DraftKings Net Worth

DraftKings Net Worth Breakdown

  DKNG
The net worth of DraftKings is the difference between its total assets and liabilities. DraftKings' net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of DraftKings' assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. DraftKings' net worth can be used as a measure of its financial health and stability which can help investors to decide if DraftKings is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in DraftKings stock.

DraftKings Net Worth Analysis

DraftKings' net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including DraftKings' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of DraftKings' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform DraftKings' net worth analysis. One common approach is to calculate DraftKings' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares DraftKings' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing DraftKings' net worth. This approach calculates the present value of DraftKings' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of DraftKings' cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate DraftKings' net worth. This involves comparing DraftKings' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into DraftKings' net worth relative to its peers.

Enterprise Value

1.45 Billion

To determine if DraftKings is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding DraftKings' net worth research are outlined below:
The company reported the previous year's revenue of 4.77 B. Net Loss for the year was (507.29 M) with profit before overhead, payroll, taxes, and interest of 2.34 B.
Over 84.0% of the company shares are held by institutions such as insurance companies
Latest headline from marketbeat.com: DraftKings Posts Record Quarter, Eyes Profitability

DraftKings Quarterly Good Will

1.56 Billion

DraftKings uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in DraftKings. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to DraftKings' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
15th of February 2024
Upcoming Quarterly Report
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2nd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
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15th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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DraftKings Target Price Consensus

DraftKings target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. DraftKings' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   32  Strong Buy
Most DraftKings analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand DraftKings stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of DraftKings, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

DraftKings Target Price Projection

DraftKings' current and average target prices are 42.73 and 54.46, respectively. The current price of DraftKings is the price at which DraftKings is currently trading. On the other hand, DraftKings' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

DraftKings Market Quote on 11th of August 2025

Low Price42.73Odds
High Price44.88Odds

42.73

Target Price

Analyst Consensus On DraftKings Target Price

Low Estimate49.56Odds
High Estimate60.45Odds

54.4581

Historical Lowest Forecast  49.56 Target Price  54.46 Highest Forecast  60.45
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on DraftKings and the information provided on this page.

Know DraftKings' Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as DraftKings is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading DraftKings backward and forwards among themselves. DraftKings' institutional investor refers to the entity that pools money to purchase DraftKings' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Whale Rock Capital Management Llc2025-03-31
6.1 M
Morgan Stanley - Brokerage Accounts2025-03-31
5.9 M
Atlas Venture Advisors, Inc.9025-03-30
5.3 M
Sumitomo Mitsui Trust Group Inc2025-06-30
5.2 M
Eminence Capital Llc2025-03-31
5.2 M
Amvescap Plc.2025-03-31
5.2 M
Capital Research Global Investors
5.1 M
Ubs Group Ag2025-03-31
5.1 M
Capital World Investors2025-03-31
4.8 M
Vanguard Group Inc2025-03-31
43.1 M
Blackrock Inc3025-03-31
29.7 M
Note, although DraftKings' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow DraftKings' market capitalization trends

The company currently falls under 'Large-Cap' category with a current market capitalization of 21.29 B.

Market Cap

1.49 Billion

Project DraftKings' profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets(0.28)(0.30)
Return On Capital Employed(0.23)(0.24)
Return On Assets(0.12)(0.12)
Return On Equity(0.50)(0.53)
The company has Profit Margin (PM) of (0.06) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.1 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.1.
When accessing DraftKings' net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures DraftKings' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of DraftKings' profitability and make more informed investment decisions.

Evaluate DraftKings' management efficiency

DraftKings has return on total asset (ROA) of (0.0464) % which means that it has lost $0.0464 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.2638) %, meaning that it created substantial loss on money invested by shareholders. DraftKings' management efficiency ratios could be used to measure how well DraftKings manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to -0.3. The current Return On Capital Employed is estimated to decrease to -0.24. At this time, DraftKings' Intangibles To Total Assets are most likely to increase slightly in the upcoming years.
Last ReportedProjected for Next Year
Book Value Per Share 2.10  1.73 
Tangible Book Value Per Share(3.07)(2.91)
Enterprise Value Over EBITDA(57.85)(54.96)
Price Book Value Ratio 17.74  16.85 
Enterprise Value Multiple(57.85)(54.96)
Price Fair Value 17.74  16.85 
Enterprise Value1.8 B1.4 B
Leadership effectiveness at DraftKings is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Enterprise Value Revenue
4.0551
Revenue
5.4 B
Quarterly Revenue Growth
0.369
Revenue Per Share
11.017
Return On Equity
(0.26)
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific DraftKings insiders, such as employees or executives, is commonly permitted as long as it does not rely on DraftKings' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases DraftKings insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

DraftKings Corporate Filings

8K
7th of August 2025
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
1st of August 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
29th of April 2025
Other Reports
ViewVerify
26th of March 2025
Other Reports
ViewVerify
DraftKings time-series forecasting models is one of many DraftKings' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary DraftKings' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

DraftKings Earnings Estimation Breakdown

The calculation of DraftKings' earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of DraftKings is estimated to be 0.31465 with the future projection ranging from a low of 0.175 to a high of 0.41625. Please be aware that this consensus of annual earnings estimates for DraftKings is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
0.0
0.17
Lowest
Expected EPS
0.31465
0.42
Highest

DraftKings Earnings Projection Consensus

Suppose the current estimates of DraftKings' value are higher than the current market price of the DraftKings stock. In this case, investors may conclude that DraftKings is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and DraftKings' stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of December 2025Current EPS (TTM)
3460.49%
0.0
0.31465
-0.65

DraftKings Earnings History

Earnings estimate consensus by DraftKings analysts from Wall Street is used by the market to judge DraftKings' stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only DraftKings' upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

DraftKings Quarterly Gross Profit

657.95 Million

The DraftKings' current Price Earnings To Growth Ratio is estimated to increase to 0.94, while Retained Earnings are forecasted to increase to (6.1 B). The current Common Stock Shares Outstanding is estimated to decrease to about 363.4 M. The DraftKings' current Net Loss is estimated to increase to about (1.2 B).
Hype
Prediction
LowEstimatedHigh
40.6043.0345.46
Details
Intrinsic
Valuation
LowRealHigh
38.5952.5354.96
Details
Naive
Forecast
LowNextHigh
40.1442.5845.01
Details
32 Analysts
Consensus
LowTargetHigh
49.5654.4660.45
Details
Note that many institutional investors and large investment bankers can move markets due to the volume of DraftKings assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards DraftKings. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving DraftKings' stock price in the short term.

DraftKings Earnings per Share Projection vs Actual

Actual Earning per Share of DraftKings refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering DraftKings predict the company's earnings will be in the future. The higher the earnings per share of DraftKings, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

DraftKings Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as DraftKings, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of DraftKings should always be considered in relation to other companies to make a more educated investment decision.

DraftKings Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact DraftKings' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
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nullnullnullnull
2025-08-06
2025-06-300.12910.380.2509194 
2025-04-30
2025-03-310.1230.12-0.003
2025-02-13
2024-12-310.03540.140.1046295 
2024-11-07
2024-09-30-0.42-0.6-0.1842 
2024-08-01
2024-06-30-0.010.120.131300 
2024-05-02
2024-03-31-0.28-0.3-0.02
2024-02-15
2023-12-310.08-0.1-0.18225 
2023-11-02
2023-09-30-0.69-0.350.3449 
2023-08-03
2023-06-30-0.25-0.170.0832 
2023-05-04
2023-03-31-0.89-0.510.3842 
2023-02-16
2022-12-31-0.59-0.530.0610 
2022-11-04
2022-09-30-1.04-1.00.04
2022-08-05
2022-06-30-0.85-0.50.3541 
2022-05-06
2022-03-31-1.17-0.740.4336 
2022-02-18
2021-12-31-0.81-0.80.01
2021-11-05
2021-09-30-1.06-1.35-0.2927 
2021-08-06
2021-06-30-0.55-0.78-0.2341 
2021-05-07
2021-03-31-0.42-0.8-0.3890 
2021-02-26
2020-12-31-0.47-0.68-0.2144 
2020-11-13
2020-09-30-0.61-0.98-0.3760 
2020-08-14
2020-06-30-0.2-0.42-0.22110 
2020-05-15
2020-03-31-0.16-0.19-0.0318 
2020-03-12
2019-12-31-0.23-0.050.1878 
2019-08-12
2019-06-3000.020.02
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nullnullnullnull

DraftKings Corporate Management

Alan EllingsonSVP AnalyticsProfile
Lori KalaniChief OfficerProfile
Jason RobinsChairman CoFounderProfile
Brian AngioletChief OfficerProfile
Joseph DeCristofaroVice RelationsProfile
When determining whether DraftKings is a strong investment it is important to analyze DraftKings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact DraftKings' future performance. For an informed investment choice regarding DraftKings Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DraftKings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
For more detail on how to invest in DraftKings Stock please use our How to Invest in DraftKings guide.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DraftKings. If investors know DraftKings will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DraftKings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.846
Earnings Share
(0.65)
Revenue Per Share
11.017
Quarterly Revenue Growth
0.369
Return On Assets
(0.05)
The market value of DraftKings is measured differently than its book value, which is the value of DraftKings that is recorded on the company's balance sheet. Investors also form their own opinion of DraftKings' value that differs from its market value or its book value, called intrinsic value, which is DraftKings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DraftKings' market value can be influenced by many factors that don't directly affect DraftKings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DraftKings' value and its price as these two are different measures arrived at by different means. Investors typically determine if DraftKings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DraftKings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.