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DraftKings NasdaqGS:DKNG Stock Report

Last Price

US$40.85

Market Cap

US$19.6b

7D

-3.2%

1Y

100.1%

Updated

24 Apr, 2024

Data

Company Financials +

DKNG Stock Overview

DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally.

DKNG fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance0/6
Financial Health4/6
Dividends0/6

DraftKings Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for DraftKings
Historical stock prices
Current Share PriceUS$40.85
52 Week HighUS$49.57
52 Week LowUS$20.26
Beta1.85
1 Month Change-13.67%
3 Month Change5.58%
1 Year Change100.15%
3 Year Change-31.56%
5 Year Changen/a
Change since IPO316.84%

Recent News & Updates

DraftKings: Good Growth Prospects, But Overvalued

Apr 19

Recent updates

DraftKings: Good Growth Prospects, But Overvalued

Apr 19

DraftKings (NASDAQ:DKNG) Has Debt But No Earnings; Should You Worry?

Mar 18
DraftKings (NASDAQ:DKNG) Has Debt But No Earnings; Should You Worry?

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

DraftKings (NASDAQ:DKNG) Is Carrying A Fair Bit Of Debt

Nov 30
DraftKings (NASDAQ:DKNG) Is Carrying A Fair Bit Of Debt

DraftKings Inc. (NASDAQ:DKNG) Shares Could Be 48% Below Their Intrinsic Value Estimate

Sep 17
DraftKings Inc. (NASDAQ:DKNG) Shares Could Be 48% Below Their Intrinsic Value Estimate

DraftKings (NASDAQ:DKNG) Is Making Moderate Use Of Debt

Aug 19
DraftKings (NASDAQ:DKNG) Is Making Moderate Use Of Debt

Is DraftKings Inc. (NASDAQ:DKNG) Trading At A 44% Discount?

Jun 18
Is DraftKings Inc. (NASDAQ:DKNG) Trading At A 44% Discount?

Health Check: How Prudently Does DraftKings (NASDAQ:DKNG) Use Debt?

May 05
Health Check: How Prudently Does DraftKings (NASDAQ:DKNG) Use Debt?

Is It Time To Consider Buying DraftKings Inc. (NASDAQ:DKNG)?

Apr 14
Is It Time To Consider Buying DraftKings Inc. (NASDAQ:DKNG)?

DraftKings Inc.'s (NASDAQ:DKNG) Intrinsic Value Is Potentially 87% Above Its Share Price

Feb 23
DraftKings Inc.'s (NASDAQ:DKNG) Intrinsic Value Is Potentially 87% Above Its Share Price

Is DraftKings (NASDAQ:DKNG) Using Too Much Debt?

Jan 01
Is DraftKings (NASDAQ:DKNG) Using Too Much Debt?

DraftKings jumps 8% after report of a partnership with ESPN, Action Network reports

Oct 07

DraftKings: I Want To Love The Stock After The 74.64% Fall, But I Just Can't

Sep 07

DraftKings to launch online sportsbook in Kansas tomorrow

Aug 31

DraftKings: Upside Move Blinks Caution Light, Not Fool's Gold Or 24k, Hold

Aug 12

DraftKings Bottom Is Likely In, But Long-Term Prospects Remain Cloudy

Aug 04

DraftKings: Rescue From Excessive Promo Spend May Be On The Way

Jul 26

DraftKings: The Market Has Been Quietly Buying

Jul 16

DraftKings: No Takers Taking A Run At The Stock Tells A Story

Jun 24

Has DraftKings' Stock Price Bottomed Out Or Will It Keep Dropping?

Jun 15

Shareholder Returns

DKNGUS HospitalityUS Market
7D-3.2%1.4%1.2%
1Y100.1%24.4%24.9%

Return vs Industry: DKNG exceeded the US Hospitality industry which returned 24.4% over the past year.

Return vs Market: DKNG exceeded the US Market which returned 24.9% over the past year.

Price Volatility

Is DKNG's price volatile compared to industry and market?
DKNG volatility
DKNG Average Weekly Movement5.8%
Hospitality Industry Average Movement5.8%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

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

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

About the Company

FoundedEmployeesCEOWebsite
n/a4,400Jason 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 and casino, daily fantasy sports, media, and other consumer products, as well as retails sportsbooks. The company also engages in the design and development of sports betting and casino gaming software for online and retail sportsbooks, and iGaming operators.

DraftKings Inc. Fundamentals Summary

How do DraftKings's earnings and revenue compare to its market cap?
DKNG fundamental statistics
Market capUS$19.60b
Earnings (TTM)-US$802.14m
Revenue (TTM)US$3.67b

5.3x

P/S Ratio

-24.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DKNG income statement (TTM)
RevenueUS$3.67b
Cost of RevenueUS$2.29b
Gross ProfitUS$1.37b
Other ExpensesUS$2.18b
Earnings-US$802.14m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 02, 2024

Earnings per share (EPS)-1.69
Gross Margin37.46%
Net Profit Margin-21.88%
Debt/Equity Ratio149.2%

How did DKNG perform over the long term?

See historical performance and comparison
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