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DraftKings (NASDAQ:DKNG) is being sized up by analysts after knocking out record revenue with its second quarter earnings ...
Most investors weren't swayed by its second-quarter report. After more than a year's worth of unrewarded growth, they should ...
DraftKings reported second-quarter revenue of $874.93 million, which was up 88% year-over-year. The revenue beat a Street consensus estimate of $759.55 million.
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Investor's Business Daily on MSNDraftKings Pushes Out Of Buy Zone On Results, FanDuel Parent Up Next
DraftKings stock climbed buy zone following its quarterly report late Wednesday. Flutter EntertainmentFLUT, parent of DraftKings rival FanDuel, is trading in a buy zone ahead of its late earnings ...
Price Targets: Understanding forecasts, analysts offer estimates for DraftKings's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
This beat Wall Street’s call for a loss of 29 cents per share. Revenue totaled $1.18 billion, up 53% year over year and exceeding analysts’ forecasts of $1.12 billion.
In the assessment of 12-month price targets, analysts unveil insights for DraftKings, presenting an average target of $52.73, a high estimate of $60.00, and a low estimate of $44.00.
DKNG's OSB GGR share also advanced ~300bps vs. 4Q22/1Q23, and Street forecasts now reflect meaningfully positive 2Q EBITDA (analyst models $20 million).
DKNG's OSB GGR share also advanced ~300bps vs. 4Q22/1Q23, and Street forecasts now reflect meaningfully positive 2Q EBITDA (analyst models $20 million).
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