Monthly Unique Payers (MUPs)

Revenue segments as reported by the company.

Online Gaming

Gaming Software

Other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Year over year growth in Revenue and Operating Expenses.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

DraftKings

DraftKings, Inc. provides online fantasy sports and sports betting services. It provides users with daily fantasy sports, sports betting and iGaming opportunities, and is also involved in the design and development of sports betting and casino gaming platform software for online and retail sportsbook and casino gaming products. The company was founded on August 6, 2021 and is headquartered in Boston, MA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

DraftKings reports robust Q4 performance, eyes growth through innovation

DraftKings' strong Q4 2022 performance and focus on operational efficiency position the company for continued growth and profitability.
While facing industry competition and regulatory challenges, DraftKings leverages strengths in innovation and customer acquisition for market success.
Opportunities in revenue growth, international expansion, and product innovation align with DraftKings' strategic goals for sustainable market expansion.
Strategic responses to challenges and a focus on customer retention and operational excellence are key to DraftKings' future success in the dynamic market landscape.

DraftKings excels in Q1, eyes profitability and market leadership

DraftKings' strong financial performance, market leadership, and strategic focus on customer engagement position it well for continued success. With a clear roadmap for profitability, the company is leveraging unique sports wagering opportunities and product innovations to drive growth and navigate market challenges.

DraftKings reports stellar Q2 results, eyes growth amid challenges

DraftKings delivered a strong Q2 performance with revenue growth and positive adjusted EBITDA, driven by product enhancements and strong player engagement.
The company's focus on customer experience, product differentiation, and partnerships positions it well for future growth despite challenges like tax rates and expense management.
Opportunities lie in upcoming sports seasons, AI initiatives, and market expansion, highlighting DraftKings' potential for continued success and innovation.

DraftKings surpasses Q3 expectations, eyes iGaming growth opportunities

DraftKings' Q3 performance exceeded expectations, with strong revenue growth and positive EBITDA outlook for 2024. The company faces challenges in maintaining market share growth and managing revenue slowdown. Opportunities lie in iGaming expansion and product innovation.

DraftKings excels in revenue growth, eyes strategic acquisitions for expansion

DraftKings reports robust financial performance with revenue and EBITDA growth milestones.
Strategic acquisitions and customer-centric initiatives strengthen market position and engagement.
Challenges in Q4 and capital optimization efforts highlight areas for strategic focus.
Anticipated growth opportunities in product innovation, market expansion, and legislative developments.

DraftKings excels in Q1 2024, raises guidance amid market opportunities

DraftKings' strong financial performance in Q1 2024 reflects revenue growth, increased guidance, and a focus on operational efficiency. The company's strategic initiatives in product innovation, responsible gaming, and market expansion position it for sustained growth. Challenges in managing state launches and tax rate increases require proactive strategies.

DraftKings reports robust Q3 revenue growth and eyes Missouri expansion

DraftKings delivered strong revenue growth and margin improvement in Q3 2024, driven by Online Sportsbook and iGaming segments.
While facing challenges in achieving profitability and optimizing operational efficiency, the company remains agile in capitalizing on new market opportunities.
With a focus on expanding into Missouri, robust fiscal year 2025 guidance, and international market expansion plans, DraftKings is poised for continued growth and market leadership.

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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.

DKNG stock remains one of the top sports betting plays out there on the market, but sit tight until a more favorable entry point emerges. The post Wait for the Next Big Pullback to Dive into Draftkings appeared first on InvestorPlace.

Wait for the Next Big Pullback to Dive into Draftkings

Penn Entertainment

Pennsylvania had nearly caught up to Nevada's sportsbook at 2020's end.

DraftKings, Penn National Profit From Record-Breaking Pennsylvania December Sports Betting

DraftKings (DKNG) to extend footprint in the sports-betting space with the upcoming launch of its mobile Sportsbook and Casino app in Michigan, on Jan 22.

DraftKings' (DKNG) Upcoming Launch in Michigan to Aid Expansion

Caterpillar

PepsiCo

Tesla

Clorox

Delta Air Lines

Keurig Dr Pepper Inc

Palantir Technologies

Snowflake

United Rentals

The markets rallied as the inauguration of Joe Biden was taking place. With the trading day about half over, the broad markets were pushing higher on Wednesday The S&P 500 and Nasdaq were both up over 1%, with the Nasdaq leading the day.

Caterpillar, DraftKings, PepsiCo, Tesla and More Wednesday Afternoon Analyst Calls

Shares of DraftKings Inc. rallied 2.2% in morning trading Wednesday, after Morgan Stanley analyst Thomas Allen turned bullish on the online sports betting company, citing a much bigger than expected total available market (TAM) for the iGaming industry. Allen said sports betting and iGaming revenue reached $3 billion in 2020, well above his forecast of $2 billion, with the strength of iGaming extending well beyond casino closures resulting from the COVID-19 pandemic.

DraftKings stock rallies after Morgan Stanley turns bullish

Pure play sports betting company DraftKings Inc (NASDAQ: DKNG) gets an upgrade on Wednesady based on the total addressable market size rising with additional states launching and legalizing sports betting and iGaming. The DraftKings Analyst: Morgan Stanley's Thomas Allen upgraded DraftKings from Equal-Weight to Overweight and raises the price target from $39 to $60.

DraftKings Could Beat Revenue Estimates By 25% Over Next 4 Years: Morgan Stanley

DraftKings has become a market favorite, but it may have a long road to profitability.

DraftKings Faces Big Fight Against Las Vegas Casino Giants

Investing in DraftKings stock means you don't have to care who wins a game. People are definitely going to bet and DKNG will get its cut.

Betting Against DraftKings Stock Would Be Like Betting Against The House

DKNG stock is a safe bet for 2021 as the online betting industry is set to grow and DraftKings is an undeniably strong player in this space. The post DraftKings Stock Is a Safe Bet In 2021 appeared first on InvestorPlace.

DraftKings Stock Is a Safe Bet In 2021

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Caesars Entertainment

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Scientific Games

With sports returning to life, the growth of sports betting stocks proves that live sports is an economic and entertainment proposition. The post 8 Sports Betting Stocks Ready for Sports Resurgence appeared first on InvestorPlace.

8 Sports Betting Stocks Ready for Sports Resurgence

Roundhill Sports Betting & iGaming ETF

Michigan's highly anticipated launch of online sports betting is set to happen on Friday, Jan. 22. Nine companies have been approved to launch online sports betting offerings, according to Roundhill Investments.

Michigan Enters Online Sports Betting Game, With Barstool And DraftKings Ready To Roll

Marks First New Market Mobile Launch of 2021 Through Deal With Bay Mills Resort and Casino Marks First New Market Mobile Launch of 2021 Through Deal With Bay Mills Resort and Casino

DraftKings Mobile Sportsbook and iGaming to Arrive in Michigan on January 22nd

One of the leading sports betting names in America is teaming up with a media company to launch an interactive Super Bowl prop bet show. What Happened: Bleacher Report, owned by AT&T (NYSE: T), and DraftKings Inc (NASDAQ: DKNG) are continuing their media partnership with an exclusive Super Bowl LV prop bets show,

DraftKings To Launch Super Bowl Prop Bet Show With Bleacher Report

New Original Concept Gives Football Fans First Look at 2021 Props through Expert Analysis, Interactive Segments, Giveaways and More New Original Concept Gives Football Fans First Look at 2021 Props through Expert Analysis, Interactive Segments, Giveaways and More

Bleacher Report and DraftKings to Unveil Exclusive Super Bowl LV Prop Bets Show – B/R Drop Zone: DraftKings Big Game Prop Reveal

On Wednesday, DKNG gained 2.32% to reach its highest levels on a month on reports that Michigan is likely to imminently allow internet casinos and online sports betting. It was known that the Wolverine State signed off on those activities, but the timeline is being accelerated to the benefit of gaming equities.

These States Hold the Keys to Success for DraftKings Stock

DraftKings is one of the top IPO stocks to watch, as gambling legalization gains steam. Here is what the fundamentals and technical analysis say about buying DKNG stock now.

Is DraftKings Stock A Buy Or Sell Right Now As More States Legalize Sports Betting?

The fantasy sports and gambling company is in a big market.

Will DraftKings Keep Winning in 2021?

The stock price of DraftKings Inc (NASDAQ: DKNG) has received a price target of $60 from $48 by Truist. These are the details.

DKNG Stock Price: $60 Target (From $48) By Truist

The NBA sees concrete upsides to partnering with digital sportsbook companies.

Analyst: DraftKings Stands to Gain From NBA Positivity About Sports Betting

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Alibaba

General Electric

Intel

Moderna

Plug Power

In a market rife with speculation, the best speculation may be targeting value. The post 7 Great Speculations for 2021 appeared first on InvestorPlace.

7 Great Speculations for 2021

DraftKings (DKNG) stock could hit new highs if New York state passes a sports betting bill now set for debate.

DraftKings (DKNG) Could Hit New Highs

DraftKings looks like it will be a winner despite its high valuation. DKNG stock has an expected return of at least 36% based on more states allowing sports betting online.

Pricey DraftKings Stock Could Still Have a More Than 30% Return

Churchill Downs

Las Vegas Sands

Gambling stocks plunged in March, but have posted enormous rallies off the lows. These 4 names could be 2021 winners as well.

4 Gambling Stocks Letting the Chips Fall

Gan Ltd

Golden Nugget Online Gaming

Skillz

The COVID-19 pandemic absolutely crushed gambling stocks in late March of last year.

One Online Gambling Stock Has Jumped by 261% in the Past Year, Others Poised to Follow

Barclays

CNB Financial Corp.

JPMorgan Chase & Co

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With 2020 in the books, here's every stock I bought: the good, the bad, and the ugly.

News for DraftKings Stock (DKNG)