Northland Capital gives a Market perform recommendation for DraftKings Inc (DKNG)

Anna Perez

In a filing, DraftKings Inc revealed its Chief Legal Officer Dodge R Stanton unloaded Company’s shares for reported $1.53 million on Nov 06 ’25. In the deal valued at $29.00 per share,52,777 shares were sold. As a result of this transaction, Dodge R Stanton now holds 500,454 shares worth roughly $15.26 million.

Then, Dodge R Stanton bought 52,777 shares, generating $1,530,533 in total proceeds.

Before that, Woodrow Levin bought 12,500 shares. DraftKings Inc shares valued at $376,245 were divested by the Director at a price of $30.10 per share.

Northland Capital upgraded its DraftKings Inc [DKNG] rating to a Market perform from a an Under perform in a research note published recently. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in early November from “a Buy” to “a Neutral”. Berenberg also remained covering DKNG and has increased its forecast on October 09, 2025 with a “Buy” recommendation from previously “Hold” rating. Mizuho maintained its rating on October 07, 2025. It rated DKNG as “an Outperform”.

Price Performance Review of DKNG

On Tuesday, DraftKings Inc [NASDAQ:DKNG] saw its stock fall -0.15% to $30.5. Over the last five days, the stock has gained 6.59%. DraftKings Inc shares have fallen nearly -21.77% since the year began. Nevertheless, the stocks have fallen -18.02% over the past one year. While a 52-week high of $53.61 was reached on 02/14/25, a 52-week low of $26.23 was recorded on 11/07/25.

Levels Of Support And Resistance For DKNG Stock

The 24-hour chart illustrates a support level at 30.04, which if violated will result in even more drops to 29.58. On the upside, there is a resistance level at 30.84. A further resistance level may holdings at 31.19.

How much short interest is there in DraftKings Inc?

A steep rise in short interest was recorded in DraftKings Inc stocks on 2025-10-31, growing by 2.89 million shares to a total of 34.15 million shares. Yahoo Finance data shows the prior-month short interest on 2025-09-30 was 31.26 million shares. There was a rise of 8.47%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on October 06, 2025 when Jefferies resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $51.

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