DraftKings Inc. Class A (DKNG) Stock Price Quote, News &…

Summary

DraftKings Inc. operates as a leading digital enterprise specializing in sports entertainment and gaming. The company provides sophisticated multi-channel sports betting and gaming technology solutions to operators across 17 countries, facilitating diverse entertainment experiences. Directly, DraftKings manages its own iGaming services under the DraftKings brand in five U.S. states, and separately operates Golden Nugget Online Gaming, another iGaming offering, in three states. Its Sportsbook platform is accessible for both mobile and physical wagers in 18 U.S. states, all in compliance with local regulations. Beyond traditional betting, DraftKings offers its daily fantasy sports product globally in six countries, spanning 15 different sports disciplines. Further diversifying its portfolio, the company has established DraftKings Marketplace, a user-friendly digital collectibles platform featuring curated NFT releases and supporting secondary trading. It also possesses Vegas Sports Information Network (VSiN), a multi-platform content and broadcasting entity. Established in 2011, DraftKings Inc. maintains its headquarters in Boston, Massachusetts.

Website

www.draftkings.com

Location

Boston, MA, US

Phone617 986 6744

Employees5,500

CEOJason D. Robins

IPO DateJul 25, 2019

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Company overview

Business model, segments, and competition.

Peer comparison

Metrics vs closest competitors.

Guidance & outlook

Forward guidance and assumptions.

Bull vs bear case

Upside drivers and key risks.

Valuation snapshot

Multiples vs history and peers.

Competitive moat

Defensibility and market position.

Management track record

Leadership and capital allocation history.

How it makes money

A short diagram of the business model.

Latest Documents

Mentions in Filings

… , payments, wealth management, and enterprise software, Mr. Handy has helped launch products used by millions of customers globally while working with organizations including PayPal ([●] to [●]), Microsoft ([●] to [●]), DraftKings ([●] to [●]), Groundfloor Finance (August 2024 to May 2026), Expedia ([●] to [●]), and numerous venture-backed startups. His work spans consumer and institutional financial products, with a focus on creating trusted, in …
Streamex Corp.DraftKings Inc. Class A·PRE 14A - Preliminary proxy statement·Q4 26·04:23PM
… strategically positioned for significant growth in the U.S. market through the leveraging of its proprietary and exclusive content portfolio. Bragg has successfully integrated with top-tier operators including FanDuel, DraftKings, Rush Street, Caesars and BetMGM and secured licenses in key iGaming states. The Company expects further states to introduce regulatory frameworks for online casino operations in the coming years. The Company believes t …
Bragg Gaming Group Inc.DraftKings Inc. Class A·EX-99.2 - 6-K - EXHIBIT 99.2·Q3 26·03:38PM
… No trial date has been set. VFI believes these claims are without merit and intends to defend itself vigorously. On July 29, 2026, the Company and several other defendants were named in a lawsuit captioned Hughes v. DraftKings Inc. et al., 2026-CP-10-04063 (Charleston County Court of Common Pleas). The case was brought by an individual against a group of named and unnamed defendants alleging that various activities related to prediction markets …
Virtu Financial, Inc.DraftKings Inc. Class A·10-Q - Quarterly report Q3·Q3 26·6 Nov
… ssociated persons of Copeland. Covered platforms include, without limitation, dedicated prediction market platforms (e.g., Kalshi, Polymarket) and sports betting or gaming platforms that offer event contracts or market-related wagers (e.g., DraftKings, FanDuel). All such platforms are collectively referred to as “prediction market platforms.” **Prohibited Activities** The following activities are strictly prohibited for all associated persons:
Russell Investments Exchange Traded FundsDraftKings Inc. Class A·EX-99.(P)(9) - 485APOS - Post-effective amendment (open-end investment companies)·06 Nov·6 Nov
… location Framework with a Proven Track Record of Results Pending Acquisition of Paramount Commerce BUSINESS OVERVIEW • Canada’s leading A2A payments platform: powers instant pay-by-bank deposits and payouts for FanDuel, DraftKings, Bet365, MoonPay, Lenovo, and Telus • Real-time payment and instant funding: first Interac e-Transfer payment processor Participant in Canada • A2A across the Experience Economy: ◦ Dine: same-day tip payouts ◦ Stay: low …
Shift4 Payments, Inc.DraftKings Inc. Class A·EX-99.1 - 8-K - Results of Operations and Financial Condition·Q4 26·5 Nov
… the game and use AI and computer vision to create deeper insights for athletes and richer, more personalized experiences for fans. The company works with more than 1,000 partners globally, including the NFL, ESPN, WPP, DraftKings, English Premier League, NBC, Publicis, bet365, NCAA, CBS, PMG and FanDuel. Beyond its partnerships with leagues, sportsbooks, advertisers and broadcasters, Genius Sports reaches millions of fans directly through its g …
Genius Sports LtdDraftKings Inc. Class A·EX-99.2 - 6-K - Current report (foreign private issuer)·Q3 26·5 Nov

Key Stats

Trading

Px/Chg 1D$18.59 / -3.93%

Avg Volume13.28M

Beta0.79

Mkt Cap9.22B

FD Mkt Cap12.53B

Float

Shrs Out/Float496.13M / 476.53M

Short Float0.09%

Days to Cover3.45

Stock Repurchased$122.94M

Current Valuation

EV10.14B

EV/EBITDA25.25

EV/Sales1.61

P/B15.24

P/S1.47

FCF Yield-0.60%

ROE3.48%

ROA0.49%

Current Ratio1.02

Estimates

P/E157.27

Est P/E0.00

Est EPS0.22

Est PEG0.00

Valuation

Metric	5Yr Avg	May '23	May '24	May '25	May '26	Oct '26
PRICE-BASED RATIOS
Price / Earnings	94.59	-6.75	-24.82	-33.58	90.07	448.05
Price / Sales	5.01	4.15	5.43	3.57	6.18	5.74
Price / Book Value	16.53	7.03	23.69	16.86	19.46	15.60
Price / Free Cash Flow	-55.01	-12.76	-172.89	41.80	38.82	-170.03
ENTERPRISE VALUE METRICS
Enterprise Value	13,971.9	9,317.6	19,981.2	17,583.9	12,617.7	10,358.9
Enterprise Value / Sales	5.19	4.16	5.45	3.69	6.34	6.29
Enterprise Value / EBITDA	14.34	-7.33	-34.06	-55.06	57.20	110.96
Enterprise Value / EBIT	100.37	-6.47	-25.34	-29.79	86.08	477.37

Financials

Full Financials

Millions USD	5Yr CAGR (%)	Dec '21	Dec '22	Dec '23	Dec '24	Dec '25
INCOME STATEMENT
Revenue	47%	1,296.0	2,240.5	3,665.4	4,767.7	6,054.5
Gross Income	49.4%	501.9	756.2	1,373.2	1,817.1	2,497.6
EBITDA	—	-1,394.4	-1,271.1	-586.7	-319.3	303.4
EBIT	—	-1,515.5	-1,440.3	-788.6	-590.2	27.9
Net Income	—	-1,523.2	-1,378.0	-802.1	-507.3	3.7
EPS (Diluted)	-78.5%	-3.79	-3.15	-1.73	-1.05	-0.01
BALANCE SHEET
Cash & ST Inv	-7.1%	2,152.9	1,309.2	1,270.5	788.3	1,604.6
Total Assets	2.7%	4,069.1	4,040.2	3,944.9	4,283.7	4,530.8
Total Liabilities	13%	2,390.5	2,717.5	3,104.6	3,273.1	3,899.3
Total Shareholder Equity	-21.7%	1,678.5	1,322.7	840.3	1,010.6	631.5
CASH FLOW
Net Operating Cash Flow	—	-419.5	-625.5	-1.8	417.8	662.9
Cap Ex	-37.1%	-98.3	-103.6	-113.4	-10.2	-15.4
Free Cash Flow	—	-517.8	-729.2	-115.1	407.6	647.5

Enterprise Value Bridge

Millions USD		13 Nov '26
Price (As of 13 Nov '26)		18.90
Basic Shares		496.13
Market Cap		9,376.8
Diluted Shares		496.93
Fully Diluted Shares Outstanding		496.93
Fully Diluted Market Cap		9,392.0
+Consolidated Debt		1,031.9
−In-the-Money Convertible Debt		—
+Capital Leases		-
+Operating Leases		—
−Cash & Equivalents		-1,100.9
−Short-term Investments		-
+Total Preferred		-
−In-the-Money Convertible Preferred		—
−Investments in Unconsolidated Subs		—
+Non-Controlling Interest		-
+Pension Liabilities		—
Enterprise Value		9,307.8

Segment data

Revenue

by Products and services

Product And Service, Other100%