DraftKings Inc. (DKNG)
Consumer · NASDAQ · US
Price as at 1 Oct 2026, 20:15 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
DraftKings Inc. trades at $19.35, which is 45% above the $10.59 our fair value estimate puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.
Our moat model scores it 50 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 294.2 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
DKNG earnings and analyst estimates
Recommendation mix, 36 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About DraftKings Inc.
DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally. The company offers online and retail sports betting, daily fantasy sports, digital lottery couriers, prediction markets, and other products, as well as retails sportsbooks. It also provides iGaming, or online casino products, which includes blackjack, roulette, baccarat and slot machines. In addition, the company engages in the design and development of sports betting and casino gaming software for online and retail sportsbooks, and iGaming operators. DraftKings Inc. was founded in 2011 and is headquartered in Boston, Massachusetts.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
Super investor ownership
15 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Cliff Asness, AQR CAPITAL MANAGEMENT LLC$749.42M · 0.3% of book
- Baillie Gifford, BAILLIE GIFFORD & CO$181.28M · 0.2% of book
- Arrowstreet Capital, ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$45.75M · 0.0% of book
- Cathie Wood, ARK Investment Management LLC$31.04M · 0.2% of book
- Renaissance Technologies, RENAISSANCE TECHNOLOGIES LLC$30.16M · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Politician trades in DKNG
We hold 8 disclosed trades in DKNG by members of Congress and executive-branch officials. The latest 5:
- Alan S. Lowenthal · HouseSell · $1,001 - $15,000 · traded 19 Jan 2021 · disclosed 2 Feb 2021
- Alan S. Lowenthal · HouseSell · $1,001 - $15,000 · traded 29 Jun 2020 · disclosed 8 Jul 2020
- Alan S. Lowenthal · HouseSell · $1,001 - $15,000 · traded 3 Jun 2020 · disclosed 12 Jun 2020
- Alan S. Lowenthal · HouseSell · $1,001 - $15,000 · traded 26 May 2020 · disclosed 4 Jun 2020
- Alan S. Lowenthal · HouseSell · $1,001 - $15,000 · traded 20 May 2020 · disclosed 28 May 2020
A disclosure reports a value band, not an amount, and is due up to 45 days after the trade; some arrive later. Every filer we track, each with their own page, is on the Congress trading tracker.
DKNG peers
The largest companies in the same industry, then in the same sector.
- AMZN Amazon.com, Inc.
- TSLA Tesla, Inc.
- WMT Walmart Inc.
- COST Costco Wholesale Corporation
- KO The Coca-Cola Company
- PG The Procter & Gamble Company
- HM-B.ST H&M
- HD The Home Depot, Inc.
Every consumer company we cover is on the Consumer hub.
Common questions
Is DraftKings Inc. (DKNG) undervalued?
Against our fair value estimate of $10.59, DKNG at $19.35 is 45% above fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own DKNG?
15 of the institutions we track reported a position in DKNG in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is DKNG's P/E ratio?
DKNG trades at 294.2 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Where does SteadyShares get its DKNG data?
Fundamentals for DKNG come from company filings and exchange data, as listed on NASDAQ; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 1 Oct 2026, 20:15 UTC and is delayed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for DKNG, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.