DraftKings Holdings Inc. (DKNG)
| Market Cap | 8.27B |
| Revenue (ttm) | 1.57B |
| Net Income (ttm) | -1.56B |
| Shares Out | 448.55M |
| EPS (ttm) | -4.05 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 31,675,416 |
| Open | 17.94 |
| Previous Close | 17.96 |
| Day's Range | 17.92 - 19.29 |
| 52-Week Range | 9.77 - 64.58 |
| Beta | 2.02 |
| Analysts | Buy |
| Price Target | 26.09 (+41.6%) |
| Earnings Date | Aug 5, 2022 |
About DKNG
DraftKings Inc. operates a digital sports entertainment and gaming company. It offers multi-channel sports betting and gaming technologies, powering sports and gaming entertainment for operators in 17 countries. The company operates iGaming through its DraftKings brand in 5 states, as well as operates Golden Nugget Online Gaming, an iGaming product and gaming brand in 3 states. Its Sportsbook is live with mobile and/or retail betting operations in the United States pursuant to regulations in 18 states. The company's daily fantasy sports product... [Read more...]
Financial Performance
In 2021, DKNG's revenue was $1.30 billion, an increase of 110.90% compared to the previous year's $614.53 million. Losses were -$1.52 billion, 23.7% more than in 2020.
Financial StatementsAnalyst Forecast
According to 39 analysts, the average rating for DKNG stock is "Buy." The 12-month stock price forecast is 26.09, which is an increase of 41.56% from the latest price.
News
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Three Stock Lunch: DraftKings, Warner Bros. Discovery and Beyond Meat
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Why DraftKings Stock Jumped Today
The online gambling industry is seemingly immune to inflation.
DraftKings CEO Says Gaming Is Resilient To Macroeconomic Conditions
DraftKings Chairman and CEO Jason Robins discusses second-quarter performance, the outlook for online sports betting legalization in Massachusetts, and the upcoming National Football League season on "B...
DraftKings CEO: ‘Massachusetts is going to be an awesome market for us'
DraftKings CEO Jason Robins joins Yahoo Finance Live to break down earnings, new sports betting markets, and the outlook for growth.
DKNG Stock Takes Off as DraftKings Raises Guidance
Source: Tada Images / Shutterstock.com DraftKings (NASDAQ: DKNG ) stock is trending on social media and in the financial press today after the company released second-quarter 2022 earnings data. DraftKi...
Sports betting platform DraftKings wins more paid users in earnings beat, raises guidance
Yahoo Finance Live anchors discuss DraftKings earnings, the sports betting platform's path toward profitability, and consumer loyalty. $DKNG
DraftKings Sees 30% Rise in Monthly Payers
DraftKings saw double-digit increases in monthly payers and revenue in the second quarter of this year, the sports wagering platform said in a Friday (Aug. 5) press release.
DraftKings (DKNG) Reports Q2 Loss, Tops Revenue Estimates
DraftKings (DKNG) delivered earnings and revenue surprises of 42.53% and 6.38%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
DraftKings stock shoots up after narrower-than-expected loss, revenue that climbed above forecasts
Shares of DraftKings Inc. DKNG, -2.73% shot up 9.4% toward a four-month high in premarket trading Friday, after the digital sports entertainment and gaming company reported a narrower-than-expected loss...
DraftKings Reports Second Quarter Revenue of $466 million; Second Quarter B2C Revenue Increases 68% YOY; Revenue Exce...
Raises 2022 revenue guidance and improves 2022 Adjusted EBITDA guidance Raises 2022 revenue guidance and improves 2022 Adjusted EBITDA guidance
Is a Surprise Coming for DraftKings (DKNG) This Earnings Season?
DraftKings (DKNG) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
DraftKings (DKNG) to Report Q2 Earnings: What's in Store?
DraftKings' (DKNG) second-quarter 2022 performance is likely to have benefited from the robust demand for mobile sports betting and expansion efforts in new states.
Wall Street Analysts Believe DraftKings (DKNG) Could Rally 73%: Here's is How to Trade
The consensus price target hints at a 73.3% upside potential for DraftKings (DKNG). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate...
DraftKings Q2 Preview: Should Investors Bet on an EPS Beat?
Online gambling has exploded over the last several years. Simply put, everybody wants to roll the dice.
Why Are Sports Betting Stocks DKNG, PDYPY, PENN Up Today?
Sports betting stocks are in focus on Tuesday. That follows reports that Massachusetts is set to legalize sports gambling and online games.
DraftKings (DKNG) Expected to Beat Earnings Estimates: Should You Buy?
DraftKings (DKNG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Is Most-Watched Stock DraftKings Inc. (DKNG) Worth Betting on Now?
Zacks.com users have recently been watching DraftKings (DKNG) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
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3 Cathie Wood Stocks to Sell Now
Cathie Wood has unloaded some of her worst investments, but there are still a number of Cathie Wood stocks to sell. The post 3 Cathie Wood Stocks to Sell Now appeared first on InvestorPlace.
Can DraftKings (DKNG) Climb 108% to Reach the Level Wall Street Analysts Expect?
The consensus price target hints at a 107.9% upside potential for DraftKings (DKNG). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimat...
Why Netflix, DraftKings, and Beyond Meat Are Soaring Today
These former highfliers are bouncing back from dramatic six-month price drops thanks to some upbeat economic data.
Dear DKNG Stock Fans, Mark Your Calendars for Aug. 5
DraftKings (DKNG) stock is on the rise Friday after the company revealed plans to release its upcoming earnings report on Aug. 5. The post Dear DKNG Stock Fans, Mark Your Calendars for Aug. 5 appeared f...