DKNG Stock Price, DraftKings Inc Quote, Chart

Market Summary

USD41.19+0.64

Market Closed

1.58%

DKNG Stock Price

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DKNG RSI Chart

DKNG Valuation

Market Cap

35.7B

Price/Earnings (Trailing)

-44.5

Price/Sales (Trailing)

9.74

EV/EBITDA

-58.68

Price/Free Cashflow

-1.6K

DKNG Price/Sales (Trailing)

DKNG Profitability

Operating Margin

37.46%

EBT Margin

-21.59%

Return on Equity

-95.46%

Return on Assets

-20.33%

Free Cashflow Yield

-0.06%

DKNG Fundamentals

DKNG Revenue

Revenue (TTM)

3.7B

Rev. Growth (Yr)

43.94%

Rev. Growth (Qtr)

55.81%

DKNG Earnings

Earnings (TTM)

-802.1M

Earnings Growth (Yr)

81.61%

Earnings Growth (Qtr)

84.24%

Breaking Down DKNG Revenue

Last 7 days

-8.3%

Last 30 days

-12.7%

Last 90 days

7.1%

How does DKNG drawdown profile look like?

DKNG Financial Health

Current Ratio

1.34

DKNG Investor Care

Shares Dilution (1Y)

2.60%

Diluted EPS (TTM)

-1.74

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	2.6B	3.0B	3.3B	3.7B
2022	1.4B	1.6B	1.9B	2.2B
2021	784.9M	955.3M	1.1B	1.3B
2020	0	0	0	614.5M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of DraftKings Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 01, 2024	dodge r stanton	acquired	-	-	857	chief legal officer
Apr 01, 2024	dodge r stanton	sold (taxes)	-16,852	44.94	-375	chief legal officer
Mar 23, 2024	dodge r stanton	acquired	-	-	1,961	chief legal officer
Mar 23, 2024	dodge r stanton	sold (taxes)	-40,497	47.2	-858	chief legal officer
Mar 19, 2024	liberman paul	acquired	-	-	23,445	see remarks
Mar 19, 2024	liberman paul	sold (taxes)	-496,290	43.78	-11,336	see remarks
Mar 19, 2024	robins jason	acquired	-	-	43,382	see remarks
Mar 19, 2024	park jason	acquired	-	-	19,415	chief financial officer
Mar 19, 2024	dodge r stanton	acquired	-	-	18,273	chief legal officer
Mar 19, 2024	kalish matthew	acquired	-	-	23,520	see remarks

Which funds bought or sold DKNG recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	added	7.39	5,830,540	21,036,900	0.01%
Apr 22, 2024	MetLife Investment Management, LLC	reduced	-1.35	137,079	893,658	0.01%
Apr 22, 2024	Raymond James Financial Services Advisors, Inc.	added	22.26	5,704,140	15,625,400	0.02%
Apr 22, 2024	StoneCrest Wealth Management, Inc.	added	9.61	325,149	1,114,360	0.96%
Apr 22, 2024	IFM Investors Pty Ltd	unchanged	-	850,950	3,803,950	0.04%
Apr 22, 2024	PFG Investments, LLC	added	61.56	549,051	1,056,830	0.06%
Apr 22, 2024	Stonegate Investment Group, LLC	added	40.62	13,164	38,812	-%
Apr 22, 2024	Accordant Advisory Group Inc	new	-	4,541	4,541	-%
Apr 22, 2024	Greystone Financial Group, LLC	added	14.6	246,645	764,432	0.15%
Apr 22, 2024	Transcendent Capital Group LLC	unchanged	-	-	26,438	0.02%

Are Funds Buying or Selling DKNG?

Are funds buying DKNG calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own DKNG

No. of Funds

Unveiling DraftKings Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	8.42%	39,263,911	SC 13G/A
Feb 10, 2023	ark investment management llc	5.58%	25,032,084	SC 13G/A
Feb 09, 2022	ark investment management llc	5.17%	20,996,534	SC 13G
Feb 09, 2022	vanguard group inc	6.48%	26,338,845	SC 13G/A
May 28, 2021	meckenzie shalom	0.7%	2,652,329	SC 13D/A
Feb 10, 2021	vanguard group inc	6.00%	23,505,638	SC 13G
Feb 10, 2021	walt disney co	4.8%	18,718,527	SC 13G/A
Oct 13, 2020	rpii dk llc	4.5%	16,895,490	SC 13D/A
Oct 13, 2020	meckenzie shalom	6.2%	23,611,173	SC 13D/A
Jun 25, 2020	meckenzie shalom	8.7%	30,560,261	SC 13D/A

Recent SEC filings of DraftKings Inc

View All Filings

Date Filed	Form Type	Document
Apr 22, 2024	144	Notice of Insider Sale Intent
Apr 16, 2024	PX14A6G	PX14A6G
Apr 03, 2024	4	Insider Trading
Mar 26, 2024	4	Insider Trading
Mar 22, 2024	ARS	ARS
Mar 22, 2024	DEF 14A	DEF 14A
Mar 22, 2024	DEFA14A	DEFA14A
Mar 21, 2024	4	Insider Trading
Mar 21, 2024	4	Insider Trading
Mar 21, 2024	4	Insider Trading

Peers (Alternatives to DraftKings Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
BKNG	120.8B	21.4B	-2.50%	31.88%	28.16	5.65	25.01%	40.26%
ABNB	102.5B	9.9B	-4.12%	38.61%	21.4	10.34	18.07%	153.14%
DKNG	35.7B	3.7B	-12.73%	-	-44.5	9.74	63.60%	41.79%
RCL	35.1B	13.9B	0.48%	118.99%	20.67	2.52	57.24%	178.71%
CCL	16.6B	22.6B	-13.41%	59.38%	40.99	0.74	77.46%	108.27%
MGM	13.7B	16.2B	-3.62%	-4.22%	12	0.85	23.13%	-22.46%
MID-CAP
NCLH	8.3B	8.5B	-5.51%	49.89%	50.1	0.97	76.51%	107.32%
HAS	8.1B	5.0B	6.02%	12.39%	-5.42	1.61	-14.57%	-831.84%
MAT	6.5B	5.4B	-3.55%	8.95%	30.09	1.19	0.12%	-45.58%
PENN	2.7B	6.4B	0.93%	-41.06%	-5.42	0.42	-0.61%	-320.62%
SMALL-CAP
PTON	1.1B	2.7B	-25.71%	-66.60%	-1.29	0.41	-10.55%	68.37%
ACEL	979.7M	1.2B	-0.09%	35.14%	21.48	0.84	20.69%	-38.46%
AGS	340.8M	356.5M	-1.25%	55.18%	796.36	0.96	15.22%	105.33%
CLAR	235.2M	286.0M	-10.87%	-36.27%	-23.18	0.82	-9.27%	85.46%
CNTY	94.4M	550.2M	16.92%	-55.89%	-3.35	0.17	27.80%	-453.54%

DraftKings Inc News

Latest updates

DraftKings Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4
Revenue	55.8%	1,230,857,000	789,957,000	874,927,000	769,652,000	855,133,000	501,938,000	466,185,000	417,205,000	473,325,000	212,819,000	297,605,000	312,276,000	-
Cost Of Revenue	31.9%	716,658,000	543,454,000	510,323,000	521,740,000	485,435,000	372,692,000	312,767,000	313,379,000	253,182,000	170,749,000	187,006,000	183,225,000	-
S&GA Expenses	-7.2%	290,775,000	313,323,000	207,487,000	389,133,000	345,282,000	321,714,000	197,529,000	321,452,000	278,444,000	303,658,000	170,712,000	228,686,000	-
EBITDA Margin	33.2%	-0.16	-0.24	-0.31	-0.45	-0.56	-0.74	-0.95	-1.07	-1.08	-1.03	-1.21	-1.47	-1.88
Interest Expenses	2.7%	688,000	670,000	666,000	655,000	669,000	668,000	661,000	653,000	1,038,000	-1,556,000	1,642,000	985,000	-
Income Taxes	431.4%	6,860,000	1,291,000	651,000	1,368,000	9,714,000	3,177,000	-81,226,000	469,000	6,615,000	3,845,000	2,404,000	-4,595,000	-
Earnings Before Taxes	86.7%	-37,492,000	-281,804,000	-76,296,000	-395,661,000	-232,567,000	-447,267,000	-298,251,000	-464,873,000	-322,949,000	-540,981,000	-302,928,000	-350,786,000	-
EBT Margin	28.0%	-0.22	-0.30	-0.38	-0.53	-0.64	-0.82	-1.04	-1.16	-1.17	-1.09	-1.29	-1.57	-2.00
Net Income	84.2%	-44,621,000	-283,103,000	-77,270,000	-397,148,000	-242,697,000	-450,494,000	-217,103,000	-467,693,000	-326,297,000	-545,028,000	-305,526,000	-346,344,000	-
Net Income Margin	28.0%	-0.22	-0.30	-0.39	-0.50	-0.62	-0.79	-0.99	-1.17	-1.18	-1.09	-1.29	-1.57	-2.00
Free Cashflow	-47.4%	71,050,000	135,159,000	-20,276,000	-208,586,000	-160,957,000	46,796,000	-178,428,000	-365,332,000	-177,001,000	-75,836,000	-120,470,000	-62,126,000	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet									(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Assets	2.2%	3,945	3,862	3,606	3,739	4,040	4,192	4,154	3,746	4,069
Current Assets	5.3%	2,071	1,968	1,719	1,806	2,085	2,193	2,138	2,398	2,753
Cash Equivalents	14.3%	1,271	1,112	1,114	1,088	1,309	1,383	1,514	1,773	2,153
Net PPE	-6.5%	61.00	65.00	60.00	62.00	60.00	58.00	54.00	50.00	46.00
Goodwill	0%	886	886	886	886	886	894	894	616	616
Liabilities	1.5%	3,105	3,060	2,588	2,721	2,717	2,757	2,390	2,361	2,391
Current Liabilities	1.4%	1,550	1,528	1,077	1,232	1,246	1,285	921	913	929
Shareholder's Equity	4.9%	840	801	1,018	1,018	1,323	1,435	1,764	1,386	1,679
Retained Earnings	-0.8%	-5,933	-5,889	-5,606	-5,528	-5,131	-4,889	-4,438	-4,221	-3,753
Additional Paid-In Capital	1.5%	7,150	7,046	6,961	6,870	6,750	6,616	6,490	5,891	5,702
Float	-	-	-	10,900	-	-	-	5,000	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)													(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4
Cashflow From Operations	-50.4%	72,067	145,395	-17,721	-201,492	-148,458	52,242	-172,585	-356,718	-172,247	-70,886	-116,638	-59,737	-
Share Based Compensation	44.9%	113,517	78,353	89,193	117,400	130,163	126,038	135,521	187,077	184,047	175,664	171,739	151,843	-
Cashflow From Investing	41.3%	-23,442	-39,966	612	-27,564	-36,834	-24,464	-124,403	-23,065	-76,327	-18,116	-48,658	-51,921	-
Cashflow From Financing	-0.4%	-12,712	-12,661	-12,682	-25,166	111	-4,312	-218	-12,313	4,684	2,218	3,143	1,128,768	-
Buy Backs	13.9%	20,698	18,167	13,826	27,358	3,507	4,536	3,393	14,083	3,496	4,437	6,773	3,124	-

DKNG Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Revenue	$ 3,665,393	$ 2,240,461	$ 1,296,025
Cost of revenue	2,292,175	1,484,273	794,162
Sales and marketing	1,200,718	1,185,977	981,500
Product and technology	355,156	318,247	253,655
General and administrative	606,569	763,720	828,325
Loss from operations	(789,225)	(1,511,756)	(1,561,617)
Other income (expense):
Interest income	58,418	21,353	4,066
Interest expense	(2,679)	(2,651)	(2,109)
(Loss) gain on remeasurement of warrant liabilities	(57,543)	29,396	30,065
Other (loss) gain, net	(224)	20,700	11,951
Loss before income tax (benefit) provision	(791,253)	(1,442,958)	(1,517,644)
Income tax (benefit) provision	10,170	(67,866)	8,269
Loss (income) from equity method investment	719	2,895	(2,718)
Net loss attributable to common stockholders	$ (802,142)	$ (1,377,987)	$ (1,523,195)
Loss per share attributable to common stockholders (in dollars):
Basic (in dollars per share)	$ (1.73)	$ (3.16)	$ (3.78)
Diluted (in dollars per share)	$ (1.73)	$ (3.16)	$ (3.78)

DKNG Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 1,270,503	$ 1,309,172
Restricted cash	11,700	0
Cash reserved for users	341,290	469,653
Receivables reserved for users	301,770	160,083
Accounts receivable	47,539	51,097
Prepaid expenses and other current assets	98,565	94,836
Total current assets	2,071,367	2,084,841
Noncurrent assets:
Property and equipment, net	60,695	60,102
Intangible assets, net	690,620	776,934
Goodwill	886,373	886,373
Operating lease right-of-use assets	93,985	65,957
Equity method investments	10,280	10,080
Deposits and other non-current assets	131,546	155,865
Total assets	3,944,866	4,040,152
Current liabilities:
Accounts payable and accrued expenses	639,599	517,587
Liabilities to users	851,898	686,173
Operating lease liabilities, current portion	11,499	4,253
Other current liabilities	46,624	38,444
Total current liabilities	1,549,620	1,246,457
Noncurrent liabilities:
Convertible notes, net of issuance costs	1,253,760	1,251,103
Non-current operating lease liabilities	80,827	69,332
Warrant liabilities	63,568	10,680
Long-term income tax liabilities	72,810	69,858
Other long-term liabilities	83,975	70,029
Total liabilities	3,104,560	2,717,459
Commitments and contingent liabilities (Notes 7 and 15)
Stockholders’ equity:
Treasury stock, at cost; 11,901 and 8,690 shares as of December 31, 2023 and December 31, 2022, respectively	(412,182)	(332,133)
Additional paid-in capital	7,149,858	6,750,055
Accumulated deficit	(5,933,943)	(5,131,801)
Accumulated other comprehensive income	36,488	36,488
Total stockholders’ equity	840,306	1,322,693
Total liabilities and stockholders’ equity	3,944,866	4,040,152
Class A Common Stock
Stockholders’ equity:
Common stock	46	45
Class B Common Stock
Stockholders’ equity:
Common stock	$ 39	$ 39

About DraftKings Inc

DraftKings Inc. operates a digital sports entertainment and gaming company. It offers multi-channel sports betting and gaming technologies, powering sports and gaming entertainment for operators in 17 countries. The company operates iGaming through its DraftKings brand in 5 states, as well as operates Golden Nugget Online Gaming, an iGaming product and gaming brand in 3 states. Its Sportsbook is live with mobile and/or retail betting operations in the United States pursuant to regulations in 18 states. The company's daily fantasy sports product is available in 6 countries internationally with 15 distinct sports categories. In addition, it offers DraftKings Marketplace, a digital collectibles ecosystem designed for mainstream accessibility that offers curated NFT drops and supports secondary-market transactions, as well as owns Vegas Sports Information Network (VSiN), a multi-platform broadcast and content company. DraftKings Inc. was founded in 2011 and is headquartered in Boston, Massachusetts.

CEO	Mr. Jason D. Robins
WEBSITE	draftkings.com
INDUSTRY	Leisure
EMPLOYEES	4200

DraftKings Inc Frequently Asked Questions

What is the ticker symbol for DraftKings Inc? What does DKNG stand for in stocks?

DKNG is the stock ticker symbol of DraftKings Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of DraftKings Inc (DKNG)?

As of Tue Apr 23 2024, market cap of DraftKings Inc is 35.7 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of DKNG stock?

You can check DKNG's fair value in chart for subscribers.

What is the fair value of DKNG stock?

You can check DKNG's fair value in chart for subscribers. The fair value of DraftKings Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of DraftKings Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for DKNG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is DraftKings Inc a good stock to buy?

The fair value guage provides a quick view whether DKNG is over valued or under valued. Whether DraftKings Inc is cheap or expensive depends on the assumptions which impact DraftKings Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for DKNG.

What is DraftKings Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, DKNG's PE ratio (Price to Earnings) is -44.5 and Price to Sales (PS) ratio is 9.74. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. DKNG PE ratio will change depending on the future growth rate expectations of investors.