DraftKings Inc. (DKNG) Research

DraftKings Inc. operates as a leading digital enterprise specializing in sports entertainment and gaming. The company provides sophisticated multi-channel sports betting and gaming technology solutions to operators across 17 countries, facilitating diverse entertainment experiences. Directly, DraftKings manages its own iGaming services under the DraftKings brand in five U.S. states, and separately operates Golden Nugget Online Gaming, another iGaming offering, in three states. Its Sportsbook platform is accessible for both mobile and physical wagers in 18 U.S. states, all in compliance with local regulations. Beyond traditional betting, DraftKings offers its daily fantasy sports product globally in six countries, spanning 15 different sports disciplines. Further diversifying its portfolio, the company has established DraftKings Marketplace, a user-friendly digital collectibles platform featuring curated NFT releases and supporting secondary trading. It also possesses Vegas Sports Information Network (VSiN), a multi-platform content and broadcasting entity. Established in 2011, DraftKings Inc. maintains its headquarters in Boston, Massachusetts.

Market snapshot

Symbol
DKNG
Price
$26.39
Day change
+0.27%
Market cap
$13.1B
P/E ratio
219.26x
52-week range
20.46-48.78
Sector
Consumer Cyclical
Industry
Gambling, Resorts & Casinos
Next earnings
in 2 months
Analyst price target
$35.75

Recent news

  • Novig wins CFTC approval as competition intensifies in sports prediction markets

    On Tuesday, the CFTC granted approval for Novig's designated contract markets application. Both Novig and recently approved ProphetX will be up against not only Kalshi, which dominates the space, but Polymarket, Robinhood, Crypto.com and the sportsbook giants FanDuel, DraftKings and Fanatics.

  • Sports betting is taking a bite out of gamblers' grocery budgets, new research suggests

    A report released just days before the start of the FIFA World Cup finds a correlation between sports betting and not having enough to eat.

  • DraftKings Stock In Focus After 11% Surge on Predictions Metrics — FIFA World Cup Adds To The Bull Case

    DraftKings Inc. (NASDAQ:DKNG) is in focus Wednesday, a day after surging 11% on blockbuster Predictions platform metrics — even as the broader Nasdaq fell — with the FIFA World Cup kicking off tomorrow adding further fuel to the bull case.

Peer companies

  • Best Buy Co., Inc. (BBY)
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  • Honda Motor Co., Ltd. (HMC)
  • Magna International Inc. (MGA)
  • NIO Inc. (NIO)
  • Packaging Corporation of America (PKG)
  • Rivian Automotive, Inc. (RIVN)
  • Wayfair Inc. (W)

Recent insider activity

  • Robins Jason — G-Gift (8545 shares) on 2026-06-12
  • Dodge R Stanton — M-Exempt (62500 shares) on 2026-06-11
  • Dodge R Stanton — M-Exempt (62500 shares) on 2026-06-11
  • Dodge R Stanton — S-Sale (54311 shares) on 2026-06-11
  • Dodge R Stanton — S-Sale (8189 shares) on 2026-06-11

Open DraftKings Inc. (DKNG) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.