Deep Dive Into DraftKings Stock: Analyst Perspectives (32 Ratings)
Portfolio Pulse from Benzinga Insights
DraftKings (NASDAQ:DKNG) has received 32 analyst ratings over the past three months, with a majority being bullish. The average 12-month price target is $52.34, a slight decline from previous estimates. Analysts have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. DraftKings shows strong financial performance with significant revenue growth, high net margin, and effective debt management.
September 23, 2024 | 1:00 pm
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DraftKings has received predominantly bullish analyst ratings, with a current average price target of $52.34, slightly down from previous estimates. The company's strong financial performance, including a 26.23% revenue growth rate and high net margin, supports positive sentiment.
The majority of analysts maintain a bullish outlook on DraftKings, with a high average price target. The company's strong financial metrics, such as revenue growth and net margin, further support a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100