$ 43.98
Key Takeaways
Risk factor
High price volatility
Profitability factor
Greatly overvalued vs peers
About
DraftKings Inc. operates a digital sports entertainment and gaming company. It offers multi-channel sports betting and gaming technologies, powering sports and gaming entertainment for operators in 17 countries. The company operates iGaming through its DraftKings brand in 5 states, as well as operates Golden Nugget Online Gaming, an iGaming product and gaming brand in 3...
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. In particular, the stock is overpriced on P/E, overvalued on P/FC.
Target Price
The average target price of DKNG is 56 and suggests 26% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increase
