DraftKings (DKNG) Stock: Buy, Sell, or Hold?
DKNG - DraftKings Inc. Class A Common Stock
$24.74
1.03 (4.34%)
▲
5d:
+2.27%
30d:
-3.02%
90d:
-17.59%
BUY
MODERATE Confidence
Analysis Updated: Sep 11, 2026 12:00 AM ET
Earnings: Nov 05, 2026
Smart Money Distribution
Options positioning is turning defensive after a sharp run-up - a pattern consistent with institutional profit-taking. View Scanner →
Signal fired Sep 9, 2026 at $23.66 · last confirmed Sep 9, 2026
Strength: 7.5/10
Get Alerted When DKNG Hits Your Target Price
Join 10,000+ traders who never miss a move
You're in! Check your email to confirm and set your target price.
100% Free
No spam, ever
Unsubscribe anytime
Interactive Price Chart (1 Month)
Loading chart...
Loading historical data...
Bottom Line:
💡 BUY OPPORTUNITY: DKNG shows positive signals but monitor for confirmation. Market pricing in 0.8% decline. Moderate conviction.
💡 BUY OPPORTUNITY: DKNG shows positive signals but monitor for confirmation. Market pricing in 0.8% decline. Moderate conviction.
Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$49.28
Based on 14.5% avg growth
INTRINSIC VALUE TODAY
$30.60
19.2% 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 15.4x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: DKNG is currently trading at $24.74, which is considered fair relative to its 30-day fair value range of $23.41 to $25.54. The stock's valuation (Forward PE: 15.1) is in line with its historical norms (15.4). Remarkably, the market is currently pricing in an annual earnings decline of 0.8% 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. Immediate support is located at $23.09, while resistance sits at $26.58. The stock is showing strong short-term momentum, up 4.3% recently.
Market Sentiment: DKNG scores 61/100 on our bottoming-setup gauge — the chart has corrected and is stabilizing (RSI reset, momentum turning up), historically a favorable entry zone. Wall Street analysts see significant upside, with an average price target of $35.20 (+42.3%). Combining these factors, the current setup offers a favorable risk/reward ratio for buyers.
Technical Outlook: Technically, DKNG is in a strong uptrend. Immediate support is located at $23.09, while resistance sits at $26.58. The stock is showing strong short-term momentum, up 4.3% recently.
Market Sentiment: DKNG scores 61/100 on our bottoming-setup gauge — the chart has corrected and is stabilizing (RSI reset, momentum turning up), historically a favorable entry zone. Wall Street analysts see significant upside, with an average price target of $35.20 (+42.3%). Combining these factors, the current setup offers a favorable risk/reward ratio for buyers.
Quick Decision Summary
Current Position
FAIR
Historical Trading Range
$23.41 -
$25.54
Company Quality Score
57/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
88.1%
All Signals
- NEUTRAL: Price in fair range
- BULLISH: Strong technical setup (61/100)
- BULLISH: High volume confirmation
- BULLISH: Strong upward momentum (+4.3%)
- BULLISH: Trading 42.3% below Wall St target ($35.20)
- BULLISH: Bottoming setup score 61/100 — corrected, stabilizing, and turning up
Trading Range Analysis
30-Day Trading Range
$23.41 -
$25.54
Current vs Trading Range
FAIR
Support & Resistance Levels
Support Level
$23.09
Resistance Level
$26.58
Current Trend
Strong Uptrend
Technical data as of
Sep 11, 2026
Fundamental Context
Forward P/E (Next Year Est.)
15.05
Wall Street Target
$35.20
(+42.3%)
Revenue Growth (YoY)
-4.6%
Earnings Growth (YoY)
184.6%
Profit Margin
-2.7%
Valuation Discount vs History
-0.8% cheaper
PE vs Historical
15.1 vs 15.4
FAIR
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
-0.8%
(market-implied from PE analysis)
1-Year Target
$24.54
(-1%)
2-Year Target
$24.35
(-2%)
3-Year Target
$24.15
(-2%)
3-Yr Target (if PE normalizes)
(PE: 15→15)
$24.71
(0%)
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 20.2, Growth: 87.9%)
$111.87
(+352%)
Base:
(SPY PE: 15.1, Growth: 87.9%)
$83.50
(+238%)
Bear:
(PE: 12.8, Growth: 87.9%)
$70.97
(+187%)
💡
Upside Surprise Potential
If earnings stabilize (0% growth), PE could expand from 15.1 to 15.4
Stabilization Target:
$25.31
(+2.3%)
PE Expansion Potential:
+2.3%
Share & Embed Analysis
Last updated: September 12, 2026 6:43 AM ET
Data refreshes hourly during market hours. Next update: 7:43 AM
Data refreshes hourly during market hours. Next update: 7:43 AM
🔥 Top Stocks Breaking Out Now
| Ticker | Score | Recommendation | Change % |
|---|
Technical Signals Check
Is DKNG showing a specific setup today?
Insider Activity (6 Months)
0
Buys
0
Sells
0
Net
NEUTRAL
Top Rated Gambling Stocks
Top-rated stocks in Gambling by analyst ratings.
| Stock | Analyst Consensus | Analyst Target | Tradestie Score |
|---|---|---|---|
|
FLUT
Flutter Entertainment plc |
STRONG BUY
24 analysts |
$139 | 56 HOLD |
|
CHDN
Churchill Downs Incorpor… |
STRONG BUY
11 analysts |
$131 | 44 HOLD |
|
GAMB
Gambling.com Group Ltd |
STRONG BUY
7 analysts |
$5 | 57 HOLD |
|
RSI
Rush Street Interactive … |
STRONG BUY
7 analysts |
$36 | 54 HOLD |
|
BRAG
Bragg Gaming Group Inc |
STRONG BUY
6 analysts |
$6 | 56 HOLD |
Advanced DKNG Option Strategies
Professional options setups generated by AI based on today's DKNG price and gamma walls.
