DraftKings Inc. (DKNG)
| Market Cap | 12.65B -26.0% |
| Revenue (ttm) | 6.29B +25.8% |
| Net Income | 58.64M |
| EPS | 0.09 |
| Shares Out | 495.76M |
| PE Ratio | 271.28 |
| Forward PE | 57.99 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 28,569,219 |
| Open | 26.40 |
| Previous Close | 25.22 |
| Day's Range | 25.48 - 27.21 |
| 52-Week Range | 20.46 - 48.78 |
| Beta | 1.67 |
| Analysts | Strong Buy |
| Price Target | 37.34 (+46.32%) |
| Earnings Date | May 7, 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 30 analysts, the average rating for DKNG stock is "Strong Buy." The 12-month stock price target is $37.34, which is an increase of 46.32% from the latest price.
News
DraftKings price target raised to $32 from $31 at Wells Fargo
Wells Fargo raised the firm’s price target on DraftKings (DKNG) to $32 from $31 and keeps an Overweight rating on the shares. The company reported a small Q1 beat and
DraftKings Bets on Exchange-Style Expansion As Sportsbook Sector Matures
Customer acquisition at scale is no longer the name of the online sports betting game. According to executives on DraftKings' Friday (May 8) first-quarter 2026 earnings call, competition is increasing...
DraftKings CEO Jason Robins on prediction markets
DraftKings CEO Jason Robins joined "Closing Bell: Overtime" to discuss the growth of prediction markets and more.
DraftKings price target raised to $30 from $28 at BTIG
BTIG raised the firm’s price target on DraftKings (DKNG) to $30 from $28 and keeps a Buy rating on the shares. The company’s Q1 results exceeded expectations on healthier sportsbook
DraftKings Earnings Call Transcript: Q1 2026
Q1 revenue grew 17% year-over-year to over $1.6 billion, with adjusted EBITDA up 64% to $168 million. Fiscal 2026 guidance is reaffirmed, with $200–$300 million planned for predictions investment and strong core profitability. Customer acquisition costs for predictions dropped over 80% in April.
DraftKings Swings to First-Quarter Profit on Better Sportsbook Margins
The online sports betting company posted a profit of $21.1 million on strong engagement from a growing roster of customers.
DraftKings reports Q1 adjusted EPS 20c, consensus 17c
Reports Q1 revenue $1.646B, consensus $1.63B. Monthly Unique Payers decreased 4% to 4.2M in the three months ended March 31, 2026 compared to the three months ended March 31, 2025,
DraftKings backs FY25 revenue $6.5B-$6.9B, consensus $6.83B
“We are off to a fantastic start to the year as our first quarter results exceeded our expectations,” said Jason Robins, DraftKings (DKNG)’ Chief Executive Officer and Co-founder. “Our core
DraftKings Reports First Quarter Revenue of $1,646 Million
BOSTON--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced its first quarter 2026 financial results. The Company also posted a first quarter 2026 business ...
DraftKings Earnings Are Coming. Watch Prediction Market Trends.
DraftKings earnings will give investors a closer look at how the sports-betting company is approaching the rise of prediction markets.
Options Volatility and Implied Earnings Moves Today, May 07, 2026
Today, several major companies are expected to report earnings: Gilead Sciences (GILD), McDonald’s (MCD), Trade Desk (TTD), DraftKings (DKNG), Airbnb (ABNB), Rocket Lab USA (RKLB), Coinbase Global (CO...
DraftKings (DKNG) Is Set to Report Its Q1 Earnings Results – Here’s What to Expect
Sports betting platform DraftKings ($DKNG) is set to report its Q1 2026 earnings on May 7, with Wall Street expecting EPS of $0.01 versus -$0.07 in the same quarter last
DraftKings Transcript: 29th Annual Global Conference
Prediction markets are increasingly used for fast, market-driven insights in finance, politics, and sports, supplementing traditional research and sentiment indicators. Regulatory oversight and innovation are shaping the industry, with integrity and adaptability as ongoing priorities.
DraftKings Announces Paul Liberman's Participation in Upcoming Event
BOSTON--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced that Paul Liberman, the Company's President of Operations and Co-Founder, will participate in th...
DraftKings call volume above normal and directionally bullish
Bullish option flow detected in DraftKings (DKNG) with 25,553 calls trading, 1.7x expected, and implied vol increasing over 4 points to 72.66%. 5/1 weekly 24.5 calls and 5/1 weekly 23.5
Flutter, DraftKings higher after CFTC chair talks prediction market regulation
Shares of Flutter Entertainment (FLUT) and DraftKings (DKNG) moved higher after Commodity Futures Trading Commission Chairman Michael Selig told Front Office Sports that proposals to regulate predicti...
YieldMax® DKNG Option Income Strategy ETF (NYSE Arca: DRAY) Notice of NAV Restatement
MILWAUKEE, April 26, 2026 (GLOBE NEWSWIRE) -- Tidal Investments LLC (“Tidal”), investment adviser to the YieldMax® DKNG Option Income Strategy ETF (the “Fund”), announced today that it has completed a...
DraftKings to Release First Quarter 2026 Results on May 7, 2026 and Host Conference Call on May 8, 2026
BOSTON--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) (the “Company” or “DraftKings”) today announced that it will release its first quarter 2026 results after the close of market trading on Thursda...
DraftKings Announces Intent to Launch Online Sportsbook and Casino in Alberta, Canada
BOSTON--(BUSINESS WIRE)--DraftKings (Nasdaq: DKNG) today announced its intent to launch its online sports betting and casino products in Alberta, Canada, pending licensure and regulatory approval. If ...
FanDuel and DraftKings Fund $41 Million Lobbying Effort by Super PAC
Sports gambling platforms have contributed $41 million to a new federal super political action committee (PAC) this year, Bloomberg reported Wednesday (April 15), citing filings from the Federal Elect...
Prediction markets will grow to $1 trillion by 2030, Bernstein estimates
Investment firm Bernstein estimates that by 2030, prediction market volumes will surge to roughly $1 trillion. Dollar volumes on the markets surged in 2024, spurred by the U.S. presidential election,...
Why Duke's Loss to UConn Is Good News for Sports Betting Stocks
UConn's upset over Duke highlights how sportsbook profits rise when favorites lose, offering a potential boost for companies like DraftKings and Flutter Entertainment.
DraftKings and MGM shares rise as new bill threatens to ban sports gambling on Kalshi, Polymarket
It's estimated that around 90% of Kalshi's prediction-market fees revenue has been tied to sports in recent months.
Gambling stocks rally as US lawmakers target prediction markets
Shares of major gambling companies rose on Monday after US senators introduced legislation aimed at restricting sports betting through prediction markets, a move investors see as supportive of traditi...