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DraftKings (DKNG)
NASDAQ:DKNG
DKNG Stock Chart & Stats
$23.67
$0.96(2.57%)
At close: 4:00 PM EST
$23.67
$0.96(2.57%)
Day’s Range― - ―
52-Week Range$21.01 - $48.78
Previous CloseN/A
Volume5.15M
Average Volume (3M)16.51M
Market Cap
$20.97B
Enterprise Value$12.11B
Total Cash (Recent Filing)$1.60B
Total Debt (Recent Filing)$1.93B
Price to Earnings (P/E)30.8
Beta1.49
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. Volume13,434,834
30 Day Avg. Volume16,505,453
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/Revenue2.00
Enterprise Value/Gross Profit4.85
Enterprise Value/Ebitda34.05
Forecast
1Y Price Target
$34.76Price Target Upside46.85% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering30
EPS Forecast (FY)0.32
Revenue Forecast (FY)$6.88B
Bulls Say, Bears Say
Bulls Say
Addressable Market ExpansionManagement projects a substantially larger total addressable market driven by broader market access and new product categories, providing scope for meaningful revenue growth if market share is maintained.
Operating Leverage And Margin ImprovementManagement is consolidating teams, cutting promotional spend, and improving marketing efficiency to strengthen unit economics and support higher adjusted profitability over time.
Super App IntegrationAnalyst notes that combining sportsbook, casino, and prediction products into a single super app should boost cross-selling, lower customer acquisition costs, and create marketing efficiencies.
Bears Say
Competitive Intensity And Market Share PressureIntense competition could force higher spending or market share losses, increasing the likelihood of larger-than-expected losses and pressure on margins.
Lack Of Financial TargetsManagement declined to update revenue and profitability targets, leaving investors without clear benchmarks and increasing uncertainty about future performance.
Rollout Execution RiskTransitioning to a unified app introduces the risk of temporary customer friction and disruption during rollout that could weaken engagement and revenue.
DraftKings News
DKNG FAQ
What was DraftKings’s price range in the past 12 months?
DraftKings lowest stock price was $21.01 and its highest was $48.78 in the past 12 months.
What is DraftKings’s market cap?
DraftKings’s market cap is $20.97B.
When is DraftKings’s upcoming earnings report date?
DraftKings’s upcoming earnings report date is Apr 30, 2026 which is in 38 days.
How were DraftKings’s earnings last quarter?
DraftKings 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 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 0.05.
How many shares outstanding does DraftKings have?
DraftKings has 492,991,400 shares outstanding.
What happened to DraftKings’s price movement after its last earnings report?
DraftKings 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?
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:
$34.76 (46.85% Upside)
$34.76 (46.85% Upside)
Blogger Sentiment
Bullish
DKNG Sentiment 91%
Sector Average 63%
Sector Average 63%
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
Negative
Last 7 Days ▼ 0.5%
Last 30 Days ▼ 0.9%
Last 30 Days ▼ 0.9%
News Sentiment
Neutral
Bullish news 42%
Bearish news 58%
Bearish news 58%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-38.42%
12-Months-Change
Fundamentals
Return on Equity
0.46%
Trailing 12-Months
Asset Growth
5.77%
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
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
$34.76
▲(46.85% Upside)
Technical Analysis
Boyd Gaming
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PENN Entertainment
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Flutter Entertainment PLC
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Rush Street Interactive
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Super Group (SGHC)
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Ownership Overview
2.82% Insiders
33.07% Mutual Funds
28.99% Other Institutional Investors
21.92% Public Companies and Individual Investors