DraftKings Future Growth
Future criteria checks 5/6
DraftKings is forecast to grow earnings and revenue by 58.5% and 15.2% per annum respectively. EPS is expected to grow by 58.9% per annum. Return on equity is forecast to be 73.3% in 3 years.
Key information
58.5%
Earnings growth rate
58.9%
EPS growth rate
Hospitality earnings growth | 21.5% |
Revenue growth rate | 15.2% |
Future return on equity | 73.3% |
Analyst coverage | Good |
Last updated | 25 Jun 2024 |
Recent future growth updates
Recent updates
DraftKings: 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 23DraftKings (NASDAQ:DKNG) Is Carrying A Fair Bit Of Debt
Nov 30DraftKings Inc. (NASDAQ:DKNG) Shares Could Be 48% Below Their Intrinsic Value Estimate
Sep 17DraftKings (NASDAQ:DKNG) Is Making Moderate Use Of Debt
Aug 19Is DraftKings Inc. (NASDAQ:DKNG) Trading At A 44% Discount?
Jun 18Health Check: How Prudently Does DraftKings (NASDAQ:DKNG) Use Debt?
May 05Is It Time To Consider Buying DraftKings Inc. (NASDAQ:DKNG)?
Apr 14DraftKings Inc.'s (NASDAQ:DKNG) Intrinsic Value Is Potentially 87% Above Its Share Price
Feb 23Is DraftKings (NASDAQ:DKNG) Using Too Much Debt?
Jan 01DraftKings jumps 8% after report of a partnership with ESPN, Action Network reports
Oct 07DraftKings: I Want To Love The Stock After The 74.64% Fall, But I Just Can't
Sep 07DraftKings to launch online sportsbook in Kansas tomorrow
Aug 31DraftKings: Upside Move Blinks Caution Light, Not Fool's Gold Or 24k, Hold
Aug 12Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
12/31/2026 | 7,032 | 928 | 1,313 | 1,387 | 23 |
12/31/2025 | 5,945 | 422 | 920 | 984 | 31 |
12/31/2024 | 4,941 | -91 | 404 | 482 | 33 |
3/31/2024 | 4,071 | -548 | 7 | 129 | N/A |
12/31/2023 | 3,665 | -802 | -115 | -2 | N/A |
9/30/2023 | 3,290 | -1,000 | -346 | -222 | N/A |
6/30/2023 | 3,002 | -1,168 | -423 | -315 | N/A |
3/31/2023 | 2,593 | -1,307 | -580 | -470 | N/A |
12/31/2022 | 2,240 | -1,378 | -729 | -626 | N/A |
9/30/2022 | 1,859 | -1,462 | -768 | -649 | N/A |
6/30/2022 | 1,570 | -1,556 | -886 | -772 | N/A |
3/31/2022 | 1,401 | -1,645 | -825 | -716 | N/A |
12/31/2021 | 1,296 | -1,523 | -518 | -420 | N/A |
9/30/2021 | 1,145 | -1,440 | -375 | -314 | N/A |
6/30/2021 | 1,065 | -1,290 | -280 | -224 | N/A |
3/31/2021 | 838 | -1,509 | -254 | -203 | N/A |
12/31/2020 | 615 | -1,232 | -240 | -194 | N/A |
9/30/2020 | 423 | -1,018 | -194 | -143 | N/A |
6/30/2020 | 357 | -679 | -231 | -186 | N/A |
3/31/2020 | 344 | -181 | -148 | -113 | N/A |
12/31/2019 | 323 | -143 | -89 | -47 | N/A |
9/30/2019 | 286 | -115 | -96 | -57 | N/A |
12/31/2018 | 226 | -76 | -72 | -46 | N/A |
12/31/2017 | 192 | -77 | N/A | -88 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DKNG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.4%).
Earnings vs Market: DKNG is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: DKNG is expected to become profitable in the next 3 years.
Revenue vs Market: DKNG's revenue (15.2% per year) is forecast to grow faster than the US market (8.6% per year).
High Growth Revenue: DKNG's revenue (15.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DKNG's Return on Equity is forecast to be very high in 3 years time (73.3%).