CeeDee Lamb Fantasy Projection 2026: Should You Draft the Cowboys WR In Fantasy Football?

CeeDee Lamb's red zone target rate fell to 25% and George Pickens took over. Is the Cowboys WR still worth a first-round fantasy football pick in 2026?

CeeDee Lamb was an interesting fantasy football discussion point throughout last season, especially with George Pickens joining the team and looking great. Who is the alpha of this passing game? Can both produce at a high level, or is it a “take turns” sort of thing?

It was the Pickens show in 2025, but that hasn’t stopped managers from showing confidence that this offense can operate like the Bengals’ and make everyone happy. It’s up to us to determine if Lamb will reestablish himself as the true WR1, or if this is a co-star situation where some down weeks are to be expected when the other party thrives.

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Should You Draft CeeDee Lamb In Fantasy Football?

Lamb came out of the gates with a pair of 110-yard performances last season (a cumulative 16 catches on 24 targets for 222 yards), proving that he was still to be viewed as “the guy” in Big D, even with Pickens joining the mix. In those contests, the Cowboys totaled 60 points, and the incumbent WR1 had more catches than the newcomer had targets.

That disparity didn’t last. Lamb did get banged up in Week 3, which needs to be noted, but it was clear that as the Dak Prescott–Pickens connection gained reps, the role of “primary target” was no longer a given for Lamb.

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The upside remained, however. In the second half of the season, he ripped off three straight 110+ yard games, and that was with Pickens on a run of his own (18 catches for 290 yards and two touchdowns in the two games prior to Lamb’s spurt).

And therein lies the problem.

Of the 13 healthy games they played together, Lamb led Pickens in PPR points seven times. The week-over-week swings have the potential to be dramatic. When looking at the percentage of total points Lamb scored between the duo, here is the 2025 recap by game (starting with their first healthy game together):

Game Lamb’s Share of the Duo’s PPR Points
1 75.0%
2 53.2%
3 64.3%
4 49.7%
5 52.7%
6 37.4%
7 28.0%
8 59.0%
9 67.5%
10 73.1%
11 29.9%
12 44.9%
13 42.4%

In total, his numbers were fine, and that’s very likely to be the case moving forward. But can you rely on him enough week in and week out to justify making him a first-round selection?

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It ultimately depends on your willingness to take on risk. Lamb’s year-end numbers could very well land where you expect them to, but if he gets there the same way he did last season (through drastic peaks and valleys), you’re going to be left wanting more.

The red flags from 2025 were real. We could write off the career-low touchdown total as variance, but digging into his profile reveals a deeper issue.

His 25% red-zone target rate was down from 29.2% over the two seasons prior. Extend the range on the field, and you’ll notice a similar trend (a 25.9% target rate in enemy territory, down from 30.1% in 2024). And the targets he has earned on the plus side of the field? Those have been dipping in value for a while now, and we have no real reason to think that changes in 2026.

Season Fantasy Points Per Target (Opponent Territory)
2022 2.54
2023 2.23
2024 1.57
2025 1.31

Lamb remains a high-end talent, but fantasy is as much a game of situation as anything else. After extensively researching this profile, I fear we may be setting ourselves up for disappointment relative to his draft cost.

Preseason Fantasy WR Rankings

  1. Ja’Marr Chase | CIN
  2. Puka Nacua | LAR
  3. Jaxon Smith-Njigba | SEA
  4. Amon-Ra St. Brown | DET
  5. Drake London | ATL
  6. Justin Jefferson | MIN
  7. CeeDee Lamb | DAL
  8. Nico Collins | HOU
  9. A.J. Brown | NE
  10. Malik Nabers | NYG
  11. George Pickens | DAL
  12. Chris Olave | NO
  13. Rashee Rice | KC
  14. Zay Flowers | BAL
  15. Jaylen Waddle | DEN
  16. Tee Higgins | CIN
  17. DeVonta Smith | PHI
  18. Ladd McConkey | LAC
  19. Terry McLaurin | WAS
  20. Emeka Egbuka | TB
  21. Tetairoa McMillan | CAR
  22. Garrett Wilson | NYJ
  23. Jameson Williams | DET
  24. Christian Watson | GB
  25. Luther Burden III | CHI
  26. Rome Odunze | CHI
  27. Parker Washington | JAX
  28. Carnell Tate | TEN
  29. DJ Moore | BUF
  30. Marvin Harrison Jr. | ARI
  31. Davante Adams | LAR
  32. Brian Thomas Jr. | JAX
  33. Quentin Johnston | LAC
  34. Mike Evans | SF
  35. Stefon Diggs | WAS
  36. Michael Wilson | ARI
  37. DK Metcalf | PIT
  38. Jakobi Meyers | JAX
  39. Josh Downs | IND
  40. Michael Pittman Jr. | PIT
  41. Jayden Reed | GB
  42. Courtland Sutton | DEN
  43. Wan’Dale Robinson | TEN
  44. Chris Godwin Jr. | TB
  45. Alec Pierce | IND
  46. Makai Lemon | PHI
  47. Jordan Addison | MIN
  48. De’Zhaun Stribling | SF
  49. Khalil Shakir | BUF
  50. Romeo Doubs | NE

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