DraftKings Inc. (DKNG)

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

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 11.0801
  • Book/Share 1.4866
  • PB 19.3871
  • Debt/Equity 1.815
  • CurrentRatio 1.095
  • ROIC -0.1009

 

  • MktCap 14343145814.0
  • FreeCF/Share 1.3279
  • PFCF 21.9265
  • PE -53.0592
  • Debt/Assets 0.2874
  • 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
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
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

News

DraftKings CEO and Co-Founder Jason Robins Named the 2025 American Gambling Awards C-Suite Executive of the Year
DKNG, GAMB
Published: November 18, 2025 by: Business Wire
Sentiment: Neutral

CHARLOTTE, N.C.--(BUSINESS WIRE)--The American Gambling Awards is pleased to announce that Jason Robins, Chief Executive Officer and Co-Founder of DraftKings Inc. (Nasdaq: DKNG) (“DraftKings”), has been named C-Suite Executive of the Year for 2025. His vision has fueled DraftKings' growth while steering the broader industry toward a more interactive, sustainable, and fan-driven future in gaming. The American Gambling Awards, produced by Gambling.com Group Limited (Nasdaq: GAMB) ("Gambling.com G.

Read More
image for news DraftKings CEO and Co-Founder Jason Robins Named the 2025 American Gambling Awards C-Suite Executive of the Year
Is DraftKings Still on Track for Sustainable Profitability in 2026?
DKNG
Published: November 18, 2025 by: Zacks Investment Research
Sentiment: Positive

DKNG signals its profit path stays intact as third-quarter volatility eases and product expansion, partnerships and handle growth bolster its 2026 outlook.

Read More
image for news Is DraftKings Still on Track for Sustainable Profitability in 2026?
FanDuel, DraftKings abandon AGA trade group as rift over sports prediction markets grows
DKNG, FLUT
Published: November 18, 2025 by: CNBC
Sentiment: Negative

FanDuel and DraftKings on Tuesday said they are quitting the American Gaming Association. Prediction platforms like Kalshi and Polymarket, which allow customers to trade on events across pop culture, news and politics, have skyrocketed in popularity, and sportsbooks have been getting in.

Read More
image for news FanDuel, DraftKings abandon AGA trade group as rift over sports prediction markets grows
DraftKings: Growth Engine Re-Ignites - Buy The Meltdown
DKNG
Published: November 18, 2025 by: Seeking Alpha
Sentiment: Negative

DraftKings' meltdown continues as it retests the 2.5Y bottom of $29s, thanks to the intensifying competition from the Prediction Markets and the customer-friendly sport outcomes in FQ3'25. This is worsened by the management's twice lowered FY2025 guidance, with it presenting visibility risks to its future execution. Otherwise, I believe that DKNG may outperform moving forward, thanks to the strategic accretion of ESPN Bet into its growing OSB mobile handle market share.

Read More
image for news DraftKings: Growth Engine Re-Ignites - Buy The Meltdown
Here Are Tuesday's Top Wall Street Analyst Research Calls: Alphabet, Amazon.com, Deckers Outdoors, DraftKings, Microsoft, Qualys, Zscaler and More
AMZN, DECK, DKNG, GOOGL, MSFT, QLYS, ZS
Published: November 18, 2025 by: 24/7 Wall Street
Sentiment: Negative

The futures are trading lower for the fourth straight day as we start the week, following deep selling on Monday, especially in some of the big technology names, such as NVIDIA Corp.

Read More
image for news Here Are Tuesday's Top Wall Street Analyst Research Calls: Alphabet, Amazon.com, Deckers Outdoors, DraftKings, Microsoft, Qualys, Zscaler and More
DraftKings' Revenue Volatility Rises as Outcome Swings Intensify
DKNG
Published: November 14, 2025 by: Zacks Investment Research
Sentiment: Negative

DKNG weathers sharp sportsbook volatility as clustered NFL outcomes hit Q3 results, even as handle growth and retention signal underlying strength.

Read More
image for news DraftKings' Revenue Volatility Rises as Outcome Swings Intensify
DraftKings Stock Down 28% in Three Months: Buy the Dip or Stay Away?
DKNG
Published: November 13, 2025 by: Zacks Investment Research
Sentiment: Negative

DKNG's 27.8% slide follows weak third-quarter results, softer 2025 guidance and rising spend on new products and media partnerships.

Read More
image for news DraftKings Stock Down 28% in Three Months: Buy the Dip or Stay Away?
$5B+ in Buybacks: What DraftKings, AppLovin, and Altria Are Telling You
APP, DKNG, MO
Published: November 13, 2025 by: MarketBeat
Sentiment: Neutral

Three well-known stocks recently made bold moves to return more capital to shareholders, with over $5 billion in fresh buyback authorizations announced.

Read More
image for news $5B+ in Buybacks: What DraftKings, AppLovin, and Altria Are Telling You
DraftKings Inc. (DKNG) Is a Trending Stock: Facts to Know Before Betting on It
DKNG
Published: November 10, 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 a Trending Stock: Facts to Know Before Betting on It
DraftKings Says It Will Use Prediction Markets to Pressure States on Sports Betting
DKNG
Published: November 07, 2025 by: Barrons
Sentiment: Positive

Prediction markets can be used as a “powerful lever” to pressure states to legalize online sports betting, DraftKings CEO Jason Robins said Friday.

Read More
image for news DraftKings Says It Will Use Prediction Markets to Pressure States on Sports Betting
Why it could be harder to find a job if you get laid off, DraftKings CEO on sports betting, earnings
DKNG
Published: November 07, 2025 by: Yahoo Finance
Sentiment: Negative

Market Catalysts anchor Julie Hyman breaks down the latest financial news for November 7, 2025. Betsey Stevenson, University of Michigan Professor of Public Policy, discusses conflicting jobs data amid the government shutdown, the weakening labor market, and why it could be harder to find a job now if you get laid off.

Read More
image for news Why it could be harder to find a job if you get laid off, DraftKings CEO on sports betting, earnings
Flutter, Draftkings hit by fear of prediction markets threat, as Trump Media eyes entry
DJT, DKNG, FLUT
Published: November 07, 2025 by: Proactive Investors
Sentiment: Negative

Investor sentiment towards US-exposed bookmakers such as Flutter Entertainment PLC (LSE:FLTR, NYSE:FLUT), Draftkings Inc (NASDAQ:DKNG) Entain PLC (LSE:ENT) is currently dominated by "caution and fear" due to the rise of prediction markets. This was one of the key takes from the Berenberg leisure analysts after a trip to the US, where they encountered “the most concern and fear we have felt since 2022” due to the fast-developing prediction market space and a fear that it will eat the lunch of the sports betting and iGaming industry.

Read More
image for news Flutter, Draftkings hit by fear of prediction markets threat, as Trump Media eyes entry
DraftKings Inc. (DKNG) Q3 2025 Earnings Call Transcript
DKNG
Published: November 07, 2025 by: Seeking Alpha
Sentiment: Neutral

DraftKings Inc. ( DKNG ) Q3 2025 Earnings Call November 7, 2025 8:30 AM EST Company Participants Michael DeLalio Jason Robins - Co-Founder, Chairman & CEO Alan Ellingson - Chief Financial Officer Conference Call Participants David Katz - Jefferies LLC, Research Division Stephen Grambling - Morgan Stanley, Research Division Daniel Politzer - JPMorgan Chase & Co, Research Division William Lampen - BTIG, LLC, Research Division Robert Fishman - MoffettNathanson LLC Robin Farley - UBS Investment Bank, Research Division Brandt Montour - Barclays Bank PLC, Research Division Jed Kelly - Oppenheimer & Co. Inc., Research Division Shaun Kelley - BofA Securities, …

Read More
image for news DraftKings Inc. (DKNG) Q3 2025 Earnings Call Transcript
DraftKings Q3 revenue misses, lowers guidance as user growth slows
DKNG
Published: November 07, 2025 by: Proactive Investors
Sentiment: Negative

Draftkings Inc (NASDAQ:DKNG) late Thursday reported third quarter 2025 revenue that rose 4% year over year to $1.14 billion, falling short of the analyst consensus estimate of $1.2 billion. The sports betting platform, though, posted a loss for the period of $0.26 per share, better than expectations of a $0.32 per share deficit.

Read More
image for news DraftKings Q3 revenue misses, lowers guidance as user growth slows
DraftKings Picks Up a New Partner in the Competitive Sports-Betting Business
DKNG
Published: November 06, 2025 by: Investopedia
Sentiment: Positive

ESPN is betting on DraftKings.

Read More
image for news DraftKings Picks Up a New Partner in the Competitive Sports-Betting Business
3 Sports Betting Stocks to Watch Before Earnings
DKNG, FLUT, PENN
Published: November 05, 2025 by: Schaeffers Research
Sentiment: Neutral

Sports betting giants DraftKings Inc (NASDAQ:DKNG) and PENN Entertainment Inc (NASDAQ:PENN) will report third-quarter earnings tomorrow, the former after the close and the latter before the open.

Read More
image for news 3 Sports Betting Stocks to Watch Before Earnings
DraftKings Gears Up for Q3 Earnings: What's in the Offing?
DKNG
Published: November 04, 2025 by: Zacks Investment Research
Sentiment: Positive

DKNG's third-quarter results may show solid revenue growth from innovation and iGaming strength, though higher taxes and expansion costs can weigh on profit.

Read More
image for news DraftKings Gears Up for Q3 Earnings: What's in the Offing?
DraftKings analysts cut target price, cite earnings risk from headwinds
DKNG
Published: November 04, 2025 by: Proactive Investors
Sentiment: Negative

Bank of America analysts on Tuesday downgraded Draftkings Inc (NASDAQ:DKNG) to ‘Neutral', while reducing its price objective to $35 per share, citing “relentless” headwinds that could hurt the sports betting platform's long-term earnings power. In a note to clients, the analysts pointed to factors such as the company's underperformance in iGaming, with its market share declining from 27% to 23% over the last two years, and never-ending state taxes, which has pressured its margins by about 200 basis points, as reasons for their pessimism.

Read More
image for news DraftKings analysts cut target price, cite earnings risk from headwinds
Brokers Suggest Investing in DraftKings (DKNG): Read This Before Placing a Bet
DKNG
Published: November 04, 2025 by: Zacks Investment Research
Sentiment: Neutral

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 Brokers Suggest Investing in DraftKings (DKNG): Read This Before Placing a Bet
DraftKings (DKNG) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
DKNG
Published: October 30, 2025 by: Zacks Investment Research
Sentiment: Negative

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) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
Retail Investors Flip Bearish as DraftKings Tumbles Toward 52-Week Lows
DKNG
Published: October 29, 2025 by: 24/7 Wall Street
Sentiment: Negative

Shares of DraftKings (DKNG) fell 10.2% over the past week, dropping to $31.16 from $34.70, coinciding with a dramatic collapse in retail investor sentiment on Reddit.

Read More
image for news Retail Investors Flip Bearish as DraftKings Tumbles Toward 52-Week Lows
Could DraftKings Stock Drop To $23?
DKNG
Published: October 28, 2025 by: Forbes
Sentiment: Negative

DraftKings (DKNG) stock has dipped by 22.1% in under a month, from $42.32 on 9/26/2025 to its current price of $32.96. What is on the horizon?

Read More
image for news Could DraftKings Stock Drop To $23?
Investors Heavily Search DraftKings Inc. (DKNG): Here is What You Need to Know
DKNG
Published: October 28, 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
DraftKings (DKNG) Stock Drops Despite Market Gains: Important Facts to Note
DKNG
Published: October 24, 2025 by: Zacks Investment Research
Sentiment: Neutral

DraftKings (DKNG) concluded the recent trading session at $33, signifying a -4.9% move from its prior day's close.

Read More
image for news DraftKings (DKNG) Stock Drops Despite Market Gains: Important Facts to Note
Sportsbooks were called ‘victims' in new NBA gambling probe. Here's what DraftKings, FanDuel have to say.
DKNG, FLUT
Published: October 24, 2025 by: Market Watch
Sentiment: Negative

The sportsbooks say they play a key role in helping regulators identify suspicious betting activity.

Read More
image for news Sportsbooks were called ‘victims' in new NBA gambling probe. Here's what DraftKings, FanDuel have to say.
Stocks to watch after the NBA's betting scandal
DKNG, MSGS, WBD
Published: October 24, 2025 by: Finbold
Sentiment: Neutral

The sports industry is in a state of shock following the arrest of more than 30 people involved with the National Basketball Association (NBA).

Read More
image for news Stocks to watch after the NBA's betting scandal
DraftKings Expands Into Prediction Markets Game With Railbird Acquisition
DKNG
Published: October 22, 2025 by: Investopedia
Sentiment: Positive

DraftKings (DKNG) is expanding into the booming prediction markets business.

Read More
image for news DraftKings Expands Into Prediction Markets Game With Railbird Acquisition
Is It Worth Investing in DraftKings (DKNG) Based on Wall Street's Bullish Views?
DKNG
Published: October 16, 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 It Worth Investing in DraftKings (DKNG) Based on Wall Street's Bullish Views?
Here is What to Know Beyond Why DraftKings Inc. (DKNG) is a Trending Stock
DKNG
Published: October 14, 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 Here is What to Know Beyond Why DraftKings Inc. (DKNG) is a Trending Stock
Bargain Alert: DraftKings Is the Most Oversold It's Ever Been
DKNG
Published: October 10, 2025 by: MarketBeat
Sentiment: Positive

Gambling powerhouse DraftKings Inc. NASDAQ: DKNG is flashing a rare signal that investors typically only see a handful of times in a stock's lifetime. Its Relative Strength Index (RSI), a key measure of momentum, has collapsed below 15, marking the lowest reading in company history.

Read More
image for news Bargain Alert: DraftKings Is the Most Oversold It's Ever Been

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.