DraftKings Inc. Class A Common Stock DKNG

Zacks Investment Research 12 nov

DraftKings is investing heavily in its Predictions business in 2026 with negative adjusted EBITDA of $650M-$700M, projecting $650M-$750M in revenues for 2027. The company expects its 2026 customer cohort to generate $350M in gross profit in 2027 and narrow Predictions EBITDA losses to $250M-$350M. However, DKNG stock has underperformed peers, declining 22.8% in three months, and the company lowered full-year 2026 adjusted EBITDA guidance significantly due to increased Predictions spending and regulatory uncertainties.

Zacks Investment Research 10 nov

DraftKings (DKNG) has been a trending stock, with shares down 4.9% over the past month. While the company shows strong earnings growth expectations (+80.6% for current quarter, +114.1% for next fiscal year) and solid revenue growth projections (+10.1% to +12.5%), it carries a Zacks Rank #3 (Hold) rating. The stock trades at a premium valuation (Grade D) and has underperformed consensus estimates recently, suggesting it may perform in line with the broader market in the near term.

Zacks Investment Research 9 nov

DraftKings reported Q3 2026 results with 16% revenue growth to $1.33B but missed estimates and posted wider losses of 53 cents per share. The company cut 2026 EBITDA guidance due to $650-700M investment in its Predictions market platform, while projecting stronger 2027 performance with core adjusted EBITDA of $1.15-1.25B. Sportsbook revenues surged 36% year-over-year, though regulatory uncertainty around sports contracts remains a key risk.

The Motley Fool 7 nov

DraftKings increased its 2026 adjusted EBITDA investment in prediction markets to $650-700 million to capitalize on rapid customer growth. The company's predictions business is achieving faster-than-expected customer payback periods (20 months vs. 2-year target), while core sportsbook and iGaming operations generate strong cash flow to fund expansion. Management projects fiscal 2027 adjusted EBITDA of $800 million to $1 billion, driven by cross-selling opportunities and accelerating iGaming customer acquisition growth of 76% year-over-year.

Zacks Investment Research 5 nov

DraftKings reported Q3 2026 revenue of $1.33 billion, up 16.2% year-over-year but missing consensus estimates by 3.8%. The company posted a loss of $0.53 per share, significantly worse than the expected $0.21 loss. Sports revenue grew 31.5% while iGaming revenue increased modestly at 2.1%, but Other revenue declined 12.5%. The stock has gained 20.7% over the past month and carries a Zacks Rank #3 (Hold) rating.