Overview Dividends

(DKNG) DraftKings - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US26142V1052

Sports Betting, Fantasy Sports, Online Casino, Digital Collectibles, Retail Sportsbooks

DKNG EPS (Earnings per Share)

EPS (Earnings per Share) of DKNG over the last years for every Quarter: "2020-09": -0.98, "2020-12": -0.68, "2021-03": -0.8, "2021-06": -0.78, "2021-09": -1.35, "2021-12": -0.8, "2022-03": -0.74, "2022-06": -0.5, "2022-09": -1, "2022-12": -0.53, "2023-03": -0.51, "2023-06": -0.17, "2023-09": -0.35, "2023-12": -0.1, "2024-03": -0.3, "2024-06": 0.12, "2024-09": -0.17, "2024-12": -0.28, "2025-03": 0.12, "2025-06": 0.3, "2025-09": -0.26,
EPS Growth (3Y CAGR): 139.16%
EPS Trend (3Y Correlation): 63.3%

DKNG Revenue

Revenue of DKNG over the last years for every Quarter: 2020-09: 132.836, 2020-12: 322.223, 2021-03: 312.276, 2021-06: 297.605, 2021-09: 212.819, 2021-12: 473.325, 2022-03: 417.205, 2022-06: 466.185, 2022-09: 501.938, 2022-12: 855.133, 2023-03: 769.652, 2023-06: 874.927, 2023-09: 789.957, 2023-12: 1230.857, 2024-03: 1174.996, 2024-06: 1104.441, 2024-09: 1095.49, 2024-12: 1392.772, 2025-03: 1408.806, 2025-06: 1512.507, 2025-09: 1144.019,
Revenue Growth (3Y CAGR): 11.16%
Revenue Trend (3Y Correlation): 82.0%
Risk via 10d forecast
Volatility 53.2%
Value at Risk 5%th 86.4%
Relative Tail Risk -1.41%
Reward TTM
Sharpe Ratio -0.57
Alpha -44.61
Character TTM
Hurst Exponent 0.513
Beta 1.163
Beta Downside 1.455
Drawdowns 3y
Max DD 47.80%
Mean DD 15.66%
Median DD 14.14%

Description: DKNG DraftKings October 16, 2025

DraftKings Inc. (NASDAQ:DKNG) is a Boston-based digital sports entertainment firm that operates both online and retail sportsbooks, daily fantasy sports platforms, and iGaming casino games such as blackjack, roulette, baccarat, and slots. The company also licenses its betting-software to third-party operators and runs a digital collectibles marketplace that sells curated NFTs.

Key recent metrics (Q2 2024):  revenue grew 23 % YoY to $1.12 bn, driven primarily by a 31 % increase in sportsbook volume; adjusted EBITDA margin expanded to 12 % from 9 % a year earlier, reflecting higher gross margins on iGaming and software licensing. The sector’s growth is closely tied to the U.S. regulatory environment-more than 30 states now allow online sports betting, and further liberalization is expected to lift total addressable market (TAM) by an estimated $30 bn over the next five years.

For a deeper dive into DraftKings’ valuation assumptions and scenario analysis, you may find ValueRay’s analytical tools useful.

DKNG Stock Overview

Market Cap in USD 15,132m
Sub-Industry Casinos & Gaming
IPO / Inception 2020-04-24
Return 12m vs S&P 500 -37.3%
Analyst Rating 4.47 of 5

DKNG Dividends

Currently no dividends paid

DKNG Growth Ratios

CAGR 3y 25.53%
CAGR/Max DD Calmar Ratio 0.53
CAGR/Mean DD Pain Ratio 1.63
Current Volume 17272.2k
Average Volume 17272.2k

Piotroski VR‑10 (Strict, 0-10) 4.0

Net Income (-267.6m TTM) > 0 and > 6% of Revenue (6% = 327.5m TTM)
FCFTA 0.14 (>2.0%) and ΔFCFTA 11.01pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 3.09% (prev -0.06%; Δ 3.15pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.14 (>3.0%) and CFO 667.6m > Net Income -267.6m (YES >=105%, WARN >=100%)
NO Net Debt/EBITDA fails (EBITDA <= 0)
Current Ratio 1.09 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (529.5m) change vs 12m ago 8.91% (target <= -2.0% for YES)
Gross Margin 39.23% (prev 38.50%; Δ 0.73pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 122.7% (prev 107.8%; Δ 14.90pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 0.07 (EBITDA TTM -67.9m / Interest Expense TTM 37.1m) >= 6 (WARN >= 3)

Altman Z'' -6.16

(A) 0.04 = (Total Current Assets 1.95b - Total Current Liabilities 1.78b) / Total Assets 4.62b
(B) -1.42 = Retained Earnings (Balance) -6.57b / Total Assets 4.62b
warn (B) unusual magnitude: -1.42 — check mapping/units
(C) 0.00 = EBIT TTM 2.46m / Avg Total Assets 4.45b
(D) -1.68 = Book Value of Equity -6.54b / Total Liabilities 3.89b
Total Rating: -6.16 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 47.64

1. Piotroski 4.0pt = -1.0
2. FCF Yield 4.29% = 2.15
3. FCF Margin 11.98% = 3.00
4. Debt/Equity 1.81 = 1.04
5. Debt/Ebitda -1.48 = -2.50
6. ROIC - WACC (= -9.49)% = -11.87
7. RoE -29.52% = -2.50
8. Rev. Trend 82.01% = 6.15
9. EPS Trend 63.27% = 3.16

What is the price of DKNG shares?

As of November 16, 2025, the stock is trading at USD 29.58 with a total of 17,272,208 shares traded.
Over the past week, the price has changed by -2.70%, over one month by -13.91%, over three months by -32.26% and over the past year by -28.10%.

Is DraftKings a good stock to buy?

No, based on ValueRay´s Fundamental Analyses, DraftKings (NASDAQ:DKNG) is currently (November 2025) a stock to sell. It has a ValueRay Fundamental Rating of 47.64 and therefor a negative outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of DKNG is around 25.67 USD . This means that DKNG is currently overvalued and has a potential downside of -13.22%.

Is DKNG a buy, sell or hold?

DraftKings has received a consensus analysts rating of 4.47. Therefore, it is recommended to buy DKNG.
  • Strong Buy: 20
  • Buy: 7
  • Hold: 5
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the DKNG price?

Issuer Target Up/Down from current
Wallstreet Target Price 48.1 62.6%
Analysts Target Price 48.1 62.6%
ValueRay Target Price 28.9 -2.3%

DKNG Fundamental Data Overview November 11, 2025

Market Cap USD = 15.13b (15.13b USD * 1.0 USD.USD)
P/E Forward = 16.0
P/S = 2.7724
P/B = 17.1567
Beta = 1.609
Revenue TTM = 5.46b USD
EBIT TTM = 2.46m USD
EBITDA TTM = -67.9m USD
Long Term Debt = 1.26b USD (from longTermDebt, last fiscal year)
Short Term Debt = 11.5m USD (from shortTermDebt, last quarter)
Debt = 1.33b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 100.8m USD (from netDebt column, last quarter)
Enterprise Value = 15.23b USD (15.13b + Debt 1.33b - CCE 1.23b)
Interest Coverage Ratio = 0.07 (Ebit TTM 2.46m / Interest Expense TTM 37.1m)
FCF Yield = 4.29% (FCF TTM 654.1m / Enterprise Value 15.23b)
FCF Margin = 11.98% (FCF TTM 654.1m / Revenue TTM 5.46b)
Net Margin = -4.90% (Net Income TTM -267.6m / Revenue TTM 5.46b)
Gross Margin = 39.23% ((Revenue TTM 5.46b - Cost of Revenue TTM 3.32b) / Revenue TTM)
Gross Margin QoQ = 31.46% (prev 43.50%)
Tobins Q-Ratio = 3.29 (Enterprise Value 15.23b / Total Assets 4.62b)
Interest Expense / Debt = 1.47% (Interest Expense 19.6m / Debt 1.33b)
Taxrate = 4.46% (-12.1m / -270.5m)
NOPAT = 2.35m (EBIT 2.46m * (1 - 4.46%))
Current Ratio = 1.09 (Total Current Assets 1.95b / Total Current Liabilities 1.78b)
Debt / Equity = 1.81 (Debt 1.33b / totalStockholderEquity, last quarter 732.3m)
Debt / EBITDA = -1.48 (negative EBITDA) (Net Debt 100.8m / EBITDA -67.9m)
Debt / FCF = 0.15 (Net Debt 100.8m / FCF TTM 654.1m)
Total Stockholder Equity = 906.4m (last 4 quarters mean from totalStockholderEquity)
RoA = -5.79% (Net Income -267.6m / Total Assets 4.62b)
RoE = -29.52% (Net Income TTM -267.6m / Total Stockholder Equity 906.4m)
RoCE = 0.11% (EBIT 2.46m / Capital Employed (Equity 906.4m + L.T.Debt 1.26b))
RoIC = 0.09% (NOPAT 2.35m / Invested Capital 2.61b)
WACC = 9.58% (E(15.13b)/V(16.46b) * Re(10.30%) + D(1.33b)/V(16.46b) * Rd(1.47%) * (1-Tc(0.04)))
Discount Rate = 10.30% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 6.36%
[DCF Debug] Terminal Value 61.00% ; FCFE base≈446.1m ; Y1≈292.9m ; Y5≈133.9m
Fair Price DCF = 3.82 (DCF Value 1.90b / Shares Outstanding 496.5m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 63.27 | EPS CAGR: 139.2% | SUE: -1.55 | # QB: 0
Revenue Correlation: 82.01 | Revenue CAGR: 11.16% | SUE: -1.17 | # QB: 0

Additional Sources for DKNG Stock

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