CleaRank Financial AI • AI-powered analysis using real-time market data from TwelveData
Analysis reviewed by Ryan Brothwell, Financial Journalist. Data refreshed daily. Not financial advice.
DraftKings Inc. (DKNG) is currently trading at $18.90, below its 50-day SMA of $22.86 and 200-day SMA of $25.12. The stock's technical indicators suggest a bearish trend, with a 14-day RSI of 35.19 indicating neutral momentum and MACD showing a negative reading. Despite these technical challenges, Wall Street analysts maintain a generally positive outlook, with a consensus rating of 'Buy' and a median price target of $32.50, implying a 72% upside. However, significant insider selling, with over $88.5 million in dispositions versus $3.2 million in purchases, raises concerns about management's confidence in the near-term prospects. The company's fundamental picture is mixed. While revenue growth is projected to be around 10% for the next quarter and current year, DraftKings reported a net loss of $0.35 per share in its most recent quarter, missing estimates by 52.63%. The company's profit margin is negative at -2.68%, and its return on equity is -21.14%. The debt-to-equity ratio stands at 3.36, which is high relative to the sector median of 1.9. The price-to-sales ratio of 1.57 is below the sector average of 1.9, but this is overshadowed by the ongoing unprofitability.
DKNG at a glance
DraftKings Inc. (DKNG): Sell, 21/100 on CleaRank's AI score.
TrendDown: the price is below both its 50- and 200-day moving averages ($22.86 and $25.12).
EarningsDKNG beat estimates in 1 of its last 3 quarters, and the stock rose the next day every time.
InsidersInsiders sold $88.5M and bought $3.2M over the last 18 months.
As of October 15, 2026, DraftKings Inc. (DKNG) trades at $18.90. Wall Street's consensus target is $32.50 across 37 analysts. The 14-day RSI (daily closes) is 35, showing bearish momentum without being oversold, and the price is below its 50-day simple moving average of $22.86.
Figures as of October 15, 2026.
Only on CleaRank
Figures we compute ourselves from DKNG's own price, earnings and insider-filing history. Tap one to see it in context.
On price-to-sales, the yardstick used here in place of P/E, DKNG trades at 1.57x, -17% versus the sector average of 1.90x.
DKNG Financial Performance
Revenue vs. Earnings
Annual
Quarterly
Earnings Reality Check
In the last 3 quarters, DKNG beat the analyst estimate 1 time; the stock rose in the first session after every beat.
DKNG earnings surprises and the stock's reaction
Report
EPS estimate
EPS actual
Surprise
First session
5 sessions
Aug 6, 2026
$0.19
$0.09
-52.63%
+8.39%
+14.66%
May 7, 2026
$0.17
$0.20
+17.65%
+1.19%
-0.28%
Feb 12, 2026
$0.41
$0.36
-12.20%
-13.51%
-11.33%
The first session is the first full trading day on the news: the report day itself for a report before the open, the next day for one after the close. Surprise is actual EPS against the consensus estimate.
As of October 15, 2026, DKNG has beaten the analyst EPS estimate in 1 of its last 3 reported quarters and rose in the first trading session after that beat; its latest report, on August 6, 2026, came in 52.63% below the estimate and the stock moved +8.39% in the first session.
DKNG Analysis
Company's Health2/5
12-Month Analyst Target+71.96% above price
Median of 37 analysts (12-month)
$32.50
AI Analyst Consensus ScoreSell
DraftKings Inc. (DKNG) is currently trading below its key moving averages, with the price at $18.90 sitting beneath the 50-day SMA ($22.86) and the 200-day SMA ($25.12). This positioning indicates a bearish trend and suggests these averages are acting as resistance. The 14-day RSI is at 35.19, signaling neutral momentum, while the MACD is negative at -1.10, further reinforcing the bearish sentiment. Key support levels are not clearly defined given the downward trend, but the current price action suggests potential for further downside. Volume on the latest trading day was 13,024,700, which is approximately 9.2% below the average volume of 14,349,250, indicating a lack of strong conviction from buyers at current levels. The stock's stochastic indicator is at 10.91, suggesting it is approaching oversold territory, but this has not yet translated into a bullish reversal.
ProTips
Given the heavy insider selling totaling over $88.5 million, investors should closely monitor any further transactions and management commentary for insights into the company's internal outlook.
The stock is trading below its 50-day and 200-day moving averages ($22.86 and $25.12), suggesting a bearish trend. Consider waiting for a confirmed break above these resistance levels before initiating new positions.
With negative profit margins and EPS, position sizing should be conservative, especially given the high debt-to-equity ratio of 3.36.
Key Catalysts
BearishHeavy Insider Selling Continues
Insiders have sold over $88.5 million worth of DKNG stock, significantly outweighing purchases of $3.2 million, indicating a lack of internal confidence and potentially signaling further downside pressure.
Source: Insider Transaction Data
BearishPrice Below Key Moving Averages
DKNG is trading below its 50-day SMA ($22.86) and 200-day SMA ($25.12), suggesting a bearish trend and that these averages may act as resistance levels.
Source: Technical Analysis Data
BearishPersistent Unprofitability
The company continues to report negative EPS and profit margins, raising concerns about its long-term financial viability and ability to generate shareholder value.
Source: Fundamental Analysis Data
BullishPositive Analyst Sentiment and Price Targets
Despite current challenges, 37 Wall Street analysts maintain a 'Buy' consensus with a median price target of $32.50, suggesting an expectation of significant future growth and recovery.
Source: Wall Street Analyst Data
BullishProjected Revenue Growth
Analysts forecast revenue growth of approximately 10% for the current year and next quarter, indicating continued top-line expansion in the online gaming market.
Source: Wall Street Analyst Data
Market Outlook
The base case for DraftKings Inc. (DKNG) over the next 6-12 months is challenging, with the stock currently trading below key technical levels and facing significant insider selling pressure. While Wall Street analysts have a median price target of $32.50, implying substantial upside, the company's persistent unprofitability and high debt levels present considerable risks. The projected revenue growth of around 10% for the current year and next quarter is positive, but achieving profitability remains paramount. Potential catalysts for a bullish shift could include a significant improvement in earnings, a clear path to profitability, or a reduction in debt. Conversely, continued losses, failure to meet revenue growth expectations, or further insider selling could exacerbate the bearish trend. The company's ability to execute its strategy and work through the competitive online gaming market will be critical in determining its future trajectory.
Key Statistics
Market Cap
9.38B
P/E Ratio
N/A (Negative EPS)
EPS (TTM)
-0.3500
Dividend Yield
0.00%
52 Week High
36.98
52 Week Low
18.51
As of October 15, 2026, DKNG trades at $18.90, with a market value of $9.38B and no P/E ratio (its trailing earnings are negative).
DraftKings Inc. (DKNG) presents a challenging fundamental picture, characterized by ongoing losses and a high debt-to-equity ratio. The debt-to-equity ratio of 3.36 is considerably higher than the sector median of 1.9, suggesting a leveraged financial structure. Valuation metrics are also concerning. While the price-to-sales ratio of 1.57 is below the sector average of 1.9, this is largely due to the company's negative earnings. Analysts project revenue growth of approximately 10% for the current year and next quarter, but the company's inability to achieve profitability remains a primary concern. The current price of $18.90 is trading below the sector's average P/E ratio of -54.00 (negative, reflects current losses), but this is not a positive sign given the negative EPS.
Earnings & Growth Analysis
DraftKings Inc. (DKNG) most recently reported earnings on August 6, 2026, with an EPS of $0.09, significantly missing the analyst estimate of $0.19 by 52.63%. This miss resulted in a positive price change of 8.39% on the day of the report, an unusual reaction to a significant earnings miss. Prior to this, the company beat estimates in May 2026 with an EPS of $0.20 against an estimate of $0.17, leading to a 1.19% price increase. However, the earnings report from February 2026 showed an EPS of $0.36, missing estimates by 12.2% and causing a 13.51% price drop. The pattern suggests inconsistent earnings performance and volatile market reactions.
Key Risks
The most significant risk for DraftKings Inc. (DKNG) is the heavy insider selling, with over $88.5 million in dispositions versus only $3.2 million in purchases. Also, the stock is trading below its key 50-day and 200-day moving averages, indicating bearish technical momentum and potential for further price declines. The company's persistent unprofitability, evidenced by negative profit margins and EPS, presents a substantial fundamental risk, especially given its high debt-to-equity ratio.
Technical Indicators i
RSI (14-day)
35.19
MACD (12, 26)
-1.10
SMA (50-day)
22.86
SMA (200-day)
25.12
Technical RatingBearish
RSI
Bearish
SMA Cross
Bearish
Price vs SMA
Bearish
MACD
Bearish
Moving averages show a lagging Death Cross (50-day: $22.86, 200-day: $25.12), price is trading below the 50-day SMA.
As of October 15, 2026, with DKNG at $18.90, its 14-day RSI is 35.2 (showing bearish momentum without being oversold), its 50-day simple moving average is $22.86 and its 200-day is $25.12.
Calculated by CleaRank on daily closes as of October 15, 2026: Wilder's 14-day RSI, 50- and 200-day simple moving averages, MACD line (12, 26).
Market Correlations
How this stock moves relative to other assets
Based on 1 year of daily price data. Correlations may vary over different time periods.
S&P 500 (SPY)+0.35
Weak correlation
Nasdaq 100 (QQQ)+0.31
Weak correlation
Bitcoin (BTC)+0.08
Weak correlation
Gold (XAU)-0.01
Weak correlation
As of October 15, 2026, DKNG's 1-year correlation of daily returns is +0.35 with S&P 500 (SPY), +0.31 with Nasdaq 100 (QQQ), +0.08 with Bitcoin (BTC) and -0.01 with gold (XAU).
Check Custom Correlation
How does any other asset move with DKNG? One year of daily closes, Pearson correlation.
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DKNG Wall Street View
12-month price targets
Low $20.00Median $32.50 (+72.0%)High $76.00
The price, $18.90, sits below every analyst's target.
Ratings
Buy 31Hold 5Sell 13 months ago: 29 of 36 buy
Recent rating actions
Recent analyst rating actions on DKNG
Date
Firm
Action
Rating
Oct 8, 2026
Susquehanna
Maintains
Positive
Oct 7, 2026
Macquarie
Maintains
Outperform
Oct 7, 2026
Guggenheim
Maintains
Buy
Oct 5, 2026
B of A Securities
Upgrade
Buy
Oct 1, 2026
BTIG
Maintains
Buy
Sep 24, 2026
Citizens
Maintains
Market Outperform
As of October 15, 2026, 37 Wall Street analysts cover DKNG: 31 rate it a buy or strong buy, 5 a hold and 1 a sell or strong sell. Their 12-month price targets range from $20.00 to $76.00, with a median of $32.50, 72.0% above the price of $18.90.
Source: TwelveData analyst consensus. Targets and ratings belong to the analysts, not to CleaRank.
DKNG Trade Plans
Specific entry, exit, and risk management levels
Select Your Trade Bias
Risk Tolerance
Conservative2%Aggressive
Portfolio Value
$
Position Size: Enter portfolio size →
Short entry pick an entry style
Conservative
$19.28
2% above current price
Lower risk, wait for rally
Aggressive
$18.90
Short at current price
Higher risk, chasing the move
Risk Management
STOP LOSS
$21.25
MAX LOSS
-10.3%
Volatility-Adjusted Stop Loss
Calculated based on RSI (35.2) and current market volatility
DKNG moves about 3.0% a day on average, so a stop can fill well past its level. Educational levels, not financial advice; the full disclaimer is at the foot of the page.
Growth of $10,000
A $10,000 investment in DKNG in July 2019 would be worth about $19,286 today, compared with about $25,653 for the same investment in the S&P 500 benchmark.
Compare with Another Ticker
DKNG Drawdowns & Recovery
Worst fall, last 7 years
-85.7%
March 2021 to May 2022
Recovery
Not yet
still 73.6% below the March 2021 peak
From the 7-year high
-73.6%
highest close, March 2021
1-year holds that gained
56%
of every 1-year window
As of October 15, 2026, DKNG's worst peak-to-trough fall over the last 7 years was -85.7% (March 2021 to May 2022); it is still 73.6% below that peak, and 56% of 1-year holding periods ended with a gain.
From weekly closing values. A drawdown is the fall from the highest value reached so far to a later low.
Monte Carlo Projection (10yr)
CleaRank's 10-year Monte Carlo simulation projects that a $10,000 investment in DKNG today could grow to about $20,758 by 2036 in the base case, with a 90th-percentile outcome near $157,487 and a 10th-percentile outcome around $2,736. Projections are statistical simulations, not guarantees.
DKNG Stock Price Prediction: 2030
CleaRank's simulation projects a price near $25.31 for DKNG by 2030 in the base case, from $18.90 today (1.3x over 4 years). The 10th-percentile path ends near $7.03. These are outcomes of a Monte Carlo simulation run on DKNG's historical return distribution, not price targets, and they assume no dividends are reinvested.
DKNG simulated price paths by year
Year
10th percentile
Base case
90th percentile
2027
$10.71
$20.33
$38.59
2028
$8.84
$21.87
$54.13
2029
$7.76
$23.53
$71.39
2030
$7.03
$25.31
$91.19
2031
$6.50
$27.23
$114
Method: a lognormal simulation of DKNG's own volatility and capped historical trend, re-run daily; base case is the median path, the outer columns the 10th and 90th percentiles.
As of October 15, 2026, DKNG insiders reported 28 open-market sales worth $88.5M and 3 open-market purchases worth $3.2M over the last 18 months; grants and option exercises are not counted.
Recent insider transactions in DKNG
Date
Insider
Type
Shares
Value
Sep 3, 2026
ROBINS JASON SHAND
Chief Executive Officer
Grant
12.0K
-
Sep 1, 2026
DODGE ROBERT STANTON
Officer
Grant
34.7K
-
Sep 1, 2026
ELLINGSON ALAN WAYNE
Chief Financial Officer
Grant
28.1K
-
Sep 1, 2026
LIBERMAN PAUL
Officer and Director
Grant
72.9K
-
Sep 1, 2026
ROBINS JASON SHAND
Chief Executive Officer
Grant
126.6K
-
Aug 19, 2026
MOORE JOCELYN
Director
Sell
10.8K
$258.8K
Aug 12, 2026
KALISH MATTHEW
Director
Option
383.5K
$1.8M
Jul 31, 2026
DODGE ROBERT STANTON
Officer
Grant
1.5K
-
Jul 31, 2026
ELLINGSON ALAN WAYNE
Chief Financial Officer
Grant
4.3K
-
Jul 1, 2026
DODGE ROBERT STANTON
Officer
Grant
1.5K
-
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Frequently Asked Questions
Is DraftKings Inc. (DKNG) a buy right now?
DKNG is currently trading at $18.90, below its 50-day and 200-day moving averages ($22.86 and $25.12), with heavy insider selling and negative earnings. While Wall Street has a 'Buy' consensus and a median price target of $32.50, the current technical and fundamental indicators suggest caution.
What are the biggest risks facing DraftKings Inc. (DKNG)?
The primary risks for DKNG include significant insider selling totaling over $88.5 million, a bearish technical trend indicated by price action below key moving averages, and persistent unprofitability with negative profit margins and EPS.
How does DraftKings Inc. (DKNG) compare to its sector averages?
DraftKings Inc. (DKNG) has a higher debt-to-equity ratio (3.36) compared to the sector median (1.9). While its price-to-sales ratio (1.57) is lower than the sector average (1.9), its profitability metrics like ROE (-21.14%) and profit margin (-2.68%) are significantly worse than the sector medians.
What was DraftKings Inc.'s most recent earnings performance?
In its most recent report on August 6, 2026, DraftKings Inc. (DKNG) reported an EPS of $0.09, missing the analyst estimate of $0.19 by 52.63%. This followed a beat in the prior quarter but a miss in February 2026.
What is the momentum for DraftKings Inc. (DKNG) based on technical indicators?
Technical indicators for DKNG show bearish momentum, with the stock trading below its 50-day and 200-day moving averages ($22.86 and $25.12). The 14-day RSI is at 35.19, indicating neutral momentum, and the MACD is negative.
Are insiders buying or selling DKNG?
Selling, on balance. In the last 18 months, DKNG's officers, directors and large holders reported 28 sales worth $88.5M and 3 open-market purchases worth $3.2M. Grants and option exercises are not counted as buying.
What is the analyst price target for DKNG?
As of October 15, 2026, the 37 Wall Street analysts covering DKNG have 12-month targets from $20.00 to $76.00, with a median of $32.50, 72.0% above the current price of $18.90. 31 rate it a buy or strong buy, 5 a hold and 1 a sell or strong sell. Three months ago 29 of 36 rated it a buy.
What is DKNG's biggest drop in the last 7 years?
DraftKings Inc. (DKNG)'s worst peak-to-trough fall over the last 7 years was -85.7%, from March 2021 to May 2022. It has not regained that peak yet and is still 73.6% below it. Over the same period, 56% of 1-year holding periods ended with a gain.
What are DKNG's best and worst months?
Over the last 8 years, November has been DKNG's strongest month on average (+12.41%, rising in 6 of 7 years) and October its weakest (-10.12%, rising in 0 of 7 years). Seasonal averages describe the past and do not predict a given year.
How closely does DKNG move with the stock market?
Over the past year DKNG's daily returns were weakly correlated with the S&P 500 (SPY) (+0.35). Nasdaq 100 (QQQ): +0.31; Bitcoin (BTC): +0.08; Gold (XAU): -0.01. A figure near +1 means the two usually move together; near 0 means little relationship.
