In the last trading session, 10.81 million DraftKings Inc (NASDAQ:DKNG) shares changed hands as the company’s beta touched 1.64. With the company’s per share price at $37.56 changed hands at $1.36 or 3.76% during last session, the market valuation stood at $33.40B. DKNG’s last price was a discount, traded about -42.73% 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 23.62% up since then.
Analysts gave the DraftKings Inc (DKNG) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.33. 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’s EPS for the current quarter is expected to be 0.32.
DraftKings Inc (NASDAQ:DKNG) trade information
Instantly DKNG was in green as seen at the end of in last trading. With action 9.44%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 0.97%, with the 5-day performance at 9.44% in the green. However, in the 30-day time frame, DraftKings Inc (NASDAQ:DKNG) is 3.67% up.
The consensus price target for the stock as assigned by Wall Street analysts is 59, meaning bulls need an upside of 36.34% from its current market value. According to analyst projections, DKNG’s forecast low is 46 with 65 as the target high. To hit the forecast high, the stock’s price needs a -73.06% plunge from its current level, while the stock would need to soar -22.47% for it to hit the projected low.
DraftKings Inc (DKNG) estimates and forecasts
Year-over-year growth is forecast to reach 32.18% up from the last financial year.
Consensus estimates given by 24 financial analysts project the company’s revenue in the current quarter to hit an average of 1.39B. 24 analysts are of the opinion that DraftKings Inc’s revenue for the current quarter will be 1.4B. The company’s revenue for the corresponding quarters a year ago was 1.1B and 1.1B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 25.66%. The estimates for the next quarter sales put growth at 27.88%.
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 133.42%.
DraftKings Inc (NASDAQ:DKNG)’s Major holders
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 Mar 31, 2025 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and JANUS INVESTMENT FUND-Janus Henderson Forty Fund. With 14.68 shares estimated at $551.56 million under it, the former controlled 2.96% of total outstanding shares. On the other hand, JANUS INVESTMENT FUND-Janus Henderson Forty Fund held about 2.36% of the shares, roughly 11.7 shares worth around $439.34 million.
