DraftKings (DKNG) Stock Forecast & Predictions for 2025, 2026, 2027–2030 and Beyond

DraftKings Inc. is a digital company that provides online sportsbook services in the US. Besides, the company develops sports gaming products and software (iGaming) for retail bookmakers.

The company is actively broadening its market presence by forging new strategic partnerships and enhancing its digital platform and the online sports entertainment industry. However, the niche that DraftKings occupies is not only highly profitable but also quite risky, especially given the current geopolitical tensions and market instability.

What is the future of DKNG shares? What potential highs and lows may the price reach? The review presents in-depth DraftKings stock price performance forecasts for 2025–2050 by authoritative experts and stock market analysts.

The article covers the following subjects:

Major Takeaways

• The current DKNG price stands at $32.59 as of 30.04.2025.
• The highest DKNG price of $53.56 was reached on 14.02.2025, while the all-time low of $29.59 was set on 04.04.2025.
• Most analysts predict that DraftKings’ share price will plummet in 2025. According to some experts, the asset may drop to $32.82 by the end of the year. Optimistic forecasts point to the price jump to $46.39, while the most pessimistic estimates suggest the stock may tumble to $16.49.
• Most forecasts for DKNG’s share price in 2026 are upbeat. Some agencies believe the company’s securities will rise to $48.09–$50.98, while others indicate a price increase to $66.69. However, there are still pessimistic forecasts. For example, CoinCodex predicts the price to slide to $7.66 by the end of the year.
• Many global analysis agencies offer bullish forecasts for DraftKings securities in 2027–2030. According to a number of experts, the share price may surge to $80.37. The most optimistic forecasts predict a hike to $145.77. Pessimistic forecasts suggest a downtrend and a decline to $4.43.
• Long-term forecasts for DKNG shares in 2040–2050 also vary. Some analysts expect the price to reach $568.81 by 2050. Others expect the asset to trade at $0.2823.

DKNG Real-Time Market Status

The DKNG price is trading at $32.59 as of 30.04.2025.

The following financial metrics of DraftKings Inc. should be analyzed to determine the current status of the DKNG stock in the market:

• Market capitalization reflects DraftKings’ net worth in the market.
• The number of shares outstanding is an indicator that reflects the total amount of a company’s shares in the market.
• Earnings per share (EPS) is the portion of the company’s earnings allocated to each stock.
• The price-to-earnings ratio (P/E) reflects the value of the stock against net income.
• Monthly volatility reflects the 30-day change in the asset price.
• The average trading volume over 20days represents the average daily volume of shares traded over the last 20 trading sessions.

Indicator	Value
Market cap	$16.89 billion
Shares outstanding	499.96 million
Earnings per share (EPS)	-1.05
Price-to-earnings (P/E)	N/A, as EPS is negative
Monthly volatility	11.78%
Average trading volume over 20 days	$11.96 million

DKNG Stock Price Forecast for 2025 Based on Technical Analysis 

Let’s conduct a technical analysis of the DKNG stock price using a weekly time frame to forecast the price for 2025.

Over the past month, DKNG securities have traded in a wide range of 29.59–38.00, holding at 33.75. Technical indicators and candlestick patterns are giving mixed signals:

• A Piercing Line pattern appears near the key support of 29.64, accompanied by a spike in tick volume. This suggests that bullish momentum is reviving. After that, a series of Spinning Top patterns emerges, warning market participants of uncertainty.
• MACD values are gradually increasing in the negative zone, indicating weakening bearish momentum and a possible upward price reversal.
• RSI values are neutral, hovering around 40, giving no clear signals to buy or sell.
• The MFI indicator is declining, indicating a liquidity outflow from the asset.
• The VWAP and SMA20 are above the market price, suggesting bearish pressure.

The table below shows the projected values of DraftKings Inc. (#DKNG) for the next 12 months.

Month	Minimum, $	Maximum, $
May 2025	32.53	39.24
June 2025	38.29	43.80
July 2025	42.12	49.31
August 2025	39.00	46.91
September 2025	38.05	46.91
October 2025	45.23	53.38
November 2025	49.07	57.93
December 2025	48.35	53.86
January 2026	53.14	58.89
February 2026	57.93	64.16
March 2026	57.21	65.36
April 2026	56.73	68.71

Long-Term Trading Plan for DraftKings Inc. (#DKNG) for 2025

DKNG shares have the potential to rebound after a downward correction. Technical analysis has helped identify key support and resistance levels that can be used to develop a trading strategy for 2025.

Trading plan for the year

• A Piercing Line and a series of Spinning Top patterns have formed in the range of 29.64–39.21, indicating a potential upward reversal over the next 1–3 months.
• Tick volume increases amid a steady rise in the MACD indicator, pointing to a waning bearish pressure and gradual growth of bullish activity.
• The VWAP and SMA20 lines are above the market price, indicating diminishing bearish momentum. The MFI shows an outflow of liquidity from the asset. The RSI is in the neutral zone, giving no buy or sell signals.
• Main long-term scenario: initiate long trades above the resistance of 39.21 with targets in the range of 48.93–74.31.
• An alternative long-term scenario: open short trades below the key support of 29.69 with targets around 21.89–10.65.

Analysts’ DKNG Shares Price Projections for 2025 

Most experts believe that DKNG shares will decline in 2025. However, some forecasts point to moderate gains due to the legalization of sportsbook platforms in multiple US states and the expansion of the user base. Overall, analysts predict a target price in the range of $35.00–$45.00.

Panda Forecast

Price range in 2025: $28.77–$34.89 (as of 28.04.2025).

According to Panda Forecast, the average stock price may hit $33.21 by mid-2025. Experts predict a bearish reversal in the second half of the year and a decrease to $32.82 by the end of December.

Month	Minimum, $	Average, $	Maximum, $
May	30.84	33.10	34.89
June	31.02	33.21	33.94
July	31.40	32.81	34.25
August	29.01	31.69	33.50
September	29.03	30.12	31.35
October	30.38	32.61	34.01
November	28.77	31.24	32.14
December	31.89	32.82	34.88

LongForecast

Price range in 2025: $24.67–$50.10 (as of 28.04.2025).

LongForecast predicts that the DKNG price will continue to climb in 2025. However, experts anticipate a downward correction with a closing price of $29.27 in June. Besides, analysts are very optimistic about the end of the year, expecting the asset to surge to $46.39.

Month	Open, $	Min–Max, $	Close, $
May	34.11	24.67–38.01	34.43
June	34.43	26.93–34.43	29.27
July	29.27	28.15–33.05	30.60
August	30.60	30.60–37.27	34.51
September	34.51	32.92–38.64	35.78
October	35.78	35.78–44.44	41.15
November	41.15	38.49–45.19	41.84
December	41.84	41.84–50.10	46.39

CoinCodex

Price range in 2025: $15.65–$36.23 (as of 28.04.2025).

CoinCodex anticipates a more significant depreciation of DKNG shares throughout 2025. The average price is expected to plunge to $27.92 by mid-year. In the second half of the year, the negative trend will likely continue, with the price potentially reaching $16.49 by the end of December.

Month	Minimum, $	Average, $	Maximum, $
May	27.36	28.80	31.25
June	25.02	27.92	29.77
July	27.70	29.11	30.57
August	30.04	33.94	36.23
September	27.62	28.32	29.91
October	20.91	24.97	28.20
November	15.73	17.96	20.76
December	15.65	16.49	17.10

Analysts’ DKNG Shares Price Projections for 2026

Predicting DraftKings’ stock price for 2026 is challenging due to the volatility of the sports gaming market and changes in legislation. However, if current growth trends persist and online sportsbook services see further legalization, a moderate increase can be anticipated.

LongForecast

Price range in 2026: $44.37–$72.03 (as of 28.04.2025).

According to LongForecast, the price will open at $46.39 in 2026. The asset is expected to climb to $57.05 by June. In the second half of 2026, the bullish trend will continue, with the price reaching $66.69 by the end of December.

Month	Open, $	Min–Max, $	Close, $
January	46.39	44.37–52.09	48.23
June	53.28	52.49–61.61	57.05
December	70.99	61.35–72.03	66.69

WalletInvestor

Price range in 2026: $37.73–$51.04 (as of 28.04.2025).

WalletInvestor expects DKNG’s price to stabilize at $37.92 in early 2026. The asset is expected to soar to $42.41 by mid-year. In the second half of the year, the bullish trend will continue, pushing the price up to $48.09 by the end of December.

Month	Open, $	Close, $	Minimum, $	Maximum, $
January	37.92	41.75	37.73	41.75
June	41.92	42.41	41.92	43.36
December	50.98	48.09	48.07	51.04

CoinCodex

Price range in 2026: $6.28–$15.97 (as of 28.04.2025).

According to CoinCodex, the quotes may reach $13.62 by early 2026. By mid-year, the share price may plummet to $7.33. In the latter half of the year, the bearish trend may decelerate, and the average price may reach $7.66.

Month	Minimum, $	Average, $	Maximum, $
January	10.79	13.62	15.97
June	6.38	7.33	8.07
December	6.28	7.66	8.70

Analysts’ DKNG Shares Price Projections for 2027

The forecast for DraftKings’ share price in 2027 is based on an analysis of financial indicators, user base growth rates, and the competitive environment. If current trends are maintained and the company successfully expands into new markets, the stock is expected to appreciate substantially. However, macroeconomic factors and regulatory changes in the gaming industry may affect this outlook.

LongForecast

Price range in 2027: $66.69–$109.57 (as of 28.04.2025).

LongForecast predicts DKNG shares will remain at around $66.69 in early 2027. The price will likely jump to $93.13 by the middle of the year. In the second half, the quotes are expected to fluctuate within a wide range of $78.52–$109.57 and then drop to $85.35 by the end of December.

Month	Open, $	Min–Max, $	Close, $
January	66.69	66.69–82.83	76.69
June	109.57	85.68–109.57	93.13
December	91.47	78.52–92.18	85.35

WalletInvestor

Price range in 2027: $47.87–$61.29 (as of 28.04.2025).

WalletInvestor forecasts a gradual increase in the DraftKings stock price in 2027. The price is expected to open at $48.06. By mid-year, the value may advance to $52.71. By the end of the year, the asset’s price may hit a yearly high of $61.29 and close at $58.23.

Month	Open, $	Close, $	Minimum, $	Maximum, $
January	48.06	51.54	47.87	51.54
June	52.02	52.71	52.02	53.53
December	61.29	58.23	58.23	61.29

CoinCodex

Price range in 2027: $6.38–$22.07 (as of 28.04.2025).

According to CoinCodex, the average price will trade around $7.48 in early 2027. Analysts expect positive momentum throughout the year. The asset may rise to $14.35 by mid-year and to $20.76 by year-end.

Month	Minimum, $	Average, $	Maximum, $
January	6.38	7.48	8.49
June	13.27	14.35	14.99
December	19.93	20.76	22.07

Analysts’ DKNG Shares Price Projections for 2028

Market analysis suggests that DraftKings shares may strengthen by 2028, driven by the development of legal online sportsbook services and the expansion of the user base. The stock is projected to reach the target range of $65.00–$80.00, assuming the current momentum is maintained and the company remains competitive.

LongForecast

Price range in 2028: $69.82–$102.20 (as of 28.04.2025).

LongForecast estimates that the asset will trade around $85.35 at the beginning of 2028. During the first half of the year, the price is expected to trade in a downtrend, closing at $75.89 in June. In the second half of the year, the price is anticipated to fluctuate in different directions and stabilize at $89.24 by the end of December.

Month	Open, $	Min–Max, $	Close, $
January	85.35	85.35–102.20	94.63
June	73.51	69.82–81.96	75.89
December	89.85	82.10–96.38	89.24

WalletInvestor

Price range in 2028: $58.02–$71.29 (as of 28.04.2025).

According to WalletInvestor, the stock price will continue to appreciate in 2028. The asset is expected to reach $62.75 by mid-year. In the second half of the year, the bullish trend may intensify, and the price could reach $68.41 by the end of December.

Month	Open, $	Close, $	Minimum, $	Maximum, $
January	58.02	62.02	58.02	62.02
June	62.40	62.75	62.40	63.69
December	71.29	68.41	68.41	71.29

CoinCodex

Price range in 2028: $18.63–$25.73 (as of 28.04.2025).

CoinCodex predicts that the average price of DKNG shares may climb to $20.44 by early 2028. Overall, positive momentum is expected throughout the year. The asset may increase to $21.91 by mid-year and to $23.55 by year-end.

Month	Minimum, $	Average, $	Maximum, $
January	18.63	20.44	22.89
June	19.95	21.91	24.70
December	21.43	23.55	25.73

Analysts’ DKNG Shares Price Projections for 2029

Experts forecast that the company’s shares will appreciate in 2029, bolstered by the growing online sportsbook market and DraftKings’ potential expansion into new US states. In an optimistic scenario, the price may hit $80.00–$100.00, provided steady growth rates and successful diversification.

StockScan

Price range in 2029: $79.80–$175.14 (as of 28.04.2025).

StockScan predicts mixed performance for DraftKings shares in 2029. The average price is projected to reach $152.97 at the beginning of the year. By mid-year, the asset is expected to surge to $174.48. In the second half of 2029, the price is anticipated to reverse downward, closing at $82.02.

Month	Minimum, $	Average, $	Maximum, $
January	150.16	152.97	154.87
June	167.41	174.48	175.14
December	79.80	82.02	82.02

WalletInvestor

Price range in 2029: $68.14–$81.11 (as of 28.04.2025).

According to WalletInvestor, the stock price will trade between $68.14 and $73.82 in the first half of 2029, with the closing price of $72.93 in June. In the second half of the year, the bullish trend may strengthen, with the asset reaching $78.35 in December.

Month	Open, $	Close, $	Minimum, $	Maximum, $
January	68.18	72.52	68.14	72.52
June	72.48	72.93	72.48	73.82
December	81.11	78.35	78.35	81.11

CoinCodex

Price range in 2029: $8.94–$24.32 (as of 28.04.2025).

CoinCodex provides a gloomy outlook for the DKNG stock in 2029. The average price may reach $22.74 at the beginning of the year, sliding to $17.07 in June. The downtrend will likely gain momentum in the second half of the year, dragging the price to $9.96 in December.

Month	Minimum, $	Average, $	Maximum, $
January	20.94	22.74	24.32
June	16.03	17.07	18.31
December	8.94	9.96	11.45

Analysts’ DKNG Shares Price Projections for 2030

Most experts anticipate an increase in the DKNG share price by 2030. The price will depend on the legalization of online sportsbook services in certain US states, market competition, technological innovations, and the overall economic situation. Optimistic forecasts predict significant gains, while pessimistic ones suggest moderate progress or even a decrease.

StockScan

Price range in 2030: $82.80–$148.79 (as of 28.04.2025).

StockScan offers a positive outlook for the company’s shares in 2030. The average price will probably trade around $85.95 at the beginning of the year, rising to $103.85 by mid-year. In the second half of 2030, the uptrend will accelerate, driving the price to $145.77 by the end of December.

Month	Minimum, $	Average, $	Maximum, $
January	82.80	85.95	86.02
June	102.00	103.85	110.16
December	140.39	145.77	148.79

CoinCodex

Price range in 2030: $3.68–$9.37 (as of 28.04.2025).

According to CoinCodex, the average price will trade at $7.87 at the start of the year, falling to $4.27 in June. In the second half of the year, the negative momentum may slow down, with the price reaching $4.43 in December.

Month	Minimum, $	Average, $	Maximum, $
January	6.34	7.87	9.37
June	3.76	4.27	4.69
December	3.68	4.43	5.12

CoinPriceForecast

Price range in 2030: $69.11–$80.37 (as of 28.04.2025).

CoinPriceForecast predicts the price may reach $69.11 by the beginning of 2030. Experts anticipate that the uptrend will continue to $74.76 by mid-year and to $80.37 by the end of the year.

Year	Mid-Year, $	Year-End, $
2030	74.76	80.37

Analysts’ DKNG Shares Price Projections until 2050

Predicting DraftKings’ share price for 2040–2050 is challenging due to the unpredictable nature of regulatory changes, technological advances, competition, and the overall economic environment affecting the sportsbook market. Nevertheless, such forecasts can be used when creating a trading strategy to predict the long-term price trajectory and investor sentiment.

CoinPriceForecast provides a cautious long-term outlook for DKNG shares, predicting the price to advance to $104.86 by 2035.

Meanwhile, CoinCodex‘s long-term forecasts are less encouraging. Analysts predict that the DKNG price will remain around $4.59 in 2040. By 2050, the average price is expected to plummet to $0.2823.

According to StockScan, DraftKings shares will maintain a steady uptrend in the long term. Experts predict that the asset will surge to $316.04 by 2035. Besides, the price is expected to skyrocket to $568.81 between 2041 and 2050.

Year	CoinPriceForecast, $	CoinCodex, $	StockScan, $
2035	104.86	–	316.04
2040	–	4.59	416.13
2045	–	–	497.80
2050	–	0.2823	568.81

It is extremely difficult to predict DraftKings’ share price over such a long period. The company’s success will depend on the development of the online sportsbook industry, regulation, competition, and technological innovation. Long-term investments in DraftKings are associated with a high degree of uncertainty.

Market Sentiment for DKNG (DraftKings) on Social Media

Media sentiment is an analysis of the tone of news and articles about DraftKings. Positive sentiment can stimulate stock appreciation, while negative sentiment signals potential risks to investors.

A user of the X social network (formerly Twitter), @TheOptionsPlug, notes that DKNG shares have an excellent risk-reward ratio and predicts a bullish trend for the asset in the near future.

User @FinFluentialx states that although DKNG’s share price has fallen by 41% from its high, its fundamentals continue to improve. Over the past five years, the average monthly number of unique players has increased by 15%, which may contribute to the company’s share price increase.

User @XVolatility emphasizes that analysts maintain their consensus forecast for DraftKings shares at $55.00. Additionally, an independent expert suggests that overall market sentiment is optimistic despite regulatory challenges.

Therefore, according to information posted on X, private investors and stock market players are demonstrating a positive attitude toward the prospects of DKNG shares.

DKNG Price History

The highest DKNG price of $53.56 was recorded on 14.02.2025. 

The lowest price of $29.59 was set on 04.04.2025.

After its IPO in April 2020, the company’s shares experienced an initial surge, fueled by enthusiasm about market expansion and partnerships with major sports leagues. However, a period of correction soon followed, reflecting market participants’ concerns about profitability, competition, and regulatory changes. Nevertheless, DraftKings shares posted significant gains in 2021, peaking amid the legalization of sportsbook services in several US states.

In 2022, the company’s shares faced pressure due to macroeconomic factors, such as inflation and rising interest rates. In 2023, the stock price started to recover thanks to improved financial performance and expectations of further growth. In April 2025, DraftKings shares show resilience despite ongoing competition and remain an attractive option for investors believing in the long-term potential of the online sportsbook market.

DKNG Fundamental Analysis

Studying the key factors that influence DraftKings’ stock price is an important aspect of making effective trading decisions.

What Factors Affect the DKNG Price?

The DraftKings (DKNG) stock price is determined by a variety of economic and industry factors:

• The company’s financial performance, such as revenue, profit, and losses, significantly influences its share price. The company’s ability to generate sustainable revenue is valuable to investors, especially in an increasingly competitive online sports gaming market.
• Regulatory changes. The legalization of sports predictions in new US states may lead to an increase in the customer base and revenue growth. Conversely, tighter legislation may negatively impact business and share prices.
• The general economic environment including the population’s unemployment rate. Consumers tend to spend more money on sports gaming services during economic growth, positively affecting companies’ profits.
• Competitors’ actionsand overall industry trends also affect DKNG’s share price. The appearance of new competitors can change the market, creating new challenges and opportunities for existing players.
• Global market trends and economic conditions, including interest rates, inflation, and consumer sentiment.

More Facts About DKNG

DraftKings Inc. is a prominent sportsbook company founded in 2012. The company is headquartered in Boston, Massachusetts.

DraftKings began as a fantasy sports service and quickly expanded its offerings to include online sports predictions. Its user-friendly interface and diverse services helped it capture significant market share and attract millions of users.

DraftKings stands out for its ability to adapt to changing laws. As sports prediction services become legalized across the US, the company is expanding into new states, ensuring safe and legal platforms for customers. Partnerships with leading sports leagues and teams enhance user trust, while ongoing investments in technology and innovation keep DraftKings competitive in a rapidly evolving market.

The company’s platform provides various services and advanced analytical tools, making it attractive to both beginners and experienced traders.

Advantages and Disadvantages of Investing in DKNG

Investing in DraftKings Inc. stocks is an interesting option for those aiming to diversify their investment portfolio and enter the promising sportsbook industry.

Advantages

• Investing in DraftKings offers a significant advantage due to the swift expansion of the sportsbook market, particularly in the US, where numerous states are increasingly legalizing this activity. The online wagering sector is expected to soar to $140 billion by 2028, creating new opportunities for the company to grow its customer base and boost revenue. This growth could also lead to a steady increase in its stock price over the long term.
• DraftKings distinguishes itself with its innovative approach to technology and marketing. The company actively utilizes modern digital platforms and marketing strategies to attract and retain customers. This allows it to remain competitive and to take a leading position in the industry.
• The company is constantly improving its product and expanding its functionality by introducing various interactive elements and user customizations, which makes the platform more attractive to customers.

Disadvantages

• The online sports predicting market is highly competitive, and a company’s success is not guaranteed. Major players in the industry may offer similar services or even better conditions for users.
• Legislative and regulatory changes may significantly affect DraftKings’ operations. Despite the legalization of sports predictions in some states, the process is still unfolding, and any negative changes in the legislative landscape may create obstacles for the company.
• DraftKings stocks can exhibit significant volatility, particularly in times of economic instability or changes in investor sentiment.

How We Make Forecasts

The following elements are crucial for making short- and long-term forecasts on various trading instruments, including DKNG shares:

1. Fundamental analysis covering the following aspects:

• evaluation of forecasts from leading analyst agencies;
• assessment of the company’s financial condition, such as market capitalization, revenues and expenses, earnings per share, business profitability, return on investment, and other indicators;
• analyzing the news background around the company;
• examining geopolitical and macroeconomic risks that could affect the stock price.

2. Analyzing market sentiment and users’ attitudes on social media.

3. Technical analysis of the asset. A more effective and conservative research model includes a combination of candlestick and chart patterns and indicator analysis. It allows you to determine favorable points for entering trades with minimal risks and to determine possible profit targets in advance.

Conclusion: Is DKNG a Good Investment?

Investing in DraftKings (DKNG) comes with its share of risks but also presents considerable growth opportunities. The company stands out as a frontrunner in the online sportsbook and iGaming sectors, showcasing impressive revenue growth. However, it still wrestles with issues surrounding profitability, and the competitive landscape in the industry is becoming increasingly fierce.

Investors should carefully consider the potential advantages of market expansion and DKNG’s position within it while also taking into account regulatory challenges, competitive pressures, and the need for further investments in development. For those who have faith in the future of online sportsbook services, DKNG may represent an appealing long-term investment. However, it is essential to adopt a thoughtful approach to managing risks.

The content of this article reflects the author’s opinion and does not necessarily reflect the official position of LiteFinance broker. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of Directive 2014/65/EU.

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