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DraftKings Inc. DKNG NASDAQ

NASDAQ Global Select • Consumer Cyclical • Gambling, Resorts & Casinos • US • USD

SharesGrow Score
52/100
3/7 Pass
SharesGrow Intrinsic Value
$5.28
-77%
Analyst Price Target
$37.07
+61.5%
SharesGrow 7-Criteria Score All 7 criteria scored · valuation-related highlighted on this page

DraftKings Inc. (DKNG) trades at a trailing P/E of 3,010.1, forward P/E of 74.9. Trailing earnings yield is 0.03%, forward earnings yield 1.34%. PEG 0.85 (Peter Lynch undervalued ≤1.0). Graham Number is $0.47.

Criteria proven by this page:

  • VALUE (34/100, Fail) — trailing P/E is well above the S&P 500 average of ~25, suggesting a premium valuation (P/E 3,010.1); trailing earnings yield is below the 10-year Treasury yield (~4.3%), meaning bonds offer a better return (EY 0.03%).
  • Forward P/E 74.9 (down from trailing 3,010.1) — analysts expect earnings to grow, which would improve the valuation.
  • PEG Ratio 0.85 — below 1.0 suggests the stock is undervalued relative to its earnings growth rate (Peter Lynch criterion).
  • Trailing Earnings Yield 0.03% — below bond yields — investors are paying a premium for expected growth rather than current earnings. Forward yield improves to 1.34% as earnings recover.
  • Analyst consensus target $37.07 (+61.5% upside) — significant upside potential according to Wall Street analysts.

Overall SharesGrow Score: 52/100 with 3/7 criteria passed.

SharesGrow 7-Criteria Score
52/100
SG Score
View full scorecard →
VALUE
34/100
Price-to-Earnings & upside
Proven by this page
FUTURE
85/100
Analyst consensus
→ Forecast
PAST
25/100
→ Income
HEALTH
17/100
Debt-to-Equity & liquidity
→ Health
MOAT
73/100
→ Income
GROWTH
100/100
→ Income
INCOME
30/100
→ Income

Valuation Snapshot — DKNG

Valuation Multiples
P/E (TTM)3,010.1
Forward P/E74.9
PEG Ratio0.85
Forward PEG0.85
P/B Ratio17.69
P/S Ratio1.88
EV/EBITDA32.9
Per Share Data
EPS (TTM)$0.01
Forward EPS (Est.)$0.31
Book Value / Share$1.30
Revenue / Share$12.43
FCF / Share$1.26
Yields & Fair Value
Earnings Yield0.03%
Forward Earnings Yield1.34%
Dividend Yield0.00%
Graham Number$0.47
SharesGrow IV$5.28 (-77%)
Analyst Target$37.07 (+61.5%)

Historical Valuation

Year P/E (TTM) PEG Ratio P/B Ratio P/S Ratio Dividend Yield
2017 -23.9 0.00 2,809.18 9.43 -
2018 -23.7 0.00 -9.77 8.00 -
2019 -13.8 -0.16 -39.84 6.11 -
2020 -11.6 -0.03 5.41 23.15 -
2021 -7.3 1.22 6.59 8.53 -
2022 -3.6 0.21 3.76 2.22 -
2023 -20.3 0.45 19.41 4.45 -
2024 -35.3 0.90 17.74 3.76 -
2025 3,446.0 -34.22 20.25 2.11 -

EPS: Actual vs Estimates

P/E Ratio & Earnings Yield

Earnings Per Share (EPS) History

Year EPS (Diluted) Revenue Net Income Net Margin
2017 $-0.41 $191.84M $-75.56M -39.4%
2018 $-0.41 $226.28M $-76.22M -33.7%
2019 $-0.77 $323.41M $-142.26M -44%
2020 $-2.76 $614.53M $-843.7M -137.3%
2021 $-3.79 $1.3B $-1.53B -117.7%
2022 $-3.15 $2.24B $-1.38B -61.4%
2023 $-1.73 $3.67B $-802.14M -21.9%
2024 $-1.05 $4.77B $-507.29M -10.6%
2025 $-0.01 $6.05B $3.71M 0.1%

Analyst Estimates

Year EPS (Avg) EPS Range Revenue (Avg) Revenue Range Analysts
2026 $0.31 $0.27 – $0.35 $6.87B $6.66B – $7.07B 13
2027 $1.13 $0.95 – $1.21 $7.77B $7.62B – $8.03B 12
2028 $1.84 $1.26 – $2.45 $8.73B $8.63B – $8.82B 11
2029 $2.88 $2.70 – $3.22 $10.12B $9.65B – $11.05B 4
2030 $3.85 $3.62 – $4.31 $10.58B $10.09B – $11.56B 4
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