Added to YB: 2024-08-14
Pitch date: 2024-08-12
DKNG [neutral]
DraftKings Inc.
+18.01%
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
$30.10
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
3 High Quality Growth Stocks - DraftKings Inc.
DKNG: Leading US sports betting co. Rev +45% CAGR, Q2 first profitable (5.8% margin). 3.5x EV/S. TAM growing 17-24% annually. Sports streaming boost betting. Social, promo-driven growth. Huge TAM expansion expected. Risks: competition, regulation. Q3 rev growth slowed to 26.2%.
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