If you are looking for the long-term stock price of DraftKings, then this forecast may be useful for you. We are here to predict the stock price of this company for the years 2025, 2028 and 2030.
The stock price prediction is based on our research, experience and technical analysis, which may differ from the actual price. So this is an estimated value, not an advice for your investment.
However, the company now shows a bullish trend which may continue for the next 12 months. According to our current forecast system, DraftKings shares will increase in price by 2.15% and reach $29.51 per share by the end of 2023.
Our analysis suggests that this stock will have a positive trend in future and can be a good investment to make money. Nevertheless, you must check the official ratings from top analysts before investing.
DraftKings Overview
DraftKings is an American daily fantasy sports contest and gaming company. The company allows users to participate in fantasy sports-related contests and win money based on performance in five major American sports and others.
DraftKings launched the DraftKings sportsbook in New Jersey and opened mobile gaming operations in several areas in an agreement with the New Hampshire Lottery.
DraftKings was founded in 2012 by former Vistaprint employees Jason Robbins, Matthew Kalish, and Paul Lieberman. The company initially operated out of Lieberman’s home.
The company’s first product was one-on-one baseball contests, which debuted in 2012 to coincide with Major League Baseball’s opening day. Check Wikipedia for more details
Stock price history:
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Fundamentals of DraftKings
As per the official report, the company generated 87.68% more revenue of $874.93M in Q2 of FY 2023, while the net profit remained negative.
DraftKings stock price prediction for 2025, 2028 and 2030
Market experts suggest that the stock price can increase by up to 35.8 per cent per share over the next 12 months. The bullish trend will last long and can be a good option to make money.
2025
| Minimum | $ 34.15 to $ 44.10 |
| Maximum | $ 41.24 to $ 59.32 |
2028
| Minimum | $ 104.12 to $ 142.20 |
| Maximum | $ 140.25 to $ 185.45 |
2030
| Minimum | $ 236.12 to $ 271.21 |
| Maximum | $ 288.32 to $ 312.41 |
FAQs
The estimated price for DraftKings shares is $41.24 to $59.32 by 2025.
According to our forecast system, DraftKings is in a bullish trend for a period of one year.
The maximum estimated price for DraftKings shares in 2030 is $288.32 to $312.41.
Disclaimer: The information provided about DraftKings is for general information only. None of the information or content provided on this page is investment advice. Seek financial professional advice before making any investment decisions.
