Is DraftKings Inc. (DKNG) a Buy, Sell, or Hold?
DraftKings Inc.
NASDAQ:DKNG
$25.21 USD
-$1.24 (-4.69%)
- Volume
- 12.37M
- Average Volume
- 12.34M
- Market Capitalization
- $12.51B
- P/E Ratio
- 204.63
- Dividend Yield
- 0.00%
- Price Target
- $35.00
- Year High
- $48.78
- Year Low
- $20.46
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $1.02
Industry, Sector & symbol
| Stock Exchange | NASDAQ |
| CEO | Jason D. Robins |
| Industry | Gambling, Resorts & Casinos |
| Sector | Consumer Cyclical |
| Current Symbol | DKNG |
| CUSIP | 26142V105 |
| CIK | 0001883685 |
| Web | https://www.draftkings.com |
| Phone | 617 986 6744 |
| Currency | USD |
| Employees | 5500 |
| Country | US |
Liquidity
| Debt-to-Equity Ratio | 3.17 |
| Payout Ratio | 0.00 |
| Current Ratio | 1.02 |
| Quick Ratio | 1.02 |
| Cash Ratio | 0.65 |
Sales & Book Value
| Annual Sales | $6.05B |
| Price / Sales | 1.99 |
| Cash Flow | 1.39 |
| Price / Cash Flow | 18.43 |
| Price / Book | 20.30 |
Price Target and Rating
| Average Stock Price Forecast | $35.00 |
| High Stock Price Forecast | $49.00 |
| Low Stock Price Forecast | $26.40 |
| Forecast Upside/Downside | -27.97% |
| Consensus Rating | Sell |
| Rating Score(0-5) | 2 |
| Research Coverage | 48 Analysts |
Profitability
| EPS (Most Recent Fiscal Year) | $-0.0081 |
| Trailing P/E Ratio | 204.63 |
| PEG Ratio | 0.07 |
| P/E Growth | 0.07 |
| Net Income | $3.71M |
| Net Margin | 0.93% |
| Pretax Margin | 1.19% |
| Return on Equity | 7.88% |
| Return on Assets | 1.36% |
Financials Score
| AltmanZ Score | 1.61 |
| Piotroski Score | 8.00 |
| Working Capital | 29.3M |
| Total Assets | 4.31B |
| Ebit | 124.68M |
| Market Cap | 13.12B |
| Total Liabilities | 3.7B |
Poll Results
About DraftKings Inc. (NASDAQ:DKNG) Stock
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.
TRWD Announces Beacon Market Research Coverage With Positive Rating
2026-07-14 07:30:00
NEW YORK--(BUSINESS WIRE)---- $DKNG #ARCEntertainmentGroup--Beacon Market Research initiates TRWD coverage with a Positive rating and a $67M–$88M near-term enterprise value target.
DraftKings Inc. (DKNG) Is a Trending Stock: Facts to Know Before Betting on It
2026-07-13 10:01:30
Zacks.com users have recently been watching DraftKings (DKNG) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Michael Burry Just Made Big Bets on Sports-Betting Stocks—Why the Odds Are On His Side
2026-07-13 09:31:15
At first, I was a bit skeptical of the barrage of bearish bets placed by Dr. Michael Burry, the man made famous by The Big Short film.
TRWD Establishes Financial Services Division to Target Multimillion-Dollar Market
2026-07-13 08:00:00
NEW YORK--(BUSINESS WIRE)---- $DKNG #ARCEntertainmentGroup--TRWD targets Multi Million Dollar adult payment processing, POS services and venue technology industry.
Why "Big Short" Investor Michael Burry Sees Upside in Beaten-Down Sportbook Stocks
2026-07-12 08:15:38
Investor Michael Burry made hundreds of millions of dollars as the Great Financial Crisis unfolded by shorting subprime mortgages. This would lead to his eventual portrayal in the film “The Big Short," positioning him as a famed investor.
Gaming and Leisure Properties: Buy The Dip On This High Yield
2026-07-10 07:30:12
Gaming and Leisure Properties is upgraded to 'Strong Buy' due to discounted valuation and robust income growth prospects. GLPI trades at 10.5x forward P/FFO with a 7.6% yield, well below its historical average, offering attractive entry for income-focused investors. A $1.8 billion investment pipeline and contractual rent escalators provide clear visibility into AFFO growth through 2027.
DraftKings (DKNG) Stock Drops Despite Market Gains: Important Facts to Note
2026-07-09 18:51:16
DraftKings (DKNG) reached $26.29 at the closing of the latest trading day, reflecting a -3.24% change compared to its last close.
DraftKings Set to Launch Online Sportsbook and Casino in Alberta on July 13
2026-07-09 07:30:00
BOSTON--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) today announced plans to launch its top-rated online sportsbook and casino, along with its Golden Nugget Online Gaming brand, in Alberta on July 13. Alberta will become the second Canadian province and the 34th jurisdiction across North America where DraftKings Sportsbook is available. With the launch, DraftKings Casino will be available in five U.S. states and Golden Nugget Online Gaming casino in four U.S. states, with both brands availa.
Frequently Asked Questions
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What is the current DraftKings Inc. (DKNG) stock price?
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DraftKings Inc.(NASDAQ:DKNG) stock price is $25.21 in the last trading session. During the trading session, DKNG stock reached the peak price of $48.78 while $20.46 was the lowest point it dropped to. The percentage change in DKNG stock occurred in the recent session was --4.69% while the dollar amount for the price change in DKNG stock was -$-1.24.
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DKNG's industry and sector of operation?
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The NASDAQ listed DKNG is part of Gambling, Resorts & Casinos industry that operates in the broader Consumer Cyclical sector.
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Who are the executives of DKNG?
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Alan Ellingson | CFO, Principal Financial Officer & Principal Accounting Officer
Jason D. Robins | Co-Founder, Chairman & Chief Executive Officer
Paul Liberman | Co-Founder, President of Operations and Director
R. Stanton Dodge | Chief Legal Officer & Secretary
Michael DeLalio | Senior Director of Investor Relations -
How many employees does DKNG have?
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Number of DKNG employees currently stands at 5500. DKNG operates from 222 Berkeley Street, Boston, MA 02116, US.
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Link for DKNG official website?
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Official Website of DKNG is: https://www.draftkings.com
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How do I contact DKNG?
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DKNG could be contacted at phone #617 986 6744 and can also be accessed through its website. DKNG operates from 222 Berkeley Street, Boston, MA 02116, US.
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How many shares of DKNG are traded daily?
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The average number of DKNG shares traded daily for last 3 months was 12.34M.
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What is the market cap of DKNG currently?
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The market value of DKNG currently stands at $12.51B with its latest stock price at $25.21