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DraftKings Inc.NasdaqGS:DKNG Stock Report

Market Cap US$21.3b
Share Price
US$42.88
My Fair Value
AN
AnalystHighTarget
US$68
37.0% undervalued intrinsic discount
1Y41.3%
7D-1.9%
Portfolio Value
View

DraftKings Inc.

NasdaqGS:DKNG Stock Report

Market Cap: US$21.3b

DraftKings (DKNG) Stock Overview

Operates as a digital sports entertainment and gaming company in the United States and internationally. More details

DKNG fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance0/6
Financial Health3/6
Dividends0/6

DKNG Community Fair Values

Create Narrative

See what 119 others think this stock is worth. Follow their fair value or set your own to get alerts.

US$68.01
FV
37.0% undervalued intrinsic discount
23.90%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
3users have followed this narrative
1 day ago author updated this narrative
US$53.59
FV
20.0% undervalued intrinsic discount
22.27%
Revenue growth p.a.
4users have liked this narrative
0users have commented on this narrative
76users have followed this narrative
3 days ago author updated this narrative
US$38.32
FV
11.9% overvalued intrinsic discount
20.04%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
10 days ago author updated this narrative

DraftKings Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for DraftKings
Historical stock prices
Current Share PriceUS$42.88
52 Week HighUS$53.61
52 Week LowUS$29.29
Beta1.7
1 Month Change-0.23%
3 Month Change13.05%
1 Year Change41.33%
3 Year Change107.45%
5 Year Change26.45%
Change since IPO337.55%

Recent News & Updates

DraftKings Q2: Not As Strong As Financials Suggest

Aug 07

Recent updates

DraftKings Q2: Not As Strong As Financials Suggest

Aug 07

Why We're Not Concerned About DraftKings Inc.'s (NASDAQ:DKNG) Share Price

Jul 04
Why We're Not Concerned About DraftKings Inc.'s (NASDAQ:DKNG) Share Price

Here's Why DraftKings (NASDAQ:DKNG) Can Afford Some Debt

May 27
Here's Why DraftKings (NASDAQ:DKNG) Can Afford Some Debt

DraftKings: I Am Finally Upgrading My Investment Outlook To Bullish, Here's Why

Apr 28

DraftKings: A Baby Thrown Out With The Tariff Bathwater

Apr 20

What You Can Learn From DraftKings Inc.'s (NASDAQ:DKNG) P/S After Its 27% Share Price Crash

Apr 05
What You Can Learn From DraftKings Inc.'s (NASDAQ:DKNG) P/S After Its 27% Share Price Crash

DraftKings: Excellent 2025 Momentum At An Attractive Valuation

Mar 28

DraftKings: A Pivotal 2025, Real Profits Ahead (Rating Upgrade)

Mar 18

DraftKings: Incredible Customer Acquisition, Terrible Price (Rating Upgrade)

Feb 16

DraftKings: Narrow Moat At An Unreasonable Price

Jan 16

Does DraftKings (NASDAQ:DKNG) Have A Healthy Balance Sheet?

Jan 11
Does DraftKings (NASDAQ:DKNG) Have A Healthy Balance Sheet?

DraftKings: Odds Are In Investor's Favor

Dec 16

DraftKings Inc.'s (NASDAQ:DKNG) Share Price Matching Investor Opinion

Nov 18
DraftKings Inc.'s (NASDAQ:DKNG) Share Price Matching Investor Opinion

DraftKings: Haunted By The Ghost Of Reignmakers

Nov 09

Is DraftKings (NASDAQ:DKNG) A Risky Investment?

Oct 10
Is DraftKings (NASDAQ:DKNG) A Risky Investment?

DraftKings: Losing Share To FanDuel And Extremely Overvalued (Rating Downgrade)

Oct 06

DraftKings: Great Upside With Limited Downside

Sep 25

The House Always Wins: Why DraftKings Could Be Your Best Bet

Sep 03

DraftKings: Fairly Valued, But Lottery Acquisition And Declining CAC Point To Huge Wins

Aug 06

DraftKings: State And League Tax And Fee Greed Do Not Challenge FCF Performance

Jul 11

DraftKings: A Bet On Growth And Potential Profitability In The Expanding Sports Betting Market

Jul 04

DraftKings: The Odds Are Against You At The Current Valuation

Jun 25

DraftKings: Tailwinds On All Sides

May 23

DraftKings: Good Growth Prospects, But Overvalued

Apr 19

DraftKings: More Fuel For The Rally

Mar 18

DraftKings: Time For A Big Bet

Feb 26

DraftKings: Q4 Results Support A Strong Long-Term Success Story

Feb 16

DraftKings: Striving For Profitability, But Is It Enough? (Downgrade)

Jan 30

DraftKings: The Long Term Opportunity Is Vast

Jan 23

Shareholder Returns

DKNGUS HospitalityUS Market
7D-1.9%-1.6%2.4%
1Y41.3%29.0%20.2%

Return vs Industry: DKNG exceeded the US Hospitality industry which returned 29% over the past year.

Return vs Market: DKNG exceeded the US Market which returned 20.2% over the past year.

Price Volatility

Is DKNG's price volatile compared to industry and market?
DKNG volatility
DKNG Average Weekly Movement5.6%
Hospitality Industry Average Movement6.3%
Market Average Movement6.5%
10% most volatile stocks in US Market17.6%
10% least volatile stocks in US Market3.1%

Stable Share Price: DKNG has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: DKNG's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a5,100Jason Robinswww.draftkings.com

DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally. It provides online sports betting, daily fantasy sports, media, digital lottery courier, media, and other products, as well as retails sportsbooks. The company also offers iGaming, or online casino products, which includes blackjack, roulette, baccarat and slot machines.

DraftKings Inc. Fundamentals Summary

How do DraftKings's earnings and revenue compare to its market cap?
DKNG fundamental statistics
Market capUS$21.27b
Earnings (TTM)-US$304.47m
Revenue (TTM)US$5.41b
3.9x
P/S Ratio
-69.9x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DKNG income statement (TTM)
RevenueUS$5.41b
Cost of RevenueUS$3.28b
Gross ProfitUS$2.13b
Other ExpensesUS$2.44b
Earnings-US$304.47m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)-0.61
Gross Margin39.45%
Net Profit Margin-5.63%
Debt/Equity Ratio181.9%

How did DKNG perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/10 02:25
End of Day Share Price 2025/08/08 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

DraftKings Inc. is covered by 51 analysts. 32 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Pierre-Marie D'OrnanoArete Research Services LLP
Brandt MontourBarclays
Michael HickeyBenchmark Company