DraftKings Inc. (DKNG)
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.
DraftKings (DKNG) Lags Q1 Earnings and Revenue Estimates
DraftKings (DKNG) came out with quarterly earnings of $0.12 per share, missing the Zacks Consensus Estimate of $0.18 per share. This compares to loss of $0.30 per share a year ago.
DraftKings says lack of March Madness upsets kept it from raising its forecast, but shares rally
Sports-betting platform DraftKings Inc. reported a narrower-than-expected loss for the first quarter, but said that “customer-friendly sport outcomes in March” — that is, people winning bets — kept it from raising its full-year sales outlook.
DraftKings (DKNG) Earnings Expected to Grow: Should You Buy?
DraftKings (DKNG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
DraftKings (DKNG) Rises Higher Than Market: Key Facts
DraftKings (DKNG) reachead $33.29 at the closing of the latest trading day, reflecting a +0.21% change compared to its last close.
Is Trending Stock DraftKings Inc. (DKNG) a Buy Now?
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.
