Stifel Maintains Buy Rating on DraftKings (DKNG) with Adjusted Price Target | DKNG Stock News

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Jul 16, 2025
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On July 16, 2025, Stifel analyst Jeffrey Stantial released an updated report on DraftKings (DKNG, Financial), maintaining a 'Buy' rating while slightly lowering the price target.

The price target for DraftKings (DKNG, Financial) has been adjusted from $53.00 to $51.00 USD. This adjustment reflects a 3.77% reduction in the projected target, as stated in the latest analysis by Stifel.

Despite the lowered price target, the 'Buy' rating has been maintained, highlighting continued confidence in DraftKings' (DKNG, Financial) market position and potential for growth.

DraftKings (DKNG, Financial) remains a stock to watch, with the latest analyst insights providing valuable information for investors navigating the current market dynamics.

Wall Street Analysts Forecast

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Based on the one-year price targets offered by 33 analysts, the average target price for DraftKings Inc (DKNG, Financial) is $52.99 with a high estimate of $75.00 and a low estimate of $36.00. The average target implies an upside of 22.25% from the current price of $43.35. More detailed estimate data can be found on the DraftKings Inc (DKNG) Forecast page.

Based on the consensus recommendation from 36 brokerage firms, DraftKings Inc's (DKNG, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

Based on GuruFocus estimates, the estimated GF Value for DraftKings Inc (DKNG, Financial) in one year is $60.43, suggesting a upside of 39.4% from the current price of $43.3495. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the DraftKings Inc (DKNG) Summary page.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.