DRAFTKINGS INC-CL A
DKNGNASDAQTrading Snapshot
- Day Range
- $25.00 – $25.52
- 52-Week Range
- $20.46 – $48.78
- Volume
- $2.49B
- Avg Volume
- $2.15B
- Shares Outstanding
- 496.1M
- Next Earnings
- Oct 18, 2026
Fundamentals Snapshot
- Annual Revenue
- $6.05B
- Last Q Revenue
- $1.44B
- P/E Ratio
- —
- P/S Ratio
- 1.9x
- EPS (TTM)
- $-0.34
- Dividend Yield
- —
Why Investors Own DKNG
- ✓High-growth profile — revenue up +57.1% YoY with expanding US Equity exposure.
- ✓Healthy economics — 72% gross margin and 9% free-cash-flow margin.
- ✓New products and segments could unlock additional revenue streams.
Execution delays, intensifying competition, and valuation compression if growth decelerates.
Financial Trends
About DRAFTKINGS INC-CL A
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.
Otter Score Breakdown
ⓘAnalyst Ratings
ⓘLatest News & Updates
'Kalshi Tops $4B In Annualized Revenue as it Seeks $40B Valuation'- The Information
https://www.theinformation.com/articles/kalshi-tops-4-billion-annualized-revenue-seeks-40-billion-valuation
Citigroup Maintains Buy on DraftKings, Raises Price Target to $32
Citigroup analyst James Hardiman maintains DraftKings (NASDAQ:DKNG) with a Buy and raises the price target from $30 to $32.
Flutter Entertainment shares are trading lower after Barclays lowered its price target on the stock from $225 to $175. Also, Citigroup downgraded the stock from Buy to Sell.
JP Morgan Maintains Overweight on DraftKings, Lowers Price Target to $33
JP Morgan analyst Daniel Politzer maintains DraftKings (NASDAQ:DKNG) with a Overweight and lowers the price target from $34 to $33.
DraftKings: Despite Prediction Markets, This Company Is Facing Revenue Declines
DraftKings stock faces prediction-market threats from Polymarket, Kalshi, and Robinhood as revenue/EBITDA slides and shares fall. Learn more.
EXCLUSIVE: DraftKings Is Validating Kalshi's Market While Trying to Take It, Says Investor With Stakes in Both
Investor Joel Shulman says DraftKings is validating Kalshi’s prediction market while trying to compete with it after a revenue miss and earnings call focus on event contracts.