"Our 24/7 Wall St. price target for DraftKings is $24.74 over the next 12 months, implying -1.9% downside from the current price of $25.22. Our recommendation is hold, with 90% confidence reflecting strong analyst data and clear earnings visibility."
"DKNG has rallied 8.15% in the past week and 9.89% over the past month, but remains down 26.81% year to date and 27.26% over one year. The slide accelerated after February's 20.1% post-earnings drop, despite posting its first full-year GAAP profit of $3.71 million on $6.05 billion in 2025 revenue, up 26.99% YoY."
"DraftKings reported revenue of $1.65 billion, up 16.8% YoY, with EPS of $0.20 versus $0.12 a year ago, missing the $0.22 consensus by 6.98%. Sportsbook revenue hit $1.09 billion while Monthly Unique Payers came in at 4.2 million, below the 4.63 million estimate."
"Meaningful upside could come from the $5 billion prediction-markets opportunity Macquarie analyst Chad Beynon flagged, or from the recently launched Super App consolidating Sportsbook, Predictions, Casino and Lottery. A full bull case follows below."
DraftKings shares have been volatile in 2026, falling from $48.78 last summer to a 52-week low in February after guidance concerns and fears of prediction-market competition. The stock has since stabilized, but a 12-month price target of $24.74 implies -1.9% downside from $25.22, leading to a hold recommendation with 90% confidence. The company reported first full-year GAAP profit of $3.71 million on $6.05 billion revenue in 2025, and Q1 2026 revenue of $1.65 billion with EPS of $0.20, though EPS missed consensus and Monthly Unique Payers were below estimates. Potential upside drivers include a $5 billion prediction-markets opportunity and a Super App consolidating sportsbook, predictions, casino, and lottery.
Read at 24/7 Wall St.
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