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DraftKings (DKNG)
NASDAQ:DKNG
DKNG Stock Chart & Stats
Day’s Range― - ―
52-Week Range$28.69 - $53.61
Previous CloseN/A
Volume5.15M
Average Volume (3M)13.06M
Market Cap
$34.87B
Enterprise Value$19.51B
Total Cash (Recent Filing)$1.21B
Total Debt (Recent Filing)$1.34B
Price to Earnings (P/E)―
Beta2.37
Next Earnings
May 01, 2025EPS Estimate
<0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.05
Shares Outstanding489,956,200
10 Day Avg. Volume9,846,882
30 Day Avg. Volume13,063,146
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)4.06
Price to Cash Flow (P/CF)14.90
P/FCF Ratio16.20
Enterprise Value/Market Cap0.56
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit10.74
Enterprise Value/Ebitda-54.41
Forecast
1Y Price Target
$59.27Price Target Upside50.09% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering27
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Bulls Say, Bears Say
Bulls Say
Customer AcquisitionCustomer acquisition continues to outperform expectations, achieving record-breaking numbers with an all-time low in customer acquisition costs.
Market Share And GrowthDraftKings holds the top market share spot for in-play betting in the U.S., with plans to increase in-play betting volume to 60% of its total betting volume.
Technology And InnovationDraftKings focuses on expanding its lead through live betting innovation, parlay enhancements, and AI-driven personalization, with a multi-brand strategy proving effective.
Bears Say
Legislative ChangesIn July 2024, Illinois increased its OSB tax rate, leading to a $50m OSB EBITDA impact for DraftKings.
Tax Rate IncreaseAssuming a new tax rate of 25% would impact revenues by $111m.
Taxation ImpactThe Administration is proposing an increase in the internet gaming and online sports wagering tax rates from 15 percent and 13 percent, respectively, to 25 percent.
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Ownership Overview
2.49% Insiders
30.06% Mutual Funds
26.98% Other Institutional Investors
26.67% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by DraftKings
Desktop Users
Mobile Users
DKNG FAQ
What was DraftKings’s price range in the past 12 months?
DraftKings lowest stock price was $28.69 and its highest was $53.61 in the past 12 months.
What is DraftKings’s market cap?
DraftKings’s market cap is $34.87B.
When is DraftKings’s upcoming earnings report date?
DraftKings’s upcoming earnings report date is May 01, 2025 which is in 38 days.
How were DraftKings’s earnings last quarter?
DraftKings released its earnings results on Feb 13, 2025. The company reported -$0.28 earnings per share for the quarter, missing the consensus estimate of -$0.166 by -$0.114.
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 489,956,200 shares outstanding.
What happened to DraftKings’s price movement after its last earnings report?
DraftKings reported an EPS of -$0.28 in its last earnings report, missing expectations of -$0.166. Following the earnings report the stock price went up 15.156%.
Which hedge fund is a major shareholder of DraftKings?
Currently, no hedge funds are holding shares in DKNG
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DraftKings Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$59.27 (50.09% Upside)
$59.27 (50.09% Upside)
Blogger Sentiment
Bullish
DKNG Sentiment 84%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Increased
By 1.6M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $137.7K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.8%
Last 30 Days ▼ 2.8%
Last 30 Days ▼ 2.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-17.64%
12-Months-Change
Fundamentals
Return on Equity
-54.81%
Trailing 12-Months
Asset Growth
8.59%
Trailing 12-Months
Company Description
DraftKings
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 is available in 6 countries internationally with 15 distinct sports categories. In addition, it offers DraftKings Marketplace, a digital collectibles ecosystem designed for mainstream accessibility that offers curated NFT drops and supports secondary-market transactions, as well as owns Vegas Sports Information Network (VSiN), a multi-platform broadcast and content company. DraftKings Inc. was founded in 2011 and is headquartered in Boston, Massachusetts.
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DKNG Company Deck
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DKNG Earnings Call
Q4 2025
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call presents a largely positive outlook for DraftKings, with strong revenue growth, customer acquisition, and successful events such as the Super Bowl contributing to a favorable performance. However, challenges such as the impact of higher taxes in Illinois and concerns about handle growth are notable. Despite these hurdles, the overall sentiment remains optimistic with planned investments in live betting and increased revenue guidance for 2025.Read More>---
DKNG Revenue Breakdown
98.10% U.S.
1.90% International
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DKNG Stock 12 Month Forecast
Average Price Target
$59.27
▲(50.09% Upside)
Technical Analysis
MGM Resorts
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Penn National Gaming
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Caesars Entertainment
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GAN
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Rush Street Interactive
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Best Analysts Covering DKNG
1 Year
1 Year Success Rate
15/17 ratings generated profit
1 Year Average Return
+36.38%
reiterated a buy rating last month
Copying Clark Lampen's trades and holding each position for 1 Year would result in 88.24% of your transactions generating a profit, with an average return of +36.38% per trade.
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