DraftKings Inc - Class A DKNG Stock Analysis
- Nasdaq
- Stock
- Market closed · opens Monday 9:30 AM ET
$18.51 down $5.01, 21.30% at close Nov 6
Last close · Previous close $23.52
- Market cap
- At the Nov 6 close
- P/E ratio
- n/mLoss over last 12 months
- Diluted EPS
- −$0.37Last 12 months
- Dividend yield
- NoneLast 12 months
Price chart
$18.51down $5.01, 21.30%Fri, Nov 6 session
Use the left and right arrow keys to move along the chart.
Price data
Trading
- Previous close$23.52Nov 5
- Volume69.94MNov 6 session
Shares traded on all US exchanges in the last completed session. Live intraday volume covers IEX only, so it is left out.
- Avg. volume15.06MLast 21 sessions
The average daily shares traded over the last 21 trading sessions, about one calendar month.
- 52-week range: $16.55 to $36.98; now $18.51
The lowest and highest trades over the past 52 weeks, adjusted for splits. The marker shows the latest price.
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
Performance
Past performance, measured to the Nov 6 close. Total return includes reinvested dividends.Price change only, without dividends. Compared with the S&P 500, using SPY.
DKNG trailed the S&P 500 in all 6 periods.
| Period | DKNG and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | DKNG: down 6.3% S&P 500: down 5.6% | DKNG trailed the S&P 500 by 0.7 percentage points Trailed |
| 3M | DKNG: down 16.5% S&P 500: down 4.1% | DKNG trailed the S&P 500 by 12.4 percentage points Trailed |
| YTD | DKNG: down 46.3% S&P 500: up 8.7% | DKNG trailed the S&P 500 by 55.0 percentage points Trailed |
| 1Y | DKNG: down 33.8% S&P 500: up 10.9% | DKNG trailed the S&P 500 by 44.7 percentage points Trailed |
| Long term | ||
| 3Y | DKNG: down 47.3% S&P 500: up 75.0% −19.2% vs +20.5% a year | DKNG trailed the S&P 500 by 122.3 percentage points Trailed |
| 5Y | DKNG: down 57.6% S&P 500: up 67.8% −15.8% vs +10.9% a year | DKNG trailed the S&P 500 by 125.4 percentage points Trailed |
$10,000 invested in DKNG 5 years ago (Nov 5, 2021) would be worth about $4,243 at the close on , with dividends reinvested. The same amount in the S&P 500 would be worth about $16,782.
DKNG trailed the S&P 500 in all 6 periods.
| Period | DKNG and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | DKNG: down 6.3% S&P 500: down 5.6% | DKNG trailed the S&P 500 by 0.7 percentage points Trailed |
| 3M | DKNG: down 16.5% S&P 500: down 4.3% | DKNG trailed the S&P 500 by 12.2 percentage points Trailed |
| YTD | DKNG: down 46.3% S&P 500: up 7.8% | DKNG trailed the S&P 500 by 54.1 percentage points Trailed |
| 1Y | DKNG: down 33.8% S&P 500: up 9.7% | DKNG trailed the S&P 500 by 43.5 percentage points Trailed |
| Long term | ||
| 3Y | DKNG: down 47.3% S&P 500: up 68.8% −19.2% vs +19.1% a year | DKNG trailed the S&P 500 by 116.1 percentage points Trailed |
| 5Y | DKNG: down 57.6% S&P 500: up 56.9% −15.8% vs +9.4% a year | DKNG trailed the S&P 500 by 114.5 percentage points Trailed |
$10,000 invested in DKNG 5 years ago (Nov 5, 2021) would be worth about $4,243 at the close on , not counting dividends. The same amount in the S&P 500 would be worth about $15,694.
All-time high
$71.98
Closing high on . Now 74.3% below that record.
Split-adjusted daily closes since Jul 25, 2019.
Stock splits
DKNG hasn’t split since its price history begins in 2019.
Valuation
Financials
Reported results, not forecasts. From company filings via Tiingo; the latest report is Q2 FY26, the quarter ended Jun 30, 2026. “Last 12 months” means the four quarters from Jul 1, 2025 to Jun 30, 2026, and balance-sheet figures are as of Jun 30, 2026.
Revenue and net income
Last 12 months, with the change from the 12 months before
- Revenue
- $6.22Bup 15.0%
- Net income
- −$166.90M
- Diluted EPS
- −$0.37
Data table
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| Q3 FY24 (Sep 30, 2024) | $1.10B | −$293.69M | −$0.60 |
| Q4 FY24 (Dec 31, 2024) | $1.39B | −$134.85M | −$0.27 |
| Q1 FY25 (Mar 31, 2025) | $1.41B | −$33.86M | −$0.07 |
| Q2 FY25 (Jun 30, 2025) | $1.51B | $157.94M | $0.30 |
| Q3 FY25 (Sep 30, 2025) | $1.14B | −$256.79M | −$0.52 |
| Q4 FY25 (Dec 31, 2025) | $1.99B | $136.43M | $0.26 |
| Q1 FY26 (Mar 31, 2026) | $1.65B | $21.07M | $0.03 |
| Q2 FY26 (Jun 30, 2026) | $1.44B | −$67.61M | −$0.14 |
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| FY21 (Dec 31, 2021) | $1.30B | −$1.52B | −$3.78 |
| FY22 (Dec 31, 2022) | $2.24B | −$1.38B | −$3.16 |
| FY23 (Dec 31, 2023) | $3.67B | −$802.14M | −$1.73 |
| FY24 (Dec 31, 2024) | $4.77B | −$507.29M | −$1.05 |
| FY25 (Dec 31, 2025) | $6.05B | $3.71M | −$0.01 |
Margins
- Gross 40.5%
- Operating −2.9%
- Net −2.7%
The percentages above the chart cover the last 12 months; the lines show each quarter. What margins tell you
Cash flow
- $497.37MLast 12 months
Cash from operations minus capital spending: the cash left after the business maintains and grows its assets.
FCF = Operating cash flow − Capital spendingFree cash flow - Operating cash flow$670.95MLast 12 months
- Capital spending$173.58MLast 12 months
- 8.0%Last 12 months
Free cash flow as a share of revenue, both over the last 12 months.
Shareholder returns
- $655.73MLast 12 months
Cash spent repurchasing shares, net of shares issued. Buybacks shrink the share count, so each remaining share owns more of the company.
- Dividends paid$0.00Last 12 months
- Total returned$655.73MLast 12 months
132% of free cash flow
Balance sheet
- $1.42BAs of Jun 30, 2026
Cash plus short- and long-term marketable securities on the Jun 30, 2026 balance sheet.
- Total debt$1.92BAs of Jun 30, 2026
- Net debt$498.19MAs of Jun 30, 2026
- 1.02As of Jun 30, 2026
Current assets divided by current liabilities on the Jun 30, 2026 balance sheet. Above 1 means short-term assets cover the bills due within a year.
Current ratio = Current assets ÷ Current liabilitiesCurrent ratio - 3.36As of Jun 30, 2026
Total debt divided by shareholders’ equity on the Jun 30, 2026 balance sheet: a measure of financial leverage.
D/E = Total debt ÷ Shareholders’ equityDebt-to-equity ratio
Financial strength
- 7 of 9Last 12 months
vs the 12 beforeA 0–9 checklist from accounting professor Joseph Piotroski. Each test compares the last 12 months with the 12 months before and scores a point if it passes. 8–9 is strong; 0–2 is weak.
- ✗Net income was positive: not passed
- ✓Operating cash flow was positive: passed
- ✓Return on assets improved: passed
- ✓Operating cash flow exceeded net income: passed
- ✓Long-term debt fell relative to assets: passed
- ✗Current ratio improved: not passed
- ✓Share count didn’t rise: passed
- ✓Gross margin improved: passed
- ✓Asset turnover (revenue ÷ assets) improved: passed
- −26.3%Last 12 months
Over the last 12 months, DraftKings lost money: its net loss was 26.3% of its shareholders’ equity (averaged over the last four quarter-ends). It describes the past year, not an expected return.
ROE = Net income (last 12 months) ÷ Average equityReturn on equity - −3.8%Last 12 months
Over the last 12 months, DraftKings’s net loss was 3.8% of its total assets (averaged over the last four quarter-ends).
ROA = Net income (last 12 months) ÷ Average total assets
About DraftKings Inc - Class A
DraftKings Inc. is a digital sports entertainment and gaming company created to be the Ultimate Host and fuel the competitive spirit of sports fans with products that range across daily fantasy, regulated gaming, and digital media. Headquartered in Boston and launched in 2012 by Jason Robins, Matt Kalish and Paul Liberman, DraftKings is the only U.S.-based vertically integrated sports betting operator. DraftKings’ mission is to make life more exciting by responsibly creating the world’s favorite real-money games and betting experiences. DraftKings Sportsbook is live with mobile and/or retail sports betting operations pursuant to regulations in 28 states, Washington, D.C., and in Ontario, Canada. The Company operates iGaming pursuant to regulations in five states and in Ontario, Canada under its DraftKings brand and pursuant to regulations in three states under its Golden Nugget Online Gaming brand. DraftKings owns Jackpocket, the leading digital lottery app in the United States. DraftKings’ daily fantasy sports product is available in 44 states and certain Canadian provinces. DraftKings 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 and an authorized gaming operator of MLB. In addition, DraftKings owns and operates DraftKings Network, a multi-platform content ecosystem. DraftKings is committed to being a responsible steward of this new era in real-money gaming by developing and promoting educational information and tools to help all players enjoy our games responsibly.
- Sector
- Consumer Cyclical
- Industry
- Gambling
- Headquarters
- Massachusetts, USA
- SEC filings
- EDGAR (opens in a new tab)
- Exchange
- Nasdaq
- Asset type
- Common stock
- Price history since
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DKNG stock FAQ
What is DKNG stock’s price today?
DraftKings (DKNG) traded at $18.51 at the close on , down $5.01 (21.30%) from the previous close of $23.52. Over the past 52 weeks it has traded between $16.55 and $36.98.
If you invested $1,000 in DKNG 5 years ago, how much would you have now?
With dividends reinvested, $1,000 invested in DKNG on would be worth about $424 at the close on , a total return of −57.6%. The same $1,000 would be worth $662 if invested one year ago. Past performance doesn’t predict future returns.
What is DKNG’s P/E ratio?
DKNG’s P/E ratio isn’t meaningful right now because its earnings over the four quarters to are negative (diluted EPS of −$0.37).
How much revenue does DraftKings make?
DraftKings reported $6.2 billion of revenue over the four quarters to , up 15.0% from the twelve months before. In its latest quarter (Q2 FY26, ended ) revenue was $1.4 billion, down 4.6% from a year earlier.
Is DraftKings profitable?
Not over the four quarters to . DraftKings reported a net loss of $166.9 million across those four quarters on $6.2 billion of revenue.
What are DKNG’s earnings per share?
DKNG’s diluted earnings per share were −$0.37 over the four quarters to , compared with −$0.64 in the twelve months before. The latest quarter (Q2 FY26) brought −$0.14 per share, against $0.30 a year earlier (how EPS works).
Does DKNG pay a dividend?
DraftKings hasn’t paid a dividend in the last twelve months.
What is DKNG’s 52-week high and low?
Over the past 52 weeks DKNG has traded as low as $16.55 and as high as $36.98. At $18.51 at the close on , it is 49.9% below that high and 11.8% above the low.
What is DKNG’s all-time high?
DKNG’s highest closing price was $71.98 on , adjusted for stock splits. At $18.51 at the close on , it is 74.3% below that record.
Has DKNG stock ever split?
No. DKNG hasn’t split since its price history begins in 2019.
How has DKNG stock performed?
Including dividends and measured to the close on , DKNG has returned −46.3% so far this year and −33.8% over the past year, and −57.6% over five years (−15.8% a year). Over the same periods the S&P 500, measured by SPY, returned +8.7%, +10.9% and +67.8%. Past performance doesn’t predict future returns.
What sector and industry is DraftKings in?
DraftKings is in the Consumer Cyclical sector and the Gambling industry, and is headquartered in Massachusetts, USA.
What exchange does DKNG trade on?
DraftKings trades on the Nasdaq under the ticker symbol DKNG. Its price history on this dashboard begins on .
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
About this data. Data sourced by Tiingo (opens in a new tab). The live price is Tiingo’s real-time price, based on IEX trades and quotes; intraday charts show IEX trades, and volume figures are consolidated totals for completed sessions. Prices are split-adjusted, and total returns assume dividends are reinvested. Financials come from company filings and can lag new reports. Times are Eastern.
This page is for education, not investment advice. Past performance doesn't predict future returns. Logos provided by Logo.dev (opens in a new tab).
The Interactive Brokers word and logo are trademarks of Interactive Brokers LLC (or its subsidiaries) in the US and/or elsewhere. All rights reserved.