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Barchart

Amit Singh

DraftKings Stock Price Prediction 2025: Can DKNG Soar 50% to $62 This Year?

DraftKings DKNG Sportsbook NBA

DraftKings (DKNG) stock, which took a hit from its lower-than-expected third-quarter revenue and 2024 guidance cut, has started 2025 on a positive note. Shares of this digital sports entertainment and gaming company are up about 10.5%, outperforming the S&P 500 Index ($SPX).

As DraftKings stock is trending higher, at least one Wall Street analyst expects shares to reach $62, the Street-high price target. This represents 5% upside from its last closing price of $40 on Jan. 14. Let’s dive deeper into DKNG stock’s outlook for 2025.

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