The question in our headline has a short answer based on our proprietary model: probably not in 2026. But the longer answer is more interesting, because the bull case scenario for DraftKings (NASDAQ:DKNG | DKNG Price Prediction) does get close to doubling within 12 months, and DKNG’s Predictions launch could reset the entire valuation conversation before year-end.

Our 24/7 Wall St. price target for DraftKings is $26.64, implying a modest 5.3% upside from the $25.30 close on June 2, 2026. The recommendation is buy, with a high 90% confidence score driven by strong analyst consensus and accelerating earnings.

24/7 Wall St. Price Target Summary