DraftKings Inc [NASDAQ: DKNG] price surged by 10161935 percent to reach at $10779958.54.
A sum of 10161935 shares traded at recent session while its average daily volume was at 10.78M shares. DraftKings Inc shares reached a high of $43.225 and dropped to a low of $41.63 until finishing in the latest session at $10780000.0.
The one-year DKNG stock forecast points to a potential downside of -20308867.6. The average equity rating for DKNG stock is currently 1.33, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on DraftKings Inc [DKNG]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DKNG shares is $53.08 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DKNG stock is a recommendation set at 1.33. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
JP Morgan have made an estimate for DraftKings Inc shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on June 23, 2025. While these analysts kept the previous recommendation, Bernstein raised their target price to Outperform. The new note on the price target was released on June 04, 2025, representing the official price target for DraftKings Inc stock. Previously, the target price had yet another drop from $64 to $52, while BTIG Research kept a Buy rating on DKNG stock. On January 08, 2025, analysts decreased their price target for DKNG shares from 56 to 54.
The Price to Book ratio for the last quarter was 24.34, with the Price to Cash per share for the same quarter was set at 1.28. Price to Free Cash Flow for DKNG in the course of the last twelve months was 105.94 with Quick ratio for the last quarter at 1.20.
DKNG Stock Performance Analysis:
DraftKings Inc [DKNG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 13.07. With this latest performance, DKNG shares gained by 22.77% in over the last four-week period, additionally plugging by 10.48% over the last 6 months – not to mention a rise of 15.08% in the past year of trading.
Insight into DraftKings Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and DraftKings Inc [DKNG] shares currently have an operating margin of -9.47% and a Gross Margin at 38.33%. DraftKings Inc’s Net Margin is presently recorded at -7.97%.
Return on Equity for this stock declined to -9.59%, with Return on Assets sitting at -9.59%.
DraftKings Inc [DKNG] Institutonal Ownership Details
There are presently around $84.36%, or 86.48% of DKNG stock, in the hands of institutional investors. The top three institutional holders of DKNG stocks are: VANGUARD GROUP INC with ownership of 40.82 million shares, which is approximately 8.5154%. BLACKROCK INC., holding 30.84 million shares of the stock with an approximate value of $$1.18 billion in DKNG stocks shares; and BLACKROCK INC., currently with $$884.71 million in DKNG stock with ownership which is approximately 4.8358%.
