Rating Change
Susquehanna reiterated its Positive rating on DraftKings Inc. (NASDAQ:DKNG) on October 08, 2026.
reiterateNASDAQ:DKNG
Susquehanna Reiterates Positive Rating on DraftKings Inc. (DKNG)
Susquehanna reiterated its Positive rating on DraftKings Inc. (NASDAQ:DKNG) on October 08, 2026.
At publication ·
What changed
DraftKings Inc. (NASDAQ:DKNG) · reiterate
- Firm
- Susquehanna
- Rating
- Positive to Positive
- Price at event
- $19.87
- Market capitalization
- $17.4B
At a glance
Key takeaways
- Susquehanna reiterated a Positive rating on DraftKings (DKNG) on October 8, 2026, with the stock trading at $19.87 and a market cap of $17.4 billion.
Market Context
DraftKings Inc. operates in the Consumer Cyclical sector. The stock currently trades at $19.87 with a market capitalization of $17.4B. The stock has declined 39.2% over the past 52 weeks.
Analyst coverage from Susquehanna provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for DraftKings Inc.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for DraftKings Inc.
Among the 10 most recent ratings: 9 Buy, 1 Hold, 0 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Oct 08, 2026 | Susquehanna | Positive | N/A |
| Oct 07, 2026 | Macquarie | Outperform | N/A |
| Oct 07, 2026 | Guggenheim | Buy | N/A |
| Oct 05, 2026 | B of A Securities | Buy | N/A |
| Oct 01, 2026 | BTIG | Buy | N/A |
Related Tools: Analyst Ratings Dashboard | View DKNG Stock Page
Frequently Asked Questions
What does the Positive rating mean for DKNG?
A rating of Positive from Susquehanna reflects the analyst's outlook on DraftKings Inc. (NASDAQ:DKNG). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the DKNG forecast page.
