DraftKings Inc. – Consensus ‘buy’ rating and 10.6% Upside Potential

Broker Ratings
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DraftKings Inc. which can be found using ticker (DKNG) have now 27 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between 39 and 17 calculating the mean target price we have $27.89. Given that the stocks previous close was at $25.22 and the analysts are correct then we can expect a percentage increase in value of 10.6%. The day 50 moving average is $20.64 and the 200 moving average now moves to $16.83. The company has a market capitalization of 11.21B. The stock price for Iron Mountain Incorporated is 24.27 USD

The potential market cap would be $12,396,217,386 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of -, revenue per share of 5.79 and a -22.85% return on assets.

DraftKings Inc. is a digital sports entertainment and gaming company. The Company provides users with sports betting, online casino and daily fantasy sports products, as well as media and other online consumer products. Its segments include business-to-consumer (B2C) and business-to-business (B2B). Its B2C segment includes its DraftKings-branded Sportsbook, iGaming and DFS products, as well as its other online consumer products, and its GNOG-branded Sportsbooks and iGaming products. Across its DraftKings-branded products, it offers users a single integrated product that provides one account, one wallet, a centralized payment system and responsible gaming controls. Its B2B segment is engaged in the design and development of sports betting and casino gaming software. Its B2B services are delivered through its software, and its complementary service offerings include trading and risk management and support for reporting, customer management and regulatory reporting requirements.

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