Professional
Added to YB: 2024-04-30
Pitch date: 2024-03-31
DKNG [bullish]
DraftKings Inc.
-21.73%
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
$45.38
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:
Artisan Focus Fund Portfolio Holding: DraftKings Inc.
DKNG: Profitability inflection as sports betting duopoly solidifies. EBITDA to shift from loss to est. $2B+ profit by 2026, well ahead of consensus. Similar dynamic to Spotify, where focus is shifting to underappreciated model economics as leading audio streamer with 602M MAUs.
Read full article (1 min)