DraftKings

DKNG

Market cap $11.4B

Investment firm Bernstein estimates that by 2030, prediction market volumes will surge to roughly $1 trillion.  Dollar volumes on the markets surged in 2024, spurred by the U.S. presidential election, then expanded further in 2025 thanks to sports, crypto and macro/political contracts.

DraftKings' iGaming and lottery units are quietly driving growth, boosting stability and diversifying revenue beyond its more volatile sportsbook business.

The latest trading day saw DraftKings (DKNG) settling at $22.51, representing a +1.24% change from its previous close.

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

DraftKings (NASDAQ:DKNG | DKNG Price Prediction) trades at $23.94 as of writing, sitting 26% below its 52-week high and down 30.53% year-to-date.

DraftKings (NASDAQ:DKNG | DKNG Price Prediction) stock is down 6% in Thursday afternoon trading, falling from a prior close of $23.94 to $22 and change.

DraftKings is pouring tens of millions into Predictions, but no 2026 revenues are assumed as the new vertical remains in investment mode.

In the most recent trading session, DraftKings (DKNG) closed at $22.9, indicating a -1.12% shift from the previous trading day.

Recently, Zacks.com users have been paying close attention to DraftKings (DKNG). This makes it worthwhile to examine what the stock has in store.

DKNG hits 17% EBITDA margin in Q4 2025, but reinvestment plans and volatile tailwinds raise questions about how durable these gains can be.