DraftKings/DKNG

$44.22

-3.14%
-
1D1W1MYTD1YMAX

About DraftKings

DraftKings Inc. is a digital sports entertainment and gaming company. The Company provides users with online sports betting (Sportsbook), online casino (iGaming) and daily fantasy sports (DFS) product offerings, as well as retail sportsbook, media and other consumer product offerings. Sportsbook is live with mobile and/or retail sports betting operations pursuant to regulations in 24 states and in Ontario, Canada. Its iGaming product offerings typically include the full suite of games available in land-based casinos, such as blackjack, roulette, baccarat and slot machines. DFS product offering facilitates peer-to-peer play, whereby contestants compete against each other for prize money. The Company also offers non-fungible tokens (NFTs) on DraftKings Marketplace (Marketplace), NFT-based DFS-style contests, gaming software services, and advertising and sponsorship packages to targeted advertisers across its DFS product offering, free games, and media content.

Ticker

DKNG

Sector

Consumer Cyclicals

Trading on

NASDAQ

Industry

Recreational Activities

CEO

Jason Robins

Employees

4,400

Headquarters

Boston, United States

DraftKings Metrics

BasicAdvanced
$21.61B
Market cap
-
P/E ratio
-$1.74
EPS
1.85
Beta
-
Dividend rate
$21.61B
1.85468
$49.57
$18.63
12.03M
1.337
149.203
149.203
-20.07%
-74.17%
-30.89%
5.897
46.814
63.6%
45.14%
81.35%

What the Analysts think about DraftKings

Analyst Ratings

Majority rating from 35 analysts.
Buy

Price Targets

Average projection from 32 analysts.
11.8% upside
High $60.00
Low $28.00
$44.22
Current price
$49.44
Average price target

DraftKings Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-3.62% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$1.23B
55.82%
Net income
$-44.6M
-84.25%
Profit margin
-3.62%
-89.9%

DraftKings Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 222.34%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
-$0.87
-$0.17
-$0.61
-$0.10
-
Expected
-$0.89
-$0.25
-$0.69
$0.08
-$0.28
Surprise
-1.91%
-31.34%
-11.97%
-222.34%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for DraftKings stock?

DraftKings (DKNG) has a market cap of $21.61B as of April 14, 2024.

What is the P/E ratio for DraftKings stock?

The price to earnings (P/E) ratio for DraftKings (DKNG) stock is 0 as of April 14, 2024.

Does DraftKings stock pay dividends?

No, DraftKings (DKNG) stock does not pay dividends to its shareholders as of April 14, 2024.

When is the next DraftKings dividend payment date?

DraftKings (DKNG) stock does not pay dividends to its shareholders.

What is the beta indicator for DraftKings?

DraftKings (DKNG) has a beta rating of 1.85. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the DraftKings stock price target?

The target price for DraftKings (DKNG) stock is $49.44, which is 11.8% above the current price of $44.22. This is an average based on projections from 32 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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