UBS reiterated coverage on DraftKings with a new price target
$DKNG
Services-Misc. Amusement & Recreation
Consumer Discretionary
UBS reiterated coverage of DraftKings with a rating of Buy and set a new price target of $58.00 from $56.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 |
| 4/16/2024 | $60.00 | Buy | Goldman |
BOSTON, Oct. 17, 2024 (GLOBE NEWSWIRE) -- DraftKings Inc. (NASDAQ:DKNG) (the "Company" or "DraftKings") today announced that it will release its third quarter 2024 results after the close of market trading on Thursday, November 7, 2024. DraftKings will host a conference call and audio webcast the following morning, Friday, November 8, 2024, 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 11:59 p.m. E
BOSTON, Aug. 02, 2024 (GLOBE NEWSWIRE) -- (revised) — DraftKings Inc. (NASDAQ:DKNG) ("DraftKings" or the "Company") today announced results for the second quarter of 2024 and that its Board of Directors authorized the repurchase of an aggregate of up to $1.0 billion of its Class A common stock. The Company also posted a second quarter 2024 business update and an earnings presentation on the Investor Relations section of its website at investors.draftkings.com. This press release corrects the impact of the gain on remeasurement of warrant liabilities under Accounting Standards Codification 260 on U.S. GAAP diluted earnings per share for the quarter ended June 30, 2024. Diluted earnings per
BOSTON, Aug. 01, 2024 (GLOBE NEWSWIRE) -- DraftKings Inc. (NASDAQ:DKNG) ("DraftKings" or the "Company") today announced results for the second quarter of 2024 and that its Board of Directors authorized the repurchase of an aggregate of up to $1.0 billion of its Class A common stock. The Company also posted a second quarter 2024 business update and an earnings presentation on the Investor Relations section of its website at investors.draftkings.com. Second Quarter 2024 HighlightsFor the three months ended June 30, 2024, DraftKings reported revenue of $1,104 million, an increase of $230 million, or 26%, compared to $875 million during the same period in 2023. The increase in the Company
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
Exane BNP Paribas upgraded DraftKings from Underperform to Neutral and set a new price target of $35.00
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PGA Tour golfer Scottie Scheffler is soon to compete in his first Olympic games and hopes to get a win to complement his strong 2024 season. What Happened: Scheffler has been dominant in the 2024 PGA Tour season, winning six tournaments, including the Players Championship and the Masters. In 16 events, Scheffler made 16 cuts and 14 top-10 finishes. Along with his six wins, Scheffler also has two runner-up finishes. Scheffler is one of four golfers representing the U.S. at the 2024 Summer Olympics. Along with Scheffler, Xander Schauffele, Wyndham Clark and Collin Morikawa will compete as members of Team USA. The four golfers currently rank first, second, fifth and sixth in the PGA
Needham analyst Bernie McTernan reiterates DraftKings (NASDAQ:DKNG) with a Buy and maintains $60 price target.
DraftKings, Inc. (NASDAQ:DKNG) stock is trading higher on Tuesday. The company is anticipated to launch its mobile sports betting app in Washington D.C. The sports betting company is set to release quarterly earnings on August 1st. The Details: Once introduced in Washington D.C., the district would become the 29th jurisdiction in North America where DraftKings Sportsbook operates. “It has been incredible to see legalized sports betting grow rapidly over the past six years, and with plans to launch our online sportsbook in D.C., DraftKings looks forward to expanding its presence in more than half the country,” said Matt Kalish, president, DraftKings North America. “We would like to
BOSTON, Oct. 17, 2024 (GLOBE NEWSWIRE) -- DraftKings Inc. (NASDAQ:DKNG) (the "Company" or "DraftKings") today announced that it will release its third quarter 2024 results after the close of market trading on Thursday, November 7, 2024. DraftKings will host a conference call and audio webcast the following morning, Friday, November 8, 2024, 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 11:59 p.m. E
BOSTON, Aug. 02, 2024 (GLOBE NEWSWIRE) -- (revised) — DraftKings Inc. (NASDAQ:DKNG) ("DraftKings" or the "Company") today announced results for the second quarter of 2024 and that its Board of Directors authorized the repurchase of an aggregate of up to $1.0 billion of its Class A common stock. The Company also posted a second quarter 2024 business update and an earnings presentation on the Investor Relations section of its website at investors.draftkings.com. This press release corrects the impact of the gain on remeasurement of warrant liabilities under Accounting Standards Codification 260 on U.S. GAAP diluted earnings per share for the quarter ended June 30, 2024. Diluted earnings per
BOSTON, Aug. 01, 2024 (GLOBE NEWSWIRE) -- DraftKings Inc. (NASDAQ:DKNG) ("DraftKings" or the "Company") today announced results for the second quarter of 2024 and that its Board of Directors authorized the repurchase of an aggregate of up to $1.0 billion of its Class A common stock. The Company also posted a second quarter 2024 business update and an earnings presentation on the Investor Relations section of its website at investors.draftkings.com. Second Quarter 2024 HighlightsFor the three months ended June 30, 2024, DraftKings reported revenue of $1,104 million, an increase of $230 million, or 26%, compared to $875 million during the same period in 2023. The increase in the Company
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