Wall Street analyst estimates for DraftKings Inc. (DKNG): consensus price target, buy/hold/sell recommendations and forecasts for revenue, EPS and EBITDA for the upcoming fiscal years.
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.
Analyst Consensus
| Strong Buy | 0 |
| Buy | 36 |
| Hold | 8 |
| Sell | 4 |
| Strong Sell | 0 |
| Total analysts | 48 |
| Avg rating (1-5) | 0.67 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-11-05 | $-0.35 | ||
| 2026-08-06 | $-0.14 | $0.02 | -741.6% |
| 2026-05-07 | $0.20 | $0.22 | -9.1% |
| 2026-02-12 | $0.36 | $0.36 | +0.0% |
| 2025-11-06 | $-0.52 | $-0.43 | -20.6% |
| 2025-08-07 | $0.38 | $0.15 | +151.2% |
| 2025-05-08 | $-0.07 | $-0.08 | +9.7% |
| 2025-02-13 | $-0.28 | $0.07 | -500.0% |
Valuation Ratios
| Price / Book | 16.20 |
| EV / EBITDA | 65.24 |
| Dividend Yield | 0.00% |
Income Statement (10y)
| Year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $191.8M | $226.3M | $323.4M | $614.5M | $1.30B | $2.24B | $3.67B | $4.77B | $6.05B |
| Cost of Revenue | $31.8M | $48.7M | $103.9M | $346.6M | $794.2M | $1.48B | $2.29B | $2.95B | $3.56B |
| Gross Profit | $160.1M | $177.6M | $219.5M | $267.9M | $501.9M | $756.2M | $1.37B | $1.82B | $2.50B |
| Research & Development | $20.2M | $32.9M | $55.9M | $168.6M | $253.7M | $318.2M | $355.2M | $397.1M | $459.9M |
| Selling, General & Admin | $213.1M | $221.5M | $310.1M | $942.6M | $1.81B | $1.95B | $1.81B | $2.03B | $2.05B |
| Operating Expenses | $233.3M | $254.4M | $366.1M | $1.11B | $2.06B | $2.27B | $2.16B | $2.43B | $2.51B |
| Operating Income | -$73.2M | -$76.8M | -$146.5M | -$843.3M | -$1.56B | -$1.51B | -$789.2M | -$609.0M | -$15.8M |
| EBITDA | -$66.9M | -$69.3M | -$132.9M | -$765.8M | -$1.39B | -$1.27B | -$586.7M | -$319.3M | $303.4M |
| Interest Expense | $1.5M | 0 | 0 | $1.1M | $2.1M | $2.7M | $2.7M | $3.0M | $19.9M |
| Pre-tax Income | -$75.3M | -$76.1M | -$142.7M | -$1.23B | -$1.51B | -$1.45B | -$792.0M | -$593.6M | $8.0M |
| Income Tax | $210,000 | $105,000 | $58,000 | -$622,000 | $8.3M | -$67.9M | $10.2M | -$86.3M | $4.3M |
| Net Income | -$75.6M | -$76.2M | -$142.7M | -$1.23B | -$1.52B | -$1.38B | -$802.1M | -$507.3M | $3.7M |
| EPS | $-0.41 | $-0.41 | $-0.77 | $-4.03 | $-3.79 | $-3.15 | $-1.73 | $-1.05 | $-0.01 |
| EPS (Diluted) | $-0.41 | $-0.41 | $-0.77 | $-4.03 | $-3.79 | $-3.15 | $-1.73 | $-1.05 | $-0.01 |
| Shares Outstanding (Diluted) | $184.6M | $184.6M | $184.6M | $305.6M | $402.5M | $436.5M | $462.6M | $482.0M | $495.9M |
Price
| Price | $19.60 |
| Market Cap | $9.7B |
| Exchange | NASDAQ |
| Country | US |
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Explore sector: Consumer Cyclical · Gambling, Resorts & Casinos
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