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DKNG
Stock ticker: NASDAQ
AS OF
Apr 23, 04:59 PM (EDT)
Price
$34.03
Change
+$0.56 (+1.67%)
Capitalization
21.38B

DKNG DraftKings Forecast, Technical & Fundamental Analysis

DraftKings got its start in 2012 as an innovator in daily fantasy sports... Show more

DKNG
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
a Summary for DKNG with price predictions
Apr 22, 2025

DKNG sees its Stochastic Oscillator ascending out of oversold territory

On April 09, 2025, the Stochastic Oscillator for DKNG moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 56 instances where the indicator left the oversold zone. In of the 56 cases the stock moved higher in the following days. This puts the odds of a move higher at over .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where DKNG's RSI Indicator exited the oversold zone, of 26 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on April 17, 2025. You may want to consider a long position or call options on DKNG as a result. In of 81 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for DKNG just turned positive on April 10, 2025. Looking at past instances where DKNG's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where DKNG advanced for three days, in of 314 cases, the price rose further within the following month. The odds of a continued upward trend are .

DKNG may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

Following a 3-day decline, the stock is projected to fall further. Considering past instances where DKNG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for DKNG entered a downward trend on April 15, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. DKNG’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 76, placing this stock better than average.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. DKNG’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (25.445) is normal, around the industry mean (12.790). P/E Ratio (0.000) is within average values for comparable stocks, (65.598). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (1.549). Dividend Yield (0.000) settles around the average of (0.077) among similar stocks. P/S Ratio (5.672) is also within normal values, averaging (3.547).

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DKNG
Daily Signalchanged days ago
Gain/Loss if bought
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A.I. Advisor
published Earnings

DKNG is expected to report earnings to fall 102.36% to 0 cents per share on May 01

DraftKings DKNG Stock Earnings Reports
Q1'25
Est.
$0.00
Q4'24
Beat
by $0.15
Q3'24
Beat
by $0.25
Q2'24
Beat
by $0.23
Q1'24
Beat
by $0.32
The last earnings report on February 13 showed earnings per share of 14 cents, beating the estimate of 0 cents. With 9.80M shares outstanding, the current market capitalization sits at 21.38B.
A.I. Advisor
published General Information

General Information

a digital sports entertainment and gaming company, which provides online and retail sports wagering offerings, online daily fantasy contests and online casino games

Industry CasinosGaming

Profile
Fundamentals
Details
Industry
N/A
Address
222 Berkeley Street
Phone
+1 617 986-6744
Employees
4400
Web
https://www.draftkings.com
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DKNG and Stocks

Correlation & Price change

A.I.dvisor indicates that over the last year, DKNG has been loosely correlated with FLUT. These tickers have moved in lockstep 62% of the time. This A.I.-generated data suggests there is some statistical probability that if DKNG jumps, then FLUT could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To DKNG
1D Price
Change %
DKNG100%
+3.18%
FLUT - DKNG
62%
Loosely correlated
+2.75%
RSI - DKNG
50%
Loosely correlated
+2.29%
CZR - DKNG
49%
Loosely correlated
+7.00%
GDEN - DKNG
46%
Loosely correlated
+3.70%
MGM - DKNG
44%
Loosely correlated
+4.70%
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