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DraftKings Inc. (DKNG)

21.49 +0.58 (+2.77%)
As of 9:50:30 AM EST. Market Open.
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What's happening with DKNG?

8m ago
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DraftKings faces a mixed setup before its November 5, 2026third-quarter report. Analysts expect strong revenue growth, but a larger projected loss, downward earnings revisions, unfavorable October betting conditions, and prediction-market spending create competing signals.

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  • Previous Close 20.91
  • Open 21.06
  • Bid 19.65 x 200
  • Ask 23.07 x 200
  • Day's Range 20.67 - 21.59
  • 52 Week Range 18.35 - 36.98
  • Volume 886,920
  • Avg. Volume 13,102,321
  • Market Cap (intraday) 10.669B
  • Beta (5Y Monthly) 1.61
  • PE Ratio (TTM) --
  • EPS (TTM) -0.35
  • Earnings Date Nov 5, 2026
  • Forward Dividend & Yield -- (0.00%)
  • 1y Target Est 33.87
  • Morningstar Rating Rating available with Stock Picks access

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.

www.draftkings.com

5,500

Full Time Employees

December 31

Fiscal Year Ends

Gambling

Industry

Recent News

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Performance Overview

Trailing total returns as of 11/2/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

DKNG
37.64%
S&P 500 (^GSPC)
11.35%

1-Year Return

DKNG
29.75%
S&P 500 (^GSPC)
11.44%

3-Year Return

DKNG
25.85%
S&P 500 (^GSPC)
76.54%

5-Year Return

DKNG
54.85%
S&P 500 (^GSPC)
64.61%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q2 FY26
Revenue 1.44B
Earnings -67.61M
Profit Margin -4.68%

Q3

FY25

Q4

FY25

Q1

FY26

Q2

FY26

0
500M
1B
2B
-20.0%
-10.0%
0.0%

Analyst Insights

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Analyst Price Targets

20.00
33.87 Average
21.49 Current
76.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 11/2/2026
Analyst Needham
Rating Action Maintains
Rating Buy
Price Action Lowers
Price Target 35 -> 30

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    -2.68%

  • Return on Assets (ttm)

    -2.42%

  • Return on Equity (ttm)

    -21.14%

  • Revenue (ttm)

    6.22B

  • Net Income Avi to Common (ttm)

    -166.9M

  • Diluted EPS (ttm)

    -0.35

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    983.88M

  • Total Debt/Equity (mrq)

    336.48%

  • Levered Free Cash Flow (ttm)

    461.74M

Company Insights

Research Reports

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