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DraftKings NasdaqGS:DKNG Stock Report

Last Price

US$39.20

Market Cap

US$19.6b

7D

-1.1%

1Y

35.0%

Updated

30 Sep, 2024

Data

Company Financials +

DKNG Stock Overview

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

Community Narratives

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Narratives bring a range of perspectives from our community.

US$49.52
FV
20.8% undervalued intrinsic discount
23.75%
Revenue growth p.a.
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1 day ago author updated this narrative

DraftKings Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for DraftKings
Historical stock prices
Current Share PriceUS$39.20
52 Week HighUS$49.57
52 Week LowUS$25.73
Beta1.8
11 Month Change13.62%
3 Month Change6.12%
1 Year Change34.99%
33 Year Change-19.11%
5 Year Change295.16%
Change since IPO300.00%

Recent News & Updates

DraftKings: Great Upside With Limited Downside

Sep 25

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

Sep 03

Recent updates

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 Inc. (NASDAQ:DKNG) Not Lagging Industry On Growth Or Pricing

Jul 30
DraftKings Inc. (NASDAQ:DKNG) Not Lagging Industry On Growth Or Pricing

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 Inc.'s (NASDAQ:DKNG) Price In Tune With Revenues

Apr 30
DraftKings Inc.'s (NASDAQ:DKNG) Price In Tune With Revenues

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)?

Shareholder Returns

DKNGUS HospitalityUS Market
7D-1.1%2.3%0.8%
1Y35.0%27.5%33.4%

Return vs Industry: DKNG exceeded the US Hospitality industry which returned 27.5% over the past year.

Return vs Market: DKNG exceeded the US Market which returned 33.4% over the past year.

Price Volatility

Is DKNG's price volatile compared to industry and market?
DKNG volatility
DKNG Average Weekly Movement6.4%
Hospitality Industry Average Movement6.7%
Market Average Movement6.4%
10% most volatile stocks in US Market14.8%
10% least volatile stocks in US Market3.1%

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
20124,400Jason 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$406.47m
Revenue (TTM)US$4.30b

4.4x

P/S Ratio

-46.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DKNG income statement (TTM)
RevenueUS$4.30b
Cost of RevenueUS$2.63b
Gross ProfitUS$1.67b
Other ExpensesUS$2.07b
Earnings-US$406.47m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.84
Gross Margin38.76%
Net Profit Margin-9.45%
Debt/Equity Ratio96.7%

How did DKNG perform over the long term?

See historical performance and comparison