Monthly Unique Payers (MUPs)

Revenue segments as reported by the company.

Online Gaming

Gaming Software

Other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

DraftKings

DraftKings, Inc. provides online fantasy sports and sports betting services. It provides users with daily fantasy sports, sports betting and iGaming opportunities, and is also involved in the design and development of sports betting and casino gaming platform software for online and retail sportsbook and casino gaming products. The company was founded on August 6, 2021 and is headquartered in Boston, MA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

DraftKings reports robust Q4 performance, eyes growth through innovation

DraftKings' strong Q4 2022 performance and focus on operational efficiency position the company for continued growth and profitability.
While facing industry competition and regulatory challenges, DraftKings leverages strengths in innovation and customer acquisition for market success.
Opportunities in revenue growth, international expansion, and product innovation align with DraftKings' strategic goals for sustainable market expansion.
Strategic responses to challenges and a focus on customer retention and operational excellence are key to DraftKings' future success in the dynamic market landscape.

DraftKings excels in Q1, eyes profitability and market leadership

DraftKings' strong financial performance, market leadership, and strategic focus on customer engagement position it well for continued success. With a clear roadmap for profitability, the company is leveraging unique sports wagering opportunities and product innovations to drive growth and navigate market challenges.

DraftKings reports stellar Q2 results, eyes growth amid challenges

DraftKings delivered a strong Q2 performance with revenue growth and positive adjusted EBITDA, driven by product enhancements and strong player engagement.
The company's focus on customer experience, product differentiation, and partnerships positions it well for future growth despite challenges like tax rates and expense management.
Opportunities lie in upcoming sports seasons, AI initiatives, and market expansion, highlighting DraftKings' potential for continued success and innovation.

DraftKings surpasses Q3 expectations, eyes iGaming growth opportunities

DraftKings' Q3 performance exceeded expectations, with strong revenue growth and positive EBITDA outlook for 2024. The company faces challenges in maintaining market share growth and managing revenue slowdown. Opportunities lie in iGaming expansion and product innovation.

DraftKings excels in revenue growth, eyes strategic acquisitions for expansion

DraftKings reports robust financial performance with revenue and EBITDA growth milestones.
Strategic acquisitions and customer-centric initiatives strengthen market position and engagement.
Challenges in Q4 and capital optimization efforts highlight areas for strategic focus.
Anticipated growth opportunities in product innovation, market expansion, and legislative developments.

DraftKings excels in Q1 2024, raises guidance amid market opportunities

DraftKings' strong financial performance in Q1 2024 reflects revenue growth, increased guidance, and a focus on operational efficiency. The company's strategic initiatives in product innovation, responsible gaming, and market expansion position it for sustained growth. Challenges in managing state launches and tax rate increases require proactive strategies.

DraftKings reports robust Q3 revenue growth and eyes Missouri expansion

DraftKings delivered strong revenue growth and margin improvement in Q3 2024, driven by Online Sportsbook and iGaming segments.
While facing challenges in achieving profitability and optimizing operational efficiency, the company remains agile in capitalizing on new market opportunities.
With a focus on expanding into Missouri, robust fiscal year 2025 guidance, and international market expansion plans, DraftKings is poised for continued growth and market leadership.

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DraftKings, Inc. is a digital sports entertainment and gaming company, which engages in the provision of online sports betting, online casino, daily fantasy sports product offerings, DraftKings Marketplace, retail sportsbook, media, and other consumer product offerings. It operates through the following segments: Business-to-Consumer (B2C) and Business-to-Business (B2B). The Business-to-Consumer segment includes sportsbook, iGaming and DFS product offerings, as well as media and other consumer product offerings. The Business-to-Business segment includes design and development of gaming software. The company was founded by Jason D. Robins, Matthew Kalish, and Paul Liberman on December 31, 2011 and is headquartered in Boston, MA.

The stock price of Draftkings Inc (NASDAQ: DKNG) is trading at over 6% pre-market today as of 8:40 AM ET. This is why it happened.

DKNG Stock Price Increases Over 6% Pre-Market: Why It Happened

American Airlines

Intel

Tesla

Ambarella

Baidu

Ballard Power Systems

Expedia

First Solar

Lowe's

With the trading day about halfway over, the broad markets were seeing a handy recovery from Friday's loss.

American Airlines, DraftKings, Intel, Tesla and More Monday Afternoon Analyst Calls

BOSTON, Jan. 29, 2021 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) today announced that Matt Kalish, co-founder and President, North America, will participate in the following event:

DraftKings Announces Matt Kalish's Participation in Upcoming Virtual Event

It's already available on Apple's App Store.

DraftKings Prepares to Launch Its Sportsbook & Casino App on Google Play

Legalization of betting in three big states is seen as the driver of the future gains.

DraftKings Could Have a 31% Upside, New Analyst Coverage Says

Skillz

Sports Betting Breaks Records During Pandemic: Esports, DraftKings, And Skillz Well Positioned For Long-Term Upside

BOSTON and CHARLOTTE, N.C., Jan. 27, 2021 (GLOBE NEWSWIRE) -- The Charlotte Hornets have named DraftKings Inc. (Nasdaq: DKNG) as the exclusive Official Daily Fantasy Sports Partner of the franchise. The multi-year agreement will greatly increase DraftKings' presence in North Carolina. Along with access to Hornets trademarks and logos, the deal provides that DraftKings-branded LED signage will be featured courtside and on the basket stanchion at Spectrum Center, in addition to logo displays on top of the backboards. The two companies will also collaborate on unique social promotions and content that further align the collective brands.

Charlotte Hornets Name DraftKings Official Daily Fantasy Sports Partner

A Sanford C. Bernstein prognosticator believes the company can produce double-digit growth in its dedicated user base for many years.

DraftKings Poised to Shoot 30%-Plus Higher, Says Analyst

An analyst is pushing this stock higher today.

Why DraftKings Shares Popped 10.2% on Tuesday

Penn Entertainment

An analyst has singled out two market leaders in the growing online sports betting market. The Analyst: Goldman Sachs analyst Stephen Grambling upgrades DraftKings Inc (NASDAQ: DKNG) from Neutral to Buy and raises the price target from $45 to $65.

Goldman Sachs Says Put Your Money On DraftKings, Penn National

DraftKings (DKNG) launches its mobile Sportsbook app in Virginia, bringing its digital sports-betting app to a total of 12 states in the United States.

DraftKings (DKNG) Unveils Sportsbook Platform in Virginia

BOSTON, Jan. 26, 2021 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (the “Company”, “DraftKings”) today announced that it will release its fourth quarter and year-end 2020 results prior to 8:30AM EDT on February 26, 2021.

DraftKings to Release Fourth Quarter and Year-End 2020 Results February 26

Investors are placing big bets on their favored sports betting operators as more and more states move to allow online gambling. What Happened: Just in time for the Super Bowl, DraftKings Inc. (NASDAQ: DKNG) announced the launch of its online sports betting app in Virginia on Sunday.

DraftKings Announces Virginia Launch Of Mobile Sports Betting: What's Next For The Sector?

FuboTV

Investors don't yet fully appreciate just how big the sports wagering market could be ... for organizations that handle this opportunity the right way.

3 Sports Betting Stocks Poised for a Bull Run

The stock price of DraftKings Inc (NASDAQ: DKNG) has received a price target of $65 Oppenheimer. These are the details.

DKNG Stock Price: $65 Target By Oppenheimer

Arrival of Top-Rated Digital Sportsbook in Old Dominion Marks Company's Twelfth State Launch Arrival of Top-Rated Digital Sportsbook in Old Dominion Marks Company's Twelfth State Launch

DraftKings Launches Mobile Sports Betting in Virginia

DKNG stock remains one of the top sports betting plays out there on the market, but sit tight until a more favorable entry point emerges. The post Wait for the Next Big Pullback to Dive into Draftkings appeared first on InvestorPlace.

Wait for the Next Big Pullback to Dive into Draftkings

Pennsylvania had nearly caught up to Nevada's sportsbook at 2020's end.

DraftKings, Penn National Profit From Record-Breaking Pennsylvania December Sports Betting

DraftKings (DKNG) to extend footprint in the sports-betting space with the upcoming launch of its mobile Sportsbook and Casino app in Michigan, on Jan 22.

DraftKings' (DKNG) Upcoming Launch in Michigan to Aid Expansion

Caterpillar

PepsiCo

Clorox

Delta Air Lines

Keurig Dr Pepper Inc

Palantir Technologies

Snowflake

United Rentals

The markets rallied as the inauguration of Joe Biden was taking place. With the trading day about half over, the broad markets were pushing higher on Wednesday The S&P 500 and Nasdaq were both up over 1%, with the Nasdaq leading the day.

Caterpillar, DraftKings, PepsiCo, Tesla and More Wednesday Afternoon Analyst Calls

Shares of DraftKings Inc. rallied 2.2% in morning trading Wednesday, after Morgan Stanley analyst Thomas Allen turned bullish on the online sports betting company, citing a much bigger than expected total available market (TAM) for the iGaming industry. Allen said sports betting and iGaming revenue reached $3 billion in 2020, well above his forecast of $2 billion, with the strength of iGaming extending well beyond casino closures resulting from the COVID-19 pandemic.

DraftKings stock rallies after Morgan Stanley turns bullish

Pure play sports betting company DraftKings Inc (NASDAQ: DKNG) gets an upgrade on Wednesady based on the total addressable market size rising with additional states launching and legalizing sports betting and iGaming. The DraftKings Analyst: Morgan Stanley's Thomas Allen upgraded DraftKings from Equal-Weight to Overweight and raises the price target from $39 to $60.

DraftKings Could Beat Revenue Estimates By 25% Over Next 4 Years: Morgan Stanley

DraftKings has become a market favorite, but it may have a long road to profitability.

DraftKings Faces Big Fight Against Las Vegas Casino Giants

Investing in DraftKings stock means you don't have to care who wins a game. People are definitely going to bet and DKNG will get its cut.

Betting Against DraftKings Stock Would Be Like Betting Against The House

DKNG stock is a safe bet for 2021 as the online betting industry is set to grow and DraftKings is an undeniably strong player in this space. The post DraftKings Stock Is a Safe Bet In 2021 appeared first on InvestorPlace.

News for DraftKings Stock (DKNG)