DraftKings faces price target cuts and revised EPS estimates

DraftKings (DKNG) is seeing mixed adjustments from financial analysts regarding its stock price targets and earnings projections. BTIG Research recently reduced its price target for the company from $30.00 to $25.00, though it maintains a “buy” rating.

In a separate assessment, a FactSet survey of 17 analysts revealed that the median earnings per share (EPS) estimate for 2026 has been revised downward from $0.10 to $0.09. Despite these adjustments, the average target price remains significant, with FactSet reporting a target of $33.00.

Other recent analyst activity includes Deutsche Bank lifting its target to $28.00 with a “hold” rating, and TD Cowen raising its objective to $35.00 with a “buy” rating. The company currently holds a consensus rating of “Moderate Buy” among market analysts.