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USConsumer Cyclical

DraftKings Inc (DKNG)

US · Consumer Cyclical · Gambling

$22.47-7.64%
Last close · 2026-09-17

Latest quarter · ended 2026-06-30

Revenue
$1.44B
Revenue YoY
-4.6%
Net profit
$-67.6M
Profit YoY
-142.8%
EPS
$-0.08
EPS estimate
$0.08
Net margin
-4.7%

EPS came in at -0.08 against a street estimate of 0.08 — a miss of 200.0%.

Key statistics

Market cap
$12.34B
Forward P/E
14.7
P/B
21.57
Book value
$1.15
EPS (TTM)
$-0.35
52-week high
$44.22
52-week low
$20.46
50-day MA
$24.63
200-day MA
$26.62
Beta
1.63

Analyst view

Analysts rate DraftKings Inc a buy (27 buy, 5 hold, 0 sell out of 32) with an average price target of $35.20.

From the latest earnings call · 2026-08-07

CONFIDENT Q2 beat on customer acquisition (75% YoY) and CAC efficiency despite $80M sport headwind. Core business tracks to $1B EBITDA in 2026. Predictions ramping faster than expected with 600K customers; vertical integration of exchange, broker, market-maker positions structural advantage. Q2 FY26 No regional breakdown provided; all customers stated as North America-based. Analysts pressed on Predictions cannibalization risk, competitive promotional intensity, and predictability of customer acquisition economics. Management emphasized focus on non-OSB states, historical precedent for promo efficiency, and data-driven flexibility to exceed guidance if CAC environment warrants. 2026-08-07…

Full summary in the app.

Shareholding

Insiders
8.62%
Institutions
82.97%

Largest institutional holders

FundStake
HHG PLC5.57%
BlackRock Inc5.36%
Capital World Investors5.00%
AQR Capital Management LLC4.60%
Vanguard Capital Management, LLC4.29%
Vanguard Portfolio Management, LLC3.75%
CIBC Bancorp USA Inc.2.46%
NORGES BANK2.39%

Recent filings & reports

DocumentDate
Material agreement · Q3 2026
DRAFTKINGS INC. – FORM 8-K SUMMARY (August 25, 2026) HEADLINE NUMBERS • Company closed a second amendment to its credit agreement on August 25, 2026
2026-08-25
Quarterly report · Q2 2026
DRAFTKINGS INC. - Q2 2026 10-Q SUMMARY HEADLINE NUMBERS • Revenue Q2 2026: $1,443,235 thousand ($1.44 billion) vs. Q2 2025: $1,512,507 thousand ($1.
2026-08-07
Results announced · Q3 2026
DRAFTKINGS INC. - Q2 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Q2 2026 Revenue: $1,443 million, down 5% from $1,513 million in Q2 2025 • Sports Consu
2026-08-07
Reg FD disclosure · Q2 2026
DRAFTKINGS INC. - FORM 8-K SUMMARY HEADLINE NUMBERS • Report Date: June 26, 2026 • Company: DraftKings Inc. (Nasdaq ticker: DKNG) • Headquarters: 22
2026-06-26
Reg FD disclosure · Q2 2026
DRAFTKINGS INC. – FORM 8-K SUMMARY HEADLINE NUMBERS • Predictions Consumer Volume (May 2026): $1.3 billion annualized, up 24% month-over-month from
2026-06-09
Quarterly report · Q1 2026
DRAFTKINGS INC. - Q1 2026 10-Q SUMMARY HEADLINE NUMBERS • Revenue: $1,646.1 million (Q1 2026) vs. $1,408.8 million (Q1 2025) — +16.8% year-over-year
2026-05-08
Proxy statement · Q2 2026
DRAFTKINGS INC. — 2026 PROXY STATEMENT SUMMARY CEO COMPENSATION • Jason D. Robins (CEO and Chairman): Total compensation figure not specified in pro
2026-03-26
Annual report FY2025
DRAFTKINGS INC. - 10-K SUMMARY FOR RETAIL INVESTORS HEADLINE NUMBERS • Revenue: $6,054.5 million (2025), $4,767.7 million (2024), $3,665.4 million (
2026-02-13

Readable in the app.

Deals & corporate news

AnnouncementDate
Board authorizes $2.0 billion share repurchase program, doubling previous authorization
DraftKings announced Q3 2025 financial results on November 6, 2025. While specific revenue and earnings figures aren't detailed in this 8-K filing itself (they're in the attached press relea
2025-11-07

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Data updated 2026-09-18.