The latest trading day saw DraftKings (DKNG) settling at $33.61, representing a -0.03% change from its previous close.
DraftKings (DKNG) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
The stock market has been on a wild ride in April. Following President Donald Trump's tariff announcement on April 2, the S&P 500 had one of its worst two-day performances in 80 years.
Achieving fast revenue growth is impressive, but doing so while generating positive cash flow is the ultimate goal for many companies. These two objectives often work against each other, making it no small feat.
DraftKings (DKNG) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
DraftKings (DKNG -4.64%) is growing its active user base as it expands to new markets.
The first few months of 2025 have been a rocky ride for investors. Stock prices have become increasingly volatile in recent months amid growing economic uncertainty.
DraftKings is seeing excellent and accelerating growth momentum. The momentum will likely continue in 2025 as the company's customer base swells. DraftKings bottom-line is also seeing a significant rise as the growth comes while the costs are controlled.
DraftKings (DKNG) closed at $37.04 in the latest trading session, marking a -1.7% move from the prior day.
DraftKings' reiterated FY2025 guidance, expanding gaming share, and cheap valuations underscore an excellent Buy rating, significantly aided by the recent correction. Recent earnings highlight excellent user acquisition trends and improved operational scale, leading to its impressive FY2024 revenues, adj EBITDA, and richer Free Cash Flow performance. DKNG's acquisitions and advanced analytical tools also enhance its vertically integrated gaming offerings, supporting its profitable growth trend despite macroeconomic uncertainties.
DraftKings (DKNG) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
DraftKings (DKNG) closed at $38.44 in the latest trading session, marking a -0.26% move from the prior day.