Jefferies Sticks to Its Buy Rating for DraftKings (DKNG)

Jefferies analyst David Katz reiterated a Buy rating on DraftKings today and set a price target of $46.00.

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According to TipRanks, Katz is a 4-star analyst with an average return of 6.0% and a 45.55% success rate. Katz covers the Consumer Cyclical sector, focusing on stocks such as DraftKings, Vail Resorts, and Red Rock Resorts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for DraftKings with a $34.83 average price target.

Based on DraftKings’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.99 billion and a net profit of $136.43 million. In comparison, last year the company earned a revenue of $1.39 billion and had a GAAP net loss of $134.85 million

Based on the recent corporate insider activity of 141 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of DKNG in relation to earlier this year. Most recently, in February 2026, Harry Sloan, a Director at DKNG bought 100,000.00 shares for a total of $2,185,000.00.