DRAFTKINGS INC (DKNG)
NASDAQConsumer DiscretionaryGambling, Resorts & CasinosSnapshot 2026-10-29
$20.72+2.07%
Close 2026-10-29 · 1-day change
NASDAQConsumer DiscretionaryGambling, Resorts & CasinosSnapshot 2026-10-29
Research Workspace
Put DKNG beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Consumer Discretionary is in steady. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Management is running behind on a stated commitment.
View ThesisRevenue is growing steadily — about 15% over the past year.
View GrowthMiddle-of-the-pack quality for its industry.
View QualityManagement screens weak on capital allocation, earnings delivery, margins, the balance sheet.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationThis stock is volatile — it swings about 2% on a typical day and fell roughly 49% in its worst 12-month stretch.
View RiskDKNG depends on Sportsbook and Predictions growing customer acquisition and engagement. That growth faces a challenge from bettors moving to prediction markets. Revenue fell 5% year over year in Q2 FY2026. Reported earnings per share beat consensus by 12.5%, though the release was rated inline. DKNG trades at 1.7 times sales versus 0.8 times for peers. The price reflects less growth than our forecast. Management is running behind on a stated commitment. Our model puts the next-quarter miss probability near 44%. Peer multiples imply a price about 8% above where it trades. This read is provisional.
Trailing returns as of 2026-10-29. DKNG is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 38 analysts currently covering DKNG (as of Oct 2026).
Based on 15 Wall Street analysts offering 12-month price targets for DKNG in the last 4 months.
Continue this research
Compare DKNG with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| DKNG Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 5 valuation methods, at three horizons. As of 2026-10-29. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Casinos & Gaming — fair value, gap to price, and forward P/E.
Compare the value case
Put DKNG next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Expand customer acquisition and engagement in Sportsbook and Predictions
Upgrade indicates improved customer acquisition potential.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-10-29. EPS is implied from price ÷ P/E. Not investment advice.
Current $20.72
The last 12 months of price, then the range of analyst 12-month targets from today’s $20.72.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Bottom 25% on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Advances: Expand customer acquisition and engagement in Sportsbook and Predictions
Stock surge reflects positive outlook on customer engagement.
Advances: Expand customer acquisition and engagement in Sportsbook and Predictions
Upgrade highlights potential in prediction markets.
Increased competition may hinder customer acquisition and engagement.
Threatens: Expand customer acquisition and engagement in Sportsbook and Predictions
Bettor migration to prediction markets poses engagement risk.
Advances: Expand customer acquisition and engagement in Sportsbook and Predictions
AI targeting may enhance customer acquisition and engagement.
Advances: Expand customer acquisition and engagement in Sportsbook and Predictions
Growth in sportsbook and prediction markets noted.
Advances: Expand customer acquisition and engagement in Sportsbook and Predictions
AI targeting enhances customer acquisition and engagement.
