12-Jun-2026
DraftKings and FanDuel boost marketing spending during the World Cup
Seeking Alpha News (Fri, 12-Jun 3:14 PM ET)
TipRanks (Fri, 12-Jun 5:50 AM ET)
Knicks championship chase lifts MSGS, sports betting, and live event stocks
Seeking Alpha News (Thu, 11-Jun 12:59 PM ET)
TipRanks (Thu, 11-Jun 8:03 AM ET)
DraftKings (DKNG) Receives a Buy from Oppenheimer
TipRanks (Thu, 11-Jun 8:00 AM ET)
TipRanks (Thu, 11-Jun 7:40 AM ET)
Analysts’ Top Consumer Cyclical Picks: Chewy (CHWY), Carvana Co (CVNA)
TipRanks (Wed, 10-Jun 7:30 PM ET)
Regulator seeks feedback on proposed rules governing prediction markets
Seeking Alpha News (Wed, 10-Jun 10:09 AM ET)
TipRanks (Wed, 10-Jun 7:40 AM ET)
DraftKings Stock (DKNG) Jumps as Investors Cheer Prediction Markets Momentum
TipRanks (Tue, 9-Jun 1:57 PM ET)
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. 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 around 40% of Canada's population. In 2025, sports revenue was 63% of total sales, i-gaming 30%, and fantasy and lottery 7%.
Draftkings - Class A trades on the NASDAQ stock market under the symbol DKNG.
As of June 12, 2026, DKNG stock price declined to $29.00 with 12,977,213 million shares trading.
DKNG has a beta of 1.16, meaning it tends to be more sensitive to market movements. DKNG has a correlation of 0.08 to the broad based SPY ETF.
DKNG has a market cap of $14.38 billion. This is considered a Large Cap stock.
Last quarter Draftkings - Class A reported $2 billion in Revenue and $.20 earnings per share. This beat revenue expectation by $8 million and exceeded earnings estimates by $.04.
In the last 3 years, DKNG traded as high as $53.61 and as low as $20.46.
The top ETF exchange traded funds that DKNG belongs to (by Net Assets): VTI, VB, VBK, VXF, IWP.
DKNG has underperformed the market in the last year with a return of -23.6%, while SPY returned +24.1%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in DKNG shares. However, DKNG has outperformed the market in the last 3 month and 2 week periods, returning +13.5% and +18.4%, while SPY returned +11.6% and -1.9%, respectively. This indicates DKNG has been having a stronger performance recently.
DKNG support price is $28.96 and resistance is $31.08 (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.