DraftKings Inc. (DKNG)Consumer Cyclical | Gambling | Boston, United States | NasdaqGS
26.45 USD
-0.02
(-0.094%) ⇩
(July 13, 2026, 4 p.m.
EDT)
After hours: 26.39 -0.06 (-0.060%) ⇩ (July 13, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 5:34 a.m. EDT
DraftKings presents a classic high-risk, high-reward scenario where the business story is compelling but the financials remain precarious. The company is growing revenue at a healthy 16.8% pace, yet profitability remains elusive with operating margins barely above 3.5% and a trailing P/E of 294x reflecting extreme uncertainty about future earnings. The balance sheet is fragile, carrying debt-to-equity of 317%, which limits flexibility during downturns. However, the market is pricing in a massive turnaround. Analysts see a path to $35, and the options chain screams bullishness, with heavy call buying targeting the $30 level. This suggests traders believe the upcoming regulatory milestones (like the FIFA/NFL expansions mentioned in news) will unlock value quickly. While the statistical forecast model offers almost no guidance due to low confidence, the fundamental trend of expanding revenue and the aggressive speculative positioning suggest a catalyst-driven rally is the primary thesis. It is not a stable compounder yet; it is a speculative play on execution and monetization. |
| Model | MAE |
|---|---|
| MSTL_50 ✓ | 0.111520 |
| AutoETS | 0.127645 |
| AutoTheta | 0.127967 |
| AutoARIMA | 0.131736 |
| MSTL | 0.133716 |
| MSTL_50_126 | 0.155426 |
| MSTL_126 | 0.168251 |
Forecast horizon: 60 days | Selected: MSTL_50
| Forecast Reliability | |
|---|---|
| Score | 32% |
| H-stat | 18.45 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.041 |
| Excess Kurtosis | 0.37 |
| Attribute | Value |
|---|---|
| Sector | Consumer Cyclical |
| Debt to Equity Ratio | 316.975 |
| Revenue per Share | 12.688 |
| Market Cap | 13,122,608,128 |
| Trailing P/E | 293.89 |
| Forward P/E | 15.47 |
| Beta | 1.64 |
| Profit Margins | 0.93% |
| Website | https://www.draftkings.com |
As of July 11, 2026, 5:34 a.m. EDT: Speculators are aggressively positioning for upside, evidenced by massive open interest walls at $30 and $36 strikes and significant volume spikes in out-of-the-money calls. Implied volatility is elevated, particularly for deep OTM strikes, suggesting a bet on a binary event or a sharp rally. Conversely, put activity is concentrated near the money ($20-$25 range) with lower overall volume compared to calls, indicating a defensive floor rather than a bearish thesis. The skew is heavily bullish.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.39540988 |
| Address1 | 222 Berkeley Street |
| Address2 | 5th Floor |
| All Time High | 74.38 |
| All Time Low | 9.76 |
| Ask | 28.45 |
| Ask Size | 2 |
| Audit Risk | 7 |
| Average Analyst Rating | 1.6 - Buy |
| Average Daily Volume10 Day | 10,536,440 |
| Average Daily Volume3 Month | 12,350,485 |
| Average Volume | 12,350,485 |
| Average Volume10Days | 10,536,440 |
| Beta | 1.642 |
| Bid | 24.22 |
| Bid Size | 2 |
| Board Risk | 10 |
| Book Value | 1.22 |
| City | Boston |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 9 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 26.45 |
| Current Ratio | 1.019 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 27.5101 |
| Day Low | 26.23 |
| Debt To Equity | 316.975 |
| Display Name | DraftKings |
| Earnings Call Timestamp End | 1,778,243,400 |
| Earnings Call Timestamp Start | 1,778,243,400 |
| Earnings Timestamp | 1,778,184,000 |
| Earnings Timestamp End | 1,785,960,000 |
| Earnings Timestamp Start | 1,785,960,000 |
| Ebitda | 326,607,008 |
| Ebitda Margins | 0.051909998 |
| Enterprise To Ebitda | 42.991 |
| Enterprise To Revenue | 2.232 |
| Enterprise Value | 14,041,053,184 |
| Eps Current Year | 1.06436 |
| Eps Forward | 1.71001 |
| Eps Trailing Twelve Months | 0.09 |
| Esg Populated | 0 |
| Exchange | NMS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 25.5609 |
| Fifty Day Average Change | 0.889101 |
| Fifty Day Average Change Percent | 0.034783635 |
| Fifty Two Week Change Percent | -39.54099 |
| Fifty Two Week High | 48.78 |
| Fifty Two Week High Change | -22.329998 |
| Fifty Two Week High Change Percent | -0.45776954 |
| Fifty Two Week Low | 20.46 |
| Fifty Two Week Low Change | 5.9900017 |
| Fifty Two Week Low Change Percent | 0.29276648 |
| Fifty Two Week Range | 20.46 - 48.78 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,564,061,400,000 |
| Float Shares | 481,458,288 |
| Forward Eps | 1.71001 |
| Forward P E | 15.467746 |
| Free Cashflow | 603,175,872 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 5,500 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,782,864,000 |
| Gross Margins | 0.76703 |
| Gross Profits | 4,825,984,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.02934 |
| Held Percent Institutions | 0.8 |
| Implied Shares Outstanding | 496,128,817 |
| Industry | Gambling |
| Industry Disp | Gambling |
| Industry Key | gambling |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally. The company offers online and retail sports betting, daily fantasy sports, digital lottery couriers, prediction markets, and other products, as well as retails sportsbooks. It also provides iGaming, or online casino products, which includes blackjack, roulette, baccarat and slot machines. In addition, the company engages in the design and development of sports betting and casino gaming software for online and retail sportsbooks, and iGaming operators. DraftKings Inc. was founded in 2011 and is headquartered in Boston, Massachusetts. |
| Long Name | DraftKings Inc. |
| Market | us_market |
| Market Cap | 13,122,608,128 |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_648976269 |
| Most Recent Quarter | 1,774,915,200 |
| Net Income To Common | 58,644,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 13,135,010,430 |
| Number Of Analyst Opinions | 35 |
| Open | 26.95 |
| Operating Cashflow | 733,433,984 |
| Operating Margins | 0.0035499998 |
| Overall Risk | 10 |
| Payout Ratio | 0.0 |
| Peg Ratio | 0.1 |
| Phone | 617 986 6744 |
| Post Market Change | -0.060001373 |
| Post Market Change Percent | -0.22684829 |
| Post Market Price | 26.39 |
| Post Market Time | 1,783,987,182 |
| Previous Close | 26.475 |
| Price Eps Current Year | 24.850615 |
| Price Hint | 2 |
| Price To Book | 21.680328 |
| Price To Sales Trailing12 Months | 2.08567 |
| Profit Margins | 0.00932 |
| Quick Ratio | 0.701 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | buy |
| Recommendation Mean | 1.55556 |
| Region | US |
| Regular Market Change | -0.0249996 |
| Regular Market Change Percent | -0.0944273 |
| Regular Market Day High | 27.5101 |
| Regular Market Day Low | 26.23 |
| Regular Market Day Range | 26.23 - 27.5101 |
| Regular Market Open | 26.95 |
| Regular Market Previous Close | 26.475 |
| Regular Market Price | 26.45 |
| Regular Market Time | 1,783,972,801 |
| Regular Market Volume | 13,030,953 |
| Return On Assets | 0.0070200004 |
| Return On Equity | 0.07936 |
| Revenue Growth | 0.168 |
| Revenue Per Share | 12.688 |
| Sand P52 Week Change | 0.20847368 |
| Sector | Consumer Cyclical |
| Sector Disp | Consumer Cyclical |
| Sector Key | consumer-cyclical |
| Share Holder Rights Risk | 10 |
| Shares Outstanding | 496,128,817 |
| Shares Percent Shares Out | 0.0841 |
| Shares Short | 41,747,254 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 42,381,480 |
| Short Name | DraftKings Inc. |
| Short Percent Of Float | 0.0866 |
| Short Ratio | 3.14 |
| Source Interval | 15 |
| State | MA |
| Symbol | DKNG |
| Target High Price | 74.0 |
| Target Low Price | 20.0 |
| Target Mean Price | 35.11143 |
| Target Median Price | 32.0 |
| Total Cash | 999,404,032 |
| Total Cash Per Share | 2.014 |
| Total Debt | 1,917,849,984 |
| Total Revenue | 6,291,794,944 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | 0.09 |
| Trailing P E | 293.8889 |
| Trailing Peg Ratio | 0.0982 |
| Triggerable | 1 |
| Two Hundred Day Average | 28.61375 |
| Two Hundred Day Average Change | -2.1637497 |
| Two Hundred Day Average Change Percent | -0.07561923 |
| Type Disp | Equity |
| Volume | 13,030,953 |
| Website | https://www.draftkings.com |
| Zip | 2,116 |