DraftKings Inc. (DKNG)
| Market Cap | 11.62B |
| Revenue (ttm) | 6.05B |
| Net Income (ttm) | 3.71M |
| Shares Out | 495.74M |
| EPS (ttm) | -0.01 |
| PE Ratio | 3,133.47 |
| Forward PE | 72.03 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 5,881,411 |
| Open | 23.29 |
| Previous Close | 23.53 |
| Day's Range | 23.09 - 23.75 |
| 52-Week Range | 20.46 - 48.78 |
| Beta | 1.67 |
| Analysts | Strong Buy |
| Price Target | 38.10 (+62.61%) |
| 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 Forecast
According to 31 analysts, the average rating for DKNG stock is "Strong Buy." The 12-month stock price target is $38.1, which is an increase of 62.61% from the latest price.
News
YieldMax® DKNG Option Income Strategy ETF (NYSE Arca: DRAY) Notice of NAV Restatement
MILWAUKEE, April 26, 2026 (GLOBE NEWSWIRE) -- Tidal Investments LLC (“Tidal”), investment adviser to the YieldMax® DKNG Option Income Strategy ETF (the “Fund”), announced today that it has completed a...
DraftKings to Release First Quarter 2026 Results on May 7, 2026 and Host Conference Call on May 8, 2026
BOSTON--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) (the “Company” or “DraftKings”) today announced that it will release its first quarter 2026 results after the close of market trading on Thursda...
DraftKings Announces Intent to Launch Online Sportsbook and Casino in Alberta, Canada
BOSTON--(BUSINESS WIRE)--DraftKings (Nasdaq: DKNG) today announced its intent to launch its online sports betting and casino products in Alberta, Canada, pending licensure and regulatory approval. If ...
FanDuel and DraftKings Fund $41 Million Lobbying Effort by Super PAC
Sports gambling platforms have contributed $41 million to a new federal super political action committee (PAC) this year, Bloomberg reported Wednesday (April 15), citing filings from the Federal Elect...
Prediction markets will grow to $1 trillion by 2030, Bernstein estimates
Investment firm Bernstein estimates that by 2030, prediction market volumes will surge to roughly $1 trillion. Dollar volumes on the markets surged in 2024, spurred by the U.S. presidential election,...
Why Duke's Loss to UConn Is Good News for Sports Betting Stocks
UConn's upset over Duke highlights how sportsbook profits rise when favorites lose, offering a potential boost for companies like DraftKings and Flutter Entertainment.
DraftKings Stock Is Trending Today: What Does The Chart Say?
The stock is continuing a multi‑week slide. Shares remain firmly in a downtrend, sitting well below key moving averages and extending a broader decline of 44% over the past 12 months, leaving the stoc...
DraftKings and MGM shares rise as new bill threatens to ban sports gambling on Kalshi, Polymarket
It's estimated that around 90% of Kalshi's prediction-market fees revenue has been tied to sports in recent months.
Gambling stocks rally as US lawmakers target prediction markets
Shares of major gambling companies rose on Monday after US senators introduced legislation aimed at restricting sports betting through prediction markets, a move investors see as supportive of traditi...
Gambling Stocks Rally on Bill to Ban Sports Betting Through Prediction Markets
DraftKings, Flutter, and MGM shares were rising after a bipartisan group of U.S. senators sought to crack down on sports betting through prediction markets.
DraftKings Stock Jumps. Bill Aims to Ban Sports Bets on Prediction Markets, Report Says.
DraftKings stock jumped ahead of the open Monday following a report that lawmakers are seeking to ban sports bets from prediction markets.
March Madness Isn't A Slam Dunk Reason to Buy DraftKings or Flutter Stock
Sports betting stocks aren't getting a lift from the NCAA tournament. Concerns about competition from Kalshi and Polymarket remain.
Wave of sports-betting scandals proves the need for an independent watchdog to protect a $165 billion market
As indictments mount, the gaming industry faces a trust deficit with fans and stock investors that only an integrity commissioner can fix.
Tuesday's Morning Movers: DAL Lifts Guidance, LLY & DKNG Downgrades
Delta Airlines (DAL) upped its revenue guidance to high single-digit growth, giving a much-needed boost to shares after airlines took a hit over Iran uncertainty. HSBC shed bullish optimism in Eli Lil...
DraftKings and ESPN Detail Plans to Provide Account Linking for Customers
BOSTON--(BUSINESS WIRE)--DraftKings Inc. (NASDAQ: DKNG) (“DraftKings” or the “Company”) and ESPN today unveiled details at the MIT Sloan Sports Analytics Conference for account linking between DraftKi...
DraftKings Is Using Its Sports-Betting Playbook to Win Prediction Markets Race
As federal policymakers grapple with how to regulate predictions markets, DraftKings is going all-in on its predictions product and aims to overtake industry leader Kalshi.
DraftKings Stock Is Surging Among A Weaker Market
DraftKings Inc (NASDAQ: DKNG) shares are trading higher on Tuesday, standing out in a market that's broadly under pressure. The company has seen a fresh round of analyst upgrades roll in.
DraftKings CEO on launch of new 'super app,' prediction markets and more
CNBC's Contessa Brewer talks with DraftKings CEO Jason Robins as the company holds its investor day event in Boston.
DraftKings Transcript: Investor Day 2026
DraftKings outlined a unified Super App strategy, leveraging AI and proprietary technology to drive growth, margin expansion, and customer engagement. Financial guidance targets 30%+ Adjusted EBITDA margins, with a focus on efficient capital allocation and responsible gaming leadership.
DraftKings Outlines Expanded Growth Strategy and Unveils Plans to Launch Super App, “DraftKings Sports & Casino”
BOSTON--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today outlined an expanded growth strategy and long-term financial framework, including its participation in wha...
DraftKings Secures License To Provide Its Top-Rated Online Sportsbook App in Arkansas on Behalf of Southland Casino Hotel
BOSTON--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) (“DraftKings”) today announced that the Arkansas Racing Commission has approved the company for licensure, allowing DraftKings to soon launch it...
DraftKings Investor Day: Analyst Sees TAM Growth Potential, Eyes FY28 Forecast Updates
• DraftKings shares are experiencing downward pressure. What's pulling DKNG shares down?
DraftKings Launches Online Sportsbook in Puerto Rico, Expanding Access for Residents
BOSTON--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) (“DraftKings”) today announced the official launch of its online sportsbook in Puerto Rico, further expanding DraftKings top-rated product to sp...
DraftKings (DKNG) CEO on Sports Betting Uptick, Using AI & Prediction Markets
Jason Robins, CEO of DraftKings (DKNG), talks about the ways his company is taking advantage of the rise in prediction markets and how it will benefit into the next NFL season. AI optimization is anot...