DraftKings Inc. (DKNG): A Bull Case Theory [Yahoo! Finance]
DraftKings Inc. - Class A (DKNG)
Company Research
Source: Yahoo! Finance
DraftKings Inc. (DKNG)'s share was trading at $33.19 as of April 1 st . DKNG's forward P/E was 21.05 according to Yahoo Finance. DraftKings (DKNG) is a dominant player in the online sports betting market. With a best-in-class user interface and a strong brand presence, DraftKings has built a competitive advantage over traditional casino-operated sportsbooks. The company is currently legal in 25 U.S. states and continues expanding its footprint as new markets open. Despite its premium valuation—trading at 28.4x and 19.5x estimated earnings for 2025 and 2026—its projected 46% EPS growth in 2026 makes it an attractive long-term play. The stock is down 28% from its 30-day high and 48% from its all-time high, offering a compelling entry point. While regulatory risks and stock-based compensation dilution remain concerns. At 20x projected 2027 FCF minus SBC, the stock presents a potential 50% upside. The company's strong market positioning, continued state-by-state legalization, and focus
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DKNG
News
- What Jake Paul vs Anthony Joshua betting odds really mean [USA TODAY]USA TODAY
- Why Robinhood (HOOD) Stock Is Up Today [Yahoo! Finance]Yahoo! Finance
- Here's Why Brown Advisory Mid-Cap Growth Strategy Initiated a Position in DraftKings (DKNG) [Yahoo! Finance]Yahoo! Finance
- Policy Pro: Prediction Market Playbook Is Nothing New To Financial World [Yahoo! Finance]Yahoo! Finance
- Prediction Markets Tax Benefits That May Be Built Into The Tax Code [Forbes]Forbes
DKNG
Earnings
- 11/6/25 - Beat
DKNG
Sec Filings
- 12/11/25 - Form 4
- 12/11/25 - Form 4
- 12/5/25 - Form 4
- DKNG's page on the SEC website