DraftKings Inc. (DKNG)
| Market Cap | 10.61B -52.5% |
| Revenue (ttm) | 6.29B +25.8% |
| Net Income | 58.64M |
| EPS | 0.09 |
| Shares Out | 496.13M |
| PE Ratio | 237.57 |
| Forward PE | 61.19 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 7,115,387 |
| Open | 21.37 |
| Previous Close | 21.76 |
| Day's Range | 21.33 - 21.98 |
| 52-Week Range | 20.46 - 48.78 |
| Beta | 1.63 |
| Analysts | Buy |
| Price Target | 34.73 (+62.37%) |
| 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 $34.73, which is an increase of 62.37% from the latest price.
News
Inside Out: DKNG, FLUT vs Prediction Markets
CFRA's Zach Warring joins Morning Trade Live to look at the state of sports wagering companies like DraftKings (DKNG) and Flutter Entertainment (FLUT). The biggest headwind in his mind: Prediction mar...
DraftKings price target lowered to $27 from $31 at Bernstein
Bernstein lowered the firm’s price target on DraftKings (DKNG) to $27 from $31 and keeps an Outperform rating on the shares. While commentary on the health of regulated U.S. sports…
Delta passengers can now play DraftKings at 35,000 feet—for free
Customers flying Delta Air Lines now have a new form of onboard entertainment available from an unexpected partner: DraftKings.
Delta, DraftKings Partner on ‘Free-to-Play Sports Knowledge Contest'
In-flight gambling has been illegal on U.S. commercial aircraft for more than six decades. Delta Air Lines and DraftKings are collaborating nevertheless.
Delta and DraftKings Add Sports Contests to In-Flight Entertainment
Delta Air Lines and DraftKings teamed to offer passengers a sports-related in-flight entertainment option.
Delta to offer sports game on flights with DraftKings but no betting
Delta Air Lines will offer a sports prediction game on flights in a partnership with sports betting company DraftKings , but will not allow gambling, it said on Wednesday.
TRWD Acquires Platform for Financial Services Division
NEW YORK--(BUSINESS WIRE)---- $DKNG #ARCEntertainmentGroup--Platform will support payments between entertainers and customers while allowing management to retain applicable fees.
Sports betting industry spending on US midterm elections surpasses $72 million
DraftKings, FanDuel and other online sports betting companies have ramped up election spending on the U.S. midterms to at least $72 million so far, the latest campaign election data shows, as predict...
DraftKings price target lowered to $36 from $39 at Morgan Stanley
Morgan Stanley lowered the firm’s price target on DraftKings (DKNG) to $36 from $39 and keeps an Overweight rating on the shares. In a Q2 preview of the North American…
DraftKings price target lowered to $38 from $40 at Stifel
Stifel lowered the firm’s price target on DraftKings (DKNG) to $38 from $40 and keeps a Buy rating on the shares. The firm updated its models for pure-play online sports…
Healthcare students are turning to Kalshi and betting platforms to pay for their degrees, survey shows
Over 70% of healthcare students use betting and prediction market platforms at least a few times a week, according to a report from workforce infrastructure company Clasp. Less than half reported posi...
DraftKings price target lowered to $29 from $32 at Wells Fargo
Wells Fargo lowered the firm’s price target on DraftKings (DKNG) to $29 from $32 and keeps an Overweight rating on the shares. The firm estimates handle growth through June to…
The Bear Cave believes case against DraftKings ‘even more compelling today’
The Bear Cave’s Edwin Dorsey wrote in a recently published report that, ” Over the last year, The Bear Cave has published four articles about DraftKings (DKNG) (NASDAQ: DKNG –…
TRWD Appoints Technology and Payments Veteran Jeremy Woertink to Advisory Board
NEW YORK--(BUSINESS WIRE)---- $DKNG #ARCEntertainmentGroup--TRWD adds former Marine and Joystick.tv programmer Jeremy Woertink to advance its payment gateway and evaluate strategic tech acquisitions.
DraftKings to Release Second Quarter 2026 Results on August 6, 2026 and Host Conference Call on August 7, 2026
BOSTON--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) (the “Company” or “DraftKings”) today announced that it will release its second quarter 2026 results after the close of market trading on Thursd...
DraftKings price target raised to $34 from $31 at JPMorgan
JPMorgan raised the firm’s price target on DraftKings (DKNG) to $34 from $31 and keeps an Overweight rating on the shares. The firm adjusted targets in the gaming space ahead…
TRWD Announces Beacon Market Research Coverage With Positive Rating
NEW YORK--(BUSINESS WIRE)---- $DKNG #ARCEntertainmentGroup--Beacon Market Research initiates TRWD coverage with a Positive rating and a $67M–$88M near-term enterprise value target.
TRWD Establishes Financial Services Division to Target Multimillion-Dollar Market
NEW YORK--(BUSINESS WIRE)---- $DKNG #ARCEntertainmentGroup--TRWD targets Multi Million Dollar adult payment processing, POS services and venue technology industry.
DraftKings price target raised to $35 from $30 at TD Cowen
TD Cowen analyst Lance Vitanza raised the firm’s price target on DraftKings (DKNG) to $35 from $30 and keeps a Buy rating on the shares. The firm said World Cup…
DraftKings price target raised to $28 from $26 at Deutsche Bank
Deutsche Bank raised the firm’s price target on DraftKings (DKNG) to $28 from $26 and keeps a Hold rating on the shares ahead of the company’s Q2 report. Published first…
DraftKings to launch online sportsbook, casino in Alberta on July 13
DraftKings (DKNG) announced plans to launch its top-rated online sportsbook and casino, along with its Golden Nugget Online Gaming brand, in Alberta on July 13. Alberta will become the second…
DraftKings Set to Launch Online Sportsbook and Casino in Alberta on July 13
BOSTON--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) today announced plans to launch its top-rated online sportsbook and casino, along with its Golden Nugget Online Gaming brand, in Alberta on July...
Michael Burry buys Flutter, DraftKings shares betting prediction-market threat will fade
Michael Burry, the investor famed for predicting and profiting from the 2008 U.S. housing market collapse, has bought shares of sports-betting platforms Flutter Entertainment and DraftKings , wagerin...
Michael Burry Bets on DraftKings and Flutter Stocks – Here’s Why
DraftKings ($DKNG) and Flutter Entertainment ($FLUT) are getting some attention in today’s trading after Michael Burry, the investor made famous by The Big Short, revealed that he has taken stakes…
Michael Burry bets on sportsbooks DraftKings and Flutter, sees prediction markets curbed by regulation
Michael Burry of “The Big Short” said he bought shares of regulated sports-betting operators DraftKings and Flutter Entertainment. He said Wednesday that he bought a full-sized position split roughly ...