DraftKings Inc. (DKNG)
| Market Cap | 10.93B -48.7% |
| Revenue (ttm) | 6.22B +15.0% |
| Net Income | -166.90M |
| EPS | -0.35 |
| Shares Out | 496.45M |
| PE Ratio | n/a |
| Forward PE | 39.70 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 20,470,523 |
| Open | 20.83 |
| Previous Close | 21.27 |
| Day's Range | 20.35 - 22.13 |
| 52-Week Range | 20.35 - 43.66 |
| Beta | 1.63 |
| Analysts | Buy |
| Price Target | 35.17 (+59.72%) |
| 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 $35.17, which is an increase of 59.72% from the latest price.
News
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 announces new initiatives, tools, education to engage responsibly
DraftKings (DKNG) announced a series of new initiatives designed to “promote responsible engagement and increase awareness and use of the tools and resources to help customers make informed decisions ...
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 management to meet with Needham
Meeting to be held in Boston on September 17 hosted by Needham.
DraftKings extends agreement with Integrity Compliance
Integrity Compliance 360 announced an agreement with DraftKings (DKNG). Under the agreement, DraftKings will deploy IC360’s full suite of integrity and compliance technology across both its sportsbook...
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...
DraftKings price target raised to $37 from $36 at Citizens
Citizens raised the firm’s price target on DraftKings (DKNG) to $37 from $36 and keeps an Outperform rating on the shares. The NFL season is expected to drive record sports…
DraftKings price target raised to $29 from $27 at Bernstein
Bernstein analyst Ian Moore raised the firm’s price target on DraftKings (DKNG) to $29 from $27 and keeps an Outperform rating on the shares. New Jersey has petitioned the Supreme…
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 management to meet virtually with Benchmark
Virtual Meeting to be held on September 11 at 10 am hosted by Benchmark.
DraftKings initiated with an Outperform at Wolfe Research
Wolfe Research initiated coverage of DraftKings (DKNG) with an Outperform rating and $40 price target The firm launched coverage of 11 gaming and lodging stocks spanning land-based gaming, online gami...
DraftKings announces plans for DraftKings Gameday
DraftKings (DKNG) announced plans for DraftKings Gameday, a one-day nationwide celebration taking place September 2. Featuring exclusive promotions for customers, a customized in-app experience, in-pe...
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...
DraftKings, Flutter rise as appeals court says sports bets not swaps
DraftKings (DKNG) and Flutter Entertainment (FLUT) are trading higher after the U.S. Court of Appeals for the Ninth Circuit ruled that sports bets are not swaps, Bloomberg Law reported. The…