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The Latest Breaking News from DKNG

DraftKings Stacks the Deck: The $800M Prediction Pivot

DraftKings launched its CFTC-regulated DKeX prediction market exchange, targeting up to $800 million in revenue by 2027 as the stock trades near 52-week lows amid sportsbook revenue decline.

MarketBeat · Oct 7

Wall Street Is Betting These 3 Beaten-Down Stocks Have More Room to Run

Analysts at Bank of America, Citigroup and Barclays upgraded DraftKings, Harley-Davidson, and Estee Lauder with higher price targets ahead of Q3 earnings reports due in early November.

MarketBeat · Oct 7

Bank of America Just Upgraded DraftKings Stock. Here's Why.

DraftKings stock rallies on a bullish Bank of America research note. Here is why senior analyst Julie Hoover upgraded DKNG shares today.

Barchart · Oct 5

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DraftKings Falls 7.6%: Is Kalshi's NFL Lead Really That Big?

DraftKings stock fell 7.6% after data showed Kalshi's NFL Week One prediction market share, but adjusted figures and Kalshi's growing legal risk suggest the gap is smaller than headlines indicate.

MarketBeat · Sep 24

DraftKings’ Predictions Push Could Be the Bet That Matters Most

DraftKings shares rallied after mixed Q2 2026 results, as an EPS beat and Predictions market expansion offset a revenue miss and shrinking margins.

MarketBeat · Aug 12

DraftKings Misses Revenue as CEO Says Prediction Market Rivals Are 'Spinning Narratives' Ahead of NFL Season

DraftKings (NASDAQ:DKNG) missed second-quarter revenue expectations Thursday, but Wall Street quickly moved past the miss to a bigger question: whether prediction markets are becoming the company’s next major growth engine.

Benzinga · Aug 7

DraftKings Earnings Prediction Market Preview: Traders Bet Robins Won't Say 'Kalshi'

DraftKings Inc. (NASDAQ:DKNG) reports second-quarter earnings after the bell today, with the call scheduled for Friday morning.

Benzinga · Aug 6

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Michael Burry Bullish on Sportbooks, Goes Long DraftKings, Flutter

Michael Burry said on Wednesday that he is leaning into sports betting, adding long positions in DraftKings Inc. (NASDAQ:DKNG) and Flutter Entertainment plc (NYSE:FLUT), while cautioning against fast-growing prediction markets.

Benzinga · Jul 8

DKNG Stock Alert: What to Know as DraftKings Launches Predictions Market

DraftKings stock rallies on the launch of the prediction markets exchange. Here’s what DKeX launch really means for DKNG shares.

Barchart · Jun 26

DraftKings Stock Soars as Predictions Volume Explodes. DKNG’s Next Growth Engine Might Just Be Getting Started.

DraftKings' underlying business continues to show strength. Moreover, the emerging Predictions platform could help accelerate growth.

Barchart · Jun 10

DraftKings (DKNG) Stock Soars on Prediction Markets Optimism

DraftKings shares rally on accelerating momentum in its Prediction Markets business. Morgan Stanley recommends buying DKNG stock at current levels.

Barchart · Jun 10

Wall Street's 6 Top World Cup Stock Picks

The World Cup kicks off this month and could give the global economy a $40 billion jolt. These are some of the stocks analysts think could benefit.

Kiplinger · May 27

DraftKings Eyes Prediction Markets as ‘Next Evolution’ as Sportsbook Growth Holds Strong

DraftKings (NASDAQ:DKNG) is positioning prediction markets as a major growth opportunity while maintaining that its core online sports betting and iGaming businesses remain strong, according to comments made during a fireside discussion hosted by MoffettNathanson analyst Robert Fishman. The DraftKi

MarketBeat · May 16

This Analyst Just Cut Their Rating on DraftKings Stock. Here's Why.

MoffettNathanson downgraded DraftKings shares to neutral. Here’s what made analysts turn dovish on DKNG stock.

Barchart · Apr 27

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Barchart · Mar 23

DraftKings Stock Is Challenging Its 20-Day Moving Average as Lawmakers Push to Limit Prediction Markets. Should You Chase the Rally Here?

DraftKings shares gain as U.S. lawmakers introduce a bipartisan bill to ban sports betting on prediction markets. Here’s why that warrants buying DKNG stock.

Barchart · Mar 10

Cathie Wood Bets $19 Million on 5 Beaten-Down Stocks

Cathie Woods’s ARK Invest deploys $19 million across five growth stocks in this uncertain market.

Barchart · Mar 3

DraftKings Insiders Are Buying Stock. Should You Buy the Dip in DKNG Too?

A director recently bought 100,000 shares of DraftKings stock.

Barchart · Feb 17

DraftKings Stock Is Oversold on Earnings Plunge. Should You Buy the Dip?

DraftKings shares crumbled as the company posted a record Q4 but issued tepid guidance for the full year. But Jefferies sees the post-earnings pullback as an opportunity to load up on DKNG stock.

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Barchart · Feb 10

The Super Bowl Is Over, And Cathie Woods Is Ditching This Key Sports Betting Stock

Cathie Wood is dumping DKNG stock. Which online betting stock should investors pounce on?

MarketBeat · Dec 30, 2025

DraftKings Launches Prediction Markets: Analysts Eye 30% Upside

DraftKings just officially threw its hat in the prediction markets arena. Despite competition, the benefits could be big for the stock in 2026.

Barchart · Dec 24, 2025

Cathie Wood Is Selling DraftKings Stock. Should You?

Cathie Wood trimmed DraftKings, but the move looks more like portfolio rebalancing than a verdict on the company’s long-term growth.

Barchart · Dec 22, 2025

DraftKings Just Launched Its Prediction Market App. Should You Make a Bet on DKNG Stock Here?

With experts anticipating prediction markets to take off, DraftKings just launched its app in 38 states.

Barchart · Dec 9, 2025

Mizuho Is Pounding the Table on DraftKings Stock Here. Should You Buy DKNG?

DraftKings remains a volatile but high‑conviction Mizuho Top Pick, with management guiding to mid‑20s revenue growth, a sharp swing to positive EPS in 2025, and Street targets implying roughly 27% upside as it expands into prediction markets, new states, and deeper media integrations.

Benzinga · Nov 25, 2025

DraftKings, Flutter Sell-Off 'Overdone': Analyst Says Prediction Markets Provide $5 Billion Opportunity

The rise of prediction markets has sent DraftKings Inc (NASDAQ:DKNG) and Flutter Entertainment PLC (NYSE:FLUT) shares lower. While some investors and analysts see prediction markets as a major competitor, an analyst said the selloff is overdone and both companies have a $5 billion opportunity of their own in the market.

Fortune · Nov 20, 2025

5 stocks to buy—and 5 to avoid—if 2026 brings a downturn

Plus the outlook for Bitcoin, gold, and the IPO market in the year ahead.

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