DraftKings stock seen rising 14% in a year but unlikely to double by 2026, says 24/7 Wall St.

DraftKings shares have rallied recently but remain down year-to-date. The company posted strong Q1 2026 results with revenue and EBITDA beats, though EPS missed estimates. 24/7 Wall St. sets a 12-month price target of $32.87, implying 14% upside from current levels, and a buy rating with high confidence. While a bull case sees potential near $49.50 driven by new product launches and margin expansion, risks include declining monthly payers and negative cash flow. Doubling to $57 by year-end 2026 is not expected under the current model.