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 February 27, 2026, DKNG stock price climbed to $23.84 with 15,641,763 million shares trading.

What is Draftkings - Class A's Beta?

DKNG has a beta of 1.29, meaning it tends to be more sensitive to market movements. DKNG has a correlation of 0.20 to the broad based SPY ETF.

How much is Draftkings - Class A worth?

DKNG has a market cap of $11.75 billion. This is considered a Large Cap stock.

How much money does Draftkings - Class A make?

Last quarter Draftkings - Class A reported $2 billion in Revenue and $.36 earnings per share. This beat revenue expectation by $11,222 and missed earnings estimates by -$.02.

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 $17.02.

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 -44.2%, while the SPY ETF gained +18.5%. In the last 3 month period, DKNG fell short of the market, returning -26.0%, while SPY returned +1.2%. However, in the most recent 2 weeks DKNG has outperformed the stock market by returning +9.6%, while SPY returned +0.6%.

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

DKNG support price is $22.64 and resistance is $24.34 (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.