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Insights for DraftKings Inc.
NASDAQ: DKNG
06 - Growing & Well-Funded but Loss-Making
Sector: Consumer Engagement
Industry: Gaming
Based on PEG Ratio: Unknown
Today's Price
updated on: 		33.79 (-1.14%)
Open 33.79 (0.0%)
High (Upside %) 34.09 (0.89%)
Low (Downside %) 33.26 (1.59%)
P. Close 34.18 (-1.14%)
Open-High % 0.89%
Open-Low % 1.57%
Low-High % 2.5%
Previous Data

DKNG is a Stock listed in the US on the NASDAQ under the ticker 'DKNG'

Company Summary

Business Units or Product Lines

DraftKings Inc. operates in two primary business segments: Daily Fantasy Sports (DFS) and Sportsbook & iGaming. The DFS allows users to participate in fantasy sports contests across various sports, competing against other players for cash prizes. The Sportsbook & iGaming segment offers online and retail sports betting and online casino games in jurisdictions where it is legalized.

Business Models for Each Product Line

DraftKings generates revenue from DFS through entry fees for contests, retaining a portion of the total fees as profit while distributing the remainder as prizes. In Sportsbook & iGaming, revenue is earned from calculating the difference between the wager amounts accepted and payouts made on wagers. Major expenses include marketing, technology infrastructure, compliance and licensing fees, and personnel costs.

Future Opportunities for Growth

The company has significant growth potential with the ongoing legalization of sports betting and iGaming in additional U.S. states and international markets. Partnerships with major sports organizations and brand expansion into new sports categories also offer opportunities for growth.

Potential Major Risks

Regulatory risks due to varying state laws and potential changes in legislation pose a significant challenge. Increased competition in the digital sports entertainment industry and potential technological disruptions are also major risks. In addition, the company's reliance on third-party service providers and data security concerns could impact operational stability.

Learn More about DraftKings Inc.: Company Insights by Algobear (ChatGPT);

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Also read: https://finance.yahoo.com/DKNG/profile

Basic Stats
Market Cap-Display Market Cap-Actual Market Cap Enterprise Value-Display Enterprise Value-Actual Enterprise Value Forward P/E Price/Sales Price/Book Enterprise Value/Revenue Enterprise Value/EBITDA Profit Margin Operating Margin Return on Assets Return on Equity Revenue-Display Revenue-Actual Revenue Quarterly Revenue Growth EBITDA-Display EBITDA-Actual EBITDA Diluted EPS Total Cash-Display Total Cash-Actual Total Cash Total Debt-Display Total Debt-Actual Total Debt Total Debt/Equity Current Ratio Operating Cash Flow-Display Operating Cash Flow-Actual Operating Cash Flow Levered Free Cash Flow-Display Levered Free Cash Flow-Actual Levered Free Cash Flow % Held by Insiders % Held by Institutions
16.8 B 16800000000.0 16.8 17.35 B 17350000000.0 17.35 21.69 3.4 16.63 3.64 -36.37 -10.64% -13.21% -8.85% -54.81% 4.77 B 4770000000.0 4.77 13.20% -310.0 mn -311760000.0 -0.31 -1.05 790.0 mn 788290000.0 0.79 1.34 B 1340000000.0 1.34 1.321 0.93 420.0 mn 417770000.0 0.42 330.0 mn 326650000.0 0.33 2.43% 80.13%

source:https://finance.yahoo.com/DKNG/key-statistics

Reading Information

source:https://finance.yahoo.com/DKNG/key-statistics

source:https://www.google.com/finance/quote/DKNG:NASDAQ

source:https://finance.yahoo.com/DKNG/analysis

source:https://finance.yahoo.com/DKNG/fair-value

source:https://www.nasdaq.com/market-activity/stocks/DKNG/price-earnings-peg-ratios

Upside-Downside Spread
Key Weighted 5D 1M 3M 6M 1Y 3Y 10Y
Upside % (high) 28.13% 6.42% (35.96) 14.62% (38.73) 58.66% (53.61) 58.66% (53.61) 58.66% (53.61) 58.66% (53.61) 120.12% (74.38)
Downside % (low) 11.98% 5.83% (31.82) 12.28% (29.64) 12.28% (29.64) 12.28% (29.64) 15.09% (28.69) 71.09% (9.77) 71.12% (9.76)
Spread % 16.14% 0.59% 2.34% 46.37% 46.37% 43.56% -12.43% 49.01%

DKNG's price used for computing the stats is 33.79 as on date

Cumulative Return Percent
Key Today 5D 2W 1M 3M 6M 1Y 3Y 10Y
Last Price-Trend PrevClose 0.0% 0.54% -2.71% -13.25% -18.6% -10.91% -18.01% 117.16%
Last Price 33.79 33.79 33.79 33.79 33.79 33.79 33.79 33.79 33.79
Trend-Previous Close 33.79 33.61 34.73 38.95 41.51 37.93 41.21 15.56 None

DKNG's symbol cumulative return percent is computed basis data from date

Return Velocity
5D 2W 1M 3M 6M 1Y
5D window
Metric Mean Median Stdev
Overall -0.74% 33.36 0.54% 33.79 2.94% 31.88 34.84
Up 0.98% 33.94 1.52% 34.12 0.89% 33.49 34.39
Down -4.14% 32.22 -3.51% 32.43 0.99% 31.72 32.72
5D Opportunity:
returns: 0.54% (2.31%), p.close: 33.61
entry: 34.39, exit: 34.84, min.ret: -1.33%
Using: 5D trend, 0 Days Left
Metric Mean Median Stdev
Overall 0.42% 33.75 1.03% 33.96 4.63% 31.42 36.09
Up 3.95% 34.94 1.59% 34.15 5.38% 32.23 37.65
Down -3.36% 32.48 -3.45% 32.45 2.08% 31.43 33.53
5D Opportunity:
returns: 0.54% (12.01%), p.close: 33.61
entry: 37.65, exit: 36.09, min.ret: 4.15%
Using: 5D trend, 0 Days Left
Metric Mean Median Stdev
Overall -3.19% 32.54 -2.73% 32.69 7.13% 28.94 36.13
Up 3.4% 34.75 1.68% 34.17 4.26% 32.6 36.9
Down -6.23% 31.52 -4.61% 32.06 4.83% 29.08 33.95
5D Opportunity:
returns: 0.54% (9.79%), p.close: 33.61
entry: 36.9, exit: 36.13, min.ret: 2.08%
Using: 5D trend, 0 Days Left
Metric Mean Median Stdev
Overall -0.93% 33.3 -0.06% 33.59 8.48% 29.02 37.57
Up 4.41% 35.09 2.78% 34.54 5.99% 32.07 38.11
Down -4.86% 31.98 -3.35% 32.48 5.13% 29.39 34.56
5D Opportunity:
returns: 0.54% (13.4%), p.close: 33.61
entry: 38.11, exit: 37.57, min.ret: 1.42%
Using: 5D trend, 0 Days Left
Metric Mean Median Stdev
Overall -0.21% 33.54 -0.55% 33.42 7.22% 29.9 37.18
Up 3.87% 34.91 2.13% 34.33 5.27% 32.25 37.57
Down -3.82% 32.32 -2.84% 32.66 4.18% 30.22 34.43
5D Opportunity:
returns: 0.54% (11.78%), p.close: 33.61
entry: 37.57, exit: 37.18, min.ret: 1.05%
Using: 5D trend, 0 Days Left
Metric Mean Median Stdev
Overall -0.15% 33.56 -0.03% 33.6 7.16% 29.95 37.17
Up 3.87% 34.91 2.66% 34.5 4.59% 32.6 37.22
Down -3.68% 32.37 -2.27% 32.85 4.36% 30.18 34.57
5D Opportunity:
returns: 0.54% (10.75%), p.close: 33.61
entry: 37.22, exit: 37.17, min.ret: 0.14%
Using: 5D trend, 0 Days Left
2W window
Metric Mean Median Stdev
Overall 0.61% 34.94 1.42% 35.22 3.64% 33.05 36.84
Up 6.67% 37.05 7.95% 37.49 4.95% 34.47 39.63
Down -4.88% 33.03 -4.61% 33.13 3.67% 31.12 34.94
2W Opportunity:
returns: -2.71% (-10.39%), p.close: 34.73
entry: 31.12, exit: 33.05, min.ret: 6.18%
Using: 2W trend, 0 Days Left
Metric Mean Median Stdev
Overall -5.53% 32.81 -3.83% 33.4 7.89% 28.7 36.92
Up 5.26% 36.56 5.02% 36.47 4.37% 34.28 38.83
Down -9.32% 31.49 -8.75% 31.69 6.7% 28.0 34.98
2W Opportunity:
returns: -2.71% (-19.37%), p.close: 34.73
entry: 28.0, exit: 28.7, min.ret: 2.49%
Using: 2W trend, 0 Days Left
Metric Mean Median Stdev
Overall -1.65% 34.16 -0.02% 34.72 10.82% 28.52 39.79
Up 7.61% 37.37 5.05% 36.49 8.24% 33.08 41.66
Down -7.02% 32.29 -4.55% 33.15 6.97% 28.66 35.92
2W Opportunity:
returns: -2.71% (-17.47%), p.close: 34.73
entry: 28.66, exit: 28.52, min.ret: -0.5%
Using: 2W trend, 0 Days Left
Metric Mean Median Stdev
Overall -0.47% 34.57 -0.63% 34.51 9.6% 29.57 39.57
Up 6.4% 36.95 4.13% 36.16 7.26% 33.17 40.74
Down -5.77% 32.73 -4.25% 33.25 5.67% 29.78 35.68
2W Opportunity:
returns: -2.71% (-14.27%), p.close: 34.73
entry: 29.78, exit: 29.57, min.ret: -0.71%
Using: 2W trend, 0 Days Left
Metric Mean Median Stdev
Overall -0.48% 34.56 -0.75% 34.47 9.71% 29.5 39.62
Up 6.34% 36.93 4.58% 36.32 6.46% 33.57 40.3
Down -5.77% 32.73 -3.94% 33.36 5.9% 29.65 35.8
2W Opportunity:
returns: -2.71% (-14.62%), p.close: 34.73
entry: 29.65, exit: 29.5, min.ret: -0.49%
Using: 2W trend, 0 Days Left
1M window
Metric Mean Median Stdev
Overall -15.17% 33.04 -14.33% 33.37 5.6% 29.77 36.31
Up 3.77% 40.42 3.78% 40.42 3.12% 38.6 42.24
Down -18.84% 31.61 -18.42% 31.78 3.36% 29.65 33.58
1M Opportunity:
returns: -13.25% (-23.89%), p.close: 38.95
entry: 29.65, exit: 29.77, min.ret: 0.43%
Using: 1M trend, 0 Days Left
Metric Mean Median Stdev
Overall -3.14% 37.73 -6.53% 36.41 15.22% 28.83 46.62
Up 13.55% 44.23 10.44% 43.02 11.66% 37.42 51.04
Down -11.19% 34.59 -11.88% 34.32 9.14% 29.25 39.93
1M Opportunity: BUY-APPROACHING
returns: -13.25% (-24.9%), p.close: 38.95
entry: 29.25, exit: 28.83, min.ret: -1.42%
Using: 1M trend, 0 Days Left
Metric Mean Median Stdev
Overall -1.26% 38.46 -4.05% 37.37 13.72% 30.44 46.48
Up 10.91% 43.2 7.3% 41.79 10.15% 37.27 49.13
Down -9.42% 35.28 -7.58% 36.0 7.56% 30.86 39.7
1M Opportunity: BUY-APPROACHING
returns: -13.25% (-20.76%), p.close: 38.95
entry: 30.86, exit: 30.44, min.ret: -1.37%
Using: 1M trend, 0 Days Left
Metric Mean Median Stdev
Overall -1.59% 38.33 -3.76% 37.49 12.42% 31.08 45.59
Up 9.97% 42.83 7.14% 41.73 8.9% 37.63 48.03
Down -9.71% 35.17 -8.0% 35.83 7.56% 30.75 39.58
1M Opportunity: BUY-APPROACHING
returns: -13.25% (-21.05%), p.close: 38.95
entry: 30.75, exit: 31.08, min.ret: 1.05%
Using: 1M trend, 0 Days Left

DKNG's symbol current price is 33.79 (0.0%) as on . Yesterday's close was 33.79. It's return velocities are computed basis data from date .

Win Percent
Key Weighted 5D 1M 3M 6M 1Y 3Y
Open-High (> 1.0%) 70.81% 80.0% 63.64% 65.15% 65.91% 64.29% 73.02%
Open-Low (> 1.0%) 70.66% 60.0% 81.82% 74.24% 72.73% 73.41% 71.56%
Open-Close-Up (> 0.5%) 39.05% 40.0% 36.36% 40.91% 38.64% 38.1% 44.05%
Open-Close-Down (> 0.5%) 55.32% 60.0% 54.55% 51.52% 47.73% 46.83% 42.99%
Low-Close-Up (> 1.0%) 79.33% 80.0% 86.36% 72.73% 68.18% 67.46% 71.96%
High-Close-Down (> 1.0%) 79.01% 80.0% 86.36% 71.21% 68.94% 67.46% 69.31%

DKNG's symbol win percent is computed basis data from date

Associated Tags