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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.
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).