DraftKings Inc. is a digital sports entertainment and games company in the United States. The company is headquartered in Boston, Massachusetts.
| Revenue (TTM) | $6.22B |
| Gross Profit (TTM) | $4.74B |
| EBITDA | $122.83M |
| Operating Margin | -4.72% |
| Return on Equity | -21.10% |
| Return on Assets | -2.42% |
| Revenue/Share (TTM) | $12.55 |
| Book Value | $1.15 |
| Price-to-Book | 21.09 |
| Price-to-Sales (TTM) | 1.92 |
| EV/Revenue | 2.08 |
| EV/EBITDA | 118.06 |
| Quarterly Earnings Growth (YoY) | 184.60% |
| Quarterly Revenue Growth (YoY) | -4.60% |
| Shares Outstanding | $496.45M |
| Float | $424.19M |
| % Insiders | 8.79% |
| % Institutions | 83.02% |
Volatility is currently contracting
DraftKings has shed nearly half its value over the past year while quietly building a Predictions product that went from $2.3 billion to $11 billion in annualized volume in just three months.
The state of New Jersey asked the Supreme Court to take up a dispute that could determine which regulator has oversight over prediction markets and sports-related event contracts. In April, the 3rd U.S. Circuit Court of Appeals, which ruled that all event contracts are "swaps" and regulated by the Commodity Futures Trading Commission.
BOSTON--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) today announced plans for DraftKings Gameday, a one-day nationwide celebration taking place September 2, 2026. Featuring exclusive promotions for customers, a customized in-app experience, in-person activations, a charitable donation and a new creative campaign, DraftKings Gameday will kick off the first football season with DraftKings Sports & Casino available nationwide.1 Fans will be able to enjoy Sportsbook, Predictions and Casino.
DKNG's sportsbook gains, stronger customer economics and Predictions growth give it an edge over FLUT amid weaker guidance and earnings pressure.
Gaming and Leisure Properties is upgraded to Strong Buy, with valuation at a deep discount and a highly attractive, sustainable dividend yield. GLPI delivered strong Q2 results, raised AFFO guidance to $1.219–$1.225 billion, and maintained a solid balance sheet with 4.8x leverage. Risks include heavy reliance on PENN (roughly half of the rent) and macro headwinds, but current valuation already reflects significant risk premiums.
DraftKings customers have long had to think in different currencies depending on where they were playing. Points on the sportsbook.
DraftKings (NASDAQ:DKNG | DKNG Price Prediction) has had a rough stretch in 2026.
DraftKings Inc. has achieved rapid revenue growth, moving from $3.67B in 2023 to $6.05B in 2025, and recently turned a net profit. DKNG's user base and average revenue per monthly unique payer continue to expand, supported by successful product diversification and a strong customer acquisition flywheel. Management guides for 2026 revenue of $6.5–$6.9B and EBITDA of $700–$900M, reflecting ongoing momentum and confidence in new offerings like DraftKings Predictions.
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?
BOSTON--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) (the “Company” or “DraftKings”) today announced the launch of syndication for a proposed senior secured term loan B credit facility (the “Term Loan B”) in an aggregate principal amount of $600 million. DraftKings intends to utilize the net proceeds of the Term Loan B for repurchases of a portion of its existing Convertible Notes due 2028 (subject to availability and market conditions) and other general corporate purposes. In connection wit.
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