DraftKings Inc. (DKNG)
| Market Cap | 14.96B |
| Revenue (ttm) | 5.41B |
| Net Income (ttm) | -304.47M |
| Shares Out | 496.47M |
| EPS (ttm) | -0.62 |
| PE Ratio | n/a |
| Forward PE | 38.74 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 13,788,803 |
| Open | 30.30 |
| Previous Close | 30.65 |
| Day's Range | 29.89 - 30.85 |
| 52-Week Range | 29.64 - 53.61 |
| Beta | 1.98 |
| Analysts | Strong Buy |
| Price Target | 52.77 (+75.08%) |
| 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 26 analysts, the average rating for DKNG stock is "Strong Buy." The 12-month stock price target is $52.77, which is an increase of 75.08% from the latest price.
News
DraftKings Appoints Gregory W. Wendt to Board of Directors
BOSTON, Oct. 28, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) today announced the appointment of Gregory W. Wendt to its Board of Directors as an independent director, effective October 24,...
Could DraftKings Stock Drop To $23?
DraftKings (DKNG) stock has dipped by 22.1% in under a month, from $42.32 on 9/26/2025 to its current price of $32.96. What is on the horizon?
Sportsbooks were called ‘victims' in new NBA gambling probe. Here's what DraftKings, FanDuel have to say.
The sportsbooks say they play a key role in helping regulators identify suspicious betting activity.
Illegal NBA gambling busts put sportsbooks on the defense
FBI Director Kash Patel on Thursday announced the arrests of Portland Trailblazers coach Chauncey Billups and Miami Heat player Terry Rozier. Legal licensed sportsbooks in the U.S. have enjoyed massiv...
DraftKings to Release Third Quarter 2025 Results on November 6, 2025 and Host Conference Call on November 7, 2025
BOSTON, Oct. 23, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (the “Company” or “DraftKings”) today announced that it will release its third quarter 2025 results after the close of market t...
DraftKings Expands Into Prediction Markets Game With Railbird Acquisition
DraftKings (DKNG) is expanding into the booming prediction markets business.
DraftKings Is Launching Prediction Markets. Wall Street Is Cautiously Optimistic.
The online sports-betting company acquires Railbird Technologies in its first step toward launching a prediction market product.
Wall Street Breakfast Podcast: DraftKings Bets On Predictions
DraftKings (DKNG) surges 5.4% premarket after acquiring Railbird Technologies, expanding into regulated prediction markets beyond sports betting. DKNG will launch DraftKings Predictions, a new app ena...
DraftKings Acquires Railbird to Expand Into Prediction Markets
Digital gaming company DraftKings has acquired Railbird Technologies and its wholly owned subsidiary, Railbird Exchange, which is a federally licensed exchange designated by the Commodity Futures Trad...
DraftKings to Launch Prediction Markets Platform
The company will launch DraftKings Predictions, a mobile app that will allow users to trade contracts on the outcomes of events in finance, culture and entertainment.
DraftKings Acquires Railbird to Advance Future Growth in Prediction Markets
Acquisition provides technology, licensing, experience to support DraftKings' long-term ability to deliver and operate a best-in-class product Acquisition provides technology, licensing, experience to...
DraftKings acquires predictions platform Railbird
DraftKings is acquiring predictions platform Railbird. The sports betting giant is preparing to launch a new platform in the coming months called DraftKings Predictions.
DraftKings: Market Misconception After Typhoon In Macau
DraftKings is undervalued due to misplaced negative sentiment from Macau casino closures and prediction market headlines, despite no direct exposure. DKNG's core strength lies in growing parlay bet vo...
DraftKings' Meltdown Is Here - Prediction Market Prospects Remain Mixed
DraftKings' much-needed correction to my Buy Zone at the established 2024/ 2025 trading support at $33s is finally here, as the market overreacts to the prediction markets' success. Given Kalshi's ong...
Here's why Wall Street is betting against DraftKings and FanDuel — and going all in on Polymarket and Kalshi
Kalshi and Polymarket could pose an existential threat to sports-betting companies.
DraftKings and FanDuel Extend Losing Streak as Prediction Markets Gain Steam
DraftKings and FanDuel-parent Flutter have seen their stocks fall more than 20% over the last month, as prediction markets threaten to win their gambling customers.
September was pivotal month for DraftKings as stock slides, says Jim Cramer
Mad Money host Jim Cramer breaks down DraftKings' steep decline as the stock is down nearly 28% from last month's peak.
DraftKings stock has been obliterated since September peak, says Jim Cramer
Mad Money host Jim Cramer discusses DraftKings' strong August quarter, CEO Jason Robins' upbeat interview, the stock's rally to $48 in early September, its nearly 28% decline since then, and more.
Kalshi is not having any impact on DraftKings, FanDuel, says Jefferies analyst David Katz
CNBC's “The Exchange” team discusses why betting stocks are under pressure with David Katz, gaming, lodging and leisure analyst at Jefferies.
Morgan Stanley says buy into weakness in Flutter and DraftKings after Kalshi enters parlays market
The stock-price sell-off in FanDuel's parent company and DraftKings was too severe, an analyst is arguing on Wednesday.
DraftKings Teams Up with The Larry Fitzgerald Foundation, Turning Picks into Breast Cancer Awareness and Support
BOSTON, Oct. 01, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) announced today that the company will once again join with The Larry Fitzgerald Foundation this October for the Pink ‘Em campai...
NBCUniversal and DraftKings Enter Multi-Year Collaboration Across Expansive Sports Portfolio
Exclusive Agreement Creates Cross-Platform Integrations For All Major Sports Properties Including NBA, NFL, NCAA PGA Tour, Premier League, and More Exclusive Agreement Creates Cross-Platform Integrati...
DraftKings: Football Season Is Here, But A Phantom Tax Is Now My Concern (Rating Downgrade)
I am downgrading DraftKings from bullish to neutral due to the Big Beautiful Bill's tax changes impacting gambling losses starting in 2026. Section 165(d) now limits gambling loss deductions to 90%, m...
DraftKings Faces Parlay Blow As NFL Betting Action Heats Up
Bank of America Securities analysts weighed in on the U.S. sports betting landscape following the opening week of National Football League and college football action, observing a complex yet broadly ...
DraftKings: Profits Came Even Earlier Than I Thought
DraftKings achieved GAAP profitability ahead of expectations, marking a major turning point and validating my earlier 'Buy' rating. Q2 2025 saw record revenue, strong operational leverage, and signifi...