DraftKings Inc. (DKNG)
| Market Cap | 12.37B -29.9% |
| Revenue (ttm) | 6.29B +25.8% |
| Net Income | 58.64M |
| EPS | 0.09 |
| Shares Out | 496.13M |
| PE Ratio | 272.18 |
| Forward PE | 59.63 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 9,416,013 |
| Open | 25.78 |
| Previous Close | 25.37 |
| Day's Range | 24.74 - 26.00 |
| 52-Week Range | 20.46 - 48.78 |
| Beta | 1.65 |
| Analysts | Buy |
| Price Target | 34.88 (+39.91%) |
| Earnings Date | May 7, 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 35 analysts, the average rating for DKNG stock is "Buy." The 12-month stock price target is $34.88, which is an increase of 39.91% from the latest price.
News
DraftKings price target raised to $49 from $43 at UBS
UBS raised the firm’s price target on DraftKings (DKNG) to $49 from $43 and keeps a Buy rating on the shares. The company beat Q1 estimates for revenue and EBITDA…
DraftKings Transcript: 18th Annual Sports & Media Symposium
DraftKings is expanding its market through new products, deeper customer engagement, and a unified super app, while maintaining strong financial performance and focusing on technology and trust. Prediction markets are a key growth area, with regulatory clarity and ethical standards prioritized.
FLUT, DKNG, GMVHF: Betting Stocks Face $2.3B Profit-Taking amid Prediction Market Pressure
Analysts see prediction markets as a growth opportunity for betting companies. However, short-sellers have made at least $2.3 billion this year betting against Flutter Entertainment ($FLUT), DraftKing...
DraftKings (DKNG) Stock Rises after 5-Star Analyst Praises Growth Opportunity
Shares of DraftKings ($DKNG) are up in today’s trading after the sports betting company received a new Buy rating from Freedom Capital Markets. Indeed, five-star analyst Nick McKay argues that…
Morgan Stanley says buy DraftKings, Flutter on prediction markets expansion
Morgan Stanley analyst Stephen Grambling says the firm’s New credit card data analysis of about 9M users comparing online sports betting with prediction markets shows little overlap between Kalshi and...
DraftKings initiated with a Buy at Freedom Capital
Freedom Capital analyst Nick McKay initiated coverage of DraftKings (DKNG) with a Buy rating and $30 price target After moving into the prediction markets in order to compete against Kalshi…
DraftKings Transcript: MoffettNathanson's 2026 Media, Internet & Communications Conference
Prediction markets are positioned as a major growth driver, leveraging core strengths, data, and national reach through a super app and media partnerships. Financial discipline guides investment, with a focus on expanding high-margin products and engaging new markets as regulatory clarity improves.
DraftKings price target lowered to $39 from $40 at Morgan Stanley
Morgan Stanley lowered the firm’s price target on DraftKings (DKNG) to $39 from $40 and keeps an Overweight rating on the shares.
DraftKings initiated with an Underperform at BNP Paribas
BNP Paribas initiated coverage of DraftKings (DKNG) with an Underperform rating and $20 price target The firm says the “dramatic rise” of predictions is “clouding” the company’s outlook. It sees…
DraftKings Transcript: AGM 2026
The virtual AGM confirmed quorum, introduced the board, and presented three proposals, all of which passed with over 90% approval. No shareholder questions were received, and final results will be filed with the SEC.
DraftKings Earnings Call Transcript: Q1 2026
Q1 revenue grew 17% year-over-year to over $1.6 billion, with adjusted EBITDA up 64% to $168 million. Fiscal 2026 guidance is reaffirmed, with $200–$300 million planned for predictions investment and strong core profitability. Customer acquisition costs for predictions dropped over 80% in April.
DraftKings Earnings release: Q1 2026
DraftKings released its Q1 2026 earnings on May 8, 2026, summarizing the period's financial results.
DraftKings Slides: Q1 2026
DraftKings has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 8, 2026.
DraftKings Quarterly report: Q1 2026
DraftKings has published its Q1 2026 quarterly earnings report on May 8, 2026.
DraftKings Transcript: 29th Annual Global Conference
Prediction markets are increasingly used for fast, market-driven insights in finance, politics, and sports, supplementing traditional research and sentiment indicators. Regulatory oversight and innovation are shaping the industry, with integrity and adaptability as ongoing priorities.
DraftKings Proxy statement: Proxy filing
DraftKings filed a proxy statement on March 26, 2026, providing details for shareholder voting and corporate governance matters.
DraftKings Proxy statement: Proxy filing
DraftKings filed a proxy statement on March 26, 2026, providing details for shareholder voting and corporate governance matters.
DraftKings Transcript: Investor Day 2026
DraftKings is launching a unified Super App to integrate Sportsbook, Predictions, Casino, and Lottery, leveraging AI and proprietary technology for rapid innovation and efficiency. The company targets a $55B–$80B TAM by 2030, expects 30%+ Adjusted EBITDA margins, and continues to lead in customer satisfaction, responsible gaming, and efficient customer acquisition.
DraftKings Slides: FY 2026
DraftKings has posted slides in relation to its FY 2026 quarterly earnings report, which was published on March 2, 2026.
DraftKings Earnings Call Transcript: Q4 2025
Q4 and FY25 set new records for revenue and Adjusted EBITDA, with positive net income achieved for the first time. Guidance for FY26 is conservative, excluding predictions revenue, but investments in new verticals and markets are expected to drive future growth.
DraftKings Annual report: Q4 2025
DraftKings has published its Q4 2025 annual report on February 13, 2026.
DraftKings Earnings release: Q4 2025
DraftKings released its Q4 2025 earnings on February 13, 2026, summarizing the period's financial results.
DraftKings Slides: Q4 2025
DraftKings has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on February 13, 2026.
DraftKings Earnings Call Transcript: Q3 2025
Q3 revenue grew 4% year-over-year to $1.14B, but Adjusted EBITDA was -$127M due to unfavorable sports outcomes. FY25 guidance was revised down, but strong customer engagement, new marketing deals, and the upcoming launch of DraftKings Predictions support long-term optimism.
DraftKings Quarterly report: Q3 2025
DraftKings has published its Q3 2025 quarterly earnings report on November 7, 2025.