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(DKNG) DraftKings - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US26142V1052

DKNG: Sports, Betting, Gaming, Casino, Lottery, Media, NFTs

DraftKings Inc. (NASDAQ:DKNG) is a leading digital sports entertainment and gaming company, operating across the United States and internationally. The company offers a diverse portfolio of products, including online sports betting, daily fantasy sports, digital lottery courier services, and retail sportsbooks. Additionally, DraftKings provides iGaming solutions, featuring casino games such as blackjack, roulette, baccarat, and slot machines. The company also designs and develops software for sports betting and casino gaming platforms, catering to both online and retail operators. Furthermore, DraftKings operates a marketplace for digital collectibles, enabling users to buy, sell, and trade curated NFTs. Headquartered in Boston, Massachusetts, the company continues to expand its footprint in the rapidly evolving sports betting and gaming industry.

From a technical perspective, DraftKings stock is currently trading at $32.44, below its 20-day SMA of $34.57 and 50-day SMA of $39.33. The 200-day SMA stands at $38.55, indicating a recent downtrend. Average 20-day volume is approximately 11.34 million shares, with an ATR of $2.23, reflecting moderate volatility. Key resistance levels are at $43.5 and $38.6, while support levels are at $31.9 and $30.0. On the fundamental side, the company has a market cap of $16.81 billion, with a forward P/E of 21.69 and a P/S ratio of 3.53. The P/B ratio is 16.63, and the return on equity (RoE) is -50.20%, highlighting significant losses relative to shareholder equity.

Based on the provided and , the 3-month outlook for DraftKings Inc. (NASDAQ:DKNG) is as follows: The stock is likely to remain range-bound between the support levels of $31.9 and $30.0 and the resistance levels of $38.6 and $43.5. The current price of $32.44 suggests that the stock is near the lower end of its recent trading range. The 20-day SMA of $34.57 and 50-day SMA of $39.33 indicate a bearish trend in the short to medium term. The ATR of $2.23 suggests moderate volatility, which could lead to price fluctuations within the identified range. From a fundamental perspective, the high forward P/E of 21.69 and P/S ratio of 3.53 indicate that the market expects significant revenue growth, but the current RoE of -50.20% raises concerns about profitability. The lack of a trailing P/E further highlights the companys ongoing losses. The large market cap of $16.81 billion reflects investor confidence in the companys growth potential, but the high P/B ratio of 16.63 suggests that the stock may be overvalued relative to its book value. Overall, the stock is expected to face headwinds in the near term due to its high valuation metrics and lack of profitability. However, any positive developments in the regulatory environment or significant revenue growth could drive the stock higher. Conversely, failure to meet growth expectations or further increases in losses could result in a decline toward the lower support levels.

Additional Sources for DKNG Stock

News: Wall Street Journal Benzinga Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle

DKNG Stock Overview

Market Cap in USD 16,809m
Sector Consumer Cyclical
Industry Gambling
GiC Sub-Industry Casinos & Gaming
IPO / Inception 2020-04-24

DKNG Stock Ratings

Growth Rating 12.0
Fundamental 4.53
Dividend Rating 0.0
Rel. Strength -28.1
Analysts 4.36/5
Fair Price Momentum 28.68 USD
Fair Price DCF 7.17 USD

DKNG Dividends

No Dividends Paid

DKNG Growth Ratios

Growth Correlation 3m -84.2%
Growth Correlation 12m -0.1%
Growth Correlation 5y -16.8%
CAGR 5y 11.58%
CAGR/Max DD 5y 0.14
Sharpe Ratio 12m -0.31
Alpha -33.93
Beta 1.825
Volatility 59.97%
Current Volume 10342.7k
Average Volume 20d 10827.7k
What is the price of DKNG stocks?
As of April 27, 2025, the stock is trading at USD 33.79 with a total of 10,342,662 shares traded.
Over the past week, the price has changed by +4.16%, over one month by -13.25%, over three months by -17.81% and over the past year by -17.77%.
Is DraftKings a good stock to buy?
Neither. Based on ValueRay Fundamental Analyses, DraftKings is currently (April 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 4.53 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of DKNG as of April 2025 is 28.68. This means that DKNG is currently overvalued and has a potential downside of -15.12%.
Is DKNG a buy, sell or hold?
DraftKings has received a consensus analysts rating of 4.36. Therefor, it is recommend to buy DKNG.
  • Strong Buy: 20
  • Buy: 9
  • Hold: 7
  • Sell: 0
  • Strong Sell: 0
What are the forecast for DKNG stock price target?
According to ValueRays Forecast Model, DKNG DraftKings will be worth about 33.3 in April 2026. The stock is currently trading at 33.79. This means that the stock has a potential downside of -1.57%.
Issuer Forecast Upside
Wallstreet Target Price 56.4 66.9%
Analysts Target Price 51.1 51.3%
ValueRay Target Price 33.3 -1.6%