DraftKings Inc. (DKNG)
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- symbol DKNG
- Rev/Share 10.1389
- Book/Share 1.7695
- PB 22.3787
- Debt/Equity 2.1983
- CurrentRatio 1.2014
- ROIC -0.1386
- MktCap 19652925600.0
- FreeCF/Share 0.7979
- PFCF 49.9303
- PE -49.0106
- Debt/Assets 0.4249
- DivYield 0
- ROE -0.3744
- 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 |
|---|---|---|---|---|---|---|---|
| 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 | UBS | -- | Buy | $56 | $58 | Sept. 4, 2024 |
| Reiterated | DKNG | Susquehanna | -- | Positive | $47 | $48 | Sept. 4, 2024 |
News
Why the Market Dipped But DraftKings (DKNG) Gained Today
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.
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DraftKings CEO Jason Robins on Illinois sports betting tax
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.
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DraftKings Inc. (DKNG) is Attracting Investor Attention: Here is What You Should Know
Published: June 18, 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
FanDuel adds 50-cent surcharge on Illinois bets to offset state taxes, DraftKings may follow
Published: June 10, 2025 by: CNBC
Sentiment: Neutral
FanDuel is adding a 50-cent surcharge on all Illinois wagers. The move is designed to offset the high taxes in the state.
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DraftKings (DKNG) Is Considered a Good Investment by Brokers: Is That True?
Published: June 05, 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?
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DraftKings Inc. (DKNG) Is a Trending Stock: Facts to Know Before Betting on It
Published: June 03, 2025 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
Sports Betting Stocks Slip as Illinois Passes New Per-Bet Tax
Published: June 02, 2025 by: Investopedia
Sentiment: Negative
Shares of several sports betting companies dropped Monday after lawmakers in Illinois passed a state budget that includes a new tax on the industry.
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Only Have $100? 3 No-Brainer Stocks to Buy Right Now
Published: June 02, 2025 by: 24/7 Wall Street
Sentiment: Positive
Eliminating transaction fees and enabling $100 investments highlights the inclusive evolution of modern investing platforms.
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SailGP launches sports betting with DraftKings and Bet365
Published: June 02, 2025 by: CNBC
Sentiment: Positive
SailGP is providing real-time odds to gaming platfoms to allow users to place bets SailGP's sports betting push is part of a broader strategic plan to attract new fans, drive deeper engagement and grow the league's popularity
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Why 25 Analysts Think This Growth Stock Is a Screaming Buy Right Now
Published: May 27, 2025 by: 24/7 Wall Street
Sentiment: Positive
There are many different methods investors can utilize to identify the best growth stocks to buy right now.
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DraftKings' March Madness Miss: Wall Street Sees +50% Upside
Published: May 23, 2025 by: MarketBeat
Sentiment: Positive
During an earnings season where analysts expected many companies to lower guidance, darling gambling stock DraftKings NASDAQ: DKNG was one that had to do just that. Even as shares are down nearly 34% from their all-time high reached in February as of the May 21 close, DraftKings stock is still up more than 150% over the past three years.
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DraftKings: Keep Your Eyes On The Profitability Prize
Published: May 20, 2025 by: Seeking Alpha
Sentiment: Positive
DraftKings is nearing profitability, potentially as soon as 2025, driven by improving margins and disciplined cost management. Despite a slightly disappointing Q1, DraftKings is gaining market share and benefiting from the ongoing legalization of online betting. The company's premium valuation is justified by its strong US exposure, high growth outlook, and steady progress toward free cash flow.
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Is It Worth Investing in DraftKings (DKNG) Based on Wall Street's Bullish Views?
Published: May 20, 2025 by: Zacks Investment Research
Sentiment: Positive
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
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Here is What to Know Beyond Why DraftKings Inc. (DKNG) is a Trending Stock
Published: May 12, 2025 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
Investors Look Past DraftKings' Weak March Madness
Published: May 09, 2025 by: Bloomberg Technology
Sentiment: Neutral
DraftKings CEO Jason Robins discusses how an unusual March Madness impacted the sports betting company and how it is preparing for the future. Robins speaks with Caroline Hyde and Ed Ludlow on “Bloomberg Technology.
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DraftKings CEO Jason Robins on shutdown of Texas online lottery business
Published: May 09, 2025 by: CNBC Television
Sentiment: Neutral
DraftKings CEO Jason Robins said Friday that the shutdown of its online lottery in Texas is disappointing but impacts just a small part of the overall business.
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DraftKings Cuts 2025 Outlook, Says Favored Teams Winning Drives Lower Margins
Published: May 09, 2025 by: PYMNTS
Sentiment: Negative
It's said the house always wins in gambling. But as sports betting and iGaming statistics and algorithms continually improve, the favorite often wins, too.
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DraftKings CEO: No structural changes need for now to account for volatility in game outcomes
Published: May 09, 2025 by: CNBC Television
Sentiment: Positive
CNBC's Contessa Brewer joins DraftKings CEO and co-founder, Jason Robins, to discuss the company's most recent earnings, longterm outlooks for gambling, and more.
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DraftKings (DKNG) Q1 2025 Earnings Call Transcript
Published: May 09, 2025 by: Seeking Alpha
Sentiment: Neutral
DraftKings Inc. (NASDAQ:DKNG ) Q1 2025 Earnings Conference Call May 9, 2025 8:30 AM ET Company Participants Jason Robins - Chief Executive Officer Alan Ellingson - Chief Financial Officer Michael DeLalio - Senior Director, Investor Relations Conference Call Participants David Katz - Jefferies Shaun Kelley - Bank of America Stephen Grambling - Morgan Stanley Robin Farley - UBS Ben Miller - Goldman Sachs Brandt Montour - Barclays Jordan Bender - Citizens Joe Stauff - Susquehanna Robert Fishman - MoffettNathanson Jed Kelly - Oppenheimer Clark Lampen - BTIG Steven Sheeckutz - Citi Barry Jonas - Truist Securities Ben Chaiken - Mizuho …
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10 Stocks Reporting Earnings Today With Up To 74% Upside
Published: May 08, 2025 by: 24/7 Wall Street
Sentiment: Positive
Earnings season is in full swing with hundreds of stocks scheduled to report results after the closing bell.
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DraftKings (DKNG) Earnings Expected to Grow: Should You Buy?
Published: May 01, 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.
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DraftKings: I Am Finally Upgrading My Investment Outlook To Bullish, Here's Why
Published: April 28, 2025 by: Seeking Alpha
Sentiment: Positive
DraftKings is poised for significant growth as it transitions to profitability in 2025, driven by a rapidly expanding customer base that grew 42.25% YoY in 2024. Strategic investments in technology, data science, and live betting innovations, along with acquisitions like Simplebet, position DKNG to maintain its competitive edge and capitalize on secular growth. Despite macroeconomic risks, such as rising unemployment and potential recessionary pressures, DKNG's improving free cash flow of $407.60 million in 2024, with a projected $850 million in 2025, is attractive.
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DraftKings guidance in spotlight with Q1 softness already priced in, analysts say
Published: April 22, 2025 by: Proactive Investors
Sentiment: Negative
Draftkings Inc (NASDAQ:DKNG) is set to report its first quarter earnings on May 8, with investor focus expected to shift beyond the known March Madness headwinds toward the company's 2025 outlook and its ability to reaccelerate handle growth to reach its revenue guidance. Bank of America analysts have adjusted their expectations downward for the quarter, with EBITDA estimates now at $120 million, revised from $149 million due to a weaker March hold.
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DraftKings Inc. (DKNG) is Attracting Investor Attention: Here is What You Should Know
Published: April 15, 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
DraftKings' Oversold Status Triggers Rich Doubling Upside Potential - Reiterate Buy
Published: March 24, 2025 by: Seeking Alpha
Sentiment: Positive
DraftKings' reiterated FY2025 guidance, expanding gaming share, and cheap valuations underscore an excellent Buy rating, significantly aided by the recent correction. Recent earnings highlight excellent user acquisition trends and improved operational scale, leading to its impressive FY2024 revenues, adj EBITDA, and richer Free Cash Flow performance. DKNG's acquisitions and advanced analytical tools also enhance its vertically integrated gaming offerings, supporting its profitable growth trend despite macroeconomic uncertainties.
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Investors Heavily Search DraftKings Inc. (DKNG): Here is What You Need to Know
Published: March 24, 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
March Madness Sparks Big Moves in 3 Sports Betting Stocks
Published: March 20, 2025 by: Schaeffers Research
Sentiment: Positive
Sports betting stocks are in the spotlight as March Madness drives a surge in wagering activity, with DraftKings Inc (NASDAQ:DKNG), Robinhood Markets Inc (NASDAQ:HOOD), and Flutter Entertainment PLC (NYSE:FLUT) all making notable moves.
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DraftKings CEO on the March Madness betting surge
Published: March 18, 2025 by: CNBC Television
Sentiment: Positive
DraftKings CEO Jason Robins discusses the March Madness betting surge.
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DraftKings Announces Close of $600 Million Upsized Term Loan B Facility
Published: March 04, 2025 by: GlobeNewsWire
Sentiment: Neutral
BOSTON, March 04, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (the “Company” or “DraftKings”) today announced that it has successfully closed on its senior secured term loan B credit facility in an aggregate principal amount of $600 million (the “Term Loan B”). The size of the Term Loan B was increased from the previously announced $500 million aggregate principal amount due to strong demand.
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Wall Street Analysts See a 29.12% Upside in DraftKings (DKNG): Can the Stock Really Move This High?
Published: February 25, 2025 by: Zacks Investment Research
Sentiment: Positive
The mean of analysts' price targets for DraftKings (DKNG) points to a 29.1% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
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About DraftKings Inc. (DKNG)
- IPO Date 2019-07-25
- Website https://www.draftkings.com
- Industry Gambling, Resorts & Casinos
- CEO Mr. Jason D. Robins
- Employees 5100