Zacks.com users have recently been watching DraftKings (DKNG) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
In the latest trading session, DraftKings (DKNG) closed at $42.8, marking a +1.09% move from the previous day.
DKNG eyes $750M in 2025 free cash flow as sportsbook strength and margin expansion drive profitability gains.
Flutter and DraftKings dominate the US sports betting and iGaming markets, holding a combined 66.1% market share and benefiting from economies of scale. The US sports betting market is still far from maturity, with legislative momentum and tax incentives driving further legalization and expansion opportunities. Both companies are well-positioned for growth: DraftKings offers higher upside as it nears profitability, while Flutter boasts a stable international base and superior hold rates.
DraftKings (DKNG) closed the most recent trading day at $41.32, moving 1.6% from the previous trading session.
The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
DraftKings (DKNG) closed the most recent trading day at $42.24, moving 1.17% from the previous trading session.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
The latest trading day saw DraftKings (DKNG) settling at $40.51, representing a +2.3% 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.
In the latest trading session, DraftKings (DKNG) closed at $36.50, marking a -3.9% move from the previous day.
FanDuel is adding a 50-cent surcharge on all Illinois wagers. The move is designed to offset the high taxes in the state.