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NASDAQ:DKNG

DraftKings (DKNG) Stock Price, News & Analysis

DraftKings logo
$18.98 -0.77 (-3.89%)
As of 01:49 PM Eastern
This is a fair market value price provided by Massive. Learn more.

About DraftKings Stock (NASDAQ:DKNG)

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Key Stats

Today's Range
$18.90
▼
$19.76
50-Day Range
$18.59
▼
$26.17
52-Week Range
$18.52
▼
$36.98
Volume
6.01 million shs
Average Volume
13.60 million shs
Market Capitalization
$9.43 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$33.95
Consensus Rating
Moderate Buy

Company Overview

DraftKings Inc. is a digital sports entertainment and gaming company that provides online sports betting, daily fantasy sports and internet-based casino gaming. Its products are delivered through mobile applications and websites, allowing customers to wager on professional and collegiate sports, participate in fantasy contests and play a range of casino games where permitted by law.

The company also offers sports and betting-related content through DraftKings Network and operates additional gaming and entertainment products, including online lottery services in select markets. DraftKings serves customers primarily in the United States, with availability determined by individual state regulations, and has expanded its offerings into Ontario, Canada.

DraftKings was founded in 2012 by Jason Robins, Matthew Kalish and Paul Liberman. The company became publicly traded in 2020 through a business combination with Diamond Eagle Acquisition Corp., alongside the acquisition of sportsbook technology provider SBTech. Jason Robins serves as 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™: 

DraftKings scored higher than 85% of companies evaluated by MarketBeat, and ranked 150th out of 480 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 2.76, and is based on 1 strong buy rating, 31 buy ratings, 7 hold ratings, and 2 sell ratings.

  • Upside Potential

    DraftKings has a consensus price target of $33.51, representing about 75.3% upside from its current price of $19.11.

  • Amount of Analyst Coverage

    DraftKings has been the subject of 19 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 202.50% in the coming year, from $0.40 to $1.21 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of DraftKings is -50.30, 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 -50.30, 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 1.98. 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 15.05. 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

    14.40% 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 4.29.
  • Change versus previous month

    Short interest in DraftKings has recently decreased by 0.83%, 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 0.30. 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 0.42 average news sentiment score of Consumer Discretionary companies.
  • News Coverage This Week

    MarketBeat has tracked 37 news articles for DraftKings this week, compared to 10 articles on an average week.
  • Search Interest

    64 people have searched for DKNG on MarketBeat in the last 30 days. This is an increase of 68% compared to the previous 30 days.
  • MarketBeat Follows

    12 people have added DraftKings to their MarketBeat watchlist in the last 30 days. This is an increase of 140% 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

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.
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Best Casino Stocks Worth Watching - October 6th
Why DraftKings (DKNG) Stock Is Up Today
DraftKings logo with a football, helmet, and poker chips displayed in a stadium setting.
DraftKings Falls 7.6%: Is Kalshi's NFL Lead Really That Big?
DraftKings stock fell 7.6% after data showed Kalshi's NFL Week One prediction market share, but adjusted figures and Kalshi's growing legal risk suggest the gap is smaller than headlines indicate.
See More Headlines

DKNG Stock Analysis - Frequently Asked Questions

DraftKings' stock was trading at $34.46 at the beginning of 2026. Since then, DKNG stock has decreased by 44.6% and is now trading at $19.08.

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

DraftKings' top institutional shareholders include CX Institutional. 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
10/07/2026
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
+78.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.76
Research Coverage
41 Analysts

Profitability

EPS (Trailing Twelve Months)
($0.38)
Trailing P/E Ratio
N/A
Forward P/E Ratio
47.62
P/E Growth
1.98
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
1.56
Cash Flow
$0.72 per share
Price / Cash Flow
26.42
Book Value
$1.27 per share
Price / Book
15.00

Miscellaneous

Outstanding Shares
496,450,000
Free Float
262,227,000
Market Cap
$9.46 billion
Optionable
Optionable
Beta
1.61

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This page (NASDAQ:DKNG) was last updated on 10/7/2026 by MarketBeat.com Staff.
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