Forecast: (DKNG) for today October 27 & Weekly Forecast from 22 October to 28 October
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Forecast: (DKNG) for today October 27 & Weekly Forecast from 22 October to 28 October

Updated: October 27, 2023


Brief information about DraftKings Inc.

Ticker: DKNG

Sector: Financial

Closing price of the last trading day: $26.22

Last trading day: 10/26/2023

Analyst forecast price: $26.02

52-week high/low: $64.58 / $9.77

Shares of DraftKings Inc. are traded on the stock exchange under the ticker DKNG, marking their space in the competitive "Financial" sector. For stakeholders, tracking the dynamic price movement of DKNG is crucial for making informed investment decisions. In a market influenced by myriad factors, predicting the trajectory of these shares becomes both a challenge and a necessity. Predictive analytics and data-driven insights play a pivotal role in forecasting the performance of DKNG. The investors seeking up-to-date and accurate forecasts for DraftKings Inc. shares can turn to resources like Allforecast.com. The website stands out as a reliable tool offering real-time predictions, ensuring that investors are equipped with current and anticipated stock trends. On Allforecast.com, users gain access to a comprehensive analysis and predictions specifically tailored for DKNG, spanning varied timeframes - from the next day's anticipations to weekly, monthly, and yearly forecasts. The platform’s real-time updating mechanism ensures that the forecasted data aligns with the ongoing market trends and economic shifts, offering users actionable insights to optimize their investment strategies. The forecasts integrate a mix of qualitative and quantitative analyses, sector-specific trends within "Financial", and broader market dynamics to present a holistic view of DKNG's expected performance. By leveraging such precise and timely data, investors can strategize their moves, balancing risks and opportunities associated with DraftKings Inc.'s stocks. Navigating through the unpredictable terrains of the stock market requires actionable insights and timely data. Allforecast.com serves as a companion for investors eyeing DKNG, offering them a blend of accuracy and timeliness in predicting stock movements, aiding in informed and strategic investment choices.

Main Headquarters: Situated at 222 BERKELEY STREET, 5TH FLOOR, BOSTON, MA, UNITED STATES, this location serves as the primary hub for all corporate activities.

DraftKings's Current Market Value: As of our last update, it's pegged at $7 822 687 000, indicating its standing in the financial landscape.

Shares Overview: Currently, 448 546 000 shares of DraftKings are actively traded and held by the public.

Last year's EBITDA (Earnings Before Interest, Taxes, and Depreciation) for DraftKings stood at -1 562 627 968$. This figure provides insights into the company's operational profitability. On the other hand, a negative EBITDA hints at DraftKings's current challenges in achieving profitability.

In addition to fundamental factors, stocks are influenced by many other factors. For example, it is worth monitoring all global forecasts for DraftKings shares. Our service will help you with this, in which we collect all forecasts and build one consensus forecast from them.



DraftKings stock forecast

When considering an investment in DraftKings, prospective investors often seek insights on its long-term performance. Our platform consolidates the expert analyses and projections from renowned global analysts to offer a unified consensus forecast for 2023, 2024, 2025, 2026, and 2027.

With these forecasts at your disposal, you can address critical questions like:

What will be the price of one share of DraftKings in the subsequent years including 2023, 2024, 2025, 2026, and 2027?

What consensus have the analysts reached regarding the future performance of DraftKings stock?

Is DraftKings stock a viable option for both short-term and long-term investment?

Is it prudent to sell or hold DraftKings shares in 2023?

Is 2023 the opportune moment to buy DraftKings stock, or is patience a more viable strategy?

What are the anticipated entry and exit points for investing in DraftKings stock, according to expert forecasts?

It’s pivotal to remember that these forecasts are to be utilized as informational resources and not definitive investment advice. The final investment decision rests solely upon the investor, contingent on their risk tolerance, investment goals, and thorough analysis of DraftKings.

Insight into Our Forecasting Process

Our forecasting methodology encompasses the aggregation of public and expert data on DraftKings, coupled with a sophisticated algorithm that calculates a weighted average forecast while eliminating outliers. This ensures that our audience receives a refined and realistic projection of DraftKings stock’s future performance.

DraftKings Daily Share Price Forecast for One Month

Our team has meticulously gathered and analyzed forecasts from a diverse pool of analysts to present a consolidated average daily forecast for DraftKings shares over the upcoming month. It’s essential to bear in mind that short-term predictions can often be subject to significant volatility, influenced by a myriad of dynamic, real-time market factors.

As you scroll, you’ll discover a detailed graph illustrating the consensus forecast for DraftKings stocks over the next 30 days. The gray spectrum of the chart delineates the historical trajectory of the stock’s price, while the turquoise spectrum provides a visual representation of the anticipated price, inclusive of potential fluctuation ranges, offering insights into prospective market trends and stock behaviors.

In the dynamic world of stock trading, analysts and investors closely observe the projected highs and lows of DraftKings shares. Our integrated forecast predicts a peak price of $32.06 in the forthcoming 30 days, indicating the zenith of the stock's potential performance. An encouraging revelation, denoting an upside potential of 22.26% from the current standing.

On the flip side, the stock might plummet to a minimum of $25.06 within the same period. A decline of 4.63% signals caution, nudging investors towards a more conservative stance.

Consequently, a fluctuation corridor emerges, with the stock’s resistance at $32.06 and support at $25.06, indicating the oscillating nature of DraftKings’s stock over the one-month spectrum. These oscillations, while providing trading opportunities, should be navigated with adept knowledge and strategic foresight.

So, what’s the trajectory of DraftKings amidst these projections? The nuances of stock trading and investment are encapsulated in the constant ebb and flow of the market, influenced by intrinsic and extrinsic factors. Hence, a comprehensive, nuanced understanding of market dynamics, coupled with real-time analytics, emerges as the cornerstone for maximizing ROI and mitigating risks.

The evolution of DraftKings’s stock is akin to a narrative unfolding, shaped by myriad factors including market trends, economic indicators, and investor sentiment. Each fluctuation is a chapter of this narrative, offering insights, challenges, and opportunities to the discerning investor.

Evaluating the resilience of the support level is crucial in gauging the future trajectory of DraftKings shares. The anticipation is that the price will hover near the support level for 2 days. The support level at $25.06 appears to be resilient. The likelihood of this support level being breached is minimal, indicating a phase of stability for DraftKings stocks.

It’s imperative to remember the innate unpredictability of the stock market. The actual future value of DraftKings shares is subject to variables beyond predictive analytics. Nonetheless, investors can expect the stock to oscillate within the defined optimistic and pessimistic target price brackets, offering both challenges and opportunities for strategic trading and investment.

Forecast table for 30 days
Date Target Pes. Opt. Vol., %
Oct 29 27.40 26.85 28.05 4.45
Oct 30 27.25 26.55 28.12 5.91
Oct 31 26.65 25.72 27.22 5.83
Nov 01 25.56 25.06 26.41 5.37
Nov 02 25.69 25.42 26.12 2.77
Nov 03 26.56 26.00 27.46 5.61
Nov 04 26.12 25.88 26.48 2.32
Nov 05 26.33 25.89 26.65 2.93
Nov 06 26.55 26.17 26.87 2.65
Nov 07 26.84 26.19 27.63 5.49
Nov 08 27.05 26.41 27.53 4.24
Nov 09 26.69 26.05 27.55 5.77
Nov 10 27.22 26.63 27.54 3.40
Nov 11 28.23 27.68 29.10 5.14
Nov 12 28.95 28.64 29.51 3.05
Nov 13 28.38 27.43 29.13 6.19
Nov 14 29.14 28.87 30.01 3.95
Nov 15 30.08 28.99 30.52 5.27
Nov 16 29.24 28.30 30.04 6.14
Nov 17 28.24 27.70 28.58 3.16
Nov 18 28.01 27.20 28.81 5.93
Nov 19 27.33 26.54 27.59 3.94
Nov 20 27.25 26.60 28.20 5.99
Nov 21 28.37 27.83 29.03 4.31
Nov 22 29.51 28.64 30.34 5.93
Nov 23 30.73 30.40 31.67 4.19
Nov 24 30.91 30.17 31.44 4.19
Nov 25 31.50 30.74 32.06 4.29
Nov 26 30.30 29.67 31.09 4.78
Nov 27 29.55 28.55 29.88 4.66

DraftKings Stock Forecast 29 Oct.

Presumably, on 10/29/2023, the price of shares will be in the range of $26.85 - $28.05. A $1.20 range width can provide 4.45% volatility. The weighted average price of this range is at $27.40, which is $0.99 higher than the previous day's weighted average price.

DraftKings Stock Forecast 30 Oct.

Presumably, on 10/30/2023, the price of shares will be in the range of $26.55 - $28.12. A $1.57 range width can provide 5.91% volatility. The weighted average price of this range is at $27.25, which is $0.15 lower than the previous day's weighted average price.

DraftKings Stock Forecast 31 Oct.

Presumably, on 10/31/2023, the price of shares will be in the range of $25.72 - $27.22. A $1.50 range width can provide 5.83% volatility. The weighted average price of this range is at $26.65, which is $0.60 lower than the previous day's weighted average price.

DraftKings Stock Forecast 01 Nov.

Presumably, on 11/01/2023, the price of shares will be in the range of $25.06 - $26.41. A $1.35 range width can provide 5.37% volatility. The weighted average price of this range is at $25.56, which is $1.09 lower than the previous day's weighted average price.

DraftKings Stock Forecast 02 Nov.

Presumably, on 11/02/2023, the price of shares will be in the range of $25.42 - $26.12. A $0.71 range width can provide 2.77% volatility. The weighted average price of this range is at $25.69, which is $0.14 higher than the previous day's weighted average price.

DraftKings Stock Forecast 03 Nov.

Presumably, on 11/03/2023, the price of shares will be in the range of $26.00 - $27.46. A $1.46 range width can provide 5.61% volatility. The weighted average price of this range is at $26.56, which is $0.87 higher than the previous day's weighted average price.

DraftKings Stock Forecast 04 Nov.

Presumably, on 11/04/2023, the price of shares will be in the range of $25.88 - $26.48. A $0.60 range width can provide 2.32% volatility. The weighted average price of this range is at $26.12, which is $0.44 lower than the previous day's weighted average price.

DraftKings Stock Forecast 05 Nov.

Presumably, on 11/05/2023, the price of shares will be in the range of $25.89 - $26.65. A $0.76 range width can provide 2.93% volatility. The weighted average price of this range is at $26.33, which is $0.21 higher than the previous day's weighted average price.

DraftKings Stock Forecast 07 Nov.

Presumably, on 11/07/2023, the price of shares will be in the range of $26.19 - $27.63. A $1.44 range width can provide 5.49% volatility. The weighted average price of this range is at $26.84, which is $0.29 higher than the previous day's weighted average price.

DraftKings Stock Forecast 08 Nov.

Presumably, on 11/08/2023, the price of shares will be in the range of $26.41 - $27.53. A $1.12 range width can provide 4.24% volatility. The weighted average price of this range is at $27.05, which is $0.21 higher than the previous day's weighted average price.

DraftKings Stock Forecast 09 Nov.

Presumably, on 11/09/2023, the price of shares will be in the range of $26.05 - $27.55. A $1.50 range width can provide 5.77% volatility. The weighted average price of this range is at $26.69, which is $0.35 lower than the previous day's weighted average price.

DraftKings Stock Forecast 10 Nov.

Presumably, on 11/10/2023, the price of shares will be in the range of $26.63 - $27.54. A $0.91 range width can provide 3.40% volatility. The weighted average price of this range is at $27.22, which is $0.53 higher than the previous day's weighted average price.

DraftKings Stock Forecast 11 Nov.

Presumably, on 11/11/2023, the price of shares will be in the range of $27.68 - $29.10. A $1.42 range width can provide 5.14% volatility. The weighted average price of this range is at $28.23, which is $1.00 higher than the previous day's weighted average price.

DraftKings Stock Forecast 12 Nov.

Presumably, on 11/12/2023, the price of shares will be in the range of $28.64 - $29.51. A $0.87 range width can provide 3.05% volatility. The weighted average price of this range is at $28.95, which is $0.72 higher than the previous day's weighted average price.

DraftKings Stock Forecast 13 Nov.

Presumably, on 11/13/2023, the price of shares will be in the range of $27.43 - $29.13. A $1.70 range width can provide 6.19% volatility. The weighted average price of this range is at $28.38, which is $0.57 lower than the previous day's weighted average price.

DraftKings Stock Forecast 14 Nov.

Presumably, on 11/14/2023, the price of shares will be in the range of $28.87 - $30.01. A $1.14 range width can provide 3.95% volatility. The weighted average price of this range is at $29.14, which is $0.77 higher than the previous day's weighted average price.

DraftKings Stock Forecast 15 Nov.

Presumably, on 11/15/2023, the price of shares will be in the range of $28.99 - $30.52. A $1.53 range width can provide 5.27% volatility. The weighted average price of this range is at $30.08, which is $0.93 higher than the previous day's weighted average price.

DraftKings Stock Forecast 16 Nov.

Presumably, on 11/16/2023, the price of shares will be in the range of $28.30 - $30.04. A $1.74 range width can provide 6.14% volatility. The weighted average price of this range is at $29.24, which is $0.84 lower than the previous day's weighted average price.

DraftKings Stock Forecast 17 Nov.

Presumably, on 11/17/2023, the price of shares will be in the range of $27.70 - $28.58. A $0.88 range width can provide 3.16% volatility. The weighted average price of this range is at $28.24, which is $1.00 lower than the previous day's weighted average price.

Read more

DraftKings monthly stock forecast for 2023, 2024, 2025, 2026, 2027.

Table of forecasts for 2023.
Month Target Pes. Opt. Vol., %
Nov. 27.23 24.83 29.63 16.18
Dec. 28.16 27.10 29.71 8.76

Diving into a more comprehensive insight, the monthly consensus forecast is an instrumental resource for investors eyeing DraftKings's performance metrics. These projections are meticulously curated, leveraging insights from renowned global analysts and offering a panoramic view of the anticipated stock behaviour for the current year and beyond.

In the mid-term analysis, forecasting accuracy enhances, attributed to the diminished influence of transient market fluctuations. For this year, the zenith of DraftKings share’s value is anticipated to touch $29.71, offering a robust metric for investment strategies, sans the extremes of varied agency forecasts.

On the contrary, the nadir projections settle at $24.83, delineating the lower threshold and offering a holistic perspective on the risk and return landscape.

Progressing further, we have extrapolated these analytical insights to generate consensus forecasts for subsequent years. The synthesized data, presented in intuitive tabular formats, offers investors, analysts, and enthusiasts a streamlined view into the future of DraftKings stocks.

Anticipated Trends: DraftKings (DKNG) Monthly Stock Trajectory for 2024

Table of forecasts for 2024.
Month Target Pes. Opt. Vol., %
Jan 28.37 27.10 29.06 6.77
Feb 29.50 27.39 31.06 11.81
Mar 30.80 29.54 31.95 7.53
Apr 31.41 28.99 32.62 11.12
May 29.92 27.29 32.49 16.01
Jun 30.38 27.91 32.62 14.45
Jul 31.48 30.31 34.05 10.99
Aug 34.32 33.08 36.74 9.97
Sep 33.87 32.94 35.99 8.49
Oct 31.78 29.44 32.83 10.33
Nov 32.87 31.46 35.72 11.94
Dec 31.49 29.45 34.27 14.05

DraftKings (DKNG) Monthly Stock Prediction for 2025

Table of forecasts for 2025.
Month Target Pes. Opt. Vol., %
Jan 32.40 30.97 34.64 10.60
Feb 33.18 31.61 34.79 9.13
Mar 34.16 32.06 34.92 8.18
Apr 37.92 35.63 39.67 10.20
May 39.17 36.11 40.17 10.08
Jun 38.87 35.45 40.41 12.27
Jul 38.74 35.51 41.43 14.30
Aug 37.34 34.79 39.15 11.12
Sep 34.46 31.92 36.21 11.83
Oct 33.82 31.33 36.39 13.90
Nov 36.12 34.46 37.67 8.54
Dec 36.76 34.62 38.34 9.70



DraftKings (DKNG) Monthly Stock Prediction for 2026

Table of forecasts for 2026.
Month Target Pes. Opt. Vol., %
Jan 39.03 37.91 41.82 9.34
Feb 39.88 38.26 42.91 10.84
Mar 38.22 35.19 39.65 11.24
Apr 40.15 37.28 43.55 14.40
May 39.00 36.30 39.95 9.13
Jun 36.90 33.65 40.07 16.01
Jul 39.13 37.54 41.07 8.59
Aug 42.49 39.97 45.67 12.49
Sep 42.82 39.05 44.28 11.81
Oct 41.22 38.63 43.26 10.69
Nov 39.72 36.53 42.21 13.46
Dec 39.24 37.90 40.10 5.49

DraftKings (DKNG) Monthly Stock Prediction for 2027

Table of forecasts for 2027.
Month Target Pes. Opt. Vol., %
Jan 43.12 41.94 44.88 6.55
Feb 44.93 41.86 47.00 10.93
Mar 39.98 36.69 41.70 12.02
Apr 38.22 36.12 40.75 11.35
May 39.02 36.41 41.73 12.76
Jun 42.24 39.64 45.31 12.51
Jul 40.25 36.75 41.66 11.79
Aug 42.28 39.77 44.37 10.38
Sep 42.28 39.77 45.77 13.11
Oct 42.79 41.71 46.09 9.50
Nov 44.68 42.17 47.67 11.55
Dec 44.97 41.85 48.24 13.23


Denial of responsibility:

All submitted consensus forecasts are exposed to get acquainted with the algorithm for collecting forecasts and bringing them to a single whole. The portal allforecast.com is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.