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 |
|---|---|---|---|
| 11/21/2025 | $48.00 | Buy | Citigroup |
| 11/18/2025 | $31.00 | Equal Weight | Wells Fargo |
| 11/10/2025 | Under Perform → Market Perform | Northland Capital | |
| 11/4/2025 | $35.00 | Buy → Neutral | BofA Securities |
| 10/9/2025 | $43.00 | Hold → Buy | Berenberg |
| 10/7/2025 | $58.00 → $54.00 | Outperform | Mizuho |
| 10/6/2025 | $54.00 → $51.00 | Buy | Jefferies |
| 10/1/2025 | $33.00 | Outperform → Under Perform | Northland Capital |
| 7/1/2025 | $55.00 → $58.00 | Buy | Citigroup |
| 6/23/2025 | $50.00 | Overweight | Analyst |
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The American Gambling Awards is pleased to announce that Jason Robins, Chief Executive Officer and Co-Founder of DraftKings Inc. (NASDAQ:DKNG) ("DraftKings"), has been named C-Suite Executive of the Year for 2025. His vision has fueled DraftKings' growth while steering the broader industry toward a more interactive, sustainable, and fan-driven future in gaming. The American Gambling Awards, produced by Gambling.com Group Limited (NASDAQ:GAMB) ("Gambling.com Group" or the "Group"), honor the top companies and executives shaping the regulated U.S. online gaming landscape and are recognized as a benchmark for excellence in the sector. Under Robins' leadership, DraftKings has navigated evol
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. 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, 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
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, Sept. 02, 2025 (GLOBE NEWSWIRE) -- 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 BofA Securities 2025 Gaming and Lodging Conference. The fireside chat is scheduled for 12:10PM ET on September 4, 2025. Registration and the live audio portion of the BofA Securities 2025 Gaming and Lodging Conference is accessible at the conference website or at DraftKings' Investor Relations website. About DraftKings DraftKings Inc. is a digital sports entertainment and gaming company created to be the Ultimate Host and fuel the comp
BOSTON, Aug. 26, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (NASDAQ:DKNG) is marking Responsible Gaming Education Month (RGEM) with a monthlong campaign designed to promote responsible play. At the center of the effort is the launch of a sweepstakes—offering customers the chance to win NFL tickets, including a grand prize trip to Super Bowl LX, by engaging with tools like My Budget Builder and My Stat Sheet. As the NFL season kicks off, DraftKings is combining new technology with meaningful initiatives to encourage responsible play and help customers make more informed choices. "We are excited to launch our sweepstakes initiative in celebration of Responsible Gaming Education Month, invitin
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'
BOSTON, July 22, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (NASDAQ:DKNG) (the "Company" or "DraftKings") today announced that it will release its second quarter 2025 results after the close of market trading on Wednesday, August 6, 2025. DraftKings will host a conference call and audio webcast the following morning, Thursday, August 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 S
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4 - DraftKings Inc. (0001883685) (Issuer)
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4 - DraftKings Inc. (0001883685) (Issuer)
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4 - DraftKings Inc. (0001883685) (Issuer)
4 - DraftKings Inc. (0001883685) (Issuer)
4 - DraftKings Inc. (0001883685) (Issuer)
4 - DraftKings Inc. (0001883685) (Issuer)
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Citigroup initiated coverage of DraftKings with a rating of Buy and set a new price target of $48.00
Wells Fargo initiated coverage of DraftKings with a rating of Equal Weight and set a new price target of $31.00
Northland Capital upgraded DraftKings from Under Perform to Market Perform
BofA Securities downgraded DraftKings from Buy to Neutral and set a new price target of $35.00
Berenberg upgraded DraftKings from Hold to Buy and set a new price target of $43.00
Mizuho reiterated coverage of DraftKings with a rating of Outperform and set a new price target of $54.00 from $58.00 previously
Jefferies reiterated coverage of DraftKings with a rating of Buy and set a new price target of $51.00 from $54.00 previously
Northland Capital downgraded DraftKings from Outperform to Under Perform and set a new price target of $33.00
Citigroup reiterated coverage of DraftKings with a rating of Buy and set a new price target of $58.00 from $55.00 previously
Analyst initiated coverage of DraftKings with a rating of Overweight and set a new price target of $50.00
Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.
4 - DraftKings Inc. (0001883685) (Issuer)
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8-K - DraftKings Inc. (0001883685) (Filer)
144 - DraftKings Inc. (0001883685) (Subject)
144 - DraftKings Inc. (0001883685) (Subject)
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Live finance-specific insights
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'
BOSTON, July 22, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (NASDAQ:DKNG) (the "Company" or "DraftKings") today announced that it will release its second quarter 2025 results after the close of market trading on Wednesday, August 6, 2025. DraftKings will host a conference call and audio webcast the following morning, Thursday, August 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 S
BOSTON, May 08, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (NASDAQ:DKNG) ("DraftKings" or the "Company") today announced its first quarter 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. First Quarter 2025 HighlightsFor the three months ended March 31, 2025, DraftKings reported revenue of $1,409 million, an increase of $234 million, or 20%, compared to $1,175 million during the same period in 2024. The increase in the Company's first quarter 2025 revenue was driven primarily by continued healthy customer engagement, efficient acquisition of new customers, h
BOSTON, April 21, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (NASDAQ:DKNG) (the "Company" or "DraftKings") today announced that it will release its first quarter 2025 results after the close of market trading on Thursday, May 8, 2025. DraftKings will host a conference call and audio webcast the following morning, Friday, May 9, 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 June 30, 2
Raises 2025 Revenue Guidance Midpoint to $6.45 Billion; Reaffirms 2025 Adjusted EBITDA Guidance of $900 Million to $1.0 Billion BOSTON, Feb. 13, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (NASDAQ:DKNG) ("DraftKings" or the "Company") today announced its fourth quarter and fiscal year 2024 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 2024 HighlightsFor the three months ended December 31, 2024, DraftKings reported revenue of $1,393 million, an increase of $162 million, or 13%, compared to $1,231 million during the same period in 2023. The in
BOSTON, Jan. 23, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (NASDAQ:DKNG) (the "Company" or "DraftKings") today announced that it will release its fourth quarter and full year 2024 results after the close of market trading on Thursday, February 13, 2025. DraftKings will host a conference call and audio webcast the following morning, Friday, February 14, 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 1
BOSTON, Nov. 07, 2024 (GLOBE NEWSWIRE) -- DraftKings Inc. (NASDAQ:DKNG) ("DraftKings" or the "Company") today announced results for the third quarter of 2024. The Company also posted a third quarter 2024 business update and an earnings presentation on the Investor Relations section of its website at investors.draftkings.com. Third Quarter 2024 Highlights For the three months ended September 30, 2024, DraftKings reported revenue of $1,095 million, an increase of $306 million, or 39%, compared to $790 million during the same period in 2023. The increase in the Company's third quarter 2024 revenue was driven primarily by continued healthy customer engagement, efficient acquisition of new cu
Live Leadership Updates
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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