DraftKings Inc. (DKNG)
| Market Cap | 11.93B -46.5% |
| Revenue (ttm) | 6.22B +15.0% |
| Net Income | -166.90M |
| EPS | -0.35 |
| Shares Out | 496.45M |
| PE Ratio | n/a |
| Forward PE | 46.02 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 8,624,774 |
| Open | 25.26 |
| Previous Close | 25.30 |
| Day's Range | 24.03 - 25.43 |
| 52-Week Range | 20.46 - 48.78 |
| Beta | 1.63 |
| Analysts | Buy |
| Price Target | 34.79 (+44.72%) |
| Earnings Date | Aug 6, 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 $34.79, which is an increase of 44.72% from the latest price.
News
DraftKings Announces Launch of $600 Million Term Loan B Facility and Upsized $750 Million Revolving Credit Facility
BOSTON--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) (the “Company” or “DraftKings”) today announced the launch of syndication for a proposed senior secured term loan B credit facility (the “Term L...
DraftKings Shows Rewards in Dollars to Simplify Redemption
DraftKings has rolled out a new rewards currency called Crown Cash that powers the company's loyalty program, DraftKings Rewards, and makes it easier to view and use rewards across eligible DraftKings...
Prediction markets take center stage in latest round of quarterly earnings reports
Annualized total volume for DraftKings' predictions platform grew to $11 billion from $2.3 billion between April and July, CEO Jason Robins said. Coinbase said that its prediction markets revenue grew...
World Cup Gives DraftKings a New Growth Engine
DraftKings shares rallied as investors looked beyond a disappointing quarter to stronger momentum heading into the second half of the year. CEO Jason Robins joins Bloomberg to discuss how the World Cu...
DraftKings' Prediction Markets Push Is Reshaping Its National Growth Strategy
DraftKings is positioning itself not simply as a sportsbook operator, but as a nationwide sports commerce platform capable of acquiring, engaging and monetizing customers across multiple products. As ...
DraftKings Earnings Call Transcript: Q2 2026
Q2 saw robust growth with $115M adjusted EBITDA, strong customer acquisition, and rapid predictions adoption. Guidance for FY2026 is maintained, with core business momentum and vertical integration driving efficiency and profitability.
DraftKings Slides: Q2 2026
DraftKings has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 7, 2026.
DraftKings Earnings release: Q2 2026
DraftKings released its Q2 2026 earnings on August 7, 2026, summarizing the period's financial results.
DraftKings Shareholder letter: Q2 2026
DraftKings has published a letter to shareholders covering Q2 2026, which was released on August 7, 2026.
DraftKings Quarterly report: Q2 2026
DraftKings has published its Q2 2026 quarterly earnings report on August 7, 2026.
DraftKings Second-Quarter Revenue Falls, Hurt by Promotions
The online sports betting company posted a loss of $67.6 million for the second quarter, compared with a profit of $157.9 million a year earlier.
DraftKings Reports Second Quarter Results
BOSTON--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced its second quarter 2026 financial results. The Company also posted a second quarter 2026 busines...
Inside Out: DKNG, FLUT vs Prediction Markets
CFRA's Zach Warring joins Morning Trade Live to look at the state of sports wagering companies like DraftKings (DKNG) and Flutter Entertainment (FLUT). The biggest headwind in his mind: Prediction mar...
Delta passengers can now play DraftKings at 35,000 feet—for free
Customers flying Delta Air Lines now have a new form of onboard entertainment available from an unexpected partner: DraftKings.
Delta, DraftKings Partner on ‘Free-to-Play Sports Knowledge Contest'
In-flight gambling has been illegal on U.S. commercial aircraft for more than six decades. Delta Air Lines and DraftKings are collaborating nevertheless.
Delta and DraftKings Add Sports Contests to In-Flight Entertainment
Delta Air Lines and DraftKings teamed to offer passengers a sports-related in-flight entertainment option.
Delta to offer sports game on flights with DraftKings but no betting
Delta Air Lines will offer a sports prediction game on flights in a partnership with sports betting company DraftKings , but will not allow gambling, it said on Wednesday.
TRWD Acquires Platform for Financial Services Division
NEW YORK--(BUSINESS WIRE)---- $DKNG #ARCEntertainmentGroup--Platform will support payments between entertainers and customers while allowing management to retain applicable fees.
Sports betting industry spending on US midterm elections surpasses $72 million
DraftKings, FanDuel and other online sports betting companies have ramped up election spending on the U.S. midterms to at least $72 million so far, the latest campaign election data shows, as predict...
Healthcare students are turning to Kalshi and betting platforms to pay for their degrees, survey shows
Over 70% of healthcare students use betting and prediction market platforms at least a few times a week, according to a report from workforce infrastructure company Clasp. Less than half reported posi...
TRWD Appoints Technology and Payments Veteran Jeremy Woertink to Advisory Board
NEW YORK--(BUSINESS WIRE)---- $DKNG #ARCEntertainmentGroup--TRWD adds former Marine and Joystick.tv programmer Jeremy Woertink to advance its payment gateway and evaluate strategic tech acquisitions.
DraftKings to Release Second Quarter 2026 Results on August 6, 2026 and Host Conference Call on August 7, 2026
BOSTON--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) (the “Company” or “DraftKings”) today announced that it will release its second quarter 2026 results after the close of market trading on Thursd...
TRWD Announces Beacon Market Research Coverage With Positive Rating
NEW YORK--(BUSINESS WIRE)---- $DKNG #ARCEntertainmentGroup--Beacon Market Research initiates TRWD coverage with a Positive rating and a $67M–$88M near-term enterprise value target.
TRWD Establishes Financial Services Division to Target Multimillion-Dollar Market
NEW YORK--(BUSINESS WIRE)---- $DKNG #ARCEntertainmentGroup--TRWD targets Multi Million Dollar adult payment processing, POS services and venue technology industry.
DraftKings Set to Launch Online Sportsbook and Casino in Alberta on July 13
BOSTON--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) today announced plans to launch its top-rated online sportsbook and casino, along with its Golden Nugget Online Gaming brand, in Alberta on July...