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DKNG

Market Closed

DraftKings Inc.

DKNG Stock Price

RSI Chart

Valuation

Market Cap

3.7B

Price/Earnings

-2.46

Price/Sales

2.89

Price/Cashflow

-8.93

MarketCap/EBT

-2.47

Price/Sales

Profitability

Fundamentals

Revenue

Earnings

Price Action

Last 7 days

-7.0%

Last 30 days

3.8%

Last 90 days

-19.6%

Trailing 12 Months

-62.1%

Financial Health

Investor Care

Peers (Alternatives to DraftKings)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
202.5B
23.3B
-0.60% 11.58%
33.29
8.58
3.27% -18.82%
99.9B
32.3B
13.92% -8.73%
23.98
3.12
10.98% -21.85%
13.4B
4.7B
10.31% -14.53%
-3.01
2.87
14.02% 13.91%
MID-CAP
9.5B
16.3B
11.14% 18.09%
61.4
0.61
34.98% 314.11%
8.9B
5.9B
4.25% -48.08%
-0.97
1.52
56.12% -0.61%
7.7B
1.7B
8.87% -3.71%
16.08
4.57
12.17% 116.11%
6.7B
1.6B
-6.03% -11.48%
19.33
4.32
5.99% 85.11%
5.8B
4.6B
-1.37% -6.45%
21.79
1.32
29.15% 842.86%
3.7B
-
3.79% -62.06%
-2.46
2.89
- -
SMALL-CAP
1.2B
931.1M
0.14% -0.93%
12.57
1.24
7.95% 17.03%
455.9M
527.4M
0.40% 19.30%
79.69
0.86
7.21% 106.38%
264.1M
273.8M
14.98% -12.13%
8.05
0.95
28.12% 155.56%
248.5M
311.2M
-13.80% -52.36%
9.78
0.8
51.23% 197.18%
62.5M
16.5M
7.76% -71.38%
80.73
5.54
73.03% 84.32%

Financials for DraftKings

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2021Q42021Q32021Q22021Q12020Q4
Revenue13.2%1,2961,1451,065838615
  S&GA Expenses9.7%982895795670495
Earnings Before Taxes-5.5%-1,517.64-1,438.15-1,292.74-1,514.21-1,231.89
Net Income-5.8%-1,523.19-1,439.59-1,290.23-1,509.50-1,231.83
Balance Sheet
(In Millions)
Description(%) Q/Q2021Q42021Q32021Q22021Q12020Q4
Assets-4.5%4,0694,2594,3594,4833,439
  Current Assets-7.8%2,7532,9853,0573,2112,194
    Cash Equivalents-10.1%2,1532,3952,6472,8181,817
  Net PPE1.2%4645434341
  Goodwill-1.7%616626631612570
Liabilities-1.7%2,3912,4332,1542,162808
  Current Liabilities-1.1%929940647638554
Shareholder's Equity-8.1%1,6791,8262,2052,3212,631
  Retained Earnings-9.5%-3,753.81-3,427.52-2,882.49-2,576.96-2,230.62
  Additional Paid-In Capital3.6%5,7025,5065,3235,1345,067
Float-19,200----
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2021Q42021Q32021Q22021Q12020Q4
Cashflow From Operations-33.8%-419.51-313.56-223.56-221.15-194.16
  Share Based Compensation5.5%683648589472325
Cashflow From Investing-45.1%-195.02-134.40-129.27-272.93-227.34
Cashflow From Financing-40.8%1,1391,9241,9373,3572,306
  Buy Backs-94.1%18303299292289

Risks

What is the probability of a big loss on DKNG?

80.6%


Probability that DraftKings stock will be more than 20% underwater in next one year

80%


Probability that DraftKings stock will be more than 30% underwater in next one year.

58.3%


Probability that DraftKings stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does DKNG drawdown profile look like?

Y-axis is the maximum loss one would have experienced if DraftKings was unfortunately bought at previous high price.

Returns

Cumulative Returns on DKNG

10.9%


3-Year Cumulative Returns

Which funds bought or sold DKNG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-15
CONCOURSE FINANCIAL GROUP SECURITIES, INC.
SOLD OFF
-
-
-
-%
2022-11-15
JANE STREET GROUP, LLC
NEW
-
1,946,000
1,946,000
-%
2022-11-14
BAMCO INC /NY/
UNCHANGED
-
3,036,000
13,247,000
0.04%
2022-11-14
BERKSHIRE CAPITAL HOLDINGS INC
ADDED
5,762,300
8,723,000
8,724,000
3.51%
2022-11-14
C M BIDWELL & ASSOCIATES LTD
SOLD OFF
-100
-1,000
-
-%
2022-11-14
BREWIN DOLPHIN WEALTH MANAGEMENT LTD
SOLD OFF
-100
-3,000
-
-%
2022-11-14
Geneos Wealth Management Inc.
SOLD OFF
-100
-2,000
-
-%
2022-11-14
Corton Capital Inc.
SOLD OFF
-100
-496,000
-
-%
2022-11-14
MILLER WEALTH ADVISORS, LLC
SOLD OFF
-
-
-
-%
2022-11-14
ACME, LLC
UNCHANGED
-
1,063,000
4,636,000
4.16%

1–10 of 15

Latest Funds Activity

Are funds buying DKNG calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own DKNG

DraftKings News

Barron's

DraftKings, Beyond Meat, Sarepta, Wynn, and More Market Movers.12 hours ago

DKNG Fair Value

Latest Insider Trading transactions for DKNG

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-05-05
Moore Ryan R
GIVEN BACK TO IS
-
-
-31,601
-
2022-05-05
Kalish Matthew
GIVEN BACK TO IS
-
-
-196,279
See Remarks
2022-05-05
WALDEN MARNI M
GIVEN BACK TO IS
-
-
-114,371
-
2022-05-05
Liberman Paul
GIVEN BACK TO IS
-
-
-272,357
See Remarks
2022-05-05
Moore Jocelyn
GIVEN BACK TO IS
-
-
-10,434
-
2022-05-05
Park Jason
GIVEN BACK TO IS
-
-
-100,000
Chief Financial Officer
2022-05-05
Liberman Paul
GIVEN BACK TO IS
-
-
-13,597
See Remarks
2022-05-05
Liberman Paul
GIVEN BACK TO IS
-
-
-874,972
See Remarks
2022-05-05
Liberman Paul
GIVEN BACK TO IS
-
-
-200,000
See Remarks
2022-05-05
Levin Woodrow
GIVEN BACK TO IS
-
-
-10
-

1–10 of 50

Jason D. Robins
3400
DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally. It operates through two segments, Business-to-Consumer and Business-to-Business. The company provides users with daily fantasy sports, sports betting, and iGaming opportunities, as well as media and other online consumer products. It is also involved in the design, development, and licensing of sports betting and casino gaming platform software for online and retail sportsbook, and casino gaming products. In addition, the company offers DraftKings Marketplace, a digital collectibles ecosystem designed for mainstream accessibility that offers curated initial non-fungible token drops; and advertising and sponsorship services. It distributes through various channels, including traditional websites and direct app downloads, as well as direct-to-consumer digital platforms, such as the Apple App store and the Google Play store. DraftKings Inc. was incorporated in 2011 and is headquartered in Boston, Massachusetts.

DKNG Income Statement

2021-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Income Statement [Abstract]   
Revenue$ 1,296,025$ 614,532$ 323,410
Cost of revenue794,162346,589103,889
Sales and marketing981,500495,192185,269
Product and technology253,655168,63355,929
General and administrative828,325447,374124,868
Loss from operations(1,561,617)(843,256)(146,545)
Other income (expense):   
Interest income (expense), net1,957(1,070)1,348
Gain (loss) on remeasurement of warrant liabilities30,065(387,565)0
Other income, net11,95103,000
Loss before income tax provision (benefit)(1,517,644)(1,231,891)(142,197)
Income tax provision (benefit)8,269(622)58
(Gain) loss from equity method investment(2,718)566479
Net Loss attributable to common shareholders$ (1,523,195)$ (1,231,835)$ (142,734)
Loss per share attributable to common shareholders:   
Basic (in dollars per share)$ (3.78)$ (4.03)$ (0.77)
Diluted (in dollars per share)$ (3.78)$ (4.03)$ (0.77)