DKNG Stock Analysis: Buy, Sell, or Hold?
DKNG - DraftKings Inc. Class A Common Stock
$20.93
0.21 (1.01%)
▲
5d:
-12.65%
30d:
-12.21%
90d:
-39.99%
WAIT
LOW Confidence
Analysis Updated: Mar 30, 2026 12:00 AM ET
Earnings: May 14, 2026
Smart Money Accumulation
DKNG is down 13.2% this week, but smart money is accumulating calls. Top strike: $30 2026-06-18 with 21,864 OI. Call ratio: 76% View Scanner →
Strength: 9.2/10
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Interactive Price Chart (1 Month)
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Bottom Line:
⏸️ WAIT FOR STABILIZATION: DKNG is down 12.6% 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 12.6% 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
$63.28
Based on 14.5% avg growth
INTRINSIC VALUE TODAY
$39.29
46.7% 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 16.9x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: DKNG is currently trading at $20.93, which is considered oversold relative to its 30-day fair value range of $22.23 to $25.37. From a valuation perspective, the stock is trading at a discount (Forward PE: 10.9) compared to its historical average (16.9). Remarkably, the market is currently pricing in an annual earnings decline of 13.7% 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 $20.46. A bounce from this level would confirm strength, while a break below could signal further downside.
Market Sentiment: The stock shows a mixed technical setup (40/100), with neutral trendline and momentum signals. Wall Street analysts see significant upside, with an average price target of $35.95 (+71.8%). 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 $20.46. A bounce from this level would confirm strength, while a break below could signal further downside.
Market Sentiment: The stock shows a mixed technical setup (40/100), with neutral trendline and momentum signals. Wall Street analysts see significant upside, with an average price target of $35.95 (+71.8%). Current signals suggest waiting for a better entry point before initiating new positions.
Quick Decision Summary
Current Position
OVERSOLD
Fair Price Range
$22.23 -
$25.37
Company Quality Score
52/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
79.5%
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
- NEUTRAL: Mixed technical signals (40/100)
- BULLISH: High volume confirmation
- BULLISH: Trading 71.8% below Wall St target ($35.95)
- WARNING: Recommendation downgraded due to -12.6% 5-day decline - wait for stabilization
Fair Price Analysis
30-Day Fair Range
$22.23 -
$25.37
Current vs Fair Value
OVERSOLD
Support & Resistance Levels
Support Level
$20.46
Resistance Level
$26.10
Current Trend
Strong Uptrend
Technical data as of
Mar 30, 2026
Fundamental Context
Forward P/E (Next Year Est.)
10.89
Wall Street Target
$35.95
(+71.8%)
Revenue Growth (YoY)
42.8%
Earnings Growth (YoY)
184.6%
Profit Margin
0.1%
Valuation Discount vs History
-13.7% cheaper
PE vs Historical
10.9 vs 16.9
CHEAP
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
-13.7%
(market-implied from PE analysis)
1-Year Target
$18.84
(-10%)
2-Year Target
$16.95
(-19%)
3-Year Target
$15.26
(-27%)
3-Yr Target (if PE normalizes)
(PE: 11→17)
$23.69
(+13%)
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 22.4, Growth: 56.1%)
$145.03
(+593%)
Base:
(SPY PE: 10.9, Growth: 56.1%)
$70.64
(+238%)
Bear:
(PE: 9.3, Growth: 56.1%)
$60.04
(+187%)
💡
Upside Surprise Potential
If earnings stabilize (0% growth), PE could expand from 10.9 to 16.9
Stabilization Target:
$32.49
(+55.2%)
PE Expansion Potential:
+55.2%
Share & Embed Analysis
Last updated: March 30, 2026 6:06 PM ET
Data refreshes hourly during market hours. Next update: 7:06 PM
Data refreshes hourly during market hours. Next update: 7:06 PM
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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.
