Draftkings Inc's fundamentals are relatively very healthy, and its growth potential is significant.Its valuation is considered fairly valued, ranking 20/125 in the Hotels & Entertainment Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 44.84.In the medium term, the stock price is expected to trend down.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Draftkings Inc's Score
Industry at a Glance
Industry Ranking
20 / 125
Overall Ranking
82 / 4582
Industry
Hotels & Entertainment Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
37
analysts
Buy
Current Rating
44.838
Target Price
+26.09%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Draftkings Inc Highlights
StrengthsRisks
DraftKings Inc. is a digital sports entertainment and gaming company. It provides users with online and retail sports betting (together, Sportsbook), online casino (iGaming) and daily fantasy sports product offerings, as well as digital lottery courier, media, and other product offerings. Sportsbook is live with mobile and/or retail sports betting operations pursuant to regulations in 28 states, Washington, D.C., and in Ontario, Canada. It operates iGaming pursuant to regulations in five states and in Ontario, Canada under its DraftKings brand and pursuant to regulations in four states under its Golden Nugget Online Gaming brand. It owns Jackpocket, a digital lottery courier app in the United States. It is both an official daily fantasy and sports betting partner of the NFL, NHL, PGA TOUR, WNBA and UFC, as well as an official daily fantasy partner of NASCAR, an official sports betting partner of the NBA. It also owns and operates DraftKings Network, a multi-platform content ecosystem.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 112.80% year-on-year.
Undervalued
The company’s latest PE is -62.83, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 418.61M shares, decreasing 0.02% quarter-over-quarter.
DraftKings Inc. is a digital sports entertainment and gaming company. It provides users with online and retail sports betting (together, Sportsbook), online casino (iGaming) and daily fantasy sports product offerings, as well as digital lottery courier, media, and other product offerings. Sportsbook is live with mobile and/or retail sports betting operations pursuant to regulations in 28 states, Washington, D.C., and in Ontario, Canada. It operates iGaming pursuant to regulations in five states and in Ontario, Canada under its DraftKings brand and pursuant to regulations in four states under its Golden Nugget Online Gaming brand. It owns Jackpocket, a digital lottery courier app in the United States. It is both an official daily fantasy and sports betting partner of the NFL, NHL, PGA TOUR, WNBA and UFC, as well as an official daily fantasy partner of NASCAR, an official sports betting partner of the NBA. It also owns and operates DraftKings Network, a multi-platform content ecosystem.
Ticker SymbolDKNG
CompanyDraftkings Inc
CEORobins (Jason D)
Websitehttps://draftkings.gcs-web.com/
FAQs
What is the current price of Draftkings Inc (DKNG)?
The current price of Draftkings Inc (DKNG) is 34.210.
What is the symbol of Draftkings Inc?
The ticker symbol of Draftkings Inc is DKNG.
What is the 52-week high of Draftkings Inc?
The 52-week high of Draftkings Inc is 53.610.
What is the 52-week low of Draftkings Inc?
The 52-week low of Draftkings Inc is 26.230.
What is the market capitalization of Draftkings Inc?
The market capitalization of Draftkings Inc is 16.99B.
What is the net income of Draftkings Inc?
The net income of Draftkings Inc is -507.29M.
Is Draftkings Inc (DKNG) currently rated as Buy, Hold, or Sell?
According to analysts, Draftkings Inc (DKNG) has an overall rating of Buy, with a price target of 44.838.
What is the Earnings Per Share (EPS TTM) of Draftkings Inc (DKNG)?
The Earnings Per Share (EPS TTM) of Draftkings Inc (DKNG) is -0.544.