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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/8/2025 | $56.00 → $54.00 | Positive | Susquehanna |
| 10/18/2024 | $54.00 → $62.00 | Outperform | Mizuho |
| 10/7/2024 | $48.00 → $50.00 | Positive | Susquehanna |
| 9/10/2024 | $35.00 | Underperform → Neutral | Exane BNP Paribas |
| 9/4/2024 | $56.00 → $58.00 | Buy | UBS |
| 9/4/2024 | $47.00 → $48.00 | Positive | Susquehanna |
| 7/1/2024 | $60.00 → $58.00 | Outperform | Oppenheimer |
| 5/6/2024 | $58.00 → $60.00 | Buy | Needham |
BOSTON, Feb. 18, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (NASDAQ:DKNG) (the "Company" or "DraftKings") today announced the launch of syndication for a proposed senior secured term loan B credit facility (the "Term Loan B") in an aggregate principal amount of $500 million. The consummation of the Term Loan B is subject to market and other conditions. DraftKings intends to utilize the net proceeds of the Term Loan B for general corporate purposes. About DraftKings DraftKings Inc. is a digital sports entertainment and gaming company created to be the Ultimate Host and fuel the competitive spirit of sports fans with products that range across daily fantasy, regulated gaming, and digital me
Raises 2025 Revenue Guidance Midpoint to $6.45 Billion; Reaffirms 2025 Adjusted EBITDA Guidance of $900 Million to $1.0 Billion BOSTON, Feb. 13, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (NASDAQ:DKNG) ("DraftKings" or the "Company") today announced its fourth quarter and fiscal year 2024 financial results. The Company also posted a letter to shareholders and an earnings presentation on the Investor Relations section of its website at investors.draftkings.com. Fourth Quarter 2024 HighlightsFor the three months ended December 31, 2024, DraftKings reported revenue of $1,393 million, an increase of $162 million, or 13%, compared to $1,231 million during the same period in 2023. The in
BOSTON, Jan. 23, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (NASDAQ:DKNG) (the "Company" or "DraftKings") today announced that it will release its fourth quarter and full year 2024 results after the close of market trading on Thursday, February 13, 2025. DraftKings will host a conference call and audio webcast the following morning, Friday, February 14, 2025, at 8:30 a.m. ET, during which management will discuss the Company's results and provide commentary on business performance. To listen to the audio webcast and live Q&A, please visit DraftKings' investor relations website at investors.draftkings.com. The audio webcast will be available on the Company's investor relations website until 1
10-K - DraftKings Inc. (0001883685) (Filer)
8-K - DraftKings Inc. (0001883685) (Filer)
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Susquehanna reiterated coverage of DraftKings with a rating of Positive and set a new price target of $54.00 from $56.00 previously
Mizuho reiterated coverage of DraftKings with a rating of Outperform and set a new price target of $62.00 from $54.00 previously
Susquehanna reiterated coverage of DraftKings with a rating of Positive and set a new price target of $50.00 from $48.00 previously
Raises 2025 Revenue Guidance Midpoint to $6.45 Billion; Reaffirms 2025 Adjusted EBITDA Guidance of $900 Million to $1.0 Billion BOSTON, Feb. 13, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (NASDAQ:DKNG) ("DraftKings" or the "Company") today announced its fourth quarter and fiscal year 2024 financial results. The Company also posted a letter to shareholders and an earnings presentation on the Investor Relations section of its website at investors.draftkings.com. Fourth Quarter 2024 HighlightsFor the three months ended December 31, 2024, DraftKings reported revenue of $1,393 million, an increase of $162 million, or 13%, compared to $1,231 million during the same period in 2023. The in
BOSTON, Jan. 23, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (NASDAQ:DKNG) (the "Company" or "DraftKings") today announced that it will release its fourth quarter and full year 2024 results after the close of market trading on Thursday, February 13, 2025. DraftKings will host a conference call and audio webcast the following morning, Friday, February 14, 2025, at 8:30 a.m. ET, during which management will discuss the Company's results and provide commentary on business performance. To listen to the audio webcast and live Q&A, please visit DraftKings' investor relations website at investors.draftkings.com. The audio webcast will be available on the Company's investor relations website until 1
BOSTON, Nov. 07, 2024 (GLOBE NEWSWIRE) -- DraftKings Inc. (NASDAQ:DKNG) ("DraftKings" or the "Company") today announced results for the third quarter of 2024. The Company also posted a third quarter 2024 business update and an earnings presentation on the Investor Relations section of its website at investors.draftkings.com. Third Quarter 2024 Highlights For the three months ended September 30, 2024, DraftKings reported revenue of $1,095 million, an increase of $306 million, or 39%, compared to $790 million during the same period in 2023. The increase in the Company's third quarter 2024 revenue was driven primarily by continued healthy customer engagement, efficient acquisition of new cu
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BOSTON, April 22, 2024 (GLOBE NEWSWIRE) -- DraftKings (NASDAQ:DKNG) announced today the appointment of Lori Kalani as Chief Responsible Gaming Officer reporting into DraftKings' chief executive officer, Jason Robins. Kalani becomes DraftKings' first Chief Responsible Gaming Officer committed to the continued elevation and integration of the company's player safety and protection activities and initiatives across all facets of its platforms and player communities. "Responsible gaming is one of our top priorities and it is a core part of our mission to build games that our customers can enjoy responsibly," said Jason Robins, CEO and Co-Founder of DraftKings. "In this leadership role, Lori
LOS ANGELES, Aug. 30, 2021 /PRNewswire/ -- Autograph, the company partnering with the world's biggest icons to usher in a new era of digital collecting, announced its appointment of American gymnast, Simone Biles to its Advisory Board, along with her first collection of NFTs dropping on August 31st. The Simone Biles Collection will be available exclusively to view on Autograph.io and for sale on DraftKings Marketplace. One of the greatest athletes of all-time, Biles has expanded her repertoire to collaborate with Autograph to design her own NFTs to interact with her fans in the next era of digital collectibles.
BOSTON, May 07, 2021 (GLOBE NEWSWIRE) -- DraftKings Inc. (NASDAQ:DKNG) ("DraftKings" or the "Company") today reported first quarter 2021 financial results. First Quarter 2021 Highlights For the three months ended March 31, 2021, DraftKings reported revenue of $312 million, an increase of 253% compared to $89 million during the same period in 2020. After giving pro forma effect to the business combination with SBTech (Global) Limited ("SBTech") and Diamond Eagle Acquisition Corp. which was completed on April 23, 2020, as if it had occurred on January 1, 2019, revenue grew 175% compared to the three months ended March 31, 2020. "DraftKings is off to an outstanding start in 2021," said Jas