DraftKings Inc. (NASDAQ: DKNG) is a top low-cost stock to buy now, with Canaccord Genuity lowering the price target to $50 from $54 on February 3. State reports showed slowing handle trends in December and January, but Q4 2025 results are expected to meet expectations despite the decline.

Rothschild & Co Redburn also adjusted DraftKings’ price target to $35 from $37 on January 30, citing a likely revenue miss for operators due to Q4 state data. Despite expectations for revenue growth moderation in 2026, the firm believes the World Cup will boost online sports betting growth for operators.

DraftKings operates as a digital sports entertainment and gaming company, offering online sports betting, daily fantasy sports, media, and digital lottery courier services. While DKNG has investment potential, other AI stocks may offer greater upside potential and less downside risk for investors looking for undervalued options.

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Read more at Yahoo Finance: Canaccord Adjusts DraftKings (DKNG) Amid Slowing State Handle Trends Despite Resilient Q4 Performance