DraftKings Inc. (DKNG)
| Market Cap | 13.25B -34.5% |
| Revenue (ttm) | 5.46B +18.5% |
| Net Income | -267.57M |
| EPS | -0.54 |
| Shares Out | 497.77M |
| PE Ratio | n/a |
| Forward PE | 83.06 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 17,740,269 |
| Open | 26.00 |
| Previous Close | 25.52 |
| Day's Range | 25.94 - 27.53 |
| 52-Week Range | 25.01 - 53.61 |
| Beta | 1.65 |
| Analysts | Strong Buy |
| Price Target | 48.24 (+81.22%) |
| Earnings Date | Feb 12, 2026 |
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 engages in the design and development of sports betting and casino gaming software for online and retail sportsbooks, and iGaming ope... [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 29 analysts, the average rating for DKNG stock is "Strong Buy." The 12-month stock price target is $48.24, which is an increase of 81.22% from the latest price.
News
Why 2026 will be 'very volatile' for stocks, DraftKings CEO talks Super Bowl, sports betting outlook
Market Domination host Jared Blikre breaks down the latest market news for February 6, 2026. Brad Conger, Hirtle Callaghan chief investment officer, explains why he thinks 2026 will be a 'very volatil...
DraftKings Expands Prediction Markets Catalog in Deal With Crypto.com
New exchange connection brings first player-specific sports event contracts to DraftKings Predictions New exchange connection brings first player-specific sports event contracts to DraftKings Predicti...
Draftkings CEO on Super Bowl: 'We're expecting really big things'
Draftkings CEO Jason Robins joins 'Squawk on the Street' to discuss Super Bowl betting, prediction markets, and more.
DraftKings Stock Falls As CFTC Shifts Prediction Market Policy
DraftKings Inc. (NASDAQ: DKNG) shares declined on Friday. The decline comes as Guggenheim lowered its price target on the stock and the Commodity Futures Trading Commission (CFTC) announced a major po...
DraftKings to Release Fourth Quarter 2025 Results on February 12, 2026 and Host Investor Day on March 2, 2026
Fourth Quarter 2025 Earnings Conference Call to Be Held on February 13, 2026 Fourth Quarter 2025 Earnings Conference Call to Be Held on February 13, 2026
Prediction markets will be an asset for DraftKings and Flutter, says Needham's Bernie McTernan
Bernie McTernan, Needham senior analyst, joins 'Power Lunch' to discuss sports betting stocks, prediction markets and much more.
Are Prediction Markets Really A Threat To DraftKings?
DraftKings is a Strong Buy, and I don't see prediction markets posing a material threat to its sportsbook dominance or growth trajectory. DKNG's business momentum is robust, with all-time highs in hol...
DraftKings, Flutter In Focus As BofA Sees Online Betting Driving Gaming Stocks Into 2026
BofA Securities analyst Shaun C. Kelley said the gaming sector is starting 2026 with online sports betting still at the center of investor focus, even as softer trends across Las Vegas, regional casin...
DraftKings: The Market Should (And Will) Have Some Faith
DraftKings has achieved near-duopoly status in U.S. online sports betting, yet shares remain down 39% from early 2021 highs. Comparisons to the mature U.K. market highlight regulatory risks and stagna...
DraftKings: Why The House Stands To Win In A Catalyst-Rich 2026
DraftKings offers a favorable risk-to-reward profile ahead of the Super Bowl at its current stressed valuation given the stock's 83.3% and 100% win rates in January and February. DraftKings approach t...
Prediction Markets Could Bring Tax ‘Loophole' For Sports Bettors
Until the IRS says otherwise, sports betting on Kalshi and Polymarket may have a tax advantage over traditional sportsbooks.
Jake Paul-Anthony Joshua fight almost cost DraftKings $100 million. Everyday bettors lost instead.
Sportsbooks have been having a tough year — but the Paul-Joshua fight was a good night for the house.
DraftKings Enters The Prediction Markets (Rating Upgrade)
DraftKings Inc. announced its formal entry into the prediction markets with DraftKings Predictions. The launch is a response to increasing prediction market competition. The launch expands DKNG's addr...
DraftKings CEO on entry to prediction markets: We'll be able to compete just fine
Jason Robbins, DraftKings CEO, joins 'The Exchange' to discuss DraftKings' entry into the prediction markets, the regulations behind it and much more.
Massachusetts orders DraftKings to pay $934K after it botched MLB parlay bets
A costly sportsbook screwup left DraftKings on the hook for nearly $1 million after Massachusetts regulators ordered the payouts tied to a botched MLB parlay scheme.
DraftKings Enters Prediction Markets With Rollout of App and Web Product
DraftKings entered prediction markets with the launch of DraftKings Predictions, a standalone app and web product. DraftKings Predictions is now available for eligible U.S. residents and will be added...
Prediction markets could hit a trillion dollars in trading volume by the end of this decade, new report says
Prediction markets could trade a trillion dollars in volume annually by the end of this decade, according to Eilers & Krejcik. Sports is fueling the growth and is forecasted to make up 44% of volume a...
2026 Casino And Online Gaming Outlook: Recovery For Sector As Macro Headwinds Fade
Macro headwinds that drove an 11% decline in Vegas visitation for conventions and tourism in the last nine months are expected to subside, proven by record advance bookings. Inflation, tariffs, and la...
DraftKings Stock Has Gotten Whacked. Why JPMorgan Says It Can Mount a Comeback.
Kalshi and Polymarket may not be a threat for much longer, as the gambling company gears up to launch its own prediction market.
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...
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...