Workflow
DraftKings(DKNG)
icon
Search documents
Why DraftKings Stock Dropped Today
The Motley Fool· 2026-02-14 00:47
CEO Jason Robins intends to compete and win in the rapidly expanding prediction market industry, but investors aren't so sure.Shares of DraftKings (DKNG 13.73%) tumbled on Friday after the digital sports entertainment and gaming leader issued a tepid growth forecast.By the close of trading, DraftKings' stock price was down more than 13%. Profitability is improvingDraftKings' fourth-quarter revenue surged 43% year over year to $2 billion. The company's mobile sports betting operations are now live in 26 stat ...
Stock Market Today, Feb. 13: DraftKings Falls After 2026 Revenue Outlook Misses Expectations
The Motley Fool· 2026-02-13 22:00
Investors weigh fresh profit milestones against a sharply reset 2026 growth path, today, Feb. 13, 2026.NASDAQ : DKNGDraftKingsToday's Change( -13.73 %) $ -3.46Current Price$ 21.70Key Data PointsMarket Cap$13BDay's Range$ 21.02 - $ 22.7852wk Range$ 21.02 - $ 53.61Volume3.3MAvg Vol13MGross Margin39.23 %DraftKings (DKNG 13.73%), an online sports betting, daily fantasy sports, and iGaming services provider, closed at $21.76, down 13.51%. The stock moved lower after Q4 earnings and 2026 guidance, as investors ar ...
DraftKings just posted blowout earnings. So why did the stock crater?
Fastcompany· 2026-02-13 19:11
For investors, DraftKings has been anything but a sure bet. ...
Dow Approaches 50,000 Milestone as Milder CPI Data Battles Tech Sector Volatility
Stock Market News· 2026-02-13 19:07
In a high-stakes afternoon of trading this Friday, February 13th, 2026, the U.S. stock market is navigating a complex landscape of cooling inflation data and divergent corporate earnings. Investors are closely monitoring the major averages as the Dow Jones Industrial Average (DJI) continues its historic march toward the 50,000 threshold, even as technical resistance and sector-specific volatility create a choppy environment for the broader market.Market Indexes and Afternoon PerformanceAs of the mid-afterno ...
Are Prediction Markets Causing DraftKings Stock to Implode?
247Wallst· 2026-02-13 17:32
Is there a cause-and-effect relationship between the flourishing of prediction markets and the kneecapping of the stocks traditional online betting sites like DraftKings (NASDAQ:DKNG | DKNG Price Prediction) and Flutter Entertainment (NASDAQ:FLUT) have suffered in the past 12 months? Prediction markets surged in 2025, with trading volumes reaching $63.5 billion, a fourfold increase from $15.8 billion in 2024. Platforms like Polymarket and Kalshi drove this growth, enabling bets on outcomes across politics, ...
DraftKings targets $6.5B–$6.9B 2026 revenue as predictions segment set for rapid expansion (NASDAQ:DKNG)
Seeking Alpha· 2026-02-13 16:38
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh. ...
DraftKings earnings miss, cautious guidance weighs on shares
Proactiveinvestors NA· 2026-02-13 16:33
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
DraftKings Sees Slower 2026 Growth Despite $10 Billion Prediction Market Opportunity
PYMNTS.com· 2026-02-13 15:58
Core Insights - DraftKings is transitioning into a multi-vertical, tech-driven ecosystem, focusing on federally regulated event-contract trading, termed "Predictions," as a significant growth driver beyond traditional sports betting [1][11] - The company reported fourth-quarter 2025 revenue of approximately $1.99 billion, marking a 43% year-over-year increase, and exceeded some earnings expectations [4] - DraftKings anticipates fiscal year 2026 revenue between $6.5 billion and $6.9 billion, indicating slower growth than analysts expected, which led to a 12% decline in share price [5] Company Developments - DraftKings sees Predictions as a new category with a potential annual gross revenue opportunity of $10 billion, viewing it as the most exciting growth opportunity since the legalization of sports betting in 2018 [11] - The integration of Railbird Technologies is expected to be a key technological catalyst for the Predictions vertical, anticipated around mid-2026 [11] - The company has added nearly 6 million customers since 2022, with revenue growth of approximately $4 billion and adjusted EBITDA increasing by over $1 billion [15] Regulatory Environment - Prediction markets are regulated federally by the Commodity Futures Trading Commission (CFTC), which has led to a surge in U.S.-accessible platforms, although state regulators are challenging their legality in several states [12] - There are concerns that Predictions could cannibalize the sportsbook business, but DraftKings reports minimal impact on handle, primarily affecting lower-margin users [13] Strategic Focus - DraftKings aims to leverage its technology stack for economic advantage, emphasizing internal modeling capabilities, trading infrastructure, and machine-learning expertise for real-time pricing and risk management [14] - The company is evolving from a single regulatory opening into an integrated ecosystem, expanding from daily fantasy sports to include sportsbook, iGaming, lottery offerings, and Predictions [15] - Management noted that operating leverage from previous investments in customer lifecycle management and marketing technology is beginning to yield significant returns [16] Financial Volatility - Despite nearing profitability, DraftKings' revenue remains variable, with sports outcomes significantly impacting quarterly results; a one-standard-deviation swing could alter revenue by approximately $150 million [17]
DraftKings Q4 Earnings & Revenues Miss Estimates, Stock Down
ZACKS· 2026-02-13 15:30
Key Takeaways DKNG missed Q4 earnings and revenue estimates despite 42.8% year-over-year sales growth.Monthly Unique Payers held at 4.8M, while ARPMUP jumped 43% on higher margins.DraftKings sees 2026 revenues of $6.5B-$6.9B and EBITDA of $700M-$900M.DraftKings Inc. (DKNG) reported fourth-quarter 2025 results with earnings and revenues missing the Zacks Consensus Estimate. Meanwhile, both earnings and revenues increased on a year-over-year basis. Following the results, shares of DKNG declined 14.1% in the a ...
道指开盘跌0.1%,标普500涨0.04%,纳指跌0.2%
Xin Lang Cai Jing· 2026-02-13 14:41
应用材料涨10.8%,公司上调业绩预期。Rivian涨25.1%,预计2026年交付量将激增53%。爱彼迎涨 6.3%,Q4预订额增速创两年新高。电视流媒体平台Roku涨15.8%,Rosenblatt将目标价上调至118 美 元,意味着可涨42%。Pinterest跌22.8%,Q4业绩逊预期。体育博彩运营商DraftKings跌12.0%,2026 年 收入展望不及预期。 来源:滚动播报 ...