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Consumer Cyclical - Gambling, Resorts & Casinos - NASDAQ - US
$ 39.84
-3.16 %
$ 19.3 B
Market Cap
-45.79
P/E
1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one DKNG stock under the base case scenario is HIDDEN Compared to the current market price of 39.8 USD, DraftKings Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart DKNG

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FINANCIALS
3.67 B REVENUE
63.60%
-789 M OPERATING INCOME
47.79%
-802 M NET INCOME
41.79%
-1.75 M OPERATING CASH FLOW
99.72%
-90.4 M INVESTING CASH FLOW
56.72%
-63.2 M FINANCING CASH FLOW
-277.84%
1.1 B REVENUE
-0.81%
-299 M OPERATING INCOME
-821.93%
-294 M NET INCOME
-460.17%
134 M OPERATING CASH FLOW
354.54%
-31.6 M INVESTING CASH FLOW
92.42%
-18.9 M FINANCING CASH FLOW
13.40%
Balance Sheet Decomposition DraftKings Inc.
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Current Assets 2.07 B
Cash & Short-Term Investments 1.27 B
Receivables 349 M
Other Current Assets 452 M
Non-Current Assets 1.87 B
Long-Term Investments 10.3 M
PP&E 155 M
Other Non-Current Assets 1.71 B
Current Liabilities 1.55 B
Accounts Payable 34.1 M
Short-Term Debt 23 M
Other Current Liabilities 1.49 B
Non-Current Liabilities 1.55 B
Long-Term Debt 1.33 B
Other Non-Current Liabilities 220 M
EFFICIENCY
Earnings Waterfall DraftKings Inc.
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Revenue 3.67 B
Cost Of Revenue 2.29 B
Gross Profit 1.37 B
Operating Expenses 2.16 B
Operating Income -789 M
Other Expenses 12.9 M
Net Income -802 M
RATIOS
37.46% GROSS MARGIN
37.46%
-21.53% OPERATING MARGIN
-21.53%
-21.88% NET MARGIN
-21.88%
-95.46% ROE
-95.46%
-20.33% ROA
-20.33%
-37.96% ROIC
-37.96%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis DraftKings Inc.
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Net Income -802 M
Depreciation & Amortization 202 M
Capital Expenditures -113 M
Stock-Based Compensation 398 M
Change in Working Capital 135 M
Others 87 M
Free Cash Flow -115 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets DraftKings Inc.
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Wall Street analysts predict an average 1-year price target for DKNG of $50.9 , with forecasts ranging from a low of $33 to a high of $62 .
DKNG Lowest Price Target Wall Street Target
33 USD -17.17%
DKNG Average Price Target Wall Street Target
50.9 USD 27.85%
DKNG Highest Price Target Wall Street Target
62 USD 55.62%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership DraftKings Inc.
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Sold
0-3 MONTHS
40 M USD 2
3-6 MONTHS
52.9 M USD 4
6-9 MONTHS
24.9 M USD 1
9-12 MONTHS
183 M USD 5
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
3 weeks ago
Oct 25, 2024
Sell 3.1 M USD
Liberman Paul
See Remarks
- 85081
36.39 USD
3 weeks ago
Oct 25, 2024
Sell 124 K USD
Liberman Paul
See Remarks
- 3360
36.95 USD
1 month ago
Sep 25, 2024
Sell 10.3 M USD
Liberman Paul
See Remarks
- 253238
40.76 USD
1 month ago
Sep 25, 2024
Sell 13.4 M USD
Liberman Paul
See Remarks
- 321762
41.62 USD
1 month ago
Sep 25, 2024
Sell 1.24 M USD
Liberman Paul
See Remarks
- 30421
40.76 USD
1 month ago
Sep 25, 2024
Sell 1.59 M USD
Liberman Paul
See Remarks
- 38233
41.63 USD
2 months ago
Aug 26, 2024
Sell 2.79 M USD
Liberman Paul
See Remarks
- 78466
35.56 USD
2 months ago
Aug 26, 2024
Sell 362 K USD
Liberman Paul
See Remarks
- 9975
36.25 USD
2 months ago
Aug 21, 2024
Sell 6.46 M USD
Robins Jason
See Remarks
- 183461
35.2 USD
2 months ago
Aug 21, 2024
Sell 593 K USD
Robins Jason
See Remarks
- 16539
35.84 USD
3 months ago
Aug 08, 2024
Sell 6.14 M USD
Robins Jason
See Remarks
- 200000
30.72 USD
4 months ago
Jul 15, 2024
Sell 2.47 M USD
Liberman Paul
See Remarks
- 63206
39 USD
4 months ago
Jun 25, 2024
Sell 11.6 M USD
Liberman Paul
See Remarks
- 300937
38.43 USD
4 months ago
Jun 25, 2024
Sell 11.7 M USD
Liberman Paul
See Remarks
- 299298
39.25 USD
4 months ago
Jun 25, 2024
Sell 1.72 M USD
Liberman Paul
See Remarks
- 44771
38.43 USD
4 months ago
Jun 25, 2024
Sell 939 K USD
Liberman Paul
See Remarks
- 23884
39.32 USD
5 months ago
Jun 14, 2024
Sell 9.54 M USD
SLOAN HARRY
Director
- 250000
38.15 USD
5 months ago
Jun 05, 2024
Sell 52.1 K USD
Moore Jocelyn
Director
- 1450
35.92 USD
5 months ago
Jun 06, 2024
Sell 51.4 K USD
Moore Jocelyn
Director
- 1403
36.66 USD
5 months ago
May 21, 2024
Sell 8.7 M USD
Robins Jason
See Remarks
- 199500
43.59 USD
5 months ago
May 21, 2024
Sell 22.2 K USD
Robins Jason
See Remarks
- 500
44.34 USD
6 months ago
May 08, 2024
Sell 8.53 M USD
Robins Jason
See Remarks
- 200000
42.67 USD
11 months ago
Dec 13, 2023
Sell 3.03 M USD
Robins Jason
See Remarks
- 83000
36.45 USD
6 months ago
Apr 22, 2024
Sell 8.18 M USD
Robins Jason
See Remarks
- 199989
40.91 USD
6 months ago
Apr 22, 2024
Sell 456 USD
Robins Jason
See Remarks
- 11
41.47 USD
8 months ago
Feb 21, 2024
Sell 7.89 M USD
Robins Jason
See Remarks
- 193051
40.87 USD
8 months ago
Feb 21, 2024
Sell 288 K USD
Robins Jason
See Remarks
- 6949
41.49 USD
9 months ago
Feb 08, 2024
Sell 29.5 M USD
Dodge R Stanton
Chief Legal Officer
- 686101
43.06 USD
9 months ago
Feb 08, 2024
Sell 19.4 M USD
Robins Jason
See Remarks
- 450000
43.06 USD
9 months ago
Jan 29, 2024
Sell 20.4 M USD
Liberman Paul
See Remarks
- 510000
40 USD
9 months ago
Jan 22, 2024
Sell 7.54 M USD
Robins Jason
See Remarks
- 199277
37.82 USD
9 months ago
Jan 22, 2024
Sell 27.8 K USD
Robins Jason
See Remarks
- 723
38.45 USD
9 months ago
Jan 22, 2024
Sell 2 M USD
Dodge R Stanton
Chief Legal Officer
- 52777
37.82 USD
10 months ago
Dec 20, 2023
Sell 8.64 M USD
Robins Jason
See Remarks
- 244821
35.3 USD
10 months ago
Dec 19, 2023
Sell 8.5 M USD
Robins Jason
See Remarks
- 238429
35.65 USD
10 months ago
Dec 19, 2023
Sell 7.21 K USD
Robins Jason
See Remarks
- 200
36.07 USD
11 months ago
Dec 13, 2023
Sell 8.84 M USD
Kalish Matthew
See Remarks
- 242000
36.51 USD
11 months ago
Dec 13, 2023
Sell 17.8 K USD
Kalish Matthew
See Remarks
- 478
37.21 USD
11 months ago
Dec 12, 2023
Sell 8.82 M USD
Kalish Matthew
See Remarks
- 241682
36.5 USD
11 months ago
Dec 06, 2023
Sell 8.13 M USD
Liberman Paul
See Remarks
- 228881
35.53 USD
11 months ago
Dec 06, 2023
Sell 677 K USD
Liberman Paul
See Remarks
- 18545
36.52 USD
11 months ago
Dec 05, 2023
Sell 8.12 M USD
Liberman Paul
See Remarks
- 223289
36.38 USD
11 months ago
Dec 05, 2023
Sell 867 K USD
Liberman Paul
See Remarks
- 23519
36.87 USD
11 months ago
Dec 01, 2023
Sell 2.05 M USD
Dodge R Stanton
Chief Legal Officer
- 52777
38.84 USD
11 months ago
Nov 29, 2023
Sell 4.75 M USD
Dodge R Stanton
Chief Legal Officer
- 123609
38.41 USD
11 months ago
Nov 28, 2023
Sell 5.08 M USD
Park Jason
Chief Financial Officer
- 134827
37.65 USD
11 months ago
Nov 28, 2023
Sell 233 K USD
Park Jason
Chief Financial Officer
- 6052
38.47 USD
11 months ago
Nov 21, 2023
Sell 28.7 M USD
Park Jason
Chief Financial Officer
- 750000
38.27 USD
11 months ago
Nov 21, 2023
Sell 7.65 M USD
Robins Jason
See Remarks
- 200000
38.27 USD
1 year ago
Nov 08, 2023
Sell 3.78 M USD
Dodge R Stanton
Chief Legal Officer
- 105554
35.82 USD
1 year ago
Nov 08, 2023
Sell 17.9 M USD
Robins Jason
See Remarks
- 500000
35.83 USD
1 year ago
Nov 03, 2023
Sell 110 K USD
Kalish Matthew
See Remarks
- 3202
34.2 USD
1 year ago
Nov 06, 2023
Sell 3.62 M USD
Kalish Matthew
See Remarks
- 105660
34.26 USD
7. News
DraftKings earnings, PFL goes international: YF Sports Report Who knew betting on the NFL would cost DraftKings (DKNG) $250 million? On this week's episode of Yahoo Finance Sports Report, host Joe Pompliano takes a look at the sports betting giant and breaks down why it took a financial hit at the expense of bettors taking massive wins. youtube.com - 2 days ago
DKNG on "Treadmill That Will Never Stop" in Sports Betting Space According to @LikeFolio's Andy Swan, sports betting trades are a double-edged sword. For one, he expects legalization in several states to serve as a tailwind. youtube.com - 2 days ago
Chief Future Officer: Alan Ellingson, DraftKings Chief Financial Officers now play a critical role in shaping corporate strategy and positioning organizations to meet future challenges. This episode profiles DraftKings CFO Alan Ellingson: the online sports betting operator has recently turned profitable, and he'll play a key role in the company's next phase of growth. youtube.com - 3 days ago
DraftKings Thrives as Sports Betting Booms Since a 2018 Supreme Court decision legalized sports betting in the US, it's become a $10 billion industry. Boston-based DraftKings is a leader in the sector. youtube.com - 3 days ago
How DraftKings Gets an Edge from AI Online sports betting operator DraftKings processes data from millions of users, with an eye to developing better products as well as reinforcing trust and safety. On Bloomberg Chief Future Officer, CFO Alan Ellingson and Co-Founder Paul Liberman tell Dani Burger how the company uses AI to support responsible gaming and constantly evaluate and improve the customer experience. youtube.com - 3 days ago
DraftKings Stock Analysis: Buy, Sell, or Hold? The mobile gaming company saw its customers winning more than usual in the recently completed quarter. fool.com - 4 days ago
DraftKings stock price inverse H&S points to a 15% pop DraftKings stock price has rallied for seven consecutive days, reaching its highest level since June 20 after publishing better earnings than expected. DKNG shares jumped to a high of $43, up by over 50% from its lowest level in August. invezz.com - 4 days ago
3-Stock Lunch: Cigna, Coinbase, & Draft Kings Victoria Greene, G Squared Private Wealth CIO, joins CNBC's 'Power Lunch' to discuss three stocks: Cigna, Coinbase, and Draft Kings. youtube.com - 5 days ago
Here is What to Know Beyond Why DraftKings Inc. (DKNG) is a Trending Stock Recently, Zacks.com users have been paying close attention to DraftKings (DKNG). This makes it worthwhile to examine what the stock has in store. zacks.com - 5 days ago
You Can Bet on DraftKings to Rebound in 2025 DraftKings' NASDAQ: DKNG share price struggles to advance in 2024, but the signs are clear that there is support for this stock. The technical action shows sustained support in the low end of a trading range, a strengthening base of support that will help propel the stock higher over the next year. marketbeat.com - 5 days ago
How does a gambling site lose money? DraftKings just lost $250 million in revenue — mostly on NFL games. The company experienced “the most customer-friendly stretch of NFL sport outcomes we have ever seen,” its CEO said. marketwatch.com - 1 week ago
2025 will be a 'bigger year for us': DraftKings CEO Sports betting platform DraftKings (DKNG) reported its third quarter results, falling short of revenue estimates. The company also reduced its full-year sales and profit outlook. youtube.com - 1 week ago
8. Profile Summary

DraftKings Inc. DKNG

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COUNTRY US
INDUSTRY Gambling, Resorts & Casinos
MARKET CAP $ 19.3 B
Dividend Yield 0.00%
Description 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.
Contact 222 Berkeley Street, Boston, MA, 02116 https://www.draftkings.com
IPO Date July 25, 2019
Employees 4400
Officers Mr. R. Stanton Dodge Esq. Chief Legal Officer & Secretary Mr. Alan Ellingson Chief Financial Officer Mr. Joseph DeCristofaro Vice President of Investor Relations Ms. Jennifer Aguiar Chief Compliance Officer Mr. Jason K. Park Chief Transformation Officer Mr. Jason D. Robins Co-Founder, Chairman & Chief Executive Officer Mr. Matthew Kalish Co-Founder, President of DraftKings North America & Director Mr. Erik Bradbury Chief Accounting Officer & Principal Accounting Officer Ms. Lori Kalani Chief Responsible Gaming Officer Mr. Paul Liberman Co-Founder, President of Global Technology & Product and Director