| Type: | town |
| County: | Olt |
| Official Name: | Drăgănești-Olt |
| Leader Name: | Marian-Viorel Tudorică[1] |
| Leader Party: | PNL |
| Term: | 2020 - 2024 |
| Coordinates: | 44.1697°N 24.53°W |
| Elevation: | 68 |
| Elevation Min: | 40 |
| Elevation Max: | 100 |
| Area Total: | 78.88 |
| Population Total: | auto |
| Postal Code: | 235400 |
| Area Code: | (+40) 02 49 |
Drăgănești-Olt (in Romanian; Moldavian; Moldovan pronounced as /drəɡəˌneʃtʲ ˈolt/) is a town in Olt County, Muntenia, Romania. The first document mentioning it is from 1526. Drăgănești-Olt became a town in 1968. The town administers one village, Comani.
The town is situated on the Wallachian Plain. It lies on the left bank of the river Olt, at an altitude of approximately . It is located in the central part of Olt County, at a distance of from the county seat, Slatina, and north of Turnu Măgurele.
The town is crossed by county road DJ546, which meets national road DN6 a few miles to the south. The Drăgănești-Olt train station serves the CFR Line 900, which runs from Bucharest, to the east, to Timișoara and the border with Serbia to the west.