Stock Analysis
DraftKings Inc. Class A Common StockDKNG
Sector: Consumer Cyclical · Industry: Services-Miscellaneous Amusement & Recreation
AnalystsStrong Buy45 analystsPrice is 2% of the way from the year's low to its high.
PMP Verdict
Cheap for a reason — weak fundamentals
Risks
- Profitability0
- Financial Health15
Cheap for a reason — fundamentals remain weak.
Market context
-2.1% today· Z 0.6σ
Bull Case
- ✓Piotroski F-Score 8/9 — high earnings quality
- ✓Revenue CAGR 47.0% — durable top-line growth
What's happening with DKNG
Profile
profitability, moat, financial health and growth lag behind.
How is each axis scored?
- Valuation65/100 · Moderate
- P/E vs own history (n/a)10/25
- FCF yield (7.0%)20/25
- P/S (1.5x)25/25
- EV/EBIT (n/a)10/25
- Growth25/100 · Weak
- Revenue CAGR (47.0%)25/25
- Net income CAGR (n/a)0/25
- EPS CAGR 5Y (n/a)0/25
- Fwd implied growth (n/a)0/25
- Profitability0/100 · Weak
- ROIC (n/a)0/25
- ROE (-26.4%)0/25
- Net margin (-2.7%)0/25
- Operating margin (-2.9%)0/25
- Financial Health15/100 · Weak
- Altman Z (0.43)3/25
- Current ratio (1.03)12/25
- Interest coverage (-213.9x)0/25
- Net cash / debt (n/a)0/25
- Quality50/100 · Moderate
- Piotroski F (8/9)25/25
- Beneish M (-3.02)25/25
- FCF conversion (n/a)0/25
- Margin stability (σ 64.2%)0/25
- Moat13/100 · Weak
- ROIC >12% years (0/4 yrs)0/25
- Median gross margin (38.4%)13/25
- FCF-positive years (2/6 yrs)0/25
- Worst-year net margin (worst -137.4%)0/25
Risk Flags
- ⚠Altman Z 0.4 — distress-zone balance sheet
- ⚠SBC 5.2% of revenue — real dilution cost
- ⚠5 loss-making years in recent history
- ⚠Interest coverage -213.9× — thin debt cushion
About DraftKings Inc. Class A Common Stock
DraftKings got its start in 2012 as an innovator in daily fantasy sports. Show more
Then, following a Supreme Court ruling in 2018 that allowed states to legalize online sports wagering, the company expanded into online sports and casino gambling, where it generally holds the number-two or -three revenue share position across states where it competes. With its predictive market launch in 2025, DraftKings is now live with online or retail sports betting in most all states and i-gaming in five states, with both products available to about 50% of Canada's population. In 2025, sports revenue was 63% of total sales, i-gaming 30%, and fantasy and lottery 7%.
Headquarters: BOSTON, MA · Employees: 5,500 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
65BP/E (TTM)—
Price / TTM EPS (own statements)
P/FCF16.0xB
Grade B: FairPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield7.0%A
Grade A: ValueTTM (OCF − CapEx) / Market Cap — vs own 5Y history: -13.7%–8.5% · 97th pct
P/S (TTM)1.50xA
Grade A: CheapPrice / TTM Revenue (own statements) — vs own 5Y history: 1.4x–14.4x · lowest in history
EV/EBITDA91.6xD
Grade D: ExpensiveEnterprise value / EBITDA (Finnhub) — capital-structure neutral
EV/Sales1.6xA
Grade A: CheapEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E31.3xC
Grade C: ExpensivePrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio14.82xD
Grade D: Very expensivePrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio0.60A
Grade A: CheapFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield—
TTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio—
Dividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
0EROIC—
NOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE-26.4%D
Grade D: WeakReturn on Equity. Neg. equity = heavy buybacks
ROA-3.8%D
Grade D: WeakReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin-2.7%D
Grade D: LowNet Income / Revenue
Operating Margin-2.9%D
Grade D: LowTTM EBIT / TTM Revenue
Gross Margin40.5%C
Grade C: AverageGross Profit / Revenue
FCF Margin10.5%C
Grade C: AverageFCF / Revenue
True FCF Margin5.3%C
Grade C: AverageTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
25ERevenue CAGR47.0%A
Grade A: HighCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR—
Compound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)—
Compound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth—
Analyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)—
Share count change over 5Y
SBC / Net Income—
Stock-based comp/Net income. >30% = dilution risk
SBC / Revenue5.2%C
Grade C: MedTTM stock-based comp / TTM Revenue
Financial Health
15EAltman Z-Score0.43D
Grade D: DistressBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio1.03xC
Grade C: OkCurrent Assets/Liabilities
Quick Ratio0.95xC
Grade C: Ok(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage-213.9xD
Grade D: RiskyEBIT/Interest. >10 Strong
Debt Repayment—
Years to repay net debt via FCF
Net Debt/EBIT—
Leverage. <2x Low, >4x High
Debt/Equity3.22xD
Grade D: HighDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt—
Cash covers how much of total debt. >1 = could repay all debt from cash
Quality
50CPiotroski F-Score8/9A
Grade A: StrongFinancial strength 0–9. >7 Strong
Beneish M-Score-3.02A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion—
FCF / Net Income
Margin Stability64.2%D
Grade D: VolatileEBIT margin std deviation. Lower = stable
Capex / Revenue0.3%A
Grade A: Asset-lightTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover1.40xA
Grade A: HighRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Dodge R Stanton Filed | Dodge R Stanton | Option exercise | -1476 | |
Dodge R Stanton Filed | Dodge R Stanton | Tax withholding | -646 | |
Dodge R Stanton Filed | Dodge R Stanton | Option exercise | +1.5K | |
Robins Jason Filed | Robins Jason | Gift | -12000 | |
Kalish Matthew Filed | Kalish Matthew | SellJ | -875000 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Kalish Matthew Filed | Kalish Matthew | SellJ | -864880 | |
Ellingson Alan Wayne Filed | Ellingson Alan Wayne | Option exercise | -19920 | |
Ellingson Alan Wayne Filed | Ellingson Alan Wayne | Option exercise | -5300 |
Option exercise (M) rows report a derivative leg, not an open-market sale — a paired negative entry is the option position being consumed.
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
13EROIC >12% Years0/4 yrsD
Grade D: WeakShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)38.4%C
Grade C: ModerateMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years2/6 yrsD
Grade D: WeakShare of completed fiscal years with positive free cash flow
Net Margin Floor-137.4%D
Grade D: WeakWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)—
TTM net income per share (Finnhub fallback)
Cash / Share$1.55
Cash & short-term investments per share (Finnhub)
Book Value / Share$0.64
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt—
Total debt obligations (short + long term)
Cash & Equiv.$1.13B
Cash and short-term investments
Net Debt—
Total Debt minus Cash. Negative = Net Cash position
Total Equity$631.46M
Shareholders' equity (book value)
Asset / Liability1.16xC
Grade C: AdequateTotal Assets / Total Liabilities
Market
Market Cap$9.36B
Current Market Capitalization
Beta1.67C
Grade C: VolatilePrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 17, 2026
Key Insights: DraftKings Inc. Class A Common Stock (DKNG)
DKNG is down 2.12% at the last close. DraftKings Inc. Class A Common Stock meets 8 of 9 Piotroski F-Score criteria, placing its fundamental strength in the top tier of US-listed stocks. Altman Z-Score of 0.43 is below the 1.81 distress threshold — an elevated financial-risk flag. Beneish M-Score of -3.02 suggests a low likelihood of earnings manipulation.
- Revenue has compounded at roughly 47% annually — a strong growth profile.
- Interest coverage of -213.9× leaves little room for earnings shocks.
- DraftKings Inc. Class A Common Stock posted a net loss in 5 of 6 available completed fiscal years (2020–2025).
See how DKNG ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all DKNG moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 5 | Regular | 19.57 | +5.27% | 2.10 |
| Oct 5 | After-hours | 19.65 | +5.70% | 2.23 |
| Sep 29 | Regular | 19.75 | -6.69% | -2.28 |
Frequently Asked Questions about DKNG
What is the current DraftKings Inc. Class A Common Stock (DKNG) stock price?
DKNG is trading at $18.90 at the last market close, down 2.12% on the session. PreMarketPrice tracks DKNG pre-market, intraday and after-hours prices.
Is DKNG stock a buy right now?
PreMarketPrice's quantitative model rates DraftKings Inc. Class A Common Stock's financial health at 15/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is DKNG stock overvalued?
DraftKings Inc. Class A Common Stock trades at a trailing P/E of n/a and our valuation score rates it 65/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does DraftKings Inc. Class A Common Stock report earnings?
No confirmed earnings date is currently scheduled for DKNG. The Earnings section lists recent reports and updates as dates are announced.
What sector does DraftKings Inc. Class A Common Stock operate in?
DraftKings Inc. Class A Common Stock operates in the Consumer Cyclical sector, within the Services-Miscellaneous Amusement & Recreation industry. The Related Stocks section lists sector peers for comparison.
What does DraftKings Inc. Class A Common Stock do?
DraftKings got its start in 2012 as an innovator in daily fantasy sports.
About DraftKings Inc. Class A Common Stock (DKNG) Stock
DraftKings Inc. Class A Common Stock (DKNG) is a US-listed stock operating in the Consumer Cyclical sector, specifically the Services-Miscellaneous Amusement & Recreation industry. As of the latest update, DraftKings Inc. Class A Common Stock is trading at $18.90, down 2.12% on the day with a market capitalization of $9.4 billion. The financial health score for DKNG is 15/100, which indicates poor financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for DKNG stock.
DKNG Stock Analysis & Key Metrics
On PreMarketPrice, you can track DraftKings Inc. Class A Common Stock (DKNG) across multiple dimensions:
- Pre-market price & movement: Real-time DKNG stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for DKNG with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for DraftKings Inc. Class A Common Stock across multiple reporting periods.
- Financial health score: A composite score of 15/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for DKNG.
- Sector peers: Compare DKNG against 5 other consumer cyclical stocks on key financial metrics.
Is DKNG a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate DraftKings Inc. Class A Common Stock (DKNG) as an investment. The financial health score of 15/100 suggests poor financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.DraftKings Inc. Class A Common Stock (DKNG) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.