DraftKings Inc. Stock
€22.70
Your prediction
DraftKings Inc. Stock
Pros and Cons of DraftKings Inc. in the next few years
Pros
Cons

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.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
News
3 Things I'll Be Looking for in DraftKings' Earnings Report on Thursday
It's been a tough stretch for DraftKings (NASDAQ: DKNG) shareholders. The stock is down nearly 50% from the 52-week high it reached in February, largely on worries that event-betting platforms like
Prediction Markets Are Coming: Can DraftKings & FanDuel Survive?
The NBA regular season got off to an inauspicious start last week when news of a massive FBI gambling probe hit, resulting in the arrests of several high-profile players and coaches.
Numerous
DraftKings Stock Lost 12.3% Last Month. Could Thursday's Earnings Help Turn Things Around?
October was a scary month indeed for DraftKings (NASDAQ: DKNG) as shares of the sportsbook operator tumbled 12.32%. A Halloween close of $30.59 took the stock to its lowest end-of-day price since


