Core Insights - DraftKings Inc. is prioritizing artificial intelligence (AI) as a key area for investment, expecting it to enhance efficiency and reduce costs leading into 2026 [1][4] - AI is anticipated to start generating cost reductions as early as next year, with some benefits expected to contribute directly to 2026 [2] - The company is adopting a more disciplined spending approach in its established business lines, allowing for a shift of resources towards AI initiatives [3] Investment Focus - DraftKings is intensifying its investment in AI while reducing incremental spending in mature OSB and iGaming markets [7] - The company views automation as a long-term driver for improving operational leverage and supporting profitability [7] Financial Performance - DraftKings' shares have decreased by 30.8% over the past three months, compared to a 10.4% decline in the industry [5] - The stock is currently trading at a forward price-to-sales (P/S) multiple of 2.30, which is below the industry average of 2.71 [9] - The Zacks Consensus Estimate for DraftKings' 2026 earnings per share has been revised down from $2.06 to $1.54 [10] Earnings Projections - The company is projected to experience a 100.4% surge in earnings in 2026, while competitors like Accel Entertainment and Boyd Gaming are expected to see increases of 13.4% and 7.1%, respectively [13]