Stick With DraftKings Inc (DKNG). The Bull Are Alive And Well

Currently, there are 496.34M common shares owned by the public and among those 477.81M shares have been available to trade.

The company’s stock has a 5-day price change of -1.92% and 26.44% over the past three months. DKNG shares are trading 13.15% year to date (YTD), with the 12-month market performance up to 12.88% higher. It has a 12-month low price of $28.69 and touched a high of $53.61 over the same period. DKNG has an average intraday trading volume of 10.81 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 7.95%, 14.79%, and 7.94% respectively.

Institutional ownership of DraftKings Inc (NASDAQ: DKNG) shares accounts for 83.06% of the company’s 496.34M shares outstanding.

It has a market capitalization of $37.34B and a beta (3y monthly) value of 1.67. The earnings-per-share (ttm) stands at -$0.82. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.39% over the week and 3.36% over the month.

Analysts forecast that DraftKings Inc (DKNG) will achieve an EPS of 0.36 for the current quarter, 0.05 for the next quarter and 2.17 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.23 while analysts give the company a high EPS estimate of 0.23. Comparatively, EPS for the current quarter was 0.22 a year ago. Earnings per share for the fiscal year are expected to increase by 131.36%, and 332.50% over the next financial year.

Looking at the support for the DKNG, a number of firms have released research notes about the stock. Citigroup stated their Buy rating for the stock in a research note on July 01, 2025, with the firm’s price target at $55-$58. JP Morgan coverage for the DraftKings Inc (DKNG) stock in a research note released on June 23, 2025 offered a Overweight rating with a price target of $50. Bernstein was of a view on June 04, 2025 that the stock is Outperform, while BTIG Research gave the stock Buy rating on April 22, 2025, issuing a price target of $64- $52. Susquehanna on their part issued Positive rating on January 08, 2025.

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