Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
DraftKings Inc Market Cap
Based on ratings from 0 stock analysts, the DraftKings Inc stock price is expected to increase by 24.67% in 12 months. This is calculated by using the average 12-month stock price forecast for DraftKings Inc. The lowest target is $31 and the highest is $89. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assignedDKNG 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect DraftKings Inc to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on DKNG. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of DKNG.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Brandt Montour Barclays | Overweight | $45 | Maintains | Oct 4, 2024 |
| Joseph Greff JP Morgan | Overweight | $54 | Maintains | Sep 26, 2024 |
| Bernie McTernan Needham | Buy | $60 | Reiterates | Sep 23, 2024 |
| Bernie McTernan Needham | Buy | $60 | Reiterates | Sep 16, 2024 |
| Stephen Grambling Morgan Stanley | Overweight | $47 | Reiterates | Sep 11, 2024 |
| Bernie McTernan Needham | Buy | $60 | Reiterates | Sep 9, 2024 |
| Robin Farley UBS | Buy | $58 | Maintains | Sep 4, 2024 |
| Joseph Stauff Susquehanna | Positive | $48 | Maintains | Sep 4, 2024 |
| Bernie McTernan Needham | Buy | $60 | Reiterates | Sep 3, 2024 |
| Chad Beynon Macquarie | Outperform | $50 | Maintains | Aug 26, 2024 |
| Mike Hickey Benchmark | Buy | $44 | Maintains | Aug 20, 2024 |
| Bernie McTernan Needham | Buy | $60 | Reiterates | Aug 19, 2024 |
| Bernie McTernan Needham | Buy | $60 | Reiterates | Aug 14, 2024 |
| Barry Jonas Truist Securities | Buy | $50 | Maintains | Aug 14, 2024 |
| Stephen Grambling Morgan Stanley | Overweight | $47 | Maintains | Aug 13, 2024 |
| Jed Kelly Oppenheimer | Outperform | $55 | Maintains | Aug 5, 2024 |
| Daniel Politzer Wells Fargo | Overweight | $47 | Maintains | Aug 5, 2024 |
| Jeffrey Stantial Stifel | Buy | $48 | Reiterates | Aug 5, 2024 |
| Barry Jonas Truist Securities | Buy | $50 | Maintains | Aug 5, 2024 |
| Bernie McTernan Needham | Buy | $60 | Reiterates | Aug 5, 2024 |
When did it IPO
2020
Staff Count
4,400
Country
United States
Sector/Industry
Consumer Cyclical/Gambling
CEO
Mr. Jason D. Robins
Market Cap
$19.07B
In 2023, DKNG generated $3.67B in revenue, which was a increase of 63.60% from the previous year. This can be seen as a signal that DKNG's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Thu, 26 Sep 2024
Sentiment - NEGATIVE
Source - Reuters
Summary - DraftKings will pay a $200,000 penalty for selectively disclosing material non-public information on social media, as announced by the SEC.
Why It Matters - DraftKings' penalty highlights regulatory scrutiny on transparency, potentially impacting its stock price and investor confidence due to concerns over compliance and governance practices.
Fri, 27 Sep 2024
Sentiment - POSITIVE
Source - The Motley Fool
Summary - DraftKings shares have experienced volatility, resulting in attractive pricing. The company is expanding beyond sports betting into new markets.
Why It Matters - DraftKings' stock volatility presents a buying opportunity, while its expansion into new markets could drive future growth and diversify revenue streams, potentially enhancing investor returns.
Thu, 26 Sep 2024
Sentiment - NEUTRAL
Source - Newsfile Corp
Summary - The SEC has charged DraftKings Inc. for selectively disclosing material nonpublic information via social media, violating Regulation FD.
Why It Matters - The SEC's charges against DraftKings for selective disclosure could lead to regulatory fines, reputational damage, and decreased investor trust, potentially impacting stock performance.
Thu, 26 Sep 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - DraftKings (DKNG) shares rose significantly with higher-than-average trading volume, though recent earnings estimate revisions may not lead to further price increases soon.
Why It Matters - DraftKings' share surge signals strong market interest, while higher trading volume indicates heightened activity. However, cautious earnings revisions suggest potential price stagnation ahead.
Fri, 27 Sep 2024
Sentiment - NEUTRAL
Source - Zacks Investment Research
Summary - DraftKings (DKNG) closed at $40.36, down 1.42% from the previous trading session.
Why It Matters - DraftKings' decline in share price indicates potential market concerns or volatility, affecting investor confidence and future trading strategies.
Wed, 25 Sep 2024
Sentiment - POSITIVE
Source - Schaeffers Research
Summary - Investors are closely examining the sports betting sector for growth opportunities, particularly with the NFL season underway and the trend of widespread legalization.
Why It Matters - The legalization of sports betting signals potential revenue growth in the sector, attracting investor interest during the NFL season, a peak time for sports wagering.
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