DraftKings Inc. (DKNG)
| Market Cap | 12.75B |
| Revenue (ttm) | 6.29B |
| Net Income (ttm) | 58.64M |
| Shares Out | 496.13M |
| EPS (ttm) | 0.09 |
| PE Ratio | 252.20 |
| Forward PE | 55.76 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 13,548,934 |
| Open | 23.70 |
| Previous Close | 23.10 |
| Day's Range | 23.32 - 25.74 |
| 52-Week Range | 20.46 - 48.78 |
| Beta | 1.65 |
| Analysts | Buy |
| Price Target | 34.94 (+35.95%) |
| Earnings Date | Aug 5, 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 Forecast
According to 35 analysts, the average rating for DKNG stock is "Buy." The 12-month stock price target is $34.94, which is an increase of 35.95% from the latest price.
News
DraftKings Brings $11 Billion Prediction Market Into Flagship App
DraftKings has launched a proprietary, vertically integrated foundation for its prediction markets experience, DraftKings Predictions, and integrated it into the DraftKings: Sports & Casino app. This ...
Illinois Man Sues DraftKings For Allegedly Fueling Gambling Addiction
A similar class-action lawsuit against FanDuel and DraftKings in Massachusetts state court alleges the sportsbooks track user behavior and use that data to target them to keep betting “precisely when ...
DraftKings launches proprietary prediction markets exchange
DraftKings (DKNG) announced the launch of its proprietary prediction markets exchange, DKeX, with integration into the DraftKings: Sports & Casino app, further advancing the DraftKings Predictions exp...
DraftKings Launches Proprietary Exchange to Bolster Differentiated Predictions Experience
BOSTON--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced the launch of its proprietary prediction markets exchange, DKeX, with integration into the unifi...
DraftKings (DKNG) Aims for 3M New Users in 2026, Bets on Prediction Market
DraftKings’ ($DKNG) shares edged higher during Thursday’s pre-market session. This followed the revelation that the online sports betting company is aiming to acquire between 2 million and 3 million n...
DraftKings price target raised to $36 from $34 at Citizens
Citizens analyst Jordan Bender raised the firm’s price target on DraftKings (DKNG) to $36 from $34 and keeps an Outperform rating on the shares. DraftKings is signaling an aggressive push…
Meta is building a prediction markets app, the New York Times says. These stocks are falling in response
Meta CEO Mark Zuckerberg has directed staff to build a prediction markets platform, according to a New York Times report. The app would be separate from the company's social media platforms Facebook a...
DraftKings management to meet with Citizens
Meeting to be held in Boston on June 23 hosted by Citizens.
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...
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...