DraftKings: A Long-Term Bet On Online Gambling Growth [Seeking Alpha]
DraftKings Inc. - Class A (DKNG)
Company Research
Source: Seeking Alpha
DraftKings is gaining market share, which could be attributed to its presence in more markets than its competitors. DraftKings could generate $5.5 billion in adjusted EBITDA in 2030 due to the expected growth in the sports betting industry as well as its acquisition of Jackpocket. My price target for DraftKings is $103 per share, representing 153% upside from current levels. DraftKings Inc. ( NASDAQ: DKNG ) has been trending upwards since late 2022 as its stock is up 90% over the past year and 15% on a YTD basis. With that in mind, I believe DraftKings has more upside to realize in the coming Recommended For You Recommended For You About DKNG Stock More on DKNG Related Stocks Trending Analysis Trending News
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DKNG
News
- NBA, sportsbooks discussing changes to prop bets after Jontay Porter's ban: report [FOX News]FOX News
- 9 places to retire where you can go back to college practically free [Yahoo! Finance]Yahoo! Finance
- DraftKings CEO expands upon customer retention, revenue growth [Yahoo! Finance Canada]Yahoo! Finance Canada
- DraftKings CEO expands upon customer retention, revenue growth [Yahoo! Finance]Yahoo! Finance
- DraftKings Inc. (NASDAQ: DKNG) had its price target raised by analysts at Benchmark Co. from $50.00 to $52.00. They now have a "buy" rating on the stock.MarketBeat
DKNG
Earnings
- 5/2/24 - Beat
DKNG
Sec Filings
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- 5/3/24 - Form 3
- DKNG's page on the SEC website