In the latest trading session,, 1.97 million DraftKings Inc (NASDAQ:DKNG) shares changed hands as the company’s beta touched 1.63. With the company’s most recent per share price at $37.10 changing hands around $0.2 or 0.53% at last look, the market valuation stands at $32.99B. DKNG’s current price is a discount, trading about -44.5% off its 52-week high of $53.61. The share price had its 52-week low at $28.69, which suggests the last value was 22.67% up since then.
Analysts gave the DraftKings Inc (DKNG) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.37. If we narrow down to specifics, the data shows that 3 out of 37 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 8 recommended DKNG as a Hold, 26 felt it is a Buy and 0 rated the stock as Underweight.
DraftKings Inc (NASDAQ:DKNG) trade information
Instantly DKNG is in green as seen in intraday trades today. With action -2.20%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -0.28%, with the 5-day performance at -2.20% in the red. However, in the 30-day time frame, DraftKings Inc (NASDAQ:DKNG) is 10.37% up.
The consensus price target for the stock as assigned by Wall Street analysts is 59, meaning bulls need an upside of 37.12% from its recent market value. According to analyst projections, DKNG’s forecast low is 50 with 65 as the target high. To hit the forecast high, the stock’s price needs a -75.2% plunge from its current level, while the stock would need to soar -34.77% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -6.36%. The 2025 estimates are for DraftKings Inc earnings to increase by 134.64%.
DKNG Dividends
DraftKings Inc is expected to release its next quarterly earnings report in June.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 6.4338% or 30.84 million shares worth $1.18 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund . With 14.53 shares estimated at $537.52 million under it, the former controlled 2.93% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund held about 2.38% of the shares, roughly 11.8 shares worth around $436.45 million.
