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DKNG

DraftKings NasdaqGS:DKNG Stock Report

Last Price

US$35.90

Market Cap

US$16.5b

7D

-7.9%

1Y

157.2%

Updated

08 Dec, 2023

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$35.90
52 Week HighUS$39.35
52 Week LowUS$10.69
Beta1.91
1 Month Change3.13%
3 Month Change12.72%
1 Year Change157.16%
3 Year Change-28.33%
5 Year Changen/a
Change since IPO266.33%

Recent News & Updates

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

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

Recent updates

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

DraftKings: This Is A Smart Bet

May 18

DraftKings: The Stock Is Cheap, Decision Time Is Here

Apr 18

DraftKings: A Sell As High Expenses Aren't Coming Down

Mar 27

DraftKings - A 27% Annualized Return With Massive Downside Protection

Mar 10

DraftKings: Q4 Earnings, Still A Tough Bet

Feb 21

DraftKings: On The Move, But Drive Slowly, There Are Potholes Ahead

Feb 14

Shareholder Returns

DKNGUS HospitalityUS Market
7D-7.9%0.4%0.2%
1Y157.2%22.4%15.9%

Return vs Industry: DKNG exceeded the US Hospitality industry which returned 22.4% over the past year.

Return vs Market: DKNG exceeded the US Market which returned 15.9% over the past year.

Price Volatility

Is DKNG's price volatile compared to industry and market?
DKNG volatility
DKNG Average Weekly Movement7.7%
Hospitality Industry Average Movement6.3%
Market Average Movement6.1%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.9%

Stable Share Price: DKNG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: DKNG's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a4,200Jason Robinshttps://www.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$16.51b
Earnings (TTM)-US$1.00b
Revenue (TTM)US$3.29b

5.1x

P/S Ratio

-16.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
DKNG income statement (TTM)
RevenueUS$3.29b
Cost of RevenueUS$2.06b
Gross ProfitUS$1.23b
Other ExpensesUS$2.23b
Earnings-US$1.00b

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-2.15
Gross Margin37.35%
Net Profit Margin-30.40%
Debt/Equity Ratio156.4%

How did DKNG perform over the long term?

See historical performance and comparison