Draftkings share price today

(DKNG)

Draftkings share price is $38.46 & ₹3,289.79 as on 27 Dec 2024, 2.30 'hrs' IST

$38.46

▲

-0.11

(-0.29%)

Market is closed - opens 8 PM, 27 Dec 2024

View live Draftkings share price in Dollar and Rupees. Guide to invest in Draftkings from India. Also see the sentimental analysis on Indian investors investing in Draftkings. Get details on the Indian mutual funds that are investing in Draftkings. Get Analyst recommendations and forecasts along with all the Draftkings's financials.

Draftkings share price movements

Today's Low: $37.76
Today's High: $38.58
$38.46
1.82%
Downside
Day's Volatility :2.13%
Upside
0.31%
52 Weeks Low: $28.69
52 Weeks High: $49.57
$38.46
25.4%
Downside
52 Weeks Volatility :42.12%
Upside
22.41%

Draftkings Returns

Period	Draftkings	Sector (Consumer Discretionary)	Index (Russel 2000)
3 Months	-4.71%	16.3%	0.0%
6 Months	0.76%	26.6%	0.0%
1 Year	7.22%	29.2%	0.0%
3 Years	40.78%	13.9%	-21.8%

Draftkings Key Statistics

in dollars & INR

Previous Close	$38.57
Open	$38.17
Today's High	$38.58
Today's Low	$37.76
Market Capitalization	$18.8B
Today's Volume	$4.8M
52 Week High	$49.57
52 Week Low	$28.69
Revenue TTM	$4.6B
EBITDA	$-191.1M
Earnings Per Share (EPS)	$-0.87
Profit Margin	-9.06%
Quarterly Earnings Growth YOY	0.0%
Return On Equity TTM	-44.43%

How to invest in Draftkings from India?

It is very easy for Indian residents to invest directly in Draftkings from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Draftkings stock in both Indian Rupees (INR) and US Dollars (USD). Search for Draftkings or DKNG on the INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Draftkings or rupee/ dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Draftkings shares which would translate to 0.022 fractional shares of Draftkings as of today. Learn more about fractional investing.

Indians can now also easily transfer and add money to their US stocks account via the INDmoney app. Invest in US Stocks from India, including recognised companies like Draftkings, in just a few clicks!

Returns in Draftkings for Indian investors in Rupees

Investment Value

₹1,00,000

Draftkings investment value today

Current value as on today

₹1,10,060

Returns

₹10,060

(+10.06%)

Returns from Draftkings Stock

₹7,221 (+7.22%)

Dollar Returns

₹2,840 (+2.84%)

Indian investors sentiment towards Draftkings

1.54%

Period: Sep 27, 2024 to Dec 26, 2024. Change in 30 Days versus previous period

Investment in Draftkings from India has grown in the last 30 days as on Dec 27, 2024. 1.54% more purchase transactions for Draftkings in the last 30 days versus the previous period.

22%

Period: Sep 27, 2024 to Dec 26, 2024. Change in 30 Days versus previous period

Search volume for Draftkings on INDmoney from India has grown in the last 30 days as on Dec 27, 2024. 22% more investors are searching Draftkings in the last 30 days versus the previous period.

Global Institutional Holdings in Draftkings

Vanguard Group Inc
8.71%
BlackRock Inc
6.32%
Wellington Management Company LLP
4.74%
T. Rowe Price Investment Management,Inc.
3.66%
State Street Corp
1.95%
Marshall Wace Asset Management Ltd
1.72%

Analyst Recommendation on Draftkings

Buy

78%Buy

19%Hold

2%Sell

Based on 42 Wall street analysts offering stock ratings for Draftkings(by analysts ranked 0 to 5 stars)

Based on 42 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast on Draftkings

What analysts predicted

Upside of 33.25%

Current:

$38.46

Target:

$51.25

Insights on Draftkings

Price Movement
In the last 7 days, DKNG stock has moved down by -4.7%
Decreasing Revenue
Revenue is down for the last 4 quarters, 1.23B → 1.09B (in $), with an average decrease of 3.8% per quarter
Decreasing Net Profit
Netprofit is down for the last 2 quarters, 63.82M → -293.68M (in $), with an average decrease of 560.2% per quarter

Draftkings Financials in INR & Dollars

	FY18	Y/Y Change
Revenue	$226.3M	↑ 17.95%
Net Income	$-76.2M	↑ 0.88%
Net Profit Margin	-33.68%	↑ 5.7%

	FY19	Y/Y Change
Revenue	$323.4M	↑ 42.93%
Net Income	$-142.3M	↑ 86.64%
Net Profit Margin	-43.99%	↓ 10.31%

	FY20	Y/Y Change
Revenue	$614.5M	↑ 90.02%
Net Income	$-843.7M	↑ 493.09%
Net Profit Margin	-137.29%	↓ 93.3%

	FY21	Y/Y Change
Revenue	$1.3B	↑ 110.9%
Net Income	$-1.5B	↑ 80.86%
Net Profit Margin	-117.74%	↑ 19.55%

	FY22	Y/Y Change
Revenue	$2.2B	↑ 72.87%
Net Income	$-1.4B	↓ 9.88%
Net Profit Margin	-61.38%	↑ 56.36%

	FY23	Y/Y Change
Revenue	$3.7B	↑ 63.6%
Net Income	$-802.1M	↓ 41.67%
Net Profit Margin	-21.88%	↑ 39.5%

	Q2 FY23	Q/Q Change
Revenue	$874.9M	↑ 13.68%
Net Income	$-77.3M	↓ 80.54%
Net Profit Margin	-8.83%	↑ 42.76%

	Q3 FY23	Q/Q Change
Revenue	$790.0M	↓ 9.71%
Net Income	$-283.1M	↑ 266.38%
Net Profit Margin	-35.84%	↓ 27.01%

	Q4 FY23	Q/Q Change
Revenue	$1.2B	↑ 55.81%
Net Income	$-44.6M	↓ 84.24%
Net Profit Margin	-3.63%	↑ 32.21%

	Q1 FY24	Q/Q Change
Revenue	$1.2B	↓ 4.54%
Net Income	$-142.6M	↑ 219.51%
Net Profit Margin	-12.13%	↓ 8.5%

	Q2 FY24	Q/Q Change
Revenue	$1.1B	↓ 6.0%
Net Income	$63.8M	↓ 144.77%
Net Profit Margin	5.78%	↑ 17.91%

	Q3 FY24	Q/Q Change
Revenue	$1.1B	↓ 0.81%
Net Income	$-293.7M	↓ 560.17%
Net Profit Margin	-26.81%	↓ 32.59%

	FY18	Y/Y Change
Profit	$177.6M	↑ 10.93%

	FY19	Y/Y Change
Profit	$219.5M	↑ 23.61%

	FY20	Y/Y Change
Profit	$267.9M	↑ 22.06%

	FY21	Y/Y Change
Profit	$501.9M	↑ 87.3%

	FY22	Y/Y Change
Profit	$756.2M	↑ 50.68%

	FY23	Y/Y Change
Profit	$1.4B	↑ 81.6%

	Q2 FY23	Q/Q Change
Profit	$364.6M	↑ 47.07%

	Q3 FY23	Q/Q Change
Profit	$246.5M	↓ 32.39%

	Q4 FY23	Q/Q Change
Profit	$514.2M	↑ 108.6%

	Q1 FY24	Q/Q Change
Profit	$464.9M	↓ 9.58%

	Q2 FY24	Q/Q Change
Profit	$441.0M	↓ 5.14%

	Q3 FY24	Q/Q Change
Profit	$353.1M	↓ 19.95%

	FY18	Y/Y Change
Operating Cash Flow	$-45.6M	↓ 48.46%
Investing Cash Flow	$-26.7M	↑ 245.72%
Financing Cash Flow	$140.9M	↑ 18.87%

	FY19	Y/Y Change
Operating Cash Flow	$-78.9M	↑ 73.06%
Investing Cash Flow	$-42.3M	↑ 58.48%
Financing Cash Flow	$79.8M	↓ 43.38%

	FY20	Y/Y Change
Operating Cash Flow	$-337.9M	↑ 328.34%
Investing Cash Flow	$-227.3M	↑ 437.82%
Financing Cash Flow	$2.3B	↑ 2790.97%

	FY21	Y/Y Change
Operating Cash Flow	$-419.5M	↑ 24.16%
Investing Cash Flow	$-195.0M	↓ 14.22%
Financing Cash Flow	$1.1B	↓ 50.62%

	FY22	Y/Y Change
Operating Cash Flow	$-625.5M	↑ 49.11%
Investing Cash Flow	$-208.8M	↑ 7.05%
Financing Cash Flow	$-16.7M	↓ 101.47%

	Q2 FY23	Q/Q Change
Operating Cash Flow	$-17.7M	↓ 91.21%
Investing Cash Flow	$612.0K	↑ 0.0%
Financing Cash Flow	$-12.7M	↓ 49.61%

	Q3 FY23	Q/Q Change
Operating Cash Flow	$145.4M	↓ 920.47%
Investing Cash Flow	$-40.0M	↓ 6630.39%
Financing Cash Flow	$-12.7M	↓ 0.17%

Draftkings Technicals Summary

Sell

Neutral

Buy

Draftkings is currently in a favorable trading position ( BUY ) according to technical analysis indicators.

Draftkings Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Draftkings	-10.62%	0.76%	7.22%	40.78%	261.47%
Churchill Downs Incorporated	-5.68%	-5.27%	-2.47%	10.75%	92.7%
International Game Technology	-10.55%	-15.49%	-37.36%	-39.46%	16.59%
Light & Wonder Inc	-10.29%	-16.96%	4.94%	31.93%	226.06%
Flutter Entertainment Plc	-5.14%	42.19%	26.18%	26.18%	26.18%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Draftkings	NA	NA	NA	0.39	-0.44	-0.07	NA	2.21
Churchill Downs Incorporated	23.87	23.87	2.58	5.86	0.41	0.06	0.0	14.93
International Game Technology	35.54	NA	NA	1.53	0.11	0.06	0.04	7.34
Light & Wonder Inc	26.83	26.83	1.15	3.56	0.3	0.09	NA	9.64
Flutter Entertainment Plc	NA	NA	NA	5.81	-0.07	0.02	NA	57.61

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Draftkings	Buy	$18.8B	261.47%	NA	-9.06%
Churchill Downs Incorporated	Buy	$9.7B	92.7%	23.87	15.45%
International Game Technology	Buy	$4.0B	16.59%	35.54	3.15%
Light & Wonder Inc	Buy	$7.6B	226.06%	26.83	9.33%
Flutter Entertainment Plc	Buy	$46.5B	26.18%	NA	-7.0%

Draftkings Dividend announcements

Draftkings Earnings
Draftkings’s price-to-earnings ratio stands at None
Read More

About Draftkings

DraftKings is an American daily fantasy sports contest and sports betting company. The company allows users to enter daily and weekly fantasy sports–related contests and win money based on individual player performances in five major American sports (MLB, the NHL, the NFL, the NBA and the PGA), Premier League and UEFA Champions League football, NASCAR auto racing, Canadian Football League, the XFL, mixed martial arts (MMA), Tennis, All Elite Wrestling (AEW), and WWE.

Organization	Draftkings
Employees	4400
CEO	Mr. Jason D. Robins
Industry	Consumer Services

Management People of Draftkings

Name	Title
Mr. Jason D. Robins	Co-Founder, Chairman & CEO
Mr. Paul Liberman	Co-Founder, President of Global Technology & Product and Director
Mr. Matthew Kalish	Co-Founder, President of DraftKings North America & Director
Mr. R. Stanton Dodge Esq.	Chief Legal Officer & Secretary
Mr. Jason K. Park	Chief Transformation Officer
Mr. Alan Ellingson	Chief Financial Officer
Mr. Erik Bradbury	Chief Accounting Officer & Principal Accounting Officer
Mr. Joseph DeCristofaro	Vice President of Investor Relations
Ms. Jennifer Aguiar	Chief Compliance Officer
Ms. Lori Kalani	Chief Responsible Gaming Officer

Important FAQs about investing in Draftkings from India :

What is Draftkings share price today?

Draftkings share price today stands at $38.46, Open: $38.17 ; Previous Close: $38.57 ; High: $38.58 ; Low: $37.76 ; 52 Week High: $49.57 ; 52 Week Low: $28.69. The stock opens at $38.17, after a previous close of $38.57. The stock reached a daily high of $38.58 and a low of $37.76, with a 52-week high of $49.57 and a 52-week low of $28.69.

Can Indians buy Draftkings shares?

Yes, Indians can invest in the Draftkings (DKNG) from India.

With INDmoney, you can buy Draftkings at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy Draftkings at zero transaction cost.

How can I buy Draftkings shares from India?

It is very easy to buy Draftkings from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Draftkings be purchased?

Yes, you can buy fractional shares of Draftkings with INDmoney app.

What are the documents required to start investing in Draftkings stocks?

To start investing in Draftkings, You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.