DKNG Stock Analysis: Buy, Sell, or Hold?
DKNG - DraftKings Inc. Class A Common Stock
$23.16
1.00 (4.51%)
▲
5d:
+8.89%
30d:
-8.93%
90d:
-32.79%
HOLD
MODERATE Confidence
Analysis Updated: Apr 2, 2026 12:00 AM ET
Earnings: May 14, 2026
Smart Money Accumulation
DKNG is down 7.3% this week, but smart money is accumulating calls. Top strike: $30 2026-06-18 with 21,864 OI. Call ratio: 64% View Scanner →
Strength: 5.0/10
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Interactive Price Chart (1 Month)
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Bottom Line:
📊 HOLD: DKNG shows mixed signals. Fine to hold existing positions. Not urgent to buy or sell.
📊 HOLD: DKNG shows mixed signals. Fine to hold existing positions. Not urgent to buy or sell.
Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$60.24
Based on 14.5% avg growth
INTRINSIC VALUE TODAY
$37.41
38.1% 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 16.7x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: DKNG is currently trading at $23.16, which is considered fair relative to its 30-day fair value range of $22.16 to $25.33. From a valuation perspective, the stock is trading at a discount (Forward PE: 12.5) compared to its historical average (16.7). Remarkably, the market is currently pricing in an annual earnings decline of 9.3% 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 $20.46, while resistance sits at $25.64. The stock is showing strong short-term momentum, up 4.5% recently.
Market Sentiment: DKNG has a weak technical setup (25/100), with bearish trendlines and momentum suggesting caution for short-term entries. Wall Street analysts see significant upside, with an average price target of $35.80 (+54.6%). The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Technical Outlook: Technically, DKNG is in a strong uptrend. Immediate support is located at $20.46, while resistance sits at $25.64. The stock is showing strong short-term momentum, up 4.5% recently.
Market Sentiment: DKNG has a weak technical setup (25/100), with bearish trendlines and momentum suggesting caution for short-term entries. Wall Street analysts see significant upside, with an average price target of $35.80 (+54.6%). The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Quick Decision Summary
Current Position
FAIR
Fair Price Range
$22.16 -
$25.33
Company Quality Score
52/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
54.8%
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
- NEUTRAL: Price in fair range
- BEARISH: Weak technical setup (25/100)
- BULLISH: High volume confirmation
- BULLISH: Strong upward momentum (+4.5%)
- BULLISH: Trading 54.6% below Wall St target ($35.80)
Fair Price Analysis
30-Day Fair Range
$22.16 -
$25.33
Current vs Fair Value
FAIR
Support & Resistance Levels
Support Level
$20.46
Resistance Level
$25.64
Current Trend
Strong Uptrend
Technical data as of
Apr 2, 2026
Fundamental Context
Forward P/E (Next Year Est.)
12.50
Wall Street Target
$35.80
(+54.6%)
Revenue Growth (YoY)
42.8%
Earnings Growth (YoY)
184.6%
Profit Margin
0.1%
Valuation Discount vs History
-9.3% cheaper
PE vs Historical
12.5 vs 16.7
CHEAP
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
-9.3%
(market-implied from PE analysis)
1-Year Target
$21.01
(-9%)
2-Year Target
$19.05
(-18%)
3-Year Target
$17.28
(-25%)
3-Yr Target (if PE normalizes)
(PE: 13→17)
$23.08
(0%)
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 20.6, Growth: 60.4%)
$128.61
(+455%)
Base:
(SPY PE: 12.5, Growth: 60.4%)
$78.16
(+238%)
Bear:
(PE: 10.6, Growth: 60.4%)
$66.44
(+187%)
💡
Upside Surprise Potential
If earnings stabilize (0% growth), PE could expand from 12.5 to 16.7
Stabilization Target:
$30.94
(+33.6%)
PE Expansion Potential:
+33.6%
Share & Embed Analysis
Last updated: April 02, 2026 11:42 PM ET
Data refreshes hourly during market hours. Next update: 12:42 AM
Data refreshes hourly during market hours. Next update: 12:42 AM
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Technical Signals Check
Is DKNG showing a specific setup today?
Insider Activity (6 Months)
3
Buys
9
Sells
Net
INSIDERS SELLING
Recent Transactions
Jocelyn Moore
SELL
2150 shares
2026-03-13
Paul Liberman
SELL
484417 shares
2026-03-11
Erik Bradbury
SELL
2883 shares
2026-03-03
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Advanced DKNG Option Strategies
Professional options setups generated by AI based on today's DKNG price and gamma walls.
