DraftKings
DKNG
Market cap $22B

44.27 USD

+0.67

1.54%

Updated Jul 30, 11:42 AM EDT

1 day

1.54%

5 days

-1.29%

1 month

3.22%

3 months

32.98%

6 months

3.60%

Year to date

21.99%

1 year

23.42%

5 years

27.25%

10 years

351.73%

About: DraftKings got its start in 2012 as an innovator in daily fantasy sports. Then, following a Supreme Court ruling in 2018 that allowed states to legalize online sports wagering, the company expanded into online sports and casino gambling, where it generally holds the number two or three revenue share position across states in which it competes. DraftKings is now live with online or retail sports betting in 28 states and iGaming in five states, with both products available to around 40% of Canada's population. In 2024, sports revenue was 61% of total sales, i-gaming 32%, and fantasy and lottery 7%. The company also operates a non-fungible token commissioned-based marketplace and develops and licenses online gaming products.

Employees: 5,100

Consumer Discretionary Gambling

0

Funds holding %

of 7,323 funds

0

Analysts bullish %

of 15 analysts

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

67% more call options, than puts

Call options by funds: $1.29B | Put options by funds: $771M

36% more repeat investments, than reductions

Existing positions increased: 308 | Existing positions reduced: 227

22% more first-time investments, than exits

New positions opened: 133 | Existing positions closed: 109

7% more funds holding in top 10

Funds holding in top 10: 14 [Q4 2024] → 15 (+1) [Q1 2025]

0.27% more ownership

Funds ownership: 81.28% [Q4 2024] → 81.56% (+0.27%) [Q1 2025]

0% more funds holding

Funds holding: 798 [Q4 2024] → 800 (+2) [Q1 2025]

8% less capital invested

Capital invested by funds: $14.7B [Q4 2024] → $13.6B (-$1.17B) [Q1 2025]

See Fund Rankings

Research analyst outlook

15 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$50

13%

upside

Avg. target

$54

22%

upside

High target

$60

36%

upside

15 analyst ratings

15 positive

100%

0 neutral

0%

0 negative

0%

Susquehanna Joseph Stauff	36%upside $60	Positive Maintained	25 Jul 2025
Barclays Brandt Montour	15%upside $51	Overweight Maintained	18 Jul 2025
Stifel Jeffrey Stantial	15%upside $51	Buy Maintained	16 Jul 2025
Truist Securities Barry Jonas	24%upside $55	Buy Maintained	16 Jul 2025
Benchmark Mike Hickey	13%upside $50	Buy Maintained	15 Jul 2025

See Analyst Rankings

Financial journalist opinion

Based on 24 articles about DKNG published over the past 30 days

Zacks Investment Research

DraftKings (DKNG) Stock Dips While Market Gains: Key Facts

DraftKings (DKNG) concluded the recent trading session at $44.04, signifying a -1.74% move from its prior day's close.

DraftKings (DKNG) Stock Dips While Market Gains: Key Facts

Zacks Investment Research

LNW or DKNG: Which Is the Better Value Stock Right Now?

Investors interested in stocks from the Gaming sector have probably already heard of Light & Wonder (LNW) and DraftKings (DKNG). But which of these two companies is the best option for those looking for undervalued stocks?

LNW or DKNG: Which Is the Better Value Stock Right Now?

Zacks Investment Research

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.

Here is What to Know Beyond Why DraftKings Inc. (DKNG) is a Trending Stock

DraftKings: High-Reward Gaming Bet - Prediction Prospects Appear Compelling

DKNG's lowered FY2025 guidance has been similarly observed in its direct peer, FLUT, thanks to the "adverse March Madness sports results." With it remaining to be seen how Q2'25 and H2'25 may develop, worsened by the ongoing regulatory headwinds observed in the gaming industry, there may be more near-term volatilities indeed. Even so, there is no denying DKNG's growing bottom-lines/ robust performance metrics in FQ1'25 and the enviable position as the second largest iGaming player in the US.

DraftKings: High-Reward Gaming Bet - Prediction Prospects Appear Compelling

DraftKings to Release Second Quarter 2025 Results on August 6, 2025 and Host Conference Call on August 7, 2025

BOSTON, July 22, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (the “Company” or “DraftKings”) today announced that it will release its second quarter 2025 results after the close of market trading on Wednesday, August 6, 2025. DraftKings will host a conference call and audio webcast the following morning, Thursday, August 7, 2025, at 8:30 a.m.

DraftKings to Release Second Quarter 2025 Results on August 6, 2025 and Host Conference Call on August 7, 2025

DraftKings Makes Royal Debut in Online Sports Betting and iGaming Industry, While Bluesky Receives Highest Social Media Score Ever, ACSI Data Show

ANN ARBOR, Mich.--(BUSINESS WIRE)-- #ACSI--Customer satisfaction among video streaming services slips, while social media and subscription TV are stable, according to the ACSI.

DraftKings Makes Royal Debut in Online Sports Betting and iGaming Industry, While Bluesky Receives Highest Social Media Score Ever, ACSI Data Show

3 Stocks Soared After This Tool Flagged Them — and Here Are 2 More

Tom Yeung here with your Sunday Digest . In January, I introduced TradeSmith's latest trading strategy, a tool that CEO Keith Kaplan called their biggest breakthrough since creating TradeStops 20 years ago.

3 Stocks Soared After This Tool Flagged Them — and Here Are 2 More

Trump Tailwind? How the BBB Could Boost DraftKings Stock

President Donald Trump made headlines with the signing of his first major piece of legislation: the One Big Beautiful Bill (BBB). Most of the attention has gone toward the extension of Trump's tax cuts and changes to federal programs like Medicaid.

Trump Tailwind? How the BBB Could Boost DraftKings Stock

Zacks Investment Research

DraftKings (DKNG) Stock Declines While Market Improves: Some Information for Investors

In the most recent trading session, DraftKings (DKNG) closed at $43.36, indicating a -1% shift from the previous trading day.

DraftKings (DKNG) Stock Declines While Market Improves: Some Information for Investors

Rivian Unseats Lucid, DraftKings Ousts Plug Power In Russell 1000 Shake-Up

Each year, FTSE Russell recalibrates its U.S. indexes to ensure they accurately represent the evolving market. The Russell 1000 Index, comprising the largest 1,000 U.S. companies by market cap, saw some notable additions and exclusions in 2025.

Rivian Unseats Lucid, DraftKings Ousts Plug Power In Russell 1000 Shake-Up

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