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DraftKings Inc. (DKNG)

Consumer Cyclical | Gambling | Boston, United States | NasdaqGS
22.82 USD -0.92 (-3.875%) ⇩ (April 17, 2026, 4 p.m. EDT)
After hours: 22.83 +0.01 (0.038%) ⇧ (April 17, 2026, 7:58 p.m. EDT)

Short-term: ★★★☆☆ | Long-term: ★★☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 11, 2026, 1:37 p.m. EDT

DKNG is currently experiencing volatility with mixed signals from options activity. While there is some bullish sentiment with increased volume and open interest at higher strikes, there is also bearish activity with significant put positions at lower strikes. The stock's recent price movements have been volatile, and the forecasting model suggests minimal price change in the short term. Long-term investors may find the current dip an opportunity, but the lack of dividend payouts and mixed analyst ratings suggest caution. Overall, DKNG is a risky investment with potential for both gains and losses.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.176957
AutoETS0.216363
AutoTheta0.216513
AutoARIMA0.324407

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 57%
H-stat 2.36
Ljung-Box p 0.000
Jarque-Bera p 0.555
Excess Kurtosis -0.28
Attribute Value
Sector Consumer Cyclical
Debt to Equity Ratio 299.278
Revenue per Share 12.216
Market Cap 11,312,850,944
Forward P/E 12.95
Beta 1.67
Profit Margins 0.06%
Website https://www.draftkings.com

As of April 11, 2026, 1:37 p.m. EDT: The options data indicates mixed signals. Calls show increased volume and open interest at strikes above the current price, suggesting some bullish sentiment. However, puts also show significant open interest at lower strikes, indicating potential bearish sentiment. The IV spikes at certain strikes suggest uncertainty or speculation about future price movements, but the overall market direction remains unclear. The options activity reflects a balance between bullish and bearish speculation, with no clear consensus.


Info Dump

Attribute Value
52 Week Change -0.2681874
Address1 222 Berkeley Street
Address2 5th Floor
All Time High 74.38
All Time Low 9.76
Ask 22.83
Ask Size 44
Audit Risk 5
Average Analyst Rating 1.5 - Buy
Average Daily Volume10 Day 10,584,140
Average Daily Volume3 Month 15,629,875
Average Volume 15,629,875
Average Volume10Days 10,584,140
Beta 1.674
Bid 22.77
Bid Size 44
Board Risk 9
Book Value 1.276
City Boston
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 7
Country United States
Crypto Tradeable 0
Currency USD
Current Price 22.82
Current Ratio 1.034
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 24.27
Day Low 22.66
Debt To Equity 299.278
Display Name DraftKings
Earnings Call Timestamp End 1,770,989,400
Earnings Call Timestamp Start 1,770,989,400
Earnings Timestamp 1,770,930,000
Earnings Timestamp End 1,778,184,000
Earnings Timestamp Start 1,778,184,000
Ebitda 272,884,000
Ebitda Margins 0.04507
Enterprise To Ebitda 44.02
Enterprise To Revenue 1.984
Enterprise Value 12,012,344,320
Eps Current Year 1.08673
Eps Forward 1.76223
Eps Trailing Twelve Months -0.01
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 23.8649
Fifty Day Average Change -1.0449009
Fifty Day Average Change Percent -0.043784004
Fifty Two Week Change Percent -26.81874
Fifty Two Week High 48.78
Fifty Two Week High Change -25.96
Fifty Two Week High Change Percent -0.5321853
Fifty Two Week Low 20.46
Fifty Two Week Low Change 2.3600006
Fifty Two Week Low Change Percent 0.11534705
Fifty Two Week Range 20.46 - 48.78
Financial Currency USD
First Trade Date Milliseconds 1,564,061,400,000
Float Shares 478,546,737
Forward Eps 1.76223
Forward P E 12.949501
Free Cashflow 605,934,400
Full Exchange Name NasdaqGS
Full Time Employees 5,500
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,775,001,600
Gross Margins 0.76111
Gross Profits 4,608,167,936
Has Pre Post Market Data 1
Held Percent Insiders 0.02949
Held Percent Institutions 0.87348
Implied Shares Outstanding 495,742,804
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 11,312,850,944
Market State CLOSED
Max Age 86,400
Message Board Id finmb_648976269
Most Recent Quarter 1,767,139,200
Net Income To Common 3,710,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 11,312,850,787
Number Of Analyst Opinions 34
Open 24.17
Operating Cashflow 662,854,976
Operating Margins 0.08293
Overall Risk 9
Payout Ratio 0.0
Peg Ratio 0.08
Phone 617 986 6744
Post Market Change 0.008699417
Post Market Change Percent 0.038121898
Post Market Price 22.8287
Post Market Time 1,776,470,331
Previous Close 23.74
Price Eps Current Year 20.998775
Price Hint 2
Price To Book 17.884012
Price To Sales Trailing12 Months 1.8684952
Profit Margins 0.00061
Quick Ratio 0.702
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.54286
Region US
Regular Market Change -0.92
Regular Market Change Percent -3.87532
Regular Market Day High 24.27
Regular Market Day Low 22.66
Regular Market Day Range 22.66 - 24.27
Regular Market Open 24.17
Regular Market Previous Close 23.74
Regular Market Price 22.82
Regular Market Time 1,776,456,001
Regular Market Volume 15,600,953
Return On Assets -0.00037
Return On Equity 0.00452
Revenue Growth 0.428
Revenue Per Share 12.216
Sand P52 Week Change 0.36506534
Sector Consumer Cyclical
Sector Disp Consumer Cyclical
Sector Key consumer-cyclical
Share Holder Rights Risk 10
Shares Outstanding 495,742,804
Shares Percent Shares Out 0.0736
Shares Short 36,493,746
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 32,087,867
Short Name DraftKings Inc.
Short Percent Of Float 0.0757
Short Ratio 2.43
Source Interval 15
State MA
Symbol DKNG
Target High Price 76.0
Target Low Price 24.0
Target Mean Price 35.21471
Target Median Price 32.5
Total Cash 1,127,544,960
Total Cash Per Share 2.287
Total Debt 1,889,826,048
Total Revenue 6,054,524,928
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.01
Trailing Peg Ratio 0.0845
Triggerable 1
Two Hundred Day Average 34.2394
Two Hundred Day Average Change -11.419399
Two Hundred Day Average Change Percent -0.33351636
Type Disp Equity
Volume 15,600,953
Website https://www.draftkings.com
Zip 2,116