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DraftKings Inc. Stock Price

NasdaqGS:DKNG Community·US$11.3b Market Cap
  • 4 Narratives written by author
  • 1 Comments on narratives written by author
  • 253 Fair Values set on narratives written by author

DKNG Share Price Performance

US$23.01
-21.85 (-48.71%)
US$20.97
Fair Value
US$23.01
-21.85 (-48.71%)
9.7% overvalued intrinsic discount
US$20.97
Fair Value
Price US$23.01
CentryResearch US$20.97
AnalystConsensusTarget US$34.71
AnalystLowTarget US$18.00

DKNG Community Narratives

Fair Value
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Fair Value US$20.97 9.7% overvalued intrinsic discount

DraftKings: Priced for Pessimism, But Are the Risks Fully Priced In?

0users have liked this narrative
0users have commented on this narrative
2users have followed this narrative
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Fair Value US$34.71 33.7% undervalued intrinsic discount

DKNG: Emerging Sports Prediction Markets Will Drive Sector Competition Over Coming Quarters

5users have liked this narrative
0users have commented on this narrative
89users have followed this narrative
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Fair Value US$18 27.8% overvalued intrinsic discount

Mounting Regulations And Stiff Competition Will Restrict iGaming Prospects

0users have liked this narrative
1users have commented on this narrative
4users have followed this narrative
US$18
27.8% overvalued intrinsic discount
Revenue
9.45% p.a.
Profit Margin
7.25%
Future PE
19.11x
Price in 2029
US$23.09
US$34.71
33.7% undervalued intrinsic discount
Revenue
13.03% p.a.
Profit Margin
10.05%
Future PE
24.17x
Price in 2029
US$44.58

Trending Discussion

No trending discussion available.

Updated Narratives

DKNG logo

DraftKings: Priced for Pessimism, But Are the Risks Fully Priced In?

Fair Value: US$20.97 9.7% overvalued intrinsic discount
2 users have set this as their fair value
0 users have commented on this narrative
0 users have liked this narrative
DKNG logo

DKNG: Prediction Market Regulation Will Constrain Margins And Future Share Returns

Fair Value: US$18 27.8% overvalued intrinsic discount
4 users have set this as their fair value
1 users have commented on this narrative
0 users have liked this narrative
DKNG logo

DKNG: Prediction Market Expansion Will Support Nationwide Super App Ambitions

Fair Value: US$34.71 33.7% undervalued intrinsic discount
89 users have set this as their fair value
0 users have commented on this narrative
0 users have liked this narrative

Snowflake Analysis

Reasonable growth potential and fair value.

3 Risks
3 Rewards

DraftKings Inc. Key Details

US$6.3b

Revenue

US$1.5b

Cost of Revenue

US$4.8b

Gross Profit

US$4.8b

Other Expenses

US$58.6m

Earnings

Last Reported Earnings
Mar 31, 2026
Next Reporting Earnings
Aug 06, 2026
0.12
76.70%
0.93%
303.3%
View Full Analysis

About DKNG

Founded
2011
Employees
5500
CEO
Jason Robins
WebsiteView website
www.draftkings.com

DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally. The company offers online and retail sports betting, daily fantasy sports, digital lottery couriers, prediction markets, and other products, as well as retails sportsbooks. It also provides iGaming, or online casino products, which includes blackjack, roulette, baccarat and slot machines. In addition, the company engages in the design and development of sports betting and casino gaming software for online and retail sportsbooks, and iGaming operators. DraftKings Inc. was founded in 2011 and is headquartered in Boston, Massachusetts.

Recent DKNG News & Updates

Narrative Update Jul 23

DKNG: Prediction Market Regulation Will Constrain Margins And Future Share Returns

DraftKings' analyst fair value estimate is nudged lower to $18 from $20 as analysts refresh models for mixed near term digital gaming trends, slightly adjust discount rate and profitability assumptions, and temper future P/E expectations despite ongoing interest in the company's prediction markets push. Analyst Commentary Recent research on DraftKings shows a split view, with some firms raising price targets on optimism around prediction markets and core sports betting, while others scale back expectations or turn more cautious on execution and growth.
New Narrative Jul 21

DraftKings: Priced for Pessimism, But Are the Risks Fully Priced In?

The legalization of online sports betting created one of the fastest-growing industries in consumer discretionary. DraftKings emerged as one of its biggest winners, rapidly expanding their customer base as more states embraced regulated wagering.
Seeking Alpha Jul 16

DraftKings: A 40% Selloff Runs Contrary To The 64% Adjusted EBITDA Increase

Summary DraftKings (DKNG) is transitioning from a waiting game to approaching consistent profitability, as evidenced by strong Q1 2026 results. Q1 2026 revenue grew 17% YoY, while EBITDA surged 64% YoY, highlighting significant operating leverage. DKNG now benefits from multiple growth drivers: improved sportsbook margins, iGaming expansion, prediction markets, and higher revenue per customer. Despite a 4% decline in monthly unique players, DKNG is extracting more value per user and diversifying its revenue streams. Read the full article on Seeking Alpha

Recent updates

No updates