DraftKings Inc. (DKNG)
| Market Cap | 9.73B -53.7% |
| Revenue (ttm) | 6.22B +15.0% |
| Net Income | -166.90M |
| EPS | -0.35 |
| Shares Out | 496.45M |
| PE Ratio | n/a |
| Forward PE | 35.32 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,451,453 |
| Open | 19.62 |
| Previous Close | 19.59 |
| Day's Range | 19.25 - 19.70 |
| 52-Week Range | 19.28 - 41.94 |
| Beta | 1.63 |
| Analysts | Buy |
| Price Target | 35.17 (+79.44%) |
| 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 79.44% from the latest price.
News
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...
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 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...
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.
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 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...
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...
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 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.