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DraftKings (DKNG) Competitors

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$48.08 +0.28 (+0.59%)
As of 02:43 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

DKNG vs. CZR, PENN, ROKU, WYNN, FUBO, MGM, TKO, WMG, PLNT, and LTH

Should you be buying DraftKings stock or one of its competitors? The main competitors of DraftKings include Caesars Entertainment (CZR), PENN Entertainment (PENN), Roku (ROKU), Wynn Resorts (WYNN), fuboTV (FUBO), MGM Resorts International (MGM), TKO Group (TKO), Warner Music Group (WMG), Planet Fitness (PLNT), and Life Time Group (LTH). These companies are all part of the "consumer discretionary" sector.

DraftKings vs. Its Competitors

DraftKings (NASDAQ:DKNG) and Caesars Entertainment (NASDAQ:CZR) are both consumer discretionary companies, but which is the superior investment? We will compare the two businesses based on the strength of their media sentiment, valuation, earnings, profitability, dividends, risk, analyst recommendations and institutional ownership.

DraftKings has a beta of 1.7, meaning that its stock price is 70% more volatile than the S&P 500. Comparatively, Caesars Entertainment has a beta of 2.4, meaning that its stock price is 140% more volatile than the S&P 500.

In the previous week, DraftKings had 17 more articles in the media than Caesars Entertainment. MarketBeat recorded 31 mentions for DraftKings and 14 mentions for Caesars Entertainment. Caesars Entertainment's average media sentiment score of 1.61 beat DraftKings' score of 1.10 indicating that Caesars Entertainment is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
DraftKings
19 Very Positive mention(s)
2 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Caesars Entertainment
11 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

DraftKings presently has a consensus target price of $54.50, indicating a potential upside of 13.35%. Caesars Entertainment has a consensus target price of $42.47, indicating a potential upside of 57.96%. Given Caesars Entertainment's higher probable upside, analysts plainly believe Caesars Entertainment is more favorable than DraftKings.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
DraftKings
0 Sell rating(s)
2 Hold rating(s)
25 Buy rating(s)
0 Strong Buy rating(s)
2.93
Caesars Entertainment
0 Sell rating(s)
4 Hold rating(s)
12 Buy rating(s)
1 Strong Buy rating(s)
2.82

Caesars Entertainment has higher revenue and earnings than DraftKings. DraftKings is trading at a lower price-to-earnings ratio than Caesars Entertainment, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
DraftKings$4.77B8.97-$507.29M-$0.65-73.97
Caesars Entertainment$11.25B0.50-$278M-$0.92-29.22

Caesars Entertainment has a net margin of -1.71% compared to DraftKings' net margin of -5.63%. Caesars Entertainment's return on equity of -4.55% beat DraftKings' return on equity.

Company Net Margins Return on Equity Return on Assets
DraftKings-5.63% -30.06% -6.80%
Caesars Entertainment -1.71%-4.55%-0.60%

37.7% of DraftKings shares are held by institutional investors. Comparatively, 91.8% of Caesars Entertainment shares are held by institutional investors. 51.2% of DraftKings shares are held by insiders. Comparatively, 1.0% of Caesars Entertainment shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Summary

Caesars Entertainment beats DraftKings on 11 of the 17 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding DKNG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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DKNG vs. The Competition

MetricDraftKingsGAMING IndustryDiscretionary SectorNASDAQ Exchange
Market Cap$42.82B$9.74B$8.59B$9.84B
Dividend YieldN/A2.06%3.06%4.02%
P/E Ratio-74.0520.8917.8926.62
Price / Sales8.9719.635.26120.07
Price / CashN/A20.5216.9759.36
Price / Book42.1811.764.796.72
Net Income-$507.29M$18.31M$227.38M$265.68M
7 Day Performance4.32%2.06%3.31%3.42%
1 Month Performance8.59%-4.50%13.71%1.08%
1 Year Performance39.98%15.84%51.35%23.86%

DraftKings Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
DKNG
DraftKings
4.0532 of 5 stars
$48.08
+0.6%
$54.50
+13.3%
+35.3%$42.78B$4.77B-73.995,100Positive News
Insider Trade
CZR
Caesars Entertainment
4.1691 of 5 stars
$25.02
-0.8%
$42.47
+69.7%
-28.7%$5.20B$11.37B-27.1722,000Positive News
PENN
PENN Entertainment
3.6343 of 5 stars
$19.12
+2.4%
$23.25
+21.6%
+3.3%$2.79B$6.75B-34.0823,118
ROKU
Roku
2.6062 of 5 stars
$90.82
+2.7%
$98.96
+9.0%
+37.9%$13.40B$4.11B-216.593,340Analyst Forecast
Insider Trade
WYNN
Wynn Resorts
3.6884 of 5 stars
$111.59
+0.1%
$118.64
+6.3%
+59.9%$11.59B$7.13B33.4828,000Analyst Upgrade
Options Volume
FUBO
fuboTV
2.7674 of 5 stars
$3.39
+0.9%
$4.63
+36.5%
+89.7%$1.16B$1.62B13.02510
MGM
MGM Resorts International
4.4214 of 5 stars
$36.41
+0.3%
$48.72
+33.8%
+4.6%$9.91B$17.24B20.0063,000Positive News
Analyst Forecast
TKO
TKO Group
3.0128 of 5 stars
$183.94
+0.7%
$189.69
+3.1%
+57.4%$36.50B$2.97B76.071,300Positive News
WMG
Warner Music Group
2.891 of 5 stars
$32.56
+0.4%
$33.88
+4.1%
+16.6%$16.99B$6.43B57.195,800Positive News
PLNT
Planet Fitness
3.9297 of 5 stars
$107.06
-0.5%
$107.38
+0.3%
+29.4%$9.02B$1.18B47.603,806Positive News
LTH
Life Time Group
3.6318 of 5 stars
$28.48
+1.5%
$35.92
+26.1%
+14.5%$6.26B$2.62B27.8843,800Positive News

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This page (NASDAQ:DKNG) was last updated on 8/28/2025 by MarketBeat.com Staff
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