The stock has a 36-month beta value of 2.09. Opinions on the stock are mixed, with 22 analysts rating it as a “buy,” 9 as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for DKNG is 470.26M, and at present, short sellers hold a 5.06% of that float. On March 24, 2025, the average trading volume of DKNG was 10.11M shares.
DKNG) stock’s latest price update
The stock of DraftKings Inc (NASDAQ: DKNG) has increased by 3.32 when compared to last closing price of 39.49. Despite this, the company has experienced a 5.34% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2025-03-24 that DraftKings’ reiterated FY2025 guidance, expanding gaming share, and cheap valuations underscore an excellent Buy rating, significantly aided by the recent correction. Recent earnings highlight excellent user acquisition trends and improved operational scale, leading to its impressive FY2024 revenues, adj EBITDA, and richer Free Cash Flow performance. DKNG’s acquisitions and advanced analytical tools also enhance its vertically integrated gaming offerings, supporting its profitable growth trend despite macroeconomic uncertainties.
DKNG’s Market Performance
DKNG’s stock has risen by 5.34% in the past week, with a monthly drop of -10.47% and a quarterly rise of 5.29%. The volatility ratio for the week is 5.12% while the volatility levels for the last 30 days are 5.93% for DraftKings Inc The simple moving average for the past 20 days is 1.93% for DKNG’s stock, with a 4.62% simple moving average for the past 200 days.
Analysts’ Opinion of DKNG
Many brokerage firms have already submitted their reports for DKNG stocks, with Susquehanna repeating the rating for DKNG by listing it as a “Positive.” The predicted price for DKNG in the upcoming period, according to Susquehanna is $54 based on the research report published on January 08, 2025 of the current year 2025.
Mizuho, on the other hand, stated in their research note that they expect to see DKNG reach a price target of $62, previously predicting the price at $54. The rating they have provided for DKNG stocks is “Outperform” according to the report published on October 18th, 2024.
Susquehanna gave a rating of “Positive” to DKNG, setting the target price at $50 in the report published on October 07th of the previous year.
DKNG Trading at -2.67% from the 50-Day Moving Average
After a stumble in the market that brought DKNG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -23.89% of loss for the given period.
Volatility was left at 5.93%, however, over the last 30 days, the volatility rate increased by 5.12%, as shares sank -8.58% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.53% upper at present.
During the last 5 trading sessions, DKNG rose by +4.49%, which changed the moving average for the period of 200-days by +13.94% in comparison to the 20-day moving average, which settled at $40.01. In addition, DraftKings Inc saw 9.68% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DKNG starting from Dodge R Stanton, who sale 52,777 shares at the price of $39.00 back on Mar 17 ’25. After this action, Dodge R Stanton now owns 653,843 shares of DraftKings Inc, valued at $2,058,303 using the latest closing price.
Dodge R Stanton, the Chief Legal Officer of DraftKings Inc, sale 52,777 shares at $37.62 during a trade that took place back on Mar 14 ’25, which means that Dodge R Stanton is holding 706,620 shares at $1,985,509 based on the most recent closing price.
Stock Fundamentals for DKNG
Current profitability levels for the company are sitting at:
- -0.13 for the present operating margin
- 0.38 for the gross margin
The net margin for DraftKings Inc stands at -0.11. The total capital return value is set at -0.23. Equity return is now at value -54.81, with -12.33 for asset returns.
Based on DraftKings Inc (DKNG), the company’s capital structure generated 0.57 points at debt to capital in total, while cash flow to debt ratio is standing at 0.31. The debt to equity ratio resting at 1.32. The interest coverage ratio of the stock is -205.81.
Currently, EBITDA for the company is -311.76 million with net debt to EBITDA at -1.52. When we switch over and look at the enterprise to sales, we see a ratio of 4.32. The receivables turnover for the company is 82.43for trailing twelve months and the total asset turnover is 1.11. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.93.
Conclusion
To sum up, DraftKings Inc (DKNG) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
