DraftKings stock sits 78.31 percent below USD 33.70 target

Published on 10/17/2026 at 19:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Zacks Research cut DraftKings to strong sell on October 15, 2026. DraftKings stock last stood at USD 18.90 on October 16, 2026, down 2.12 percent on Nasdaq.

Analyst views and reporting date

MarketBeat listed a USD 33.70 consensus target on October 15, 2026, 78.31 percent above the stock price.
Zacks Research cut DraftKings from hold to strong sell on October 15, 2026.
DraftKings stock last stood at USD 18.90 on October 16, 2026 at 4:00 p.m. ET, down 2.12 percent versus the Nasdaq close of October 15, 2026.
DraftKings is scheduled to report third-quarter results on November 5, 2026.

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DraftKings stock sits 78.31 percent below the USD 33.70 average analyst target cited by MarketBeat on October 15, 2026. DraftKings stock last stood at USD 18.90 on October 16, 2026 at 4:00 p.m. ET, down 2.12 percent versus the Nasdaq close of October 15, 2026.

Zacks changes its view

The latest analyst signal was negative. MarketBeat reported that Zacks Research downgraded DraftKings from hold to strong sell on October 15, 2026. The broader consensus remained Moderate Buy with an average target of USD 33.70, creating a wide gap between the prevailing rating mix and the latest downgrade.

Range and turnover

The stock ended October 16, 2026 at USD 18.90, only 3.00 percent above its 52-week low of USD 18.35 and 48.89 percent below its 52-week high of USD 36.98. Trading volume reached 19,021,925 shares, 45.26 percent above the average volume of 13,094,725 shares.

Valuation and November date

DraftKings had a market capitalization of USD 9.4 billion and a negative price-to-earnings ratio of -58.99 as of October 16, 2026. The next scheduled corporate date is the third-quarter results release on November 5, 2026, as reported by Casino.org.

What the target gap means

The USD 14.80 difference between the consensus target and the October 16 closing price is the central valuation marker. It does not remove the counterweight from the October 15 downgrade, which points to a sharply divided analyst picture rather than a uniform signal.

Market position

DraftKings operates online sports betting, daily fantasy sports and internet casino products through mobile applications and websites, according to MarketBeat. The next results date gives investors a concrete checkpoint for testing the competing analyst views.

Price and next checkpoint

DraftKings stock last stood at USD 18.90 on Nasdaq on October 16, 2026 at 4:00 p.m. ET, down 2.12 percent versus the Nasdaq close of October 15, 2026. The further course of trading is shown by the continuously updated real-time quote of DraftKings stock.