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Price
Target price
€18.93

€18.93

-1.360%
-0.26
-1.360%
€43.66
 
20.02.26 / Tradegate WKN: A3DL31 / Symbol: DKNG / Name: DraftKings / Stock / Large Cap /
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DraftKings Inc. Stock

We can see a decrease in the price for DraftKings Inc.. Compared to yesterday it has lost -€0.260 (-1.360%).
With 84 Buy predictions and 1 Sell predictions DraftKings Inc. is one of the favorites of our community.
With a target price of 43 € there is potential for a 127.1% increase which would mean more than doubling the current price of 18.93 € for DraftKings Inc..
Our community identified positive and negative aspects for DraftKings Inc. stock for the coming years. 1 users see the criterium "Revenue growth" as a plus for the DraftKings Inc. stock. On the other hand our users think that "General Risks" could be a problem in the future.

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

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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.

Comments

Prediction Buy
Perf. (%) -0.65%
Target price 27.018
Change
Ends at 17.02.27

DraftKings (NASDAQ:DKNG) had its price target lowered by analysts at JPMorgan Chase & Co. from $41.00 to $32.00. They now have an "overweight" rating on the stock.
Ratings data for DKNG provided by MarketBeat
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Prediction Buy
Perf. (%) -0.65%
Target price 26.173
Change
Ends at 17.02.27

DraftKings (NASDAQ:DKNG) had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $54.00 to $31.00. They now have a "buy" rating on the stock.
Ratings data for DKNG provided by MarketBeat
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Prediction Buy
Perf. (%) -0.46%
Target price 33.772
Change
Ends at 17.02.27

DraftKings (NASDAQ:DKNG) had its price target lowered by analysts at Stifel Nicolaus from $44.00 to $40.00. They now have a "buy" rating on the stock.
Ratings data for DKNG provided by MarketBeat
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News

DraftKings Shares Slump Despite Strong Revenue Growth. Should Investors Buy the Stock on the Dip?: https://g.foolcdn.com/editorial/images/856714/gettyimages-1373109638.jpg
DraftKings Shares Slump Despite Strong Revenue Growth. Should Investors Buy the Stock on the Dip?

DraftKings (NASDAQ: DKNG) shares nosedived last week after the company reported strong growth but issued conservative guidance. The online sports betting stock is now trading down about 35% year to

Why DraftKings Stock Dropped Today: https://g.foolcdn.com/editorial/images/856556/dkng-stock-getty-images-draft_kings_logo_on_towel_dkng.jpg
Why DraftKings Stock Dropped Today

Shares of DraftKings (NASDAQ: DKNG) tumbled on Friday after the digital sports entertainment and gaming leader issued a tepid growth forecast.

By the close of trading, DraftKings' stock price was

Stock Market Today, Feb. 13: DraftKings Falls After 2026 Revenue Outlook Misses Expectations: https://cdn.content.foolcdn.com/images/1umn9qeh/production/f034a43c32c50fe7f75e8747c51761cad74f0a9d-1400x1250.png?rect=75,0,1250,1250&w=384&h=384&q=75&fit=crop&auto=format
Stock Market Today, Feb. 13: DraftKings Falls After 2026 Revenue Outlook Misses Expectations

DraftKings (NASDAQ:DKNG), an online sports betting, daily fantasy sports, and iGaming services provider, closed at $21.76, down 13.51%. The stock moved lower after Q4 earnings and 2026 guidance, as