| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 31 | — | 17.8x | Bottom tier | |
Growth | 86 | 15.0% | 7.1% | Top tier | |
Quality | 29 | -6.7% | 4.5% | Bottom tier | |
Safety | 51 | 9.0x | 2.6x | Around median | |
Capital Return | 40 | — | 2.12% | Around median | |
Momentum | 22 | -47.6% | 2.9% | Bottom tier | |
Sentiment | 62 | 14 | 3 | Around median |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
DraftKings operates a digital sports entertainment ecosystem that includes Sportsbook and sports betting, iGaming, Fantasy, lottery and horse racing products, alongside a nationally available Predictions business through the DraftKings Sports app. Revenue generation depends on customer activity and betting and trading volumes, while the company seeks to increase customer profitability through cross-selling, improved retention, and a higher mix of parlay bets. In Predictions, the company owns three internal layers: brokerage, the DKeX exchange, and market making, enabling it to retain a larger share of transaction economics as volumes migrate to its own infrastructure.
EDGAR data for the 1st quarter of fiscal year 2026 showed revenue of $1.6 billion and gross profit of $696.7 million, equivalent to a gross margin of approximately 43.5%, net income of $21.1 million, and earnings per share of $0.03. On a trailing twelve-month basis in fiscal year 2026, revenue reached $6.3 billion, gross profit $2.6 billion, and net income $58.6 million, compared with revenue of $6.1 billion and net income of $3.7 million in fiscal year 2025.
In the 2nd quarter of fiscal year 2026, DraftKings recorded a net loss of $67.6 million, compared with net income of $157.9 million in the corresponding period, while adjusted EBITDA reached $115 million. The data did not disclose absolute revenue or a segment revenue breakdown for that quarter, but showed that Sportsbook volume increased 11% year over year, total consumer volume including Sportsbook and Predictions increased 15%, and monthly unique payers grew 9%. Total betting volume reached $13.1 billion, while customer-friendly sports outcomes, promotional spending, and customer acquisition pressured revenue and profitability.
The analyst consensus is Buy with an average target of $33.88, within a wide range of $27 to $49; the average is approximately 31% below the 52-week high of $48.78, while the highest target is close to that high. No meaningful price-to-earnings ratio is available in the data, consistent with limited accounting profitability of $58.6 million over the trailing twelve months and the fluctuation between a profit in the 1st quarter and a loss in the 2nd quarter of fiscal year 2026.
Figures in the text are as of 2026-08-29; the live price is shown at the top of the page.
The growth driver combines Sportsbook expansion and accelerating Predictions. Sportsbook volume increased 11% year over year, and total consumer volume increased 15% in the 2nd quarter of fiscal year 2026, while monthly unique payers grew 9%. In Predictions, the number of customers surpassed 600 thousand, and annualized trading volume increased from $2.3 billion in April 2026 to $11 billion in July 2026.
The company did not provide a standalone profitability figure for Predictions in the 2nd quarter of fiscal year 2026. However, it said it generated market-making profits across three exchanges, with a double-digit share in the markets in which it participated. Conversely, it expects to invest between $200 million and $300 million in Predictions during fiscal year 2026, meaning expansion still requires significant spending.
DraftKings launched its internal DKeX exchange in June 2026, then received approval in July 2026 to operate as a futures commission merchant. This structure allows the company to combine brokerage, exchange, and market making within one ecosystem, enabling it to retain a larger portion of transaction fees and customer economics. Management plans to gradually migrate most major sports volume to DKeX while preserving the customer experience, without specifying a deadline for completing the migration.
Automated analysis for informational purposes only — not investment advice.
The net loss reached $67.6 million in the 2nd quarter of fiscal year 2026, compared with a profit of $157.9 million in the corresponding period. Higher-than-expected promotions and customer acquisition pressured profitability, while customer-friendly sports outcomes caused an approximately $80 million negative impact on revenue. Nevertheless, the company generated adjusted EBITDA of $115 million and said revenue growth would have reached 10% year over year after neutralizing the effects of sports outcomes and customer acquisition.
On August 7, 2026, management maintained its fiscal year 2026 revenue range of $6.5 billion to $6.9 billion. It also maintained adjusted EBITDA guidance of $700 million to $900 million, a range that includes the expected investment in Predictions. It expects the core business to generate approximately $1 billion in adjusted EBITDA before spending between $200 million and $300 million on Predictions.
Net insider transactions during the three months ending with the latest transaction on August 19, 2026, were approximately negative $2.1 million, with four sales and no purchases. This represents a negative trading signal, but the amount is limited relative to a market capitalization of $12.5 billion. Insider sales may also be prearranged, and the data provide no evidence that they reflect a deterioration in the business outlook.
