DraftKings Inc.
DKNG
Positions held
Your positionsDKNG isn't in your positions.
Add it to see shares, cost, and P&L here.
Bull / bear case
Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.
- DraftKings is positioned well within the growing online gambling industry, which is expected to expand significantly as more states legalize sports betting.
- The company's market cap stands at approximately $9.8 billion, indicating substantial investor interest and potential for growth.
- DraftKings has a strong buy recommendation with a target mean price of $34.81, suggesting a significant upside from current levels.
- The company is currently facing challenges with a negative revenue growth of -4.6% year-over-year, indicating potential issues in maintaining market share.
- DraftKings reported a quarterly revenue decline of 12% compared to the prior quarter, dropping from $1.6 billion to $1.4 billion.
- The operating margin has compressed to -4.7%, reflecting ongoing profitability challenges and operational inefficiencies.
Fundamentals
| Market cap | $9.86B | Enterprise value | $10.80B | Trailing P/E | — | Forward P/E | 11.72 |
| PEG | 0.05 | Price / book | 17.31 | Beta | 1.61 | Dividend yield | 0.00% |
| Revenue growth | -4.6% | Earnings growth | — | Gross margin | 76.1% | Operating margin | -4.7% |
| Profit margin | -2.7% | ROE | -21.1% | ROA | -2.4% | Debt / equity | 3.36 |
| Current ratio | 1.02 | Free cash flow | $461.74M | Analyst recommendation | strong_buy | Mean target | $34.45 |
| 52w high | $36.98 | 52w low | $18.52 |
Quarterly
| 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | |
|---|---|---|---|---|---|---|
| Revenue | $1.4B | $1.6B | $2.0B | $1.1B | $1.5B | — |
| Op margin | -4.7% | 0.4% | 7.6% | -23.8% | 10.0% | — |
| Net income | -$67.6M | $21.1M | $136M | -$257M | $158M | — |
| Gross margin | 38.2% | 42.3% | 46.0% | 31.5% | 43.5% | — |
| Gross profit | $551M | $697M | $915M | $360M | $658M | — |
| Operating income | -$68.2M | $5.8M | $152M | -$272M | $151M | — |
- Revenue -12% vs prior quarter ($1.4B vs $1.6B).
- Gross margin 38.2% (was 42.3% prior quarter).
- Operating margin compressed to -4.7%.
Yearly (6y)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | $6.1B | $4.8B | $3.7B | $2.2B | — |
| Op margin | -0.3% | -12.8% | -21.5% | -67.5% | — |
| Net income | $3.7M | -$507M | -$802M | -$1.4B | — |
| Gross margin | 41.3% | 38.1% | 37.5% | 33.8% | — |
| Gross profit | $2.5B | $1.8B | $1.4B | $756M | — |
| Operating income | -$15.8M | -$609M | -$789M | -$1.5B | — |
Headlines — positive tone
• [OK · fundamentals] DraftKings gets upgrade as a feared threat becomes an edge
News
2026-10-08 · Cathie Wood's ARK Invest Doubles Down On Air Taxi Stocks, Defense Plays
2026-10-08 · DraftKings Is Down 19% in a Month: Did Bank of America Just Call the Bottom?
2026-10-08 · DraftKings Has Lost 42% in a Year: Guggenheim Sees 57% Upside
2026-10-08 · Rebel Audio Raises Series A at $50 Million Valuation Post-Money, Backed by Creator Media Company HardScope
2026-10-08 · Flutter Entertainment's FanDuel Winning Customers, Share in NFL Season, Wedbush Says
2026-10-08 · DraftKings gets upgrade as a feared threat becomes an edge
2026-10-08 · Ties to Kalshi Throw Gambling Addiction Group Into Disarray
2026-10-07 · DraftKings (DKNG) Suffers a Larger Drop Than the General Market: Key Insights
2026-10-07 · Cathie Wood Trims SpaceX, DraftKings, Robinhood Shares. Adds $16 Mil In Air Taxi Stocks.
2026-10-07 · Why This Analyst Calls Flutter Stock’s Recent Selloff ‘Overblown’
2026-10-07 · DraftKings Stacks the Deck: The $800M Prediction Pivot
Price (daily)
Full chart · RSI · MACD · patternsOn Trade and Ticker