Draftkings Inc

Draftkings Inc (DKNG) Stock Analysis

$18.900

-0.401 (-2.12%)At close

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High
19.550
Open
19.400
VWAP
18.93
Volume
19.04M
Mkt Cap
17.98B
Low
18.350
Amount
360.41M
EV/EBITDA, TTM
-159.55

DraftKings Inc. is a digital sports entertainment and gaming company. It provides users with online and retail sports betting (together, Sportsbook), online casino (iGaming) and daily fantasy sports product offerings, as well as digital lottery courier, media, and other product offerings. Sportsbook is live with mobile and/or retail sports betting operations pursuant to regulations in 28 states, Washington, D.C., and in Ontario, Canada. It operates iGaming pursuant to regulations in five states and in Ontario, Canada under its DraftKings brand and pursuant to regulations in four states under its Golden Nugget Online Gaming brand. It owns Jackpocket, a digital lottery courier app in the United States. It is both an official daily fantasy and sports betting partner of the NFL, NHL, PGA TOUR, WNBA and UFC, as well as an official daily fantasy partner of NASCAR, an official sports betting partner of the NBA. It also owns and operates DraftKings Network, a multi-platform content ecosystem.

AI analysis of Draftkings Inc (DKNG)

Hold

DraftKings Inc is currently a hold. The stock is priced at $18.90, down 47% year-to-date, indicating a significant decline. The RSI is at 36.24, suggesting it is nearing oversold territory, which could indicate a potential rebound. However, the company has faced a net income loss of $67.61 million in Q2 2026, and insider selling has increased by 7429.98%, which raises concerns about confidence in the stock. While analysts see potential for recovery, the recent performance and insider activity suggest caution.

Valuation Metrics

The current forward P/E ratio for Draftkings Inc (DKNG) is 12.64, compared to its 5-year average forward P/E of 144.09.

Forward P/E

Fair
5Y Average P/E
144.09
Current P/E
12.64
Overvalued
791.23
Undervalued
-503.04

Forward EV/EBITDA

Fair
5Y Average EV/EBITDA
421.94
Current EV/EBITDA
-159.55
Overvalued
2226.64
Undervalued
-1382.75

Forward P/S

Undervalued
5Y Average P/S
3.17
Current P/S
1.26
Overvalued
4.66
Undervalued
1.67

Alphio AI Price Scenarios for DKNG

Scenario prices are the last monthly forecast band of the current year. Probabilities are fixed model weights (25 / 50 / 25), not guarantees.

B

Bull

Bull · 25%DKNG

$55.33

Scenario price

B

Base

Base · 50%DKNG

$49.94

Scenario price

B

Bear

Bear · 25%DKNG

$44.64

Scenario price

Whales holding DKNG

P

Peregrine Capital Management, LLC

+ HoldingDKNG

+7.58%

3M Return

C

Contour Asset Management LLC

+ HoldingDKNG

+6.95%

3M Return

L

Lakewood Capital Management, LP

+ HoldingDKNG

+6.37%

3M Return

C

CIBC Asset Management Inc.

+ HoldingDKNG

+0.91%

3M Return

L

Longaeva Partners L.P.

+ HoldingDKNG

+0.80%

3M Return

J

Jensen Investment Management Inc

+ HoldingDKNG

+0.18%

3M Return

Events Timeline

2026-10-16 (ET)

17:00:00

Nasdaq Falls 2% Amid AI Investment Concerns

2026-10-15 (ET)

14:30:00

Applied Intuition Valued at $30B, Plans to Raise Over $1B

2026-10-05 (ET)

16:30:00

Nasdaq Rises Nearly 300 Points as Market Digests Jobs Report

12:30:00

Nasdaq Rises Nearly 200 Points, Led by Tech Stocks

09:00:00

Stock Futures Point to Modestly Lower Open as Investors Take a Breather

News

DKNG FAQ — answered by Alphio AI

DraftKings Inc. is a digital sports entertainment and gaming company. It provides users with online and retail sports betting (together, Sportsbook), online casino (iGaming) and daily fantasy sports product offerings, as well as digital lottery courier, media, and other product offerings. Sportsbook is live with mobile and/or retail sports betting operations pursuant to regulations in 28 states, Washington, D.C., and in Ontario, Canada. It operates iGaming pursuant to regulations in five states and in Ontario, Canada under its DraftKings brand and pursuant to regulations in four states under its Golden Nugget Online Gaming brand. It owns Jackpocket, a digital lottery courier app in the United States. It is both an official daily fantasy and sports betting partner of the NFL, NHL, PGA TOUR, WNBA and UFC, as well as an official daily fantasy partner of NASCAR, an official sports betting partner of the NBA. It also owns and operates DraftKings Network, a multi-platform content ecosystem. It operates in the Consumer Cyclicals sector (SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION industry).

DraftKings Inc is currently a hold. The stock is priced at $18.90, down 47% year-to-date, indicating a significant decline. The RSI is at 36.24, suggesting it is nearing oversold territory, which could indicate a potential rebound. However, the company has faced a net income loss of $67.61 million in Q2 2026, and insider selling has increased by 7429.98%, which raises concerns about confidence in the stock. While analysts see potential for recovery, the recent performance and insider activity suggest caution.

Community

More ↗
hyper_spire10/5/2026

$DKNG BofA upgrade - "The King is back on offense, Upgrading to Buy; 2027 estimates are bottoming and have potential upside; Pullback creates attractive opportunity"

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neonkettle6010/2/2026

$DKNG | Citizens Reiterates DraftKings at Market Outperform with $35 PT on Betting Momentum and iGaming Recovery Citizens stays mixed as stronger betting trends and iGaming recovery support upside despite investment uncertainty.

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patientmaxi9/29/2026

$DKNG how do you mess this up so badly when every degen in America is placing sports bets and it's the start of football season Loser stock

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0xLunarbazaar9/21/2026

$SPY $DKNG $LLY $PSKY $VLVLY 1) In a post on Truth Social, President Trump states: "...I will be announcing, in the near future, the AI 'Czar' - Only High I.Q. individuals need apply! AI is the next Industrial Revolution, or Internet, but will be even larger and more impactful, possibly as much as 25% of our Country's GDP. We are leading China, and the rest of the World, and I intend to keep it that way!" 2) DraftKings (DKNG) puts customer betting records into a machine learning model to find out who is most likely to make losing bets, Alex Klavens, Walt Bogdanich and Jenny Vrentas of New York Times report. The company uses data science to target losing gamblers with promotions that encourage more betting, six former employees told the Times. 3) Some emerging scientific research points to an increased risk for GLP-1 patients to develop nonarteritic anterior ischemic optic neuropathy, or vision loss, Alex Janin of Wall Street Journal reports. GLP-1 developers Novo Nordisk (NVO) and Eli Lilly (LLY) face lawsuits from patients claiming the medications caused NAION, the Journal adds. 4) Paramount (PSKY) and states looking to block its acquisition of Warner Bros. (WBD) could settle as soon as this week, Jody Godoy of Reuters reports, citing sources familiar with the matter. A commitment on the number of movie releases is among the terms of the settlement, the sources added. 5) The Board of Directors of Volvo Cars (VLVLY) has appointed Klaus Zellmer as President and Chief Executive Officer. Klaus Zellmer will assume the position no later than 1 October 2027. Hakan Samuelsson will, together with the Board, ensure a seamless transition. Klaus Zellmer most recently served Chairman of the Board of Management and CEO of Skoda Auto, a Volkswagen (VWAGY) company.

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This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.

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