DraftKings Inc. Stock

Price

Target price

/ Tradegate WKN: A3DL31 / Symbol: DKNG / Name: DraftKings / Stock / Large Cap /

Latest predictions

buy

Your prediction

DraftKings Inc. Stock

DraftKings Inc. shows a slight decrease today, losing -€0.100 (-0.460%) compared to yesterday.

The stock is one of the favorites of our community with 86 Buy predictions and 1 Sell predictions.

As a result the target price of 36 € shows a very positive potential of 67.44% compared to the current price of 21.5 € 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

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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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