DraftKings Inc. (DKNG)
| Market Cap | 14.39B -18.6% |
| Revenue (ttm) | 6.29B +25.8% |
| Net Income | 58.64M |
| EPS | 0.09 |
| Shares Out | 496.13M |
| PE Ratio | 245.34 |
| Forward PE | 69.36 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 14,371,926 |
| Open | 29.90 |
| Previous Close | 30.02 |
| Day's Range | 28.66 - 30.13 |
| 52-Week Range | 20.46 - 48.78 |
| Beta | 1.65 |
| Analysts | Buy |
| Price Target | 34.88 (+20.28%) |
| Earnings Date | May 7, 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 35 analysts, the average rating for DKNG stock is "Buy." The 12-month stock price target is $34.88, which is an increase of 20.28% from the latest price.
News
Flutter Entertainment price target raised to $168 from $161 at Wells Fargo
Wells Fargo raised the firm’s price target on Flutter Entertainment to $168 from $161 and keeps an Equal Weight rating on the shares. The firm expects DraftKings (DKNG) and Flutter…
TRWD Reserves “ARC Entertainment Group” Name to Anchor Its Multi-Brand Platform
NEW YORK--(BUSINESS WIRE)---- $DKNG #ARCEntertainmentGroup--TRWD reserves "ARC Entertainment Group" as it builds a multi-brand empire to roll up the $10B adult nightlife sector.
JPMorgan says DraftKings prediction volumes progress, not near-term upside
JPMorgan says DraftKings (DKNG) CEO Jason Robins disclosed yesterday during an interview that during May, its annualized prediction market volumes increased 34% month-over-month to $3.1B and included ...
Sports betting is taking a bite out of gamblers' grocery budgets, new research suggests
A report released just days before the start of the FIFA World Cup finds a correlation between sports betting and not having enough to eat.
Jefferies ‘incrementally more constructive’ on DraftKings after fireside chat
After a fireside chat in London with DraftKings (DKNG) CEO Jason Robins, Jefferies came away “incrementally more constructive,” the analyst tells investors. The company noted the negative Street bias ...
DraftKings stock jumps 11% as prediction markets volume surges
Shares of DraftKings (DKNG) rallied on Tuesday after the sports-betting company reported strong growth in activity on its predictions platform. The update fueled investor optimism about DraftKings' po...
DraftKings Stock (DKNG) Jumps as Investors Cheer Prediction Markets Momentum
DraftKings’ ($DKNG) shares jumped more than 9% on Tuesday afternoon after the online sports betting company revealed that bettors in May placed more wagers on its prediction market platform. According...
DraftKings Sees $1.3 Billion in Prediction Market Trading. The Stock Is Soaring.
DraftKings said annualized consumer trading volume on its prediction-markets platform reached $1.3 billion, offering an early sign that its expansion beyond traditional sports betting may be gaining t...
DraftKings up after Predictions offering grew 24% month-over-month in May
Shares of DraftKings (DKNG) are up $2.18, or 9%, to $26.97 in morning trading after the company announced earlier that annualized consumer volume in the company’s Predictions offering increased 24%…
DraftKings Announces Jason Robins' Participation in Upcoming Event
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 the...
DraftKings named a best smid-cap idea at TD Cowen
TD Cowen named DraftKings (DKNG) a best idea in the smid-cap space. The company’s sports betting platform is “inflecting toward durable profitability, driven by product depth, structural hold, and ope...
DraftKings price target raised to $49 from $43 at UBS
UBS raised the firm’s price target on DraftKings (DKNG) to $49 from $43 and keeps a Buy rating on the shares. The company beat Q1 estimates for revenue and EBITDA…
DraftKings Transcript: 18th Annual Sports & Media Symposium
DraftKings is expanding its market through new products, deeper customer engagement, and a unified super app, while maintaining strong financial performance and focusing on technology and trust. Prediction markets are a key growth area, with regulatory clarity and ethical standards prioritized.
DraftKings CEO Jason Robbins to Speak at NEXTPredict NYC, the First Major Summit Dedicated to Prediction Markets
Robbins joins executives from Blackstone, Bloomberg Intelligence, Bank of America and CNBC at the inaugural event featuring 2,500 operators, market makers, regulators, vendors, and media Robbins joins...
DraftKings and FanDuel are likely to lose money on the NBA Finals – whether the Knicks or Spurs win
Sportsbooks were sweating more than the players when the New York Knicks and San Antonio Spurs booked their tickets to the NBA Finals. That's because either the Knicks or Spurs winning a title could b...
DraftKings CFO on Prediction Markets, the “Super App” & Sports Betting Integrity
Ann Berry is joined by Alan Ellingson, CFO of DraftKings, to discuss how the company is navigating the rising popularity of prediction markets, its new “Super App” designed to let users seamlessly ope...
FLUT, DKNG, GMVHF: Betting Stocks Face $2.3B Profit-Taking amid Prediction Market Pressure
Analysts see prediction markets as a growth opportunity for betting companies. However, short-sellers have made at least $2.3 billion this year betting against Flutter Entertainment ($FLUT), DraftKing...
Despite murky legal landscape, companies are undeterred in their prediction market investments
States and the federal government are locked in a battle over who has the right to regulate prediction markets. But prediction market players are continuing to invest in their businesses despite the l...
DraftKings (DKNG) Stock Rises after 5-Star Analyst Praises Growth Opportunity
Shares of DraftKings ($DKNG) are up in today’s trading after the sports betting company received a new Buy rating from Freedom Capital Markets. Indeed, five-star analyst Nick McKay argues that…
Morgan Stanley says buy DraftKings, Flutter on prediction markets expansion
Morgan Stanley analyst Stephen Grambling says the firm’s New credit card data analysis of about 9M users comparing online sports betting with prediction markets shows little overlap between Kalshi and...
Vegas casino pulls plug on prediction market conference amid Nevada crackdown
The Nevada Gaming Commission sued the company over its sports event contracts, and the platform was briefly barred from operating in the state earlier this year, according to Barron's.
DraftKings Transcript: MoffettNathanson's 2026 Media, Internet & Communications Conference
Prediction markets are positioned as a major growth driver, leveraging core strengths, data, and national reach through a super app and media partnerships. Financial discipline guides investment, with a focus on expanding high-margin products and engaging new markets as regulatory clarity improves.
DraftKings Announces Alan Ellingson's Participation in Upcoming Event
BOSTON--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced that Alan Ellingson, the Company's Chief Financial Officer, will participate in the following ev...
DraftKings Transcript: AGM 2026
The virtual AGM confirmed quorum, introduced the board, and presented three proposals, all of which passed with over 90% approval. No shareholder questions were received, and final results will be filed with the SEC.
DraftKings Bets on Exchange-Style Expansion As Sportsbook Sector Matures
Customer acquisition at scale is no longer the name of the online sports betting game. According to executives on DraftKings' Friday (May 8) first-quarter 2026 earnings call, competition is increasing...