DraftKings Inc. (DKNG)
| Market Cap | 19.16B |
| Revenue (ttm) | 4.61B |
| Net Income (ttm) | -417.06M |
| Shares Out | 487.63M |
| EPS (ttm) | -0.87 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 7,094,823 |
| Open | 40.06 |
| Previous Close | 39.68 |
| Day's Range | 39.09 - 40.36 |
| 52-Week Range | 28.69 - 49.57 |
| Beta | 1.89 |
| Analysts | Strong Buy |
| Price Target | 50.80 (+29.3%) |
| Earnings Date | Feb 13, 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 and casino, daily fantasy sports, media, and other consumer products, as well as retails sportsbooks. The company also engages in the design and development of sports betting and casino gaming software for online and retail sportsbooks, and iGaming operators. In addition, it offers DraftKings marketplace, a digital collectibles ecosystem designed for mainstream accessibility that offers curate... [Read more]
Financial Performance
In 2023, DraftKings's revenue was $3.67 billion, an increase of 63.60% compared to the previous year's $2.24 billion. Losses were -$802.14 million, -41.79% less than in 2022.
Financial StatementsAnalyst Forecast
According to 25 analysts, the average rating for DKNG stock is "Strong Buy." The 12-month stock price forecast is $50.8, which is an increase of 29.30% from the latest price.
News
DraftKings: Undervalued For Its High Growth Cadence And Expanding Market Share
DraftKings: Undervalued For Its High Growth Cadence And Expanding Market Share
Democratic senator urges Delta Air, DraftKings to halt in-flight gaming partnership
Democratic Senator Richard Blumenthal on Friday urged Delta Air Lines and DraftKings to halt a partnership to offer in-flight gaming to passengers.
DraftKings' new bet, CFP Championship: YF Sports Report
While there's plenty to discuss in the world of sports, postseason football is making its foray into the spotlight this week. The divisional round of the NFL playoffs kicks off on Sunday, January 19, ...
ValuEngine's Top 10 Stocks For 2025
Since the methodology we applied at the end of 2023 produced such a resilient portfolio, we repeated the process using ValuEngine's data from the December 31, 2024 close to choose 10 stocks for the ne...
The Big 3: GOOGL, MSFT, DKNG
Jessica Inskip is bullish on today's Big 3. She explains why Alphabet's (GOOGL) A.I.
Jim Cramer on if now is the time to get into DraftKings
'Mad Money' host Jim Cramer talks why he like DraftKings at this level.
Top Sports Betting Stocks Will Likely Outperform Sector In 2025 - Here Are Our Picks Of The Crop
Sports betting growth is driving gaming shares, with BetMGM and Caesars Sportsbook well-positioned for market share gains in 2025. FanDuel and Draft Kings dominate the market, holding over 72% combine...
DraftKings Pilots Subscription Service for NY Customers
DraftKings is testing a subscription service aimed at giving paying customers improved odds. The $20-per-month plan was rolled out quietly late last month for select customers in New York, giving play...
Why DraftKings is betting on a subscription service that gives members improved odds
Some consumers will have the ability to pay $20 a month for better odds on their parlays.
DraftKings tests a subscription service as it looks to offset high New York taxes
DraftKings is testing out a subscription service for select customers in New York, as it tries to offset the state's high gaming taxes. Subscribers will get a boost in odds on all winning parlays.
Top Wall Street analysts suggest these stocks with attractive upside potential
TipRanks' analyst ranking service highlights three stocks favored by the Street's top pros, including Salesforce and Booking Holdings.
DraftKings: Positioned For Growth - Here's Why You Should Buy Now
There are reasons to be optimistic in 2025 and beyond, including the company's improving financials and the potential to enter more states with gambling and sports betting. DraftKings missed Q3 2024 r...
DraftKings: Odds Are In Investor's Favor
In 3Q24, DKNG saw 39% y/y revenue growth, improved operating margin to -27.21%, and a 14% surge in new players. Overall, the industry continues to expand as more states legalize online gaming. Total m...
DraftKings Forms Golden Cross: A Bullish Bet To $55
DraftKings Inc DKNG is rolling the dice on a strong technical setup.
DraftKings Inc. (DKNG) CEO Jason Robins Hosts Craig-Hallum's 4th Annual Online Gaming Conference (Transcript)
DraftKings Inc. (NASDAQ:DKNG) Craig-Hallum's 4th Annual Online Gaming Conference Call December 2, 2024 9:00 AM ET Company Participants Jason Robins - Founder & Chief Executive Officer Conference Call...
DraftKings Announces Jason Robins' Participation in Upcoming Event
BOSTON, Nov. 29, 2024 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced that Jason Robins, the Company's Chief Executive Officer and Co-founder, will p...
DraftKings: Riding The Sports Betting Wave
DraftKings shows strong Q3 earnings with 39% YoY revenue growth, despite regulatory and tax headwinds impacting the sports betting industry. The investment thesis hinges on DKNG's aggressive marketing...
DraftKings earnings, PFL goes international: YF Sports Report
Who knew betting on the NFL would cost DraftKings (DKNG) $250 million? On this week's episode of Yahoo Finance Sports Report, host Joe Pompliano takes a look at the sports betting giant and breaks dow...
DKNG on "Treadmill That Will Never Stop" in Sports Betting Space
According to @LikeFolio's Andy Swan, sports betting trades are a double-edged sword. For one, he expects legalization in several states to serve as a tailwind.
Chief Future Officer: Alan Ellingson, DraftKings
Chief Financial Officers now play a critical role in shaping corporate strategy and positioning organizations to meet future challenges. This episode profiles DraftKings CFO Alan Ellingson: the online...
DraftKings Thrives as Sports Betting Booms
Since a 2018 Supreme Court decision legalized sports betting in the US, it's become a $10 billion industry. Boston-based DraftKings is a leader in the sector.
How DraftKings Gets an Edge from AI
Online sports betting operator DraftKings processes data from millions of users, with an eye to developing better products as well as reinforcing trust and safety. On Bloomberg Chief Future Officer, C...
DraftKings stock price inverse H&S points to a 15% pop
DraftKings stock price has rallied for seven consecutive days, reaching its highest level since June 20 after publishing better earnings than expected. DKNG shares jumped to a high of $43, up by over ...