DKNG Stock Summary and Trading Ideas (Draftkings - Class A | NASDAQ:DKNG)

DraftKings got its start in 2012 as an innovator in daily fantasy sports. 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. DraftKings is now live with online or retail sports betting in 28 states and i-gaming in 5 states, with both products available to around 40% of Canada's population. In 2024, sports revenue was 61% of total sales, i-gaming 32%, and fantasy and lottery 7%. The company plans to launch a predictive event platform in late 2025 and also operates a non-fungible token commission-based marketplace and develops and licenses online gaming products.

What symbol and exchange does Draftkings - Class A shares trade?

Draftkings - Class A trades on the NASDAQ stock market under the symbol DKNG.

What is Draftkings - Class A stock price doing today?

As of December 4, 2025, DKNG stock price climbed to $35.19 with 17,612,939 million shares trading.

What is Draftkings - Class A's Beta?

DKNG has a beta of 1.16, meaning it tends to be more sensitive to market movements. DKNG has a correlation of 0.16 to the broad based SPY ETF.

How much is Draftkings - Class A worth?

DKNG has a market cap of $17.52 billion. This is considered a Large Cap stock.

How much money does Draftkings - Class A make?

Last quarter Draftkings - Class A reported $1 billion in Revenue and -$.26 earnings per share. This fell short of revenue expectation by $-61 million and exceeded earnings estimates by $.05.

What is the highest and lowest price Draftkings - Class A traded in the last 3 year period?

In the last 3 years, DKNG traded as high as $53.61 and as low as $10.69.

What are the top ETFs holding Draftkings - Class A?

The top ETF exchange traded funds that DKNG belongs to (by Net Assets): VTI, VB, VBK, VXF, IWP.

Is Draftkings - Class A (DKNG) a good investment?

DKNG has underperformed the market in the last year with a return of -21.4%, while the SPY ETF gained +13.8%. In the last 3 month period, DKNG fell short of the market, returning -25.8%, while SPY returned +5.7%. However, in the most recent 2 weeks DKNG has outperformed the stock market by returning +21.3%, while SPY returned +4.9%.

What are the support and resistance levels for Draftkings - Class A (DKNG)?

DKNG support price is $33.48 and resistance is $35.62 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DKNG shares will trade within this expected range on the day.