Stocks · Consumer Cyclical · Gambling, Resorts & Casinos
DraftKings Inc. DKNG
$18.59 -3.93% Close, Oct 2, 2026 · NASDAQ · Market cap $9.22B
Weak trend
Next earnings report: Nov 5, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Net debt is 5.7× EBITDA, a high level of leverage.
- Over the past year the stock returned -47.1%, behind the S&P 500 by 62.2 percentage points.
- The stock is in a downtrend: below its 200-day average, with the 50-day average below the 200-day.
PromtFinance scores
Each score is a percentile within the Consumer Cyclical sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 14%
- FCF growth (TTM, YoY)Top 43%
- Revenue growth, 3-year CAGRTop 1%
- Revenue growth accelerationBottom 4%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 11%
- Gross marginTop 39%
- Operating marginBottom 12%
- Accruals (lower is better)Top 5%
- Net debt / EBITDA (lower is better)Bottom 24%
- Interest coverBottom 7%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 24%
- Free-cash-flow yieldTop 43%
- EBITDA / enterprise valueBottom 17%
- Sales / enterprise valueBottom 39%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 17%
- 6-month returnBottom 21%
- 1-year return vs S&P 500Bottom 10%
- Distance from 52-week highBottom 16%
- Trend checklist (0–4)Bottom 18%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 5%
- Consecutive EPS beatsBottom 13%
- Share of analysts rating BuyTop 16%
- Upside to consensus price targetTop 13%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 32%
- Maximum drawdown, 3 yearsBottom 33%
- Beta vs S&P 500 (lower is better)Bottom 28%
- Net debt / EBITDA (lower is better)Bottom 24%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 25.8% | 15.0% | ↓ |
| Gross margin | 39.5% | 40.5% | ↑ |
| Operating margin | -6.2% | -2.9% | ↑ |
| FCF margin | 8.7% | 9.9% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 15.0% | 25.8% | ↓ | Top 14% |
| Gross margin | 40.5% | 39.5% | ↑ | Top 39% |
| Operating margin | -2.9% | -6.2% | ↑ | Bottom 12% |
| Net margin | -2.7% | -5.6% | ↑ | — |
| Free-cash-flow margin | 9.9% | 8.7% | ↑ | — |
| Return on invested capital | -6.7% | — | Bottom 11% | |
| Revenue growth, 3-year CAGR | 39.3% | — | Top 1% |
Quality of earnings and balance sheet
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -19.6%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 5.2%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -54.9 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 5.71×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- -13.2×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- 7.14%
- Shareholder yield
- 7.14%
- Share count change, 1 year
- -6.3%
- Share count change, 3-year CAGR
- +2.4%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 7, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 0
- Beats in the last 8 reports
- 2 of 8
- Average EPS surprise, last 4
- -100.0%
- Average 2-day reaction, last 8
- +1.2%
- Positive 20 days after report
- 5 of 8
Analysts
- Consensus price target
- $33.56
- Target vs current price
- +80.5%
- Analysts with a rating
- 48
- Share rating Buy or Strong Buy
- 73%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 6, 2026 | -741.6% | +1.9% | +17.2% | +11.3% | — |
| May 7, 2026 | -9.1% | +5.4% | +4.6% | +6.1% | -1.8% |
| Feb 12, 2026 | +0.0% | -4.3% | -14.5% | -2.8% | -3.0% |
| Nov 6, 2025 | -20.6% | +0.2% | +12.9% | +26.0% | -4.2% |
| Aug 7, 2025 | +151.2% | -0.4% | -4.9% | +4.5% | -33.6% |
| May 8, 2025 | +9.7% | +2.0% | +10.3% | -2.7% | +29.9% |
| Feb 13, 2025 | -500.0% | +2.2% | +8.8% | -18.6% | -20.3% |
| Nov 8, 2024 | -42.9% | +3.0% | +5.5% | +13.5% | +8.9% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 6, 2026 | -$0.14 | $0.02 | -741.6% | $1.44B |
| May 7, 2026 | $0.20 | $0.22 | -9.1% | $1.65B |
| Feb 12, 2026 | $0.36 | $0.36 | +0.0% | $1.99B |
| Nov 6, 2025 | -$0.52 | -$0.43 | -20.6% | $1.14B |
| Aug 7, 2025 | $0.38 | $0.15 | +151.2% | $1.51B |
| May 8, 2025 | -$0.07 | -$0.08 | +9.7% | $1.41B |
| Feb 13, 2025 | -$0.28 | $0.07 | -500.0% | $1.39B |
| Nov 8, 2024 | -$0.60 | -$0.42 | -42.9% | $1.10B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (forward) | 159.5× | — | — | — |
| EV / EBITDA | 62.2× | — | — | Bottom 17% |
| EV / Sales | 1.63× | — | — | Bottom 39% |
| Free-cash-flow yield | 6.68% | — | — | Top 43% |
| Earnings yield | -1.72% | — | — | Bottom 24% |
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -4.9%
- 200-day average slope (20 days)
- -3.9%
- Distance from 50-day average
- -21.0%
- Distance from 200-day average
- -27.7%
- RSI (14)
- 27.5
- Relative volume
- 1.30×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 51.5%
- Volatility vs own 5-year history
- 48th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.31
- Correlation with S&P 500
- 0.39
- Current drawdown from 1-year high
- -48.7%
- Maximum drawdown, 3 years
- -65.2%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Mar 19, 2021 | May 11, 2022 | -85.7% | 289 days | Not yet recovered |
| Oct 2, 2020 | Oct 30, 2020 | -44.5% | 20 days | 66 days (Feb 5, 2021) |
| Mar 1, 2021 | Mar 5, 2021 | -13.4% | 4 days | 3 days (Mar 10, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $9.22B
- EPS, diluted (TTM)
- -$0.32
- Revenue (TTM)
- $6.22B
- 52-week range
- $18.52 – $36.98
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $1.30B | $2.24B | $3.67B | $4.77B | $6.05B |
| Gross profit | $501.9M | $756.2M | $1.37B | $1.82B | $2.50B |
| Operating income | -$1.56B | -$1.51B | -$789.2M | -$609.0M | -$15.8M |
| Net income | -$1.52B | -$1.38B | -$802.1M | -$507.3M | $3.7M |
| EPS (diluted) | -$3.79 | -$3.15 | -$1.73 | -$1.05 | -$0.01 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.10B | $1.39B | $1.41B | $1.51B | $1.14B | $1.99B | $1.65B | $1.44B |
| Net income | -$293.7M | -$134.9M | -$33.9M | $157.9M | -$256.8M | $136.4M | $21.1M | -$67.6M |
| EPS (diluted) | -$0.60 | -$0.28 | -$0.07 | $0.30 | -$0.48 | $0.26 | $0.04 | -$0.14 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | -$419.5M | -$625.5M | -$1.8M | $417.8M | $662.9M |
| Capital expenditure | -$98.3M | -$103.6M | -$113.4M | -$10.2M | -$15.4M |
| Free cash flow | -$517.8M | -$729.2M | -$115.1M | $407.6M | $647.5M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | -$17.8M | -$25.5M | -$80.0M | -$151.0M | -$803.5M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $983.9M
- Total assets
- $4.28B
- Total liabilities
- $3.71B
- Total debt
- $1.92B
- Net debt
- $932.1M
- Shareholders’ equity
- $569.4M
As of Jun 30, 2026 (filed Aug 7, 2026).
Short interest
- Shares sold short
- 37,754,989
- Days to cover
- 4.29
- Change vs previous report
- -0.8%
FINRA short interest, settlement date Sep 15, 2026.