DraftKings Inc. (DKNG)
| Market Cap | 9.22B -33.5% |
| Revenue (ttm) | 6.41B +17.4% |
| Net Income | -378.83M |
| EPS | -0.78 |
| Shares Out | 498.29M |
| PE Ratio | n/a |
| Forward PE | 93.67 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 69,944,744 |
| Open | 17.34 |
| Previous Close | 23.52 |
| Day's Range | 16.55 - 18.79 |
| 52-Week Range | 16.55 - 36.98 |
| Beta | 1.61 |
| Analysts | Buy |
| Price Target | 30.65 (+65.59%) |
| Earnings Date | Nov 5, 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 37 analysts, the average rating for DKNG stock is "Buy." The 12-month stock price target is $30.65, which is an increase of 65.59% from the latest price.
News
DraftKings downgraded to Hold from Buy at Stifel
Stifel analyst Jeffrey Stantial downgraded DraftKings (DKNG) to Hold from Buy with a price target of $21, down from $32. The company’s rationale for investing aggressively in the predictions market…
DraftKings price target lowered to $28 from $44 at Jefferies
Jefferies analyst David Katz lowered the firm’s price target on DraftKings (DKNG) to $28 from $44 and keeps a Buy rating on the shares. The firm updated the company’s model…
DraftKings price target lowered to $25 from $28.50 at Freedom Capital
Freedom Capital analyst Nick McKay lowered the firm’s price target on DraftKings (DKNG) to $25 from $28.50 and keeps a Buy rating on the shares following the Q3 report. The…
DraftKings price target lowered to $30 from $40 at Canaccord
Canaccord lowered the firm’s price target on DraftKings (DKNG) to $30 from $40 and keeps a Buy rating on the shares.
DraftKings price target lowered to $27 from $34 at Barclays
Barclays lowered the firm’s price target on DraftKings (DKNG) to $27 from $34 and keeps an Overweight rating on the shares.
DraftKings Stock (DKNG) Plummets 23% on Price Target Cuts After an Earnings Miss
DraftKings stock was down following analyst price target cuts after the company’s earnings miss.
Investing in Prediction Markets Will Pay Off, DraftKings CEO Says
DraftKings shares fell as much as 29% on Friday after the company slashed its profit forecast, but it keeps investing heavily in prediction markets. Chief Executive Officer CEO Jason Robins says most ...
DraftKings' expensive bet on prediction markets is crushing its stock
Shares of the online betting platform slid more than 26% on Friday, as analysts worry about regulation and competition.
DraftKings stock just lost 20%: the real story isn't the earnings miss
DraftKings (DKNG) shares opened sharply lower on Friday after the sports betting giant reported its fiscal Q3 earnings that missed Wall Street estimates and lowered its full-year guidance as well. Rev...
DraftKings Stock (DKNG) Sinks 28% on ‘Shocking’ Q3, but Analysts Say Buy
DraftKings shares ($DKNG) plunged by more than 26% to about $17 on Friday morning. This came after the online betting company reported third-quarter 2026 earnings that missed estimates on the…
DraftKings price target lowered to $23 from $27 at BofA
BofA analyst Julie Hoover lowered the firm’s price target on DraftKings (DKNG) to $23 from $27 and keeps a Buy rating on the shares after a Q3 miss and 2027…
Morning Movers: DraftKings and Under Armour plunge after quarterly results
Stock futures are mixed as investors look for a rebound in technology shares following Thursday’s brutal selloff. The rebound in chipmakers offers some relief after Thursday’s rout erased nearly $3T…
DraftKings Earnings Call Transcript: Q3 2026
Q3 revenue rose 16% YoY, while heavier Predictions spending drove a $317M Adjusted EBITDA loss. FY27 guidance targets 17% revenue growth and $800M-$1B Adjusted EBITDA as Predictions investment steps down and core margins expand.
DraftKings Slides: Q3 2026
DraftKings has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on November 6, 2026.
DraftKings Earnings release: Q3 2026
DraftKings released its Q3 2026 earnings on November 6, 2026, summarizing the period's financial results.
DraftKings Shareholder letter: Q3 2026
DraftKings has published a letter to shareholders covering Q3 2026, which was released on November 6, 2026.
DraftKings Quarterly report: Q3 2026
DraftKings has published its Q3 2026 quarterly earnings report on November 6, 2026.
DraftKings Cuts Outlook as It Pours More Money Into Prediction Markets
The company said it now expects full-year 2026 revenue to be $6.35 billion to $6.55 billion, down from its previous guidance of $6.5 billion to $6.9 billion.
DraftKings sees 2027 revenue $7.35B-$7.75B, consensus $7.59B
Sees 2027 adjusted EBITDA $800M-$1.0B, which includes $300M of adjusted EBITDA investment in Predictions at the midpoint.
DraftKings sees 2026 revenue $6.35B-$6.55B, consensus $6.55B
The company said, “DraftKings (DKNG) is updating its fiscal year 2026 revenue guidance range to $6.35 billion to $6.55 billion and its fiscal year 2026 Adjusted EBITDA guidance range to…
DraftKings reports Q3 EPS adjusted EPS (53c), consensus (25c)
Reports Q3 revenue $1.33B, consensus $1.39B. The company said, “The third quarter marked a pivotal moment for DraftKings (DKNG), as the Predictions offering we have been building is now powering…
DraftKings Reports Third Quarter Revenue Growth of 16%
BOSTON--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced its third quarter 2026 financial results. The Company also posted a third quarter 2026 business ...
3 Best Growth Stocks to Buy Now with 37%+ Upside, According to Analysts
Growth stocks can offer strong return potential when their businesses continue to expand. Kratos Defense ($KTOS), Rocket Lab ($RKLB), and DraftKings ($DKNG) stand out with Strong Buy ratings from anal...