DraftKings Inc. (DKNG)
| Market Cap | 18.00B |
| Revenue (ttm) | 5.46B |
| Net Income (ttm) | -267.57M |
| Shares Out | 497.77M |
| EPS (ttm) | -0.54 |
| PE Ratio | n/a |
| Forward PE | 120.86 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 8,224,571 |
| Open | 34.56 |
| Previous Close | 34.66 |
| Day's Range | 34.05 - 36.75 |
| 52-Week Range | 26.23 - 53.61 |
| Beta | 1.63 |
| Analysts | Strong Buy |
| Price Target | 47.75 (+32.05%) |
| Earnings Date | Feb 12, 2026 |
About DKNG
DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally. It provides online sports betting, daily fantasy sports, media, digital lottery courier, media, and other products, as well as retails sportsbooks. The company also offers iGaming, or online casino products, which includes blackjack, roulette, baccarat and slot machines. In addition, the company engages in the design and development of sports betting and casino gaming software for online and retail sportsbooks, and iGaming ope... [Read more]
Financial Performance
In 2024, DraftKings's revenue was $4.77 billion, an increase of 30.07% compared to the previous year's $3.67 billion. Losses were -$507.29 million, -36.76% less than in 2023.
Financial StatementsAnalyst Summary
According to 28 analysts, the average rating for DKNG stock is "Strong Buy." The 12-month stock price target is $47.75, which is an increase of 32.05% from the latest price.
News
Prediction Markets Could Bring Tax ‘Loophole' For Sports Bettors
Until the IRS says otherwise, sports betting on Kalshi and Polymarket may have a tax advantage over traditional sportsbooks.
Jake Paul-Anthony Joshua fight almost cost DraftKings $100 million. Everyday bettors lost instead.
Sportsbooks have been having a tough year — but the Paul-Joshua fight was a good night for the house.
DraftKings Enters The Prediction Markets (Rating Upgrade)
DraftKings Inc. announced its formal entry into the prediction markets with DraftKings Predictions. The launch is a response to increasing prediction market competition. The launch expands DKNG's addr...
DraftKings CEO on entry to prediction markets: We'll be able to compete just fine
Jason Robbins, DraftKings CEO, joins 'The Exchange' to discuss DraftKings' entry into the prediction markets, the regulations behind it and much more.
Massachusetts orders DraftKings to pay $934K after it botched MLB parlay bets
A costly sportsbook screwup left DraftKings on the hook for nearly $1 million after Massachusetts regulators ordered the payouts tied to a botched MLB parlay scheme.
DraftKings Enters Prediction Markets With Rollout of App and Web Product
DraftKings entered prediction markets with the launch of DraftKings Predictions, a standalone app and web product. DraftKings Predictions is now available for eligible U.S. residents and will be added...
Prediction markets could hit a trillion dollars in trading volume by the end of this decade, new report says
Prediction markets could trade a trillion dollars in volume annually by the end of this decade, according to Eilers & Krejcik. Sports is fueling the growth and is forecasted to make up 44% of volume a...
2026 Casino And Online Gaming Outlook: Recovery For Sector As Macro Headwinds Fade
Macro headwinds that drove an 11% decline in Vegas visitation for conventions and tourism in the last nine months are expected to subside, proven by record advance bookings. Inflation, tariffs, and la...
DraftKings Stock Has Gotten Whacked. Why JPMorgan Says It Can Mount a Comeback.
Kalshi and Polymarket may not be a threat for much longer, as the gambling company gears up to launch its own prediction market.
DraftKings Launches Spanish-Language Experience for its Online Sportsbook and Casino
The launch reaffirms the company's dedication to a customer-first commitment while expanding its reach to a broader audience The launch reaffirms the company's dedication to a customer-first commitmen...
DraftKings, Flutter Sell-Off 'Overdone': Analyst Says Prediction Markets Provide $5 Billion Opportunity
The rise of prediction markets has sent DraftKings Inc (NASDAQ: DKNG) and Flutter Entertainment PLC (NYSE: FLUT) shares lower. While some investors and analysts see prediction markets as a major compe...
DraftKings Set to Launch Mobile Sports Wagering in Missouri on December 1
BOSTON, Nov. 24, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) today announced plans to launch its top-rated mobile sportsbook in Missouri on December 1, 2025. Earlier this year, the Missour...
DraftKings CEO and Co-Founder Jason Robins Named the 2025 American Gambling Awards C-Suite Executive of the Year
CHARLOTTE, N.C.--(BUSINESS WIRE)--The American Gambling Awards is pleased to announce that Jason Robins, Chief Executive Officer and Co-Founder of DraftKings Inc. (Nasdaq: DKNG) (“DraftKings”), has be...
FanDuel, DraftKings abandon AGA trade group as rift over sports prediction markets grows
FanDuel and DraftKings on Tuesday said they are quitting the American Gaming Association. Prediction platforms like Kalshi and Polymarket, which allow customers to trade on events across pop culture, ...
DraftKings: Growth Engine Re-Ignites - Buy The Meltdown
DraftKings' meltdown continues as it retests the 2.5Y bottom of $29s, thanks to the intensifying competition from the Prediction Markets and the customer-friendly sport outcomes in FQ3'25. This is wor...
DraftKings: Difficult To Trust This Company's Choppy Performance (Rating Downgrade)
DraftKings (DKNG) is downgraded to a sell rating after a disappointing Q3 earnings report and a 20% year-to-date stock decline. DKNG's valuation remains stretched at 31x FY25 adjusted EBITDA, despite ...
DraftKings Q3 Sports Betting Results Disappoint Analyst: 'No Way To Describe
Sports betting giant DraftKings Inc (NASDAQ:DKNG) reported mixed results for the third quarter on Thursday. An analyst breaks down what the results mean and what's next for the company.
DraftKings Says It Will Use Prediction Markets to Pressure States on Sports Betting
Prediction markets can be used as a “powerful lever” to pressure states to legalize online sports betting, DraftKings CEO Jason Robins said Friday.
Why it could be harder to find a job if you get laid off, DraftKings CEO on sports betting, earnings
Market Catalysts anchor Julie Hyman breaks down the latest financial news for November 7, 2025. Betsey Stevenson, University of Michigan Professor of Public Policy, discusses conflicting jobs data ami...
DraftKings CEO Talks ESPN Partnership, Prediction Market
DraftKings CEO Jason Robins discusses Walt Disney Co. signing a new multiyear deal to make the company ESPN's new sports-betting partner. Speaking with Ed Ludlow and Caroline Hyde on "Bloomberg Tech,"...
Prediction Push and ESPN Deal Highlight DraftKings' Gamble on the Future
The future may be impossible to predict, but it's becoming increasingly possible to bet on. As the race to win the multibillion-dollar sports gaming market in the United States enters its next phase, ...
DraftKings Inc. (DKNG) Q3 2025 Earnings Call Transcript
DraftKings Inc. ( DKNG) Q3 2025 Earnings Call November 7, 2025 8:30 AM EST Company Participants Michael DeLalio Jason Robins - Co-Founder, Chairman & CEO Alan Ellingson - Chief Financial Officer Conf...
Here's why the DraftKings stock is in a freefall after earnings
The DraftKings stock price woes accelerated after the company published its quarterly results and issued a weak forward guidance. DKNG crashed by over 7% to $25 on the extended hours, much lower than ...
Block Posts Downbeat Q3 Results, Joins Archer Aviation, DraftKings And Other Big Stocks Moving Lower In Friday's Pre-Market Session
U.S. stock futures were lower this morning, with the Nasdaq futures falling around 100 points on Friday.
DraftKings CEO Jason Robins goes one-on-one with Jim Cramer
DraftKings Chairman, Co-Founder and CEO Jason Robins joins 'Mad Money' host Jim Cramer to talk quarterly results, the growth of prediction markets, trends in the sports gambling space, and more.