Rosenblatt Securities analyst Bernie McTernan maintained a Buy rating on DraftKings (NASDAQ:DKNG) on Monday, setting a price target of $65, which is approximately 31.98% above the present share price of $49.25.
McTernan expects DraftKings to post earnings per share (EPS) of -$0.98 for the fourth quarter of 2020.
The current consensus among 22 TipRanks analysts is for a Moderate Buy rating of shares in DraftKings, with an average price target of $61.
The analysts price targets range from a high of $100 to a low of $39.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $132.84 million and a net profit of -$348.36 million. The company's market cap is $19.29 billion.