DraftKings Inc. (DKNG)

NASDAQ: DKNG · Real-Time Price · USD
34.38
+0.19 (0.54%)
Dec 19, 2025, 10:14 AM EST - Market open
0.54%
Market Cap17.11B
Revenue (ttm)5.46B
Net Income (ttm)-267.57M
Shares Out 497.77M
EPS (ttm)-0.54
PE Ration/a
Forward PE82.60
Dividendn/a
Ex-Dividend Daten/a
Volume1,698,245
Open34.84
Previous Close34.19
Day's Range34.23 - 34.85
52-Week Range26.23 - 53.61
Beta1.60
AnalystsStrong Buy
Price Target47.82 (+39.11%)
Earnings DateNov 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 engages in the design and development of sports betting and casino gaming software for online and retail sportsbooks, and iGaming ope... [Read more]

Industry Gambling
CEO Jason Robins
Employees 5,100
Stock Exchange NASDAQ
Ticker Symbol DKNG
Full Company Profile

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 Statements

Analyst Summary

According to 28 analysts, the average rating for DKNG stock is "Strong Buy." The 12-month stock price target is $47.82, which is an increase of 39.11% from the latest price.

Price Target
$47.82
(39.11% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

Other symbols: FLUTHOOD
1 day ago - CNBC

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...

Other symbols: CZRFLUTRSI
1 day ago - Seeking Alpha

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.

18 days ago - Barrons

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...

24 days ago - GlobeNewsWire

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...

Other symbols: FLUT
24 days ago - Benzinga

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...

25 days ago - GlobeNewsWire

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...

Other symbols: GAMB
4 weeks ago - Business Wire

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, ...

Other symbols: FLUT
4 weeks ago - CNBC

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...

4 weeks ago - Seeking Alpha

DraftKings: Difficult To Trust This Company's Choppy Performance (Rating Downgrade)

DraftKings (DKNG) is downgraded to a sell rating after a disappointing Q3 earnings report and a 20% year-to-date stock decline. DKNG's valuation remains stretched at 31x FY25 adjusted EBITDA, despite ...

4 weeks ago - Seeking Alpha

DraftKings Q3 Sports Betting Results Disappoint Analyst: 'No Way To Describe

Sports betting giant DraftKings Inc (NASDAQ:DKNG) reported mixed results for the third quarter on Thursday. An analyst breaks down what the results mean and what's next for the company.

5 weeks ago - Benzinga

DraftKings Says It Will Use Prediction Markets to Pressure States on Sports Betting

Prediction markets can be used as a “powerful lever” to pressure states to legalize online sports betting, DraftKings CEO Jason Robins said Friday.

5 weeks ago - Barrons

Why it could be harder to find a job if you get laid off, DraftKings CEO on sports betting, earnings

Market Catalysts anchor Julie Hyman breaks down the latest financial news for November 7, 2025. Betsey Stevenson, University of Michigan Professor of Public Policy, discusses conflicting jobs data ami...

5 weeks ago - Yahoo Finance

DraftKings CEO Talks ESPN Partnership, Prediction Market

DraftKings CEO Jason Robins discusses Walt Disney Co. signing a new multiyear deal to make the company ESPN's new sports-betting partner. Speaking with Ed Ludlow and Caroline Hyde on "Bloomberg Tech,"...

Other symbols: DIS
5 weeks ago - Bloomberg Markets and Finance

Prediction Push and ESPN Deal Highlight DraftKings' Gamble on the Future

The future may be impossible to predict, but it's becoming increasingly possible to bet on. As the race to win the multibillion-dollar sports gaming market in the United States enters its next phase, ...

5 weeks ago - PYMNTS

DraftKings Inc. (DKNG) Q3 2025 Earnings Call Transcript

DraftKings Inc. ( DKNG) Q3 2025 Earnings Call November 7, 2025 8:30 AM EST Company Participants Michael DeLalio Jason Robins - Co-Founder, Chairman & CEO Alan Ellingson - Chief Financial Officer Conf...

5 weeks ago - Seeking Alpha

Here's why the DraftKings stock is in a freefall after earnings

The DraftKings stock price woes accelerated after the company published its quarterly results and issued a weak forward guidance. DKNG crashed by over 7% to $25 on the extended hours, much lower than ...

6 weeks ago - Invezz

Block Posts Downbeat Q3 Results, Joins Archer Aviation, DraftKings And Other Big Stocks Moving Lower In Friday's Pre-Market Session

U.S. stock futures were lower this morning, with the Nasdaq futures falling around 100 points on Friday.

Other symbols: ACHR
6 weeks ago - Benzinga

DraftKings CEO Jason Robins goes one-on-one with Jim Cramer

DraftKings Chairman, Co-Founder and CEO Jason Robins joins 'Mad Money' host Jim Cramer to talk quarterly results, the growth of prediction markets, trends in the sports gambling space, and more.

6 weeks ago - CNBC Television

We view prediction markets as an opportunity, says DraftKings CEO Jason Robins

DraftKings Chairman, Co-Founder and CEO Jason Robins joins 'Mad Money' host Jim Cramer to talk quarterly results, the growth of prediction markets, trends in the sports gambling space, and more.

6 weeks ago - CNBC Television

DraftKings CEO says prediction markets aren't luring customers away from sports betting

DraftKings CEO Jason Robins suggested the rising popularity of prediction markets isn't hurting business. He stressed that traditional sports betting and prediction markets have very different offerin...

6 weeks ago - CNBC

DraftKings Cuts Sales Outlook as It Ramps Up Prediction Markets Investments

The sports-betting company is investing more in prediction markets and expanding to new states.

6 weeks ago - WSJ

DraftKings Reports Third Quarter 2025 Results

BOSTON, Nov. 06, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced its third quarter 2025 financial results. The Company also posted a third quart...

6 weeks ago - GlobeNewsWire

Is DraftKings really better suited to ESPN than Penn Entertainment?

ESPN has officially ended its partnership with Penn Entertainment (NASDAQ: PENN) and named DraftKings Inc (NASDAQ: DKNG) as its new exclusive sportsbook partner. The announcement arrives just two year...

6 weeks ago - Invezz

DraftKings Picks Up a New Partner in the Competitive Sports-Betting Business

ESPN is betting on DraftKings.

6 weeks ago - Investopedia