DraftKings Inc. (DKNG)
| Market Cap | 14.78B |
| Revenue (ttm) | 5.46B |
| Net Income (ttm) | -267.57M |
| Shares Out | 497.77M |
| EPS (ttm) | -0.54 |
| PE Ratio | n/a |
| Forward PE | 61.04 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 26,756,747 |
| Open | 30.90 |
| Previous Close | 31.51 |
| Day's Range | 29.30 - 31.06 |
| 52-Week Range | 26.23 - 53.61 |
| Beta | 1.61 |
| Analysts | Strong Buy |
| Price Target | 48.33 (+62.78%) |
| Earnings Date | Nov 6, 2025 |
About DKNG
DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally. It provides online sports betting, daily fantasy sports, media, digital lottery courier, media, and other products, as well as retails sportsbooks. The company also offers iGaming, or online casino products, which includes blackjack, roulette, baccarat and slot machines. In addition, the company also engages in the design and development of sports betting and casino gaming software for online and retail sportsbooks, and iGamin... [Read more]
Financial Performance
In 2024, DraftKings's revenue was $4.77 billion, an increase of 30.07% compared to the previous year's $3.67 billion. Losses were -$507.29 million, -36.76% less than in 2023.
Financial StatementsAnalyst Summary
According to 27 analysts, the average rating for DKNG stock is "Strong Buy." The 12-month stock price target is $48.33, which is an increase of 62.78% from the latest price.
News
DraftKings Q3 Sports Betting Results Disappoint Analyst: 'No Way To Describe
Sports betting giant DraftKings Inc (NASDAQ:DKNG) reported mixed results for the third quarter on Thursday. An analyst breaks down what the results mean and what's next for the company.
DraftKings Says It Will Use Prediction Markets to Pressure States on Sports Betting
Prediction markets can be used as a “powerful lever” to pressure states to legalize online sports betting, DraftKings CEO Jason Robins said Friday.
Why it could be harder to find a job if you get laid off, DraftKings CEO on sports betting, earnings
Market Catalysts anchor Julie Hyman breaks down the latest financial news for November 7, 2025. Betsey Stevenson, University of Michigan Professor of Public Policy, discusses conflicting jobs data ami...
DraftKings CEO Talks ESPN Partnership, Prediction Market
DraftKings CEO Jason Robins discusses Walt Disney Co. signing a new multiyear deal to make the company ESPN's new sports-betting partner. Speaking with Ed Ludlow and Caroline Hyde on "Bloomberg Tech,"...
Prediction Push and ESPN Deal Highlight DraftKings' Gamble on the Future
The future may be impossible to predict, but it's becoming increasingly possible to bet on. As the race to win the multibillion-dollar sports gaming market in the United States enters its next phase, ...
DraftKings Inc. (DKNG) Q3 2025 Earnings Call Transcript
DraftKings Inc. ( DKNG) Q3 2025 Earnings Call November 7, 2025 8:30 AM EST Company Participants Michael DeLalio Jason Robins - Co-Founder, Chairman & CEO Alan Ellingson - Chief Financial Officer Conf...
Here's why the DraftKings stock is in a freefall after earnings
The DraftKings stock price woes accelerated after the company published its quarterly results and issued a weak forward guidance. DKNG crashed by over 7% to $25 on the extended hours, much lower than ...
Block Posts Downbeat Q3 Results, Joins Archer Aviation, DraftKings And Other Big Stocks Moving Lower In Friday's Pre-Market Session
U.S. stock futures were lower this morning, with the Nasdaq futures falling around 100 points on Friday.
DraftKings CEO Jason Robins goes one-on-one with Jim Cramer
DraftKings Chairman, Co-Founder and CEO Jason Robins joins 'Mad Money' host Jim Cramer to talk quarterly results, the growth of prediction markets, trends in the sports gambling space, and more.
We view prediction markets as an opportunity, says DraftKings CEO Jason Robins
DraftKings Chairman, Co-Founder and CEO Jason Robins joins 'Mad Money' host Jim Cramer to talk quarterly results, the growth of prediction markets, trends in the sports gambling space, and more.
DraftKings CEO says prediction markets aren't luring customers away from sports betting
DraftKings CEO Jason Robins suggested the rising popularity of prediction markets isn't hurting business. He stressed that traditional sports betting and prediction markets have very different offerin...
DraftKings Cuts Sales Outlook as It Ramps Up Prediction Markets Investments
The sports-betting company is investing more in prediction markets and expanding to new states.
DraftKings Reports Third Quarter 2025 Results
BOSTON, Nov. 06, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced its third quarter 2025 financial results. The Company also posted a third quart...
Is DraftKings really better suited to ESPN than Penn Entertainment?
ESPN has officially ended its partnership with Penn Entertainment (NASDAQ: PENN) and named DraftKings Inc (NASDAQ: DKNG) as its new exclusive sportsbook partner. The announcement arrives just two year...
DraftKings Picks Up a New Partner in the Competitive Sports-Betting Business
ESPN is betting on DraftKings.
DraftKings Q3 Preview: Record NFL Betting Expected, Will Prediction Markets Hurt Results, Guidance?
Sports betting company DraftKings Inc (NASDAQ:DKNG) could provide more details on how it is competing against prediction markets and its recent acquisition in the space when the company report third-q...
DraftKings Hits A Death Cross Ahead Of Q3 Earnings — Handing Ken Griffin A 25% Loss
DraftKings Inc (NASDAQ:DKNG) just hit a Death Cross — and its billionaire backers are feeling the chill.
Sports bettors keep winning. Here's how much that could hit profits at DraftKings and FanDuel.
Through week 9 of the current NFL season, favorites are covering the spread at a high rate (56.1%) compared to just 43.9% for underdogs.
DraftKings Appoints Gregory W. Wendt to Board of Directors
BOSTON, Oct. 28, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) today announced the appointment of Gregory W. Wendt to its Board of Directors as an independent director, effective October 24,...
Could DraftKings Stock Drop To $23?
DraftKings (DKNG) stock has dipped by 22.1% in under a month, from $42.32 on 9/26/2025 to its current price of $32.96. What is on the horizon?
Sportsbooks were called ‘victims' in new NBA gambling probe. Here's what DraftKings, FanDuel have to say.
The sportsbooks say they play a key role in helping regulators identify suspicious betting activity.
Illegal NBA gambling busts put sportsbooks on the defense
FBI Director Kash Patel on Thursday announced the arrests of Portland Trailblazers coach Chauncey Billups and Miami Heat player Terry Rozier. Legal licensed sportsbooks in the U.S. have enjoyed massiv...
DraftKings to Release Third Quarter 2025 Results on November 6, 2025 and Host Conference Call on November 7, 2025
BOSTON, Oct. 23, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (the “Company” or “DraftKings”) today announced that it will release its third quarter 2025 results after the close of market t...
DraftKings Expands Into Prediction Markets Game With Railbird Acquisition
DraftKings (DKNG) is expanding into the booming prediction markets business.
DraftKings Is Launching Prediction Markets. Wall Street Is Cautiously Optimistic.
The online sports-betting company acquires Railbird Technologies in its first step toward launching a prediction market product.