Core Insights - The online sports betting operator experienced a 43% increase in sales during the fourth quarter [1] - The company announced ambitious investment plans for its prediction markets platform [1] Sales Performance - The operator reported a significant 43% jump in sales in the fourth quarter [1] Investment Plans - The company shared plans for substantial investments aimed at enhancing its prediction markets platform [1]

Core Insights - DraftKings reported a record revenue of $1,989 million for Q4 2025, a 43% increase from $1,393 million in Q4 2024, driven by strong customer engagement and higher Sportsbook net revenue margin [2][3] - The company achieved positive net income for fiscal year 2025, with total revenue exceeding $6 billion, marking a 27% increase from the previous year [3] - DraftKings plans to invest in its DraftKings Predictions product to enhance customer experience and acquire new users [3] Financial Performance - Q4 2025 revenue was $1,989 million, up $596 million or 43% year-over-year [2] - Fiscal year 2025 revenue reached over $6 billion, a 27% increase compared to fiscal year 2024 [3] - Adjusted EBITDA for Q4 2025 was $343,202 thousand, compared to $89,454 thousand in Q4 2024 [17] Customer Metrics - Monthly Unique Payers (MUPs) remained stable at 4.8 million in Q4 2025, with a 5% increase when excluding Jackpocket [7] - Average Revenue per MUP (ARPMUP) was $139 in Q4 2025, reflecting a 43% increase from the same period in 2024 [7] Future Guidance - DraftKings provided fiscal year 2026 revenue guidance of $6.5 billion to $6.9 billion and Adjusted EBITDA guidance of $700 million to $900 million [7] - The guidance reflects expected investments in DraftKings Predictions and new jurisdiction launches [7] Market Presence - DraftKings operates mobile sports betting in 26 states and Washington, D.C., covering approximately 52% of the U.S. population [7] - The company is also active in iGaming in 5 states, representing about 11% of the U.S. population [7]

Core Viewpoint - FanDuel will stop accepting credit card deposits for sports betting in the U.S. effective March 2, following a similar decision by DraftKings, aimed at improving the deposit experience for customers [1][2]. Company Actions - FanDuel's decision to remove credit cards as a payment option has been in consideration for several months, and it is part of a broader evaluation of payment methods offered to customers [2]. - The company stated that the change is intended to enhance the deposit experience for users [2]. Industry Context - The sports betting industry is under scrutiny, with Senator Elizabeth Warren advocating for a ban on credit card usage in sports betting, highlighting the high costs associated with credit card transactions [4][5]. - FanDuel and DraftKings together account for over 70% of the online sports betting market in the U.S., indicating that this policy change could significantly impact the industry [2][5]. Financial Implications - Bets placed with credit cards incur higher costs due to fees classified as cash advances, which can be $10 or 3-5% of the amount advanced, whichever is greater [3]. - Several states, including Massachusetts, Iowa, Tennessee, Rhode Island, Oregon, and Vermont, already prohibit the use of credit cards for online sports betting [3].

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Core Viewpoint - DraftKings Inc is set to report its fourth-quarter results, which may highlight both the potential and challenges of prediction markets in the sports betting industry [1] DraftKings Q4 Earnings Estimates - Analysts project DraftKings' Q4 revenue to reach $1.99 billion, an increase from $1.39 billion in Q4 2024 [2] - Expected earnings per share for Q4 are 38 cents, up from 14 cents per share in the same quarter last year [2] - The company has missed revenue estimates in six of the last ten quarters, including Q3, but has beaten earnings estimates in nine of the last ten quarters [2] Analyst Ratings and Price Targets - Bank of America views DraftKings favorably compared to competitors, particularly due to a lower betting handle on the Seattle Seahawks [3] - Recent analyst ratings include: - Canaccord Genuity: Buy rating, price target lowered from $54 to $50 - Stifel: Buy rating, price target lowered from $46 to $44 - Guggenheim: Buy rating, price target lowered from $45 to $42 - Morgan Stanley: Overweight rating, price target raised from $50 to $53 [8] Key Items to Watch in DraftKings Q4 Results - The focus during the conference call will likely be on prediction markets, as DraftKings is among several firms entering this space [4] - The results will be analyzed in the context of the recent Super Bowl, with insights expected on betting handle and new customer acquisition [5] - The company may discuss its DraftKings Prediction platform and a partnership with Crypto.com to enhance consumer offerings [6] Stock Price Action - DraftKings stock has decreased by 3.4% to $26.21, with a year-to-date decline of 26.5% and a 39.6% drop over the last 52 weeks [10]

Core Viewpoint - DraftKings Inc is set to report its fourth-quarter results, which may highlight both the potential and challenges of prediction markets in the sports betting industry [1] DraftKings Q4 Earnings Estimates - Analysts project DraftKings' Q4 revenue to reach $1.99 billion, an increase from $1.39 billion in Q4 2024 [2] - Expected earnings per share for Q4 are 38 cents, up from 14 cents per share in the same quarter last year [2] - The company has missed revenue estimates in six of the last ten quarters, including Q3, but has beaten earnings estimates in nine of the last ten quarters [2] Analyst Ratings and Price Targets - Bank of America views DraftKings favorably compared to competitors, particularly due to a lower betting handle on the Seattle Seahawks [3] - Recent analyst ratings include: - Canaccord Genuity: Maintained Buy rating, lowered price target from $54 to $50 [8] - Stifel: Maintained Buy rating, lowered price target from $46 to $44 [8] - Guggenheim: Maintained Buy rating, lowered price target from $45 to $42 [8] - Morgan Stanley: Maintained Overweight rating, raised price target from $50 to $53 [8] Key Items to Watch in DraftKings Q4 Results - The focus during the conference call will likely be on prediction markets, as DraftKings is among several firms entering this space [4] - The results will be analyzed in the context of the recent Super Bowl LX, although its outcomes will not directly impact this quarter [5] - Investors will be interested in insights regarding betting handle, customer acquisition, and the performance of the DraftKings Prediction platform [6][9] DraftKings Stock Price Action - DraftKings stock has decreased by 3.4% to $26.21, with a year-to-date decline of 26.5% and a 39.6% drop over the past 52 weeks [10]

Core Viewpoint - DraftKings Inc is preparing for its fourth-quarter earnings report, with expectations of increased earnings and revenue compared to the previous year [1] Group 1: Earnings Expectations - DraftKings is anticipated to report earnings of 50 cents per share on revenue of $1.99 billion, marking an increase from the same quarter last year [1] - The company has historically seen positive post-earnings movements, finishing five of its last eight sessions higher, including an 8.6% increase in November [2] Group 2: Stock Performance - Despite the rise in sports betting, DraftKings stock has declined nearly 24% since the beginning of the year, hitting a two-year low of $25.01 on February 5 [3] - The stock was last observed at $26.28, down 3.1%, and has struggled to surpass resistance at the $37.50 level [3] Group 3: Market Dynamics - Short interest in DraftKings represents 7.8% of the stock's available float, indicating potential buying power in the event of a positive earnings report [4] - The stock's 14-day relative strength index (RSI) is at 27.7, indicating it is in "oversold" territory [4]

Group 1 - Agnico Eagle Mines Limited (NYSE:AEM) is recognized as the second-largest gold miner globally, with a strong emphasis on its positive attributes in the current market environment [1][2] - The company primarily operates in Canada, which is considered a stable and developed country for mining operations, enhancing its appeal compared to other gold mining companies [2] - The supply of gold is growing at a slower rate than expected, with only a 1% annual increase from miners, indicating a potential scarcity in the market [2] Group 2 - The price of gold has recently surpassed $5,400 per ounce, suggesting a bullish outlook for gold investments [2] - Agnico Eagle, along with Barrick Gold, has seen significant stock price increases, reflecting strong market performance [2] - The commentary from investment analysts highlights the importance of holding gold stocks as a hedge against market volatility, especially in light of the underperformance of cryptocurrencies like Bitcoin [1][2]

RT Crypto.com Research & Insights (@cryptocom_rni)Crypto Market Pulse:🔼 ETH saw accumulation by larger investors despite recent price weakness✨@cryptocom launched prediction market experience OG🤝 DraftKings to expand prediction markets catalog with @cryptocomThe details 👇https://t.co/CzrcR7CHMB https://t.co/kRF9iDbL8u ...

I analyze securities based on value investing, an owner's mindset, and a long-term horizon. I don't write sell articles, as those are considered short theses, and I never recommend shorting.I was initially interested in a career in politics, but after reaching a dead-end in 2019 and seeing the financial drain this posed, I choose a path that would make my money work for me and protect me from more setbacks. This brought me to study value investing, in order to grow wealth with risk management in mind.From 2 ...