−1.74USD
−802.14 MUSD
3.67 BUSD
453.16 M
About DraftKings Inc.
Sector
Industry
CEO
Jason D. Robins
Website
Headquarters
Boston
Employees (FY)
4.4 K
Founded
2011
ISIN
US26142V1052
FIGI
BBG0134WCM78
DraftKings, Inc. is a digital sports entertainment and gaming company, which engages in the provision of online sports betting, online casino, daily fantasy sports product offerings, DraftKings Marketplace, retail sportsbook, media, and other consumer product offerings. It operates through the following segments: Business-to-Consumer (B2C) and Business-to-Business (B2B). The Business-to-Consumer segment includes sportsbook, iGaming and DFS product offerings, as well as media and other consumer product offerings. The Business-to-Business segment includes design and development of gaming software. The company was founded by Jason D. Robins, Matthew Kalish, and Paul Liberman on December 31, 2011 and is headquartered in Boston, MA.
A Good Bet?
NASDAQ:DKNG
Enter at current price of $48.68 or wait for the dip before buying ( around $48.37) and hold for this to cross $49.69, confirmation towards $50.12.
Possible retracement due to investors selling positions at price target $48.82
Draft Kings PullbackRising Wedge Pattern is at the top of the structure for a third time, and was swiftly rejected from the higher end of the $48 range. Looking for a drawback to around $27.
DKNG - LONG (1h)(1h timeframe)
DETAILS: at the 1h timeframe the price is inside a tunnel. (we have a 3 touches on every line)
after a strong breakout (big bullish candle with strong volume) the price did a retest back to the resistance line of the tunnel.
we can see how the price tried to return back down and got
DKNG - 3rd Wave in progress If DKNG can break and hold 40 level, it can continue its momentum to the upside.
Entry- 40
Stop loss- 32
There is a gap below, if it pulls back to fill the gap around 35, will add more.
Target #1 53
Target #2 60
DKNG 2024-03-17 looks bullishNASDAQ:DKNG Looks pretty bullish
- consolidate around SMA25 recently.
- relative strength is better than NADAQ in general
- can enter with small stoploss 3-5% below the entry price.
DKNG Draft Kings Example of Documenting Your TradesThis simple Line Chart Depicts using the facilities in Trading View to Diarise one's decisions.
This is equally important for both Profitable and Losing Trades, and will help one decide to add or reduce ones position.
The Current Market could go both ways, so if in Profit - set a reasonable Stop Los
DKNG - DraftKings - All Ships Rise with the TideIf you use DraftKings, you might want to add DraftKings to your watchlist. DraftKings has been pushing up for several months. Price is less than 100% away from all-time highs. Those who buy and hold or use LEAPS options know what that could mean in a portfolio. This is an 'All Ships Rise with th
DraftKings (DKNG) Stock Shows Resilience Despite Mixed Q4 ResultDraftKings ( NASDAQ:DKNG ), the Boston-based sports betting and iGaming company, is making waves in the market once again, showing remarkable resilience in the face of mixed fourth-quarter results and a groundbreaking $750 million acquisition of Jackpocket, a leading lottery app in the U.S.
Despite
DraftKings Shows Resilience Amidst NFL WoesOverview
DraftKings ( NASDAQ:DKNG ), the renowned sports betting company, recently unveiled its fourth-quarter results, showcasing a commendable 44% growth in revenue despite facing challenges from NFL outcomes that fell short of expectations. While the figures slightly missed Wall Street estimates,
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Frequently Asked Questions
The current price of DKNG is 41.64 USD — it has decreased by 1.35% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on NASDAQ exchange DraftKings Inc. stocks are traded under the ticker DKNG.
DraftKings Inc. is going to release the next earnings report on May 2, 2024. Keep track of upcoming events with our Earnings Calendar.
DKNG stock is 2.98% volatile and has beta coefficient of 2.50. Check out the list of the most volatile stocks — is DraftKings Inc. there?
One year price forecast for DraftKings Inc. has a max estimate of 89.00 USD and a min estimate of 32.00 USD.
DKNG earnings for the last quarter are −0.61 USD per share, whereas the estimation was −0.69 USD resulting in a 11.60% surprise. The estimated earnings for the next quarter are 0.08 USD per share. See more details about DraftKings Inc. earnings.
DraftKings Inc. revenue for the last quarter amounts to 789.96 M USD despite the estimated figure of 704.87 M USD. In the next quarter revenue is expected to reach 1.24 B USD.
Yes, you can track DraftKings Inc. financials in yearly and quarterly reports right on TradingView.
DKNG stock has fallen by 7.30% compared to the previous week, the month change is a 3.63% fall, over the last year DraftKings Inc. has showed a 100.97% increase.
DKNG net income for the last quarter is −44.62 M USD, while the quarter before that showed −283.10 M USD of net income which accounts for 84.24% change. Track more DraftKings Inc. financial stats to get the full picture.
Today DraftKings Inc. has the market capitalization of 19.72 B, it has increased by 1.79% over the last week.
No, DKNG doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
Like other stocks, DKNG shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade DraftKings Inc. stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 19, 2024, the company has 4.40 K employees. See our rating of the largest employees — is DraftKings Inc. on this list?
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So DraftKings Inc. technincal analysis shows the sell today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating DraftKings Inc. stock shows the buy signal. See more of DraftKings Inc. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on DraftKings Inc. future price: according to them, DKNG price has a max estimate of 89.00 USD and a min estimate of 32.00 USD. Read a more detailed DraftKings Inc. forecast: see what analysts think of DraftKings Inc. and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. DraftKings Inc. EBITDA is −561.44 M USD, and current EBITDA margin is −15.00%. See more stats in DraftKings Inc. financial statements.