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DKNG Stock Chart & Stats
$22.82
$0.96(2.57%)
At close: 4:00 PM EST
$22.82
$0.96(2.57%)
Day’s Range― - ―
52-Week Range$20.46 - $48.78
Previous CloseN/A
Volume5.15M
Average Volume (3M)13.82M
Market Cap
$22.46B
Enterprise Value$13.98B
Total Cash (Recent Filing)$999.40M
Total Debt (Recent Filing)$1.92B
Price to Earnings (P/E)203.1
Beta1.35
Next Earnings
Jul 31, 2026EPS Estimate
0.13Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.12
Shares Outstanding496,128,800
10 Day Avg. Volume15,182,885
30 Day Avg. Volume13,818,327
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 Cap0.62
Enterprise Value/Revenue2.22
Enterprise Value/Gross Profit5.32
Enterprise Value/Ebitda34.79
Forecast
1Y Price Target
$36.05Price Target Upside57.97% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering26
EPS Forecast (FY)0.23
Revenue Forecast (FY)$6.78B
Bulls Say, Bears Say
Bulls Say
Free Cash Flow GenerationSustained, sizable free cash flow (~$679M TTM) provides durable flexibility to fund growth, product investment, debt paydown, and buybacks without relying on equity raises. Over the next 2–6 months this strengthens the company’s ability to execute strategy and absorb shocks.
Profitability Inflection And Margin GainsA clear shift to positive net income and large EBITDA expansion demonstrates improving unit economics and operating leverage. This durable inflection reduces reliance on financing, supports reinvestment into products, and makes profitability targets more achievable over the medium term.
Predictions Product Early TractionRapid CAC reduction and fast volume growth indicate Predictions can become a scalable, lower‑cost customer channel and revenue stream. Structurally, a successful exchange-like product that increases volume per user diversifies economics beyond sportsbook and iGaming.
Bears Say
Elevated LeverageDebt-to-equity near 2.2x leaves a relatively small equity cushion versus obligations. Over the next several months this limits financial flexibility for opportunistic investments or weathering revenue shocks and raises refinancing and interest‑service risk if trends weaken.
Thin Margins And Limited CushionLow net and EBITDA margins mean small adverse changes in hold, promotional spend or customer economics can quickly erode profits. This structural margin sensitivity constrains free cash flow stability and requires consistent operational execution to sustain gains.
Predictions Investment And Regulatory RiskLarge, potentially recurring Predictions spend will depress near‑term EBITDA and adds execution risk. Separately, faster customer losses and attendant trust/regulatory scrutiny create structural compliance and reputational risks that could increase costs or limit product rollout.
DraftKings News
DKNG FAQ
What was Draftkings Inc’s price range in the past 12 months?
Draftkings Inc lowest stock price was $20.46 and its highest was $48.78 in the past 12 months.
What is Draftkings Inc’s market cap?
Draftkings Inc’s market cap is $22.46B.
When is Draftkings Inc’s upcoming earnings report date?
Draftkings Inc’s upcoming earnings report date is Jul 31, 2026 which is in 29 days.
How were Draftkings Inc’s earnings last quarter?
Draftkings Inc released its earnings results on May 07, 2026. The company reported $0.04 earnings per share for the quarter, beating the consensus estimate of $0.003 by $0.037.
Is Draftkings Inc overvalued?
According to Wall Street analysts Draftkings Inc’s price is currently Undervalued.
Does Draftkings Inc pay dividends?
Draftkings Inc does not currently pay dividends.
What is Draftkings Inc’s EPS estimate?
Draftkings Inc’s EPS estimate is 0.13.
How many shares outstanding does Draftkings Inc have?
Draftkings Inc has 496,128,800 shares outstanding.
What happened to Draftkings Inc’s price movement after its last earnings report?
Draftkings Inc reported an EPS of $0.04 in its last earnings report, beating expectations of $0.003. Following the earnings report the stock price went up 1.19%.
Which hedge fund is a major shareholder of Draftkings Inc?
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
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5
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7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$36.05 (57.97% Upside)
$36.05 (57.97% Upside)
Blogger Sentiment
Bullish
DKNG Sentiment 70%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 27.1M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $880.2K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 0.6%
Last 30 Days ▲ 0.5%
Last 30 Days ▲ 0.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-41.10%
12-Months-Change
Fundamentals
Return on Equity
7.88%
Trailing 12-Months
Asset Growth
-4.61%
Trailing 12-Months
Company Description
Draftkings Inc
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
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a predominantly positive operational and financial picture: strong top‑line growth (17% YoY), outsized adjusted EBITDA improvement (64% YoY), margin expansion, and clear early traction in Predictions (rapid CAC declines and fast volume growth). Management reaffirmed FY guidance and highlighted profitable core momentum (Sportsbook strength, April performance, >$500M adjusted EBITDA over six months). Offsets include a planned $200M–$300M investment in Predictions that depresses near‑term EBITDA, deceleration in iGaming growth, moderated customer growth, and regulatory/consumer‑protection risks tied to Predictions. On balance the highlights and demonstrable profitability gains outweigh the headwinds and planned investments, but the Predictions program introduces execution and regulatory uncertainty that warrants monitoring.View all DKNG earnings summariesDKNG Revenue Breakdown
98.10% U.S.
1.90% International
DKNG Stock 12 Month Forecast
Average Price Target
$36.05
▲(57.97% Upside)
Technical Analysis
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Ownership Overview
2.83% Insiders
27.95% Mutual Funds
21.87% Other Institutional Investors
35.49% Public Companies and Individual Investors