Professional
Added to YB: 2024-08-13
Pitch date: 2024-07-17
DKNG [bullish]
DraftKings Inc.
-7.2%
current return
Author Info
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Company Info
DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally.
Market Cap
$14.7B
Pitch Price
$38.35
Price Target
N/A
Dividend
N/A
EV/EBITDA
-759.45
P/E
-54.57
EV/Sales
2.82
Sector
Hotels, Restaurants and Leisure
Category
growth
Show full summary:
The Nightview Capital Portfolio Holding: DraftKings Inc.
DKNG: Top online betting co w/ 35-40% mkt share. Poised for growth as remaining 50% of US market legalizes. Strong user & handle growth even in mature states. Diverse digital platform w/ improving margins. Marketing costs to decrease as % of rev. Long-term growth potential despite possible tax hikes. FCF expansion expected.
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