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DraftKings (DKNG)
NASDAQ:DKNG
DKNG Stock Chart & Stats
$34.70
$0.96(2.57%)
At close: 4:00 PM EST
$34.70
$0.96(2.57%)
Day’s Range― - ―
52-Week Range$29.64 - $53.61
Previous CloseN/A
Volume5.15M
Average Volume (3M)16.21M
Market Cap
$29.90B
Enterprise Value$23.35B
Total Cash (Recent Filing)$1.26B
Total Debt (Recent Filing)$1.91B
Price to Earnings (P/E)―
Beta1.75
Next Earnings
Oct 31, 2025EPS Estimate
-0.36Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.30
Shares Outstanding496,470,060
10 Day Avg. Volume18,054,031
30 Day Avg. Volume16,205,690
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market Cap0.78
Enterprise Value/Revenue4.32
Enterprise Value/Gross Profit10.94
Enterprise Value/Ebitda-333.59K
Forecast
1Y Price Target
$52.04Price Target Upside49.97% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering27
Bulls Say, Bears Say
Bulls Say
Licensing And Market PositionDraftKings acquired Railbird Technologies, a federally licensed exchange by the CFTC, providing DKNG with the licenses needed to enter the ramping prediction market space.
Market ExpansionThere is a potential for a massive expansion of the total addressable market as more states may legalize iGaming, creating long-term growth opportunities for DraftKings.
Strategic AcquisitionsThe acquisition of Railbird Technologies represents a strategic turning point, positioning DraftKings to participate in prediction markets, a new growth opportunity in digital gaming.
Bears Say
Competitive PressuresShares of DKNG have declined meaningfully as investors fear that ramping prediction markets like Kalshi/Polymarket will disrupt its online sports betting business.
Profitability And ExpensesQ3 is expected to be challenging for DraftKings, with pressures from weak hold and elevated promotional expenses likely affecting profitability.
Regulatory ChallengesQuestions remain about how existing state regulators where online sports betting is legal will respond to DKNG's planned prediction market launch.
DraftKings News
DKNG FAQ
What was DraftKings’s price range in the past 12 months?
DraftKings lowest stock price was $29.64 and its highest was $53.61 in the past 12 months.
What is DraftKings’s market cap?
DraftKings’s market cap is $29.90B.
When is DraftKings’s upcoming earnings report date?
DraftKings’s upcoming earnings report date is Oct 31, 2025 which is in 7 days.
How were DraftKings’s earnings last quarter?
DraftKings released its earnings results on Aug 06, 2025. The company reported $0.3 earnings per share for the quarter, beating the consensus estimate of $0.151 by $0.149.
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 -0.36.
How many shares outstanding does DraftKings have?
DraftKings has 496,470,060 shares outstanding.
What happened to DraftKings’s price movement after its last earnings report?
DraftKings reported an EPS of $0.3 in its last earnings report, beating expectations of $0.151. Following the earnings report the stock price went down -0.353%.
Which hedge fund is a major shareholder of DraftKings?
Currently, no hedge funds are holding shares in DKNG
DraftKings Stock Smart Score
Underperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$52.04 (49.97% Upside)
$52.04 (49.97% Upside)
Blogger Sentiment
Bullish
DKNG Sentiment 81%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 444.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $5.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 0.6%
Last 30 Days ▲ 4.8%
Last 30 Days ▲ 4.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-7.88%
12-Months-Change
Fundamentals
Return on Equity
-26.38%
Trailing 12-Months
Asset Growth
6.07%
Trailing 12-Months
Company Description
DraftKings
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.
DKNG Company Deck
DKNG Earnings Call
Q2 2025
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlighted significant growth in revenue and adjusted EBITDA, strong performance in the Sportsbook and iGaming segments, and maintained fiscal guidance. However, challenges such as higher tax rates and uncertainties in prediction markets and Illinois present potential headwinds.View all DKNG earnings summariesDKNG Revenue Breakdown
98.10% U.S.
1.90% International
DKNG Stock 12 Month Forecast
Average Price Target
$52.04
▲(49.97% Upside)
Technical Analysis
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Ownership Overview
2.24% Insiders
34.57% Mutual Funds
0.18% Other Institutional Investors
49.69% Public Companies and Individual Investors
Options Prices
Currently, No data available
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