DraftKings (DKNG) – Research Analysts’ Weekly Ratings Changes

A number of firms have modified their ratings and price targets on shares of DraftKings (NASDAQ: DKNG) recently:

• 2/26/2026 – DraftKings had its price target lowered by BTIG Research from $37.00 to $35.00. They now have a “buy” rating on the stock.
• 2/24/2026 – DraftKings was given a new $26.40 price target by Berenberg Bank.
• 2/24/2026 – DraftKings had its price target lowered by Morgan Stanley from $53.00 to $40.00. They now have an “overweight” rating on the stock.
• 2/24/2026 – DraftKings had its “market outperform” rating reaffirmed by Citigroup Inc..
• 2/19/2026 – DraftKings was downgraded by Zacks Research from “hold” to “strong sell”.
• 2/17/2026 – DraftKings was given a new $26.00 price target by Deutsche Bank Aktiengesellschaft.
• 2/17/2026 – DraftKings was given a new $24.00 price target by Northland Securities.
• 2/17/2026 – DraftKings was given a new $33.00 price target by Susquehanna.
• 2/17/2026 – DraftKings had its price target lowered by Stifel Nicolaus from $44.00 to $40.00. They now have a “buy” rating on the stock.
• 2/17/2026 – DraftKings was given a new $37.00 price target by Guggenheim.
• 2/17/2026 – DraftKings had its price target lowered by Barclays PLC from $44.00 to $37.00. They now have an “overweight” rating on the stock.
• 2/17/2026 – DraftKings had its price target lowered by JPMorgan Chase & Co. from $41.00 to $32.00. They now have an “overweight” rating on the stock.
• 2/17/2026 – DraftKings had its price target lowered by The Goldman Sachs Group, Inc. from $54.00 to $31.00. They now have a “buy” rating on the stock.
• 2/17/2026 – DraftKings had its price target lowered by Citigroup Inc. from $48.00 to $32.00. They now have a “buy” rating on the stock.
• 2/17/2026 – DraftKings had its price target lowered by Truist Financial Corporation from $45.00 to $33.00. They now have a “buy” rating on the stock.
• 2/17/2026 – DraftKings had its price target lowered by Mizuho from $46.00 to $44.00. They now have an “outperform” rating on the stock.
• 2/17/2026 – DraftKings had its price target lowered by Oppenheimer Holdings, Inc. from $50.00 to $35.00. They now have an “outperform” rating on the stock.
• 2/17/2026 – DraftKings had its price target lowered by Needham & Company LLC from $52.00 to $35.00. They now have a “buy” rating on the stock.
• 2/16/2026 – DraftKings was given a new $28.00 price target by Sanford C. Bernstein.
• 2/16/2026 – DraftKings was given a new $30.00 price target by Wells Fargo & Company.
• 2/15/2026 – DraftKings had its “buy” rating reaffirmed by Jefferies Financial Group Inc..
• 2/13/2026 – DraftKings had its “outperform” rating reaffirmed by BMO Capital Markets. They now have a $42.00 price target on the stock.
• 2/13/2026 – DraftKings had its price target lowered by Canaccord Genuity Group Inc. from $50.00 to $44.00. They now have a “buy” rating on the stock.
• 2/13/2026 – DraftKings had its price target lowered by BTIG Research from $45.00 to $37.00. They now have a “buy” rating on the stock.
• 2/13/2026 – DraftKings had its price target lowered by Benchmark Co. from $37.00 to $29.00. They now have a “buy” rating on the stock.
• 2/13/2026 – DraftKings had its price target lowered by Bank of America Corporation from $37.50 to $30.00. They now have a “neutral” rating on the stock.
• 2/6/2026 – DraftKings had its price target lowered by Sanford C. Bernstein from $41.00 to $32.00. They now have an “outperform” rating on the stock.
• 2/3/2026 – DraftKings was downgraded by Truist Financial Corporation from “strong-buy” to “hold”.
• 2/3/2026 – DraftKings had its price target lowered by Canaccord Genuity Group Inc. from $54.00 to $50.00. They now have a “buy” rating on the stock.
• 1/30/2026 – DraftKings was given a new $35.00 price target by Rothschild & Co Redburn.
• 1/30/2026 – DraftKings had its price target lowered by Stifel Nicolaus from $46.00 to $44.00. They now have a “buy” rating on the stock.
• 1/29/2026 – DraftKings had its price target lowered by Guggenheim from $45.00 to $42.00. They now have a “buy” rating on the stock.
• 1/27/2026 – DraftKings was given a new $44.00 price target by Susquehanna.
• 1/21/2026 – DraftKings had its “sell (d-)” rating reaffirmed by Weiss Ratings.
• 1/16/2026 – DraftKings had its price target raised by Morgan Stanley from $50.00 to $53.00. They now have an “overweight” rating on the stock.
• 1/12/2026 – DraftKings had its “buy” rating reaffirmed by Benchmark Co..
• 1/9/2026 – DraftKings was upgraded by Zacks Research from “strong sell” to “hold”.
• 1/8/2026 – DraftKings was upgraded by Texas Capital to “hold”.
• 1/7/2026 – DraftKings had its “buy” rating reaffirmed by UBS Group AG.

Insider Activity

In other news, CAO Erik Bradbury sold 7,268 shares of the business’s stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $22.50, for a total transaction of $163,530.00. Following the transaction, the chief accounting officer directly owned 36,736 shares of the company’s stock, valued at approximately $826,560. The trade was a 16.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider R Stanton Dodge sold 52,777 shares of the firm’s stock in a transaction on Tuesday, January 20th. The stock was sold at an average price of $32.01, for a total value of $1,689,391.77. Following the completion of the sale, the insider directly owned 500,000 shares of the company’s stock, valued at $16,005,000. The trade was a 9.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 112,822 shares of company stock worth $3,638,895. 51.19% of the stock is currently owned by insiders.

DraftKings Inc is a leading digital sports entertainment and gaming company specializing in daily fantasy sports, sports betting and iGaming products. The company provides an integrated platform where users can participate in daily fantasy contests, place wagers on professional sports events, and enjoy a range of online casino-style games. DraftKings’ proprietary technology supports real-time odds, live scoring and advanced analytics to enhance the user experience across mobile and desktop applications.

Founded in 2012 by co-founders Jason Robins, Matthew Kalish and Paul Liberman, DraftKings began as a daily fantasy sports provider and rapidly expanded into regulated sports betting following legislative changes in the United States.