DraftKings Inc. (DKNG)

US — Consumer Cyclical Sector
Peers: AS  BURL  BBY  RIVN  APTV  WYNN  AMCR  DKS  PKG  NIO 

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Key Metrics & Ratings

  • symbol DKNG
  • Rev/Share 10.895
  • Book/Share 2.0334
  • PB 15.3239
  • Debt/Equity 1.8917
  • CurrentRatio 1.3388
  • ROIC -0.1037

 

  • MktCap 15470007412.0
  • FreeCF/Share 1.1253
  • PFCF 27.6867
  • PE -50.8149
  • Debt/Assets 0.4269
  • DivYield 0
  • ROE -0.3068

 

  • 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
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
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

News

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?

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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.

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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.

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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).

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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.

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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.

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image for news Bargain Alert: DraftKings Is the Most Oversold It's Ever Been
DraftKings stock upgraded, analysts believe selling overdone
DKNG
Published: October 09, 2025 by: Proactive Investors
Sentiment: Positive

Draftkings Inc (NASDAQ:DKNG) stock is now a ‘Buy' according to the equity research analysts over at Berenberg. They believe the 20% plus sell off in the company's stock over the past 10 days due to the threat of disruption from prediction markets has been overdone.

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image for news DraftKings stock upgraded, analysts believe selling overdone
DraftKings and FanDuel Extend Losing Streak as Prediction Markets Gain Steam
DKNG, FLUT
Published: October 07, 2025 by: Barrons
Sentiment: Negative

DraftKings and FanDuel-parent Flutter have seen their stocks fall more than 20% over the last month, as prediction markets threaten to win their gambling customers.

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image for news DraftKings and FanDuel Extend Losing Streak as Prediction Markets Gain Steam
Kalshi is not having any impact on DraftKings, FanDuel, says Jefferies analyst David Katz
DKNG, FLUT
Published: October 03, 2025 by: CNBC Television
Sentiment: Neutral

CNBC's “The Exchange” team discusses why betting stocks are under pressure with David Katz, gaming, lodging and leisure analyst at Jefferies.

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image for news Kalshi is not having any impact on DraftKings, FanDuel, says Jefferies analyst David Katz
Morgan Stanley says buy into weakness in Flutter and DraftKings after Kalshi enters parlays market
DKNG, FLUT
Published: October 01, 2025 by: Market Watch
Sentiment: Positive

The stock-price sell-off in FanDuel's parent company and DraftKings was too severe, an analyst is arguing on Wednesday.

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image for news Morgan Stanley says buy into weakness in Flutter and DraftKings after Kalshi enters parlays market
2 Stocks Options Traders Can't Get Enough Of
CRWV, DKNG
Published: September 30, 2025 by: Schaeffers Research
Sentiment: Positive

While major indexes are taking a breather today, there are some notable moves from individual equities that have caught options traders' eyes.

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image for news 2 Stocks Options Traders Can't Get Enough Of
DraftKings Inc. (DKNG) is Attracting Investor Attention: Here is What You Should Know
DKNG
Published: September 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
Is DraftKings (DKNG) a Buy as Wall Street Analysts Look Optimistic?
DKNG
Published: September 26, 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?
Football Season Could Massively Benefit This Stock
DKNG
Published: September 16, 2025 by: Zacks Investment Research
Sentiment: Positive

With a fair chunk of the population now glued to TV screens on weekend afternoons, gaming titan DraftKings is looking to hit its stride, with the company regularly seeing surges in gaming and fantasy-related operations throughout the period.

Read More
image for news Football Season Could Massively Benefit This Stock
DraftKings Inc. (DKNG) Is a Trending Stock: Facts to Know Before Betting on It
DKNG
Published: September 16, 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
Brokers Suggest Investing in DraftKings (DKNG): Read This Before Placing a Bet
DKNG
Published: September 10, 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
Sportsbook CEOs expect record betting ahead of NFL kickoff
DKNG, MGM
Published: September 04, 2025 by: CNBC
Sentiment: Positive

DraftKings CEO Jason Robins said the company is seeing record numbers heading into the kickoff to the NFL — sports betting's biggest season. BetMGM CEO Adam Greenblatt told CNBC that last week was the sportsbook's best ever in terms of revenue, with pre-season volume up 30%.

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image for news Sportsbook CEOs expect record betting ahead of NFL kickoff
Americans expected to bet record $30 billion on the 2025 NFL season legally
DKNG
Published: August 29, 2025 by: CNBC
Sentiment: Positive

Americans are expected to bet a record $30 billion on this year's NFL season, according to the American Gaming Association. Sportsbooks FanDuel and DraftKings are getting ready for the biggest opportunity of the year, even as they face growing competition from BetMGM and Caesars.

Read More
image for news Americans expected to bet record $30 billion on the 2025 NFL season legally
DraftKings Inc. (DKNG) Is a Trending Stock: Facts to Know Before Betting on It
DKNG
Published: August 22, 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 a Trending Stock: Facts to Know Before Betting on It
DraftKings Secures Direct Mobile Sports Betting License to Operate in Missouri
DKNG
Published: August 15, 2025 by: GlobeNewsWire
Sentiment: Neutral

BOSTON, Aug. 15, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) announced today that the Missouri Gaming Commission has granted the company a direct mobile sports betting license. This direct mobile sports betting license will enable DraftKings to operate independently across the state of Missouri, without the need for affiliation with a land-based casino or professional sports team. DraftKings' online sportsbook would go live on the universal launch date currently expected for December 1, 2025, contingent on final regulatory approvals.

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image for news DraftKings Secures Direct Mobile Sports Betting License to Operate in Missouri
Are Consumer Discretionary Stocks Lagging DraftKings (DKNG) This Year?
DKNG
Published: August 15, 2025 by: Zacks Investment Research
Sentiment: Negative

Here is how DraftKings (DKNG) and Lincoln Educational Services Corporation (LINC) have performed compared to their sector so far this year.

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image for news Are Consumer Discretionary Stocks Lagging DraftKings (DKNG) This Year?
Wall Street Bulls Look Optimistic About DraftKings (DKNG): Should You Buy?
DKNG
Published: August 15, 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 Wall Street Bulls Look Optimistic About DraftKings (DKNG): Should You Buy?
Investors Heavily Search DraftKings Inc. (DKNG): Here is What You Need to Know
DKNG
Published: August 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.

Read More
image for news Investors Heavily Search DraftKings Inc. (DKNG): Here is What You Need to Know
Baron Discovery Fund Q2 2025: Winners And Setbacks Shaping The Portfolio
CWAN, DKNG, INSP, IRT, KRMN, KTOS, MAC, MEG
Published: August 11, 2025 by: Seeking Alpha
Sentiment: Positive

Kratos Defense, Montrose Environmental, and Karman Holdings drove strong quarterly performance, benefiting from secular tailwinds and robust demand in defense and environmental sectors. We see Kratos and Karman as well positioned for multi-year growth, leveraging investments in hypersonics, missile defense, and space technologies amid rising defense budgets. Montrose Environmental rebounded as regulatory fears eased, organic growth accelerated, and debt reduction improved transparency, supporting our continued conviction in its long-term value.

Read More
image for news Baron Discovery Fund Q2 2025: Winners And Setbacks Shaping The Portfolio
'RECORD-BREAKING': DraftKings CEO touts historic quarter
DKNG
Published: August 10, 2025 by: Fox Business
Sentiment: Positive

DraftKings CEO Jason Robbins joins 'Varney & Co.' to discuss the company's successful second quarter and how they're integrating artificial intelligence.

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image for news 'RECORD-BREAKING': DraftKings CEO touts historic quarter
DraftKings Posts Record Quarter, Eyes Profitability
DKNG
Published: August 08, 2025 by: MarketBeat
Sentiment: Positive

DraftKings Inc. NASDAQ: DKNG reported record revenue and earnings in its second-quarter 2025 earnings report. This was expected, as DKNG stock was up approximately 11% in the month before earnings, and analysts had been raising their price targets.

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image for news DraftKings Posts Record Quarter, Eyes Profitability
DraftKings (DKNG) CEO on Earnings, Expansion & "Entertainment" Business Model
DKNG
Published: August 07, 2025 by: Schwab Network
Sentiment: Positive

Jason Robins, CEO of DraftKings (DKNG), joins Sam Vadas to discuss his company's latest earnings, which included record quarterly revenue. He says management is keeping their sights on the company's long-term prospects.

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image for news DraftKings (DKNG) CEO on Earnings, Expansion & "Entertainment" Business Model

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.