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DraftKings (DE:IK1)
FRANKFURT:IK1
Holding DE:IK1?
Track your performance easily
IK1 Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€25.77 - €46.20
Previous Close€37.35
Volume0.00
Average Volume (3M)73.00
Market Cap
€33.48B
Enterprise Value€33.92B
Total Cash (Recent Filing)$877.82M
Total Debt (Recent Filing)$1.34B
Price to Earnings (P/E)―
Beta1.23
Next Earnings
Feb 13, 2025EPS Estimate
>-€0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.79
Shares Outstanding487,627,739
10 Day Avg. Volume34
30 Day Avg. Volume73
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)16.90
Price to Sales (P/S)4.10
Price to Cash Flow (P/CF)35.40
P/FCF Ratio45.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue7.36
Enterprise Value/Gross Profit24.70
Enterprise Value/Ebitda-45.15
Forecast
1Y Price Target
€49.35Price Target Upside32.14% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering27
DraftKings News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceDraftKings has transitioned to profitability and is maintaining a strong player acquisition and retention, positioning itself for double-digit revenue growth in the fast-growing US Online Gaming industry.
Market ExpansionDraftKings expects the US iGaming market to expand with an additional 15-20% of the US population covered, potentially adding ~$1B of incremental GGR from New York alone.
Strategic InitiativesManagement remains focused on dominating the US market through recent mergers and acquisitions, aiming to lower customer acquisition costs and enhance the domestic product.
Bears Say
Earnings GuidanceDraftKings lowered its FY24 revenue and adjusted EBITDA guidance due to the impact of customer-friendly sport outcomes in early Q4.
Financial PerformanceShares of DraftKings have recently been under pressure due to market expectations of lower hold caused by unfavorable sports outcomes.
Investor SentimentSentiment among investors has felt negative following >$300M of downward revisions stemming from negative game outcomes in 2024.
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Ownership Overview
2.17% Insiders
27.40% Mutual Funds
26.80% Other Institutional Investors
29.98% Public Companies and
Individual Investors
Website Traffic
The estimated number of people who visited one or more of the websites owned by DraftKings
Desktop Users
Mobile Users
IK1 FAQ
What was DraftKings’s price range in the past 12 months?
DraftKings lowest stock price was €25.77 and its highest was €46.20 in the past 12 months.
What is DraftKings’s market cap?
Currently, no data Available
When is DraftKings’s upcoming earnings report date?
DraftKings’s upcoming earnings report date is Feb 13, 2025 which is in 54 days.
How were DraftKings’s earnings last quarter?
DraftKings released its earnings results on Nov 07, 2024. The company reported -€0.571 earnings per share for the quarter, missing the consensus estimate of -€0.391 by -€0.18.
Is DraftKings overvalued?
According to Wall Street analysts DraftKings’s price is currently Undervalued.
Does DraftKings pay dividends?
DraftKings does not currently pay dividends.
What is DraftKings’s EPS estimate?
DraftKings’s EPS estimate is >-€0.01.
How many shares outstanding does DraftKings have?
DraftKings has 487,627,750 shares outstanding.
What happened to DraftKings’s price movement after its last earnings report?
DraftKings reported an EPS of -€0.571 in its last earnings report, missing expectations of -€0.391. Following the earnings report the stock price went up 0.596%.
Which hedge fund is a major shareholder of DraftKings?
Among the largest hedge funds holding DraftKings’s share is ARK Investment Management LLC. It holds DraftKings’s shares valued at 236M.
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DraftKings Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
€49.35 (32.14% Upside)
€49.35 (32.14% Upside)
Blogger Sentiment
Bullish
DE:IK1 Sentiment 88%
Sector Average 65%
Sector Average 65%
Insider Transactions
Sold Shares
Worth $137.7K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
10.20%
12-Months-Change
Fundamentals
Return on Equity
-44.43%
Trailing 12-Months
Asset Growth
10.66%
Trailing 12-Months
Company Description
DraftKings
DraftKings is a leading gaming and digital sports entertainment company. It offers a wide range of online products, including sports betting (known as "Sportsbook"), online casino games ("iGaming"), and daily fantasy sports ("DFS"). Additionally, it provides retail sportsbook services, media content, and various consumer products. It also designs and develops software for sports betting and casino gaming.
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IK1 Company Deck
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IK1 Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
DraftKings demonstrated strong revenue growth and customer acquisition efficiency, coupled with product enhancements and optimistic guidance for 2025. However, the company faced challenges with customer-friendly NFL outcomes affecting short-term financials and the impact of the Illinois tax increase. Despite these challenges, the focus on long-term growth and product innovation remains positive.Read More>---
IK1 Revenue Breakdown
97.05% Online gaming
0.82% Gaming software
2.13% Other
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IK1 Stock 12 Month Forecast
Average Price Target
€49.35
▲(32.14% Upside)
Technical Analysis
DraftKings
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Penn National Gaming
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MGM Resorts
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Caesars Entertainment
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Las Vegas Sands
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Best Analysts Covering IK1
1 Year
1 Year Success Rate
13/16 ratings generated profit
1 Year Average Return
+36.28%
reiterated a buy rating 4 days ago
Copying Clark Lampen's trades and holding each position for 1 Year would result in 81.25% of your transactions generating a profit, with an average return of +36.28% per trade.
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