DraftKings Inc. (DKNG)
| Market Cap | 9.79B -35.3% |
| Revenue (ttm) | 6.41B +17.4% |
| Net Income | -378.83M |
| EPS | -0.78 |
| Shares Out | 498.29M |
| PE Ratio | n/a |
| Forward PE | 102.45 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 29,949,436 |
| Open | 19.40 |
| Previous Close | 19.36 |
| Day's Range | 19.00 - 19.85 |
| 52-Week Range | 16.55 - 36.98 |
| Beta | 1.61 |
| Analysts | Buy |
| Price Target | 26.67 (+35.79%) |
| Earnings Date | Nov 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 37 analysts, the average rating for DKNG stock is "Buy." The 12-month stock price target is $26.67, which is an increase of 35.79% from the latest price.
News
DraftKings downgraded to Equal Weight from Overweight at Wells Fargo
Wells Fargo downgraded DraftKings (DKNG) to Equal Weight from Overweight with a price target of $21, down from $30, following the Q3 report. Investors may could take a “very cautious…
DraftKings downgraded to Hold from Buy at Berenberg
Berenberg analyst Jack Cummins downgraded DraftKings (DKNG) to Hold from Buy with a price target of $20, down from $27.50. The company reported a big Q3 miss against expectations and…
DraftKings price target lowered to $22 from $28 at Citi
Citi lowered the firm’s price target on DraftKings (DKNG) to $22 from $28 and keeps a Buy rating on the shares. The company reported a big Q3 miss and guided…
DraftKings price target lowered to $28 from $30 at Guggenheim
Guggenheim lowered the firm’s price target on DraftKings (DKNG) to $28 from $30 and keeps a Buy rating on the shares. The firm updated its model for Q3 earnings and…
DraftKings downgraded, Sarepta upgraded: Wall Street’s top analyst calls
The most talked about and market moving research calls around Wall Street are now in one place. Here are today’s research calls that investors need to know, as compiled by…
DraftKings price target lowered to $28 from $30 at Guggenheim
Guggenheim analyst Curry Baker lowered the firm’s price target on DraftKings (DKNG) to $28 from $30 and keeps a Buy rating on the shares. The firm lowered its 2026 and…
DraftKings Stock Battered by Earnings Aftermath. What Wall Street Is Saying.
The stock is having its worst two-day stretch in four years after a bruising third quarter.
Monday's First Moves: BRK/B Earnings, DKNG Downgrades, ABNB 5-Year High
Berkshire Hathaway (BRK/B) shares are not moving much as the company's cash pile builds to $357 billion after earnings. Diane King Hall notes that Warren Buffett's legacy company still faces uncertain...
DraftKings price target lowered to $22 from $28 at Deutsche Bank
Deutsche Bank lowered the firm’s price target on DraftKings (DKNG) to $22 from $28 and keeps a Hold rating on the shares.
DraftKings downgraded, AMD upgraded: Wall Street’s top analyst calls
The most talked about and market moving research calls around Wall Street are now in one place. Here are today’s research calls that investors need to know, as compiled by…
DraftKings price target lowered to $22 from $26 at Truist
Truist lowered the firm’s price target on DraftKings (DKNG) to $22 from $26 and keeps a Buy rating on the shares. The firm cites the company’s surprising Q3 miss and…
DraftKings stock is collapsing: Why shares of the sports-betting app are in retreat today
Sports-betting app DraftKings is not on track to have as good a year as it once expected; the company trimmed its 2026 financial outlook amid the rise of competing prediction markets.
DKNG SHAREHOLDER INVESTIGATION: SueWallSt Notifies Investors of Potential Securities Claims Involving DraftKings
DraftKings reported a third-quarter adjusted EBITDA loss of $316.9 million and a GAAP net loss of about $469 million, a $152.1 million gap. DKNG shares then fell by around a quarter when the market op...
DraftKings price target lowered to $25 from $35 at TD Cowen
TD Cowen lowered the firm’s price target on DraftKings (DKNG) to $25 from $35 and keeps a Buy rating on the shares. The firm upated its model ahead of Q3…
DraftKings price target lowered to $20 from $26 at Texas Capital
Texas Capital lowered the firm’s price target on DraftKings (DKNG) to $20 from $26 and keeps a Hold rating on the shares.
DraftKings price target lowered to $20 from $28 at Northland
Northland analyst Greg Gibas lowered the firm’s price target on DraftKings (DKNG) to $20 from $28 and keeps a Market Perform rating on the shares following the “significant Q3 miss”…
DraftKings price target lowered to $35 from $45 at Mizuho
Mizuho analyst Ben Chaiken lowered the firm’s price target on DraftKings (DKNG) to $35 from $45 and keeps an Outperform rating on the shares. The post-earnings selloff is understandable but…
DraftKings price target lowered to $30 from $40 at Canaccord
Canaccord lowered the firm’s price target on DraftKings (DKNG) to $30 from $40 and keeps a Buy rating on the shares. The firm said DraftKings reported Q3 results below expectations,…
DraftKings price target lowered to $23 from $26 at BTIG
BTIG lowered the firm’s price target on DraftKings (DKNG) to $23 from $26 and keeps a Buy rating on the shares. Modeling the next few years of results for DraftKings…
DraftKings price target lowered to $25 from $30 at Needham
Needham analyst Bernie McTernan lowered the firm’s price target on DraftKings (DKNG) to $25 from $30 and keeps a Buy rating on the shares after its Q3 earnings miss. The…
Investing in Prediction Markets Will Pay Off, DraftKings CEO Says
DraftKings shares fell as much as 29% on Friday after the company slashed its profit forecast, but it keeps investing heavily in prediction markets. Chief Executive Officer CEO Jason Robins says most ...
DraftKings' expensive bet on prediction markets is crushing its stock
Shares of the online betting platform slid more than 26% on Friday, as analysts worry about regulation and competition.
DraftKings stock just lost 20%: the real story isn't the earnings miss
DraftKings (DKNG) shares opened sharply lower on Friday after the sports betting giant reported its fiscal Q3 earnings that missed Wall Street estimates and lowered its full-year guidance as well. Rev...
DraftKings Earnings Call Transcript: Q3 2026
Q3 revenue rose 16% YoY, while heavier Predictions spending drove a $317M Adjusted EBITDA loss. FY27 guidance targets 17% revenue growth and $800M-$1B Adjusted EBITDA as Predictions investment steps down and core margins expand.
DraftKings Slides: Q3 2026
DraftKings has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on November 6, 2026.