DraftKings Inc.

DKNG

US26142V1052

Casinos & Gaming

Market Closed - Nasdaq Other stock markets 04:00:00 2024-05-10 pm EDT			5-day change	1st Jan Change
43.27 ^USD	-1.73%		+3.47%	+22.75%

May. 06	BMO Capital Adjusts DraftKings' Price Target to $54 From $51, Outperform Rating Maintained	MT
May. 06	Stifel Adjusts DraftKings' Price Target to $51 From $50, Buy Rating Maintained	MT

DraftKings Holdings Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022

May 06, 2022 at 07:06 am EDT

DraftKings Holdings Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was USD 417.21 million compared to USD 312.28 million a year ago. Net loss was USD 467.69 million compared to USD 346.34 million a year ago. Basic loss per share from continuing operations was USD 1.14 compared to USD 0.87 a year ago.

Latest news about DraftKings Inc.

BMO Capital Adjusts DraftKings' Price Target to $54 From $51, Outperform Rating Maintained	May. 06	MT
Stifel Adjusts DraftKings' Price Target to $51 From $50, Buy Rating Maintained	May. 06	MT
Needham Adjusts DraftKings' Price Target to $60 From $58, Buy Rating Kept	May. 06	MT
Barclays Raises DraftKings' Price Target to $54 From $52, Overweight Rating Maintained	May. 06	MT
Citigroup Adjusts DraftKings' Price Target to $57 From $53, Keeps Buy Rating	May. 06	MT
BTIG Adjusts DraftKings' Price Target to $55 From $53, Keeps Buy Rating	May. 06	MT
Morgan Stanley Lifts Price Target on DraftKings to $51 From $50, Keeps Overweight Rating	May. 06	MT
Deutsche Bank Adjusts DraftKings Price Target to $35 From $34, Maintains Hold Rating	May. 06	MT
Sector Update: Consumer Stocks Mixed Premarket Friday	May. 03	MT
Transcript : DraftKings Inc., Q1 2024 Earnings Call, May 03, 2024	May. 03
North American Morning Briefing : Apple, Amgen Boost Stock Futures; All Eyes on Jobs Report	May. 03	DJ
DraftKings Swings to Q1 Adjusted Earnings, Revenue Increases; 2024 Revenue Outlook Lifted	May. 02	MT
Earnings Flash (DKNG) DK CROWN HOLDINGS Reports Q1 EPS $0.03	May. 02	MT
Earnings Flash (DKNG) DK CROWN HOLDINGS Posts Q1 Revenue $1.18B, vs. Street Est of $1.12B	May. 02	MT
DraftKings Inc. Raises Earnings Guidance for the Fiscal Year 2024	May. 02	CI
DraftKings Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	May. 02	CI
Equity Markets Higher Ahead of Apple Earnings	May. 02	MT
S&P 500, Nasdaq Rise Intraday Amid Moderna Rally as Traders Await Apple Results	May. 02	MT
Stock Futures Gain Pre-Bell as Fed Leaves Key Rate Unchanged; Asia, Europe Churn	May. 02	MT
Susquehanna Raises Price Target on DraftKings to $56 From $54, Maintains Positive Rating	Apr. 29	MT
DraftKings Stock's Recent Weakness Due to 'Mostly Optical' Developments, Oppenheimer Says	Apr. 22	MT
DraftKings Appoints Lori Kalani as Chief Responsible Gaming Officer	Apr. 22	CI
Barclays Raises Price Target on DraftKings to $52 From $50, Maintains Overweight Rating	Apr. 19	MT
New York State Common Retirement Fund Files a Notice of Exempt Solicitation to DraftKings, Inc	Apr. 16	CI
DraftKings Poised for 'Solid' Quarter Amid Gaming Stocks' Underperformance, Morgan Stanley Says	Apr. 09	MT

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Company Profile

DraftKings Inc. is a digital sports entertainment and gaming company. The Company provides users with online sports betting (Sportsbook), online casino (iGaming) and daily fantasy sports (DFS) product offerings, as well as retail sportsbook, media and other consumer product offerings. Sportsbook is live with mobile and/or retail sports betting operations pursuant to regulations in 24 states and in Ontario, Canada. Its iGaming product offerings typically include the full suite of games available in land-based casinos, such as blackjack, roulette, baccarat and slot machines. DFS product offering facilitates peer-to-peer play, whereby contestants compete against each other for prize money. The Company also offers non-fungible tokens (NFTs) on DraftKings Marketplace (Marketplace), NFT-based DFS-style contests, gaming software services, and advertising and sponsorship packages to targeted advertisers across its DFS product offering, free games, and media content.

Sector

Casinos & Gaming

Calendar

2024-05-13 - Annual General Meeting

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Ratings for DraftKings Inc.

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

43.27 USD

Average target price

52.2 USD

Spread / Average Target

+20.63%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

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Other Casinos & Gaming

DraftKings Inc.

Equities

DKNG

US26142V1052

Casinos & Gaming

DraftKings Holdings Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022

EPS Revisions