DraftKings Inc. (DKNG)

NASDAQ: DKNG · Real-Time Price · USD
43.73
-1.31 (-2.91%)
At close: Aug 1, 2025, 4:00 PM
43.60
-0.13 (-0.30%)
After-hours: Aug 1, 2025, 7:59 PM EDT
-2.91%
Market Cap21.70B
Revenue (ttm)5.00B
Net Income (ttm)-398.58M
Shares Out 496.29M
EPS (ttm)-0.82
PE Ration/a
Forward PE65.05
Dividendn/a
Ex-Dividend Daten/a
Volume6,811,962
Open44.23
Previous Close45.04
Day's Range43.12 - 44.25
52-Week Range28.69 - 53.61
Beta1.70
AnalystsStrong Buy
Price Target54.77 (+25.25%)
Earnings DateAug 6, 2025

About ZUO

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]

Industry Gambling
CEO Jason Robins
Employees 5,100
Stock Exchange NASDAQ
Ticker Symbol DKNG
Full Company Profile

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 Statements

Analyst Summary

According to 26 analysts, the average rating for DKNG stock is "Strong Buy." The 12-month stock price target is $54.77, which is an increase of 25.25% from the latest price.

Price Target
$54.77
(25.25% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

REX Shares Launches Two New T-REX 2X Single-Stock ETFs on BULL and DKNG

MIAMI--(BUSINESS WIRE)--REX Shares is pleased to announce the launch of two new leveraged ETFs: the T-REX 2X Long BULL Daily Target ETF (CBOE: BULU) and the T-REX 2X Long DKNG Daily Target ETF (CBOE: ...

3 days ago - Business Wire

Defiance Launches DKNX: 2X Leveraged ETF on DraftKings (DKNG)

MIAMI, July 31, 2025 (GLOBE NEWSWIRE) -- Defiance ETFs, a leader in thematic and leveraged exchange-traded funds, today announced the launch of an innovative ETF: The Defiance Daily Target 2X Long DKN...

4 days ago - GlobeNewsWire

DraftKings: High-Reward Gaming Bet - Prediction Prospects Appear Compelling

DKNG's lowered FY2025 guidance has been similarly observed in its direct peer, FLUT, thanks to the "adverse March Madness sports results." With it remaining to be seen how Q2'25 and H2'25 may develop,...

12 days ago - Seeking Alpha

DraftKings to Release Second Quarter 2025 Results on August 6, 2025 and Host Conference Call on August 7, 2025

BOSTON, July 22, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (the “Company” or “DraftKings”) today announced that it will release its second quarter 2025 results after the close of market ...

12 days ago - GlobeNewsWire

DraftKings Makes Royal Debut in Online Sports Betting and iGaming Industry, While Bluesky Receives Highest Social Media Score Ever, ACSI Data Show

ANN ARBOR, Mich.--(BUSINESS WIRE)-- #ACSI--Customer satisfaction among video streaming services slips, while social media and subscription TV are stable, according to the ACSI.

12 days ago - Business Wire

Rivian Unseats Lucid, DraftKings Ousts Plug Power In Russell 1000 Shake-Up

Each year, FTSE Russell recalibrates its U.S. indexes to ensure they accurately represent the evolving market. The Russell 1000 Index, comprising the largest 1,000 U.S. companies by market cap, saw so...

Other symbols: RIVN
18 days ago - Benzinga

Tesla, MicroStrategy, and 5 More Stocks to Bet Against Heading Into Earnings

Tariff troubles may be making a comeback. It's the kind of backdrop that almost demands investors start taking profits.

Other symbols: MSTRTSLACHH
19 days ago - Barrons

YieldMax® Introduces Option Income Strategy ETF on DraftKings, Inc. (DKNG)

CHICAGO and MILWAUKEE and NEW YORK, July 15, 2025 (GLOBE NEWSWIRE) -- YieldMax® announced the launch today of the following ETF: YieldMax® DKNG Option Income Strategy ETF (NYSE Arca: DRAY) DRAY seeks ...

19 days ago - GlobeNewsWire

Trade Tracker: Kevin Simpson buys DraftKings

Kevin Simpson, founder and CEO at Capital Wealth Planning, joins CNBC's "Halftime Report" to detail his latest buy.

24 days ago - CNBC Television

Jim Cramer talks a change to gambling income taxation and how it could impact the betting space

'Mad Money' host Jim Cramer talks recent taxation changes coming out for gambling income and how they could hurt gambling stocks like DraftKings.

Other symbols: FLUT
25 days ago - CNBC Television

Gambling income tax change is 'brutal', says Jim Cramer

'Mad Money' host Jim Cramer talks recent taxation changes coming out for gambling income and how they could hurt gambling stocks like DraftKings.

Other symbols: FLUT
25 days ago - CNBC Television

US Sportsbook Leaders Flutter And DraftKings Post Double-Digit Growth Guidance

Flutter and DraftKings dominate the US sports betting and iGaming markets, holding a combined 66.1% market share and benefiting from economies of scale. The US sports betting market is still far from ...

Other symbols: FLUT
4 weeks ago - Seeking Alpha

DraftKings Launches “My Budget Builder” to Enhance Its Responsible Gaming Tools and Resources

Players can use this new tool to help them manage their play across DraftKings products, reflecting the ongoing efforts of DraftKings to promote Responsible Gaming Players can use this new tool to hel...

4 weeks ago - GlobeNewsWire

Danny Moses turns bearish on DraftKings

'Fast Money' guest trader Danny Moses talks why he is bearish on gaming and sports betting stocks like DraftKings now.

5 weeks ago - CNBC Television

DraftKings CEO Jason Robins on Illinois sports betting tax

DraftKings CEO Jason Robins on Wednesday blasted Illinois' new tax on sports bets in the state, as the company in response plans to add a 50-cent transaction fee for all Illinois wagers beginning Sept...

6 weeks ago - CNBC Television

DraftKings CEO: Illinois' new tax on sports bets will drive players to illegal betting sites

Jason Robins, DraftKings CEO, joins CNBC's 'Squawk on the Street' to discuss Illinois' new tax on mobile and online sports wagers.

6 weeks ago - CNBC Television

DraftKings to Introduce Transaction Fee in Illinois

BOSTON, June 12, 2025 (GLOBE NEWSWIRE) -- In response to the recent and prior sports wagering tax increases passed by the Illinois state legislature on all mobile and online sports wagers placed with ...

7 weeks ago - GlobeNewsWire

FanDuel adds 50-cent surcharge on Illinois bets to offset state taxes, DraftKings may follow

FanDuel is adding a 50-cent surcharge on all Illinois wagers. The move is designed to offset the high taxes in the state.

Other symbols: FLUT
7 weeks ago - CNBC

Sports Betting Stocks Slip as Illinois Passes New Per-Bet Tax

Shares of several sports betting companies dropped Monday after lawmakers in Illinois passed a state budget that includes a new tax on the industry.

2 months ago - Investopedia

Sports betting stocks slide after Illinois lawmakers approve tax hike

Shares of online sports betting platforms struggled Monday. Illinois lawmakers passed a budget that included what one analyst described as a surprise tax increase on wagers.

Other symbols: BETZFLUT
2 months ago - CNBC

SailGP launches sports betting with DraftKings and Bet365

SailGP is providing real-time odds to gaming platfoms to allow users to place bets SailGP's sports betting push is part of a broader strategic plan to attract new fans, drive deeper engagement and gro...

2 months ago - CNBC

DraftKings: Keep Your Eyes On The Profitability Prize

DraftKings is nearing profitability, potentially as soon as 2025, driven by improving margins and disciplined cost management. Despite a slightly disappointing Q1, DraftKings is gaining market share a...

2 months ago - Seeking Alpha

These Analysts Slash Their Forecasts On DraftKings After Q1 Results

DraftKings Inc DKNG reported downbeat first-quarter financial results after market close Thursday.

2 months ago - Benzinga

Investors Look Past DraftKings' Weak March Madness

DraftKings CEO Jason Robins discusses how an unusual March Madness impacted the sports betting company and how it is preparing for the future. Robins speaks with Caroline Hyde and Ed Ludlow on “Bloomb...

3 months ago - Bloomberg Technology

March Madness winnings drag on DraftKings outlook: CEO weighs in

DraftKings missed first quarter expectations and lowered its full-year revenue forecast, citing a lack of upsets during March Madness that led to more customer wins. DraftKings CEO Jason Robins joins ...

3 months ago - Yahoo Finance