FMP
DraftKings Inc.
DKNG
NASDAQ
DraftKings Inc. operates a digital sports entertainment and gaming company. It offers multi-channel sports betting and gaming technologies, powering sports and gaming entertainment for operators in 17 countries. The company operates iGaming through its DraftKings brand in 5 states, as well as operates Golden Nugget Online Gaming, an iGaming product and gaming brand in 3 states. Its Sportsbook is live with mobile and/or retail betting operations in the United States pursuant to regulations in 18 states. The company's daily fantasy sports product is available in 6 countries internationally with 15 distinct sports categories. In addition, it offers DraftKings Marketplace, a digital collectibles ecosystem designed for mainstream accessibility that offers curated NFT drops and supports secondary-market transactions, as well as owns Vegas Sports Information Network (VSiN), a multi-platform broadcast and content company. DraftKings Inc. was founded in 2011 and is headquartered in Boston, Massachusetts.
37.87 USD
0.88 (2.32%)
Latest DKNG News
Danny Green
Feb 18, 2025
DraftKings Inc (NASDAQ:DKNG) Sees Positive Analyst Ratings and Price Target Increases
DraftKings Inc (NASDAQ:DKNG) is a prominent player in the US online sports betting and gaming industry. Known for its strong brand recognition and innovative technology, DraftKings has carved out a significant market share. The company competes with other major players like FanDuel and BetMGM, leveraging its first-mover advantage to stay ahead. On February 18, 2025, Needham set a price target of $65 for DraftKings, suggesting a potential upside of 27.58% from its current trading price of $50.95...
Andrew Wynn
Feb 18, 2025
DraftKings Inc. (NASDAQ: DKNG) Maintains "Buy" Rating and Sees Price Target Increase
DraftKings Inc. (NASDAQ: DKNG) is a prominent player in the digital sports entertainment and gaming industry. Founded in 2012 and headquartered in Boston, the company was established by Jason Robins, Matt Kalish, and Paul Liberman. DraftKings is unique as the only U.S.-based vertically integrated sports betting operator, offering a range of real-money games and betting options to enhance sports fans' experiences. On February 18, 2025, Needham maintained its "Buy" rating for DraftKings and incre...
Andrew Wynn
Feb 12, 2025
DraftKings Inc. (NASDAQ: DKNG) - A Leader in Digital Sports Entertainment and Gaming
DraftKings Inc. (NASDAQ: DKNG) is a leading company in the digital sports entertainment and gaming industry. It offers services like sports betting, iGaming, and daily fantasy sports. The company is expanding its operations across the U.S. and internationally, making it a significant player in the gaming sector. DraftKings competes with other major companies in the industry, striving to capture a larger market share. The consensus price target for DraftKings has remained stable at $56.50 over t...
Andrew Wynn
Nov 9, 2024
DraftKings Inc. (NASDAQ:DKNG) Faces Financial Challenges Despite Market Opportunities
DraftKings Inc. (NASDAQ:DKNG) is a leading sports betting and fantasy sports platform. The company offers a wide range of online gaming and betting services, competing with other major players like FanDuel and BetMGM. DraftKings aims to capitalize on the growing sports betting market, but it faces challenges in meeting financial expectations. On November 8, 2024, DraftKings reported an earnings per share (EPS) of -$0.60, missing the estimated EPS of -$0.42. Despite this, the company met its rev...
Danny Green
Nov 8, 2024
DraftKings Inc. (NASDAQ: DKNG) Quarterly Earnings Preview and Financial Ratios Analysis
DraftKings Inc. (Nasdaq: DKNG) is a prominent player in the digital sports entertainment and gaming industry. The company offers daily fantasy sports, sports betting, and iGaming opportunities. As DraftKings prepares to release its quarterly earnings on November 8, 2024, analysts predict an earnings per share (EPS) of -$0.42 and revenue of approximately $1.11 billion. In the recent quarter, DraftKings reported a loss of $0.60 per share, which was worse than the Zacks Consensus Estimate of a $0....
The Motley Fool
Aug 25, 2024
3 Stocks That Could Turn $1,000 Into $5,000 by 2030
Online sports betting isn't exactly new, but DraftKings still has several more years of measurable growth in its future. It's unlikely you'll own any technology that doesn't utilize at least some of Arm Holdings' intellectual know-how.
The Motley Fool
Aug 22, 2024
3 Things to Know About DraftKings Stock Before You Buy
A new surcharge on winnings could be a boost to DraftKings next year. Texas potentially legalizing online sports betting in 2025 could be another major catalyst for the company.
The Motley Fool
Aug 20, 2024
Forget Amazon: These Unstoppable Stocks Are Better Buys
It can take time to build a sports betting business in a particular market, and DraftKings is making progress. E-commerce support provider Shopify enjoys a long growth runway ahead as online shopping evolves.
Benzinga
Aug 19, 2024
DraftKings Vs. Flutter: Analyst Lays Out Bull Vs. Bear Debate With Sports Betting Market 'Increasingly Functioning As A Duopoly'
A battle between DraftKings Inc DKNG bulls and bears could come down to EBITDA, surcharges and competition, an analyst says after the company and rival Flutter Entertainment FLUT have both now reported second-quarter financial results.
24/7 Wall Street
Aug 19, 2024
3 Growth Stocks With Sky-High Price Targets Investors Will Love
The market pullback since mid-July has hit growth stocks hard, but corrections often provide buying opportunities.
