DraftKings Inc. (DKNG)

US — Consumer Cyclical Sector
Peers: WYNN  HMC  W  RIVN  YUMC  NIO  MGA  DPZ  BBY  PKG 

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Key Metrics & Ratings

  • symbol DKNG
  • Rev/Share 10.9928
  • Book/Share 1.4748
  • PB 18.4697
  • Debt/Equity 2.6036
  • CurrentRatio 1.095
  • ROIC -0.1073

 

  • MktCap 13559323118.0
  • FreeCF/Share 1.2467
  • PFCF 21.9045
  • PE -50.5485
  • Debt/Assets 0.4123
  • DivYield 0
  • ROE -0.2952

 

  • Rating D+
  • Score 1
  • Recommendation Strong Sell
  • P/E Score 1
  • DCF Score 1
  • P/B Score 1
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Reiterated DKNG Morgan Stanley -- Overweight $50 $53 Jan. 16, 2026
Upgrade DKNG Wells Fargo Equal Weight Overweight -- $49 Jan. 15, 2026
Initiation DKNG Citigroup -- Buy -- $48 Nov. 21, 2025
Initiation DKNG Wells Fargo -- Equal Weight -- $31 Nov. 18, 2025
Upgrade DKNG Northland Capital Under Perform Market Perform -- -- Nov. 10, 2025
Downgrade DKNG BofA Securities Buy Neutral -- $35 Nov. 4, 2025
Upgrade DKNG Berenberg Hold Buy -- $43 Oct. 9, 2025
Reiterated DKNG Mizuho -- Outperform $58 $54 Oct. 7, 2025
Reiterated DKNG Jefferies -- Buy $54 $51 Oct. 6, 2025
Downgrade DKNG Northland Capital Outperform Under Perform -- $33 Oct. 1, 2025

News

DraftKings (DKNG) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
DKNG
Published: February 05, 2026 by: Zacks Investment Research
Sentiment: Neutral

DraftKings (DKNG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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image for news DraftKings (DKNG) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Is DraftKings (DKNG) a Buy as Wall Street Analysts Look Optimistic?
DKNG
Published: February 05, 2026 by: Zacks Investment Research
Sentiment: Positive

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Read More
image for news Is DraftKings (DKNG) a Buy as Wall Street Analysts Look Optimistic?
Investors Heavily Search DraftKings Inc. (DKNG): Here is What You Need to Know
DKNG
Published: February 03, 2026 by: Zacks Investment Research
Sentiment: Positive

Zacks.com users have recently been watching DraftKings (DKNG) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Read More
image for news Investors Heavily Search DraftKings Inc. (DKNG): Here is What You Need to Know
DraftKings Stock Falls As CFTC Shifts Prediction Market Policy
DKNG
Published: January 30, 2026 by: Benzinga
Sentiment: Negative

DraftKings Inc. (NASDAQ: DKNG) shares declined on Friday. The decline comes as Guggenheim lowered its price target on the stock and the Commodity Futures Trading Commission (CFTC) announced a major policy shift regarding prediction markets.

Read More
image for news DraftKings Stock Falls As CFTC Shifts Prediction Market Policy
Top 5 Gambling & Sports Betting Stocks After Legalization Wave
CZR, DKNG, FLUT, MGM, PENN
Published: January 27, 2026 by: 24/7 Wall Street
Sentiment: Neutral

When the Supreme Court struck down the federal sports betting ban in 2018, it unleashed a gold rush.

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image for news Top 5 Gambling & Sports Betting Stocks After Legalization Wave
Are Prediction Markets Really A Threat To DraftKings?
DKNG
Published: January 22, 2026 by: Seeking Alpha
Sentiment: Neutral

DraftKings is a Strong Buy, and I don't see prediction markets posing a material threat to its sportsbook dominance or growth trajectory. DKNG's business momentum is robust, with all-time highs in hold percentage, net revenue margin, parlay mix, and user base in Q3 2025. The valuation is compelling at ~30x EBITDA and 2.6x sales, supporting a forward price target of $44 and 20%+ annualized return potential.

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image for news Are Prediction Markets Really A Threat To DraftKings?
DraftKings, Flutter In Focus As BofA Sees Online Betting Driving Gaming Stocks Into 2026
BAC, DKNG, FLUT
Published: January 22, 2026 by: Benzinga
Sentiment: Positive

BofA Securities analyst Shaun C. Kelley said the gaming sector is starting 2026 with online sports betting still at the center of investor focus, even as softer trends across Las Vegas, regional casinos, and Asia temper near-term expectations.

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image for news DraftKings, Flutter In Focus As BofA Sees Online Betting Driving Gaming Stocks Into 2026
DraftKings Inc. (DKNG) is Attracting Investor Attention: Here is What You Should Know
DKNG
Published: January 21, 2026 by: Zacks Investment Research
Sentiment: Positive

DraftKings (DKNG) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Read More
image for news DraftKings Inc. (DKNG) is Attracting Investor Attention: Here is What You Should Know
DraftKing Stock Pops After Upgrade, Price-Target Hike
DKNG
Published: January 15, 2026 by: Schaeffers Research
Sentiment: Positive

DraftKings Inc (NASDAQ:DKNG) stock is up 2.5% to trade at $35.16 at last glance, after an upgrade from Wells Fargo to "overweight" from "equal weight," with a price-target hike to $49 from $31.

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image for news DraftKing Stock Pops After Upgrade, Price-Target Hike
DraftKings Expands Its Buyback Program: What's Driving the Shift?
DKNG
Published: January 13, 2026 by: Zacks Investment Research
Sentiment: Positive

DKNG doubles its buyback to $2B as improving cash flow, stronger sportsbook economics and iGaming momentum reshape capital returns.

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image for news DraftKings Expands Its Buyback Program: What's Driving the Shift?
DraftKings Inc. (DKNG) Is a Trending Stock: Facts to Know Before Betting on It
DKNG
Published: January 06, 2026 by: Zacks Investment Research
Sentiment: Positive

DraftKings (DKNG) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Read More
image for news DraftKings Inc. (DKNG) Is a Trending Stock: Facts to Know Before Betting on It
DraftKings Launches Prediction Markets: Analysts Eye 30% Upside
DKNG
Published: December 30, 2025 by: MarketBeat
Sentiment: Positive

Over the past three years, sports betting stock DraftKings NASDAQ: DKNG has delivered for investors, with shares up over 200% through the Dec. 29 close in that period.

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image for news DraftKings Launches Prediction Markets: Analysts Eye 30% Upside
DraftKings Adds Spanish-Language App: Unlocking a New Growth Channel?
DKNG
Published: December 30, 2025 by: Zacks Investment Research
Sentiment: Positive

DKNG plans a Spanish-language app ahead of the 2026 World Cup, targeting Hispanic bettors to drive acquisition, engagement and long-term growth.

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image for news DraftKings Adds Spanish-Language App: Unlocking a New Growth Channel?
DKNG vs. PENN: Which Betting Stock Is the Better Buy Now?
DKNG, PENN
Published: December 29, 2025 by: Zacks Investment Research
Sentiment: Positive

DraftKings and PENN Entertainment capture diverging paths in a maturing U.S. betting market, as investors reassess profitability, execution, and balance-sheet discipline.

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image for news DKNG vs. PENN: Which Betting Stock Is the Better Buy Now?
Investors Heavily Search DraftKings Inc. (DKNG): Here is What You Need to Know
DKNG
Published: December 26, 2025 by: Zacks Investment Research
Sentiment: Positive

Recently, Zacks.com users have been paying close attention to DraftKings (DKNG). This makes it worthwhile to examine what the stock has in store.

Read More
image for news Investors Heavily Search DraftKings Inc. (DKNG): Here is What You Need to Know
Is DraftKings' Product-Led Parlay Growth Driving Better Economics?
DKNG
Published: December 22, 2025 by: Zacks Investment Research
Sentiment: Neutral

DKNG leans into parlay-led product gains, with mix shifts lifting hold rates and margin potential despite volatility from sports outcomes.

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image for news Is DraftKings' Product-Led Parlay Growth Driving Better Economics?
DraftKings CEO on entry to prediction markets: We'll be able to compete just fine
DKNG
Published: December 19, 2025 by: CNBC Television
Sentiment: Positive

Jason Robbins, DraftKings CEO, joins 'The Exchange' to discuss DraftKings' entry into the prediction markets, the regulations behind it and much more.

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image for news DraftKings CEO on entry to prediction markets: We'll be able to compete just fine
DraftKings Enters Prediction Markets With Rollout of App and Web Product
DKNG
Published: December 19, 2025 by: PYMNTS
Sentiment: Positive

DraftKings entered prediction markets with the launch of DraftKings Predictions, a standalone app and web product. DraftKings Predictions is now available for eligible U.S. residents and will be added to all major app stores within days, the digital sports entertainment and gaming company said in a Friday (Dec. 19) press release.

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image for news DraftKings Enters Prediction Markets With Rollout of App and Web Product
2026 Casino And Online Gaming Outlook: Recovery For Sector As Macro Headwinds Fade
CZR, DKNG, FLUT, RSI
Published: December 17, 2025 by: Seeking Alpha
Sentiment: Positive

Macro headwinds that drove an 11% decline in Vegas visitation for conventions and tourism in the last nine months are expected to subside, proven by record advance bookings. Inflation, tariffs, and labor costs being absorbed psychologically has been the endgame for years. Our key picks are significantly undervalued now, and first quarter earnings are expected to rise.

Read More
image for news 2026 Casino And Online Gaming Outlook: Recovery For Sector As Macro Headwinds Fade
DraftKings Inc. (DKNG) is Attracting Investor Attention: Here is What You Should Know
DKNG
Published: December 15, 2025 by: Zacks Investment Research
Sentiment: Positive

Recently, Zacks.com users have been paying close attention to DraftKings (DKNG). This makes it worthwhile to examine what the stock has in store.

Read More
image for news DraftKings Inc. (DKNG) is Attracting Investor Attention: Here is What You Should Know
DraftKings' iGaming Up 25%: A Second Growth Engine Emerging?
DKNG
Published: December 12, 2025 by: Zacks Investment Research
Sentiment: Positive

DKNG's 25% iGaming surge signals a steadier growth engine as upgrades and stronger customer metrics lift third-quarter momentum.

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image for news DraftKings' iGaming Up 25%: A Second Growth Engine Emerging?
Is It Worth Investing in DraftKings (DKNG) Based on Wall Street's Bullish Views?
DKNG
Published: December 08, 2025 by: Zacks Investment Research
Sentiment: Neutral

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

Read More
image for news Is It Worth Investing in DraftKings (DKNG) Based on Wall Street's Bullish Views?
DraftKings Stock Up 26% in a Month: Should You Buy, Sell or Hold?
DKNG
Published: December 05, 2025 by: Zacks Investment Research
Sentiment: Neutral

DKNG's 26% rise contrasts with lowered guidance, rising volatility and mounting costs that now challenge its recent rebound.

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image for news DraftKings Stock Up 26% in a Month: Should You Buy, Sell or Hold?
DKNG Sentiment Craters as Traders Wonder Out Lout “Is Draftkings Dead?”
DKNG
Published: December 04, 2025 by: 24/7 Wall Street
Sentiment: Negative

Shares of DraftKings (NASDAQ:DKNG) are down 4.9% year to date at $34.50, and retail traders are openly questioning whether the company's business model has a future.

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image for news DKNG Sentiment Craters as Traders Wonder Out Lout “Is Draftkings Dead?”
DraftKings Inc. (DKNG) Is a Trending Stock: Facts to Know Before Betting on It
DKNG
Published: December 02, 2025 by: Zacks Investment Research
Sentiment: Positive

DraftKings (DKNG) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Read More
image for news DraftKings Inc. (DKNG) Is a Trending Stock: Facts to Know Before Betting on It
Why These Casino Stocks May See a Bull Market, Even If the Rest of the Market Is Selling Off
CZR, DKNG, MGM
Published: December 01, 2025 by: 24/7 Wall Street
Sentiment: Positive

Whether you're a gambling aficionado or not, most investors are well aware of how profitable casinos are.

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image for news Why These Casino Stocks May See a Bull Market, Even If the Rest of the Market Is Selling Off
DKNG's AI Push Takes Shape: Can Automation Power Its Next Margin Cycle?
DKNG
Published: December 01, 2025 by: Zacks Investment Research
Sentiment: Neutral

DraftKings is ramping up AI investment as other spend eases, positioning automation to cut costs in 2026 and shape its next margin cycle.

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image for news DKNG's AI Push Takes Shape: Can Automation Power Its Next Margin Cycle?
DraftKings vs. Flutter: Which Sports-Betting Stock Has More Upside?
DKNG, FLUT
Published: November 27, 2025 by: Zacks Investment Research
Sentiment: Positive

DKNG and FLUT race to dominate U.S. online sports betting, with product upgrades and iGaming expansion shaping the next growth phase.

Read More
image for news DraftKings vs. Flutter: Which Sports-Betting Stock Has More Upside?
DraftKings Inc. (DKNG) is Attracting Investor Attention: Here is What You Should Know
DKNG
Published: November 21, 2025 by: Zacks Investment Research
Sentiment: Positive

Recently, Zacks.com users have been paying close attention to DraftKings (DKNG). This makes it worthwhile to examine what the stock has in store.

Read More
image for news DraftKings Inc. (DKNG) is Attracting Investor Attention: Here is What You Should Know
Is DraftKings (DKNG) a Buy as Wall Street Analysts Look Optimistic?
DKNG
Published: November 20, 2025 by: Zacks Investment Research
Sentiment: Positive

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Read More
image for news Is DraftKings (DKNG) a Buy as Wall Street Analysts Look Optimistic?

About DraftKings Inc. (DKNG)

  • IPO Date 2019-07-25
  • Website https://www.draftkings.com
  • Industry Gambling, Resorts & Casinos
  • CEO Jason D. Robins
  • Employees 5100

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.