DraftKings Stock News

BOSTON--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced that Jason Robins, the Company's Chief Executive Officer and Co-founder, will participate in a fireside chat at the NEXTPredict 2026 Summit on October 22, 2026, at 2:00 p.m. ET / 11:00 a.m. PT. The session will be livestreamed on the NEXT.io YouTube channel and by Decrypt on X. About DraftKin...

Jefferies has cut its 2026 adjusted earnings forecast for Draftkings Inc (NASDAQ:DKNG), the US sports betting and online gaming company, by 15% as increased spending on prediction markets and slower iGaming growth weigh on near-term profitability. The broker expects DraftKings to incur an additional $100 million in prediction market expenses during the second half of 2026, taking total spending...

Bank of America is telling investors to buy BWX Technologies, DraftKings and Grocery Outlet Holdings before they report third-quarter results, backing each name with a different argument. The companies span nuclear components, sports betting and grocery retail, and share little beyond the timing of their earnings.

Cathie Wood and her ARK Invest firm shifted holdings for SpaceX, DraftKings Robinhood, load up on air taxi, defense names.

Bank of America said it sees an opportunity for investors in DraftKings stock after an extended slump.

Bank of America (BofA) has upgraded Draftkings Inc (NASDAQ:DKNG) to 'buy' from 'neutral' and kept its $27 price target, citing improving prospects for prediction markets and a more attractive risk-reward after the stock's 47% decline over the past year.  BofA said prediction markets could increasingly become a “win-win” for DraftKings, with the company now established as the third-largest playe...

Prediction markets could be a “greater opportunity than threat,” BofA says.

DraftKings stock looks to rebound off 2026 lows as analyst upgrades shares on prediction market growth potential.