DraftKings Inc. (DKNG)
| Market Cap | 9.89B -43.7% |
| Revenue (ttm) | 6.22B +15.0% |
| Net Income | -166.90M |
| EPS | -0.35 |
| Shares Out | 496.45M |
| PE Ratio | n/a |
| Forward PE | 37.12 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 5,486,456 |
| Open | 19.62 |
| Previous Close | 19.60 |
| Day's Range | 19.53 - 20.35 |
| 52-Week Range | 18.52 - 36.98 |
| Beta | 1.60 |
| Analysts | Buy |
| Price Target | 34.95 (+75.36%) |
| Est. Earnings | 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 $34.95, which is an increase of 75.36% from the latest price.
News
DraftKings Stock (DKNG) Jumps as BofA Says ‘The King Is Back on Offense’
Shares of online betting company DraftKings ($DKNG) jumped more than 6% to around $20 on Monday afternoon. This followed an upgrade by Bank of America analysts Julie Hoover and Shaun…
DraftKings Stock Jumps After Bank of America Says It's Time to Buy the Stock
Bank of America said it sees an opportunity for investors in DraftKings stock after an extended slump.
DraftKings Stock Pops on BofA Upgrade. Prediction Markets Could Be a ‘Win-Win.
Prediction markets could be a “greater opportunity than threat,” BofA says.
Monday's First Moves: CHRW & RXO Merger, PTC Acquisition, DKNG Upgrade
C.H. Robinson (CHRW) seeks to strengthen its transportation empire with an acquisition of RXO (RXO). As Diane King Hall points out, it's not the only acquisition moving Wall Street on Monday, highligh...
DraftKings upgraded to Buy at BofA following 47% pullback
As previously reported, BofA analyst Julie Hoover upgraded DraftKings (DKNG) to Buy from Neutral with an unchanged price target of $27. With the stock down 47% in the past year,…
DraftKings upgraded to Buy from Neutral at BofA
BofA upgraded DraftKings (DKNG) to Buy from Neutral with an unchanged price target of $27.
Nevada reports August statewide gaming win up 3.14% to $1.27B
Nevada reports August Las Vegas Strip gaming win up 0.7% to $684.09M. Publicly traded companies in the gambling space include Boyd Gaming (BYD), Caesars (CZR), Churchill Downs (CHDN), DraftKings (DKNG...
DraftKings Named Exclusive Sportsbook and Online Casino Integration Sponsor of NHL on Prime's Wednesday Night Hockey for the 2026-27 Season
TORONTO--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) today announced an agreement with Prime Video that will make DraftKings the exclusive Sportsbook and Online Casino Integration sponsor of NHL o...
3 Best Growth Stocks to Buy Now with 45%+ Upside, According to Analysts
Growth stocks can offer strong return potential when their businesses continue to expand. Planet Labs ($PL), Rocket Lab ($RKLB), and DraftKings ($DKNG) stand out with Strong Buy ratings from analysts…
DraftKings price target lowered to $35 from $37 at Citizens
Citizens analyst Jordan Bender lowered the firm’s price target on DraftKings (DKNG) to $35 from $37 and keeps an Outperform rating on the shares. DraftKings’ latest commentary points to strong…
DraftKings Transcript: Wells Fargo 9th Annual Consumer Conference
Sportsbook and iGaming are showing strong growth, with 15% handle gains and regained share, while prediction markets have nearly 2.5x volume since July and now lead in NFL market breadth. Optimized marketing and robust cross-sell drive customer growth, and the business is well-positioned for regulatory shifts.
DraftKings used AI to target losing bettors: ‘The best investment would be a problem gambler'
Ex-employees claimed some of the company's models sought to identify bettors whose gambling losses were likely to increase after receiving incentives.
DraftKings Announces Jason Robins' Participation in Upcoming Event
BOSTON--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced that Jason Robins, the Company's Chief Executive Officer and Co-founder, will participate in the...
DraftKings uses AI to target bettors most likely to lose, NY Times reports
DraftKings (DKNG) puts customer betting records into a machine learning model to find out who is most likely to make losing bets, Alex Klavens, Walt Bogdanich and Jenny Vrentas of…
DraftKings asks USPTO to invalidate Cantor Fitzgerald patent, Bloomberg says
DraftKings (DKNG) has asked an administrative tribunal at the U.S. Patent and Trademark Office to void a patent that a Cantor Fitzgerald division accused the company of copying, Bloomberg’s Michael…
DraftKings stock is losing to prediction markets despite CEO reassurances
DraftKings (DKNG) stock is slipping further on Friday amidst mounting pressure from specialized event-contract platforms, most notably Kalshi. Kalshi is seeing a massive surge in sports wagering volum...
Sportsbooks remain king this football season, but upstarts are making a run for the money
The NFL season is expected to generate about $40 billion in legal wagers and event contracts, according to a new research report from Eilers & Krejcik Gaming. Sportsbooks are still raking in about 80%...
TRWD Develops Licensing-Led Expansion Strategy to Complement Acquisition Model and Expand Beyond 100+ Venue Goal
LAS VEGAS--(BUSINESS WIRE)---- $DKNG #ARCEntertainmentGroup--TRWD expands beyond acquisitions with a licensing-led strategy using SMS and payment technology to enable growth beyond 100 venues.
DraftKings Enhances Responsible Engagement Efforts With New Customer Initiatives, Tools and Education
BOSTON--(BUSINESS WIRE)--DraftKings Inc. today announced a series of new initiatives designed to promote responsible engagement and increase awareness and use of the tools and resources to help custom...
DraftKings (DKNG) CEO on Football Season, Prediction Markets & Profit Path
The fall football season "is like our holiday season," says Jason Robins, CEO of DraftKings (DKNG). He explains how his company has prepared for what he sees being a pivotal time for DraftKings.
Prediction Markets Are Huge Opportunity, DraftKings CEO Says
DraftKings Inc. Chief Executive Officer Jason Robins says the company has seen growth across all of its products and says prediction markets present a huge opportunity for the business. He speaks to B...
DraftKings Extends Agreement with IC360 to Enhance Integrity Monitoring and Combat Athlete Harassment Across Sportsbook and Prediction Market Platforms
LAS VEGAS and BOSTON, Sept. 08, 2026 (GLOBE NEWSWIRE) -- Integrity Compliance 360, Inc. (IC360), the global technology and advisory leader for integrity and regulatory solutions in sports, sports bett...
New Jersey asks the Supreme Court to take on prediction markets
The state of New Jersey asked the Supreme Court to take up a dispute that could determine which regulator has oversight over prediction markets and sports-related event contracts. In April, the 3rd U....
U.S. Supreme Court Is Asked to Settle Growing Debate Around Prediction Markets
The high court could soon determine the fate of sports betting in the U.S.
DraftKings Celebrates Customers on “DraftKings Gameday” with Free Gas, Exclusive Offers and More
BOSTON--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) today announced plans for DraftKings Gameday, a one-day nationwide celebration taking place September 2, 2026. Featuring exclusive promotions fo...