DraftKings Inc. (DKNG)
| Market Cap | 12.06B -49.1% |
| Revenue (ttm) | 6.22B +15.0% |
| Net Income | -166.90M |
| EPS | -0.35 |
| Shares Out | 496.45M |
| PE Ratio | n/a |
| Forward PE | 44.05 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,925,169 |
| Open | 24.28 |
| Previous Close | 24.22 |
| Day's Range | 24.12 - 24.51 |
| 52-Week Range | 20.46 - 48.78 |
| Beta | 1.63 |
| Analysts | Buy |
| Price Target | 34.98 (+43.95%) |
| Earnings Date | Aug 6, 2026 |
About DKNG
DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally. The company offers online and retail sports betting, daily fantasy sports, digital lottery couriers, prediction markets, and other products, as well as retails sportsbooks. It also provides 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 sportsbook... [Read more]
Financial Performance
Financial StatementsAnalyst Summary
According to 36 analysts, the average rating for DKNG stock is "Buy." The 12-month stock price target is $34.98, which is an increase of 43.95% from the latest price.
News
DraftKings Makes Loyalty Points Spend Like Cash
DraftKings customers have long had to think in different currencies depending on where they were playing. Points on the sportsbook.
NFL announces sports betting partnerships with DraftKings, FanDuel and Fanatics
The National Football League announced it has reached commercial agreements with three sports betting operators ahead of the 2026 season. “DraftKings (DKNG) and FanDuel, partners in the category since...
Nevada reports July statewide gaming win up 2.07% to $1.39B
Nevada reports July Las Vegas Strip gaming win up 3.64% to $776.34M. Publicly traded companies in the gambling space include Boyd Gaming (BYD), Caesars (CZR), Churchill Downs (CHDN), DraftKings (DKNG)...
DraftKings Announces Closing of $700 Million Upsized Term Loan B Facility and $750 Million Revolving Credit Facility
BOSTON--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) (the “Company” or “DraftKings”) today announced that it has successfully closed on its previously announced (i) $700 million senior secured term...
DraftKings Stock Could Pop on Prediction Market Court Decisions
Sports-betting companies have seen their stocks slide over fears of competition from prediction markets.
DraftKings price target raised to $27 from $24 at CBRE
CBRE raised the firm’s price target on DraftKings (DKNG) to $27 from $24 and keeps a Buy rating on the shares.
DraftKings announces launch of $600M Term Loan B facility
DraftKings (DKNG) announced the launch of syndication for a proposed senior secured term loan B credit facility in an aggregate principal amount of $600M. DraftKings intends to utilize the net…
DraftKings Announces Launch of $600 Million Term Loan B Facility and Upsized $750 Million Revolving Credit Facility
BOSTON--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) (the “Company” or “DraftKings”) today announced the launch of syndication for a proposed senior secured term loan B credit facility (the “Term L...
DraftKings Shows Rewards in Dollars to Simplify Redemption
DraftKings has rolled out a new rewards currency called Crown Cash that powers the company's loyalty program, DraftKings Rewards, and makes it easier to view and use rewards across eligible DraftKings...
DraftKings price target raised to $32 from $30 at Citi
Citi raised the firm’s price target on DraftKings (DKNG) to $32 from $30 and keeps a Buy rating on the shares. While the company’s earnings results missed expectations, it offered…
DraftKings price target raised to $28 from $27 at Northland
Northland raised the firm’s price target on DraftKings (DKNG) to $28 from $27 and keeps a Market Perform rating on the shares. Q2 results missed consensus expectations, reflecting weaker hold…
DraftKings price target lowered to $33 from $34 at JPMorgan
JPMorgan lowered the firm’s price target on DraftKings (DKNG) to $33 from $34 and keeps an Overweight rating on the shares.
DraftKings price target lowered to $33 from $35 at Guggenheim
Guggenheim lowered the firm’s price target on DraftKings (DKNG) to $33 from $35 and keeps a Buy rating on the shares after having updated the firm’s model for Q2 earnings…
DraftKings price target lowered to $34 from $35 at Barclays
Barclays lowered the firm’s price target on DraftKings (DKNG) to $34 from $35 and keeps an Overweight rating on the shares.
Prediction markets take center stage in latest round of quarterly earnings reports
Annualized total volume for DraftKings' predictions platform grew to $11 billion from $2.3 billion between April and July, CEO Jason Robins said. Coinbase said that its prediction markets revenue grew...
DraftKings Stock (DKNG) Is Up 6% Despite Terrible Financial Results. Here’s Why
The company’s earnings missed Wall Street’s forecasts across the board.
World Cup Gives DraftKings a New Growth Engine
DraftKings shares rallied as investors looked beyond a disappointing quarter to stronger momentum heading into the second half of the year. CEO Jason Robins joins Bloomberg to discuss how the World Cu...
DraftKings' Prediction Markets Push Is Reshaping Its National Growth Strategy
DraftKings is positioning itself not simply as a sportsbook operator, but as a nationwide sports commerce platform capable of acquiring, engaging and monetizing customers across multiple products. As ...
DraftKings price target raised to $30 from $29 at Benchmark
Benchmark raised the firm’s price target on DraftKings (DKNG) to $30 from $29 and keeps a Buy rating on the shares.
DraftKings Earnings Call Transcript: Q2 2026
Q2 saw robust growth with $115M adjusted EBITDA, strong customer acquisition, and rapid predictions adoption. Guidance for FY2026 is maintained, with core business momentum and vertical integration driving efficiency and profitability.
DraftKings Slides: Q2 2026
DraftKings has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 7, 2026.
DraftKings Earnings release: Q2 2026
DraftKings released its Q2 2026 earnings on August 7, 2026, summarizing the period's financial results.
DraftKings Shareholder letter: Q2 2026
DraftKings has published a letter to shareholders covering Q2 2026, which was released on August 7, 2026.
DraftKings Quarterly report: Q2 2026
DraftKings has published its Q2 2026 quarterly earnings report on August 7, 2026.
DraftKings Second-Quarter Revenue Falls, Hurt by Promotions
The online sports betting company posted a loss of $67.6 million for the second quarter, compared with a profit of $157.9 million a year earlier.