DraftKings Inc. (DKNG)
| Market Cap | 11.92B -49.6% |
| Revenue (ttm) | 6.22B +15.0% |
| Net Income | -166.90M |
| EPS | -0.35 |
| Shares Out | 496.45M |
| PE Ratio | n/a |
| Forward PE | 43.87 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 8,317,027 |
| Open | 24.00 |
| Previous Close | 24.19 |
| Day's Range | 23.54 - 24.21 |
| 52-Week Range | 20.46 - 48.78 |
| Beta | 1.63 |
| Analysts | Buy |
| Price Target | 35.12 (+46.27%) |
| Earnings Date | Aug 6, 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 $35.12, which is an increase of 46.27% from the latest price.
News
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…
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.
NFL announces sports betting partnerships with DraftKings, FanDuel and Fanatics
The National Football League announced it has reached commercial agreements with three sports betting operators ahead of the 2026 season. “DraftKings (DKNG) and FanDuel, partners in the category since...
Nevada reports July statewide gaming win up 2.07% to $1.39B
Nevada reports July Las Vegas Strip gaming win up 3.64% to $776.34M. Publicly traded companies in the gambling space include Boyd Gaming (BYD), Caesars (CZR), Churchill Downs (CHDN), DraftKings (DKNG)...
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 price target raised to $27 from $24 at CBRE
CBRE raised the firm’s price target on DraftKings (DKNG) to $27 from $24 and keeps a Buy rating on the shares.
DraftKings announces launch of $600M Term Loan B facility
DraftKings (DKNG) announced the launch of syndication for a proposed senior secured term loan B credit facility in an aggregate principal amount of $600M. DraftKings intends to utilize the net…
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...
DraftKings price target raised to $32 from $30 at Citi
Citi raised the firm’s price target on DraftKings (DKNG) to $32 from $30 and keeps a Buy rating on the shares. While the company’s earnings results missed expectations, it offered…
DraftKings price target raised to $28 from $27 at Northland
Northland raised the firm’s price target on DraftKings (DKNG) to $28 from $27 and keeps a Market Perform rating on the shares. Q2 results missed consensus expectations, reflecting weaker hold…
DraftKings price target lowered to $33 from $34 at JPMorgan
JPMorgan lowered the firm’s price target on DraftKings (DKNG) to $33 from $34 and keeps an Overweight rating on the shares.
DraftKings price target lowered to $33 from $35 at Guggenheim
Guggenheim lowered the firm’s price target on DraftKings (DKNG) to $33 from $35 and keeps a Buy rating on the shares after having updated the firm’s model for Q2 earnings…
DraftKings price target lowered to $34 from $35 at Barclays
Barclays lowered the firm’s price target on DraftKings (DKNG) to $34 from $35 and keeps an Overweight rating on the shares.
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...
DraftKings Stock (DKNG) Is Up 6% Despite Terrible Financial Results. Here’s Why
The company’s earnings missed Wall Street’s forecasts across the board.
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...