DraftKings Inc. (DKNG)

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

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Key Metrics & Ratings

  • symbol DKNG
  • Rev/Share 10.1389
  • Book/Share 1.7695
  • PB 25.1873
  • Debt/Equity 2.1983
  • CurrentRatio 1.2014
  • ROIC -0.1386

 

  • MktCap 22119467020.0
  • FreeCF/Share 0.7979
  • PFCF 56.1968
  • PE -55.1616
  • 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
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

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.

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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.

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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.

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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.

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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

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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.

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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.

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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.

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image for news DraftKings CEO Jason Robins on Illinois sports betting tax
DraftKings Inc. (DKNG) is Attracting Investor Attention: Here is What You Should Know
DKNG
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
image for news DraftKings Inc. (DKNG) is Attracting Investor Attention: Here is What You Should Know
FanDuel adds 50-cent surcharge on Illinois bets to offset state taxes, DraftKings may follow
DKNG, FLUT
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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image for news FanDuel adds 50-cent surcharge on Illinois bets to offset state taxes, DraftKings may follow
DraftKings (DKNG) Is Considered a Good Investment by Brokers: Is That True?
DKNG
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?

Read More
image for news DraftKings (DKNG) Is Considered a Good Investment by Brokers: Is That True?
DraftKings Inc. (DKNG) Is a Trending Stock: Facts to Know Before Betting on It
DKNG
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
image for news DraftKings Inc. (DKNG) Is a Trending Stock: Facts to Know Before Betting on It
Sports Betting Stocks Slip as Illinois Passes New Per-Bet Tax
DKNG
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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image for news Sports Betting Stocks Slip as Illinois Passes New Per-Bet Tax
Only Have $100? 3 No-Brainer Stocks to Buy Right Now
CCL, CUK, DKNG, UBER
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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image for news Only Have $100? 3 No-Brainer Stocks to Buy Right Now
SailGP launches sports betting with DraftKings and Bet365
DKNG
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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image for news SailGP launches sports betting with DraftKings and Bet365
Why 25 Analysts Think This Growth Stock Is a Screaming Buy Right Now
DKNG
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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image for news Why 25 Analysts Think This Growth Stock Is a Screaming Buy Right Now
DraftKings' March Madness Miss: Wall Street Sees +50% Upside
DKNG
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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image for news DraftKings' March Madness Miss: Wall Street Sees +50% Upside
DraftKings: Keep Your Eyes On The Profitability Prize
DKNG
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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image for news DraftKings: Keep Your Eyes On The Profitability Prize
Is It Worth Investing in DraftKings (DKNG) Based on Wall Street's Bullish Views?
DKNG
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?

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: 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
image for news Here is What to Know Beyond Why DraftKings Inc. (DKNG) is a Trending Stock
Investors Look Past DraftKings' Weak March Madness
DKNG
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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image for news Investors Look Past DraftKings' Weak March Madness
DraftKings CEO Jason Robins on shutdown of Texas online lottery business
DKNG
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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image for news DraftKings CEO Jason Robins on shutdown of Texas online lottery business
DraftKings Cuts 2025 Outlook, Says Favored Teams Winning Drives Lower Margins
DKNG
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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image for news DraftKings Cuts 2025 Outlook, Says Favored Teams Winning Drives Lower Margins
DraftKings CEO: No structural changes need for now to account for volatility in game outcomes
DKNG
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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image for news DraftKings CEO: No structural changes need for now to account for volatility in game outcomes
DraftKings (DKNG) Q1 2025 Earnings Call Transcript
DKNG
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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image for news DraftKings (DKNG) Q1 2025 Earnings Call Transcript
10 Stocks Reporting Earnings Today With Up To 74% Upside
AFRM, COIN, DKNG, INOD, MARA, NET, RKLB, SOUN, TTD, WOLF
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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image for news 10 Stocks Reporting Earnings Today With Up To 74% Upside
DraftKings (DKNG) Earnings Expected to Grow: Should You Buy?
DKNG
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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image for news DraftKings (DKNG) Earnings Expected to Grow: Should You Buy?
DraftKings: I Am Finally Upgrading My Investment Outlook To Bullish, Here's Why
DKNG
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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image for news DraftKings: I Am Finally Upgrading My Investment Outlook To Bullish, Here's Why

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.