DraftKings Inc. DKNG
Services-Misc. Amusement & Recreation · IPO 2019 · data as of November 13, 2026
DraftKings Inc. (DKNG) is a consumer discretionary company listed in the US with a market value of about $9.4B. In the twelve months to September 30, 2026 it had revenue of $6.4B and net income of -$379M, a net margin of -5.9%.
Its overall Stock Analiz score is 1.2 out of 5 (weak). The strongest part is future growth (4/5); the weakest is value (0/5).
Key numbers: a price to free cash flow of 29.0, 5-year revenue growth of 58% a year, a 5-year average ROIC of -58%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 68% below the current price.
Score: 1.2 / 5
Checks passed
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
- Strong R&D investment or growth above 20%
- 5-year revenue growth above 8% a year
- Positive free cash flow
Checks not passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- 3-year free cash flow growth above 10% a year
- 5-year EPS growth above 10% a year
- 5-year average ROIC above 12%
Valuation
Growth and quality
Financials, last 6 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Revenue | $6.4B | $6.1B | $4.8B | $3.7B | $2.2B | $1.3B | $615M |
| Net income | -$379M | $4M | -$507M | -$802M | -$1.4B | -$1.5B | -$1.2B |
| Free cash flow | $324M | $648M | $408M | -$23M | -$658M | -$435M | -$206M |
| EPS (diluted) | $-0.79 | $-0.01 | $-1.05 | $-1.73 | $-3.16 | $-3.78 | $-4.03 |
| Net margin | -5.9% | 0.1% | -10.6% | -21.9% | -61.5% | -117.5% | -200.5% |
| ROIC | — | -0.5% | -47.8% | -66.8% | -103.2% | -70.5% | -32.0% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 36 analysts is $27.09, 43% above the current price; targets range from $16.00 to $58.00; the consensus rating is “Buy”; expected EPS is $0.56 for the fiscal year ending December 31, 2026.
Frequently asked questions
Is DraftKings stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 68% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does DraftKings pay a dividend?
Not currently.
Is DraftKings a good stock to buy?
We do not give buy or sell advice. DraftKings scores 1.2 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.