DraftKings Inc (NASDAQ: DKNG) has seen a decline in its stock price by -0.03 in relation to its previous close of 33.62. However, the company has experienced a -3.22% decline in its stock price over the last five trading sessions. seekingalpha.com reported 2025-04-20 that DraftKings generates $4.3B in annual revenue, set to grow alongside the expanding industry. Maintaining the 38% market share over the next five years is key in positioning DKNG for substantial business growth. Robust sales growth, a strong industry outlook, and no foreseeable obstacles to forward earnings gains justify a positive rating for DKNG.
Is It Worth Investing in DraftKings Inc (NASDAQ: DKNG) Right Now?
Additionally, the 36-month beta value for DKNG is 1.83. There are mixed opinions on the stock, with 21 analysts rating it as a “buy,” 7 rating it as “overweight,” 5 rating it as “hold,” and 0 rating it as “sell.”
The public float for DKNG is 480.51M and currently, short sellers hold a 5.52% ratio of that float. The average trading volume of DKNG on April 21, 2025 was 11.33M shares.
DKNG’s Market Performance
The stock of DraftKings Inc (DKNG) has seen a -3.22% decrease in the past week, with a -12.79% drop in the past month, and a -15.30% fall in the past quarter. The volatility ratio for the week is 4.45%, and the volatility levels for the past 30 days are at 6.18% for DKNG. The simple moving average for the last 20 days is -3.76% for DKNG stock, with a simple moving average of -12.87% for the last 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 -14.98% 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 -37.31% of loss for the given period.
Volatility was left at 6.18%, however, over the last 30 days, the volatility rate increased by 4.45%, as shares sank -12.57% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -20.43% lower at present.
During the last 5 trading sessions, DKNG fell by -3.22%, which changed the moving average for the period of 200-days by -9.89% in comparison to the 20-day moving average, which settled at $34.92. In addition, DraftKings Inc saw -9.65% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DKNG starting from Liberman Paul, who sale 643,654 shares at the price of $38.95 back on Mar 25 ’25. After this action, Liberman Paul now owns 0 shares of DraftKings Inc, valued at $25,071,608 using the latest closing price.
Liberman Paul, the Officer of DraftKings Inc, proposed sale 643,654 shares at $40.50 during a trade that took place back on Mar 25 ’25, which means that Liberman Paul is holding shares at $26,067,987 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 3.64. 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
In conclusion, DraftKings Inc (DKNG) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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..
