DKNG
DraftKings Inc. · Consumer Discretionary · Gambling
At close
$18.84
−$0.06 (−0.34%) Close
Pre-market $18.81 −$0.03 (−0.13%) 6:53 PM ET
Prev close $18.90
Open $18.77
Day high $18.84
Day low $18.73
Volume 5,898
Avg vol 13,854,996
Mkt cap
$9.38B
EV/Sales
1.64
P/E ratio
-55.40
FY Revenue
$6.22B
EPS
-0.34
Gross Margin
40.54%
Div yield
0.00%
Sector
Consumer Discretionary
AI report sections
DKNG
DraftKings Inc.
DraftKings shows improving short-term price momentum with the latest close above its 50-day average and constructive MACD and RSI readings, even as the share price remains well below its 52-week high. Fundamentally, the company has transitioned to positive net income and free cash flow with double-digit operating cash flow growth, but this is offset by very thin operating margins, elevated leverage, and premium valuation multiples. Short interest and news flow indicate moderately constructive sentiment alongside heightened short-volume activity that may contribute to near-term volatility.
AI summarized at 2:19 PM ET, 2026-06-09
AI summary scores
INTRADAY: 63 SWING: 58 LONG: 52
Volume vs average
Intraday (cumulative)
−12% (Below avg)
Vol/Avg: 0.88×
RSI
39.48 (Weak)
Weak (30–40)
MACD momentum
Intraday
+0.01 (Strong)
MACD: 0.02 Signal: 0.02
Short-Term
+0.05 (Strong)
MACD: -1.07 Signal: -1.13
Long-Term
-0.12 (Weak)
MACD: -1.49 Signal: -1.37
Intraday trend score 39.06

Latest news

DKNG 12 articles Positive: 1 Neutral: 3 Negative: 8
Negative Zacks Investment Research • Zacks.Com
DraftKings (DKNG) Suffers a Larger Drop Than the General Market: Key Insights

DraftKings (DKNG) declined 4.16% on October 14, 2026, significantly underperforming the S&P 500's 1.11% loss. The stock has dropped 19.97% over the past month. While revenue is expected to grow 25.53% in the upcoming quarter and 11% annually, the Zacks Consensus EPS estimate has declined 19.05% over the past month. DKNG currently holds a Zacks Rank of #5 (Strong Sell) and trades at a premium valuation with a Forward P/E of 21.91 compared to the industry average of 15.56.

DKNG DraftKings stock decline earnings forecast valuation premium Zacks Rank gaming industry consumer discretionary
Sentiment note

DraftKings received a Zacks Rank #5 (Strong Sell) rating due to a 19.05% decline in consensus EPS estimates over the past month. The stock underperformed the broader market with a 4.16% drop and has fallen 19.97% over the past month. Additionally, the stock trades at a premium valuation (Forward P/E of 21.91 vs. industry average of 15.56), which combined with negative estimate revisions signals deteriorating business outlook.

Neutral The Motley Fool • Jake Lerch
Walt Disney vs. Netflix: Which Media Stock Is a Better Buy in 2026?

The article compares Walt Disney and Netflix as investment options in 2026. Netflix demonstrates superior growth (15.9% revenue growth), higher profitability (24.3% net margin), and better efficiency (41% ROE), while Disney offers lower valuation multiples (1.9x P/S vs 6.1x) and dividend income. The author concludes Netflix has the edge due to faster growth and greater efficiency, though value-oriented investors may prefer Disney's lower valuation.

DIS NFLX AMZN DKNG streaming entertainment media stocks valuation comparison growth vs value
Sentiment note

DraftKings is mentioned only as a recent partnership with Disney for sports betting expansion through ESPN, with no investment analysis or sentiment provided.

Negative Zacks Investment Research • Na
Can DraftKings' Super App Unlock Growth Beyond Sportsbook States?

DraftKings is expanding its addressable market through its Super App strategy, leveraging its Predictions offering to reach customers in states where Sportsbook is unavailable. Over 600,000 customers have adopted Predictions with lower acquisition costs than Sportsbook. However, DKNG stock has declined 26% in three months and holds a Zacks Rank #4 (Sell) rating, with consensus EPS estimates declining over the past 60 days despite projected 36.4% earnings growth in 2026.

DKNG ACEL BYD PENN Super App strategy Predictions offering customer acquisition cross-selling
Sentiment note

Despite positive operational metrics (600K+ Predictions users, low acquisition costs, strong engagement), DKNG faces headwinds: stock declined 26% in three months, trading at discount valuation, consensus EPS estimates declining in past 60 days, and assigned Zacks Rank #4 (Sell) rating. Regulatory uncertainty and need to prove sustained monetization present risks.

Negative Zacks Investment Research • Zacks.Com
DraftKings (DKNG) Suffers a Larger Drop Than the General Market: Key Insights

DraftKings (DKNG) declined 3.04% on October 7, 2026, significantly underperforming the S&P 500's 0.22% loss. The stock has dropped 17.26% over the past month, far exceeding the Consumer Discretionary sector's 2.69% decline. While earnings are expected to grow 61.54% and revenue 25.53% year-over-year, the company carries a Zacks Rank #4 (Sell) rating due to a 19.05% decrease in consensus EPS estimates over the last 30 days. Its Forward P/E of 21.94 trades at a premium to the industry average of 15.68.

DKNG DraftKings stock decline underperformance earnings growth Zacks Rank valuation gaming industry
Sentiment note

Stock declined 3.04% on the day and 17.26% over the past month, significantly underperforming broader market indices. Assigned a Zacks Rank #4 (Sell) rating with a 19.05% decrease in consensus EPS estimates over 30 days. Trading at a premium valuation (Forward P/E 21.94 vs. industry average 15.68) despite negative near-term estimate revisions, indicating weakening investor confidence.

Neutral Zacks Investment Research • Na
DKNG iGaming Shows Signs of Recovery: Is a Turnaround Near?

DraftKings is showing early signs of recovery in its iGaming business with improved revenue growth, stabilized market share, and successful product launches like Lightning Link and Flex Spins. However, the company faces intense competition from Flutter Entertainment and PENN Entertainment. DKNG stock is trading at a discount with a Zacks Rank #4 (Sell) rating, though 2026 earnings are projected to surge 36.4%.

DKNG FLUT PENN iGaming market share stabilization product innovation online gaming competitive pressure
Sentiment note

Mixed signals: positive momentum from iGaming recovery, stabilized market share, and new product launches (Lightning Link, Flex Spins) are offset by a Zacks Rank #4 (Sell) rating, 27.4% three-month stock decline, and declining EPS estimates in the past 60 days despite strong 2026 earnings projections.

Negative Zacks Investment Research • Zacks.Com
Investors Heavily Search DraftKings Inc. (DKNG): Here is What You Need to Know

DraftKings (DKNG) has been heavily searched by investors recently. The stock has declined 18.4% over the past month, underperforming the S&P 500. While revenue growth forecasts remain positive at 11-14.9% for current and next fiscal years, earnings estimate revisions have declined significantly (-19.1% over the last 30 days for current fiscal year). The company received a Zacks Rank #4 (Sell) rating, suggesting it may underperform the broader market in the near term.

DKNG DraftKings stock performance earnings estimates revenue growth valuation Zacks Rank gaming industry
Sentiment note

DraftKings received a Zacks Rank #4 (Sell) rating due to significant negative revisions in earnings estimates (-19.1% over 30 days for current fiscal year). The stock has underperformed the market by 18.4% over the past month. Additionally, the company missed both EPS (-59.09%) and revenue (-3.84%) consensus estimates in the last reported quarter, with declining EPS year-over-year ($0.09 vs $0.38). While revenue growth forecasts are positive, the deteriorating earnings outlook and sell rating indicate near-term underperformance.

Negative Zacks Investment Research • Na
Can DKNG's DKeX Rollout Lift Profit Per Customer Into 2027?

DraftKings is shifting more Predictions trading volume to its DKeX exchange to retain fees from external providers. With Futures Commission Merchant approval obtained in July 2026, the company aims to improve profitability through in-house operations. While Predictions may generate lower revenue per customer than Sportsbook, higher margins could deliver comparable gross profit. However, DKNG stock has declined 26.6% in three months and carries a Zacks Rank #4 (Sell) rating, with consensus EPS estimates declining over the past 60 days.

DKNG ACEL BYD PENN DKeX exchange Predictions trading in-house operations market-making
Sentiment note

Despite strategic initiatives to improve profitability through DKeX, the stock has underperformed peers with a 26.6% decline in three months. The Zacks Rank #4 (Sell) rating and declining EPS consensus estimates over 60 days indicate investor skepticism about near-term performance, despite positive long-term strategic positioning.

Negative Zacks Investment Research • Na
Here's Why DraftKings (DKNG) Fell More Than Broader Market

DraftKings (DKNG) declined 7.42% to $19.59 in the latest session, underperforming major indices. The stock has fallen 12.89% over the past month. Zacks Consensus EPS estimates have dropped 22.73% over the past month, and the company carries a Zacks Rank of #4 (Sell). While revenue is expected to grow 25.53% in the upcoming quarter and 11% for the full year, the stock trades at a premium valuation with a Forward P/E of 23.51 versus the industry average of 15.25.

DKNG DraftKings stock decline earnings estimates valuation Zacks Rank
Sentiment note

Stock declined 7.42% on the day and 12.89% over the past month. Zacks Consensus EPS estimates fell 22.73% in the past month. The company received a Zacks Rank of #4 (Sell) and trades at a premium valuation (Forward P/E of 23.51 vs. industry average of 15.25), indicating overvaluation concerns despite positive revenue growth projections.

Negative Zacks Investment Research • Zacks.Com
Is It Worth Investing in DraftKings (DKNG) Based on Wall Street's Bullish Views?

While Wall Street analysts maintain a bullish average brokerage recommendation (ABR) of 1.61 for DraftKings with 25 Strong Buy ratings, the article cautions that such recommendations often reflect institutional bias rather than true investment potential. The Zacks Rank system, which relies on earnings estimate revisions, has assigned DraftKings a Rank #4 (Sell) rating due to a 22.7% decline in consensus earnings estimates over the past month, suggesting investors should be skeptical of the positive analyst sentiment.

DKNG DraftKings stock recommendation analyst bias earnings estimates Zacks Rank investment decision brokerage recommendations
Sentiment note

Despite bullish Wall Street recommendations (ABR 1.61, 67.6% Strong Buy), the Zacks Rank assigned a #4 (Sell) rating based on a significant 22.7% decline in consensus earnings estimates over the past month, indicating deteriorating earnings prospects and suggesting near-term stock decline potential.

Neutral GlobeNewswire Inc. • Apptopia
Apptopia: NFL Season Drives Sportsbook App DAUs Past World Cup Peaks

Apptopia published an updated report analyzing online sportsbooks and prediction markets, tracking daily active users, session frequency, and cross-app usage for major players including DraftKings, Flutter Entertainment, Caesars Entertainment, MGM Resorts, Kalshi, and Polymarket. The analysis covers the period from the World Cup through the first week of the NFL season.

DKNG FLUT CZR MGM online sportsbooks prediction markets mobile app intelligence daily active users
Sentiment note

Company is subject of analysis report with engagement metrics tracked, but no specific performance data or commentary provided in the article.

Negative Zacks Investment Research • Zacks.Com
Is It Worth Investing in DraftKings (DKNG) Based on Wall Street's Bullish Views?

While Wall Street analysts maintain a bullish average brokerage recommendation (ABR) of 1.61 for DraftKings with 25 Strong Buy ratings, the article cautions that analyst recommendations often suffer from positive bias due to vested interests. The Zacks Rank system, which relies on earnings estimate revisions, rates DKNG as a Sell (#4) due to a 4.5% decline in consensus earnings estimates over the past month to $0.99, suggesting investors should be skeptical of the bullish Wall Street consensus.

DKNG DraftKings analyst recommendations earnings estimates Zacks Rank stock rating investment decision
Sentiment note

Despite bullish Wall Street recommendations (ABR 1.61, 67.6% Strong Buy), DraftKings received a Zacks Rank #4 (Sell) rating due to declining earnings estimate revisions (down 4.5% to $0.99 consensus EPS). The article emphasizes that earnings estimate revisions are more reliable predictors of near-term stock performance than analyst recommendations, indicating downside risk.

Positive GlobeNewswire Inc. • Not Specified
DraftKings Extends Agreement with IC360 to Enhance Integrity Monitoring and Combat Athlete Harassment Across Sportsbook and Prediction Market Platforms

DraftKings has extended its agreement with Integrity Compliance 360 (IC360) to deploy a comprehensive suite of integrity and compliance technologies across its sportsbook and prediction market platforms. The integration marks the first single-operator deployment of IC360's full technology stack, including Integrity Monitoring, ProhiBet, ProhiTrade, and ProhiBet Bad Actors, aimed at combating athlete harassment and market manipulation.

DKNG integrity monitoring sports betting prediction markets compliance technology athlete harassment market manipulation responsible gaming
Sentiment note

DraftKings is strengthening its compliance and integrity infrastructure through a comprehensive technology partnership, demonstrating commitment to responsible gaming and regulatory standards. This proactive approach enhances platform credibility and reduces operational risk.

News and sentiment labels describe article tone and are provided for research purposes only. They are not trading recommendations or forecasts.
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