Education
About Us
Working with TipRanks
Follow Us
Draftkings Inc (DKNG)
NASDAQ:DKNG
DKNG Stock Chart & Stats
$23.84
$0.96(2.57%)
At close: 4:00 PM EST
$23.84
$0.96(2.57%)
Day’s Range― - ―
52-Week Range$21.01 - $48.78
Previous CloseN/A
Volume5.15M
Average Volume (3M)16.79M
Market Cap
$21.12B
Enterprise Value$12.20B
Total Cash (Recent Filing)$1.60B
Total Debt (Recent Filing)$1.93B
Price to Earnings (P/E)―
Beta1.55
Next Earnings
Apr 30, 2026EPS Estimate
0.05Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.25
Shares Outstanding492,991,400
10 Day Avg. Volume13,861,544
30 Day Avg. Volume16,787,068
Financial Highlights & Ratios
PEG Ratio-34.22
Price to Book (P/B)20.25
Price to Sales (P/S)2.11
P/FCF Ratio19.74
Enterprise Value/Market Cap0.58
Enterprise Value/Revenue2.01
Enterprise Value/Gross Profit4.88
Enterprise Value/Ebitda34.29
Forecast
1Y Price Target
$34.83Price Target Upside46.10% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering29
EPS Forecast (FY)0.41
Revenue Forecast (FY)$6.89B
Bulls Say, Bears Say
Bulls Say
IGaming Growth StrategyA slots-first iGaming strategy under new general manager leadership can unlock faster online-casino revenue growth for DraftKings compared with peers if execution captures underserved player demand.
Prediction Markets OpportunityManagement's emphasis on prediction markets as a large long-term opportunity, supported by clearer regulatory footing, could drive new revenue streams for DraftKings if the product scales as planned.
Profitability And Cost ControlDemonstrated cost discipline and tangible benefits from artificial-intelligence initiatives could accelerate margin expansion and improve DraftKings' profitability beyond current conservative guidance.
Bears Say
Conservative Guidance And Forecast RevisionsManagement's shift to more conservative guidance and repeated downward forecast revisions reduce near-term visibility and could further pressure investor sentiment toward DraftKings.
Execution RiskHigh reliance on consistently meeting ambitious long-term targets raises execution risk for DraftKings and could lead to pronounced share-price volatility if milestones are missed.
Promotional Pressure And Betting Hold VolatilityVolatile betting hold and increased promotional activity, combined with slowing betting volumes, can compress DraftKings' margins and weaken near-term revenue trends.
DraftKings News
DKNG FAQ
What was Draftkings Inc’s price range in the past 12 months?
Draftkings Inc lowest stock price was $21.01 and its highest was $48.78 in the past 12 months.
What is Draftkings Inc’s market cap?
Draftkings Inc’s market cap is $21.12B.
When is Draftkings Inc’s upcoming earnings report date?
Draftkings Inc’s upcoming earnings report date is Apr 30, 2026 which is in 58 days.
How were Draftkings Inc’s earnings last quarter?
Draftkings Inc released its earnings results on Feb 12, 2026. The company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.16.
Is Draftkings Inc overvalued?
According to Wall Street analysts Draftkings Inc’s price is currently Undervalued.
Does Draftkings Inc pay dividends?
Draftkings Inc does not currently pay dividends.
What is Draftkings Inc’s EPS estimate?
Draftkings Inc’s EPS estimate is 0.05.
How many shares outstanding does Draftkings Inc have?
Draftkings Inc has 492,991,400 shares outstanding.
What happened to Draftkings Inc’s price movement after its last earnings report?
Draftkings Inc reported an EPS of $0.25 in its last earnings report, beating expectations of $0.09. Following the earnings report the stock price went down -13.514%.
Which hedge fund is a major shareholder of Draftkings Inc?
Currently, no hedge funds are holding shares in DKNG
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
DraftKings Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$34.83 (46.10% Upside)
$34.83 (46.10% Upside)
Blogger Sentiment
Bullish
DKNG Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 10.3M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $2.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.2%
Last 30 Days ▼ 0.3%
Last 30 Days ▼ 0.3%
News Sentiment
Bullish
Bullish news 73%
Bearish news 27%
Bearish news 27%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-44.22%
12-Months-Change
Fundamentals
Return on Equity
0.45%
Trailing 12-Months
Asset Growth
5.77%
Trailing 12-Months
Company Description
Draftkings Inc
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.
DKNG Company Deck
DKNG Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call highlights a strong operational and financial quarter and year: record Q4 revenue and margin expansion, substantial adjusted EBITDA growth, first‑time GAAP net income, meaningful Sportsbook outperformance, active share repurchases, and a clear strategic push into a potentially large Predictions market with favorable regulatory movement. Offsets include conservative FY2026 guidance, prior guidance execution issues (management acknowledged a miss), early‑stage costs and uncertainty around Predictions monetization, flat overall MUPs (impacted by Jackpocket), and short‑term variance from sports outcomes. On balance, the positive results, scale, margin expansion and new growth initiatives materially outweigh the risks and near‑term costs.View all DKNG earnings summariesDKNG Revenue Breakdown
98.10% U.S.
1.90% International
DKNG Stock 12 Month Forecast
Average Price Target
$34.83
▲(46.10% Upside)
Technical Analysis
Boyd Gaming
―
PENN Entertainment
―
Flutter Entertainment PLC
―
Rush Street Interactive
―
Super Group (SGHC)
―
Ownership Overview
2.57% Insiders
32.50% Mutual Funds
5.77% Other Institutional Investors
45.68% Public Companies and Individual Investors