Citi Maintains DraftKings(DKNG.US) With Buy Rating, Raises Target Price to $59

花旗維持DraftKings(DKNG.US)買入評級，上調目標價至59美元

moomoo資訊 · 2024/11/09 22:32 · 評級/大行評級

Citi analyst Steven Sheeckutz maintains $DraftKings (DKNG.US)$ with a buy rating, and adjusts the target price from $55 to $59.

According to TipRanks data, the analyst has a success rate of 75.0% and a total average return of 7.7% over the past year.

AnalystRecentRatingAutoNews_78920024282092_20241108_c053d866ec0c8a565ddeeb6be999fcb0635e274c_1731162713998688_mm_en

Furthermore, according to the comprehensive report, the opinions of $DraftKings (DKNG.US)$'s main analysts recently are as follows:

DraftKings' Q3 revenue fell short of the market expectations, while its adjusted EBITDA surpassed consensus. The company adjusted its 2024 outlook owing to customer favorable results at the start of Q4 but confirmed its 2025 adjusted EBITDA forecast. Additionally, management indicated a number of factors that could potentially contribute to a more positive 2025 outlook.
Analysts note that following the company's quarterly call, the Q4 guidance appears conservative, implying minimal expectation of favorable shifts for sports books by the end of the year. More crucially, there is an increased confidence in the company's 2025 projections, which, despite not accounting for potential developments in Missouri, suggest several core performance metrics at the mid-point. These include a 15% growth in iGaming, an 11% increase in market-wide handle growth for oriented strand board, and a steady handle market share.
Following the Q3 report, it is noted that while the company's disclosures are becoming more transparent, there remain uncertainties surrounding its forward-looking statements. It's observed that the current market valuation of the company's shares reflects expectations of exceptionally strong performance by the year 2025.

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

花旗分析師Steven Sheeckutz維持$DraftKings (DKNG.US)$買入評級，並將目標價從55美元上調至59美元。

根據TipRanks數據顯示，該分析師近一年總勝率為75.0%，總平均回報率為7.7%。

AnalystRecentRatingAutoNews_78920024282092_20241108_c053d866ec0c8a565ddeeb6be999fcb0635e274c_1731162713998688_mm_tc

此外，綜合報道，$DraftKings (DKNG.US)$近期主要分析師觀點如下：

draftkings第三季度營業收入未達市場預期，而其調整後的EBITDA超出共識。由於第四季度初客戶有利成果，公司調整了2024年展望，但確認了其2025年調整後的EBITDA預測。此外，管理層指出了一些可能有助於更積極2025年展望的因素。
分析師指出，在公司季度電話會議後，第四季度指引顯得保守，暗示了對今年年底體育書籍有利變化的最低期望。更爲關鍵的是，對公司2025年預測表現出增強的信心，儘管沒有考慮到密蘇里州的潛在發展，但暗示了一些核心表現指標處於中間水平。
根據第三季度報告，儘管該公司的披露變得更加透明，但其前瞻性聲明仍存在不確定性。觀察到公司股票的當前市場估值反映了對到2025年表現異常強勁的期望。

提示:

TipRanks為獨立第三方，提供金融分析師的分析數據，並計算分析師推薦的平均回報率和勝率。提供的信息並非投資建議，僅供参考。本文不對評級數據和報告的完整性與準確性做出認可、聲明或保證。

TipRanks提供每位分析師的星級，分析師星級代表分析師所有推薦的過往表現，通過分析師的總勝率和平均回報率综合計算得出，星星越多，則該分析師過往表現越優異，最高爲5颗星。

分析師總勝率為近一年分析師的評級成功次數占總評級次數的比率。評级的成功與否，取決於TipRanks的虚擬投資組合是否從該股票中產生正回報。

總平均回報率為基於分析師的初始評級創建虚擬投資組合，並根據評級變化對組合進行調整，在近一年中該投資組合所獲得的回報率。

声明：本內容僅用作提供資訊及教育之目的，不構成對任何特定投資或投資策略的推薦或認可。更多信息

Citi Maintains DraftKings(DKNG.US) With Buy Rating, Raises Target Price to $59

Citi Maintains DraftKings(DKNG.US) With Buy Rating, Raises Target Price to $59

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