DraftKings Inc. - Ordinary Shares - Class A

DraftKings Inc. - Ordinary Shares - Class A

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Market Cap$12.15B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
DraftKings Inc. - Ordinary Shares - Class ADraftKings Inc. - Ordinary Shares - Class A203.5-10%2.12.4

Earnings Call Q2 2025

August 9, 2025 - AI Summary

Strong Revenue Growth: DraftKings reported a 37% year-over-year increase in revenue for Q2 2025, reaching $1.513 billion, with adjusted EBITDA of $301 million, representing a remarkable 20% margin. This growth is anticipated to continue, with the company maintaining guidance of $6.2 billion to $6.4 billion for full-year 2025, potentially closing in on the high end of the range.
Adjusted EBITDA Expectations: The company is on track to achieve adjusted EBITDA near the midpoint of its $800 million to $900 million guidance range, driven by stronger-than-expected performance in existing markets and efficiencies in operations. This includes a substantial improvement in promotional reinvestment efficiencies.
Market Expansion with New State Launches: DraftKings is preparing to launch mobile sports betting in Missouri in early December 2025, projected to contribute approximately $35 million to $45 million in EBITDA in its first year. This launch is expected to occur during the NFL season, providing a strategic advantage for customer acquisition.

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$35.73

Target Price by Analysts

42.3% upsideDraftKings Target Price DetailsTarget Price

Share Statistics

Market cap$12.15 Billion
Enterprise Value$12.59 Billion
Dividend Yield$- (-)
Earnings per Share$-0.01
Beta1.67
Outstanding Shares487,236,000

Return

Return on Equity9.69%ROE
Return on Assets1.36%
Return on Invested Capital2.44%

Valuation & Multiples

P/E Ratio203.47P/E Ratio
PEG-125.43PEG
Price to Sales2.09Price to Sales
Price to Book Ratio25.11Price to Book Ratio
Enterprise Value to Revenue2
Enterprise Value to EBIT187.09
Enterprise Value to Net Income214
Total Debt to Enterprise0.11
Debt to Equity2.37Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
May 14, 2026
EPS Estimate
$0.22
Average shareholder expectation
Revenue Estimate
$1.64 B
Average shareholder expectation

Next Earnings Call

Expected Date
August 5, 2026
EPS Estimate
$0.34
Average shareholder expectation
Revenue Estimate
$1.57 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.4377 26.73%
Total Calls36,457,559 12.25%
Total Puts15,956,700 30.31%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %79.08% 37.63%
Total Invested$8.31B 44.23%
Investors Holding756 133.00%

ESG Score

No data

About DraftKings Inc

869 employees

DraftKings is an American daily fantasy sports contest and sports betting operator. The company allows users to enter daily and weekly fantasy sports–related contests and win money based on individual player performances in five major Am...

Relevant Senate Committees

Joint Committee on Taxation

The committee's revenue modeling for federal gambling taxes and corporate tax incentives provides critical, non-public analytical data that affects industry valuation.

Finance

Directly impacts profitability through federal excise taxes on sports wagering and changes to the corporate tax code, which are material to DraftKings' bottom line.

Judiciary

Oversees the Department of Justice and federal gambling statutes like the Wire Act. Any federal legal shifts or antitrust investigations into the betting industry would originate here.

Commerce, Science, and Transportation

Exercises jurisdiction over interstate commerce and the FTC; it is the primary body for potential federal oversight of sports betting regulations, advertising standards, and consumer protection.

Indian Affairs

This committee oversees the Indian Gaming Regulatory Act (IGRA). Since DraftKings often partners with tribes to gain market access, changes in tribal gaming rights directly impact its operational footprint.