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DraftKings (DKNG-Q)
NASDAQ:DKNG
43.44
0.60
(1.40%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
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Battle of the stocks: 2 Sports Gambling StocksThis summary was created by AI, based on 4 opinions in the last 12 months.
DraftKings (DKNG-Q) is recognized for its strong fundamentals despite certain regulatory challenges, as a portion of the US still prohibits sports betting. The company has made strides in increasing parlay usage and recently announced a partnership with Delta, which could potentially enhance its market presence. The most recent quarterly report showed a 14% year-over-year growth in iGaming customer count, indicating a positive trend, albeit on a small scale, with significant room for future expansion. Historically, the stock performs well during the football season, particularly leading up to the Super Bowl, presenting an opportunity for short-term gains. However, some experts recommend caution, especially before the upcoming earnings report in May, given the recent rise in share prices and the saturated nature of the gambling industry.
He feels sports gambling is awful. We should see losses in these gambling companies because of the lack of duty of care. There will be fewer gambling companies ahead since it is a saturated industry.
Historically, stock does well in football season from now until the Super Bowl. Not a long-term, core holding. Get in, make some $$, get out. Technical setup looks really nice. Seasonally strong period for sports betting. Leader in the industry. No dividend.
(Analysts’ price target is $49.30)Wait until they report on May, because shares have gone up so much. Be cautious.
He recommended this where shares were worth half. Taylor Swift is attracting new female fans to the NFL and to betting, so that's a tailwind. However, the PE is no longer cheap.
Shares have been on fire. You want to own this heading into football season. It was upgraded today. The CEO is delivering.
Has a very good product and he likes it, but wants to see them operating in more states.
The spend on sports betting remains significant.
$11.370
Unknown
DraftKings(DKNG-Q) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 2
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 3
DraftKings(DKNG-Q) Frequently Asked Questions
What is DraftKings stock symbol?
DraftKings is a American stock, trading under the symbol DKNG-Q on the NASDAQ (DKNG). It is usually referred to as NASDAQ:DKNG or DKNG-Q
Is DraftKings a buy or a sell?
In the last year, 3 stock analysts published opinions about DKNG-Q. 2 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for DraftKings.
Is DraftKings a good investment or a top pick?
DraftKings was recommended as a Top Pick by on . Read the latest stock experts ratings for DraftKings.
Why is DraftKings stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is DraftKings worth watching?
3 stock analysts on Stockchase covered DraftKings In the last year. It is a trending stock that is worth watching.
What is DraftKings stock price?
On 2025-02-11, DraftKings (DKNG-Q) stock closed at a price of $43.44.
Great fundamentals, though a quarter of the US still bans sports betting. DKNG has done a good job increasing parlay use. Delta just announced a partnership--we'll see how that plays out. iGaming saw a 14% bounce last quarter in customer count YOY; it's small, but has a lot of room to expand. Overall, DKNG has a lot going for it, and it does well during the NFL playoffs. Also, shares are down a lot, so shares are cheap.