DraftKings (DKNG) Receives a Buy from Bernstein

In a report released yesterday, Ian S. Moore from Bernstein maintained a Buy rating on DraftKings, with a price target of $30.00.

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S. Moore covers the Communication Services sector, focusing on stocks such as TKO Group Holdings, Spotify, and Live Nation Entertainment. According to TipRanks, S. Moore has an average return of -9.2% and a 36.84% success rate on recommended stocks.

In a report released today, Jefferies also reiterated a Buy rating on the stock with a $46.00 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.