Citigroup initiated coverage on DraftKings with a new price target
$DKNG
Services-Misc. Amusement & Recreation
Consumer Discretionary
Citigroup initiated coverage of DraftKings with a rating of Buy and set a new price target of $48.00
Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/17/2026 | $52.00 → $35.00 | Buy | Needham |
| 2/6/2026 | $41.00 → $32.00 | Outperform | Bernstein |
| 1/16/2026 | $50.00 → $53.00 | Overweight | Morgan Stanley |
| 1/15/2026 | $49.00 | Equal Weight → Overweight | Wells Fargo |
| 11/21/2025 | $48.00 | Buy | Citigroup |
| 11/18/2025 | $31.00 | Equal Weight | Wells Fargo |
| 11/10/2025 | Under Perform → Market Perform | Northland Capital | |
| 11/4/2025 | $35.00 | Buy → Neutral | BofA Securities |
Cross-platform collaboration will bring exclusive, personalized features such as "Bet Your Bracket" to DraftKings Sportsbook DraftKings Inc. (NASDAQ:DKNG) ("DraftKings" or the "Company") and ESPN today unveiled details at the MIT Sloan Sports Analytics Conference for account linking between DraftKings' No. 1-rated Sportsbook and ESPN. Customers will be able to unlock a more personalized and streamlined experience by linking their accounts, along with access to exclusive features such as the new "Bet Your Bracket" offering. Account linking is launching ahead of the March Madness men's and women's tournaments, which most recently drew its highest viewership in over 30 years. Fans who link t
Today, Jackpocket announced that a $250.8 million winning ticket was ordered using Jackpocket, America's No. 1 lottery courier app*. The lucky winner ordered the ticket in Arkansas and matched all winning numbers during Monday night's Powerball drawing – 2, 17, 18, 38, 62 – plus the Powerball® (20). This was only the winner's second order using the Jackpocket app. "We're thrilled for our customer in Arkansas and amazed that just their second order placed with Jackpocket resulted in a life-changing $250.8 million jackpot — setting a new Jackpocket record," said Pete Sullivan, SVP, Lottery at DraftKings. "This historic win underscores our commitment to delivering a best-in-class, secure, an
Expects $55 Billion to $80 Billion 2030 Industry Gross Revenue Opportunity DraftKings Inc. (NASDAQ:DKNG) ("DraftKings" or the "Company") today outlined an expanded growth strategy and long-term financial framework, including its participation in what management expects to be a $55 billion to $80 billion 2030 industry gross revenue opportunity. The Company is also increasing deployment of AI across the platform to drive efficiency and operating leverage. Additional details will be provided at DraftKings' 2026 Virtual Investor Day, which will begin today at 9am ET. The expected 2030 industry gross revenue opportunity reflects continued state legalization of Sportsbook and Casino, growth i
SCHEDULE 13G/A - DraftKings Inc. (0001883685) (Subject)
144 - DraftKings Inc. (0001883685) (Subject)
144 - DraftKings Inc. (0001883685) (Subject)
4 - DraftKings Inc. (0001883685) (Issuer)
4 - DraftKings Inc. (0001883685) (Issuer)
4 - DraftKings Inc. (0001883685) (Issuer)
Needham reiterated coverage of DraftKings with a rating of Buy and set a new price target of $35.00 from $52.00 previously
Bernstein reiterated coverage of DraftKings with a rating of Outperform and set a new price target of $32.00 from $41.00 previously
Morgan Stanley reiterated coverage of DraftKings with a rating of Overweight and set a new price target of $53.00 from $50.00 previously
4 - DraftKings Inc. (0001883685) (Issuer)
4 - DraftKings Inc. (0001883685) (Issuer)
4 - DraftKings Inc. (0001883685) (Issuer)
Today, Jackpocket announced that a $250.8 million winning ticket was ordered using Jackpocket, America's No. 1 lottery courier app*. The lucky winner ordered the ticket in Arkansas and matched all winning numbers during Monday night's Powerball drawing – 2, 17, 18, 38, 62 – plus the Powerball® (20). This was only the winner's second order using the Jackpocket app. "We're thrilled for our customer in Arkansas and amazed that just their second order placed with Jackpocket resulted in a life-changing $250.8 million jackpot — setting a new Jackpocket record," said Pete Sullivan, SVP, Lottery at DraftKings. "This historic win underscores our commitment to delivering a best-in-class, secure, an
BOSTON, Oct. 28, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (NASDAQ:DKNG) today announced the appointment of Gregory W. Wendt to its Board of Directors as an independent director, effective October 24, 2025. Mr. Wendt's appointment follows the recommendation of the Board's Nominating and Corporate Governance Committee, and he will also serve as a member of that committee. "Greg brings deep expertise in investment management and a strong understanding of the gaming sector," said Jason Robins, DraftKings' Chief Executive Officer and Co-Founder. "His insights will be invaluable as we continue to scale our business, enhance the customer experience and strengthen DraftKings' position as a leader
BOSTON, Sept. 29, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (NASDAQ: DKNG) announced today that it has entered into a multi-year advertising agreement with NBCUniversal to execute exclusive integrations and digital sponsorships across NBCUniversal's top-tier sports properties, including premier national coverage. This deal marks a significant milestone for both companies, expanding DraftKings' presence in sports broadcasting through one of its largest and most impactful multi-platform agreements to date. "We are proud to join forces with NBCUniversal, an iconic name in sports entertainment, in a landmark multi-year agreement that brings together two industry leaders," said Stephanie Sherma
SC 13G/A - DraftKings Inc. (0001883685) (Subject)
SC 13G/A - DraftKings Inc. (0001772757) (Subject)
SC 13G - DraftKings Inc. (0001772757) (Subject)
BOSTON, Feb. 12, 2026 (GLOBE NEWSWIRE) -- DraftKings Inc. (NASDAQ:DKNG) ("DraftKings" or the "Company") today announced its fourth quarter and fiscal year 2025 financial results. The Company also posted a letter to shareholders and an earnings presentation on the Investor Relations section of its website at investors.draftkings.com. Fourth Quarter 2025 HighlightsFor the three months ended December 31, 2025, DraftKings reported revenue of $1,989 million, an increase of $596 million, or 43%, compared to $1,393 million during the same period in 2024. The increase in the Company's fourth quarter 2025 revenue was driven primarily by continued healthy customer engagement, efficient acquisition
BOSTON , Jan. 26, 2026 (GLOBE NEWSWIRE) -- DraftKings Inc. (NASDAQ:DKNG) (the "Company" or "DraftKings") today announced that it will release its fourth quarter 2025 results after the close of market trading on Thursday, February 12, 2026. DraftKings will host a conference call and audio webcast the following morning, Friday, February 13, 2026, at 8:30 a.m. ET, during which management will discuss the Company's results and provide commentary on business performance. To listen to the audio webcast and live Q&A, please visit DraftKings' investor relations website at investors.draftkings.com. The audio webcast will be available on the Company's investor relations website until 11:59 p.m. ET
BOSTON, Nov. 06, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (NASDAQ:DKNG) ("DraftKings" or the "Company") today announced its third quarter 2025 financial results. The Company also posted a third quarter 2025 business update and a slide presentation on the Investor Relations section of its website at investors.draftkings.com. Third Quarter 2025 HighlightsFor the three months ended September 30, 2025, DraftKings reported revenue of $1,144 million, an increase of $49 million, or 4%, compared to $1,095 million during the same period in 2024. The increase in the Company's third quarter 2025 revenue was driven by continued healthy customer engagement, efficient acquisition of new customers, and