J.P. Morgan Keeps Their Buy Rating on DraftKings (DKNG)

J.P. Morgan analyst Daniel Politzer maintained a Buy rating on DraftKings today and set a price target of $51.00. The company’s shares closed yesterday at $35.50.

Elevate Your Investing Strategy:

• Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Politzer covers the Consumer Cyclical sector, focusing on stocks such as DraftKings, Caesars Entertainment, and Churchill Downs. According to TipRanks, Politzer has an average return of 8.4% and a 51.71% success rate on recommended stocks.

In addition to J.P. Morgan, DraftKings also received a Buy from Bernstein’s Ian S. Moore in a report issued yesterday. However, on October 13, Northland Securities maintained a Sell rating on DraftKings (NASDAQ: DKNG).

DKNG market cap is currently $31.58B and has a P/E ratio of -54.40.

Based on the recent corporate insider activity of 137 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DKNG in relation to earlier this year. Most recently, in August 2025, Ryan R Moore, a Director at DKNG sold 76,390.00 shares for a total of $3,507,498.85.