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10:00-15:00Oct 232 Stories
DraftKings (DKNG) Stock Could Be Cheap With Shares Down 56%
DraftKings has seen its share price move around sharply in recent years, which puts fresh focus on a simple question for investors who care about valuation. Is the current US$20.94 price tag adequately supported by what the business is generating in sales? The stock is down 55.6% over the past 5 years, which makes the link between DraftKings' revenue base and its current market value especially important for anyone reassessing the story. Rising competition and heavier marketing outlays...
Canaccord Genuity Maintains Buy on DraftKings, Lowers Price Target to $40
Canaccord Genuity analyst Jason Tilchen maintains DraftKings (NASDAQ:DKNG) with a Buy and lowers the price target from $44 to $40.
20:00-22:00Oct 222 Stories
Wall Street Already Models DraftKings Below Its 2026 Guidance. Its CEO Says Next Year’s Spending Could Come Down
Key Stats for DraftKings StockCurrent Price: $20. 94Street Target: ~$34Q3 2026 EBITDA Consensus: ~-$49 million2027 EBITDA Consensus: ~$1.
DraftKings CEO Says Prediction Markets Create a Win-Win Growth Path
DraftKings (NASDAQ:DKNG) CEO Jason Robins said the company has quickly become a top-three player in prediction markets after launching DraftKings Exchange only a few months ago, while emphasizing that its established sportsbook business remains central to its strategy amid legal uncertainty surround
10:00-18:00Oct 222 Stories
DraftKings (DKNG) Gains As Market Dips: What You Should Know
The latest trading day saw DraftKings (DKNG) settling at $20.94, representing a +2% change from its previous close.
JPMorgan Cut Its DraftKings Target. It Still Sees 46% Upside
Key TakeawaysJPMorgan cut its DraftKings price target to $30 from $33 on Oct. 20 and kept its Overweight rating, a target 46% above Tuesday’s close.
11:00-17:00Oct 212 Stories
What Can Make DraftKings Stock A Buy?
For questions about this article or underlying research, email help@trefis.com.
3 Reasons DKNG is Risky and 1 Stock to Buy Instead
Over the past six months, DraftKings’s stock price fell to $20.44. Shareholders have lost 11.1% of their capital, which is disappointing considering the S&P 500 has climbed by 8.9%. This was partly driven by its softer quarterly results and might have investors contemplating their next move.
07:00-10:00Oct 202 Stories
JP Morgan Maintains Overweight on DraftKings, Lowers Price Target to $30
JP Morgan analyst Daniel Politzer maintains DraftKings (NASDAQ:DKNG) with a Overweight and lowers the price target from $33 to $30.
Truist Securities Maintains Buy on DraftKings, Lowers Price Target to $26
Truist Securities analyst Barry Jonas maintains DraftKings (NASDAQ:DKNG) with a Buy and lowers the price target from $29 to $26.
08:00-10:00Oct 193 Stories
Why Is DraftKings Stock Surging on Monday?
DraftKings Inc. (NASDAQ: DKNG) stock bounced back on Monday following a price target increase from Wells Fargo and a technical rebound off 52-week lows.
Morgan Stanley Maintains Overweight on DraftKings, Lowers Price Target to $31
Morgan Stanley analyst Ed Young maintains DraftKings (NASDAQ:DKNG) with a Overweight and lowers the price target from $36 to $31.
06:00Oct 191 Story
09:00-17:00Oct 162 Stories
DraftKings Stock Hit by NBA Betting Crackdown
The NBA and its sports betting partners are banning certain bets this season that are highly susceptible to manipulation.
Learn Why The Bull Case For DraftKings (DKNG) Could Change Following Rising Marketing Costs
DraftKings is pouring more money into prediction markets and marketing at a time when revenue has recently declined, operating losses have reappeared and net debt sits at about US$932 million, which is covered by under two years of free cash flow. The business is attracting more bettors and building its Predictions exchange. However, heavier promotional spending and thinner sportsbook margins are pressuring near term profitability and weighing on investor confidence. We will examine how...
07:00Oct 161 Story
16:00-20:00Oct 152 Stories
What Does DraftKings (DKNG) Mean for a Potential $7 Billion Betting Ad War?
Fanatics CEO Michael Rubin warned this week that U.S. sports betting ads could reach about US$7b as rivalry intensifies for DraftKings (NasdaqGS:DKNG) and peers. Rubin highlighted a sharp step up in marketing efforts as Fanatics competes with DraftKings, FanDuel, Kalshi and Polymarket across the U.S. Prediction market platforms such as Kalshi and Polymarket are pushing into territory traditionally targeted by established online sportsbooks. A potential US$7b ad war across U.S. betting...
DraftKings (DKNG) Exceeds Market Returns: Some Facts to Consider
DraftKings (DKNG) concluded the recent trading session at $19.31, signifying a +2.17% move from its prior day's close.
14:00Oct 153 Stories
DraftKings Is Down 44% in 2026: Is DKNG Stock Dead Money or Due for a Bounce?
Prediction markets are quietly pulling customers away from licensed sportsbook operators, and DraftKings has absorbed the worst of the damage. Whether the stock has finally hit bottom or still has further to fall hinges on one critical number.
DraftKings (DKNG) Is Attracting More Bettors. Why Are Earnings Falling?
The Betting Market Has a Monetization Problem DraftKings Inc. (NASDAQ:DKNG) is winning more betting activity but collecting less revenue from it. The second quarter of 2026 exposed the gap: sports consumer volume rose 15% to $13.1 billion, while company revenue declined 5% to about $1.44 billion. The apparent contradiction matters because the online sportsbook business […]
11:00-13:00Oct 152 Stories
DraftKings faces earnings pressure as prediction market spending rises, Jefferies says
Jefferies has cut its 2026 adjusted earnings forecast for Draftkings Inc (NASDAQ:DKNG), the US sports betting and online gaming company, by 15% as increased spending on prediction markets and slower iGaming growth weigh on near-term profitability. The broker expects DraftKings to incur an...
DraftKings Stock Down 22% in a Month: Buy the Dip or Avoid?
DNNG's shares plunge 22% in a month as rising investment costs, earnings estimate cuts and regulatory uncertainty raise questions about whether to buy the dip.
08:00Oct 151 Story
01:00Oct 121 Story
13:00-18:00Oct 92 Stories
Has Buying DraftKings Stock's Dips Paid Off?
DraftKings (DKNG) stock has dropped 20% since its high on September 14, 2026. A decline of this speed often prompts investors to reconsider their positions, yet no new financial results triggered the selloff. The company last reported earnings on August 6, 2026, and held its call the next day. At the time, executives noted that near-term profit faced pressure from favorable outcomes for bettors and heavier spending to acquire new customers. So what happened to investors who bought DraftKings aft
Guggenheim Cut Its DraftKings Target. It Still Sees 51% Upside
Key TakeawaysDraftKings shares have lost 42% in the year to Oct. 7.
07:00Oct 91 Story
13:00-15:00Oct 82 Stories
DraftKings Is Down 19% in a Month: Did Bank of America Just Call the Bottom?
DraftKings shares have shed nearly a fifth of their value in a month, and now the analyst who sat out the entire decline is suddenly turning bullish. Whether that call signals a real floor or just wishful thinking hinges on a competitive threat that has not gone away.
DraftKings Has Lost 42% in a Year: Guggenheim Sees 57% Upside
Key TakeawaysDraftKings closed at $19. 15 on Oct.
05:00-12:00Oct 82 Stories
DraftKings gets upgrade as a feared threat becomes an edge
Customers have a new way to gamble on results, and DraftKings is ready to get in on the action.
Susquehanna Maintains Positive on DraftKings, Lowers Price Target to $27
Susquehanna analyst Joseph Stauff maintains DraftKings (NASDAQ:DKNG) with a Positive and lowers the price target from $33 to $27.
16:00-18:00Oct 52 Stories
Why DraftKings (DKNG) Stock Is Up Today
Shares of fantasy sports and betting company DraftKings (NASDAQ:DKNG) jumped 4.2% in the pre-market session after BofA Securities upgraded the stock from Neutral to Buy while maintaining a $27 price target, StreetInsider reported.
DraftKings Stock Jumps On Upgrade, Analyst Sees Prediction Market Wins
DraftKings stock looks to rebound off 2026 lows as analyst upgrades shares on prediction market growth potential.
13:00-15:00Oct 53 Stories
Bank of America Just Upgraded DraftKings Stock. Here's Why.
DraftKings stock rallies on a bullish Bank of America research note. Here is why senior analyst Julie Hoover upgraded DKNG shares today.
DraftKings Stock Jumps After Bank of America Says It’s Time to Buy the Stock
Bank of America said it sees an “attractive opportunity” in DraftKings stock after an extended slump.
12:00Oct 52 Stories
DraftKings' Prediction Market Presence More of an Opportunity Than Threat, BofA Says
DraftKings' (DKNG) presence in the prediction market space now represents more of an opportunity tha
DraftKings Stock Pops on BofA Upgrade. Prediction Markets Could Be a ‘Win-Win.’
Prediction markets could be a “greater opportunity than threat,” BofA says.
09:00Oct 51 Story
12:00-14:00Sep 262 Stories
The Bull Case For DraftKings (DKNG) Could Change Following The Rise Of Untaxed Prediction Markets
Earlier this week, DraftKings’ audit committee decided BDO USA will complete the 2026 audit before Deloitte & Touche takes over as independent auditor for 2027, while CEO Jason Robins also presented the company’s outlook at the Wells Fargo Consumer Conference in California. At the same time, a growing shift of sportsbook users toward lightly regulated prediction markets is pressuring DraftKings’ core model and raising questions about future tax revenues for states. We’ll now examine how the...
Is DraftKings (DKNG) Fairly Valued As Prediction Markets Pressure Its Sportsbook Business?
Recent reports that sportsbook users are shifting toward lightly regulated prediction markets have put DraftKings (DKNG) under a fresh spotlight and raised questions about how resilient its core wagering business model really is. DraftKings has been back in focus after a 3.53% one-day share price gain to US$22.02. However, the 30-day share price return is down 11.14% and the year-to-date move is down 38.25%, while the one-year total shareholder return has declined 47.97%. This signals fading...
09:00Sep 261 Story
09:00-14:00Sep 252 Stories
35% of bettors are leaving sportsbooks for prediction markets, echoing the regulatory loophole DraftKings built its business on
The American Gaming Association says states have already lost $500 million in tax revenue to prediction markets.
DraftKings Dips as Adjusted Data Narrows Kalshi’s 76% Prediction-Market Lead; Robinhood and Flutter Entertainment Slip
DraftKings (NASDAQ:DKNG) stock is falling 2% to $20.77 as fresh sports volume figures from investment bank Needham focus the debate over who is winning prediction markets. Needham’s data showed Kalshi captured 76% of sports prediction-market volume in the opening week of the National Football League (NFL) season, while DraftKings’ own exchange, DKeX, took 3%. That […]
08:00Sep 251 Story
06:00-09:00Sep 242 Stories
DraftKings Falls 7.6%: Is Kalshi's NFL Lead Really That Big?
DraftKings stock fell 7.6% after data showed Kalshi's NFL Week One prediction market share, but adjusted figures and Kalshi's growing legal risk suggest the gap is smaller than headlines indicate.
DraftKings: The Market Focuses Too Much On Concerns
DraftKings Inc. enters NFL season strong: stable sports betting market share, fast-growing Predictions, and 54% upside target to $32.6. Click for this DKNG update.
05:00Sep 241 Story
17:00-20:00Sep 232 Stories
DraftKings: Prediction Pessimism Overly Done - H2'26 Outperformance May Deliver Breakout
DraftKings' prediction platform drives unique customer growth and higher-margin prospects. Read why DKNG stock remains a Buy.
DraftKings (DKNG) Dips More Than Broader Market: What You Should Know
In the closing of the recent trading day, DraftKings (DKNG) stood at $21.25, denoting a -2.52% move from the preceding trading day.
10:00-13:00Sep 232 Stories
DraftKings Drops 4% as Prediction-Market Spending Plans Stir Margin Doubts; Flutter Entertainment Slips, Robinhood Ticks Up
DraftKings CEO sketched out an aggressive spending push into prediction markets, and the stock is paying for it while a rival platform moves in the opposite direction on the exact same news.
DraftKings Stock Nears 52-Week Low: What's Going On?
DraftKings Inc (NASDAQ:DKNG) shares are sliding Wednesday near the stock's 52-week low, as a monthslong decline shows few signs of finding a durable floor.
10:00-14:00Sep 222 Stories
DraftKings Sees Strong NFL Start, Prediction Markets Surge as $1B EBITDA Target Holds
DraftKings (NASDAQ:DKNG) CEO and Chairman Jason Robins said the company is seeing strong early-season engagement across its core sportsbook business and its newer prediction markets offering, while maintaining its expectation of about $1 billion in adjusted EBITDA for 2026. Speaking with Wells Farg
DraftKings Inc. (DKNG) Presents at Wells Fargo 9th Annual Consumer Conference Transcript
DraftKings Inc. (DKNG) Wells Fargo 9th Annual Consumer Conference September 22, 2026 11:30 AM EDTCompany ParticipantsJason Robins - Co-Founder, Chairman...
04:00-10:00Sep 212 Stories
DraftKings may be using AI to target the app's biggest losers
A new New York Times investigation alleges that sports betting platform DraftKings (DKNG) is using AI to target the gamblers who are most likely to lose and susceptible to the app's promotions. The 8:30 Hosts Julie Hyman, Jake Conley, and Pras Subramanian react to this headline.
Sportsbooks v. prediction markets: Sydney Sweeney ad is just the beginning
The house always wins — but now the house has some serious competition, and that's triggered an explosion of shock marketing and promotions in the sports betting space.