DraftKings Inc. (DKNG) News
Follow DraftKings Inc. (DKNG) news in one place: company catalysts, earnings, analyst actions and wider market developments. Review 84 public stories across 40 publication days to understand how the story developed. Public news appears after a 15-minute delay; LiveCast subscribers can follow new headlines and hear important updates without this additional delay.
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DraftKings Q3 2026 Earnings Call Begins
DraftKings' quarterly earnings call has begun.
EQUITY | Nov 06, 2026, 01:28 PM UTC
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DraftKings Reports Q3 Revenue Growth and Fiscal 2027 Guidance
DraftKings reported Q3 2026 revenue of $1.3 billion, up 16% year over year. It introduced fiscal 2027 revenue guidance of $7.35 billion to $7.75 billion and Adjusted EBITDA guidance of $800 million to $1 billion, includi
EQUITY | Nov 05, 2026, 11:02 PM UTC
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DraftKings Cuts Outlook as It Pours More Money Into Prediction Markets
By Katherine HamiltonDraftKings cut its outlook to reflect the climbing costs of growing its prediction markets business.The sports-betting company said it now expects full-year 2026 revenue to be $6.35 billion to $6.55
EARNINGS | Nov 05, 2026, 10:49 PM UTC
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DraftKings Reports Q3 Net Loss
DraftKings said its third-quarter loss widened compared with a year earlier.
EQUITY | Nov 05, 2026, 10:16 PM UTC
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DraftKings Expects $250M-$350M Fiscal 2027 Adjusted EBITDA Investment in Predictions
EARNINGS | Nov 05, 2026, 09:28 PM UTC
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DraftKings Expects Fiscal Yr 2027 Predictions Rev of $650 M to $750 M >DKNG
DraftKings Expects Fiscal Yr 2027 Predictions Rev of $650 M to $750 M >DKNG
EQUITY | Nov 05, 2026, 09:28 PM UTC
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DraftKings 3Q Loss/Shr 94c >DKNG
DraftKings 3Q Loss/Shr 94c >DKNG
EQUITY | Nov 05, 2026, 09:25 PM UTC
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DraftKings 3Q Rev $1.33B >DKNG
DraftKings 3Q Rev $1.33B >DKNG
EQUITY | Nov 05, 2026, 09:25 PM UTC
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DraftKings (DKNG) Sets FY2027 Revenue Guidance at $7.35B-$7.75B
DraftKings reported Q3 2026 revenue of $1,329M, up 16% from $1,144M a year earlier, and introduced FY2027 revenue guidance of $7.35B-$7.75B, up 17% year over year at the midpoint, and Adjusted EBITDA guidance of $800M-$1
EARNINGS | Nov 05, 2026, 09:16 PM UTC
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DraftKings Reports Third-Quarter Revenue Growth of 16%
DraftKings announced its third-quarter 2026 financial results and posted a business update and slide presentation.
EQUITY | Nov 05, 2026, 09:15 PM UTC
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IREN, CIFR and DKNG Hit Fresh 52-Week Lows Friday
IREN and Cipher Mining fell 11% and 10%, respectively, as DraftKings also reached a fresh 52-week low. The report cites concerns about AI infrastructure spending and new sports-betting limits.
EQUITY | Oct 19, 2026, 05:05 AM UTC
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DraftKings Shares Rise on Bank of America Upgrade
DraftKings (DKNG) stock increased 2.8% in morning trading after Bank of America upgraded its rating to Buy from Hold, setting a price target of $27.
EQUITY | Oct 06, 2026, 04:18 PM UTC
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Nasdaq 100 Hits Record, Brazil's EWZ Soars 13%: Stock Market Today
Wall Street posted modest gains at midday Monday, with the Nasdaq 100 hitting a record high on megacap tech strength even as the 10-year Treasury yield rose to 5.3%. President Donald Trump said Friday of the Iran war tha
LIVE | Oct 05, 2026, 04:53 PM UTC
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DraftKings Stock Rises on Bank of America Upgrade
DraftKings shares increased by more than 8% after Bank of America analysts upgraded the stock to Buy from Hold. The analysts noted that prediction markets, once seen as a threat, could now be a "win-win" for the online b
EQUITY | Oct 05, 2026, 04:18 PM UTC
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Nike, DraftKings, Mattel Stocks Tumble To 52-Week Lows Amid Demand, Risk Concerns
Nike Inc. (NKE), DraftKings Inc. (DKNG) and Mattel Inc. (MAT) shares fell to 52-week lows on Wednesday, with investors citing weak demand, regulatory risks and leadership uncertainty as key factors. Nike dropped over 1%,
EQUITY | Oct 01, 2026, 04:17 AM UTC
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DKNG Stock Heads For Worst Month Since January, But Retail Backs DraftKings' DKeX Despite Kalshi’s Lead
DraftKings (DKNG) stock is headed for its worst month since January, down over 19% in September, as Brazil's betting ban and a widening House insider-trading probe weigh on the online betting sector. But the company's ex
EQUITY | Sep 30, 2026, 04:59 AM UTC
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Dow, S&P 500, Nasdaq Futures Mixed As 30-Year Yield Climbs Higher: CAPR, IOVA, DKNG, TTD In Focus
U.S. stock futures were trading mixed in the overnight session late Tuesday as long-dated bond yields eased back marginally after climbing to multi-decade highs during the day.As of 11:09 p.m. EDT, Dow futures were up 0.
EQUITY | Sep 30, 2026, 03:39 AM UTC
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EXCLUSIVE: America's Gambling Problem Is Getting Worse, Prediction Markets Can Be 'Equally Risky,' Researcher Says
America’s online gambling problem is getting worse, and the prediction market boom could expose vulnerable gamblers to many of the same risks as sports betting, University of Washington researcher Uttara Ananthakrishnan
LIVE | Sep 29, 2026, 01:41 PM UTC
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DraftKings Signs Ad Deal With NHL and Prime Video
By Katherine HamiltonDraftKings signed a deal with Amazon Prime Video to become the exclusive sportsbook and online casino sponsor of the National Hockey League on Prime.The deal includes integrations on Wednesday Night
NEWS | Sep 28, 2026, 09:24 PM UTC
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DraftKings Named Exclusive Sportsbook and Online Casino Integration Sponsor of NHL on Prime’s Wednesday Night Hockey for the 2026-27 Season
DraftKings Inc. (NASDAQ:DKNG) today announced an agreement with Prime Video that will make DraftKings the exclusive Sportsbook and Online Casino Integration sponsor of NHL on Prime. This includes integrations on Wednesda
NEWS | Sep 28, 2026, 08:15 PM UTC
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Weekly Recap: 3% prediction-market share for DKNG and 1M+ universal users
DraftKings, Inc. Class A (NASDAQ:DKNG) slid after Week One NFL data showed its DKeX held ~3% of prediction-market volume versus Kalshi’s ~76%, even as the company rolled out universal accounts with 1M+ users, saw rising
CRYPTO | Sep 28, 2026, 11:06 AM UTC
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DraftKings Price Target Cut to $35.00/Share From $37.00 by Citizens
Ratings actions from Benzinga: GMT) DraftKings Is Maintained at Market Outperform by CitizensRatings actions from Benzinga
NEWS | Sep 24, 2026, 01:19 PM UTC
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Goldman rebalances its long duration stock basket
The Goldman Sachs equity team has rebalanced its Long Duration Basket amid rising interest rates.Equities usually struggle to digest sharp increases in interest rates, with long duration growth stocks struggling dispropo
EQUITY | Sep 13, 2026, 02:13 PM UTC
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Robinhood Stock on Edge as Kalshi Moves Deeper Into US Stock Trading
Robinhood Markets (NASDAQ: HOOD ) stock came under intense pressure this week, sliding into a local correction after falling about 10% from its yearly high. The drop followed Kalshi’s announcement that it was entering th
LIVE | Sep 12, 2026, 07:16 PM UTC
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Kalshi and Polymarket Aren't Public. You Still Buy Them Through an ETF. — Barrons.com
By Paul R. La MonicaIf you're itching to get in on the action with Kalshi and Polymarket, you can get a piece of these red-hot-but privately held-prediction markets.A growing crop of exchange-traded funds hold private sh
EQUITY | Sep 11, 2026, 08:25 PM UTC
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Fanatics launches unified sports “Super App” ahead of NFL season kickoff
Fanatics launched a unified mobile app combining its sportsbook, online casino and prediction-market products, timed ahead of the start of the NFL season.
EQUITY | Sep 09, 2026, 12:01 PM UTC
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NFL betting projected near $29.5B for 2026 season
American Gaming Association estimates Americans will legally wager $29.5B on the 2026 NFL season via U.S.-regulated commercial sportsbooks.
EQUITY | Sep 09, 2026, 10:31 AM UTC
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This NFL Season Is 'Do or Die' for Prediction Markets — Barrons.com
As the NFL season opens Wednesday, there's a new game in town. Prediction markets could drive $35 billion in wagers, on par with the traditional sports betting industry.By Nick DevorThe 2026 FIFA World Cup minted million
EQUITY | Sep 09, 2026, 05:00 AM UTC
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DKNG maintained as Market Outperform by Citizens
DraftKings (DKNG) is maintained at Market Outperform by Citizens, per Benzinga ratings actions.
EQUITY | Sep 08, 2026, 01:37 PM UTC
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DraftKings price target raised to $29 by Bernstein
Bernstein raised its DraftKings price target to $29.00 from $27.00.
EQUITY | Sep 03, 2026, 12:12 PM UTC
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New Jersey asks U.S. Supreme Court on sports prediction markets dispute
New Jersey’s attorney general petitioned the U.S. Supreme Court to hear a case that could determine the fate of sports prediction markets after split lower-court decisions.
EQUITY | Sep 02, 2026, 04:58 PM UTC
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DraftKings initiated at Outperform by Wolfe Research
DraftKings was initiated at Outperform by Wolfe Research, per the ratings action cited by Benzinga.
EQUITY | Sep 02, 2026, 12:18 PM UTC
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DraftKings jumps ~10% as Flutter rises ~8% on ruling
DraftKings (DKNG) rose nearly 10% and Flutter Entertainment (FLUT) jumped 8% after a ruling that sports bets aren’t swaps.
EQUITY | Aug 28, 2026, 08:42 PM UTC
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Why Are DraftKings (DKNG) Shares Soaring Today
Why Are DraftKings (DKNG) Shares Soaring Today
EQUITY | Aug 28, 2026, 08:18 PM UTC
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PrizePicks Parent Allwyn Reports Strong Earnings Growth — Barrons.com
PrizePicks Parent Allwyn Reports Strong Earnings Growth — Barrons.com
EARNINGS | Aug 27, 2026, 07:23 PM UTC
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Kalshi Reaches $4B Annualized Revenue
Kalshi achieves $4B in annualized revenue as it seeks $40B valuation
EQUITY | Aug 11, 2026, 09:31 PM UTC
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Citigroup Maintains Buy on DraftKings, Raises Price Target to $32
Citigroup analyst James Hardiman maintains DraftKings (NASDAQ: DKNG ) with a Buy and raises the price target from $30 to $32.
EQUITY | Aug 11, 2026, 07:51 PM UTC
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JS&P 500 Hits Record As Jobs Shock Sinks Rate-Hike Bets: Stock Market Today
The S&P 500 cleared 7,755 and Wall Street is on course for its best week since April. The rally comes on the heels of a contraction in July payrolls. The U.S. economy unexpectedly shed 23,000 jobs in July against forecas
EARNINGS | Aug 07, 2026, 05:27 PM UTC
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DraftKings Posts In Line Q2, Continues Investing In Prediction Markets
DraftKings Inc (NASDAQ: DKNG ) shares rose in early trading on Friday, after the company reported its second-quarter results. While the company reported its quarterly results broadly in line with expectations, its stock
EARNINGS | Aug 07, 2026, 04:25 PM UTC
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DraftKings Shares Gain as CEO Signals Rapid Predictions Growth Ahead of NFL Season
DraftKings Inc. (NASDAQ: DKNG ) shares are edging higher Friday morning as traders digest mixed Q2 results and upbeat commentary around its Predictions product. DraftKings stock is moving in positive territory. What’s pu
EARNINGS | Aug 07, 2026, 02:26 PM UTC
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DraftKings Q2 Highlights: Mixed Earnings, Predictions 'Growing Faster Than We Anticipated'
Sports betting and online gaming company DraftKings Inc (NASDAQ: DKNG ) reported second-quarter financial results Thursday after market close. Here are the key highlights. • DraftKings stock is facing resistance. Why is
EARNINGS | Aug 06, 2026, 08:48 PM UTC
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DraftKings Affirms FY2026 Sales Guidance of $6.500B-$6.900B vs $6.732B Est
DraftKings (NASDAQ: DKNG ) affirms FY2026 sales outlook from $6.500 billion-$6.900 billion to $6.500 billion-$6.900 billion vs $6.732 billion estimate.
EARNINGS | Aug 06, 2026, 08:33 PM UTC
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DKNG Posts $1.44B Q2 Revenue
DKNG Q2 revenue misses estimates
EARNINGS | Aug 06, 2026, 08:21 PM UTC
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DraftKings Q2 Preview: Stock Slammed by Prediction Markets — Can Earnings Offer Relief?
Sports betting and online gaming giant DraftKings Inc (NASDAQ: DKNG ) looks to turn things around when the company reports second-quarter financial results Thursday after market close. Here are the earnings estimates, an
EARNINGS | Aug 05, 2026, 08:46 PM UTC
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DraftKings Stock Slips Ahead of Earnings: What's Driving the Pre-Report Pullback?
DraftKings Inc (NASDAQ: DKNG ) stock is trading lower Wednesday after rival FanDuel parent Flutter Entertainment reported a second-quarter earnings miss and slashed its full-year guidance. The sympathy sell-off comes as
EARNINGS | Aug 05, 2026, 03:56 PM UTC
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Michael Burry Expands Bets Against Nvidia, Micron— and Is Now Buying Lululemon and DraftKings
‘The Big Short’ investor Michael Burry has expanded his bearish bets against chipmaker Nvidia Corp. (NASDAQ: NVDA ) while piling into long stakes in Lululemon Athletica Inc. (NASDAQ: LULU ) and DraftKings Inc. (NASDAQ: D
EARNINGS | Jul 31, 2026, 01:19 PM UTC
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Burry Increases Shorts in MU, NVDA, SOXX
Burry increases shorts in tech stocks
EQUITY | Jul 30, 2026, 08:29 PM UTC
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California Tribes Push Sports Betting
California tribes push online sports betting measure
EQUITY | Jul 30, 2026, 06:50 PM UTC
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CME Launches Sports Derivatives
CME partners with FutureSports to launch sports derivatives
EQUITY | Jul 29, 2026, 01:16 PM UTC
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LeBron James signs with the Sixers, sparking fresh interest in gaming and betting stocks
LeBron James signs with the Sixers, sparking fresh interest in gaming and betting stocks
EQUITY | Jul 24, 2026, 04:29 PM UTC
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DKNG FLUT PENN RSI SRAD Prediction market volume to hit $1.5 trillion by 2030, says Macquarie. Their note is really focused on U.S.-based Ka
DKNG FLUT PENN RSI SRAD Prediction market volume to hit $1.5 trillion by 2030, says Macquarie. Their note is really focused on U.S.-based Kalshi, one of the biggest prediction markets, and they say the majority of its cu
EQUITY | Jul 24, 2026, 11:19 AM UTC
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DKNG FLUT PENN RSI SRAD Prediction market startup Kalshi scored well during the 2026 FIFA World Cup, netting roughly double its projected us
DKNG FLUT PENN RSI SRAD Prediction market startup Kalshi scored well during the 2026 FIFA World Cup, netting roughly double its projected user traffic and trading volume. Kalshi recorded $27B in trading volume and saw ab
EQUITY | Jul 23, 2026, 07:13 PM UTC
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DKNG FLUT SRAD MGM recent unfavorable operator outcomes – expect margins to stabilize in the weeks ahead @ Citizens
DKNG FLUT SRAD MGM recent unfavorable operator outcomes – expect margins to stabilize in the weeks ahead @ Citizens
EQUITY | Jul 22, 2026, 12:12 PM UTC
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DKNG FLUT SRDA Forecasting Q2 adj EBITDA misses for them and see inline adj EBITDA for GENI, CDRO, & GAMB in Q2 online Gaming preview @ Stif
DKNG FLUT SRDA Forecasting Q2 adj EBITDA misses for them and see inline adj EBITDA for GENI, CDRO, & GAMB in Q2 online Gaming preview @ Stifel
EQUITY | Jul 22, 2026, 11:11 AM UTC
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DKNG FLUT RSI CZR MGM PENN Week 2 (Q326) Performance (YoY) for NY online sports betting delivered another strong week of betting activity @
DKNG FLUT RSI CZR MGM PENN Week 2 (Q326) Performance (YoY) for NY online sports betting delivered another strong week of betting activity @ Benchmark
EQUITY | Jul 20, 2026, 11:54 AM UTC
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CZR PENN DKNG FLUT Believe privately held Bet365 has the potential to be more of a challenge to DKNG and FLUT than competition from CZR, Pen
CZR PENN DKNG FLUT Believe privately held Bet365 has the potential to be more of a challenge to DKNG and FLUT than competition from CZR, Penn, BetMGM and others @ UBS
EQUITY | Jul 17, 2026, 11:31 AM UTC
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What You Missed On Wall Street On Thursday
The major averages closed broadly lower amid a new wave of corporate earnings reports and renewed weakness in the semiconductor space. Earnings season has started off strong this week, as more than 87% of the 40 S&P 500
RATES | Jul 16, 2026, 08:25 PM UTC
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DKNG DraftKings sues philadelphia after receiving subpoena, seeks to block City from enforcing a consumer Protection law
DKNG DraftKings sues philadelphia after receiving subpoena, seeks to block City from enforcing a consumer Protection law
EQUITY | Jul 16, 2026, 07:31 PM UTC
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Midday Fly By: UnitedHealth, United Airlines, GE Aersopace report Q2 beats
The Dow Jones Industrial Average was higher near noon while the S&P 500 and Nasdaq were lower as investors digest a new wave of corporate earnings reports and renewed weakness in the semiconductor space. Markets continue
MACRO | Jul 16, 2026, 04:10 PM UTC
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DKNG - Over the last year, The Bear Cave has published four articles about DraftKings highlighting competitive risks posed by prediction mar
DKNG - Over the last year, The Bear Cave has published four articles about DraftKings highlighting competitive risks posed by prediction markets like Kalshi. -Today, Kalshi’s execution looks even stronger: cumulative vol
EQUITY | Jul 16, 2026, 02:35 PM UTC