Companies /Consumer Cyclical

DraftKings Inc - Class A

NASDAQ: DKNG Gambling
$19.37
▼ $0.22 (−1.12%) today
Markets open · 11:02am ET

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Fundamentals

Market Cap
$9.7B
Profit Margin
-2.7%
Revenue (TTM)
$6.2B
EPS (TTM)
$-0.32
52-Week Range
$20 – $37
Street Target
$35.12

About DraftKings

DraftKings Inc. is a leading name in the digital sports entertainment and gaming industry, offering a wide range of services including online sports betting, casino games, and daily fantasy sports. Based in Boston, Massachusetts, the company extends its reach both in the U.S. and internationally, providing innovative gaming software solutions for online and retail sportsbooks, as well as iGaming operators. DraftKings also ventures into the digital collectibles market with its DraftKings Marketplace, featuring curated NFT drops and facilitating secondary-market transactions.

Latest Activity

DKNGDraftKings
After-hours
$19.59
-7.86%open $21.26

DraftKings shed 7.86% off its $21.26 open to $19.59, a single-session hit that leaves the market cap under $10 billion. Moves this size are where sentiment in the name gets reset, so keep an eye on whether $19.59 holds.

Biggest movers · At the close
  • BEBloom Energy$292.34+11.2%
  • RCLRoyal Caribbean Cruises$260.42+7.3%
  • LITELumentum$972.47+5.5%
  • DUOLDuolingo$141.67+5.5%
  • AMATApplied Materials$512.29+5.2%
  • AMCAMC Entertainment$3.05-7.5%
  • DKNGDraftKings$19.62-7.3%
  • ASANAsana$8.28-4.2%
  • FUBOfuboTV$9.1-3.7%
  • SLBSchlumberger$49.63-3.6%

Bloom Energy closed up 11.21% at $292.34, the only double-digit gain in a 383-name priority list. The other end was just as loud: AMC and DraftKings both gave up more than 7%.

Biggest movers · At the close
  • TEMTempus AI$80.08+14.5%
  • SMRNuScale Power$9.15+10.2%
  • IONQIonQ$40.31+9.4%
  • SMCISuper Micro Computer$40.28+9.3%
  • ALABAstera Labs$293.29+9.0%
  • DKNGDraftKings$22.54-7.4%
  • FUBOfuboTV$9.93-6.4%
  • CRWVCoreWeave$80.15-3.9%
  • SPOTSpotify$529.96-3.2%
  • AXONAxon Enterprise$453.59-3.2%

Tempus AI closed 14.46% higher, the biggest move in a 111-name priority list where four other gainers ran 9% or better. The downside was far tamer: DraftKings led decliners at 7.38%, and nothing else lost more than 6.4%.

Biggest movers · At the close
  • WDAYWorkday$205.92+6.4%
  • DKNGDraftKings$25.53+5.4%
  • SPOTSpotify$546.01+3.6%
  • AMZNAmazon$265.35+3.5%
  • EXPEExpedia$328.9+3.1%
  • IRENIren$35.38-12.7%
  • RBRKRubrik$94.34-11.8%
  • MARAMarathon Digital$10.65-10.3%
  • HIMSHims & Hers$28.65-9.5%
  • TEMTempus AI$64.17-9.2%

Nearly 20 points separated the best and worst names at Friday's close: Iren gave up 12.72% while Workday added 6.38%. Three losers dropped more than 10% in a single session, a reset worth checking before Monday.

Biggest movers · At the close
  • ACHRArcher Aviation$6.95+10.9%
  • AXONAxon Enterprise$640.51+7.4%
  • SMRNuScale Power$9.82+7.0%
  • CIFRCipher Mining$17.18+5.2%
  • DKNGDraftKings$25.32+4.3%
  • GPROGoPro$0.62-11.9%
  • APPSDigital Turbine$13.18-8.4%
  • DOCNDigitalOcean$120.52-7.1%
  • APPAppLovin$319.02-5.9%

Archer Aviation topped the winners at 10.9%, with Axon and NuScale both above 7%. GoPro led the decliners at -11.9%, followed by Digital Turbine at -8.4%.

DKNGDraftKings Inc.
Q2 2026
EPS
$0.09
est $0.19-53.0%
Revenue
$1.44B
est $1.51B-4.5%

Sportsbook net revenue margin narrowed to 6.8% as promo spend behind the Predictions launch ballooned, leaving earnings missing expectations by more than half. Management still held full-year revenue guidance, so the NFL season becomes the proof point.

Quarterly EPS — reported vs estimate
Biggest movers · At the close
  • APPSDigital Turbine$12.87+35.3%
  • SHOPShopify$146.1+18.5%
  • FUBOfuboTV$10.19+6.7%
  • ANETArista Networks$201.53+5.8%
  • NVDANVIDIA$221.88+4.7%
  • LCIDLucid$6.57-15.5%
  • ALABAstera Labs$326.99-9.6%
  • OPENOpendoor Technologies$3.73-9.5%
  • DKNGDraftKings$21.61-8.5%
  • SNAPSnap$5.33-8.0%

Digital Turbine's 35% close is the loudest move of the session, with buyers paying up for growth names delivering results, as Shopify also advanced. The pain was just as concentrated: Lucid gave back ground and Astera Labs slid even as AI peers Nvidia and Arista advanced.

DKNG Coverage

10:30am ET
Investing

Could DKNG Be a 50% Rebound Stock?

DraftKings has shed nearly half its value over the past year while quietly building a Predictions product that went from $2.3 billion to $11 billion in annualized volume in just three months.…

Vandita Jadeja
10:00am ET
Investing

DraftKings After Earnings: Buy, Hold, or Run?

DraftKings just posted its worst margin quarter in years while simultaneously launching a business growing five times faster than its core sportsbook ever did. One of those stories is going to dominate…

Vandita Jadeja
1:33pm ET
Investing

Prediction: This is Where DraftKings Will End The Year

The headline question has a clean answer. DraftKings (NASDAQ:DKNG | DKNG Price Prediction) would need to roughly double from $28.79 to clear $57 by year-end 2026, and our proprietary model does not…

Vandita Jadeja
12:05pm ET
Investing

Price Prediction: Can DKNG Stock Double This Year?

The question in our headline has a short answer based on our proprietary model: probably not in 2026. But the longer answer is more interesting, because the bull case scenario for DraftKings…

Vandita Jadeja