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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)8.80M
Market Cap
$38.88B
Enterprise Value$22.54B
Total Cash (Recent Filing)$1.12B
Total Debt (Recent Filing)$1.92B
Price to Earnings (P/E)―
Beta1.84
Next Earnings
Aug 01, 2025EPS Estimate
0.14Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.07
Shares Outstanding496,285,640
10 Day Avg. Volume7,918,005
30 Day Avg. Volume8,795,198
Financial Highlights & Ratios
PEG Ratio-2.47
Price to Book (P/B)24.67
Price to Sales (P/S)0.00
P/FCF Ratio55.04
Enterprise Value/Market Cap0.58
Enterprise Value/Revenue1.21
Enterprise Value/Gross Profit11.75
Enterprise Value/Ebitda-22.88
Forecast
1Y Price Target
$53.96Price Target Upside23.42% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering27
DraftKings News
Bulls Say, Bears Say
Bulls Say
Acquisition TalksDraftKings is reportedly in acquisition talks with Railbird Exchange, a federally licensed prediction market platform, providing a high-margin, scalable entry point into underpenetrated states while avoiding state gaming and federal excise taxes.
IGaming PotentialDraftKings is optimistic about future iGaming legislation due to constructive conversations and potential state funding needs.
Regulatory MomentumRegulatory momentum appears constructive, with political alignments suggesting strong institutional support for the long-term viability of federally regulated prediction markets.
Bears Say
Legislative RisksDraftKings could see some risk in New Jersey due to legislative momentum regarding tax rate increases.
Market Share ConcernsDKNG's iGaming market share has declined modestly, although its online sports betting gross gaming revenue market share has remained stable.
Short-term VolatilityBet concentration could lead to downside volatility in the short-term, but management is confident they can achieve stated structural hold levels over time.
Ownership Overview
2.24% Insiders
33.33% Mutual Funds
0.37% Other Institutional Investors
50.19% Public Companies and Individual Investors
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 $38.88B.
When is DraftKings’s upcoming earnings report date?
DraftKings’s upcoming earnings report date is Aug 01, 2025 which is in 11 days.
How were DraftKings’s earnings last quarter?
DraftKings released its earnings results on May 08, 2025. The company reported -$0.07 earnings per share for the quarter, beating the consensus estimate of -$0.078 by $0.008.
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 0.14.
How many shares outstanding does DraftKings have?
DraftKings has 496,285,640 shares outstanding.
What happened to DraftKings’s price movement after its last earnings report?
DraftKings reported an EPS of -$0.07 in its last earnings report, beating expectations of -$0.078. Following the earnings report the stock price went up 2.489%.
Which hedge fund is a major shareholder of DraftKings?
Currently, no hedge funds are holding shares in DKNG
DraftKings Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$53.96 (23.42% Upside)
$53.96 (23.42% Upside)
Blogger Sentiment
Bullish
DKNG Sentiment 80%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Increased
By 4.6M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▲ 0.4%
Last 30 Days ▼ 1.3%
Last 30 Days ▼ 1.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
19.22%
12-Months-Change
Fundamentals
Return on Equity
-46.78%
Trailing 12-Months
Asset Growth
18.82%
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.
DKNG Company Deck
DKNG Earnings Call
Q1 2025
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call highlighted strong growth in revenue and operational efficiency, as well as a healthy balance sheet and significant progress in live betting. However, customer-friendly outcomes impacted revenue and EBITDA negatively, leading to a downward revision in fiscal year guidance. Challenges in specific markets also contributed to the headwinds.Read More>DKNG Revenue Breakdown
98.10% U.S.
1.90% International
DKNG Stock 12 Month Forecast
Average Price Target
$53.96
▲(23.42%Upside)
Technical Analysis
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