S&P 500   4,567.00
DOW   34,483.72
QQQ   393.82
S&P 500   4,567.00
DOW   34,483.72
QQQ   393.82
S&P 500   4,567.00
DOW   34,483.72
QQQ   393.82
S&P 500   4,567.00
DOW   34,483.72
QQQ   393.82

DraftKings Stock Forecast, Price & News

$34.55
-0.65 (-1.85%)
(As of 11/30/2021 04:00 PM ET)
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Today's Range
$33.33
$35.27
50-Day Range
$34.55
$52.63
52-Week Range
$33.33
$74.38
Volume
15.82 million shs
Average Volume
14.90 million shs
Market Capitalization
$14.04 billion
P/E Ratio
N/A
Dividend Yield
N/A
Beta
1.93
30 days | 90 days | 365 days | Advanced Chart
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DraftKings logo

About DraftKings

DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States. It operates through two segments, Business-to-Consumer and Business-to-Business. The company provides users with daily sports, sports betting, and iGaming opportunities. It is also involved in the design, development, and licensing of sports betting and casino gaming platform software for online and retail sportsbook, and casino gaming products. The company distributes its product offerings through various channels, including traditional websites and direct app downloads, as well as direct-to-consumer digital platforms, such as the Apple App store and the Google Play store. DraftKings Inc. was founded in 2011 and is headquartered in Boston, Massachusetts.

Headlines

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Industry, Sector and Symbol

Industry
Miscellaneous amusement & recreation services
Sub-Industry
N/A
Current Symbol
NASDAQ:DKNG
Fax
N/A
Employees
2,600
Year Founded
2012

Sales & Book Value

Annual Sales
$614.53 million
Book Value
$6.72 per share

Profitability

Net Income
$-1.23 billion
Net Margins
-127.81%
Pretax Margin
-125.61%

Debt

Price-To-Earnings

Miscellaneous

Free Float
154,452,000
Market Cap
$14.04 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/05/2021
Today
12/01/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/25/2022

Social Links


MarketRank

Overall MarketRank

2.99 out of 5 stars

Consumer Discretionary Sector

21st out of 388 stocks

Miscellaneous Amusement & Recreation Services Industry

1st out of 22 stocks

Analyst Opinion: 4.3Community Rank: 5.0Dividend Strength: 0.0Insider Behavior: 5.0Valuation: 0.6 5 -4 -3 -2 -1 -












DraftKings (NASDAQ:DKNG) Frequently Asked Questions

Is DraftKings a buy right now?

27 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for DraftKings in the last twelve months. There are currently 1 sell rating, 8 hold ratings and 18 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" DraftKings stock.
View analyst ratings for DraftKings
or view top-rated stocks.

When is DraftKings' next earnings date?

DraftKings is scheduled to release its next quarterly earnings announcement on Friday, February 25th 2022.
View our earnings forecast for DraftKings
.

How were DraftKings' earnings last quarter?

DraftKings Inc. (NASDAQ:DKNG) posted its quarterly earnings results on Friday, November, 5th. The company reported ($1.35) EPS for the quarter, missing the Zacks' consensus estimate of ($1.11) by $0.24. DraftKings had a negative net margin of 127.81% and a negative trailing twelve-month return on equity of 65.15%. During the same period in the previous year, the firm posted ($0.98) EPS.
View DraftKings' earnings history
.

What guidance has DraftKings issued on next quarter's earnings?

DraftKings issued an update on its FY 2021 earnings guidance on Friday, November, 26th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.24 billion-$1.28 billion, compared to the consensus revenue estimate of $1.29 billion.

What price target have analysts set for DKNG?

27 brokers have issued 1 year price targets for DraftKings' shares. Their forecasts range from $34.00 to $85.00. On average, they anticipate DraftKings' share price to reach $65.27 in the next year. This suggests a possible upside of 88.9% from the stock's current price.
View analysts' price targets for DraftKings
or view top-rated stocks among Wall Street analysts.

Who are DraftKings' key executives?

DraftKings' management team includes the following people:

What is Jason Robins' approval rating as DraftKings' CEO?

102 employees have rated DraftKings CEO Jason Robins on Glassdoor.com. Jason Robins has an approval rating of 99% among DraftKings' employees. This puts Jason Robins in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of DraftKings own?

Based on aggregate information from My MarketBeat watchlists, some companies that other DraftKings investors own include NVIDIA (NVDA), Tesla (TSLA), Advanced Micro Devices (AMD), Zoom Video Communications (ZM), Square (SQ), DocuSign (DOCU), Boeing (BA), Alibaba Group (BABA), PayPal (PYPL) and Walt Disney (DIS).

What is DraftKings' stock symbol?

DraftKings trades on the NASDAQ under the ticker symbol "DKNG."

Who are DraftKings' major shareholders?

DraftKings' stock is owned by many different retail and institutional investors. Top institutional investors include Wellington Management Group LLP (3.76%), BlackRock Inc. (3.52%), Capital Research Global Investors (2.86%), Raine Capital LLC (2.76%), Sumitomo Mitsui Trust Holdings Inc. (2.62%) and Nikko Asset Management Americas Inc. (2.42%). Company insiders that own DraftKings stock include Gary W Rollins, Hany M Nada, Harry Sloan, Jason Park, Jason Robins, John S Salter, Matthew Kalish, Paul Liberman, Paul Liberman, R Stanton Dodge, Shalom Meckenzie, Steven Joseph Murray and Woodrow Levin.
View institutional ownership trends for DraftKings
.

Which institutional investors are selling DraftKings stock?

DKNG stock was sold by a variety of institutional investors in the last quarter, including Raine Capital LLC, Atlas Venture Advisors Inc., DAVENPORT & Co LLC, Coastal Bridge Advisors LLC, Capital World Investors, Putnam Investments LLC, Millennium Management LLC, and IMC Chicago LLC. Company insiders that have sold DraftKings company stock in the last year include Gary W Rollins, Hany M Nada, Jason Park, Jason Robins, John S Salter, Matthew Kalish, Paul Liberman, R Stanton Dodge, and Shalom Meckenzie.
View insider buying and selling activity for DraftKings
or view top insider-selling stocks.

Which institutional investors are buying DraftKings stock?

DKNG stock was bought by a variety of institutional investors in the last quarter, including Two Sigma Advisers LP, Sumitomo Mitsui Trust Holdings Inc., Nikko Asset Management Americas Inc., Two Sigma Investments LP, Lord Abbett & CO. LLC, PEAK6 Investments LLC, Morgan Stanley, and Citadel Advisors LLC. Company insiders that have bought DraftKings stock in the last two years include Harry Sloan, and Woodrow Levin.
View insider buying and selling activity for DraftKings
or or view top insider-buying stocks.

How do I buy shares of DraftKings?

Shares of DKNG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is DraftKings' stock price today?

One share of DKNG stock can currently be purchased for approximately $34.55.

How much money does DraftKings make?

DraftKings has a market capitalization of $14.04 billion and generates $614.53 million in revenue each year. The company earns $-1.23 billion in net income (profit) each year or ($3.67) on an earnings per share basis.

How many employees does DraftKings have?

DraftKings employs 2,600 workers across the globe.

When was DraftKings founded?

DraftKings was founded in 2012.

What is DraftKings' official website?

The official website for DraftKings is www.draftkings.com.

Where are DraftKings' headquarters?

How can I contact DraftKings?

DraftKings' mailing address is 2121 AVENUE OF THE STARS SUITE 2300, LOS ANGELES CA, 90067. The company can be reached via phone at 617-986-6744 or via email at [email protected].


This page was last updated on 12/1/2021 by MarketBeat.com Staff

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