DraftKings Inc. (DKNG)
| Market Cap | 13.04B -36.6% |
| Revenue (ttm) | 6.29B +25.8% |
| Net Income | 58.64M |
| EPS | 0.09 |
| Shares Out | 496.13M |
| PE Ratio | 287.03 |
| Forward PE | 64.01 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 13,732,627 |
| Open | 27.13 |
| Previous Close | 27.17 |
| Day's Range | 26.12 - 27.26 |
| 52-Week Range | 20.46 - 48.78 |
| Beta | 1.64 |
| Analysts | Buy |
| Price Target | 34.97 (+33.02%) |
| Earnings Date | Aug 5, 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 36 analysts, the average rating for DKNG stock is "Buy." The 12-month stock price target is $34.97, which is an increase of 33.02% from the latest price.
News
DraftKings price target raised to $28 from $26 at Deutsche Bank
Deutsche Bank raised the firm’s price target on DraftKings (DKNG) to $28 from $26 and keeps a Hold rating on the shares ahead of the company’s Q2 report. Published first…
DraftKings to launch online sportsbook, casino in Alberta on July 13
DraftKings (DKNG) announced plans to launch its top-rated online sportsbook and casino, along with its Golden Nugget Online Gaming brand, in Alberta on July 13. Alberta will become the second…
DraftKings Set to Launch Online Sportsbook and Casino in Alberta on July 13
BOSTON--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) today announced plans to launch its top-rated online sportsbook and casino, along with its Golden Nugget Online Gaming brand, in Alberta on July...
Michael Burry buys Flutter, DraftKings shares betting prediction-market threat will fade
Michael Burry, the investor famed for predicting and profiting from the 2008 U.S. housing market collapse, has bought shares of sports-betting platforms Flutter Entertainment and DraftKings , wagerin...
Michael Burry Bets on DraftKings and Flutter Stocks – Here’s Why
DraftKings ($DKNG) and Flutter Entertainment ($FLUT) are getting some attention in today’s trading after Michael Burry, the investor made famous by The Big Short, revealed that he has taken stakes…
Michael Burry bets on sportsbooks DraftKings and Flutter, sees prediction markets curbed by regulation
Michael Burry of “The Big Short” said he bought shares of regulated sports-betting operators DraftKings and Flutter Entertainment. He said Wednesday that he bought a full-sized position split roughly ...
TRWD Advances Public-Market Platform for Gentlemen's Club Ownership and Experiential Hospitality Growth
NEW YORK--(BUSINESS WIRE)---- $DKNG #ARCEntertainmentGroup--TRWD is building a public-market lane into Gentlemen's Club ownership with Peppermint Hippo, Las Tóxicas, 12+ venues, and $34M+ revenue.
Billionaire John Arnold commits $2.6 million to study online sports betting risk
John Arnold, a billionaire philanthropist and co-founder of Arnold Ventures, is awarding $2.6 million in previously unreported research grants to universities to study the risks of online sports betti...
DraftKings price target lowered to $31 from $32 at Susquehanna
Susquehanna lowered the firm’s price target on DraftKings (DKNG) to $31 from $32 and keeps a Positive rating on the shares. The firm said With fear/impact from prediction markets interpreted…
World Cup to Drive Billions in Betting Volume
This year's World Cup is the first since prediction markets like Kalshi and Polymarket exploded to popularity as a new way to bet on sports. Chad Beynon, Senior Gaming, Lodging, and Theaters Analyst a...
DraftKings Brings $11 Billion Prediction Market Into Flagship App
DraftKings has launched a proprietary, vertically integrated foundation for its prediction markets experience, DraftKings Predictions, and integrated it into the DraftKings: Sports & Casino app. This ...
Illinois Man Sues DraftKings For Allegedly Fueling Gambling Addiction
A similar class-action lawsuit against FanDuel and DraftKings in Massachusetts state court alleges the sportsbooks track user behavior and use that data to target them to keep betting “precisely when ...
DraftKings launches proprietary prediction markets exchange
DraftKings (DKNG) announced the launch of its proprietary prediction markets exchange, DKeX, with integration into the DraftKings: Sports & Casino app, further advancing the DraftKings Predictions exp...
DraftKings Launches Proprietary Exchange to Bolster Differentiated Predictions Experience
BOSTON--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced the launch of its proprietary prediction markets exchange, DKeX, with integration into the unifi...
DraftKings (DKNG) Aims for 3M New Users in 2026, Bets on Prediction Market
DraftKings’ ($DKNG) shares edged higher during Thursday’s pre-market session. This followed the revelation that the online sports betting company is aiming to acquire between 2 million and 3 million n...
DraftKings price target raised to $36 from $34 at Citizens
Citizens analyst Jordan Bender raised the firm’s price target on DraftKings (DKNG) to $36 from $34 and keeps an Outperform rating on the shares. DraftKings is signaling an aggressive push…
Meta is building a prediction markets app, the New York Times says. These stocks are falling in response
Meta CEO Mark Zuckerberg has directed staff to build a prediction markets platform, according to a New York Times report. The app would be separate from the company's social media platforms Facebook a...
DraftKings management to meet with Citizens
Meeting to be held in Boston on June 23 hosted by Citizens.
Flutter Entertainment price target raised to $168 from $161 at Wells Fargo
Wells Fargo raised the firm’s price target on Flutter Entertainment to $168 from $161 and keeps an Equal Weight rating on the shares. The firm expects DraftKings (DKNG) and Flutter…
TRWD Reserves “ARC Entertainment Group” Name to Anchor Its Multi-Brand Platform
NEW YORK--(BUSINESS WIRE)---- $DKNG #ARCEntertainmentGroup--TRWD reserves "ARC Entertainment Group" as it builds a multi-brand empire to roll up the $10B adult nightlife sector.
JPMorgan says DraftKings prediction volumes progress, not near-term upside
JPMorgan says DraftKings (DKNG) CEO Jason Robins disclosed yesterday during an interview that during May, its annualized prediction market volumes increased 34% month-over-month to $3.1B and included ...
Sports betting is taking a bite out of gamblers' grocery budgets, new research suggests
A report released just days before the start of the FIFA World Cup finds a correlation between sports betting and not having enough to eat.
Jefferies ‘incrementally more constructive’ on DraftKings after fireside chat
After a fireside chat in London with DraftKings (DKNG) CEO Jason Robins, Jefferies came away “incrementally more constructive,” the analyst tells investors. The company noted the negative Street bias ...
DraftKings Transcript: 54th Nasdaq London Investor Conference
Net revenue is rising faster than handle due to improved margins and promotional efficiency, while prediction markets are impacting handle but not revenue. Major growth is expected from prediction markets and iGaming, with AI driving operational efficiency. Regulatory changes and national marketing are set to expand reach and profitability.
DraftKings stock jumps 11% as prediction markets volume surges
Shares of DraftKings (DKNG) rallied on Tuesday after the sports-betting company reported strong growth in activity on its predictions platform. The update fueled investor optimism about DraftKings' po...