DraftKings (NASDAQ: DKNG) Stock: Analyst Consensus and Fair-Value Insights

• DraftKings (NASDAQ: DKNG) shares have been volatile, closing at $25.03 on August 20, 2026, and trading well below their 52-week high.
• Wall Street’s consensus view remains positive overall, although analyst ratings and price targets vary by data provider.
• GuruFocus estimated DraftKings’ GF Value at $51.89 when the shares traded at $25.30, while also labeling the stock a “Possible Value Trap.”

DraftKings (NASDAQ: DKNG) is a digital sports entertainment and gaming company. Its products include daily fantasy sports contests, online sports betting, and online casino games. Major competitors include Flutter Entertainment (NYSE: FLUT) and Rush Street Interactive (NYSE: RSI).

DraftKings shares closed at $25.03 on August 20, 2026, after declining 1.11% during the session. The stock’s 52-week range was $20.46 to $48.78, highlighting substantial volatility over the past year. The shares remained well below the 52-week high of $48.78.

Analyst sentiment remains broadly positive, though the exact consensus varies among market-data providers and changes as firms update their coverage. One analyst dataset showed an Average Brokerage Recommendation of 1.63 on a scale where 1 represents a Strong Buy and 5 represents a Strong Sell. That figure was based on 36 recommendations, including 24 Strong Buy ratings and three Buy ratings.

Other data providers similarly described the consensus as Buy or Moderate Buy, with average 12-month price targets in the mid-$30 range. These targets are estimates rather than guarantees and may be revised as DraftKings reports earnings, changes guidance, or faces developments in the online-gaming market.

GuruFocus estimated DraftKings’ GF Value at $51.89 when the shares traded at $25.30. Although this comparison suggested that the shares were trading below GuruFocus’ estimated value, the research firm also assigned a “Possible Value Trap” label. This label indicates that an apparently low valuation alone may not be sufficient, and investors should also consider financial strength, profitability, competition, regulatory exposure, and future growth prospects.