DraftKings Inc.

• DKNG Stock Price 24h change: +3.53%. From 34.32 USD to 35.53 USD. The stock jumped following a significant upgrade from Wells Fargo, which raised its price target and improved the rating, overshadowing broader industry concerns.
• From a technical perspective, DKNG is currently testing a "critical resistance zone" near $37.50, which has previously capped rallies. While the long-term trend remains positive with support holding at the 40-day and 50-day moving averages, the stock is showing high volatility (SVS of 94/100) and remains 33% below its 52-week high, suggesting a phase of recovery amid heavy supply at higher levels.
• Wells Fargo upgraded DraftKings to "Overweight" on Jan 15, 2026, aggressively hiking the price target from $31 to $49, citing robust profit growth potential for the digital gaming sector in 2026.
• DraftKings integrated "Gamalyze," an AI-driven behavioral analytics tool, into its Responsible Gaming Center on Jan 14 to enhance player protection and meet tightening regulatory standards.
• Truist Securities recently lowered its DKNG price target to $43, expressing caution over near-term launch costs for the new prediction app and increasing competition from FanDuel’s similar offerings.
• Georgia state legislators introduced a major bill on Jan 15 to legalize online sports betting, potentially opening a massive new market for up to 18 licensed operators.
• The federal government issued a sweeping indictment on Jan 15 involving a point-shaving scheme across 17 schools, heightening industry-wide scrutiny over integrity and regulatory guardrails.