DraftKings Inc. (DKNG) fair value analysis
Nasdaq · Updated 2026-10-19
DKNG price how computed
Valuation status
Awaiting full valuationDKNG does not yet have sufficient validated earnings history for a full Forward Fair Value verdict under our standards.
We require at least six validated trailing price-to-earnings windows before publishing one. TickrTrends re-evaluates every covered stock weekly; a verdict publishes automatically once enough validated history accumulates.
- Last price
- $18.90
- Sector
- Consumer Cyclical
- 12-month range
- $18.59–$36.24
- Market cap
- $9.38B
- From 52-week high
- -47.8%
- Shares outstanding
- 496M
- Rank in Consumer Cyclical by quality score
- #51 of 113
Last price is our stored weekly price from 2026-10-16, older than the 2026-10-19 run that built this page; the chart runs through 2026-10-16.
DraftKings Inc. is a sports betting and iGaming company that offers online wagering on professional and amateur sports events as well as digital casino games. The company operates its platform across multiple U.S. states and internationally in select markets.
DKNG currently ranks #51 of 113 Consumer Cyclical stocks by quality score.
Fundamentals (4 quarters) how computed
- Market cap
- $9.38B
- P/E (trailing)
- 86x
- Revenue (TTM)
- $6.22B
- Net margin
- -2.7%
- EPS (TTM)
- $0.22
- Gross margin
- 38.2%
- Debt / equity
- 3.36
- Revenue growth (3-yr avg)
- 27.6%
- Shares outstanding
- 496M
Derived indicators how computed
- Quality grade
- D
- Margin trend
- Stable
- 52-week position
- The bottom quarter of its range
- DCF cross-check
- Overvalued
Technicals how computed
- RSI (14-day)
- 34 · neutral
- 50-day average
- $22.74
- 200-day average
- $24.97
- Moving-average state
- 50-day below 200-day (death cross state); price below both averages
Earnings how computed
- Next earnings report
- 2026-11-05
- Last 8 quarters vs consensus
- 3 beat, 3 missed
- Quarter by quarter
- 2026-06 ▼ miss (-200.0%)
2026-03 ▲ beat (+17.6%)
2025-12 ▼ miss (-12.2%)
2025-09 ▬ met (0.0%)
2025-06 ▼ miss (-7.3%)
2025-03 ▬ met (0.0%)
2024-12 ▲ beat (+177.8%)
2024-09 ▲ beat (+29.2%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 30 buy · 6 hold · 1 sell (37 analysts)
- Consensus lean
- Buy-leaning
- Consensus price target
- $34.5
- Target vs last price
- +82.5%
What our data shows for DKNG
- Our model validated 3 trailing price-to-earnings windows for DKNG, built from quarterly earnings records.
- Shares are trading in the lower third of their 12-month price range of $18.59–$36.24.
- The 14-day relative strength index sits at a neutral 34.
What subscribers see
- Every published Forward Fair Value with its exact discount or premium
- The normalized P/E and quarter count behind each estimate
- Screeners and rankings across the full S&P 500 and Nasdaq universes
- DKNG's own verdict the week it qualifies, published automatically
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
Recent DKNG news
TickrTrends' derived news-sentiment signal for DKNG is currently leaning positive, computed from recent coverage.
- DraftKings Inc. (DKNG) Presents at NEXTPredict Summit NYC 2026 Transcript (seekingalpha.com, 2026-10-22)
- DKNG Maintained by JP Morgan -- Price Target Lowered to $30 (gurufocus.com, 2026-10-20)
- Is It Too Late to Buy DraftKings Inc (DKNG) After 4.6% Rally? GF Value Says Undervalued (gurufocus.com, 2026-10-19)
More DKNG news
- DKNG Maintained by Morgan Stanley -- Price Target Lowered to $31.00 (gurufocus.com, 2026-10-19)
- DKNG Maintains Overweight Rating by Wells Fargo -- Price Target Raised to $30 (gurufocus.com, 2026-10-19)
- NBA Betting Restrictions Impact DraftKings (DKNG) Stock Amid Market Concerns (gurufocus.com, 2026-10-16)
- NBA Betting Restrictions Impact DraftKings (DKNG) Shares Amid Regulatory Changes (gurufocus.com, 2026-10-16)
- DraftKings (DKNG) Is Attracting More Bettors. Why Are Earnings Falling? (insidermonkey.com, 2026-10-15)
- DraftKings Inc (DKNG) Stock Down 4.2% -- Now Undervalued? GF Score: 71/100 (gurufocus.com, 2026-10-14)
- DKNG Maintained by Citigroup -- Price Target Lowered to $28 (gurufocus.com, 2026-10-12)
- Investors Heavily Search DraftKings Inc. (DKNG): Here is What You Need to Know (zacks.com, 2026-10-06)
- Is It Too Late to Buy DraftKings Inc (DKNG) After 5.4% Rally? GF Value Says Undervalued (gurufocus.com, 2026-10-05)
What people are saying
Follow the DKNG conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — TickrTrends' derived indicators for DKNG show a shift in valuation assessment this week. The DCF cross-check band has moved from none to overvalued, suggesting that the stock's valuation relative to intrinsic value estimates has changed. The overall valuation verdict remains awaiting full valuation as additional analysis continues.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-05 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-28 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-21 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is DKNG stock undervalued?
DKNG does not yet have sufficient validated earnings history for a full Forward Fair Value verdict under TickrTrends' standards; it is re-evaluated every week.
What is DKNG's TickrTrends verdict?
DKNG is currently marked 'Awaiting full valuation' - a verdict publishes automatically once at least six validated trailing P/E windows accumulate.
How does DKNG compare to other Consumer Cyclical stocks?
DKNG ranks #51 of 113 Consumer Cyclical stocks in TickrTrends' coverage by quality score. It carries no fair-value verdict yet, so it is not ranked by discount.
Is DKNG overbought or oversold?
DKNG's 14-day RSI is in neutral territory - neither overbought nor oversold.
When does DKNG report earnings next?
DKNG's next earnings report is scheduled for 2026-11-05, per the published earnings calendar.
Does DKNG usually beat earnings estimates?
Over its last 8 reported quarters DKNG beat the consensus estimate 3 times and missed 3 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about DKNG?
Of 37 analysts covering DKNG, 30 rate it a buy, 6 a hold and 1 a sell - buy-leaning, with a consensus price target of $34.5 (+82.5% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.