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NASDAQ:DKNG

DraftKings (DKNG) Stock Price, News & Analysis

DraftKings logo
$21.22 +0.31 (+1.48%)
Closing price 10/26/2026 04:00 PM Eastern
Extended Trading
$21.18 -0.04 (-0.21%)
As of 07:19 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About DraftKings Stock (NASDAQ:DKNG)

Advanced

Key Stats

Today's Range
$20.67
▼
$21.28
50-Day Range
$18.59
▼
$26.17
52-Week Range
$18.35
▼
$36.98
Volume
12.24 million shs
Average Volume
14.40 million shs
Market Capitalization
$10.53 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$32.98
Consensus Rating
Moderate Buy

Company Overview

DraftKings Inc. is a digital sports entertainment and gaming company that operates online and mobile platforms for sports betting, casino gaming and daily fantasy sports. Its offerings include the DraftKings Sportsbook, DraftKings Casino and daily fantasy contests covering a range of professional and collegiate sports.

The company also provides related entertainment and media content through DraftKings Network, along with free-to-play games, promotions and other interactive products designed to complement its sports and gaming platforms. DraftKings serves customers primarily in the United States and Canada, subject to applicable laws and the availability of licenses in individual jurisdictions.

DraftKings was founded in 2012 by Jason Robins, Matt Kalish and Paul Liberman. The company is headquartered in Boston, Massachusetts, and Jason Robins serves as its co-founder and chief executive officer.

AI Generated. May Contain Errors.

DraftKings Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
85th Percentile Overall Score

DKNG MarketRank™: 
4.235904082955 of 5 stars

DraftKings scored higher than 85% of companies evaluated by MarketBeat, and ranked 141st out of 479 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    DraftKings has received a consensus rating of Moderate Buy. The company's average rating score is 2.73, and is based on 1 strong buy rating, 30 buy ratings, 6 hold ratings, and 3 sell ratings.

  • Upside Potential

    DraftKings has a consensus price target of $32.98, representing about 55.4% upside from its current price of $21.22.

  • Amount of Analyst Coverage

    DraftKings has been the subject of 21 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about DraftKings' stock forecast and price target.
  • Earnings Growth

    Earnings for DraftKings are expected to grow by 236.11% in the coming year, from $0.36 to $1.21 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of DraftKings is -55.84, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of DraftKings is -55.84, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Growth Ratio

    DraftKings has a PEG Ratio of 2.36. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    DraftKings has a P/B Ratio of 16.71. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about DraftKings' valuation and earnings.
  • Percentage of Shares Shorted

    15.05% of the float of DraftKings has been sold short.
  • Short Interest Ratio / Days to Cover

    DraftKings has a short interest ratio ("days to cover") of 2.82, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in DraftKings has recently increased by 3.68%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    DraftKings does not currently pay a dividend.

  • Dividend Growth

    DraftKings does not have a long track record of dividend growth.

  • News Sentiment

    DraftKings has a news sentiment score of 0.29. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.46 average news sentiment score of Consumer Discretionary companies.
  • News Coverage This Week

    MarketBeat has tracked 22 news articles for DraftKings this week, compared to 9 articles on an average week.
  • Search Interest

    50 people have searched for DKNG on MarketBeat in the last 30 days. This is an increase of 16% compared to the previous 30 days.
  • MarketBeat Follows

    14 people have added DraftKings to their MarketBeat watchlist in the last 30 days. This is an increase of 250% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, DraftKings insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $258,754.00 in company stock.

  • Percentage Held by Insiders

    47.18% of the stock of DraftKings is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    37.70% of the stock of DraftKings is held by institutions.

  • Read more about DraftKings' insider trading history.
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DKNG Stock News Headlines

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DraftKings (DKNG) Laps the Stock Market: Here's Why
DraftKings (DKNG) Stock Could Be Cheap With Shares Down 56%
A home office desk with a laptop displaying a Daily Market Pulse financial report, beside a coffee mug and notebook.
MarketBeat Week in Review – 10/05 - 10/09 (DKNG)
A weekly roundup of MarketBeat analysis covering earnings, AI-driven stocks, insider trading, and analyst calls on Nike, Nvidia, Amazon, Apple, Tesla, Meta, and more.
DraftKings logo displayed with a football, basketball, and poker chips on a dark sportsbook-themed background.
DraftKings Stacks the Deck: The $800M Prediction Pivot
DraftKings launched its CFTC-regulated DKeX prediction market exchange, targeting up to $800 million in revenue by 2027 as the stock trades near 52-week lows amid sportsbook revenue decline.
Illustration of three glowing digital panels displaying upward-trending candlestick stock charts in blue and green tones.
Wall Street Is Betting These 3 Beaten-Down Stocks Have More Room to Run (DKNG)
Analysts at Bank of America, Citigroup and Barclays upgraded DraftKings, Harley-Davidson, and Estee Lauder with higher price targets ahead of Q3 earnings reports due in early November.
See More Headlines

DKNG Stock Analysis - Frequently Asked Questions

DraftKings' stock was trading at $34.46 at the start of the year. Since then, DKNG stock has decreased by 38.4% and is now trading at $21.22.

DraftKings Inc. (NASDAQ:DKNG) released its quarterly earnings results on Friday, August, 7th. The company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.07. The firm's revenue for the quarter was down 4.6% compared to the same quarter last year.
Read the conference call transcript
.

Top institutional shareholders of DraftKings include Morangie Management LLC (0.05%), Secure Asset Management LLC (0.04%), Zevenbergen Capital Investments LLC (0.02%) and Englebert Financial Advisers LLC (0.01%). Insiders that own company stock include Matthew Kalish, Jason Robins, R Stanton Dodge, Harry Sloan, Jason Park, Paul Liberman, Alan Wayne Ellingson, Erik Bradbury, Woodrow Levin, Gregory Westin Wendt, Jocelyn Moore and Ryan R Moore.
View institutional ownership trends
.

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

Based on aggregate information from My MarketBeat watchlists, some other companies that DraftKings investors own include Tesla (TSLA), NVIDIA (NVDA), Advanced Micro Devices (AMD), Palantir Technologies (PLTR), NIO (NIO), PayPal (PYPL) and Block (XYZ).

Company Calendar

Last Earnings
8/07/2026
Today
10/27/2026
Next Earnings (Estimated)
11/05/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Hotels, Restaurants & Leisure
Sub-Industry
Casinos & Gaming
Current Symbol
NASDAQ:DKNG
CIK
1883685
Fax
N/A
Employees
5,500
Year Founded
2012

Price Target and Rating

High Price Target
$50.00
Low Price Target
$20.00
Potential Upside/Downside
+55.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.73
Research Coverage
40 Analysts

Profitability

EPS (Trailing Twelve Months)
($0.38)
Trailing P/E Ratio
N/A
Forward P/E Ratio
58.94
P/E Growth
2.36
Net Income
$3.71 million
Net Margins
-2.68%
Pretax Margin
-2.73%
Return on Equity
-11.26%
Return on Assets
-1.61%

Debt

Debt-to-Equity Ratio
3.22
Current Ratio
1.02
Quick Ratio
1.02

Sales & Book Value

Annual Sales
$6.05 billion
Price / Sales
1.74
Cash Flow
$0.75 per share
Price / Cash Flow
28.19
Book Value
$1.27 per share
Price / Book
16.71

Miscellaneous

Outstanding Shares
496,450,000
Free Float
262,227,000
Market Cap
$10.53 billion
Optionable
Optionable
Beta
1.61

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This page (NASDAQ:DKNG) was last updated on 10/26/2026 by MarketBeat.com Staff.
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