DraftKings (DKNG) Maintains Overweight Rating with Raised Price Target of $52.00.

Morgan Stanley has maintained its "Overweight" rating for DraftKings (DKNG) and raised its price target from $51 to $52, a 1.96% increase. The average target price for DKNG is $52.96, with a high estimate of $75 and a low estimate of $36, indicating an upside of 22.18% from the current price of $43.35. The average brokerage recommendation is 1.9, indicating "Outperform" status.

On July 11, 2025, Morgan Stanley maintained its "Overweight" rating for DraftKings (DKNG), a prominent player in the digital sports entertainment and gaming sector. Stephen Grambling, an analyst at Morgan Stanley, increased the price target for DraftKings from $51.00 to $52.00 USD, marking a 1.96% increase from the previous target [1].

The latest revision from Morgan Stanley reaffirms the firm's confidence in DraftKings and its future performance in the competitive market. This positive sentiment is echoed in the broader analyst community. Based on the one-year price targets offered by 33 analysts, the average target price for DraftKings Inc. (DKNG) is $52.96, with a high estimate of $75.00 and a low estimate of $36.00. This average target implies an upside of 22.18% from the current price of $43.35 [1].

The consensus recommendation from 36 brokerage firms also indicates a favorable outlook for DraftKings. The average brokerage recommendation is currently 1.9, indicating an "Outperform" status. This rating scale ranges from 1 to 5, where 1 signifies a Strong Buy and 5 denotes a Sell [1].

GuruFocus estimates further support the positive outlook. According to GuruFocus, the estimated GF Value for DraftKings Inc. (DKNG) in one year is $60.43, suggesting an upside of 39.4% from the current price of $43.35. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at, calculated based on historical multiples and future estimates of the business' performance [1].

In summary, Morgan Stanley's maintained "Overweight" rating and increased price target for DraftKings reflect a positive outlook from analysts and investors. The company's strong market position and growth potential are evident in the various analyst ratings and price targets.

References:
[1] https://www.gurufocus.com/news/2972672/draftkings-dkng-maintains-overweight-rating-as-price-target-raised-dkng-stock-news