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DraftKings Inc. Stock

Price
Target price
€32.37

€32.37

-1.920%
-0.635
-1.920%
€45.75

€45.75

 
Buy 62 Sell 4
Buy 62
Sell 4
31.05.24 / Tradegate WKN: A3DL31 / Symbol: DKNG / Name: DraftKings / Stock / Large Cap /
Latest predictions
€46.09
29.05.24
-3.66%
buy
€55.14
28.05.24
-6.31%
buy
€55.14
28.05.24
-6.31%
buy
€55.26
15.05.24
-22.21%
buy
€47.32
06.05.24
-19.82%
buy
€50.11
06.05.24
-19.82%
buy
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Your prediction
Pros and Cons of DraftKings Inc. in the next few years
Wizard

DraftKings Inc. Stock

A loss of -1.920% shows a downward development for DraftKings Inc..
The stock is one of the favorites of our community with 62 Buy predictions and 4 Sell predictions.
As a result the target price of 45 € shows a positive potential of 39.02% compared to the current price of 32.37 € for DraftKings Inc..
For the coming years our community has positive and negative things to say abot the DraftKings Inc. stock. Criterium "Revenue growth" gathered the most positive votes but regarding "General Risks" there were negative voices in the community.
What does DraftKings do?

Pros and Cons of DraftKings Inc. in the next few years

Pros
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Tell us your opinion to access the 'Wisdom of the Crowds'
Your Opinion
Legal notice

sharewise BeanCounterBot

The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.
Last updated at 2023-11-15

From the initial sweep of the financial data for DraftKings (DKNG), it appears the company is facing some financial challenges. The enterprise value sits at approximately $15.37 billion, which is somewhat robust; however, the devil lies in the details. The company has a negative EBITDA of $795 million and a profit margin of -30.41%, which are concerning figures. Additionally, the earnings per share (EPS) are also in the negatives, at -2.03$ per share. This data raises several eyebrows regarding the company's performance and management.

Detailed Analysis: Pros and Cons

One advantage of DKNG is the significant revenue growth. The quarterly revenue growth year over year is 57.4%, which implies the company is rapidly expanding in its market. With a trailing twelve months (TTM) revenue of approximately $3.29 billion, it is clear the company has a solid top-line growth and still has the potential for further expansion.

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Comments

Prediction Buy
Perf. (%) -3.66%
Target price 46.085
Change
Ends at 29.05.25

DraftKings Inc. (NASDAQ: DKNG) had its price target lowered by analysts at Stifel Nicolaus from $51.00 to $50.00. They now have a "buy" rating on the stock.
Ratings data for DKNG provided by MarketBeat
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Stifel Nicolaus 
0
Report Share
29.05.24
Prediction Buy
Perf. (%) -6.31%
Target price 55.140
Change
Ends at 28.05.25

DraftKings Inc. (NASDAQ: DKNG) had its "outperform" rating re-affirmed by analysts at Oppenheimer Holdings Inc.. They now have a $60.00 price target on the stock.
Ratings data for DKNG provided by MarketBeat
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Oppenheimer Holdings Inc. 
0
Report Share
28.05.24
Prediction Buy
Perf. (%) -6.31%
Target price 55.140
Change
Ends at 28.05.25

DraftKings Inc. (NASDAQ: DKNG) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $60.00 price target on the stock.
Ratings data for DKNG provided by MarketBeat
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Needham & Company LLC 
0
Report Share
28.05.24
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News

Could Investing $100,000 in DraftKings Stock Make You a Millionaire?: https://g.foolcdn.com/editorial/images/778843/draftkings_dkng_stock_sports_betting_gambling.jpg
Could Investing $100,000 in DraftKings Stock Make You a Millionaire?

It's a good news/bad news situation for U.S. sports betting businesses like DraftKings (NASDAQ: DKNG), it seems. The good news is that gambling facilitators are raking in plenty of revenue nowadays

TheMotleyFool 
0 01.06.24
Massive News for DraftKings Stock Investors: https://g.foolcdn.com/editorial/images/778962/gettyimages-1203756611.jpg
Massive News for DraftKings Stock Investors

Fool.com contributor Parkev Tatevosian discusses what the news could mean for DraftKings (NASDAQ: DKNG) stock investors.

*Stock prices used were the afternoon prices of May 27, 2024. The video was

TheMotleyFool 
0 30.05.24
Where Will DraftKings Stock Be in 5 Years?: https://g.foolcdn.com/editorial/images/778468/gettyimages-1270093714.jpg
Where Will DraftKings Stock Be in 5 Years?

DraftKings (NASDAQ: DKNG) has been a great stock to own over the past year, with the stock up over 55% during that period. However, it's not hard to imagine that the best days are still ahead for

TheMotleyFool 
0 29.05.24