DraftKings Inc. (DKNG)
| Market Cap | 16.03B |
| Revenue (ttm) | 5.46B |
| Net Income (ttm) | -267.57M |
| Shares Out | 497.77M |
| EPS (ttm) | -0.54 |
| PE Ratio | n/a |
| Forward PE | 77.48 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 14,145,186 |
| Open | 31.73 |
| Previous Close | 31.67 |
| Day's Range | 31.70 - 32.96 |
| 52-Week Range | 26.23 - 53.61 |
| Beta | 1.61 |
| Analysts | Strong Buy |
| Price Target | 47.71 (+48.17%) |
| Earnings Date | Nov 6, 2025 |
About DKNG
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]
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 StatementsAnalyst Summary
According to 28 analysts, the average rating for DKNG stock is "Strong Buy." The 12-month stock price target is $47.71, which is an increase of 48.17% from the latest price.
News
DraftKings Launches Spanish-Language Experience for its Online Sportsbook and Casino
The launch reaffirms the company's dedication to a customer-first commitment while expanding its reach to a broader audience The launch reaffirms the company's dedication to a customer-first commitmen...
DraftKings, Flutter Sell-Off 'Overdone': Analyst Says Prediction Markets Provide $5 Billion Opportunity
The rise of prediction markets has sent DraftKings Inc (NASDAQ: DKNG) and Flutter Entertainment PLC (NYSE: FLUT) shares lower. While some investors and analysts see prediction markets as a major compe...
DraftKings Set to Launch Mobile Sports Wagering in Missouri on December 1
BOSTON, Nov. 24, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) today announced plans to launch its top-rated mobile sportsbook in Missouri on December 1, 2025. Earlier this year, the Missour...
What to Know Before Buying DraftKings Stock
The betting stock is mired in a lengthy slump. It's become a battleground of prediction market concern and football wagering woes.
DraftKings CEO and Co-Founder Jason Robins Named the 2025 American Gambling Awards C-Suite Executive of the Year
CHARLOTTE, N.C.--(BUSINESS WIRE)--The American Gambling Awards is pleased to announce that Jason Robins, Chief Executive Officer and Co-Founder of DraftKings Inc. (Nasdaq: DKNG) (“DraftKings”), has be...
FanDuel, DraftKings abandon AGA trade group as rift over sports prediction markets grows
FanDuel and DraftKings on Tuesday said they are quitting the American Gaming Association. Prediction platforms like Kalshi and Polymarket, which allow customers to trade on events across pop culture, ...
DraftKings: Growth Engine Re-Ignites - Buy The Meltdown
DraftKings' meltdown continues as it retests the 2.5Y bottom of $29s, thanks to the intensifying competition from the Prediction Markets and the customer-friendly sport outcomes in FQ3'25. This is wor...
DraftKings: Difficult To Trust This Company's Choppy Performance (Rating Downgrade)
DraftKings (DKNG) is downgraded to a sell rating after a disappointing Q3 earnings report and a 20% year-to-date stock decline. DKNG's valuation remains stretched at 31x FY25 adjusted EBITDA, despite ...
Should You Buy DraftKings Stock After the Huge Investor Update?
DraftKings (DKNG +3.18%) stock investors are concerned about the increasing competition from prediction markets.
Is DraftKings Stock in Trouble?
DraftKings fell well short of expectations with its most recent quarterly results. Its CEO is bullish on the prediction markets, but it may only intensify competition.
DraftKings Q3 Sports Betting Results Disappoint Analyst: 'No Way To Describe
Sports betting giant DraftKings Inc (NASDAQ:DKNG) reported mixed results for the third quarter on Thursday. An analyst breaks down what the results mean and what's next for the company.
DraftKings Says It Will Use Prediction Markets to Pressure States on Sports Betting
Prediction markets can be used as a “powerful lever” to pressure states to legalize online sports betting, DraftKings CEO Jason Robins said Friday.
Why it could be harder to find a job if you get laid off, DraftKings CEO on sports betting, earnings
Market Catalysts anchor Julie Hyman breaks down the latest financial news for November 7, 2025. Betsey Stevenson, University of Michigan Professor of Public Policy, discusses conflicting jobs data ami...
DraftKings CEO Talks ESPN Partnership, Prediction Market
DraftKings CEO Jason Robins discusses Walt Disney Co. signing a new multiyear deal to make the company ESPN's new sports-betting partner. Speaking with Ed Ludlow and Caroline Hyde on "Bloomberg Tech,"...
Prediction Push and ESPN Deal Highlight DraftKings' Gamble on the Future
The future may be impossible to predict, but it's becoming increasingly possible to bet on. As the race to win the multibillion-dollar sports gaming market in the United States enters its next phase, ...
DraftKings Inc. (DKNG) Q3 2025 Earnings Call Transcript
DraftKings Inc. ( DKNG) Q3 2025 Earnings Call November 7, 2025 8:30 AM EST Company Participants Michael DeLalio Jason Robins - Co-Founder, Chairman & CEO Alan Ellingson - Chief Financial Officer Conf...
Here's why the DraftKings stock is in a freefall after earnings
The DraftKings stock price woes accelerated after the company published its quarterly results and issued a weak forward guidance. DKNG crashed by over 7% to $25 on the extended hours, much lower than ...
Block Posts Downbeat Q3 Results, Joins Archer Aviation, DraftKings And Other Big Stocks Moving Lower In Friday's Pre-Market Session
U.S. stock futures were lower this morning, with the Nasdaq futures falling around 100 points on Friday.
DraftKings CEO Jason Robins goes one-on-one with Jim Cramer
DraftKings Chairman, Co-Founder and CEO Jason Robins joins 'Mad Money' host Jim Cramer to talk quarterly results, the growth of prediction markets, trends in the sports gambling space, and more.
We view prediction markets as an opportunity, says DraftKings CEO Jason Robins
DraftKings Chairman, Co-Founder and CEO Jason Robins joins 'Mad Money' host Jim Cramer to talk quarterly results, the growth of prediction markets, trends in the sports gambling space, and more.
DraftKings CEO says prediction markets aren't luring customers away from sports betting
DraftKings CEO Jason Robins suggested the rising popularity of prediction markets isn't hurting business. He stressed that traditional sports betting and prediction markets have very different offerin...
DraftKings Cuts Sales Outlook as It Ramps Up Prediction Markets Investments
The sports-betting company is investing more in prediction markets and expanding to new states.
DraftKings Reports Third Quarter 2025 Results
BOSTON, Nov. 06, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced its third quarter 2025 financial results. The Company also posted a third quart...
Is DraftKings really better suited to ESPN than Penn Entertainment?
ESPN has officially ended its partnership with Penn Entertainment (NASDAQ: PENN) and named DraftKings Inc (NASDAQ: DKNG) as its new exclusive sportsbook partner. The announcement arrives just two year...
DraftKings Picks Up a New Partner in the Competitive Sports-Betting Business
ESPN is betting on DraftKings.