Group 1 - BofA analyst Shaun C. Kelley reiterated a Buy rating on DraftKings Inc. (DKNG) with a price forecast of $60.00 [1] - DraftKings is expected to face scrutiny on its 2025 guidance and betting volume momentum ahead of its first-quarter earnings report scheduled for May 8 [1] - The first-quarter EBITDA projections have been reduced to $120 million from $149 million due to lower hold during March Madness [1] Group 2 - The full-year outlook remains intact, supported by a strong Super Bowl performance, but a ban on Texas Jackpocket could pose a $30 million EBITDA risk [2] - Market-wide same-state sports betting handle growth slowed to 9% year-over-year in Q1 2025, down from 11% in Q4 and 23% in Q3 [3] - The deceleration in growth and the rise of prediction markets have created uncertainty around DraftKings' forecast for mid-to-high teens growth [3] Group 3 - DraftKings' 2025 EBITDA forecast of $900 million to $1 billion currently excludes potential impacts from Missouri's sports betting rollout, possible state tax hikes, and the recent shutdown of Jackpocket in Texas [4] - The company might revise its revenue and EBITDA guidance downward by $50 million and $30 million, respectively, due to the Jackpocket situation [4] - New taxes in states like New Jersey, Maryland, and North Carolina could pose a $60 million challenge, while Missouri's delayed launch may add $35 million [5] Group 4 - DKNG shares closed higher by 3.18% to $33.47 on Tuesday [5]