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The Latest Breaking News from DraftKings

DraftKings Inc (NASDAQ: DKNG) is trading lower Tuesday after Wells Fargo analyst Daniel Politzer downgraded the stock from an Overweight rating to an Equal-Weight rating and lowered the price target from $41 to $19.

Benzinga

Expert Ratings For DraftKings

DraftKings (NASDAQ:DKNG) has observed the following analyst ratings within the last quarter:

Benzinga

10 Biggest Price Target Changes For Tuesday

Wells Fargo lowered DraftKings Inc. (NASDAQ: DKNG) price target from $41 to $19. DraftKings shares dropped 5.8% to $16.28 in pre-market trading.

Benzinga

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What's Going On As DraftKings Stock Tanks Friday?

Draftkings Inc. (NASDAQ: DKNG) shares are trading down Friday after the company reported the fourth-quarter fiscal year 2021 sales growth of 47% year-on-year to $473.3 million, beating the analyst consensus of $445.18 million.

Benzinga

'We'll Play The Long Game': DraftKings CEO Remains Confident In Strategy Despite Stock Plunge

DraftKings Inc (NASDAQ: DKNG) shares are down 20% Friday despite announcing strong revenue numbers and raising 2022 guidance. So why is the stock falling?

Benzinga

Mike Golic Sr., Jessica Smetana to Cohost Weekly Podcast

Golic formerly worked at ESPN, while Smetana is known for ‘The Dan Le Batard Show.’

Sports Illustrated

Why DraftKings Shares Are Plummeting Today Premarket

DraftKings Inc (NASDAQ: DKNG) reported

Benzinga

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DraftKings: Q4 Earnings Insights

DraftKings (NASDAQ:DKNG) reported its Q4 earnings results on Friday, February 18, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

Benzinga

Earnings Scheduled For February 18, 2022

Companies Reporting Before The Bell • DraftKings (NASDAQ:DKNG) is likely to report quarterly loss at $0.79 per share on revenue of $445.18 million.

Benzinga

DraftKings's Earnings: A Preview

DraftKings (NASDAQ:DKNG) is set to give its latest quarterly earnings report on Friday, 2022-02-18. Here's what investors need to know before the announcement. Analysts estimate that DraftKings will report an earnings per share (EPS) of $-0.79.

Benzinga

Apple App Store Analysis: FanDuel, DraftKings Surge Into The Top 25 Amid Super Bowl LVI

Although cryptocurrency commercials dominated 2022 Super Bowl advertising efforts Sunday, sports betting legalization and increasing competition in the space fueled an intense customer acquisition battle leading up to the big game.

Benzinga

DraftKings Whale Trades For February 15

A whale with a lot of money to spend has taken a noticeably bearish stance on DraftKings. Looking at options history for DraftKings (NASDAQ:DKNG) we detected 19 strange trades.

Benzinga

Super Bowl LVI Betting Preview: Best Boosted Odds, TD Scorers, Super Bowl MVP And More

Super Bowl LVI kicks off at 6:30 p.m. EST and brings with it one of the most bet upon sporting events in the world. Here’s a look at how the sports betting market is shaping up for the game and some key bets to consider.

Benzinga

Fantasy Football DFS Daily Domination: 2021-22 Super Bowl Showdown

Breaking down the top players and sleepers for DraftKings and FanDuel for Super Bowl DFS fantasy football

USA Today Sports Media Group

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Benzinga

DraftKings Whale Trades Spotted

Someone with a lot of money to spend has taken a bullish stance on DraftKings (NASDAQ:DKNG). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Businessweek

100 Million Americans Can Legally Bet on the Super Bowl. Sports Will Never Be the Same

The first Super Bowl of the online betting era is upon us, and it’s going to be wild.

Benzinga

VSiN Offers Free Access To Sports Betting Coverage For 'Big Game'

DraftKings Inc's (NASDAQ:DKNG) sports betting network VSiN offers free access to sports betting coverage for the 56th edition of the NFL's Big Game. VSiN, acquired by DraftKings in March 2021, delivers the news, analysis, and insights sports bettors need to make informed wagering decisions. VSiN will present all video, audio, and digital content…

StockNews.com

Better Buy for 2022: DraftKings vs. Penn National Gaming

Investors looking to gain exposure to the gaming sector can look to buy shares of DraftKings (DKNG) and Penn National Gaming (PENN). While Penn is an established casino operator, DraftKings is a high-growth company that’s rapidly gaining traction across gaming verticals.

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USA Today Sports Media Group

Fantasy Football DFS Daily Domination: 2021-22 Conference Championships

Breaking down the top players and sleepers for DraftKings and FanDuel for Conference Championship Week DFS fantasy football

Benzinga

DraftKings To Launch Mobile Sportsbook In Louisiana

DraftKings Inc (NASDAQ:DKNG) plans to expand its relationship with Golden Nugget Casino Lake Charles by launching mobile sports betting for eligible customers in the state's permitted parishes starting on Friday, January 28. Louisiana becomes the seventeenth state to offer DraftKings' online sportsbook, and the company is now live in 18 states. "Although Louisiana…

Benzinga

Check Out What Whales Are Doing With DKNG

Benzinga

Is DraftKings Stock Making A Comeback?

DraftKings Inc. (NASDAQ: DKNG) shares were trading higher Wednesday, after receiving positive analyst coverage from Morgan Stanley. Morgan Stanley analyst Thomas Allen upgraded DraftKings from Equal-Weight to Overweight and announced a $31 price target.

Benzinga

Why DraftKings Shares Are Ripping Higher Today

DraftKings Inc (NASDAQ: DKNG) is trading higher Wednesday following positive analyst coverage from Morgan Stanley. Morgan Stanley analyst Thomas Allen upgraded DraftKings from an Equal-Weight rating to an Overweight rating and announced a $31 price target.

Benzinga

Morgan Stanley Sees 60% Upside In This Sports Betting Company - Read Why

Morgan Stanley analyst Thomas Allen upgraded DraftKings Inc (NASDAQ:DKNG) to Overweight from Equal Weight with an unchanged price target of $31, implying a 60.46% upside. Allen said that the stock's recent pullback presents an opportunity to invest for the long term. The analyst noted investors "should not ignore" that DraftKings is a leading player in…

Benzinga

MGM Gaining Ground On DraftKings, FanDuel In Online Sports Betting; Sector Reports Weak December Numbers

Online gaming stocks have taken a big hit in recent months, and Bank of America analyst Shaun Kelley said Monday that the U.S. online sports betting market had a surprisingly weak month in December.

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