DraftKings Inc. (DKNG)
| Market Cap | 10.32B -37.0% |
| Revenue (ttm) | 6.22B +15.0% |
| Net Income | -166.90M |
| EPS | -0.35 |
| Shares Out | 496.45M |
| PE Ratio | n/a |
| Forward PE | 54.50 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 10,575,804 |
| Open | 21.14 |
| Previous Close | 21.22 |
| Day's Range | 20.25 - 21.14 |
| 52-Week Range | 18.35 - 36.98 |
| Beta | 1.61 |
| Analysts | Strong Buy |
| Price Target | 33.84 (+62.85%) |
| 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 "Strong Buy." The 12-month stock price target is $33.84, which is an increase of 62.85% from the latest price.
News
DraftKings faces increased scrutiny over customer targeting policies, NYT says
DraftKings (DKNG) is facing increased scrutiny as federal lawmakers and regulators in several states have started questioning the company about its use of artificial intelligence and behavioral data t...
DraftKings price target lowered to $32 from $36 at Stifel
Stifel analyst Jeffrey Stantial lowered the firm’s price target on DraftKings (DKNG) to $32 from $36 and keeps a Buy rating on the shares.
DraftKings price target lowered to $40 from $44 at Canaccord
Canaccord lowered the firm’s price target on DraftKings (DKNG) to $40 from $44 and keeps a Buy rating on the shares. The firm noted sentiment remains challenged across digital gaming,…
DraftKings Transcript: NEXTPredict Summit NYC 2026
Prediction markets are expanding beyond sports, with institutional hedging, new contract types and shared-product strategies gaining traction. Speakers highlighted regulatory uncertainty, retention economics, customer safeguards and trust as key tests of durable growth.
DraftKings price target lowered to $22 from $25 at MoffettNathanson
MoffettNathanson analyst Robert Fishman lowered the firm’s price target on DraftKings (DKNG) to $22 from $25 and keeps a Neutral rating on the shares. The firm updated the company’s model…
DraftKings to Release Third Quarter 2026 Results on November 5, 2026 and Host Conference Call on November 6, 2026
BOSTON--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) (the “Company” or “DraftKings”) today announced that it will release its third quarter 2026 results after the close of market trading on Thursda...
DraftKings price target lowered to $26 from $29 at Truist
Truist analyst Barry Jonas lowered the firm’s price target on DraftKings (DKNG) to $26 from $29 and keeps a Buy rating on the shares as part of a broader research…
DraftKings price target lowered to $30 from $33 at JPMorgan
JPMorgan analyst Daniel Politzer lowered the firm’s price target on DraftKings (DKNG) to $30 from $33 and keeps an Overweight rating on the shares. The firm sees “little to get…
DraftKings Announces Jason Robins' Participation at NEXTPredict 2026
BOSTON--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced that Jason Robins, the Company's Chief Executive Officer and Co-founder, will participate in a f...
DraftKings price target raised to $30 from $29 at Wells Fargo
Wells Fargo analyst Trey Bowers raised the firm’s price target on DraftKings (DKNG) to $30 from $29 and keeps an Overweight rating on the shares. The firm estimates handle and…
DraftKings price target lowered to $31 from $36 at Morgan Stanley
Morgan Stanley analyst Stephen Grambling lowered the firm’s price target on DraftKings (DKNG) to $31 from $36 and keeps an Overweight rating on the shares. The firm lowered estimates for…
BofA says buy these 3 stocks ahead of earnings
Bank of America is telling investors to buy BWX Technologies, DraftKings and Grocery Outlet Holdings before they report third-quarter results, backing each name with a different argument. The companie...
DraftKings price target lowered to $28 from $32 at Citi
Citi lowered the firm’s price target on DraftKings (DKNG) to $28 from $32 and keeps a Buy rating on the shares. The firm adjusted targets in the gaming space ahead…
3 Best Growth Stocks Set for 55%+ Upside, According to Analysts
Growth stocks can offer strong return potential when their businesses continue to expand. Planet Labs ($PL), Rocket Lab ($RKLB), and DraftKings ($DKNG) stand out with Strong Buy ratings from analysts…
DraftKings price target lowered to $27 from $33 at Susquehanna
Susquehanna lowered the firm’s price target on DraftKings (DKNG) to $27 from $33 and keeps a Positive rating on the shares. The firm said while they think 3Q profitability will…
DraftKings price target lowered to $30 from $33 at Guggenheim
Guggenheim lowered the firm’s price target on DraftKings (DKNG) to $30 from $33 and keeps a Buy rating on the shares after updating the firm’s model for Q3. Primarily, the…
DraftKings Stock (DKNG) Jumps as BofA Says ‘The King Is Back on Offense’
Shares of online betting company DraftKings ($DKNG) jumped more than 6% to around $20 on Monday afternoon. This followed an upgrade by Bank of America analysts Julie Hoover and Shaun…
DraftKings Stock Jumps After Bank of America Says It's Time to Buy the Stock
Bank of America said it sees an opportunity for investors in DraftKings stock after an extended slump.
DraftKings Stock Pops on BofA Upgrade. Prediction Markets Could Be a ‘Win-Win.
Prediction markets could be a “greater opportunity than threat,” BofA says.
Monday's First Moves: CHRW & RXO Merger, PTC Acquisition, DKNG Upgrade
C.H. Robinson (CHRW) seeks to strengthen its transportation empire with an acquisition of RXO (RXO). As Diane King Hall points out, it's not the only acquisition moving Wall Street on Monday, highligh...
DraftKings Named Exclusive Sportsbook and Online Casino Integration Sponsor of NHL on Prime's Wednesday Night Hockey for the 2026-27 Season
TORONTO--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) today announced an agreement with Prime Video that will make DraftKings the exclusive Sportsbook and Online Casino Integration sponsor of NHL o...
DraftKings Transcript: Wells Fargo 9th Annual Consumer Conference
Sportsbook and iGaming are showing strong growth, with 15% handle gains and regained share, while prediction markets have nearly 2.5x volume since July and now lead in NFL market breadth. Optimized marketing and robust cross-sell drive customer growth, and the business is well-positioned for regulatory shifts.
DraftKings used AI to target losing bettors: ‘The best investment would be a problem gambler'
Ex-employees claimed some of the company's models sought to identify bettors whose gambling losses were likely to increase after receiving incentives.
DraftKings Announces Jason Robins' Participation in Upcoming Event
BOSTON--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced that Jason Robins, the Company's Chief Executive Officer and Co-founder, will participate in the...
DraftKings stock is losing to prediction markets despite CEO reassurances
DraftKings (DKNG) stock is slipping further on Friday amidst mounting pressure from specialized event-contract platforms, most notably Kalshi. Kalshi is seeing a massive surge in sports wagering volum...