Price Target and Analyst Ratings

On August 09, 2021 Needham & Company LLC gave $73.00 rating for DKNG. The price target was set to $51.73+0.3%.

Historical Ratings

Date Rating Action Authority Current Price Target Price
2021-08-09 $73.00 Initiated by Needham & Company LLC $52.36 $51.73+0.3%
2021-08-09 $70.00 - $75.00 Target Raised by Northland Securities $52.36 $51.85+0.5%
2021-08-09 $64.00 - $70.00 Target Raised by Benchmark $52.36 $53.39+3.5%
2021-07-29 $58.00 - $60.00 Target Raised by Morgan Stanley $49.79 $50.96+0.6%
2021-07-28 $77.00 - $73.00 Target Lowered by The Goldman Sachs Group $50.65 $48.77→0.9%
2021-07-07 Buy Initiated by Oppenheimer $48.75 $80.00
2021-06-02 Overweight Target Lowered by Morgan Stanley $50.97 $63.00 → $58.00
2021-05-24 Buy Target Lowered by Argus $47.86 $78.00 → $60.00
2021-05-18 Sell - Hold Upgraded by Berenberg Bank $44.27 $41.00 → $42.50
2021-05-17 Buy Target Lowered by Needham & Company LLC $43.51 $81.00 → $73.00
2021-05-17 Overweight Target Lowered by Morgan Stanley $43.51 $66.00 → $63.00
2021-05-12 Sell - Hold Upgraded by Berenberg Bank $42.11 $41.00 → $42.50
2021-05-10 Buy Target Lowered by Craig Hallum $45.34 $70.00 → $60.00
2021-05-10 Overweight Target Lowered by Morgan Stanley $45.34 $66.00 → $63.00
2021-05-10 Market Perform - Outperform Upgraded by Cowen $45.34 $70.00
2021-05-10 Buy Target Lowered by Needham & Company LLC $45.34 $81.00 → $73.00
2021-05-07 Buy Reiterated by Cannonball Research $48.42 $80.00
2021-05-06 Buy Initiated by Guggenheim $51.89 $75.00
2021-05-03 Buy Initiated by Needham & Company LLC $57.08 $81.00
2021-05-03 Market Perform - Outperform Upgraded by Cowen $57.08 $70.00
2021-04-30 Buy Initiated by Oppenheimer $56.66 $75.00 → $75.00
2021-04-30 Buy Initiated by Guggenheim $56.66 $75.00
2021-04-26 Buy Initiated by Needham & Company LLC $59.23 $81.00
2021-04-26 Buy Initiated by Needham & Company LLC $59.23
2021-03-29 Buy Target Raised by The Goldman Sachs Group $58.20 $79.00 → $87.00
2021-03-23 Buy Target Raised by The Goldman Sachs Group $69.75 $79.00 → $87.00
2021-03-16 Outperform Target Raised by Credit Suisse Group $67.14 $84.00 → $85.00
2021-03-16 Buy Reiterated by Jefferies Financial Group $67.14 $73.00 → $75.00
2021-03-16 Buy Target Raised by Benchmark $67.14 $69.00 → $75.00
2021-03-16 Outperform Target Raised by Macquarie $67.14 $71.00 → $73.00
2021-03-15 Buy Target Raised by Rosenblatt Securities $67.75 $72.00 → $81.00
2021-03-10 Outperform Target Raised by Macquarie $69.29 $71.00 → $73.00
2021-03-10 Outperform Target Raised by Credit Suisse Group $69.29 $84.00 → $85.00
2021-03-10 Buy Target Raised by Benchmark $69.29 $69.00 → $75.00
2021-03-10 Buy Reiterated by Jefferies Financial Group $69.29 $73.00 → $75.00
2021-03-10 Buy Target Raised by Jefferies Financial Group $69.29 $73.00 → $75.00
2021-03-08 Buy Target Raised by Rosenblatt Securities $60.50 $65.00 → $72.00
2021-03-08 Overweight Target Raised by Morgan Stanley $60.50 $60.00 → $66.00
2021-03-08 Buy Target Raised by Canaccord Genuity $60.50 $65.00 → $80.00
2021-03-01 Buy Target Raised by Benchmark $68.72 $66.00 → $69.00
2021-03-01 Buy Target Raised by Rosenblatt Securities $68.72 $65.00 → $72.00
2021-03-01 Buy Reiterated by Canaccord Genuity $68.72 $80.00
2021-03-01 Buy Reiterated by Needham & Company LLC $68.72 $80.00
2021-03-01 Neutral Target Raised by UBS Group $68.72 $52.00 → $65.00
2021-03-01 Buy Target Raised by The Goldman Sachs Group $68.72 $71.00 → $73.00
2021-03-01 Buy Reiterated by The Goldman Sachs Group $68.72 $71.00 → $73.00
2021-03-01 Positive - Buy Target Raised by Craig Hallum $68.72 $65.00 → $70.00
2021-03-01 Target Raised by Piper Sandler $68.72 $58.00 → $67.00
2021-03-01 Outperform Target Raised by Northland Securities $68.72 $55.00 → $70.00
2021-03-01 Buy Target Raised by Canaccord Genuity $68.72 $65.00 → $80.00
2021-03-01 Overweight Target Raised by Morgan Stanley $68.72 $60.00 → $66.00
2021-02-25 Outperform Target Raised by Oppenheimer $57.81 $65.00 → $80.00
2021-02-19 Target Raised by Oppenheimer $60.91 $65.00 → $80.00
2021-02-01 Buy Target Raised by Benchmark $54.64 $60.00 → $66.00
2021-01-26 Outperform Initiated by Sanford C. Bernstein $54.06 $71.00
2021-01-26 Outperform Initiated by Sanford C. Bernstein $54.06
2021-01-26 Neutral - Buy Upgraded by The Goldman Sachs Group $54.06 $45.00 → $65.00
2021-01-20 Equal Weight - Overweight Upgraded by Morgan Stanley $53.18 $39.00 → $60.00
2021-01-20 Equal Weight - Overweight Upgraded by Morgan Stanley $53.18
2021-01-19 Sell Initiated by Berenberg Bank $51.29 $41.00
2021-01-14 Target Raised by Truist $54.92 $48.00 → $60.00
2020-12-18 Target Raised by Bank of America $53.90 $55.00 → $60.00
2020-12-07 Neutral Initiated by JPMorgan Chase & Co. $47.93 $48.00
2020-11-24 Neutral Initiated by UBS Group $47.89 $52.00
2020-11-24 Neutral Initiated by UBS Group $47.89
2020-11-19 Overweight Initiated by Piper Sandler $49.32
2020-11-16 Buy Initiated by Loop Capital $42.73
2020-11-16 Hold Target Lowered by Deutsche Bank Aktiengesellschaft $42.73 $48.00 → $46.00
2020-11-16 Outperform Target Raised by Northland Securities $42.73 $50.00 → $55.00
2020-11-16 Equal Weight Target Raised by Morgan Stanley $42.73 $37.00 → $39.00
2020-11-04 Buy Reiterated by Oppenheimer $39.46 $65.00
2020-10-13 Buy Target Raised by Rosenblatt Securities $51.18 $60.00 → $65.00
2020-10-12 Outperform Target Raised by Oppenheimer $50.60 $55.00 → $65.00
2020-10-12 Hold Initiated by Deutsche Bank Aktiengesellschaft $50.60 $48.00
2020-10-12 Buy Target Raised by Benchmark $50.60 $57.00 → $60.00
2020-10-12 Outperform Initiated by Credit Suisse Group $50.60 $76.00
2020-10-08 Target Raised by Truist $51.13 $39.00 → $60.00
2020-10-08 Market Perform Initiated by Cowen $51.13 $55.00
2020-09-30 Buy Initiated by Needham & Company LLC $58.84
2020-09-25 Buy Initiated by Argus $53.19 $65.00
2020-09-24 Outperform Initiated by Macquarie $50.57 $65.00 → $65.00
2020-09-15 Buy Target Raised by Benchmark $48.21 $45.00 → $57.00
2020-09-15 Target Raised by Craig Hallum $48.21 $48.00 → $60.00
2020-09-15 Target Raised by Oppenheimer $48.21 $50.00 → $55.00
2020-09-14 Peer Perform Initiated by Wolfe Research $48.62
2020-09-09 Outperform Initiated by Evercore ISI $40.38 $60.00
2020-09-08 Neutral Initiated by BofA Securities $37.01 $40.00
2020-09-08 Neutral Initiated by Bank of America $37.01 $40.00
2020-09-02 Hold Initiated by Truist $39.90 $39.00 → $39.00
2020-08-28 Overweight - Equal Weight Downgraded by Morgan Stanley $36.32 $37.00
2020-08-26 Buy Reiterated by Oppenheimer $38.86 $50.00
2020-08-19 Buy Reiterated by Northland Securities $36.27 $50.00
2020-08-17 Buy Reiterated by Canaccord Genuity $34.68
2020-08-17 Buy Target Lowered by Benchmark $34.68 $47.00 → $45.00
2020-08-14 Overweight Target Raised by Morgan Stanley $33.91 $25.00 → $26.00
2020-07-31 Buy Initiated by Benchmark $33.38 $47.00
2020-07-26 Buy Initiated by Oppenheimer $37.55 $46.00
2020-06-24 Neutral Target Raised by Goldman Sachs Group $37.56 $32.00 → $34.00
2020-06-23 Buy Reiterated by Oppenheimer $37.99 $48.00
2020-06-22 Buy Initiated by Jefferies Financial Group $38.26 $55.00 → $55.00

DKNG Stock Trend

The stock lies in the upper part of a very wide and weak rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $60.28 will firstly indicate a stronger rate of rising.

Given the current short-term trend, the stock is expected to rise 6.36% during the next 3 months and, with a 90% probability hold a price between $48.46 and $64.12 at the end of this 3-month period.

Data

Date Bottom Mid Top
2021-09-01 $45.62 $52.98 $60.34
2021-09-02 $45.68 $53.04 $60.40
2021-09-03 $45.74 $53.09 $60.45
2021-09-07 $45.79 $53.15 $60.51
2021-09-08 $45.85 $53.21 $60.57
2021-09-09 $45.91 $53.27 $60.63
2021-09-10 $45.97 $53.32 $60.68
2021-09-13 $46.02 $53.38 $60.74
2021-09-14 $46.08 $53.44 $60.80
2021-09-15 $46.14 $53.50 $60.85
2021-09-16 $46.19 $53.55 $60.91
2021-09-17 $46.25 $53.61 $60.97
2021-09-20 $46.31 $53.67 $61.03
2021-09-21 $46.37 $53.72 $61.08
2021-09-22 $46.42 $53.78 $61.14
2021-09-23 $46.48 $53.84 $61.20
2021-09-24 $46.54 $53.90 $61.25
2021-09-27 $46.59 $53.95 $61.31
2021-09-28 $46.65 $54.01 $61.37
2021-09-29 $46.71 $54.07 $61.43
2021-09-30 $46.77 $54.13 $61.48
2021-10-01 $46.82 $54.18 $61.54
2021-10-04 $46.88 $54.24 $61.60
2021-10-05 $46.94 $54.30 $61.66
2021-10-06 $47.00 $54.35 $61.71
2021-10-07 $47.05 $54.41 $61.77
2021-10-08 $47.11 $54.47 $61.83
2021-10-11 $47.17 $54.53 $61.88
2021-10-12 $47.22 $54.58 $61.94
2021-10-13 $47.28 $54.64 $62.00

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