DraftKings Inc. (DKNG)
| Market Cap | 11.68B -23.1% |
| Revenue (ttm) | 6.41B +17.4% |
| Net Income | -378.83M |
| EPS | -0.78 |
| Shares Out | 496.45M |
| PE Ratio | n/a |
| Forward PE | 65.28 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 23,783,853 |
| Open | 23.18 |
| Previous Close | 23.11 |
| Day's Range | 22.84 - 23.69 |
| 52-Week Range | 18.35 - 36.98 |
| Beta | 1.61 |
| Analysts | Buy |
| Price Target | 33.17 (+41.03%) |
| 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 36 analysts, the average rating for DKNG stock is "Buy." The 12-month stock price target is $33.17, which is an increase of 41.03% from the latest price.
News
DraftKings Slides: Q3 2026
DraftKings has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on November 6, 2026.
DraftKings Earnings release: Q3 2026
DraftKings released its Q3 2026 earnings on November 6, 2026, summarizing the period's financial results.
DraftKings Shareholder letter: Q3 2026
DraftKings has published a letter to shareholders covering Q3 2026, which was released on November 6, 2026.
DraftKings Cuts Outlook as It Pours More Money Into Prediction Markets
The company said it now expects full-year 2026 revenue to be $6.35 billion to $6.55 billion, down from its previous guidance of $6.5 billion to $6.9 billion.
DraftKings sees 2027 revenue $7.35B-$7.75B, consensus $7.59B
Sees 2027 adjusted EBITDA $800M-$1.0B, which includes $300M of adjusted EBITDA investment in Predictions at the midpoint.
DraftKings sees 2026 revenue $6.35B-$6.55B, consensus $6.55B
The company said, “DraftKings (DKNG) is updating its fiscal year 2026 revenue guidance range to $6.35 billion to $6.55 billion and its fiscal year 2026 Adjusted EBITDA guidance range to…
DraftKings reports Q3 EPS adjusted EPS (53c), consensus (25c)
Reports Q3 revenue $1.33B, consensus $1.39B. The company said, “The third quarter marked a pivotal moment for DraftKings (DKNG), as the Predictions offering we have been building is now powering…
DraftKings Reports Third Quarter Revenue Growth of 16%
BOSTON--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced its third quarter 2026 financial results. The Company also posted a third quarter 2026 business ...
3 Best Growth Stocks to Buy Now with 37%+ Upside, According to Analysts
Growth stocks can offer strong return potential when their businesses continue to expand. Kratos Defense ($KTOS), Rocket Lab ($RKLB), and DraftKings ($DKNG) stand out with Strong Buy ratings from anal...
DraftKings Could Turn a Sports-Betting Threat Into a Growth Driver
The sports-betting company's expanding exchange business offers a potential growth driver, while legal uncertainty remains.
DraftKings price target lowered to $27 from $29 at Bernstein
Bernstein lowered the firm’s price target on DraftKings (DKNG) to $27 from $29 and keeps an Outperform rating on the shares. The firm says it would look past likely soft…
DraftKings CEO Robins Sees ‘Extraordinary' Opportunity As Prediction Markets Reshape Sports Betting
In this week's episode, CNBC's Contessa Brewer sits down with Jason Robins, DraftKings CEO and co-founder. They discussed the importance of NFL season, the promise of prediction markets, the challenge...
DraftKings price target raised to $26 from $25 at BTIG
BTIG analyst Clark Lampen raised the firm’s price target on DraftKings (DKNG) to $26 from $25 and keeps a Buy rating on the shares as part of a broader research…
DraftKings CEO Jason Robins says parents should talk with kids about gambling addiction
DraftKings CEO Jason Robins says parents should keep an open line of communication with their kids on the topic of gambling addiction. As sports gambling spreads, problem gambling has also increased.
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...
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 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.