DraftKings (DKNG) Stock: Buy, Sell, or Hold?
DKNG - DraftKings Inc. Class A Common Stock
$18.86
-0.49 (-2.53%)
▼
5d:
-14.35%
30d:
-22.1%
90d:
-28.04%
WAIT
LOW Confidence
Analysis Updated: Oct 2, 2026 12:00 AM ET
Earnings: Nov 05, 2026
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Interactive Price Chart (1 Month)
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Bottom Line:
⏸️ WAIT FOR STABILIZATION: DKNG is down 14.4% over the last 5 days. While fundamentals may be solid, catching a falling knife is risky. Wait for price to stabilize before entering.
⏸️ WAIT FOR STABILIZATION: DKNG is down 14.4% over the last 5 days. While fundamentals may be solid, catching a falling knife is risky. Wait for price to stabilize before entering.
Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$50.06
Based on 14.5% avg growth
INTRINSIC VALUE TODAY
$31.09
39.3% Margin of Safety
How this is calculated: We use a Growth Decay Model: starting with analyst consensus growth (adjusted above) and gradually slowing it down to a long-term terminal rate (4%) by Year 5. This provides a more realistic valuation than assuming constant hyper-growth. We then apply a 15.3x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: DKNG is currently trading at $18.86, which is considered oversold relative to its 30-day fair value range of $20.96 to $25.00. From a valuation perspective, the stock is trading at a discount (Forward PE: 11.5) compared to its historical average (15.3). Remarkably, the market is currently pricing in an annual earnings decline of 9.0% over the next few years. This pessimistic expectation contrasts with the company's recent 184.6% earnings growth, suggesting potential undervaluation if the company simply maintains stability.
Technical Outlook: Technically, DKNG is in a strong uptrend. The price is currently testing key support at $18.55. A bounce from this level would confirm strength, while a break below could signal further downside.
Market Sentiment: DKNG scores 25/100 on our bottoming-setup gauge. Note this measures entry quality, not trend direction — a low score can mean the chart is extended after a strong run (don't chase) or still falling without stabilization; better entries typically come after a pullback toward the 20-day average. Wall Street analysts see significant upside, with an average price target of $34.95 (+80.6%). Current signals suggest waiting for a better entry point before initiating new positions.
Technical Outlook: Technically, DKNG is in a strong uptrend. The price is currently testing key support at $18.55. A bounce from this level would confirm strength, while a break below could signal further downside.
Market Sentiment: DKNG scores 25/100 on our bottoming-setup gauge. Note this measures entry quality, not trend direction — a low score can mean the chart is extended after a strong run (don't chase) or still falling without stabilization; better entries typically come after a pullback toward the 20-day average. Wall Street analysts see significant upside, with an average price target of $34.95 (+80.6%). Current signals suggest waiting for a better entry point before initiating new positions.
Quick Decision Summary
Current Position
OVERSOLD
Historical Trading Range
$20.96 -
$25.00
Company Quality Score
45/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
57.1%
Protect Your Profits
Holding DKNG? Use our AI-powered strategies to protect your downside while keeping your long-term position.
View Profit Protection PlanAll Signals
- BULLISH: Price oversold vs 30-day range
- BEARISH: Weak technical setup (25/100)
- BULLISH: High volume confirmation
- BULLISH: Trading 80.6% below Wall St target ($34.95)
- WARNING: Composite score 45/100 in the bottom quintile — this cohort historically lags the market
Trading Range Analysis
30-Day Trading Range
$20.96 -
$25.00
Current vs Trading Range
OVERSOLD
Support & Resistance Levels
Support Level
$18.55
Resistance Level
$23.42
Current Trend
Strong Uptrend
Technical data as of
Oct 1, 2026
Fundamental Context
Forward P/E (Next Year Est.)
11.52
Wall Street Target
$34.95
(+80.6%)
Revenue Growth (YoY)
-4.6%
Earnings Growth (YoY)
184.6%
Profit Margin
-2.7%
Valuation Discount vs History
-9.0% cheaper
PE vs Historical
11.5 vs 15.3
CHEAP
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
-9.0%
(market-implied from PE analysis)
1-Year Target
$17.61
(-9%)
2-Year Target
$16.02
(-17%)
3-Year Target
$14.58
(-25%)
3-Yr Target (if PE normalizes)
(PE: 12→15)
$19.37
(+0%)
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 20.4, Growth: 90.1%)
$115.69
(+498%)
Base:
(SPY PE: 11.5, Growth: 90.1%)
$65.31
(+238%)
Bear:
(PE: 9.8, Growth: 90.1%)
$55.51
(+187%)
💡
Upside Surprise Potential
If earnings stabilize (0% growth), PE could expand from 11.5 to 15.3
Stabilization Target:
$25.71
(+32.9%)
PE Expansion Potential:
+32.9%
Share & Embed Analysis
Last updated: October 02, 2026 12:51 PM ET
Data refreshes hourly during market hours. Next update: 1:51 PM
Data refreshes hourly during market hours. Next update: 1:51 PM
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Technical Signals Check
Is DKNG showing a specific setup today?
Insider Activity (6 Months)
0
Buys
0
Sells
0
Net
NEUTRAL
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Advanced DKNG Option Strategies
Professional options setups generated by AI based on today's DKNG price and gamma walls.
