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 11.0801
  • Book/Share 1.4866
  • PB 23.2854
  • Debt/Equity 1.815
  • CurrentRatio 1.095
  • ROIC -0.1009

 

  • MktCap 17227203065.0
  • FreeCF/Share 1.3279
  • PFCF 26.3354
  • PE -63.7281
  • 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 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
Reiterated DKNG Citigroup -- Buy $55 $58 July 1, 2025
Initiation DKNG JP Morgan -- Overweight -- $50 June 23, 2025

News

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.

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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.

Read More
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.

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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?
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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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, …

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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.

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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.

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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.

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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

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.