DraftKings, Inc.

Is DraftKings, Inc. technically bullish or bearish?

As of October 31, 2025, DraftKings, Inc. has a bearish technical outlook, with negative performance compared to the S&P 500, showing a year-to-date return of -23.09% versus the S&P's 16.30%.

As of 31 October 2025, the technical trend for DraftKings, Inc. has changed from mildly bearish to bearish. The weekly MACD is bearish, and the daily moving averages also indicate a bearish stance. Bollinger Bands confirm a bearish outlook on both weekly and monthly time frames. The KST is bearish on a weekly basis and mildly bearish monthly, while the Dow Theory shows no trend in either time frame. <BR><BR>In terms of performance, DraftKings has underperformed the S&P 500 across multiple periods, with a year-to-date return of -23.09% compared to the S&P 500's 16.30%, and a one-year return of -19.84% versus the S&P 500's 19.89%. Overall, the current technical stance is bearish, reflecting a weak market position.

Is DraftKings, Inc. overvalued or undervalued?

As of March 12, 2020, DraftKings, Inc. is considered a risky investment due to its negative earnings, high valuation ratios, and underperformance compared to the S&P 500, indicating it may be overvalued relative to its peers.

As of 12 March 2020, the valuation grade for DraftKings, Inc. moved from does not qualify to risky, indicating a significant shift in perceived risk. The company appears to be overvalued, particularly given its negative earnings and high valuation ratios. The Price to Book Value stands at 37.12, while the EV to Sales ratio is 6.62, both suggesting that the stock is priced excessively relative to its assets and sales. Additionally, the EV to EBITDA ratio is an alarming -178.11, reflecting the company's ongoing losses.<BR><BR>In comparison to peers, DraftKings' P/E ratio is notably negative at -161.49, while Live Nation Entertainment, Inc. has a fair valuation with a P/E of 34.31, highlighting the disparity in financial health among these companies. Liberty Media Corp. is categorized as very expensive with a P/E of 91.78, further emphasizing the high valuation concerns surrounding DraftKings. Over the past year, DraftKings has returned 13.74%, which is underperforming the S&P 500's 17.14%, reinforcing the notion that the stock may not be a sound investment at its current price.

How big is DraftKings, Inc.?

As of Jun 18, DraftKings, Inc. has a market capitalization of $34.5 billion, with net sales of $5 billion and a net profit of -$398.6 million over the last four quarters. The company has shareholder's funds of $1 billion and total assets of $4.3 billion.

As of Jun 18, DraftKings, Inc. has a market capitalization of 34,496.71 million, categorizing it as a Large Cap company.<BR><BR>As of Jun 18, the company reported net sales of 5,001.51 million for the latest four quarters, while the net profit for the same period was -398.58 million.<BR><BR>As of Dec 24, the reporting period shows that DraftKings, Inc. has shareholder's funds amounting to 1,010.63 million and total assets of 4,283.73 million.

What does DraftKings, Inc. do?

DraftKings, Inc. is a digital sports entertainment and gaming company with a market cap of approximately $34.5 billion. As of March 2025, it reported net sales of $1.4 billion and a net loss of $34 million.

Overview:<BR>DraftKings, Inc. is a digital sports entertainment and gaming company operating in the Media & Entertainment industry, with a market capitalization in the large-cap bracket.<BR><BR>Financial Snapshot:<BR>- Net Sales: 1,409 Million (Quarterly Results - Mar 2025)<BR>- Net Profit: -34 Million (Quarterly Results - Mar 2025)<BR>- Market cap: USD 34,496.71 Million (Large Cap)<BR><BR>Key Metrics:<BR>- Debt Equity: 0.82<BR>- Return on Equity: -42.56%<BR>- Price to Book: 39.52<BR><BR>Contact Details:<BR>- Address: 222 Berkeley Street, 5Th Floor, BOSTON MA : 02116<BR>- Tel: 1 617 9866744

Should I buy, sell or hold DraftKings, Inc.?