DraftKings Inc. (DKNG)
| Market Cap | 21.33B |
| Revenue (ttm) | 5.41B |
| Net Income (ttm) | -304.47M |
| Shares Out | 496.47M |
| EPS (ttm) | -0.62 |
| PE Ratio | n/a |
| Forward PE | 54.04 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,000,318 |
| Open | 43.21 |
| Previous Close | 43.10 |
| Day's Range | 42.71 - 43.49 |
| 52-Week Range | 29.29 - 53.61 |
| Beta | 1.70 |
| Analysts | Strong Buy |
| Price Target | 55.08 (+28.21%) |
| Earnings Date | Aug 6, 2025 |
About DKNG
DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally. It provides online sports betting, daily fantasy sports, media, digital lottery courier, media, and other products, as well as retails sportsbooks. The company also offers iGaming, or online casino products, which includes blackjack, roulette, baccarat and slot machines. In addition, the company also engages in the design and development of sports betting and casino gaming software for online and retail sportsbooks, and iGamin... [Read more]
Financial Performance
In 2024, DraftKings's revenue was $4.77 billion, an increase of 30.07% compared to the previous year's $3.67 billion. Losses were -$507.29 million, -36.76% less than in 2023.
Financial StatementsAnalyst Forecast
According to 24 analysts, the average rating for DKNG stock is "Strong Buy." The 12-month stock price target is $55.08, which is an increase of 28.21% from the latest price.
News
Baron Discovery Fund Q2 2025: Winners And Setbacks Shaping The Portfolio
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'RECORD-BREAKING': DraftKings CEO touts historic quarter
DraftKings CEO Jason Robbins joins 'Varney & Co.' to discuss the company's successful second quarter and how they're integrating artificial intelligence.
DraftKings Inc. (DKNG) Q2 2025 Earnings Call Transcript
DraftKings Inc. (NASDAQ:DKNG) Q2 2025 Earnings Conference Call August 7, 2025 8:30 AM ET Company Participants Alan Ellingson - Chief Financial Officer Jason D. Robins - Co-Founder, Chairman & CEO Mic...
DraftKings Leans on AI for Efficiency, CEO Says
DraftKings CEO Jason Robins says the betting company is leaning on artificial intelligence to boost efficiency. Robins discusses the company's earnings and outlook with Caroline Hyde on “Bloomberg Tec...
DraftKings (DKNG) CEO on Earnings, Expansion & "Entertainment" Business Model
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 l...
DraftKings Ups Monetization With Mobile-First Personalization
In a perfect world, profitability and innovation go hand-in-hand. For DraftKings, which is currently live in 25 U.S. states and Washington, D.C.
DraftKings Q2: Not As Strong As Financials Suggest
DraftKings Inc. reported very strong growth in Q2, sending the stock up. Underlying indicators don't signal such strength. Growth in betting handles and active users has slowed down, while favorable s...
DraftKings CEO Jason Robins goes one-on-one with Jim Cramer
DraftKings Chairman, Co-Founder and CEO Jason Robins joins 'Mad Money' host Jim Cramer to talk quarterly results, the state of the gaming industry, the regulatory environment, and more.
Sports betting is heavily regulated compared to other activities, says DraftKings CEO Robins
DraftKings Chairman, Co-Founder and CEO Jason Robins joins 'Mad Money' host Jim Cramer to talk quarterly results, the state of the gaming industry, the regulatory environment, and more.
DraftKings' profit doubles expectations as people are betting — and losing — more
The sports-betting company's stock jumped after a big profit beat, as users bet a lot more than they did last year — and also lost more.
DraftKings Reports Second Quarter Revenue Growth of 37% to $1,513 Million
Sets Company Records for Revenue, Net Income, and Adjusted EBITDA Maintains 2025 Revenue and Adjusted EBITDA Guidance Ranges
REX Shares Launches Two New T-REX 2X Single-Stock ETFs on BULL and DKNG
MIAMI--(BUSINESS WIRE)--REX Shares is pleased to announce the launch of two new leveraged ETFs: the T-REX 2X Long BULL Daily Target ETF (CBOE: BULU) and the T-REX 2X Long DKNG Daily Target ETF (CBOE: ...
Defiance Launches DKNX: 2X Leveraged ETF on DraftKings (DKNG)
MIAMI, July 31, 2025 (GLOBE NEWSWIRE) -- Defiance ETFs, a leader in thematic and leveraged exchange-traded funds, today announced the launch of an innovative ETF: The Defiance Daily Target 2X Long DKN...
DraftKings: High-Reward Gaming Bet - Prediction Prospects Appear Compelling
DKNG's lowered FY2025 guidance has been similarly observed in its direct peer, FLUT, thanks to the "adverse March Madness sports results." With it remaining to be seen how Q2'25 and H2'25 may develop,...
DraftKings to Release Second Quarter 2025 Results on August 6, 2025 and Host Conference Call on August 7, 2025
BOSTON, July 22, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (the “Company” or “DraftKings”) today announced that it will release its second quarter 2025 results after the close of market ...
DraftKings Makes Royal Debut in Online Sports Betting and iGaming Industry, While Bluesky Receives Highest Social Media Score Ever, ACSI Data Show
ANN ARBOR, Mich.--(BUSINESS WIRE)-- #ACSI--Customer satisfaction among video streaming services slips, while social media and subscription TV are stable, according to the ACSI.
Rivian Unseats Lucid, DraftKings Ousts Plug Power In Russell 1000 Shake-Up
Each year, FTSE Russell recalibrates its U.S. indexes to ensure they accurately represent the evolving market. The Russell 1000 Index, comprising the largest 1,000 U.S. companies by market cap, saw so...
Tesla, MicroStrategy, and 5 More Stocks to Bet Against Heading Into Earnings
Tariff troubles may be making a comeback. It's the kind of backdrop that almost demands investors start taking profits.
YieldMax® Introduces Option Income Strategy ETF on DraftKings, Inc. (DKNG)
CHICAGO and MILWAUKEE and NEW YORK, July 15, 2025 (GLOBE NEWSWIRE) -- YieldMax® announced the launch today of the following ETF: YieldMax® DKNG Option Income Strategy ETF (NYSE Arca: DRAY) DRAY seeks ...
Trade Tracker: Kevin Simpson buys DraftKings
Kevin Simpson, founder and CEO at Capital Wealth Planning, joins CNBC's "Halftime Report" to detail his latest buy.
Jim Cramer talks a change to gambling income taxation and how it could impact the betting space
'Mad Money' host Jim Cramer talks recent taxation changes coming out for gambling income and how they could hurt gambling stocks like DraftKings.
Gambling income tax change is 'brutal', says Jim Cramer
'Mad Money' host Jim Cramer talks recent taxation changes coming out for gambling income and how they could hurt gambling stocks like DraftKings.
US Sportsbook Leaders Flutter And DraftKings Post Double-Digit Growth Guidance
Flutter and DraftKings dominate the US sports betting and iGaming markets, holding a combined 66.1% market share and benefiting from economies of scale. The US sports betting market is still far from ...
DraftKings Launches “My Budget Builder” to Enhance Its Responsible Gaming Tools and Resources
Players can use this new tool to help them manage their play across DraftKings products, reflecting the ongoing efforts of DraftKings to promote Responsible Gaming Players can use this new tool to hel...
Danny Moses turns bearish on DraftKings
'Fast Money' guest trader Danny Moses talks why he is bearish on gaming and sports betting stocks like DraftKings now.