and 0 indicated a strong sell.Three months ago, out of 37 analysts, 10 analysts gave a strong buy rating, 21 a buy rating, 6 a hold rating, 0 advised selling, and 0 suggested a strong sell.So, according to analyst ratings, the recommendation for DKNG stock is Buy.
Expert Analysis
According to DKNG short-term and long-term forecast, DraftKings Inc. shares are projected to go up by 625.07%, and reach a value of $284.88 per share by 2050.
As per technical analysis, indicators show a Neutral sentiment, while Fear & Greed Index stands at 85.71428571428571, which signals Greed. Also, DKNG has recorded 9/30 green days, which reflects a 45.0% positivity rate with a price volatility of 0.02%.
Plus, Price-to-Earnings (P/E) ratio of 0 suggests that DKNG stock is undervalued. So, Based on DKNG prediction and analysis, it may be the best time to hold DKNG stock right now.
Disclaimer: Stock predictions, forecasts and price targets provided for "DKNG” are solely for informational and educational purposes and should not be treated as investment or financial advice. Always conduct your own research or consider consulting with a financial advisor before making any investment decisions.