DraftKings(DKNG)
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There’s a punt factor in stocks that investors might be missing
Risk.net· 2026-02-02 04:30
Why should investors care? Emerging factors like the punt factor are often missing from backtests, so investors and risk managers can unintentionally double up exposures or underestimate contagion risk if speculative flows unwind quickly.What about tech stocks? Technology-heavy QQQ shows meaningful spillovers from crypto – de Silva warns “if you’re trading Nasdaq, you should realise that what’s going on in crypto is going to affect you” – though institutional owners can cushion volatility.How strong is the ...
Jim Cramer on DraftKings: “It’s in the Wilderness”
Yahoo Finance· 2026-01-31 13:48
DraftKings Inc. (NASDAQ:DKNG) is one of the stocks that Jim Cramer shared takes on, along with navigating market shortages. When a caller inquired about the stock, Cramer remarked: Okay, I like DraftKings, but I’ve decided, you know what, without Florida, without Texas, without California gambling, it’s just going to be like, I don’t know, it’s in the wilderness. I don’t know. I want it out of the wilderness. It’s not an expensive stock. Or maybe we need a lot of consolidation. That could do it. A tech ...
FanDuel, DraftKings Get Price Cuts. Betting Bit Player Rally Reverses.
Investors· 2026-01-30 21:36
FanDuel, DraftKings Targets Cut. Betting Peer Outpaces S&P 500. | Investor's Business DailyBREAKING: [Stocks Test Key Levels; U.S. Government Enters Shutdown]---Shares of online betting companies DraftKings (DKNG) and Flutter Entertainment (FLUT), the parent company of FanDuel, fell after receiving price target cuts on Friday. Meanwhile, competitor Rush Street Interactive (RSI) posted an early market rally, which eventually also reversed to a loss. Price Cuts For DraftKings And FanDuel Stifel lowered its pr ...
DraftKings Stock Falls As CFTC Shifts Prediction Market Policy
Benzinga· 2026-01-30 16:01
DraftKings Inc. (NASDAQ:DKNG) shares declined on Friday. The decline comes as Guggenheim lowered its price target on the stock and the Commodity Futures Trading Commission (CFTC) announced a major policy shift regarding prediction markets. • DraftKings stock is among today’s weakest performers. Why is DKNG stock falling?Guggenheim Reduces Price TargetGuggenheim lowered the firm’s price target on DraftKings to $42 from $45 while maintaining a Buy rating on the shares, according to Benzinga Pro.CFTC Announces ...
Wells Fargo Boosts DraftKings Inc. (DKNG) to Overweight from Equal Weight
Yahoo Finance· 2026-01-29 12:26
DraftKings Inc. (NASDAQ:DKNG) is among the Growth Stock Portfolio: 12 Stock Picks By Cathie Wood. Wells Fargo Boosts DraftKings Inc. (DKNG) to Overweight from Equal Weight TheFly reported on January 15, 2026, that Wells Fargo boosted DraftKings Inc. (NASDAQ:DKNG) to Overweight from Equal Weight. It lifted its price objective to $49 from $31 as part of a 2026 Digital Gaming research preview. The company anticipates strong profit growth in 2026 and notes favorable long-term development prospects in digital ...
Forget 2025: These 2 Growth Stocks Could Soar in 2026
Yahoo Finance· 2026-01-29 11:15
For several high-profile growth stocks, share price performance in 2025 ended up being forgettable. These stocks didn't just underperform. They lost ground. However, if you can take a step back and look at the bigger picture, there are at least a couple of these cases where this weakness is likely only a temporary setback. Indeed, these pullbacks offer an opportunity for investors to get in front of a recovery in 2026. Where to invest $1,000 right now? Our analyst team just revealed what they believe are ...
EXCLUSIVE: Prediction Markets 'Not A Zero-Sum Game' – Market Expert Says Sportsbooks Can Still Win
Yahoo Finance· 2026-01-28 12:31
The battle between prediction markets and sports betting companies could see changing of market share positions and/or could bring new users to the space. A sports betting expert tells Benzinga there are plenty of ways that sportsbooks can still win in the market. Sportsbooks Still Win Vs. Prediction Markets Dave Mazza is the CEO of Roundhill Investments, the company behind the Roundhill Sports Betting & iGaming ETF (NYSE:BETZ). As someone who is following sports betting companies daily, Mazza has a good ...
Reasons Why DraftKings (DKNG) Offers Attractive Upside
Yahoo Finance· 2026-01-28 11:57
DraftKings Inc (NASDAQ:DKNG) is one of the best large cap stocks under $100 with huge upside potential. On January 23, Daniel Politzer from JPMorgan reiterated his Overweight rating on DraftKings Inc (NASDAQ:DKNG). He reduced his price target to $41, which still yields around 37% upside. Is Flutter Entertainment plc (FLUT) the Best Sin Stock to Invest in 2025? Pixabay/Public Domain Politzer’s Overweight rating is part of JPMorgan’s target adjustments across the gaming space, in line with the firm’s fou ...
Top 5 Gambling & Sports Betting Stocks After Legalization Wave
247Wallst· 2026-01-27 19:22
Core Insights - The legalization of sports betting in the U.S. has led to significant market growth, with over $150 billion wagered in 2025, but profitability remains a challenge for many operators [1] Company Summaries 1. DraftKings - DraftKings is the closest to achieving profitability in the digital sports betting space, posting $0.16 in annual EPS in 2025, marking its first year of profitability after five years of losses [12] - Revenue reached $5.46 billion, with quarterly earnings growth of 185% year-over-year, indicating strong operational performance [12] - The stock has seen a 26% decline over the past year, but analysts project a fair value of $45, suggesting a 47% upside if the company can maintain its profitability [13][14] 2. Flutter Entertainment - Flutter Entertainment, the parent company of FanDuel, is the largest operator in the group with a market cap of $30.6 billion and revenue of $15.4 billion [10] - The company reported $3.82 in annual EPS for 2025, down 37% from the previous year, but remains profitable [10] - Analysts see a fair value of $285 for the stock, implying a 63% upside, supported by its global diversification and established profitability [11] 3. Caesars Entertainment - Caesars operates over 50 casino properties and runs Caesars Sportsbook, but reported an annual EPS of -$0.95 in 2025, despite an improvement from -$1.26 in 2024 [7] - The stock has dropped 35% over the past year, trading at $22.37, with analysts maintaining a target of $32, indicating a potential 43% upside if the company can stabilize its digital losses [8] 4. MGM Resorts - MGM Resorts is the only company on the list with a positive one-year performance, up 3.7%, generating $17.3 billion in revenue [5] - The profit margin is low at 0.4%, and earnings fell 70% year-over-year in Q3 2025, indicating operational stress [6] - The stock trades near its 200-day moving average at $34.10, with a modest upside to the $42 analyst target [6] 5. Penn Entertainment - Penn Entertainment reported an annual loss of -$0.59 in 2025, an improvement from -$1.62 in 2024, but remains unprofitable [3] - The stock trades at 0.3x sales and below book value, suggesting market skepticism regarding its ESPN partnership [4] - Analysts have set a target of $19 for the stock, implying a 33% upside, but the company needs to demonstrate its ability to convert ESPN's reach into profitable customer acquisition [4]
Here’s Why DraftKings (DKNG) Was Exited Amid Rising Competitive Risks
Yahoo Finance· 2026-01-27 14:54
ClearBridge Investments, an investment management company, released its “ClearBridge Mid Cap Strategy” Q4 2025 investor letter. A copy of the letter can be downloaded here. During the quarter, the ClearBridge Mid Cap Strategy reported underperformance versus the Russell Midcap Index, which returned 0.16% during the period, as narrow market leadership and sentiment-driven trading weighed on results. Weakness in information technology and real estate holdings pressured returns, while gains in select consumer ...