Fintel reports that on April 24, 2026, MoffettNathanson downgraded their outlook for DraftKings (BIT:1DKNG) from Buy to Neutral.

Analyst Price Forecast Suggests 62.60% Upside

As of April 19, 2026, the average one-year price target for DraftKings is €31.06/share. The forecasts range from a low of €20.62 to a high of €67.89. The average price target represents an increase of 62.60% from its latest reported closing price of €19.10 / share.

See our leaderboard of companies with the largest price target upside.

The projected annual revenue for DraftKings is 7,275MM, an increase of 20.16%. The projected annual non-GAAP EPS is 1.49.

What is the Fund Sentiment?

There are 799 funds or institutions reporting positions in DraftKings. This is an decrease of 516 owner(s) or 39.24% in the last quarter. Average portfolio weight of all funds dedicated to 1DKNG is 0.37%, an increase of 4.63%. Total shares owned by institutions decreased in the last three months by 17.19% to 419,958K shares.

What are Other Shareholders Doing?

Janus Henderson Group holds 25,314K shares representing 5.11% ownership of the company. In its prior filing, the firm reported owning 16,789K shares , representing an increase of 33.68%. The firm increased its portfolio allocation in 1DKNG by 34.18% over the last quarter.

Viking Global Investors holds 19,120K shares representing 3.86% ownership of the company. In its prior filing, the firm reported owning 15,003K shares , representing an increase of 21.53%. The firm increased its portfolio allocation in 1DKNG by 20.00% over the last quarter.

Capital World Investors holds 18,626K shares representing 3.76% ownership of the company. In its prior filing, the firm reported owning 6,618K shares , representing an increase of 64.47%. The firm increased its portfolio allocation in 1DKNG by 158.17% over the last quarter.

Aqr Capital Management holds 16,474K shares representing 3.32% ownership of the company. In its prior filing, the firm reported owning 11,686K shares , representing an increase of 29.07%. The firm decreased its portfolio allocation in 1DKNG by 74.94% over the last quarter.

T. Rowe Price Investment Management holds 11,337K shares representing 2.29% ownership of the company. In its prior filing, the firm reported owning 18,866K shares , representing a decrease of 66.40%. The firm decreased its portfolio allocation in 1DKNG by 42.83% over the last quarter.