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Stifel Sees Sportradar (SRAD) as Buy Amid Rational Sports Betting Duopoly
Yahoo Finance· 2026-01-30 07:07
Sportradar Group AG (NASDAQ:SRAD) ranks among the best high growth European stocks to buy. Stifel began coverage of ​Sportradar Group AG (NASDAQ:SRAD) with a Buy rating and a $28 price target on January 21. Stifel believes Sportradar’s dominant scale and portfolio variety position it well against rivals for new rights, even though the company remains in the early phases of upselling consumers to higher profit and value products. Pixabay/Public Domain The firm emphasizes that the online sports betting in ...
Stifel Initiates Hold on Genius Sports (GENI) as “Picks & Shovels” Model Strengthens Industry Position
Yahoo Finance· 2026-01-30 07:07
Genius Sports Limited (NYSE:GENI) ranks among the best high growth European stocks to buy. On January 21, Stifel began coverage of Genius Sports Limited (NYSE:GENI) with a Hold rating and a $10 price target, citing the company’s “attractive ‘picks & shovels’ model” in the online sports betting industry, as well as its recurring revenues, solid net revenue retention, wide moat, and financial potential. Although investors have long been concerned about competition for data rights, Stifel said that the indu ...
DraftKings: Why The House Stands To Win In A Catalyst-Rich 2026
Seeking Alpha· 2026-01-18 13:30
Core Viewpoint - The current valuation of DraftKings Inc. (DKNG) presents a favorable risk/reward profile for investors seeking exposure to online sports betting, particularly with the upcoming Super Bowl event [1]. Group 1: Company Analysis - DraftKings Inc. is highlighted as a key player in the online sports betting (OSB) market, especially as the Super Bowl approaches [1]. - The article emphasizes the potential for investment in undervalued companies, leveraging the author's experience in financial markets and institutions [1]. Group 2: Market Context - The article suggests that the Super Bowl season is a significant period for online sports betting operators, indicating a potential increase in market activity and investor interest [1].
DraftKings Stock: Why The House Stands To Win In A Catalyst-Rich 2026 (NASDAQ:DKNG)
Seeking Alpha· 2026-01-18 13:30
Core Viewpoint - The current valuation of DraftKings Inc. (DKNG) presents a favorable risk/reward profile for investors seeking exposure to online sports betting, particularly with the upcoming Super Bowl [1] Group 1: Company Analysis - DraftKings Inc. is highlighted as a key player in the online sports betting industry, especially as the Super Bowl approaches [1] - The article emphasizes the potential for investment in undervalued companies within the sports betting sector, leveraging the author's experience in financial markets [1] Group 2: Industry Context - The online sports betting industry is experiencing a peak season with the Super Bowl, creating opportunities for operators like DraftKings [1]
Got $1,000? 3 Stocks to Buy While They're on Sale.
The Motley Fool· 2026-01-08 10:35
Group 1: MercadoLibre - MercadoLibre has faced challenges recently, with its stock price significantly below its July peak despite a recent uptick [2] - The company reported a third-quarter revenue of $7.4 billion, reflecting a nearly 40% year-over-year growth, but per-share profits only increased from $7.83 to $8.32 [4] - The strategy of offering free shipping has temporarily impacted profitability but is expected to attract long-term customers [5] - Most of MercadoLibre's revenue is generated from Brazil, Mexico, and Argentina, and recent economic changes in Venezuela may present new opportunities [6] Group 2: Chewy - Chewy operates as an online pet supply store, catering to the 94 million U.S. households with pets [8] - The company has a market cap of $13 billion and is currently down over 30% from its June high [9] - In the last quarter, Chewy's revenue reached $3.1 billion, with 84% coming from customers subscribed to recurring deliveries [11] - Chewy's customer base grew by nearly 1 million year-over-year, totaling over 21.1 million, indicating strong customer retention [12] Group 3: DraftKings - DraftKings is a sports-wagering platform that has seen its stock decline over 30% from its February high and is about 50% below its pandemic peak [13] - The company anticipates reporting revenue of approximately $6 billion for fiscal 2025, a 25% increase from the previous year [16] - The global online sports-betting market is projected to grow at an average annual rate of 12.6% through 2034, with the U.S. being a significant contributor [17] - Recent stock weakness is attributed to increased competition and a reduction in revenue guidance, but DraftKings maintains strong brand recognition and partnerships with major sports entities [19]
DraftKings Launches Prediction Markets: Analysts Eye 30% Upside
Yahoo Finance· 2025-12-30 18:19
Core Insights - DraftKings has seen a significant increase in its stock value, with shares rising over 200% over the past three years, but recent competition from prediction markets has raised investor concerns [2] - The launch of DraftKings Predictions aims to counteract the competitive threat posed by platforms like Robinhood and Kalshi, which have gained traction in the prediction market space [3][5] - Despite a recent drop in share price, analysts on Wall Street see potential for significant upside in DraftKings' stock due to its expansion into prediction markets [6] Company Developments - DraftKings' shares experienced a nearly 12% drop on September 30, following announcements from Robinhood regarding the trading of over 2 billion prediction event contracts in Q3 and Kalshi's introduction of parlay-style bets targeting DraftKings' revenue streams [4] - The introduction of the prediction markets platform allows DraftKings to expand its customer base significantly, reaching 38 states compared to the 26 jurisdictions where it currently offers online sports betting [5] Market Context - The emergence of prediction markets has created a competitive landscape that could potentially divert customers from established players like DraftKings, raising concerns among investors [2][5] - Legal challenges may pose risks to the success of prediction markets, but DraftKings is positioned to mitigate some of these impacts [6]
DraftKings Adds Spanish-Language App: Unlocking a New Growth Channel?
ZACKS· 2025-12-30 16:10
Core Insights - DraftKings Inc. (DKNG) is launching a Spanish-language version of its platform to engage a growing customer base in the U.S. gaming market, particularly ahead of the 2026 World Cup, which is expected to drive new betting activity among Spanish-speaking sports fans [1][2][3] Group 1: Strategic Initiative - The Spanish-language platform aims to cater to the increasing demand from Hispanic audiences, enhancing customer acquisition and engagement in states with large Hispanic populations [2][3] - This initiative positions DraftKings to gain a first-mover advantage over competitors who have not focused on language-specific platforms, potentially leading to significant user growth during major sporting events [3][4] Group 2: Market Performance - DraftKings shares have decreased by 17.7% over the past six months, contrasting with a 0.8% decline in the industry, while competitors like Melco Resorts & Entertainment and Boyd Gaming have shown varied performance [5][8] - Currently, DraftKings is trading at a forward 12-month price-to-sales ratio of 2.36, which is higher than Melco Resorts & Entertainment at 0.62 and Boyd Gaming at 1.72 [8] Group 3: Financial Estimates - The Zacks Consensus Estimate for DraftKings' earnings for 2025 and 2026 has seen a significant decline in the past 60 days, indicating potential challenges ahead [11][13]
Robinhood’s NFL Parlay Push Could Turn Prediction Markets Into a Real Revenue Engine
Yahoo Finance· 2025-12-26 22:34
Robinhood app displays sports betting odds on a smartphone, highlighting its 2025 push to challenge DraftKings and FanDuel. Key Points Robinhood has announced that it is expanding its prediction markets feature to include NFL prop bets and parlays.  The stock is up nearly 205% this year, but that momentum could carry into 2026 as more users are drawn to the app and away from competitors like DraftKings and FanDuel. Despite those gains, analysts still see more than 14% potential upside for HOOD over the ...
Meridianbet (GMGI) Launches Proprietary Flash Bet Instant Sports Simulation Feature
Globenewswire· 2025-12-26 15:08
VALLETTA, Malta and LAS VEGAS, Dec. 26, 2025 (GLOBE NEWSWIRE) -- Meridianbet, the sports betting operator and subsidiary of Golden Matrix Group Inc. (NASDAQ: GMGI), announces the launch of Flash Bet, a proprietary instant sports simulation feature that enables players to simulate real sports event outcomes with results delivered in seconds. Flash Bet allows players to place bets on simulated outcomes of actual sporting events with adjustable simulation speeds and real-time animated results. Flash Bet differ ...
Is DraftKings' Product-Led Parlay Growth Driving Better Economics?
ZACKS· 2025-12-22 18:01
Key Takeaways DraftKings' NFL and NBA parlay mix rose nearly 800 bps and 1,000 bps YTD, driving a higher-value bet mix.Product enhancements and improved promo efficiency are pushing net revenue margin toward a 400 bps expansion.Handle growth is supported by stronger retention and rising parlay adoption across the customer base.DraftKings Inc. (DKNG) continues to make measurable progress in strengthening the underlying economics of its Sportsbook business, an area that has remained central to investor debate ...