Want to see DKNG full AI Analyst Report?
DKNG Stock Chart & Stats
$25.79
$1.03(4.48%)
At close: 4:00 PM EDT
$25.79
$1.03(4.48%)
Day’s Range― - ―
52-Week Range$18.35 - $36.98
Previous CloseN/A
Volume1.56M
Average Volume (3M)14.04M
Market Cap
$17.58B
Enterprise Value$13.45B
Total Cash (Recent Filing)$983.88M
Total Debt (Recent Filing)$1.92B
Price to Earnings (P/E)―
Beta1.32
Next Earnings
Oct 30, 2026EPS Estimate
-0.37Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.34
Shares Outstanding496,454,040
10 Day Avg. Volume14,309,241
30 Day Avg. Volume14,042,221
Financial Highlights & Ratios
PEG Ratio34.79
Price to Book (P/B)20.25
Price to Sales (P/S)2.11
P/FCF Ratio19.74
Enterprise Value/Market Cap0.77
Enterprise Value/Revenue2.16
Enterprise Value/Gross Profit5.33
Enterprise Value/Ebitda82.37
Forecast
1Y Price Target
$32.89Price Target Upside27.54% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering23
EPS Forecast (FY)0.12
Revenue Forecast (FY)$6.68B
Bulls Say, Bears Say
Bulls Say
Strong Cash GenerationThe shift to strongly positive operating and free cash flow in 2024 through TTM provides meaningful internal funding capacity. This supports investment in products, customer growth and infrastructure while reducing reliance on external capital, although sustaining the improvement remains important.
Improving Customer EconomicsFaster customer acquisition combined with better-than-expected CAC and higher revenue per customer indicates improving marketing efficiency and monetization. These trends can strengthen lifetime value and support scalable growth across DraftKings’ regulated digital gaming platforms.
Product Expansion And Predictions AdoptionRapid Predictions adoption broadens DraftKings’ digital wagering offering and creates an additional engagement channel alongside Sportsbook and iGaming. The company’s exchange launch and expanding market coverage could improve product differentiation and long-term customer lifetime value.
Bears Say
Elevated Balance-Sheet LeverageDebt exceeding three times equity leaves DraftKings more sensitive to earnings volatility and reduces financial flexibility. A highly leveraged capital structure may constrain investment choices, increase pressure during weaker operating periods, and make consistent cash generation especially important.
Inconsistent Bottom-Line ProfitabilityDespite substantial multi-year revenue growth and improved gross margins, DraftKings has not yet demonstrated consistently durable profitability. The return to a net loss and negative operating profit suggests that growth, investment and operating costs continue to offset revenue scale.
Predictions Investment And Regulatory UncertaintyThe large planned Predictions investment can weigh on near-term earnings and cash conversion before the product reaches its targeted scale. Regulatory questions also create uncertainty over rollout timing, market access and how quickly DraftKings can capture the platform’s potential.
DraftKings News
DKNG FAQ
What was DraftKings’s price range in the past 12 months?
DraftKings lowest stock price was $18.35 and its highest was $36.98 in the past 12 months.
What is DraftKings’s market cap?
DraftKings’s market cap is $17.58B.
When is DraftKings’s upcoming earnings report date?
DraftKings’s upcoming earnings report date is Oct 30, 2026 which is in 10 days.
How were DraftKings’s earnings last quarter?
DraftKings released its earnings results on Aug 06, 2026. The company reported -$0.14 earnings per share for the quarter, missing the consensus estimate of $0.022 by -$0.162.
Is DraftKings overvalued?
According to Wall Street analysts DraftKings’s price is currently Undervalued.
Does DraftKings pay dividends?
DraftKings does not currently pay dividends.
What is DraftKings’s EPS estimate?
DraftKings’s EPS estimate is -0.37.
How many shares outstanding does DraftKings have?
DraftKings has 496,454,040 shares outstanding.
What happened to DraftKings’s price movement after its last earnings report?
DraftKings reported an EPS of -$0.14 in its last earnings report, missing expectations of $0.022. Following the earnings report the stock price went up 8.39%.
Which hedge fund is a major shareholder of DraftKings?
Currently, no hedge funds are holding shares in DKNG
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
DraftKings Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$32.89 (27.54% Upside)
$32.89 (27.54% Upside)
Blogger Sentiment
Neutral
DKNG Sentiment 58%
Sector Average 61%
Sector Average 61%
Hedge Fund Trend
Decreased
By 224.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 0.5%
Last 30 Days ▲ 1.7%
Last 30 Days ▲ 1.7%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-42.02%
12-Months-Change
Fundamentals
Return on Equity
-26.30%
Trailing 12-Months
Asset Growth
-4.40%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
DraftKings
DraftKings Inc. operates as a leading digital enterprise specializing in sports entertainment and gaming. The company provides sophisticated multi-channel sports betting and gaming technology solutions to operators across 17 countries, facilitating diverse entertainment experiences. Directly, DraftKings manages its own iGaming services under the DraftKings brand in five U.S. states, and separately operates Golden Nugget Online Gaming, another iGaming offering, in three states. Its Sportsbook platform is accessible for both mobile and physical wagers in 18 U.S. states, all in compliance with local regulations. Beyond traditional betting, DraftKings offers its daily fantasy sports product globally in six countries, spanning 15 different sports disciplines. Further diversifying its portfolio, the company has established DraftKings Marketplace, a user-friendly digital collectibles platform featuring curated NFT releases and supporting secondary trading. It also possesses Vegas Sports Information Network (VSiN), a multi-platform content and broadcasting entity. Established in 2011, DraftKings Inc. maintains its headquarters in Boston, Massachusetts.
DKNG Company Deck
DKNG Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized strong top-line and operational momentum: robust customer acquisition (nearly +75% YoY), efficient CAC (~25% better than expected), double-digit improvements in customer monetization (trailing 12-month net revenue per user +14% YoY), Sportsbook handle growth (+11% YoY) and rapid Predictions adoption (600k+ engaged, volume ~5x Apr–Jul). Management reiterated fiscal 2026 revenue and adjusted EBITDA guidance while outlining an incremental $200M–$300M investment in Predictions and continued cost discipline (adjusted G&A -6% YoY). Key challenges include a roughly $80M Q2 revenue headwind from customer-friendly sport outcomes, near-term profitability pressure from higher acquisition and material investment in Predictions, regulatory uncertainty around Predictions ramp, and some prior iGaming underperformance. On balance, the highlights — strong growth, improving unit economics, successful product launches (DKeX, combos), and scalable vertical integration — materially outweigh the near-term lowlights and volatility described.View all DKNG earnings summariesDKNG Revenue Breakdown
98.10% U.S.
1.90% International
DKNG Stock 12 Month Forecast
Average Price Target
$32.89
▲(27.54% Upside)
Technical Analysis
MGM Resorts
―
PENN Entertainment
―
Caesars Entertainment
―
Rush Street Interactive
―
Super Group (SGHC)
―
Ownership Overview
2.76% Insiders
27.93% Mutual Funds
0.69% Other Institutional Investors
57.17% Public Companies and Individual Investors