DKNG Stock Overview
DraftKings Inc. operates a digital sports entertainment and gaming company.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
DraftKings Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$26.92 |
| 52 Week High | US$34.49 |
| 52 Week Low | US$10.69 |
| Beta | 1.79 |
| 1 Month Change | -8.56% |
| 3 Month Change | -14.68% |
| 1 Year Change | 70.38% |
| 3 Year Change | -24.64% |
| 5 Year Change | n/a |
| Change since IPO | 174.69% |
Recent News & Updates
Recent updates
DraftKings Inc. (NASDAQ:DKNG) Shares Could Be 48% Below Their Intrinsic Value Estimate
Sep 17
DraftKings (NASDAQ:DKNG) Is Making Moderate Use Of Debt
Aug 19Is DraftKings Inc. (NASDAQ:DKNG) Trading At A 44% Discount?
Jun 18Health Check: How Prudently Does DraftKings (NASDAQ:DKNG) Use Debt?
May 05Is It Time To Consider Buying DraftKings Inc. (NASDAQ:DKNG)?
Apr 14DraftKings Inc.'s (NASDAQ:DKNG) Intrinsic Value Is Potentially 87% Above Its Share Price
Feb 23Is DraftKings (NASDAQ:DKNG) Using Too Much Debt?
Jan 01DraftKings jumps 8% after report of a partnership with ESPN, Action Network reports
Oct 07DraftKings: I Want To Love The Stock After The 74.64% Fall, But I Just Can't
Sep 07DraftKings to launch online sportsbook in Kansas tomorrow
Aug 31DraftKings: Upside Move Blinks Caution Light, Not Fool's Gold Or 24k, Hold
Aug 12DraftKings Bottom Is Likely In, But Long-Term Prospects Remain Cloudy
Aug 04DraftKings: Rescue From Excessive Promo Spend May Be On The Way
Jul 26DraftKings: The Market Has Been Quietly Buying
Jul 16DraftKings: No Takers Taking A Run At The Stock Tells A Story
Jun 24Has DraftKings' Stock Price Bottomed Out Or Will It Keep Dropping?
Jun 15DraftKings: This Is A Smart Bet
May 18DraftKings: The Stock Is Cheap, Decision Time Is Here
Apr 18DraftKings: A Sell As High Expenses Aren't Coming Down
Mar 27DraftKings - A 27% Annualized Return With Massive Downside Protection
Mar 10DraftKings: Q4 Earnings, Still A Tough Bet
Feb 21DraftKings: On The Move, But Drive Slowly, There Are Potholes Ahead
Feb 14DraftKings: Lower And Lower It Goes
Jan 27DraftKings: Looking More Like A Takeover Target Or Acquisition As Big Upside Prospects Fade
Jan 17DraftKings: Did Water Find Its Level?
Dec 25Get DraftKings At Ground Level Valuation
Dec 15Fresh Lows are Potentially Reversing the Insider Selling Trend at DraftKings (NASDAQ:DKNG)
Dec 09DraftKings: Sell Signals Growing - Time For A Good, Hard Look
Nov 23Shareholder Returns
| DKNG | US Hospitality | US Market | |
|---|---|---|---|
| 7D | -4.4% | -0.02% | -2.4% |
| 1Y | 70.4% | 10.7% | 4.1% |
Return vs Industry: DKNG exceeded the US Hospitality industry which returned 10.7% over the past year.
Return vs Market: DKNG exceeded the US Market which returned 4.1% over the past year.
Price Volatility
| DKNG volatility | |
|---|---|
| DKNG Average Weekly Movement | 7.0% |
| Hospitality Industry Average Movement | 5.4% |
| Market Average Movement | 5.6% |
| 10% most volatile stocks in US Market | 14.2% |
| 10% least volatile stocks in US Market | 2.7% |
Stable Share Price: DKNG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: DKNG's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2011 | 4,200 | Jason Robins | https://www.draftkings.com |
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.
DraftKings Inc. Fundamentals Summary
| DKNG fundamental statistics | |
|---|---|
| Market Cap | US$12.49b |
| Earnings (TTM) | -US$1.17b |
| Revenue (TTM) | US$3.00b |
4.2x
P/S Ratio-10.7x
P/E RatioIs DKNG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| DKNG income statement (TTM) | |
|---|---|
| Revenue | US$3.00b |
| Cost of Revenue | US$1.89b |
| Gross Profit | US$1.11b |
| Other Expenses | US$2.28b |
| Earnings | -US$1.17b |
Last Reported Earnings
Jun 30, 2023
Next Earnings Date
Nov 02, 2023
| Earnings per share (EPS) | -2.52 |
| Gross Margin | 37.03% |
| Net Profit Margin | -38.90% |
| Debt/Equity Ratio | 123.0% |
How did DKNG perform over the long term?
See historical performance and comparison