DraftKings (DKNG) – Analysts’ Weekly Ratings Updates

DraftKings (NASDAQ: DKNG) has recently received a number of price target changes and ratings updates:

• 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 Inc. 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 Corporation 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 Inc..
• 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 AG 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 Inc..
• 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.
• 8/21/2026 – DraftKings was downgraded by Weiss Ratings from “sell (d)” to “sell (e+)”.

Insider Buying and Selling

In other DraftKings news, Director Jocelyn Moore sold 10,759 shares of DraftKings stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $24.05, for a total transaction of $258,753.95. Following the completion of the transaction, the director owned 1,881 shares in the company, valued at approximately $45,238.05. The trade was a 85.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible 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 provides online sports betting, daily fantasy sports and internet-based casino gaming. Its products are delivered through mobile applications and websites, allowing customers to wager on professional and collegiate sports, participate in fantasy contests and play a range of casino games where permitted by law.

The company also offers sports and betting-related content through DraftKings Network and operates additional gaming and entertainment products, including online lottery services in select markets.