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NASDAQ:DKNG

DraftKings (DKNG) Stock Price, News & Analysis

DraftKings logo
$24.74 +1.03 (+4.34%)
Closing price 09/11/2026 04:00 PM Eastern
Extended Trading
$24.69 -0.05 (-0.20%)
As of 09/11/2026 07:58 PM 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)

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Key Stats

Today's Range
$23.47
$24.74
50-Day Range
$21.80
$27.17
52-Week Range
$20.46
$45.44
Volume
11.72 million shs
Average Volume
8.61 million shs
Market Capitalization
$12.28 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$34.39
Consensus Rating
Moderate Buy

Company Overview

DraftKings Inc. is a digital sports entertainment and gaming company that operates online sports betting, iGaming and daily fantasy sports platforms. Its products enable customers to place bets on professional and collegiate sports, play online casino games where permitted, and participate in fantasy contests across a range of sports.

The company also offers related services, including retail sportsbooks in select jurisdictions and sports media content through DraftKings Network. Its offerings are available in U.S. states and other jurisdictions where online sports betting, casino gaming or fantasy sports are authorized, as well as in Ontario, Canada, subject to local regulations.

DraftKings was founded in 2012 by Jason Robins, Matt Kalish and Paul Liberman. The company became publicly traded in 2020 through a business combination with Diamond Eagle Acquisition Corp. and has expanded its technology and gaming operations through acquisitions, including SBTech and Golden Nugget Online Gaming. Jason Robins serves as co-founder and chief executive officer.

AI Generated. May Contain Errors.

DraftKings Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
83rd Percentile Overall Score

DKNG MarketRank™: 

DraftKings scored higher than 83% of companies evaluated by MarketBeat, and ranked 169th out of 486 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, 8 hold ratings, and 2 sell ratings.

  • Upside Potential

    DraftKings has a consensus price target of $34.39, representing about 39.0% upside from its current price of $24.74.

  • Amount of Analyst Coverage

    DraftKings has been the subject of 16 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 146.94% in the coming year, from $0.49 to $1.21 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of DraftKings is -65.11, 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 -65.11, 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 1.94. 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 19.48. 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

    14.52% 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 4.14.
  • Change versus previous month

    Short interest in DraftKings has recently decreased by 1.43%, indicating that investor sentiment is improving.
  • 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 0.71. 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 news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.
  • News Coverage This Week

    MarketBeat has tracked 20 news articles for DraftKings this week, compared to 10 articles on an average week.
  • Search Interest

    Only 35 people have searched for DKNG on MarketBeat in the last 30 days. This is a decrease of -39% compared to the previous 30 days.
  • MarketBeat Follows

    11 people have added DraftKings to their MarketBeat watchlist in the last 30 days. This is an increase of 57% 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

a cab driver turned $1,000 into $2 million
A cab driver once turned a $1,000 investment into more than $2 million by spotting an early automation trend before Wall Street caught on. Now a new wave of machine labor begins in November, when the first machine workers clock in for paid shifts. Dylan Jovine of Behind the Markets believes the company behind this shift could turn a $10,000 investment into $74,000 over the next decade.tc pixel
Price Prediction: DKNG Stock Will Hit $50 on This Date
Smartphone displaying the DraftKings logo beside a football, basketball, cash, and a neon Bet Live Now sign.
DraftKings’ Predictions Push Could Be the Bet That Matters Most
DraftKings shares rallied after mixed Q2 2026 results, as an EPS beat and Predictions market expansion offset a revenue miss and shrinking margins.
See More Headlines

DKNG Stock Analysis - Frequently Asked Questions

DraftKings' stock was trading at $34.46 at the beginning of 2026. Since then, DKNG shares have decreased by 28.2% and is now trading at $24.74.

DraftKings Inc. (NASDAQ:DKNG) issued its quarterly earnings data on Friday, August, 7th. The company reported $0.09 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.02 by $0.07. DraftKings's revenue for the quarter was down 4.6% on a year-over-year basis.
Read the conference call transcript
.

DraftKings' top institutional investors include California State Teachers Retirement System (2.60%), Bank of New York Mellon Corp (0.19%), Corient Private Wealth LP (0.05%) and Public Employees Retirement System of Ohio (0.03%). 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 NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Tesla (TSLA), JPMorgan Chase & Co. (JPM), Salesforce (CRM).

Company Calendar

Last Earnings
8/07/2026
Today
9/12/2026
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
+39.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.73
Research Coverage
41 Analysts

Profitability

EPS (Trailing Twelve Months)
($0.38)
Trailing P/E Ratio
N/A
Forward P/E Ratio
50.49
P/E Growth
1.94
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
$6.22 billion
Price / Sales
1.97
Cash Flow
$0.77 per share
Price / Cash Flow
31.96
Book Value
$1.27 per share
Price / Book
19.48

Miscellaneous

Outstanding Shares
496,454,000
Free Float
262,227,000
Market Cap
$12.28 billion
Optionable
Optionable
Beta
1.63

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This page (NASDAQ:DKNG) was last updated on 9/12/2026 by MarketBeat.com Staff.
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