DKNG Stock Overview
Operates as a digital sports entertainment and gaming company in the United States and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Community Narratives
Create a narrativeNarratives bring a range of perspectives from our community.
DraftKings Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$40.35 |
| 52 Week High | US$49.57 |
| 52 Week Low | US$28.69 |
| Beta | 1.86 |
| 1 Month Change | -6.36% |
| 3 Month Change | 1.82% |
| 1 Year Change | 12.96% |
| 3 Year Change | 37.06% |
| 5 Year Change | 277.81% |
| Change since IPO | 311.73% |
Recent News & Updates
DraftKings: Odds Are In Investor's Favor
Dec 16DraftKings Inc.'s (NASDAQ:DKNG) Share Price Matching Investor Opinion
Nov 18
Recent updates
DraftKings: Odds Are In Investor's Favor
Dec 16DraftKings Inc.'s (NASDAQ:DKNG) Share Price Matching Investor Opinion
Nov 18DraftKings: Haunted By The Ghost Of Reignmakers
Nov 09Is DraftKings (NASDAQ:DKNG) A Risky Investment?
Oct 10DraftKings: Losing Share To FanDuel And Extremely Overvalued (Rating Downgrade)
Oct 06DraftKings: Great Upside With Limited Downside
Sep 25The House Always Wins: Why DraftKings Could Be Your Best Bet
Sep 03DraftKings: Fairly Valued, But Lottery Acquisition And Declining CAC Point To Huge Wins
Aug 06DraftKings Inc. (NASDAQ:DKNG) Not Lagging Industry On Growth Or Pricing
Jul 30DraftKings: State And League Tax And Fee Greed Do Not Challenge FCF Performance
Jul 11DraftKings: A Bet On Growth And Potential Profitability In The Expanding Sports Betting Market
Jul 04DraftKings: The Odds Are Against You At The Current Valuation
Jun 25DraftKings: Tailwinds On All Sides
May 23DraftKings Inc.'s (NASDAQ:DKNG) Price In Tune With Revenues
Apr 30DraftKings: Good Growth Prospects, But Overvalued
Apr 19DraftKings (NASDAQ:DKNG) Has Debt But No Earnings; Should You Worry?
Mar 18DraftKings: More Fuel For The Rally
Mar 18DraftKings: Time For A Big Bet
Feb 26DraftKings: Q4 Results Support A Strong Long-Term Success Story
Feb 16DraftKings: Striving For Profitability, But Is It Enough? (Downgrade)
Jan 30DraftKings: The Long Term Opportunity Is Vast
Jan 23Shareholder Returns
| DKNG | US Hospitality | US Market | |
|---|---|---|---|
| 7D | 1.2% | -1.5% | -2.4% |
| 1Y | 13.0% | 25.6% | 23.4% |
Return vs Industry: DKNG underperformed the US Hospitality industry which returned 25.6% over the past year.
Return vs Market: DKNG underperformed the US Market which returned 23.4% over the past year.
Price Volatility
| DKNG volatility | |
|---|---|
| DKNG Average Weekly Movement | 5.6% |
| Hospitality Industry Average Movement | 5.7% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2012 | 4,400 | Jason Robins | 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
| DKNG fundamental statistics | |
|---|---|
| Market cap | US$19.68b |
| Earnings (TTM) | -US$417.05m |
| Revenue (TTM) | US$4.61b |
4.3x
P/S Ratio-47.2x
P/E RatioIs DKNG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| DKNG income statement (TTM) | |
|---|---|
| Revenue | US$4.61b |
| Cost of Revenue | US$2.83b |
| Gross Profit | US$1.77b |
| Other Expenses | US$2.19b |
| Earnings | -US$417.05m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.86 |
| Gross Margin | 38.50% |
| Net Profit Margin | -9.06% |
| Debt/Equity Ratio | 116.7% |
How did DKNG perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:32 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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 here.
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 .
Analyst Sources
DraftKings Inc. is covered by 52 analysts. 34 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Pierre-Marie D'Ornano | Arete Research Services LLP |
| Brandt Montour | Barclays |
| Michael Hickey | Benchmark Company |