Research Analysts’ Weekly Ratings Updates for DraftKings (DKNG)

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

• 6/5/2026 – DraftKings had its price target raised by UBS Group AG from $43.00 to $49.00. They now have a “buy” rating on the stock.
• 6/1/2026 – DraftKings was given a new $29.00 price target by New Street Research.
• 6/1/2026 – DraftKings had its “buy” rating reaffirmed by Benchmark Co..
• 6/1/2026 – DraftKings had its “market outperform” rating reaffirmed by Citigroup Inc..
• 5/21/2026 – DraftKings had its “overweight” rating reaffirmed by Morgan Stanley.
• 5/20/2026 – DraftKings had its “buy” rating reaffirmed by UBS Group AG. They now have a $43.00 price target on the stock.
• 5/20/2026 – DraftKings was upgraded by Zacks Research from “strong sell” to “hold”.
• 5/20/2026 – DraftKings was upgraded by Freedom Capital to “strong-buy”.
• 5/14/2026 – DraftKings had its price target lowered by Morgan Stanley from $40.00 to $39.00. They now have an “overweight” rating on the stock.
• 5/14/2026 – DraftKings is now covered by BNP Paribas Exane. They set an “underperform” rating and a $20.00 price target on the stock.
• 5/14/2026 – DraftKings was upgraded by BNP Paribas Exane to “strong sell”.
• 5/12/2026 – DraftKings had its price target raised by Citigroup Inc. from $29.00 to $30.00. They now have a “buy” rating on the stock.
• 5/12/2026 – DraftKings had its price target raised by Mizuho from $44.00 to $45.00. They now have an “outperform” rating on the stock.
• 5/11/2026 – DraftKings was downgraded by Weiss Ratings from “sell (d+)” to “sell (d)”.
• 5/11/2026 – DraftKings was given a new $27.00 price target by Northland Securities.
• 5/11/2026 – DraftKings had its price target lowered by Guggenheim from $37.00 to $35.00. They now have a “buy” rating on the stock.
• 5/11/2026 – DraftKings had its price target raised by Barclays PLC from $33.00 to $35.00. They now have an “overweight” rating on the stock.
• 5/11/2026 – DraftKings had its “buy” rating reaffirmed by Needham & Company LLC. They now have a $35.00 price target on the stock.
• 5/10/2026 – DraftKings had its “overweight” rating reaffirmed by Wells Fargo & Company. They now have a $32.00 price target on the stock.
• 5/8/2026 – DraftKings had its price target raised by BTIG Research from $28.00 to $30.00. They now have a “buy” rating on the stock.
• 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.

Insider Activity at DraftKings

In related news, insider Paul Liberman sold 484,417 shares of the firm’s stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $25.16, for a total value of $12,187,931.72. Following the transaction, the insider directly owned 213,597 shares of the company’s stock, valued at approximately $5,374,100.52. This trade represents a 69.40% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Jocelyn Moore sold 2,150 shares of the firm’s 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 completion of the transaction, the director directly owned 1,406 shares in the company, valued at $35,993.60. This represents a 60.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 521,663 shares of company stock valued at $13,144,962. 47.18% of the stock is owned by corporate insiders.

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.