Fintel reports that on November 4, 2025, BMO Capital maintained coverage of DraftKings (NasdaqGS:DKNG) with a Outperform recommendation.
Analyst Price Forecast Suggests 70.47% Upside
As of October 30, 2025, the average one-year price target for DraftKings is $52.11/share. The forecasts range from a low of $30.30 to a high of $72.45. The average price target represents an increase of 70.47% from its latest reported closing price of $30.57 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for DraftKings is 4,345MM, a decrease of 19.68%. The projected annual non-GAAP EPS is -1.85.
What is the Fund Sentiment?
There are 1,363 funds or institutions reporting positions in DraftKings. This is unchanged over the last quarter. Average portfolio weight of all funds dedicated to DKNG is 0.40%, an increase of 10.08%. Total shares owned by institutions increased in the last three months by 1.54% to 519,436K shares. 
The put/call ratio of DKNG is 0.45, indicating a bullish outlook.
What are Other Shareholders Doing?
Wellington Management Group Llp holds 23,360K shares representing 4.71% ownership of the company. In its prior filing, the firm reported owning 19,033K shares , representing an increase of 18.52%. The firm increased its portfolio allocation in DKNG by 49.55% over the last quarter.
T. Rowe Price Investment Management holds 18,901K shares representing 3.81% ownership of the company. In its prior filing, the firm reported owning 18,700K shares , representing an increase of 1.06%. The firm increased its portfolio allocation in DKNG by 24.60% over the last quarter.
Janus Henderson Group holds 16,756K shares representing 3.38% ownership of the company. In its prior filing, the firm reported owning 15,026K shares , representing an increase of 10.33%. The firm increased its portfolio allocation in DKNG by 21.30% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 15,181K shares representing 3.06% ownership of the company. In its prior filing, the firm reported owning 14,685K shares , representing an increase of 3.27%. The firm increased its portfolio allocation in DKNG by 19.12% over the last quarter.
JDCAX - Janus Henderson Forty Fund holds 12,817K shares representing 2.58% ownership of the company. In its prior filing, the firm reported owning 11,697K shares , representing an increase of 8.73%. The firm increased its portfolio allocation in DKNG by 21.11% over the last quarter.
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