DraftKings valuation

DKNG · NASDAQ · USD

$19.05Change from previous close: −3.54%Absolute change: −$0.70

Close · October 7, 2026

Valuation

The average price target of 36 analysts is $34.81.

Data as of October 7, 2026

Valuation multiples

Market cap
$9.8B
Enterprise value
$10.74B
Forward P/E
11.8
PEG
0.05
Price/book
17.2
Price/sales
1.58
EV/EBITDA
87.4
EV/revenue
1.73

Profitability and growth

Gross margin
76.1%
Operating margin
-4.7%
Net margin
-2.7%
ROE
-21.1%
ROA
-2.4%
ROIC
-11.2%
Revenue growth (year over year)
-4.6%

Financial health

Total cash
$983.88M
Total debt
$1.92B
Debt/equity
3.36
Current ratio
1.02
Quick ratio
0.69
Altman Z-Score
1.81
Piotroski F-Score
5.00

Dividends

Dividend yield
0.0%
Payout ratio
0.0%

Analysts and estimates

Average price target
$34.81
Median price target
$33.00
High price target
$76.00
Low price target
$20.00
Analysts with a price target
36
Consensus
Strong buy
Forward EPS
$1.68
EPS estimate, current year
$0.88

Shares and trading

Beta
1.61
Average volume
12.86M
Shares outstanding
496.45M
Float
424.19M
Institutional ownership
83.0%
Insider ownership
8.6%
Short interest (% of float)
7.8%
Short ratio (days)
4.14