DraftKings Inc. (DKNG)

US — Consumer Cyclical Sector
Peers: CHDN  RSI  LTRY  FLUT  PENN  PLTR  PTON  RBLX  TDOC 

Automate Your Wheel Strategy on DKNG

With Tiblio's Option Bot, you can configure your own wheel strategy including DKNG - and automate your put writes, covered calls, and full wheel strategy. Just connect one of the supported brokerages: tastytrade, Schwab, TradeStation or Tradier and go.

Start Your Free Trial Now

Key Metrics & Ratings

  • symbol DKNG
  • Rev/Share 11.0588
  • Book/Share 2.064
  • PB 22.3307
  • Debt/Equity 1.3187
  • CurrentRatio 1.3388
  • ROIC -0.1037

 

  • MktCap 22882302300.0
  • FreeCF/Share 1.1423
  • PFCF 40.9525
  • PE -74.0497
  • Debt/Assets 0.2976
  • DivYield 0
  • ROE -0.3068

 

  • 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 Citigroup -- Buy $55 $58 July 1, 2025
Initiation DKNG JP Morgan -- Overweight -- $50 June 23, 2025
Initiation DKNG Bernstein -- Outperform -- $46 June 4, 2025
Reiterated DKNG BTIG Research -- Buy $64 $52 April 22, 2025
Reiterated DKNG Susquehanna -- Positive $56 $54 Jan. 8, 2025
Reiterated DKNG Mizuho -- Outperform $54 $62 Oct. 18, 2024
Reiterated DKNG Susquehanna -- Positive $48 $50 Oct. 7, 2024
Upgrade DKNG Exane BNP Paribas Underperform Neutral -- $35 Sept. 10, 2024
Reiterated DKNG Susquehanna -- Positive $47 $48 Sept. 4, 2024
Reiterated DKNG UBS -- Buy $56 $58 Sept. 4, 2024

News

DraftKings Inc. (DKNG) Is a Trending Stock: Facts to Know Before Betting on It
DKNG
Published: August 22, 2025 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 DraftKings Inc. (DKNG) Is a Trending Stock: Facts to Know Before Betting on It
DraftKings Secures Direct Mobile Sports Betting License to Operate in Missouri
DKNG
Published: August 15, 2025 by: GlobeNewsWire
Sentiment: Neutral

BOSTON, Aug. 15, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) announced today that the Missouri Gaming Commission has granted the company a direct mobile sports betting license. This direct mobile sports betting license will enable DraftKings to operate independently across the state of Missouri, without the need for affiliation with a land-based casino or professional sports team. DraftKings' online sportsbook would go live on the universal launch date currently expected for December 1, 2025, contingent on final regulatory approvals.

Read More
image for news DraftKings Secures Direct Mobile Sports Betting License to Operate in Missouri
Are Consumer Discretionary Stocks Lagging DraftKings (DKNG) This Year?
DKNG
Published: August 15, 2025 by: Zacks Investment Research
Sentiment: Negative

Here is how DraftKings (DKNG) and Lincoln Educational Services Corporation (LINC) have performed compared to their sector so far this year.

Read More
image for news Are Consumer Discretionary Stocks Lagging DraftKings (DKNG) This Year?
Wall Street Bulls Look Optimistic About DraftKings (DKNG): Should You Buy?
DKNG
Published: August 15, 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 Wall Street Bulls Look Optimistic About DraftKings (DKNG): Should You Buy?
Investors Heavily Search DraftKings Inc. (DKNG): Here is What You Need to Know
DKNG
Published: August 11, 2025 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
Baron Discovery Fund Q2 2025: Winners And Setbacks Shaping The Portfolio
CWAN, DKNG, INSP, IRT, KRMN, KTOS, MAC, MEG
Published: August 11, 2025 by: Seeking Alpha
Sentiment: Positive

Kratos Defense, Montrose Environmental, and Karman Holdings drove strong quarterly performance, benefiting from secular tailwinds and robust demand in defense and environmental sectors. We see Kratos and Karman as well positioned for multi-year growth, leveraging investments in hypersonics, missile defense, and space technologies amid rising defense budgets. Montrose Environmental rebounded as regulatory fears eased, organic growth accelerated, and debt reduction improved transparency, supporting our continued conviction in its long-term value.

Read More
image for news Baron Discovery Fund Q2 2025: Winners And Setbacks Shaping The Portfolio
'RECORD-BREAKING': DraftKings CEO touts historic quarter
DKNG
Published: August 10, 2025 by: Fox Business
Sentiment: Positive

DraftKings CEO Jason Robbins joins 'Varney & Co.' to discuss the company's successful second quarter and how they're integrating artificial intelligence.

Read More
image for news 'RECORD-BREAKING': DraftKings CEO touts historic quarter
DraftKings Posts Record Quarter, Eyes Profitability
DKNG
Published: August 08, 2025 by: MarketBeat
Sentiment: Positive

DraftKings Inc. NASDAQ: DKNG reported record revenue and earnings in its second-quarter 2025 earnings report. This was expected, as DKNG stock was up approximately 11% in the month before earnings, and analysts had been raising their price targets.

Read More
image for news DraftKings Posts Record Quarter, Eyes Profitability
DraftKings (DKNG) CEO on Earnings, Expansion & "Entertainment" Business Model
DKNG
Published: August 07, 2025 by: Schwab Network
Sentiment: Positive

Jason Robins, CEO of DraftKings (DKNG), joins Sam Vadas to discuss his company's latest earnings, which included record quarterly revenue. He says management is keeping their sights on the company's long-term prospects.

Read More
image for news DraftKings (DKNG) CEO on Earnings, Expansion & "Entertainment" Business Model
DraftKings Ups Monetization With Mobile-First Personalization
DKNG
Published: August 07, 2025 by: PYMNTS
Sentiment: Positive

In a perfect world, profitability and innovation go hand-in-hand. For DraftKings, which is currently live in 25 U.S. states and Washington, D.C.

Read More
image for news DraftKings Ups Monetization With Mobile-First Personalization
DraftKings Q2: Not As Strong As Financials Suggest
DKNG
Published: August 07, 2025 by: Seeking Alpha
Sentiment: Positive

DraftKings Inc. reported very strong growth in Q2, sending the stock up. Underlying indicators don't signal such strength. Growth in betting handles and active users has slowed down, while favorable sports results drove up growth. DraftKings has maintained its market share rivalry with FanDuel in sports betting, but lost share in iGaming.

Read More
image for news DraftKings Q2: Not As Strong As Financials Suggest
DraftKings (DKNG) Earnings Expected to Grow: Should You Buy?
DKNG
Published: July 30, 2025 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.

Read More
image for news DraftKings (DKNG) Earnings Expected to Grow: Should You Buy?
LNW or DKNG: Which Is the Better Value Stock Right Now?
DKNG, LNW
Published: July 22, 2025 by: Zacks Investment Research
Sentiment: Positive

Investors interested in stocks from the Gaming sector have probably already heard of Light & Wonder (LNW) and DraftKings (DKNG). But which of these two companies is the best option for those looking for undervalued stocks?

Read More
image for news LNW or DKNG: Which Is the Better Value Stock Right Now?
Here is What to Know Beyond Why DraftKings Inc. (DKNG) is a Trending Stock
DKNG
Published: July 22, 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 Here is What to Know Beyond Why DraftKings Inc. (DKNG) is a Trending Stock
DraftKings: High-Reward Gaming Bet - Prediction Prospects Appear Compelling
DKNG
Published: July 22, 2025 by: Seeking Alpha
Sentiment: Neutral

DKNG's lowered FY2025 guidance has been similarly observed in its direct peer, FLUT, thanks to the "adverse March Madness sports results." With it remaining to be seen how Q2'25 and H2'25 may develop, worsened by the ongoing regulatory headwinds observed in the gaming industry, there may be more near-term volatilities indeed. Even so, there is no denying DKNG's growing bottom-lines/ robust performance metrics in FQ1'25 and the enviable position as the second largest iGaming player in the US.

Read More
image for news DraftKings: High-Reward Gaming Bet - Prediction Prospects Appear Compelling
3 Stocks Soared After This Tool Flagged Them — and Here Are 2 More
DKNG, ENPH, HBI, LNG, NET
Published: July 20, 2025 by: InvestorPlace
Sentiment: Positive

Tom Yeung here with your Sunday Digest . In January, I introduced TradeSmith's latest trading strategy, a tool that CEO Keith Kaplan called their biggest breakthrough since creating TradeStops 20 years ago.

Read More
image for news 3 Stocks Soared After This Tool Flagged Them — and Here Are 2 More
Trump Tailwind? How the BBB Could Boost DraftKings Stock
DKNG
Published: July 17, 2025 by: MarketBeat
Sentiment: Positive

President Donald Trump made headlines with the signing of his first major piece of legislation: the One Big Beautiful Bill (BBB). Most of the attention has gone toward the extension of Trump's tax cuts and changes to federal programs like Medicaid.

Read More
image for news Trump Tailwind? How the BBB Could Boost DraftKings Stock
DraftKings (DKNG) Stock Declines While Market Improves: Some Information for Investors
DKNG
Published: July 16, 2025 by: Zacks Investment Research
Sentiment: Neutral

In the most recent trading session, DraftKings (DKNG) closed at $43.36, indicating a -1% shift from the previous trading day.

Read More
image for news DraftKings (DKNG) Stock Declines While Market Improves: Some Information for Investors
Rivian Unseats Lucid, DraftKings Ousts Plug Power In Russell 1000 Shake-Up
DKNG, LCID, PLUG, RIVN
Published: July 16, 2025 by: Benzinga
Sentiment: Positive

Each year, FTSE Russell recalibrates its U.S. indexes to ensure they accurately represent the evolving market. The Russell 1000 Index, comprising the largest 1,000 U.S. companies by market cap, saw some notable additions and exclusions in 2025.

Read More
image for news Rivian Unseats Lucid, DraftKings Ousts Plug Power In Russell 1000 Shake-Up
Is DraftKings Winning the Customer Acquisition War in Sports Betting?
DKNG
Published: July 16, 2025 by: Zacks Investment Research
Sentiment: Positive

DKNG's efficient promos, live betting surge and tech edge are driving user growth and boosting profitability.

Read More
image for news Is DraftKings Winning the Customer Acquisition War in Sports Betting?
Is Trending Stock DraftKings Inc. (DKNG) a Buy Now?
DKNG
Published: July 11, 2025 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 Is Trending Stock DraftKings Inc. (DKNG) a Buy Now?
Trade Tracker: Kevin Simpson buys DraftKings
DKNG
Published: July 10, 2025 by: CNBC Television
Sentiment: Positive

Kevin Simpson, founder and CEO at Capital Wealth Planning, joins CNBC's "Halftime Report" to detail his latest buy.

Read More
image for news Trade Tracker: Kevin Simpson buys DraftKings
How Strong is DraftKings' Path to Free Cash Flow in 2025?
DKNG
Published: July 04, 2025 by: Zacks Investment Research
Sentiment: Positive

DKNG eyes $750M in 2025 free cash flow as sportsbook strength and margin expansion drive profitability gains.

Read More
image for news How Strong is DraftKings' Path to Free Cash Flow in 2025?
DraftKings (DKNG) Stock Sinks As Market Gains: Here's Why
DKNG
Published: July 02, 2025 by: Zacks Investment Research
Sentiment: Negative

DraftKings (DKNG) closed the most recent trading day at $41.32, moving 1.6% from the previous trading session.

Read More
image for news DraftKings (DKNG) Stock Sinks As Market Gains: Here's Why
DraftKings Launches “My Budget Builder” to Enhance Its Responsible Gaming Tools and Resources
DKNG
Published: June 30, 2025 by: GlobeNewsWire
Sentiment: Neutral

Players can use this new tool to help them manage their play across DraftKings products, reflecting the ongoing efforts of DraftKings to promote Responsible Gaming Players can use this new tool to help them manage their play across DraftKings products, reflecting the ongoing efforts of DraftKings to promote Responsible Gaming

Read More
image for news DraftKings Launches “My Budget Builder” to Enhance Its Responsible Gaming Tools and Resources
DraftKings Inc. (DKNG) is Attracting Investor Attention: Here is What You Should Know
DKNG
Published: June 30, 2025 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 DraftKings Inc. (DKNG) is Attracting Investor Attention: Here is What You Should Know
These 2 Consumer Discretionary Stocks Could Beat Earnings: Why They Should Be on Your Radar
DKNG, MGM
Published: June 30, 2025 by: Zacks Investment Research
Sentiment: Positive

The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.

Read More
image for news These 2 Consumer Discretionary Stocks Could Beat Earnings: Why They Should Be on Your Radar
Wall Street Analysts Think DraftKings (DKNG) Is a Good Investment: Is It?
DKNG
Published: June 23, 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 Wall Street Analysts Think DraftKings (DKNG) Is a Good Investment: Is It?
Why the Market Dipped But DraftKings (DKNG) Gained Today
DKNG
Published: June 20, 2025 by: Zacks Investment Research
Sentiment: Positive

The latest trading day saw DraftKings (DKNG) settling at $40.51, representing a +2.3% change from its previous close.

Read More
image for news Why the Market Dipped But DraftKings (DKNG) Gained Today
DraftKings CEO Jason Robins on Illinois sports betting tax
DKNG
Published: June 18, 2025 by: CNBC Television
Sentiment: Negative

DraftKings CEO Jason Robins on Wednesday blasted Illinois' new tax on sports bets in the state, as the company in response plans to add a 50-cent transaction fee for all Illinois wagers beginning Sept. 1. "All it's going to do is drive people to the illegal market or drive people to bet more," Robins said.

Read More
image for news DraftKings CEO Jason Robins on Illinois sports betting tax

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.