DraftKings Inc. (DKNG)Consumer Cyclical | Gambling | Boston, United States | NasdaqGS
25.26 USD
+1.04
(4.294%)
⇧
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 25.27 +0.01 (0.055%) ⇧ (Aug. 28, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 5:01 a.m. EDT
The immediate outlook is defined by a struggle to break free from the $20-$25 consolidation zone. While the stock has recovered significantly from its lows, the recent price action shows a failure to sustain momentum above the $26 level, leaving it hovering near the 200-day average. Fundamentally, the company faces a stark reality: it is currently unprofitable with negative operating margins and a heavy debt load relative to equity, which caps the long-term rating despite the impressive historical growth trajectory. The market is pricing in a turnaround, but the balance sheet remains fragile. On the options front, the heavy put volume at the $20 strike acts as a psychological and financial floor, preventing a freefall, while the call wall at $30 suggests sellers are ready to step in if buyers push too hard. This creates a classic 'squeeze' scenario where the stock is likely to chop sideways until a catalyst forces a decisive move. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.076177 |
| AutoETS | 0.078246 |
| AutoARIMA | 0.078251 |
| AutoTheta | 0.087422 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 46% |
| H-stat | 0.62 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.252 |
| Excess Kurtosis | -0.08 |
| Attribute | Value |
|---|---|
| Sector | Consumer Cyclical |
| Debt to Equity Ratio | 336.48 |
| Revenue per Share | 12.551 |
| Market Cap | 12,540,429,312 |
| Forward P/E | 15.36 |
| Beta | 1.63 |
| Profit Margins | -2.68% |
| Website | https://www.draftkings.com |
As of Aug. 22, 2026, 5:01 a.m. EDT: Speculators are positioning for a volatile range-bound outcome rather than a directional breakout. Call Open Interest builds significantly at the $30 strike across multiple expirations, acting as a resistance wall, while Put Open Interest concentrates heavily at the $20-$25 strikes, establishing a strong floor. The massive volume and Open Interest at the $24.50 call strike suggest traders are betting on a bounce toward the $26-$27 range, but the lack of aggressive flow into deep out-of-the-money calls indicates skepticism about a rapid surge past $30 in the near term.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.4944688 |
| Address1 | 222 Berkeley Street |
| Address2 | 5th Floor |
| All Time High | 74.38 |
| All Time Low | 9.76 |
| Ask | 27.23 |
| Ask Size | 2 |
| Audit Risk | 7 |
| Average Analyst Rating | 1.6 - Buy |
| Average Daily Volume10 Day | 7,986,850 |
| Average Daily Volume3 Month | 12,165,087 |
| Average Volume | 12,165,087 |
| Average Volume10Days | 7,986,850 |
| Beta | 1.627 |
| Bid | 25.2 |
| Bid Size | 1 |
| Board Risk | 10 |
| Book Value | 1.148 |
| City | Boston |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 9 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 25.26 |
| Current Ratio | 1.017 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 26.58 |
| Day Low | 24.115 |
| Debt To Equity | 336.48 |
| Display Name | DraftKings |
| Earnings Call Timestamp End | 1,786,105,800 |
| Earnings Call Timestamp Start | 1,786,105,800 |
| Earnings Timestamp | 1,786,046,400 |
| Earnings Timestamp End | 1,793,908,800 |
| Earnings Timestamp Start | 1,793,908,800 |
| Ebitda | 122,832,000 |
| Ebitda Margins | 0.01974 |
| Enterprise To Ebitda | 109.683 |
| Enterprise To Revenue | 2.165 |
| Enterprise Value | 13,472,556,032 |
| Eps Current Year | 0.88864 |
| Eps Forward | 1.64428 |
| Eps Trailing Twelve Months | -0.37 |
| Esg Populated | 0 |
| Exchange | NMS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 24.8993 |
| Fifty Day Average Change | 0.3607006 |
| Fifty Day Average Change Percent | 0.014486375 |
| Fifty Two Week Change Percent | -49.44688 |
| Fifty Two Week High | 48.78 |
| Fifty Two Week High Change | -23.519999 |
| Fifty Two Week High Change Percent | -0.4821648 |
| Fifty Two Week Low | 20.46 |
| Fifty Two Week Low Change | 4.800001 |
| Fifty Two Week Low Change Percent | 0.23460416 |
| Fifty Two Week Range | 20.46 - 48.78 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,564,061,400,000 |
| Float Shares | 423,455,445 |
| Forward Eps | 1.64428 |
| Forward P E | 15.362348 |
| Free Cashflow | 461,744,736 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 5,500 |
| Fullday Change | 1.04 |
| Fullday Change Percent | 4.29398 |
| Fullday Price | 25.2739 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,785,542,400 |
| Gross Margins | 0.76129997 |
| Gross Profits | 4,737,205,760 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.08765 |
| Held Percent Institutions | 0.83018 |
| Implied Shares Outstanding | 496,454,048 |
| 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 | 12,540,429,312 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_648976269 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | -166,902,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 12,024,117,042 |
| Number Of Analyst Opinions | 35 |
| Open | 24.28 |
| Operating Cashflow | 670,950,976 |
| Operating Margins | -0.04724 |
| Overall Risk | 10 |
| Payout Ratio | 0.0 |
| Peg Ratio | 0.1 |
| Phone | 617 986 6744 |
| Post Market Change | 0.0138988495 |
| Post Market Change Percent | 0.055023156 |
| Post Market Price | 25.2739 |
| Post Market Time | 1,787,961,586 |
| Previous Close | 24.22 |
| Price Eps Current Year | 28.425459 |
| Price Hint | 2 |
| Price To Book | 22.003485 |
| Price To Sales Trailing12 Months | 2.0153286 |
| Profit Margins | -0.026819998 |
| Quick Ratio | 0.687 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | buy |
| Recommendation Mean | 1.55556 |
| Region | US |
| Regular Market Change | 1.04 |
| Regular Market Change Percent | 4.29398 |
| Regular Market Day High | 26.58 |
| Regular Market Day Low | 24.115 |
| Regular Market Day Range | 24.115 - 26.58 |
| Regular Market Open | 24.28 |
| Regular Market Previous Close | 24.22 |
| Regular Market Price | 25.26 |
| Regular Market Time | 1,787,947,201 |
| Regular Market Volume | 19,877,738 |
| Return On Assets | -0.02417 |
| Return On Equity | -0.21139 |
| Revenue Growth | -0.046 |
| Revenue Per Share | 12.551 |
| Sand P52 Week Change | 0.20504117 |
| Sector | Consumer Cyclical |
| Sector Disp | Consumer Cyclical |
| Sector Key | consumer-cyclical |
| Share Holder Rights Risk | 10 |
| Shares Outstanding | 496,454,048 |
| Shares Percent Shares Out | 0.077800006 |
| Shares Short | 38,623,993 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 39,353,188 |
| Short Name | DraftKings Inc. |
| Short Percent Of Float | 0.08 |
| Short Ratio | 2.86 |
| Source Interval | 15 |
| State | MA |
| Symbol | DKNG |
| Target High Price | 76.0 |
| Target Low Price | 20.0 |
| Target Mean Price | 34.97857 |
| Target Median Price | 33.0 |
| Total Cash | 983,881,984 |
| Total Cash Per Share | 1.982 |
| Total Debt | 1,916,008,960 |
| Total Revenue | 6,222,522,880 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.37 |
| Trailing Peg Ratio | 0.0983 |
| Triggerable | 1 |
| Two Hundred Day Average | 26.926926 |
| Two Hundred Day Average Change | -1.6669254 |
| Two Hundred Day Average Change Percent | -0.061905522 |
| Type Disp | Equity |
| Volume | 19,877,738 |
| Website | https://www.draftkings.com |
| Zip | 2,116 |