DRAFTKINGS INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 35.4 BRL | +0.34% |
|
-5.90% | +21.52% |
| Jun. 28 | DraftKings Insider Sold Shares Worth $25,972,124, According to a Recent SEC Filing | MT |
| Jun. 26 | MoffettNathanson Trims Price Target on DraftKings to $55 From $56, Maintains Buy Rating | MT |
Valuation
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 18,238 | 11,165 | 5,112 | 16,435 | 18,498 | - | - |
| Enterprise Value (EV) 1 | 16,421 | 10,261 | 5,054 | 16,407 | 18,118 | 17,461 | 16,585 |
| P/E ratio | -16.9 x | -7.27 x | -3.6 x | -20.4 x | -206 x | 45.5 x | 20.5 x |
| Yield | - | - | - | - | - | - | - |
| Capitalization / Revenue | 29.7 x | 8.62 x | 2.28 x | 4.48 x | 3.74 x | 3.11 x | 2.63 x |
| EV / Revenue | 26.7 x | 7.92 x | 2.26 x | 4.48 x | 3.66 x | 2.93 x | 2.35 x |
| EV / EBITDA | -41.5 x | -15.2 x | -7 x | -109 x | 36.3 x | 17.3 x | 11 x |
| EV / FCF | -47 x | -23.6 x | -7.68 x | -724 x | 44.7 x | 19.4 x | 12.8 x |
| FCF Yield | -2.13% | -4.24% | -13% | -0.14% | 2.24% | 5.17% | 7.81% |
| Price to Book | 6.84 x | 6.67 x | 3.88 x | 19.8 x | 14.9 x | 10.7 x | 7.04 x |
| Nbr of stocks (in thousands) | 391,714 | 406,453 | 448,848 | 466,242 | 484,622 | - | - |
| Reference price 2 | 46.56 | 27.47 | 11.39 | 35.25 | 38.17 | 38.17 | 38.17 |
| Announcement Date | 2/26/21 | 2/18/22 | 2/16/23 | 2/15/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 614.5 | 1,296 | 2,240 | 3,665 | 4,945 | 5,957 | 7,045 |
| EBITDA 1 | -395.9 | -676.1 | -721.8 | -151 | 498.9 | 1,011 | 1,509 |
| EBIT 1 | -850 | -1,562 | -1,512 | -789.2 | -61.83 | 461.7 | 961.1 |
| Operating Margin | -138.32% | -120.49% | -67.48% | -21.53% | -1.25% | 7.75% | 13.64% |
| Earnings before Tax (EBT) 1 | -844.3 | -1,518 | -1,443 | -791.3 | -83.77 | 465.9 | 981.7 |
| Net income 1 | -844.3 | -1,523 | -1,378 | -802.1 | -96.7 | 423.2 | 934.6 |
| Net margin | -137.38% | -117.53% | -61.5% | -21.88% | -1.96% | 7.1% | 13.27% |
| EPS 2 | -2.760 | -3.780 | -3.160 | -1.730 | -0.1850 | 0.8385 | 1.865 |
| Free Cash Flow 1 | -349.6 | -435.4 | -657.9 | -22.65 | 405.4 | 902.3 | 1,296 |
| FCF margin | -56.89% | -33.6% | -29.37% | -0.62% | 8.2% | 15.15% | 18.4% |
| FCF Conversion (EBITDA) | - | - | - | - | 81.26% | 89.27% | 85.87% |
| FCF Conversion (Net income) | - | - | - | - | - | 213.24% | 138.67% |
| Dividend per Share 2 | - | - | - | - | - | - | - |
| Announcement Date | 2/26/21 | 2/18/22 | 2/16/23 | 2/15/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 473 | 417 | 466 | 501.9 | 855.1 | 769.7 | 874.9 | 790 | 1,231 | 1,175 | 1,104 | 1,040 | 1,618 | 1,416 | 1,317 |
| EBITDA 1 | -128 | -289.5 | -118.1 | -264.2 | -49.93 | -221.6 | 72.97 | -153.4 | 151 | 22.39 | 141.4 | -7.175 | 341.5 | 116.4 | 251.7 |
| EBIT 1 | -368.8 | -515.6 | -308.9 | -455 | -232.2 | -389.8 | -69.04 | -286.6 | -43.81 | -138.8 | 2.658 | -138.8 | 188.2 | -28.15 | 97.15 |
| Operating Margin | -77.96% | -123.64% | -66.29% | -90.65% | -27.16% | -50.64% | -7.89% | -36.28% | -3.56% | -11.82% | 0.24% | -13.34% | 11.64% | -1.99% | 7.38% |
| Earnings before Tax (EBT) 1 | -322.9 | -464.9 | -298.3 | -447.3 | -232.6 | -395.7 | -76.3 | -281.8 | -37.49 | -143.2 | 10.21 | -130.4 | 198.1 | -21.37 | 103.3 |
| Net income 1 | -326.3 | -467.7 | -217.1 | -450.5 | -242.7 | -397.1 | -77.27 | -283.1 | -44.62 | -142.6 | 2.886 | -131.1 | 179.2 | -23.41 | 106.4 |
| Net margin | -68.98% | -112.16% | -46.59% | -89.75% | -28.38% | -51.6% | -8.83% | -35.84% | -3.63% | -12.13% | 0.26% | -12.6% | 11.08% | -1.65% | 8.08% |
| EPS 2 | -0.8000 | -1.140 | -0.5000 | -1.000 | -0.5300 | -0.8700 | -0.1700 | -0.6100 | -0.1000 | -0.3000 | 0.007020 | -0.2687 | 0.3637 | -0.0483 | 0.2117 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/18/22 | 5/6/22 | 8/5/22 | 11/4/22 | 2/16/23 | 5/4/23 | 8/3/23 | 11/2/23 | 2/15/24 | 5/2/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - |
| Net Cash position 1 | 1,817 | 904 | 58.1 | 28.4 | 380 | 1,037 | 1,913 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - |
| Free Cash Flow 1 | -350 | -435 | -658 | -22.7 | 405 | 902 | 1,296 |
| ROE (net income / shareholders' equity) | -63.8% | -69% | -92.2% | -74.2% | -8.22% | 34.9% | 50% |
| ROA (Net income/ Total Assets) | -44.8% | -39.6% | -34.1% | -4.75% | -3.24% | 17.2% | 22.5% |
| Assets 1 | 1,885 | 3,846 | 4,040 | 16,882 | 2,981 | 2,463 | 4,161 |
| Book Value Per Share 2 | 6.800 | 4.120 | 2.940 | 1.780 | 2.560 | 3.550 | 5.420 |
| Cash Flow per Share 2 | -1.110 | -1.040 | -1.430 | -0 | 0.8700 | 1.690 | 2.540 |
| Capex 1 | 11.8 | 15.9 | 32.4 | 20.9 | 32.8 | 36.8 | 40.2 |
| Capex / Sales | 1.91% | 1.23% | 1.45% | 0.57% | 0.66% | 0.62% | 0.57% |
| Announcement Date | 2/26/21 | 2/18/22 | 2/16/23 | 2/15/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
BUY
Number of Analysts
36
Last Close Price
38.17
USD
Average target price
52.05
USD
Spread / Average Target
+36.36%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +1.88% | 32.39B | |
| -8.17% | 21.51B | |
| +21.90% | 20.95B | |
| -16.80% | 20.37B | |
| -28.75% | 16.87B | |
| +3.46% | 10.26B | |
| -15.23% | 8.6B | |
| +4.75% | 7.53B | |
| -3.17% | 6.3B |
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