DraftKings Inc. (DKNG) Is a Trending Stock: Facts to Know Before Betting on It
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.
Sports Betting Stocks Slip as Illinois Passes New Per-Bet Tax
Shares of several sports betting companies dropped Monday after lawmakers in Illinois passed a state budget that includes a new tax on the industry.
SailGP launches sports betting with DraftKings and Bet365
SailGP is providing real-time odds to gaming platfoms to allow users to place bets SailGP's sports betting push is part of a broader strategic plan to attract new fans, drive deeper engagement and grow the league's popularity
Why 25 Analysts Think This Growth Stock Is a Screaming Buy Right Now
There are many different methods investors can utilize to identify the best growth stocks to buy right now.
DraftKings' March Madness Miss: Wall Street Sees +50% Upside
During an earnings season where analysts expected many companies to lower guidance, darling gambling stock DraftKings NASDAQ: DKNG was one that had to do just that. Even as shares are down nearly 34% from their all-time high reached in February as of the May 21 close, DraftKings stock is still up more than 150% over the past three years.
DraftKings: Keep Your Eyes On The Profitability Prize
DraftKings is nearing profitability, potentially as soon as 2025, driven by improving margins and disciplined cost management. Despite a slightly disappointing Q1, DraftKings is gaining market share and benefiting from the ongoing legalization of online betting. The company's premium valuation is justified by its strong US exposure, high growth outlook, and steady progress toward free cash flow.
Is It Worth Investing in DraftKings (DKNG) Based on Wall Street's Bullish Views?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Why DraftKings Share Price Could Soar to Multi-Year Highs
DraftKings' NASDAQ: DKNG price action hit a 9-month low in early Q2 due to unfounded fears of weakening business in Q1. However, it is now in an updraft that can take it to a multi-year high by the end of 2025.
Here is What to Know Beyond Why DraftKings Inc. (DKNG) is a Trending Stock
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 Cuts 2025 Outlook, Says Favored Teams Winning Drives Lower Margins
It's said the house always wins in gambling. But as sports betting and iGaming statistics and algorithms continually improve, the favorite often wins, too.
DraftKings CEO: No structural changes need for now to account for volatility in game outcomes
CNBC's Contessa Brewer joins DraftKings CEO and co-founder, Jason Robins, to discuss the company's most recent earnings, longterm outlooks for gambling, and more.
DraftKings (DKNG) Q1 2025 Earnings Call Transcript
DraftKings Inc. (NASDAQ:DKNG ) Q1 2025 Earnings Conference Call May 9, 2025 8:30 AM ET Company Participants Jason Robins - Chief Executive Officer Alan Ellingson - Chief Financial Officer Michael DeLalio - Senior Director, Investor Relations Conference Call Participants David Katz - Jefferies Shaun Kelley - Bank of America Stephen Grambling - Morgan Stanley Robin Farley - UBS Ben Miller - Goldman Sachs Brandt Montour - Barclays Jordan Bender - Citizens Joe Stauff - Susquehanna Robert Fishman - MoffettNathanson Jed Kelly - Oppenheimer Clark Lampen - BTIG Steven Sheeckutz - Citi Barry Jonas - Truist Securities Ben Chaiken - Mizuho Operator Welcome to the Draft Kings first quarter 2025 earnings call. At this time, all participants are in a listen-only mode.
