Where DraftKings Stands With Analysts
Portfolio Pulse from Benzinga Insights
DraftKings (NASDAQ:DKNG) has received a diverse range of ratings from 26 analysts over the past three months, with a majority being bullish. The average 12-month price target has increased to $54.35, reflecting a positive sentiment. Key financial indicators show strong revenue growth but challenges in profitability and returns.
May 29, 2024 | 12:00 pm
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DraftKings has received predominantly bullish ratings from analysts, with an average 12-month price target of $54.35, up from $51.76. The company shows strong revenue growth but faces challenges in profitability and returns.
The majority of analysts have given bullish ratings, and the average price target has increased, indicating positive sentiment. However, financial indicators show challenges in profitability, which may temper the overall positive impact.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100