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Added to YB: 2024-02-01

Pitch date: 2024-01-31

DKNG [bullish]

DraftKings Inc.

-9.87%

current return

Author Info

No bio for this author

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

$39.41

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:
DraftKings: A Strong Buy On Sticky Monetization Trends

$DKNG: No.2 in US sports betting & iGaming, impressive revenue growth, shifting to profitability w/ less ads & improving FCF/EBITDA. Risks remain but maturing market, user growth & unit economics support buy at 5x rev for upside.

Read full article (5 min)