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Price
Target price
€18.31

€18.31

-12.540%
-2.658
-12.540%
€44.99
 
13.02.26 / Tradegate WKN: A3DL31 / Symbol: DKNG / Name: DraftKings / Stock / Large Cap /
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DraftKings Inc. Stock

DraftKings Inc. took a tumble today and lost -€2.658 (-12.540%).
The stock is one of the favorites of our community with 83 Buy predictions and 1 Sell predictions.
Based on the current price of 18.31 € the target price of 44 € shows a potential of 140.25% for DraftKings Inc. which would more than double the current price.
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.

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. (%) -0.97%
Target price 31.173
Change
Ends at 13.02.27

DraftKings (NASDAQ:DKNG) had its price target lowered by analysts at BTIG Research from $45.00 to $37.00. They now have a "buy" rating on the stock.
Ratings data for DKNG provided by MarketBeat
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Prediction Buy
Perf. (%) 1.63%
Target price 24.433
Change
Ends at 13.02.27

DraftKings (NASDAQ:DKNG) had its price target lowered by analysts at Benchmark Co. from $37.00 to $29.00. They now have a "buy" rating on the stock.
Ratings data for DKNG provided by MarketBeat
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DraftKings (NASDAQ:DKNG) had its "outperform" rating reaffirmed by analysts at BMO Capital Markets.
Ratings data for DKNG provided by MarketBeat
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News

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

Prediction Markets Are Growing Across the United States. Here Are 3 Companies Tapping Into Their Popularity.: https://g.foolcdn.com/editorial/images/849885/23_09_13-three-people-watching-an-online-video-stream-of-their-favorite-sport-on-a-mobile-device-_mf-dload.jpg
Prediction Markets Are Growing Across the United States. Here Are 3 Companies Tapping Into Their Popularity.

Prediction markets are a fascinating development, since they allow a person to, basically, put their money where their mouth is. With money on the line, predictions are expected to be more reliable