DraftKings Stock News

DraftKings (DKNG -4.64%) is growing its active user base as it expands to new markets.

The first few months of 2025 have been a rocky ride for investors. Stock prices have become increasingly volatile in recent months amid growing economic uncertainty.

DraftKings is seeing excellent and accelerating growth momentum. The momentum will likely continue in 2025 as the company's customer base swells. DraftKings bottom-line is also seeing a significant rise as the growth comes while the costs are controlled.

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 ...

Sports betting stocks are in the spotlight as March Madness drives a surge in wagering activity, with DraftKings Inc (NASDAQ:DKNG), Robinhood Markets Inc (NASDAQ:HOOD), and Flutter Entertainment PLC (NYSE:FLUT) all making notable moves.

DraftKings previously checked every red flag on my list, but with the stock down 30% and 2025 prospects, it's time to change the tone. Despite unprofitable quarters and high expenses, DraftKings' unique customers grew 42% Y/Y, and 2025 could see profitability with close to half a billion dollars in free cash flow. At $38/share, DraftKings' valuation is starting to make sense, with a 41x EV/FCF ...

BOSTON, March 05, 2025 (GLOBE NEWSWIRE) -- This Problem Gambling Awareness Month (PGAM), DraftKings Inc. (Nasdaq: DKNG) is reinforcing its commitment to Responsible Gaming through a series of initiatives and key milestones. The company is renewing its State Council Funding Program to further support nationwide resources, marking the one-year anniversary of its industry-first My Stat Sheet tool,...

DraftKings Inc. (NASDAQ:DKNG ) Morgan Stanley Technology, Media & Telecom Conference Call March 4, 2025 3:20 PM ET Company Participants Jason Robins - Co-Founder and Chief Executive Officer Conference Call Participants Stephen Grambling - Morgan Stanley Stephen Grambling I'm Stephen Grambling, the gaming, lodging and leisure analyst at Morgan Stanley. And my – our next presenter really needs no...