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Understanding the Tailwind Behind DraftKings Shares.

DraftKings stock is trading -29.3% below its average target price of $44.81 after marking a 7.6% during today's afternoon session. Analysts are giving the Large-Cap Leisure company an average rating of buy and target prices ranging from $30.0 to $73.0 per share.

DraftKings has an average level of shares sold short, at 7.0% of its total share float. The stock's short ratio (also called days to cover) is 1.6. The company's insiders own 2.46% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.

Institutional investors own 84.5% of DraftKings's shares, which indicates they have a high level of confidence in the company.

Institutions Invested in DraftKings

Date Reported Holder Percentage Shares Value
2025-09-30 Tudor Investment Corp Et Al 14% 69,550,000 $2,203,344,021
2025-09-30 Vanguard Group Inc 9% 43,403,747 $1,375,030,718
2025-09-30 Blackrock Inc. 5% 27,134,206 $859,611,654
2025-09-30 FMR, LLC 5% 24,184,450 $766,163,383
2025-09-30 Wellington Management Group, LLP 4% 19,543,056 $619,124,020
2025-09-30 T. Rowe Price Investment Management, Inc. 4% 18,865,763 $597,667,377
2025-09-30 Janus Henderson Group PLC 3% 16,788,986 $531,875,081
2025-09-30 Viking Global Investors, L.P. 3% 15,003,351 $475,306,164
2025-09-30 AQR Capital Management, LLC 2% 11,685,672 $370,202,092
2025-09-30 State Street Corporation 2% 9,931,104 $314,617,377
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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