About DraftKings Inc. - Class A Common Stock (DKNG)
DraftKings Inc. is a leader in the digital sports entertainment and gaming industry, providing a platform for users to engage in fantasy sports and sports betting. The company offers a variety of products, allowing sports fans to participate in daily and season-long fantasy competitions, as well as wagering on live sporting events across various platforms. Through its innovative technology and user-friendly interface, DraftKings aims to enhance the sports viewing experience, offering a range of options for entertainment, engagement, and wagering in a regulated environment. The company continues to expand its offerings and market presence as the gaming landscape evolves. Read More
The high-stakes world of online gaming met a harsh reality check on Friday as shares of DraftKings Inc. (Nasdaq: DKNG) plummeted 13.4%, wiping out billions in market capitalization in a single trading session. The sell-off came despite the Boston-based operator reporting its first-ever year of positive net income in
BOSTON — In a move that left Wall Street scratching its head, DraftKings (NASDAQ: DKNG) reported a blowout fourth-quarter performance today, February 13, 2026, featuring profits that nearly tripled analyst expectations. However, the celebration was short-lived as a "conservative" and disappointing revenue guidance for the 2026 fiscal year sent shares screaming
Shares of fantasy sports and betting company DraftKings (NASDAQ:DKNG)
fell 12.7% in the morning session after the company issued a disappointing financial outlook for 2026 that fell short of analysts' expectations.
Fantasy sports and betting company DraftKings (NASDAQ:DKNG) met Wall Street’s revenue expectations in Q4 CY2025, with sales up 42.8% year on year to $1.99 billion. On the other hand, the company’s full-year revenue guidance of $6.7 billion at the midpoint came in 8.2% below analysts’ estimates. Its non-GAAP profit of $0.36 per share was 12.5% below analysts’ consensus estimates.
DraftKings said it is expecting fiscal year 2026 revenue to be in the range of $6.5 billion to $6.9 billion, compared to analysts’ estimates of $7.3 billion, as per data from fiscal.ai.
Fantasy sports and betting company DraftKings (NASDAQ:DKNG)
will be reporting earnings this Thursday after market close. Here’s what investors should know.
As the lights dim at Levi’s Stadium for Super Bowl LX, the action on the field is being mirrored by an unprecedented financial frenzy in the digital arena. The "Legacy Rematch" between the Seattle Seahawks and the New England Patriots has officially become the most traded sporting event in the history of prediction markets, with [...]
Wall Street is overwhelmingly bullish on the stocks in this article, with price targets suggesting significant upside potential.
However, it’s worth remembering that analysts rarely issue sell ratings, partly because their firms often seek other business from the same companies they cover.
The intersection of professional sports and prediction markets reached a fever pitch this week as Milwaukee Bucks superstar Giannis Antetokounmpo officially joined Kalshi as a major shareholder. The announcement, made on February 6, 2026, through his family office and investment arm, Ante Inc., has sent shockwaves through both the financial and athletic worlds. With the [...]
While the dust of the 2024 election has long since settled, the gaze of the political and financial worlds has already shifted toward the next horizon. As of February 7, 2026, prediction markets for the 2028 Democratic Nominee have reached an unprecedented level of early activity. On Kalshi, the premier regulated event contract exchange, the [...]
In the world of retail finance, the "meme stock" era has officially been replaced by the "event contract" era. Leading this charge is Robinhood (NASDAQ: HOOD), which has successfully pivoted its massive user base from speculative equity trading toward the rapidly expanding frontier of prediction markets. As of early February 2026, the platform has moved [...]
As of February 6, 2026, the digital landscape has undergone a tectonic shift. Once relegated to the fringes of the internet and dismissed as "speculative casinos," prediction markets have officially entered the mainstream. This transformation is crystallized by the recent, sweeping policy updates from Alphabet (NASDAQ: GOOGL) and Meta (NASDAQ: META), which have moved to [...]
The primary market under the microscope is Kalshi’s "Pro Football Champion" contract, which specifically tracks the winner of Super Bowl LX. Unlike a traditional bet where a bookmaker sets a line and takes a margin (the "vig"), these event contracts allow users to trade shares of an outcome in a peer-to-peer fashion. At the current [...]
