how high will dkng stock go

As of 1140 am. I have owned DKNG since it was traded at 20 but the share price has ran up like.

Draftkings Dkng Testing October S All Time High

This implies upside potential of 108 from todays levels.

. John Eade of Argus Research is giving DKNG a price point of 60. DKNG is currently trading in the 20-30 percentile range relative to its. The lowest target is 1616 and.

According to 37 stock analysts the average 12-month stock price forecast for DKNG stock is 2697 which predicts an increase of 6276. Enter up to 40 stock symbols below separated by commas and ETF Channels ETF Finder will list those ETFs containing those. Overall the correction seems overdone for DKNG stock.

Financially DraftKings DKNG 172 as a company seems primed to only go up. How high can DraftKings stock go. Not an offer or recommendation by Stocktwits.

In my last article I wrote that DKNG stock is worth 8093 per share. Shares of DraftKings DKNG 337 rose on Tuesday following analyst commentary. The 52-week high for DraftKings stock is 5130.

DraftKings had guided its adjusted EBITDA to be between negative 825 million to 925 million Thus the company expects its FY22 adjusted EBITDA margin to be about -455. DraftKings Inc 1270. This is based on a 15 times EV-EBITDA earnings before interest taxes depreciation and amortization.

Near term whether the stock moves up or down will largely depend. The Top 7 Marijuana Stocks to Buy for January DKNG Stock and the Compeititon. ET the sports book operators stock price was up more than 3.

According to a DCF analysis DKNG share price can reach as high as 7174 per share. Micael Graham analyst for Canaccord Genuity thinks DraftKings stock will reach 80. We can compare DKNG stock to Golden Nugget Online Gaming NASDAQGNOG which went.

The Score for DKNG is 26 which is 48 below its historic median score of 50 and infers higher risk than normal. The stock has traded. DraftKings Inc NASDAQ Updated Oct 10 2022 454 PM.

DraftKings NASDAQDKNG shares are down some 40 year to date and 75 from all-time highsBut in my opinion the shares are still far from attractively. The current DraftKings stock price 1657 is 6770 below its 52-week high. ETF Finder Enter Stocks.

DraftKings Inc DKNG stock is trading at 1487 as of 1201 PM on Monday Oct 10 a loss of -170 or -1026 from the previous closing price of 1657. I will preface by saying that I am very bullish on DraftKings and the online sports betting industry as a whole. Currently the stock has a median price forecast of 45.

The stock on the other hand faces a push and pull between a high valuation and the positive.

Why Dkng Stock Is No Layup At 16 Investorplace