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 Growth (3Y CAGR): 220.26%
EPS Trend (3Y Correlation): 76.7%

DKNG Revenue

Revenue Growth (3Y CAGR): 49.35%
Revenue Trend (3Y Correlation): 90.1%

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	16,930m
Sub-Industry	Casinos & Gaming
IPO / Inception	2020-04-24

DKNG Stock Ratings

Growth Rating	34.3%
Fundamental	50.2%
Dividend Rating	-
Return 12m vs S&P 500	-28.7%
Analyst Rating	4.47 of 5

DKNG Dividends

Currently no dividends paid

DKNG Growth Ratios

Growth Correlation 3m	-81%
Growth Correlation 12m	-0.3%
Growth Correlation 5y	-8.1%
CAGR 5y	39.76%
CAGR/Max DD 3y (Calmar Ratio)	0.91
CAGR/Mean DD 3y (Pain Ratio)	2.63
Sharpe Ratio 12m	-0.24
Alpha	-49.71
Beta	1.984
Volatility	53.59%
Current Volume	15343.5k
Average Volume 20d	16425.6k
Stop Loss	28.9 (-5.5%)
Signal	0.01

Piotroski VR‑10 (Strict, 0-10) 4.5

Net Income (-304.5m TTM) > 0 and > 6% of Revenue (6% = 324.6m TTM)

FCFTA 0.12 (>2.0%) and ΔFCFTA 11.26pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 8.36% (prev 3.47%; Δ 4.89pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.11 (>3.0%) and CFO 513.7m > Net Income -304.5m (YES >=105%, WARN >=100%)

NO Net Debt/EBITDA fails (EBITDA <= 0)

Current Ratio 1.34 (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 10.47% (target <= -2.0% for YES)

Gross Margin 39.45% (prev 38.76%; Δ 0.69pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 124.5% (prev 101.9%; Δ 22.52pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio -15.87 (EBITDA TTM -70.0k / Interest Expense TTM 18.4m) >= 6 (WARN >= 3)

Altman Z'' -6.29

(A) 0.10 = (Total Current Assets 1.79b - Total Current Liabilities 1.33b) / Total Assets 4.47b

(B) -1.41 = Retained Earnings (Balance) -6.32b / Total Assets 4.47b

warn (B) unusual magnitude: -1.41 — check mapping/units

(D) -1.81 = Book Value of Equity -6.28b / Total Liabilities 3.46b

Total Rating: -6.29 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 50.20

1. Piotroski 4.50pt = -0.50

2. FCF Yield 3.18% = 1.59

3. FCF Margin 10.33% = 2.58

4. Debt/Equity 1.89 = 0.93

5. Debt/Ebitda data missing

6. ROIC - WACC (= -22.72)% = -12.50

7. RoE -30.68% = -2.50

8. Rev. Trend 90.12% = 6.76

9. EPS Trend 76.73% = 3.84

What is the price of DKNG shares?

As of November 02, 2025, the stock is trading at USD 30.59 with a total of 15,343,500 shares traded.
Over the past week, the price has changed by -7.30%, over one month by -18.21%, over three months by -32.08% and over the past year by -13.39%.

Is DraftKings a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, DraftKings is currently (November 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 50.20 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of DKNG is around 25.91 USD . This means that DKNG is currently overvalued and has a potential downside of -15.3%.

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	51.1	67.2%
Analysts Target Price	51.1	67.2%
ValueRay Target Price	29.8	-2.6%

DKNG Fundamental Data Overview October 20, 2025

Market Cap USD = 16.93b (16.93b USD * 1.0 USD.USD)
P/E Forward = 16.0
P/S = 3.1296
P/B = 17.1567
Beta = 1.984
Revenue TTM = 5.41b USD
EBIT TTM = -291.5m USD
EBITDA TTM = -70.0k USD
Long Term Debt = 1.84b USD (from longTermDebt, last quarter)
Short Term Debt = 11.4m USD (from shortTermDebt, last quarter)
Debt = 1.91b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 648.0m USD (from netDebt column, last quarter)
Enterprise Value = 17.58b USD (16.93b + Debt 1.91b - CCE 1.26b)
Interest Coverage Ratio = -15.87 (Ebit TTM -291.5m / Interest Expense TTM 18.4m)
FCF Yield = 3.18% (FCF TTM 558.8m / Enterprise Value 17.58b)
FCF Margin = 10.33% (FCF TTM 558.8m / Revenue TTM 5.41b)
Net Margin = -5.63% (Net Income TTM -304.5m / Revenue TTM 5.41b)
Gross Margin = 39.45% ((Revenue TTM 5.41b - Cost of Revenue TTM 3.28b) / Revenue TTM)
Gross Margin QoQ = 43.50% (prev 40.11%)
Tobins Q-Ratio = 3.93 (Enterprise Value 17.58b / Total Assets 4.47b)
Interest Expense / Debt = 0.61% (Interest Expense 11.6m / Debt 1.91b)
Taxrate = 6.95% (11.8m / 169.7m)
NOPAT = -271.3m (EBIT -291.5m * (1 - 6.95%)) [loss with tax shield]
Current Ratio = 1.34 (Total Current Assets 1.79b / Total Current Liabilities 1.33b)
Debt / Equity = 1.89 (Debt 1.91b / totalStockholderEquity, last quarter 1.01b)
Debt / EBITDA = -9257 (out of range, set to none) (Net Debt 648.0m / EBITDA -70.0k)
Debt / FCF = 1.16 (Net Debt 648.0m / FCF TTM 558.8m)
Total Stockholder Equity = 992.3m (last 4 quarters mean from totalStockholderEquity)
RoA = -6.80% (Net Income -304.5m / Total Assets 4.47b)
RoE = -30.68% (Net Income TTM -304.5m / Total Stockholder Equity 992.3m)
RoCE = -10.31% (EBIT -291.5m / Capital Employed (Equity 992.3m + L.T.Debt 1.84b))
RoIC = -10.68% (negative operating profit) (NOPAT -271.3m / Invested Capital 2.54b)
WACC = 12.04% (E(16.93b)/V(18.84b) * Re(13.33%) + D(1.91b)/V(18.84b) * Rd(0.61%) * (1-Tc(0.07)))
Discount Rate = 13.33% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 6.36%
[DCF Debug] Terminal Value 50.73% ; FCFE base≈356.0m ; Y1≈233.7m ; Y5≈106.9m
Fair Price DCF = 2.26 (DCF Value 1.12b / Shares Outstanding 496.5m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 76.73 | EPS CAGR: 220.3% | SUE: 0.06 | # QB: 0
Revenue Correlation: 90.12 | Revenue CAGR: 49.35% | SUE: 2.00 | # QB: 1

Additional Sources for DKNG Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle