DKNG shares expected to outperform in the next 12 months

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. DraftKings Inc shares valued at $6,174,909 were sold by Dodge R Stanton on Jun 18 ’25. At $39.00 per share, Dodge R Stanton sold 158,331 shares. The insider’s holdings dropped to 504,381 shares worth approximately $21.56 million following the completion of this transaction.

Also, Dodge R Stanton purchased 158,331 shares, netting a total of over 6,174,909 in proceeds.

Before that, Dodge R Stanton had sold 52,777 shares from its account. In a trade valued at $1,767,549, the Chief Legal Officer traded DraftKings Inc shares for $33.49 each. Upon closing the transaction, the insider’s holdings decreased to 52,777 shares, worth approximately $22.08 million.

As published in their initiating research note from JP Morgan on June 23, 2025, DraftKings Inc [DKNG] has been an Overweight and the price target has been revised to $50. Analysts at Bernstein started covering the stock with ‘”an Outperform”‘ outlook in a report released in early June. As of April 22, 2025, BTIG Research has reiterated its “Buy” rating for DKNG. Earlier on January 08, 2025, Susquehanna resumed its rating. Their recommendation was “a Positive” for DKNG stock.

Analyzing DKNG Stock Performance

On last trading session,, DraftKings Inc [NASDAQ: DKNG] plunged -0.16% to $42.74. The stock’s lowest price that day was $42.53, but it reached a high of $43.49 in the same session. During the last five days, there has been a surge of approximately 12.12%. Over the course of the year, DraftKings Inc shares have jumped approximately 1.79%. Shares of the company reached a 52-week high of $53.61 on 02/14/25 and a 52-week low of $29.64 on 04/04/25.

Support And Resistance Levels for DraftKings Inc (DKNG)

According to the 24-hour chart, there is a support level at 42.35, which, if violated, would cause prices to drop to 41.96. In the upper region, resistance lies at 43.31. The next price resistance is at 43.88. RSI (Relative Strength Index) is 72.41 on the 14-day chart, showing overbought technical sentiment.

Is DraftKings Inc subject to short interest?

Stocks of DraftKings Inc saw a sharp steep in short interest on 2025-05-30 dropping by -0.82 million shares to 26.98 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 27.8 million shares. A decline of -3.04% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 2.6 of the overall float, the days-to-cover ratio (short ratio) decline to 2.6.

Which companies own the most shares of DraftKings Inc (DKNG)?

In terms of DraftKings Inc share price expectations, FactSet research, analysts set an average price target of 59 in the next 12 months, up nearly 37.82% from the previous closing price of $42.81. Analysts anticipate DraftKings Inc stock to reach 65 by 2025, with the lowest price target being 46. In spite of this, 37 analysts ranked DraftKings Inc stock as Buy at the end of 2025. On October 18, 2024, Mizuho assigned a price target of “an Outperform” to the stock and reiterated coverage with a $62.

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