DRAFTKINGS INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 43.13 USD | +4.96% |
|
+6.02% | +22.35% |
| Apr. 22 | DraftKings Stock's Recent Weakness Due to 'Mostly Optical' Developments, Oppenheimer Says | MT |
| Apr. 22 | DraftKings Appoints Lori Kalani as Chief Responsible Gaming Officer | CI |
Valuation
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 18,238 | 11,165 | 5,112 | 16,435 | 20,516 | - | - |
| Enterprise Value (EV) 1 | 16,421 | 10,261 | 5,054 | 16,407 | 20,135 | 19,435 | 18,320 |
| P/E ratio | -16.9 x | -7.27 x | -3.6 x | -20.4 x | -236 x | 53.4 x | 24.1 x |
| Yield | - | - | - | - | - | - | - |
| Capitalization / Revenue | 29.7 x | 8.62 x | 2.28 x | 4.48 x | 4.26 x | 3.55 x | 3 x |
| EV / Revenue | 26.7 x | 7.92 x | 2.26 x | 4.48 x | 4.18 x | 3.36 x | 2.68 x |
| EV / EBITDA | -41.5 x | -15.2 x | -7 x | -109 x | 41.4 x | 19.7 x | 12.4 x |
| EV / FCF | -47 x | -23.6 x | -7.68 x | -724 x | 51.2 x | 21.7 x | 14.2 x |
| FCF Yield | -2.13% | -4.24% | -13% | -0.14% | 1.95% | 4.62% | 7.04% |
| Price to Book | 6.84 x | 6.67 x | 3.88 x | 19.8 x | 17.1 x | 12.4 x | 7.99 x |
| Nbr of stocks (in thousands) | 391,714 | 406,453 | 448,848 | 466,242 | 475,677 | - | - |
| Reference price 2 | 46.56 | 27.47 | 11.39 | 35.25 | 43.13 | 43.13 | 43.13 |
| Announcement Date | 2/26/21 | 2/18/22 | 2/16/23 | 2/15/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 614.5 | 1,296 | 2,240 | 3,665 | 4,817 | 5,787 | 6,838 |
| EBITDA 1 | -395.9 | -676.1 | -721.8 | -151 | 485.8 | 985.2 | 1,472 |
| EBIT 1 | -850 | -1,562 | -1,512 | -789.2 | -119.5 | 401.4 | 882.8 |
| Operating Margin | -138.32% | -120.49% | -67.48% | -21.53% | -2.48% | 6.94% | 12.91% |
| Earnings before Tax (EBT) 1 | -844.3 | -1,518 | -1,443 | -791.3 | -94.18 | 415.3 | 970.3 |
| Net income 1 | -844.3 | -1,523 | -1,378 | -802.1 | -93 | 404.9 | 900.1 |
| Net margin | -137.38% | -117.53% | -61.5% | -21.88% | -1.93% | 7% | 13.16% |
| EPS 2 | -2.760 | -3.780 | -3.160 | -1.730 | -0.1829 | 0.8074 | 1.787 |
| Free Cash Flow 1 | -349.6 | -435.4 | -657.9 | -22.65 | 393.6 | 897 | 1,289 |
| FCF margin | -56.89% | -33.6% | -29.37% | -0.62% | 8.17% | 15.5% | 18.85% |
| FCF Conversion (EBITDA) | - | - | - | - | 81.03% | 91.05% | 87.6% |
| FCF Conversion (Net income) | - | - | - | - | - | 221.55% | 143.22% |
| Dividend per Share 2 | - | - | - | - | - | - | - |
| Announcement Date | 2/26/21 | 2/18/22 | 2/16/23 | 2/15/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 213 | 473 | 417 | 466 | 501.9 | 855.1 | 769.7 | 874.9 | 790 | 1,231 | 1,122 | 1,101 | 1,006 | 1,576 | 1,356 |
| EBITDA 1 | -313.6 | -128 | -289.5 | -118.1 | -264.2 | -49.93 | -221.6 | 72.97 | -153.4 | 151 | 2.854 | 149 | -18.08 | 345.1 | 113.7 |
| EBIT 1 | -546.5 | -368.8 | -515.6 | -308.9 | -455 | -232.2 | -389.8 | -69.04 | -286.6 | -43.81 | -142 | 5.305 | -147.8 | 170.4 | -37.68 |
| Operating Margin | -256.58% | -77.96% | -123.64% | -66.29% | -90.65% | -27.16% | -50.64% | -7.89% | -36.28% | -3.56% | -12.66% | 0.48% | -14.69% | 10.81% | -2.78% |
| Earnings before Tax (EBT) 1 | -541 | -322.9 | -464.9 | -298.3 | -447.3 | -232.6 | -395.7 | -76.3 | -281.8 | -37.49 | -140.1 | 14 | -147.8 | 182.5 | -31.77 |
| Net income 1 | -545 | -326.3 | -467.7 | -217.1 | -450.5 | -242.7 | -397.1 | -77.27 | -283.1 | -44.62 | -141 | 21.26 | -148.5 | 173.8 | -36.4 |
| Net margin | -255.88% | -68.98% | -112.16% | -46.59% | -89.75% | -28.38% | -51.6% | -8.83% | -35.84% | -3.63% | -12.57% | 1.93% | -14.76% | 11.03% | -2.68% |
| EPS 2 | -1.350 | -0.8000 | -1.140 | -0.5000 | -1.000 | -0.5300 | -0.8700 | -0.1700 | -0.6100 | -0.1000 | -0.2828 | 0.0394 | -0.2957 | 0.3368 | -0.0739 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/5/21 | 2/18/22 | 5/6/22 | 8/5/22 | 11/4/22 | 2/16/23 | 5/4/23 | 8/3/23 | 11/2/23 | 2/15/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - |
| Net Cash position 1 | 1,817 | 904 | 58.1 | 28.4 | 381 | 1,081 | 2,196 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - |
| Free Cash Flow 1 | -350 | -435 | -658 | -22.7 | 394 | 897 | 1,289 |
| ROE (net income / shareholders' equity) | -63.8% | -69% | -92.2% | -74.2% | -12.4% | 27.7% | 40.3% |
| ROA (Net income/ Total Assets) | -44.8% | -39.6% | -34.1% | -4.75% | 1.18% | 14.9% | 20.5% |
| Assets 1 | 1,885 | 3,846 | 4,040 | 16,882 | -7,866 | 2,715 | 4,396 |
| Book Value Per Share 2 | 6.800 | 4.120 | 2.940 | 1.780 | 2.520 | 3.470 | 5.390 |
| Cash Flow per Share 2 | -1.110 | -1.040 | -1.430 | -0 | 0.9700 | 1.410 | 2.300 |
| Capex 1 | 11.8 | 15.9 | 32.4 | 20.9 | 35 | 36.5 | 36.7 |
| Capex / Sales | 1.91% | 1.23% | 1.45% | 0.57% | 0.73% | 0.63% | 0.54% |
| Announcement Date | 2/26/21 | 2/18/22 | 2/16/23 | 2/15/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
D
Sell
Buy
Mean consensus
BUY
Number of Analysts
33
Last Close Price
43.13
USD
Average target price
51.45
USD
Spread / Average Target
+19.30%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +22.35% | 20.52B | |
| +7.14% | 33.01B | |
| +5.10% | 24.32B | |
| -18.63% | 19.87B | |
| -18.07% | 19.35B | |
| -1.52% | 16.62B | |
| -4.07% | 9.51B | |
| -21.91% | 7.92B | |
| +0.41% | 7.05B | |
| +6.70% | 7.13B |
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- Financials DraftKings Inc.
