DraftKings Inc. (DKNG)
| Market Cap | 21.83B |
| Revenue (ttm) | 5.41B |
| Net Income (ttm) | -304.47M |
| Shares Out | 496.47M |
| EPS (ttm) | -0.62 |
| PE Ratio | n/a |
| Forward PE | 55.33 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 14,197,801 |
| Open | 45.31 |
| Previous Close | 45.87 |
| Day's Range | 43.02 - 45.44 |
| 52-Week Range | 29.64 - 53.61 |
| Beta | 1.73 |
| Analysts | Strong Buy |
| Price Target | 55.08 (+25.24%) |
| Earnings Date | Nov 6, 2025 |
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 also engages in the design and development of sports betting and casino gaming software for online and retail sportsbooks, and iGamin... [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 24 analysts, the average rating for DKNG stock is "Strong Buy." The 12-month stock price target is $55.08, which is an increase of 25.24% from the latest price.
News
DraftKings: Football Season Is Here, But A Phantom Tax Is Now My Concern (Rating Downgrade)
I am downgrading DraftKings from bullish to neutral due to the Big Beautiful Bill's tax changes impacting gambling losses starting in 2026. Section 165(d) now limits gambling loss deductions to 90%, m...
DraftKings Faces Parlay Blow As NFL Betting Action Heats Up
Bank of America Securities analysts weighed in on the U.S. sports betting landscape following the opening week of National Football League and college football action, observing a complex yet broadly ...
DraftKings: Profits Came Even Earlier Than I Thought
DraftKings achieved GAAP profitability ahead of expectations, marking a major turning point and validating my earlier 'Buy' rating. Q2 2025 saw record revenue, strong operational leverage, and signifi...
Tech Corner: DKNG as NFL Season Begins
As the fall football season kicks into full swing, DraftKings (DKNG) shares are hovering below 6-month highs. George Tsilis examines the online sports wagering company.
Massive Powerball jackpot means big boost for DraftKings
The Powerball jackpot is estimated at $1.7 billion. Jackpocket, DraftKings' lottery courier, is seeing triple-digit percentage increases in orders for lottery tickets.
DraftKings Inc. (DKNG) Presents At 2025 BofA Gaming, Lodging & Leisure Conference Transcript
DraftKings Inc. (NASDAQ:DKNG) 2025 BofA Gaming, Lodging & Leisure Conference September 4, 2025 12:10 PM EDT Company Participants Jason Robins - Co-Founder, Chairman & CEO Conference Call Participants...
DraftKings CEO Jason Robins on sports betting's biggest season
CNBC's Contessa Brewer interviews DraftKings CEO Jason Robins from the Bank of America Gaming and Lodging Conference about the kickoff to the NFL season, growing customers and growing the overall bett...
Sportsbook CEOs expect record betting ahead of NFL kickoff
DraftKings CEO Jason Robins said the company is seeing record numbers heading into the kickoff to the NFL — sports betting's biggest season. BetMGM CEO Adam Greenblatt told CNBC that last week was the...
12 Stocks For 2025 NFL Season With $30 Billion Expected To Be Bet, $8 Million Super Bowl LX Ads
The 2025 National Football League season kicks off Thursday, Sept. 4, with the defending Super Bowl champions, the Philadelphia Eagles, beginning their journey to repeat as back-to-back champions.
DraftKings Announces Jason Robins' Participation in Upcoming Event
BOSTON, Sept. 02, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced that Jason Robins, the Company's Chief Executive Officer and Co-founder, will ...
DraftKings and FanDuel Have Been Great Bets. As the NFL Season Nears, Investors Need a Strong Defense.
The top two sports betting companies should score as the NFL returns. But their valuations are looking a bit frothy.
Top 2 sports betting stocks to buy ahead of NFL season
The 2025 NFL season kicks off on September 4 with the defending champion Philadelphia Eagles hosting the Dallas Cowboys. For investors, this isn't just football – it's a financial playbook.
ESPN Bet's FanCenter is key new product launch in sports betting space: Morgan Stanley's Grambling
Stephen Grambling, Morgan Stanley, joins 'Fast Money' to talk sports betting entering its biggest season with college football and the NFL season kicking off.
Final Trade: NCNO, SPY, DKNG
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Americans expected to bet record $30 billion on the 2025 NFL season legally
Americans are expected to bet a record $30 billion on this year's NFL season, according to the American Gaming Association. Sportsbooks FanDuel and DraftKings are getting ready for the biggest opportu...
Cathie Wood Ditches DraftKings Stock Ahead Of NFL Season, Turns To Prediction Markets: 'Could Reshape The Way'
Ark Invest and Cathie Wood appear ready to place their bets on the winner in the sports betting market ahead of the 2025 NFL season.
DraftKings Launches Responsible Gaming Education Month Campaign Featuring Super Bowl Tickets Sweepstakes
Monthlong initiative rewards customers who engage with responsible gaming tools, including the new “My Budget Builder” Monthlong initiative rewards customers who engage with responsible gaming tools, ...
Final Trades: Vertiv Holdings, Draftkings, Palo Alto and Citigroup
The Investment Committee give you their top stocks to watch for the second half.
Scoring Big: How Kalshi Is Shaking Up DraftKings, FanDuel This NFL Season
With weeks to go until the 2025 National Football League season starts, sportsbooks are already feeling increased pressure and competition from the likes of Robinhood Markets Inc HOOD and Kalshi.
Chart Master: Is it time to gamble on DraftKings?
Carter Worth, Worth Charting, joins 'Fast Money' to take a technical look at DraftKings stock.
DraftKings Secures Direct Mobile Sports Betting License to Operate in Missouri
BOSTON, Aug. 15, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) announced today that the Missouri Gaming Commission has granted the company a direct mobile sports betting license. This direct...
Baron Discovery Fund Q2 2025: Winners And Setbacks Shaping The Portfolio
Kratos Defense, Montrose Environmental, and Karman Holdings drove strong quarterly performance, benefiting from secular tailwinds and robust demand in defense and environmental sectors. We see Kratos ...
'RECORD-BREAKING': DraftKings CEO touts historic quarter
DraftKings CEO Jason Robbins joins 'Varney & Co.' to discuss the company's successful second quarter and how they're integrating artificial intelligence.
DraftKings Inc. (DKNG) Q2 2025 Earnings Call Transcript
DraftKings Inc. (NASDAQ:DKNG) Q2 2025 Earnings Conference Call August 7, 2025 8:30 AM ET Company Participants Alan Ellingson - Chief Financial Officer Jason D. Robins - Co-Founder, Chairman & CEO Mic...