Risk factor
High price volatility
Profitability factor
Greatly overvalued vs peers
About
DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally. It provides online sports betting and casino, daily fantasy sports, media, and other consumer products, as well as retails sportsbooks. The company also engages in the design and development of sports betting and casino gaming software for online...
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 49 and suggests 66% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increase
Buy
Sell