DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States. It operates through two segments, Business-to-Consumer and Business-to-Business. The company provides users with daily sports, sports betting, and iGaming opportunities. It is also involved in the design, development, and licensing of sports betting and casino gaming platform software for online and retail sportsbook, and casino gaming products. The company distributes its product offerings through various channels, including traditional websites, direct app downloads, and direct-to-consumer digital platforms. DraftKings Inc. is headquartered in Boston, Massachusetts.
IPO Year: 2019
Exchange: NASDAQ
Website: draftkings.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/10/2026 | $30.00 → $35.00 | Buy | TD Cowen |
| 6/25/2026 | $34.00 → $36.00 | Mkt Outperform | Citizens |
| 6/5/2026 | $43.00 → $49.00 | Buy | UBS |
| 5/14/2026 | $20.00 | Underperform | BNP Paribas Exane |
| 4/24/2026 | $27.00 | Buy → Neutral | MoffettNathanson |
| 3/17/2026 | Buy → Hold | Argus | |
| 2/17/2026 | $52.00 → $35.00 | Buy | Needham |
| 2/6/2026 | $41.00 → $32.00 | Outperform | Bernstein |
| 1/16/2026 | $50.00 → $53.00 | Overweight | Morgan Stanley |
| 1/15/2026 | $49.00 | Equal Weight → Overweight | Wells Fargo |
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DraftKings Inc. (NASDAQ:DKNG) (the "Company" or "DraftKings") today announced that it will release its second quarter 2026 results after the close of market trading on Thursday, August 6, 2026. DraftKings will host a conference call and audio webcast the following morning, Friday, August 7, 2026, at 8:30 a.m. ET, during which management will discuss the Company’s results and provide commentary on business performance. To listen to the audio webcast and live Q&A, please visit DraftKings’ investor relations website at ir.aboutdraftkings.com. The audio webcast will be available on the Company’s investor relations website until 11:59 p.m. ET on September 30, 2026. About DraftKings DraftKing
Celebrations include a watch party for World Cup and volunteer community event DraftKings Inc. (NASDAQ:DKNG) today announced plans to launch its top-rated online sportsbook and casino, along with its Golden Nugget Online Gaming brand, in Alberta on July 13. Alberta will become the second Canadian province and the 34th jurisdiction across North America where DraftKings Sportsbook is available. With the launch, DraftKings Casino will be available in five U.S. states and Golden Nugget Online Gaming casino in four U.S. states, with both brands available in Alberta and Ontario in Canada. Ahead of the official launch, DraftKings will host a watch party for the World Cup on July 11 at the Wild
NEW YORK, July 07, 2026 (GLOBE NEWSWIRE) -- Market News Updates News Commentary - The prediction markets sector is rapidly expanding in the digital finance and information field. These platforms allow users to trade contracts based on the likelihood of future events, pooling collective knowledge to generate real-time probability forecasts. The industry's growth is being driven by increased regulatory clarity in specific domains, advancements in blockchain technology, and a growing interest from institutions in innovative prediction tools. Analysts predict that the global prediction market industry, currently estimated at $2–4 billion in annual market activity, will grow significantly to re
DraftKings Predictions continues rapid growth, generating approximately $3.4 billion in annualized consumer volume within DraftKings' unified platform DraftKings Inc. (NASDAQ:DKNG) ("DraftKings" or the "Company") today announced the launch of its proprietary prediction markets exchange, DKeX, with integration into the unified DraftKings: Sports & Casino app, further advancing the DraftKings Predictions experience. The launch positions the Company to innovate more rapidly through greater ownership over content depth, operating economics, and the end-to-end customer experience. DKeX marks the next phase in DraftKings’ prediction markets evolution, strengthening its ability to deliver differ
DraftKings Inc. (NASDAQ:DKNG) ("DraftKings" or the "Company") today announced that Jason Robins, the Company's Chief Executive Officer and Co-founder, will participate in the following event: The 2026 Nasdaq Investor Conference in Association with Jefferies. The fireside chat is scheduled for 11:00AM BST (6:00AM EDT) on June 10, 2026. Registration and the live audio portion of the Nasdaq Investor Conference can be accessed at DraftKings' Investor Relations website. About DraftKings DraftKings Inc. is a digital sports and gaming company created to be the Ultimate Host and fuel the competitive spirit of sports fans with platforms that range across daily fantasy, regulated gaming, pred
DraftKings Inc. (NASDAQ:DKNG) ("DraftKings" or the "Company") today announced that Alan Ellingson, the Company's Chief Financial Officer, will participate in the following event: The MoffettNathanson's Media, Internet & Communications Conference on May 14, 2026. The fireside chat is scheduled for 2:15PM ET. Registration and the live audio portion of the MoffettNathanson Media, Internet & Communications Conference can be accessed at DraftKings' Investor Relations website. About DraftKings DraftKings Inc. is a digital sports and gaming company created to be the Ultimate Host and fuel the competitive spirit of sports fans with platforms that range across daily fantasy, regulated gami
DraftKings Inc. (NASDAQ:DKNG) ("DraftKings" or the "Company") today announced its first quarter 2026 financial results. The Company also posted a first quarter 2026 business update and an earnings presentation on the Financials section of its website at ir.aboutdraftkings.com. First Quarter 2026 Highlights For the three months ended March 31, 2026, DraftKings reported revenue of $1,646 million, an increase of $237 million, or 17%, compared to $1,409 million during the same period in 2025. The increase in the Company's first quarter 2026 revenue was driven primarily by efficient customer acquisition over the past year and continued healthy customer engagement, as well as higher Sportsboo
DraftKings Inc. (NASDAQ:DKNG) ("DraftKings" or the "Company") today announced that Paul Liberman, the Company's President of Operations and Co-Founder, will participate in the following event: The Milken Institute Global Conference. The panel titled The Future of Decision Intelligence is scheduled for 2:30–3:30 p.m. PDT (5:30–6:30 p.m. EDT) on Monday, May 4. Additional information, including access to a free public livestream, is available at https://milkeninstitute.org/content-hub/event-panels/future-decision-intelligence. About DraftKings DraftKings Inc. is a digital sports and gaming company created to be the Ultimate Host and fuel the competitive spirit of sports fans with platf
DraftKings Inc. (NASDAQ:DKNG) (the "Company" or "DraftKings") today announced that it will release its first quarter 2026 results after the close of market trading on Thursday, May 7, 2026. DraftKings will host a conference call and audio webcast the following morning, Friday, May 8, 2026, at 8:30 a.m. ET, during which management will discuss the Company's results and provide commentary on business performance. To listen to the audio webcast and live Q&A, please visit DraftKings' investor relations website at ir.aboutdraftkings.com. The audio webcast will be available on the Company's investor relations website until 11:59 p.m. ET on June 30, 2026. About DraftKings DraftKings Inc. is
Alberta would become second province in Canada, 34th jurisdiction across North America for DraftKings DraftKings (NASDAQ:DKNG) today announced its intent to launch its online sports betting and casino products in Alberta, Canada, pending licensure and regulatory approval. If granted approval, DraftKings Sportsbook and Casino intends to be available on the province's anticipated universal launch date of July 13, 2026, as set by the AGLC. "We're excited about the opportunity to expand DraftKings' footprint in Canada and bring our online sportsbook and casino experiences to customers in Alberta," said Greg Karamitis, Executive Vice President and General Manager of Sports at DraftKings. "Wi
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TD Cowen reiterated coverage of DraftKings with a rating of Buy and set a new price target of $35.00 from $30.00 previously
Citizens reiterated coverage of DraftKings with a rating of Mkt Outperform and set a new price target of $36.00 from $34.00 previously
UBS reiterated coverage of DraftKings with a rating of Buy and set a new price target of $49.00 from $43.00 previously
BNP Paribas Exane initiated coverage of DraftKings with a rating of Underperform and set a new price target of $20.00
MoffettNathanson downgraded DraftKings from Buy to Neutral and set a new price target of $27.00
Argus downgraded DraftKings from Buy to Hold
Needham reiterated coverage of DraftKings with a rating of Buy and set a new price target of $35.00 from $52.00 previously
Bernstein reiterated coverage of DraftKings with a rating of Outperform and set a new price target of $32.00 from $41.00 previously
Morgan Stanley reiterated coverage of DraftKings with a rating of Overweight and set a new price target of $53.00 from $50.00 previously
Wells Fargo upgraded DraftKings from Equal Weight to Overweight and set a new price target of $49.00
Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.
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DraftKings Inc. (NASDAQ:DKNG) (the "Company" or "DraftKings") today announced that it will release its second quarter 2026 results after the close of market trading on Thursday, August 6, 2026. DraftKings will host a conference call and audio webcast the following morning, Friday, August 7, 2026, at 8:30 a.m. ET, during which management will discuss the Company’s results and provide commentary on business performance. To listen to the audio webcast and live Q&A, please visit DraftKings’ investor relations website at ir.aboutdraftkings.com. The audio webcast will be available on the Company’s investor relations website until 11:59 p.m. ET on September 30, 2026. About DraftKings DraftKing
NEW YORK, July 07, 2026 (GLOBE NEWSWIRE) -- Market News Updates News Commentary - The prediction markets sector is rapidly expanding in the digital finance and information field. These platforms allow users to trade contracts based on the likelihood of future events, pooling collective knowledge to generate real-time probability forecasts. The industry's growth is being driven by increased regulatory clarity in specific domains, advancements in blockchain technology, and a growing interest from institutions in innovative prediction tools. Analysts predict that the global prediction market industry, currently estimated at $2–4 billion in annual market activity, will grow significantly to re
DraftKings Inc. (NASDAQ:DKNG) ("DraftKings" or the "Company") today announced its first quarter 2026 financial results. The Company also posted a first quarter 2026 business update and an earnings presentation on the Financials section of its website at ir.aboutdraftkings.com. First Quarter 2026 Highlights For the three months ended March 31, 2026, DraftKings reported revenue of $1,646 million, an increase of $237 million, or 17%, compared to $1,409 million during the same period in 2025. The increase in the Company's first quarter 2026 revenue was driven primarily by efficient customer acquisition over the past year and continued healthy customer engagement, as well as higher Sportsboo
DraftKings Inc. (NASDAQ:DKNG) (the "Company" or "DraftKings") today announced that it will release its first quarter 2026 results after the close of market trading on Thursday, May 7, 2026. DraftKings will host a conference call and audio webcast the following morning, Friday, May 8, 2026, at 8:30 a.m. ET, during which management will discuss the Company's results and provide commentary on business performance. To listen to the audio webcast and live Q&A, please visit DraftKings' investor relations website at ir.aboutdraftkings.com. The audio webcast will be available on the Company's investor relations website until 11:59 p.m. ET on June 30, 2026. About DraftKings DraftKings Inc. is
BOSTON, Feb. 12, 2026 (GLOBE NEWSWIRE) -- DraftKings Inc. (NASDAQ:DKNG) ("DraftKings" or the "Company") today announced its fourth quarter and fiscal year 2025 financial results. The Company also posted a letter to shareholders and an earnings presentation on the Investor Relations section of its website at investors.draftkings.com. Fourth Quarter 2025 HighlightsFor the three months ended December 31, 2025, DraftKings reported revenue of $1,989 million, an increase of $596 million, or 43%, compared to $1,393 million during the same period in 2024. The increase in the Company's fourth quarter 2025 revenue was driven primarily by continued healthy customer engagement, efficient acquisition
BOSTON , Jan. 26, 2026 (GLOBE NEWSWIRE) -- DraftKings Inc. (NASDAQ:DKNG) (the "Company" or "DraftKings") today announced that it will release its fourth quarter 2025 results after the close of market trading on Thursday, February 12, 2026. DraftKings will host a conference call and audio webcast the following morning, Friday, February 13, 2026, at 8:30 a.m. ET, during which management will discuss the Company's results and provide commentary on business performance. To listen to the audio webcast and live Q&A, please visit DraftKings' investor relations website at investors.draftkings.com. The audio webcast will be available on the Company's investor relations website until 11:59 p.m. ET
BOSTON, Nov. 06, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (NASDAQ:DKNG) ("DraftKings" or the "Company") today announced its third quarter 2025 financial results. The Company also posted a third quarter 2025 business update and a slide presentation on the Investor Relations section of its website at investors.draftkings.com. Third Quarter 2025 HighlightsFor the three months ended September 30, 2025, DraftKings reported revenue of $1,144 million, an increase of $49 million, or 4%, compared to $1,095 million during the same period in 2024. The increase in the Company's third quarter 2025 revenue was driven by continued healthy customer engagement, efficient acquisition of new customers, and
BOSTON, Oct. 23, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (NASDAQ:DKNG) (the "Company" or "DraftKings") today announced that it will release its third quarter 2025 results after the close of market trading on Thursday, November 6, 2025. DraftKings will host a conference call and audio webcast the following morning, Friday, November 7, 2025, at 8:30 a.m. ET, during which management will discuss the Company's results and provide commentary on business performance. To listen to the audio webcast and live Q&A, please visit DraftKings' investor relations website at investors.draftkings.com. The audio webcast will be available on the Company's investor relations website until 11:59 p.m. ET on D
BOSTON, Oct. 21, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (NASDAQ:DKNG) ("DraftKings" or the "Company") today announced the acquisition of Railbird Technologies Inc. and its wholly owned subsidiary, Railbird Exchange, LLC (together with Railbird Technologies Inc., "Railbird"), a federally licensed exchange designated by the Commodity Futures Trading Commission. The acquisition supports DraftKings' broader strategy to enter prediction markets, expanding its addressable opportunity through regulated event contracts. Railbird's team and proprietary technology establish a strategic foundation for the Company's future growth in this space, enabling advantaged economics and long-term product dif
Sets Company Records for Revenue, Net Income, and Adjusted EBITDA Maintains 2025 Revenue and Adjusted EBITDA Guidance Ranges BOSTON, Aug. 06, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (NASDAQ:DKNG) ("DraftKings" or the "Company") today announced its second quarter 2025 financial results. The Company also posted a second quarter 2025 business update and a slide presentation on the Investor Relations section of its website at investors.draftkings.com. Second Quarter 2025 HighlightsFor the three months ended June 30, 2025, DraftKings reported revenue of $1,513 million, an increase of $408 million, or 37%, compared to $1,104 million during the same period in 2024. The increase in the Company'
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Today, Jackpocket announced that a $250.8 million winning ticket was ordered using Jackpocket, America's No. 1 lottery courier app*. The lucky winner ordered the ticket in Arkansas and matched all winning numbers during Monday night's Powerball drawing – 2, 17, 18, 38, 62 – plus the Powerball® (20). This was only the winner's second order using the Jackpocket app. "We're thrilled for our customer in Arkansas and amazed that just their second order placed with Jackpocket resulted in a life-changing $250.8 million jackpot — setting a new Jackpocket record," said Pete Sullivan, SVP, Lottery at DraftKings. "This historic win underscores our commitment to delivering a best-in-class, secure, an
BOSTON, Oct. 28, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (NASDAQ:DKNG) today announced the appointment of Gregory W. Wendt to its Board of Directors as an independent director, effective October 24, 2025. Mr. Wendt's appointment follows the recommendation of the Board's Nominating and Corporate Governance Committee, and he will also serve as a member of that committee. "Greg brings deep expertise in investment management and a strong understanding of the gaming sector," said Jason Robins, DraftKings' Chief Executive Officer and Co-Founder. "His insights will be invaluable as we continue to scale our business, enhance the customer experience and strengthen DraftKings' position as a leader
BOSTON, Sept. 29, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (NASDAQ: DKNG) announced today that it has entered into a multi-year advertising agreement with NBCUniversal to execute exclusive integrations and digital sponsorships across NBCUniversal's top-tier sports properties, including premier national coverage. This deal marks a significant milestone for both companies, expanding DraftKings' presence in sports broadcasting through one of its largest and most impactful multi-platform agreements to date. "We are proud to join forces with NBCUniversal, an iconic name in sports entertainment, in a landmark multi-year agreement that brings together two industry leaders," said Stephanie Sherma
BOSTON, April 22, 2024 (GLOBE NEWSWIRE) -- DraftKings (NASDAQ:DKNG) announced today the appointment of Lori Kalani as Chief Responsible Gaming Officer reporting into DraftKings' chief executive officer, Jason Robins. Kalani becomes DraftKings' first Chief Responsible Gaming Officer committed to the continued elevation and integration of the company's player safety and protection activities and initiatives across all facets of its platforms and player communities. "Responsible gaming is one of our top priorities and it is a core part of our mission to build games that our customers can enjoy responsibly," said Jason Robins, CEO and Co-Founder of DraftKings. "In this leadership role, Lori
LOS ANGELES, Aug. 30, 2021 /PRNewswire/ -- Autograph, the company partnering with the world's biggest icons to usher in a new era of digital collecting, announced its appointment of American gymnast, Simone Biles to its Advisory Board, along with her first collection of NFTs dropping on August 31st. The Simone Biles Collection will be available exclusively to view on Autograph.io and for sale on DraftKings Marketplace. One of the greatest athletes of all-time, Biles has expanded her repertoire to collaborate with Autograph to design her own NFTs to interact with her fans in the next era of digital collectibles.
BOSTON, May 07, 2021 (GLOBE NEWSWIRE) -- DraftKings Inc. (NASDAQ:DKNG) ("DraftKings" or the "Company") today reported first quarter 2021 financial results. First Quarter 2021 Highlights For the three months ended March 31, 2021, DraftKings reported revenue of $312 million, an increase of 253% compared to $89 million during the same period in 2020. After giving pro forma effect to the business combination with SBTech (Global) Limited ("SBTech") and Diamond Eagle Acquisition Corp. which was completed on April 23, 2020, as if it had occurred on January 1, 2019, revenue grew 175% compared to the three months ended March 31, 2020. "DraftKings is off to an outstanding start in 2021," said Jas
BOSTON, Feb. 25, 2021 (GLOBE NEWSWIRE) -- Today, DraftKings (Nasdaq: DKNG) announced the appointment of baseball legend and entrepreneur Cal Ripken Jr. as a special advisor to the board of directors. Ripken will lend strategic insights to the board of directors and Chief Executive Officer on key company initiatives and will become a DraftKings equity holder. Ripken enjoyed a Hall of Fame Major League Baseball career and is one of only ten players in history with more than 3,000 hits and 400 home runs. He has won a World Series championship, two AL MVP Awards, two AL All-Star Game MVP Awards, two Gold Gloves, made 19 All-Star Game appearances and captured eight Silver Slugger Awards. How
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