DraftKings Inc. (DKNG)
| Market Cap | 12.02B -49.5% |
| Revenue (ttm) | 6.22B +15.0% |
| Net Income | -166.90M |
| EPS | -0.35 |
| Shares Out | 496.45M |
| PE Ratio | n/a |
| Forward PE | 44.24 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 10,643,256 |
| Open | 23.88 |
| Previous Close | 23.44 |
| Day's Range | 23.78 - 24.88 |
| 52-Week Range | 20.46 - 48.78 |
| Beta | 1.63 |
| Analysts | Buy |
| Price Target | 35.12 (+45.06%) |
| 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 45.06% from the latest price.
News
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.
DraftKings Earnings release: Q2 2026
DraftKings released its Q2 2026 earnings on August 7, 2026, summarizing the period's financial results.
DraftKings Shareholder letter: Q2 2026
DraftKings has published a letter to shareholders covering Q2 2026, which was released on August 7, 2026.
DraftKings Quarterly report: Q2 2026
DraftKings has published its Q2 2026 quarterly earnings report on August 7, 2026.
DraftKings Second-Quarter Revenue Falls, Hurt by Promotions
The online sports betting company posted a loss of $67.6 million for the second quarter, compared with a profit of $157.9 million a year earlier.
DraftKings Reports Second Quarter Results
BOSTON--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced its second quarter 2026 financial results. The Company also posted a second quarter 2026 busines...
Inside Out: DKNG, FLUT vs Prediction Markets
CFRA's Zach Warring joins Morning Trade Live to look at the state of sports wagering companies like DraftKings (DKNG) and Flutter Entertainment (FLUT). The biggest headwind in his mind: Prediction mar...
Delta passengers can now play DraftKings at 35,000 feet—for free
Customers flying Delta Air Lines now have a new form of onboard entertainment available from an unexpected partner: DraftKings.
Delta, DraftKings Partner on ‘Free-to-Play Sports Knowledge Contest'
In-flight gambling has been illegal on U.S. commercial aircraft for more than six decades. Delta Air Lines and DraftKings are collaborating nevertheless.
Delta and DraftKings Add Sports Contests to In-Flight Entertainment
Delta Air Lines and DraftKings teamed to offer passengers a sports-related in-flight entertainment option.
Delta to offer sports game on flights with DraftKings but no betting
Delta Air Lines will offer a sports prediction game on flights in a partnership with sports betting company DraftKings , but will not allow gambling, it said on Wednesday.
TRWD Acquires Platform for Financial Services Division
NEW YORK--(BUSINESS WIRE)---- $DKNG #ARCEntertainmentGroup--Platform will support payments between entertainers and customers while allowing management to retain applicable fees.
Sports betting industry spending on US midterm elections surpasses $72 million
DraftKings, FanDuel and other online sports betting companies have ramped up election spending on the U.S. midterms to at least $72 million so far, the latest campaign election data shows, as predict...