
Stifel Downgrades DraftKings to Hold, Cuts Target to $21
BTIG and Needham kept buy ratings and lowered their price targets to $23 and $25.
DraftKings Inc. · Nasdaq · Services-Miscellaneous Amusement & Recreation

BTIG and Needham kept buy ratings and lowered their price targets to $23 and $25.
| Date | Insider | Trade | Shares | Avg. price | Value |
|---|---|---|---|---|---|
| Nov. 11, 2026 | Gregory Westin Wendt director | Bought | 5,000 | $19.76 | $98,800 |
| Nov. 9, 2026 | Alan Wayne Ellingson Chief Financial Officer | Bought | 18,908 | $18.51 | $349,987 |
| Aug. 19, 2026 | Jocelyn Moore director | Sold 10b5-1 plan | 10,759 | $24.05 | $258,754 |
Open-market purchases and sales reported on SEC Form 4 filed since July 24, 2026; grants, option exercises and shares withheld for tax aren't shown. A trade under a 10b5-1 plan was scheduled in advance. Where a filing was amended, the amendment's figures are shown.
Results of operations and financial condition · Financial statements and exhibits
AI summary, unreviewedDraftKings Q3 2026 Adjusted EPS -$0.53 Misses -$0.25 Consensus as Revenue Grows 16% to $1.33 Billion; FY2026 Revenue and Adjusted EBITDA Guidance Cut