Symbols / DKNG $25.14 -0.08%
DKNG Chart
About
DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally. The company offers online and retail sports betting, daily fantasy sports, digital lottery couriers, prediction markets, and other products, as well as retails sportsbooks. It also provides iGaming, or online casino products, which includes blackjack, roulette, baccarat and slot machines. In addition, the company engages in the design and development of sports betting and casino gaming software for online and retail sportsbooks, and iGaming operators. DraftKings Inc. was founded in 2011 and is headquartered in Boston, Massachusetts.
Fundamentals
Scroll to Statements| Sector | Consumer Cyclical | Industry | Gambling | Market Cap | 12.51B |
| Enterprise Value | 13.16B | Income | 3.71M | Sales | 6.05B |
| Book/sh | 1.28 | Cash/sh | 2.29 | Dividend Yield | — |
| Payout | 0.00% | Employees | 5500 | IPO | — |
| P/E | — | Forward P/E | 12.89 | PEG | — |
| P/S | 2.07 | P/B | 19.70 | P/C | — |
| EV/EBITDA | 48.21 | EV/Sales | 2.17 | Quick Ratio | 0.70 |
| Current Ratio | 1.03 | Debt/Eq | 299.28 | LT Debt/Eq | — |
| EPS (ttm) | -0.01 | EPS next Y | 1.95 | EPS Growth | — |
| Revenue Growth | 42.80% | Earnings | 2026-05-07 | ROA | -0.04% |
| ROE | 0.45% | ROIC | — | Gross Margin | 76.11% |
| Oper. Margin | 8.29% | Profit Margin | 0.06% | Shs Outstand | 492.99M |
| Shs Float | 478.82M | Short Float | 8.03% | Short Ratio | 2.08 |
| Short Interest | — | 52W High | 48.78 | 52W Low | 21.01 |
| Beta | 1.68 | Avg Volume | 14.42M | Volume | 12.17M |
| Target Price | $36.41 | Recom | Buy | Prev Close | $25.16 |
| Price | $25.14 | Change | -0.08% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$36.41
Mean price target
2. Current target
$25.14
Latest analyst target
3. DCF / Fair value
$22.12
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$25.14
Low
$24.00
High
$76.00
Mean
$36.41
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2026-03-03 | main | Macquarie | Outperform → Outperform | $40 |
| 2026-03-03 | main | BMO Capital | Outperform → Outperform | $50 |
| 2026-03-03 | reit | Citizens | Market Outperform → Market Outperform | $38 |
| 2026-03-03 | reit | Needham | Buy → Buy | $35 |
| 2026-03-03 | reit | BTIG | Buy → Buy | $35 |
| 2026-02-26 | main | BTIG | Buy → Buy | $35 |
| 2026-02-24 | main | Morgan Stanley | Overweight → Overweight | $40 |
| 2026-02-17 | main | JP Morgan | Overweight → Overweight | $32 |
| 2026-02-17 | main | Goldman Sachs | Buy → Buy | $31 |
| 2026-02-17 | main | Stifel | Buy → Buy | $40 |
| 2026-02-17 | main | Citigroup | Buy → Buy | $32 |
| 2026-02-17 | main | Truist Securities | Buy → Buy | $33 |
| 2026-02-17 | main | Barclays | Overweight → Overweight | $37 |
| 2026-02-17 | main | Mizuho | Outperform → Outperform | $44 |
| 2026-02-17 | main | Macquarie | Outperform → Outperform | $40 |
| 2026-02-17 | main | Oppenheimer | Outperform → Outperform | $35 |
| 2026-02-17 | main | Needham | Buy → Buy | $35 |
| 2026-02-13 | main | Canaccord Genuity | Buy → Buy | $44 |
| 2026-02-13 | main | BTIG | Buy → Buy | $37 |
| 2026-02-13 | main | Benchmark | Buy → Buy | $29 |
- 1 Cash-Producing Stock with Exciting Potential and 2 Facing Challenges - Finviz ue, 10 Mar 2026 23
- DraftKings creates buzz with its new unified super app (DKNG:NASDAQ) - Seeking Alpha ue, 10 Mar 2026 11
- Victory Capital Management Inc. Increases Stock Position in DraftKings Inc. $DKNG - MarketBeat ue, 10 Mar 2026 08
- Link DraftKings with ESPN to bet your bracket and get ESPN Unlimited free - Stock Titan Fri, 06 Mar 2026 15
- DraftKings (DKNG) Stock Trades Down, Here Is Why - Yahoo Finance Fri, 16 Jan 2026 08
- DKNG, FLUT Stocks Drop After Reported Fundraising Talks At Kalshi, Polymarket At $20B Valuation - Stocktwits Sat, 07 Mar 2026 20
- DraftKings (DKNG) Is Up 5.5% After Super App Push, New Markets And Rising Legal Scrutiny - Has The Bull Case Changed? - simplywall.st Sat, 07 Mar 2026 11
- $DKNG stock is down 3% today. Here's what we see in our data. - Quiver Quantitative Mon, 23 Feb 2026 08
- JOBY, DKNG: Cathie Wood Adds More Joby Aviation and DraftKings Shares - TipRanks ue, 10 Mar 2026 06
- Here's What DraftKings Layoffs Could Mean for the Stock - The Motley Fool ue, 24 Feb 2026 08
- Targets Report: Why DKNG stock could see breakout soon - Layoff News & Verified Momentum Watchlists - Naître et grandir Sat, 07 Mar 2026 15
- DraftKings Insiders Are Buying Stock. Should You Buy the Dip in DKNG Too? - Barchart.com ue, 03 Mar 2026 15
- Cathie Wood Sells More DraftKings. Goldman Cuts Robinhood Target Due To These Metrics. - Investor's Business Daily Fri, 20 Feb 2026 08
- Why DraftKings (DKNG) Stock Is Up Today - Yahoo Finance ue, 03 Mar 2026 22
- Dynamic Technology Lab Private Ltd Invests $2.13 Million in DraftKings Inc. $DKNG - MarketBeat Sun, 08 Mar 2026 09
Insider Transactions
No recent insider transactions.
Financials
| Line Item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | 996.87K | -719.80K | -12.08M | 1.38M |
| TaxRateForCalcs | 0.21 | 0.15 | 0.21 | 0.05 |
| NormalizedEBITDA | 254.92M | -333.20M | -529.76M | -1.30B |
| TotalUnusualItems | 4.75M | -4.95M | -57.54M | 29.40M |
| TotalUnusualItemsExcludingGoodwill | 4.75M | -4.95M | -57.54M | 29.40M |
| NetIncomeFromContinuingOperationNetMinorityInterest | 3.71M | -507.29M | -802.14M | -1.38B |
| ReconciledDepreciation | 275.49M | 270.85M | 201.92M | 169.25M |
| ReconciledCostOfRevenue | 3.56B | 2.95B | 2.29B | 1.48B |
| EBITDA | 259.67M | -338.14M | -587.30M | -1.27B |
| EBIT | -15.82M | -609.00M | -789.23M | -1.44B |
| NetInterestIncome | -19.94M | 44.30M | 55.74M | 18.70M |
| InterestExpense | 2.96M | 2.68M | 2.65M | 2.11M |
| InterestIncome | 47.26M | 58.42M | 21.35M | 4.07M |
| NormalizedIncome | -40.13K | -503.06M | -756.68M | -1.41B |
| NetIncomeFromContinuingAndDiscontinuedOperation | 3.71M | -507.29M | -802.14M | -1.38B |
| TotalExpenses | 6.07B | 5.38B | 4.45B | 3.75B |
| TotalOperatingIncomeAsReported | -15.82M | -609.00M | -789.23M | -1.51B |
| DilutedAverageShares | 495.90M | 482.00M | 462.60M | 436.07M |
| BasicAverageShares | 495.90M | 482.00M | 462.60M | 436.07M |
| DilutedEPS | 0.01 | -1.05 | -1.73 | -3.16 |
| BasicEPS | 0.01 | -1.05 | -1.73 | -3.16 |
| DilutedNIAvailtoComStockholders | -4.03M | -507.29M | -802.14M | -1.38B |
| NetIncomeCommonStockholders | -4.03M | -507.29M | -802.14M | -1.38B |
| OtherunderPreferredStockDividend | 7.74M | 0.00 | 0.00 | |
| NetIncome | 3.71M | -507.29M | -802.14M | -1.38B |
| NetIncomeIncludingNoncontrollingInterests | 3.71M | -507.29M | -802.14M | -1.38B |
| NetIncomeContinuousOperations | 3.71M | -507.29M | -802.14M | -1.38B |
| EarningsFromEquityInterestNetOfTax | 971.00K | -468.00K | -719.00K | -2.90M |
| TaxProvision | 4.27M | -86.34M | 10.17M | -67.87M |
| PretaxIncome | 7.01M | -593.16M | -791.25M | -1.44B |
| OtherIncomeExpense | 42.77M | -28.46M | -57.77M | 50.10M |
| OtherNonOperatingIncomeExpenses | 38.02M | -23.51M | -224.00K | 20.70M |
| GainOnSaleOfSecurity | 4.75M | -4.95M | -57.54M | 29.40M |
| NetNonOperatingInterestIncomeExpense | -19.94M | 44.30M | 55.74M | 18.70M |
| TotalOtherFinanceCost | 19.94M | -44.30M | -55.74M | -18.70M |
| InterestExpenseNonOperating | 2.96M | 2.68M | 2.65M | 2.11M |
| InterestIncomeNonOperating | 47.26M | 58.42M | 21.35M | 4.07M |
| OperatingIncome | -15.82M | -609.00M | -789.23M | -1.51B |
| OperatingExpense | 2.51B | 2.43B | 2.16B | 2.27B |
| ResearchAndDevelopment | 459.91M | 397.11M | 355.16M | 318.25M |
| SellingGeneralAndAdministration | 2.05B | 2.03B | 1.81B | 1.95B |
| SellingAndMarketingExpense | 1.38B | 1.26B | 1.20B | 1.19B |
| GeneralAndAdministrativeExpense | 673.60M | 764.10M | 606.57M | 763.72M |
| OtherGandA | 673.60M | 764.10M | 606.57M | 763.72M |
| GrossProfit | 2.50B | 1.82B | 1.37B | 756.19M |
| CostOfRevenue | 3.56B | 2.95B | 2.29B | 1.48B |
| TotalRevenue | 6.05B | 4.77B | 3.67B | 2.24B |
| OperatingRevenue | 5.63B | 4.41B | 3.32B | 1.85B |
| Line Item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| TreasurySharesNumber | 38.24M | 15.65M | 11.90M | 8.69M |
| OrdinarySharesNumber | 495.05M | 489.07M | 472.70M | 450.57M |
| ShareIssued | 533.30M | 504.72M | 484.60M | 459.26M |
| NetDebt | 708.10M | 468.14M | ||
| TotalDebt | 1.89B | 1.34B | 1.35B | 1.32B |
| TangibleBookValue | -1.86B | -1.48B | -736.69M | -340.61M |
| InvestedCapital | 2.47B | 2.27B | 2.09B | 2.57B |
| WorkingCapital | 59.54M | -121.23M | 521.75M | 838.38M |
| NetTangibleAssets | -1.86B | -1.48B | -736.69M | -340.61M |
| CapitalLeaseObligations | 54.19M | 78.65M | 92.33M | 73.58M |
| CommonStockEquity | 631.46M | 1.01B | 840.31M | 1.32B |
| TotalCapitalization | 2.47B | 2.27B | 2.09B | 2.57B |
| TotalEquityGrossMinorityInterest | 631.46M | 1.01B | 840.31M | 1.32B |
| StockholdersEquity | 631.46M | 1.01B | 840.31M | 1.32B |
| GainsLossesNotAffectingRetainedEarnings | 36.49M | 36.49M | 36.49M | 36.49M |
| OtherEquityAdjustments | 36.49M | 36.49M | 36.49M | 36.49M |
| TreasuryStock | 1.39B | 563.15M | 412.18M | 332.13M |
| RetainedEarnings | -6.44B | -6.44B | -5.93B | -5.13B |
| AdditionalPaidInCapital | 8.42B | 7.98B | 7.15B | 6.75B |
| CapitalStock | 91.00K | 87.00K | 85.00K | 84.00K |
| CommonStock | 91.00K | 87.00K | 85.00K | 84.00K |
| TotalLiabilitiesNetMinorityInterest | 3.90B | 3.27B | 3.10B | 2.72B |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 2.14B | 1.62B | 1.55B | 1.47B |
| OtherNonCurrentLiabilities | 172.20M | 195.61M | 83.97M | 70.03M |
| DerivativeProductLiabilities | 0.00 | 22.03M | 63.57M | 10.68M |
| TradeandOtherPayablesNonCurrent | 91.62M | 76.38M | 72.81M | 69.86M |
| LongTermDebtAndCapitalLeaseObligation | 1.88B | 1.32B | 1.33B | 1.32B |
| LongTermCapitalLeaseObligation | 44.39M | 67.66M | 80.83M | 69.33M |
| LongTermDebt | 1.84B | 1.26B | 1.25B | 1.25B |
| CurrentLiabilities | 1.76B | 1.65B | 1.55B | 1.25B |
| OtherCurrentLiabilities | 960.24M | 982.75M | 898.52M | 724.62M |
| CurrentDeferredLiabilities | 56.43M | 46.39M | 43.63M | 40.52M |
| CurrentDeferredRevenue | 56.43M | 46.39M | 43.63M | 40.52M |
| CurrentDebtAndCapitalLeaseObligation | 9.79M | 10.99M | 11.50M | 4.25M |
| CurrentCapitalLeaseObligation | 9.79M | 10.99M | 11.50M | 4.25M |
| PensionandOtherPostRetirementBenefitPlansCurrent | 101.85M | 87.19M | 94.83M | 78.82M |
| PayablesAndAccruedExpenses | 627.16M | 527.66M | 501.13M | 398.25M |
| CurrentAccruedExpenses | 388.10M | 343.60M | 350.51M | 317.21M |
| Payables | 239.06M | 184.06M | 150.63M | 81.04M |
| TotalTaxPayable | 171.20M | 130.40M | 116.50M | 70.89M |
| AccountsPayable | 67.86M | 53.66M | 34.13M | 10.15M |
| TotalAssets | 4.53B | 4.28B | 3.94B | 4.04B |
| TotalNonCurrentAssets | 2.72B | 2.75B | 1.87B | 1.96B |
| OtherNonCurrentAssets | 109.10M | 123.06M | 131.55M | 155.87M |
| NonCurrentPrepaidAssets | 45.38M | |||
| InvestmentsAndAdvances | 18.94M | 13.20M | 10.28M | 10.08M |
| LongTermEquityInvestment | 18.94M | 13.20M | 10.28M | 10.08M |
| GoodwillAndOtherIntangibleAssets | 2.49B | 2.49B | 1.58B | 1.66B |
| OtherIntangibleAssets | 889.20M | 933.12M | 690.62M | 776.93M |
| Goodwill | 1.60B | 1.56B | 886.37M | 886.37M |
| NetPPE | 100.89M | 125.47M | 154.68M | 126.06M |
| AccumulatedDepreciation | -104.80M | -88.37M | -75.45M | -55.60M |
| GrossPPE | 205.69M | 213.83M | 230.13M | 181.66M |
| Leases | 61.52M | 56.35M | 57.31M | 43.05M |
| OtherProperties | 49.81M | 74.92M | 93.98M | 65.96M |
| MachineryFurnitureEquipment | 94.36M | 82.57M | 78.84M | 72.66M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| CurrentAssets | 1.82B | 1.53B | 2.07B | 2.08B |
| OtherCurrentAssets | 104.84M | 145.73M | 98.56M | 94.84M |
| RestrictedCash | 477.05M | 541.91M | 352.99M | 469.65M |
| PrepaidAssets | 25.68M | |||
| Receivables | 105.58M | 57.84M | 349.31M | 211.18M |
| AccountsReceivable | 105.58M | 57.84M | 349.31M | 211.18M |
| CashCashEquivalentsAndShortTermInvestments | 1.13B | 788.29M | 1.27B | 1.31B |
| CashAndCashEquivalents | 1.13B | 788.29M | 1.27B | 1.31B |
| Line Item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| FreeCashFlow | 508.39M | 296.91M | -115.14M | -729.16M |
| RepurchaseOfCapitalStock | -829.29M | -150.96M | -80.05M | -25.52M |
| RepaymentOfDebt | -4.50M | 0.00 | 0.00 | 0.00 |
| IssuanceOfDebt | 588.12M | 0.00 | 0.00 | 0.00 |
| IssuanceOfCapitalStock | 15.24M | 0.00 | 0.00 | 0.00 |
| CapitalExpenditure | -154.46M | -120.86M | -113.39M | -103.64M |
| InterestPaidSupplementalData | 27.88M | 0.00 | 0.00 | 0.00 |
| IncomeTaxPaidSupplementalData | 8.24M | 5.27M | 8.34M | 10.37M |
| EndCashPosition | 1.60B | 1.33B | 1.62B | 1.78B |
| BeginningCashPosition | 1.33B | 1.62B | 1.78B | 2.63B |
| EffectOfExchangeRateChanges | 0.00 | 0.00 | 583.00K | |
| ChangesInCash | 274.40M | -293.30M | -155.33M | -851.02M |
| FinancingCashFlow | -222.46M | -144.47M | -63.22M | -16.73M |
| CashFlowFromContinuingFinancingActivities | -222.46M | -144.47M | -63.22M | -16.73M |
| NetOtherFinancingCharges | -2.60M | -2.67M | 416.00K | |
| ProceedsFromStockOptionExercised | 10.57M | 9.16M | 16.83M | 8.79M |
| NetPreferredStockIssuance | 0.00 | |||
| PreferredStockPayments | 0.00 | |||
| PreferredStockIssuance | 0.00 | |||
| NetCommonStockIssuance | -814.04M | -150.96M | -80.05M | -25.52M |
| CommonStockPayments | -829.29M | -150.96M | -80.05M | -25.52M |
| CommonStockIssuance | 15.24M | 0.00 | 0.00 | 0.00 |
| NetIssuancePaymentsOfDebt | 583.62M | 0.00 | 0.00 | 0.00 |
| NetShortTermDebtIssuance | 0.00 | 0.00 | 0.00 | |
| ShortTermDebtPayments | 0.00 | 0.00 | ||
| ShortTermDebtIssuance | 0.00 | 0.00 | 0.00 | |
| NetLongTermDebtIssuance | 583.62M | 0.00 | 0.00 | 0.00 |
| LongTermDebtPayments | -4.50M | 0.00 | 0.00 | 0.00 |
| LongTermDebtIssuance | 588.12M | 0.00 | 0.00 | 0.00 |
| InvestingCashFlow | -166.00M | -566.60M | -90.36M | -208.77M |
| CashFlowFromContinuingInvestingActivities | -166.00M | -566.60M | -90.36M | -208.77M |
| NetOtherInvestingChanges | 4.85M | -4.26M | -1.40M | -8.61M |
| NetInvestmentPurchaseAndSale | 0.00 | 0.00 | 24.43M | 0.00 |
| SaleOfInvestment | 0.00 | 0.00 | 24.43M | 0.00 |
| PurchaseOfInvestment | 0.00 | -25.00M | ||
| NetBusinessPurchaseAndSale | -16.38M | -441.49M | 0.00 | -96.51M |
| PurchaseOfBusiness | -16.38M | -441.49M | 0.00 | -96.51M |
| NetIntangiblesPurchaseAndSale | -139.11M | -110.68M | -92.48M | -71.24M |
| PurchaseOfIntangibles | -139.11M | -110.68M | -92.48M | -71.24M |
| NetPPEPurchaseAndSale | -15.35M | -10.18M | -20.90M | -32.40M |
| PurchaseOfPPE | -15.35M | -10.18M | -20.90M | -32.40M |
| OperatingCashFlow | 662.86M | 417.77M | -1.75M | -625.52M |
| CashFlowFromContinuingOperatingActivities | 662.86M | 417.77M | -1.75M | -625.52M |
| ChangeInWorkingCapital | 97.35M | 335.08M | 134.88M | 121.72M |
| ChangeInOtherWorkingCapital | 130.00K | 6.56M | 1.30M | -1.06M |
| ChangeInOtherCurrentLiabilities | -38.60M | 135.95M | 176.81M | 168.37M |
| ChangeInPayablesAndAccruedExpense | 147.43M | -14.63M | 106.55M | 86.00M |
| ChangeInPayable | 147.43M | -14.63M | 106.55M | 86.00M |
| ChangeInAccountPayable | 132.18M | -18.20M | 103.59M | 95.27M |
| ChangeInTaxPayable | 15.24M | 3.56M | 2.95M | -9.27M |
| ChangeInIncomeTaxPayable | 15.24M | 3.56M | 2.95M | -9.27M |
| ChangeInPrepaidAssets | -14.47M | -24.57M | -16.90M | -31.14M |
| ChangeInReceivables | 2.99M | 238.20M | -138.13M | -102.81M |
| ChangesInAccountReceivables | -57.70M | -10.12M | 3.56M | 2.51M |
| OtherNonCashItems | -33.47M | 6.26M | 940.00K | -6.40M |
| StockBasedCompensation | 339.31M | 381.37M | 398.46M | 578.80M |
| DeferredTax | -18.23M | -92.73M | 5.85M | -73.41M |
| DeferredIncomeTax | -18.23M | -92.73M | 5.85M | -73.41M |
| DepreciationAmortizationDepletion | 275.49M | 270.85M | 201.92M | 169.25M |
| DepreciationAndAmortization | 275.49M | 270.85M | 201.92M | 169.25M |
| AmortizationCashFlow | 180.90M | |||
| AmortizationOfIntangibles | 180.90M | |||
| Depreciation | 20.40M | |||
| OperatingGainsLosses | -1.31M | 24.22M | 58.34M | -37.50M |
| EarningsLossesFromEquityInvestments | -971.00K | 468.00K | 719.00K | 2.90M |
| GainLossOnInvestmentSecurities | -341.00K | 17.89M | 57.62M | -40.40M |
| GainLossOnSaleOfBusiness | 0.00 | 5.87M | 0.00 | 0.00 |
| NetIncomeFromContinuingOperations | 3.71M | -507.29M | -802.14M | -1.38B |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for DKNG
| Date | User | Broker | Pattern | Type | Position Size | Entry Price | Trade P&L | Status |
|---|