Predictions
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X @BNB Chain
BNB Chain· 2026-03-20 12:56
RT Trust Wallet (@TrustWallet)Introducing: @predictdotfun in Trust Wallet’s Predictions 🔮Make onchain predictions on @BNBCHAIN, with the ability to earn DeFi yield on your stack.Update your app → Trade → Predictions: https://t.co/VHh3snlsip https://t.co/0UwzZBfPj1 ...
X @Coinbase 🛡️
Coinbase 🛡️· 2026-03-19 22:10
Traders are pricing in a 99% chance that Michigan beats Howard in tonight's madness game.Every moment is a market with Predictions on Coinbase. ...
X @Trust Wallet
Trust Wallet· 2026-03-18 14:25
Introducing: @predictdotfun in Trust Wallet’s Predictions 🔮Make onchain predictions on @BNBCHAIN, with the ability to earn DeFi yield on your stack.Update your app → Trade → Predictions: https://t.co/VHh3snlsip https://t.co/0UwzZBfPj1 ...
X @Coinbase 🛡️
Coinbase 🛡️· 2026-03-16 14:14
Traders are currently split on where it closes today, with a 50/50 shot that it's above $74,250.There's a market for everything with Predictions on Coinbase. https://t.co/eBezX2JS2Y ...
DraftKings Stock Is Surging Among A Weaker Market
Benzinga· 2026-03-03 20:19
Core Viewpoint - DraftKings Inc (NASDAQ:DKNG) shares are experiencing a surge amidst a generally declining market, driven by positive analyst upgrades and a strong long-term growth outlook [1][2]. Analyst Optimism - Multiple firms have reiterated bullish ratings on DraftKings, contributing to the stock's upward momentum. BMO Capital raised its price target from $42 to $50 while maintaining an Outperform rating. Citizens set a target of $38 with a Market Outperform rating, and Needham and BTIG both reiterated Buy ratings with $35 targets [2]. Long-term Growth Story - BMO highlighted DraftKings' Investor Day outlook, projecting a 15% five-year CAGR for the total addressable market, reaching approximately $67.5 billion. The firm anticipates long-term adjusted EBITDA margins exceeding 30%. DraftKings plans to integrate its Sportsbook, iGaming, and Predictions products into a single Super App to enhance cross-selling and reduce customer acquisition costs [3]. Prediction Markets Potential - Analysts see significant long-term potential in prediction markets, estimating they could generate around $10 billion in gross revenue with margins between 60% and 80%, surpassing the company's sportsbook margins. DraftKings has maintained solid fundamentals, with gross profit margins of 76% over the past year. BMO reiterated the stock as a Top Pick, noting its attractiveness at roughly 10× expected 2027 adjusted EBITDA [4]. Technical Picture - DraftKings is showing a mixed technical picture, trading above the 20-day simple moving average (SMA) but below longer-term averages, indicating short-term strength while highlighting ongoing struggles with the 50-day, 100-day, and 200-day SMAs, which suggest a bearish trend overall [5]. Relative Strength Index and MACD - The relative strength index (RSI) is at 38.34, indicating a neutral position, while the MACD is above its signal line, suggesting bullish momentum. However, caution is advised as this bullish signal may be short-lived given the overall bearish trend [6]. Support and Resistance Levels - DraftKings has a crucial support level at $21.00; a drop below this could indicate further downside. Conversely, breaking above the 50-day SMA near $29.85 may signal a potential trend reversal [7]. Death Cross and Market Position - A death cross occurred in October when the 50-day SMA crossed below the 200-day SMA, marking a significant bearish signal. This crossover has contributed to the ongoing downtrend, and the stock has declined by 40.30% over the past 12 months, indicating it is in a corrective phase [8][9]. Current Price Action - As of the latest publication, DraftKings shares were up 3.06% at $24.55, reflecting a position at 13.8% of its 52-week range, closer to its low of $21.01 than its high of $48.78, suggesting bearish sentiment [10].
Barclays Reiterates Overweight on DraftKings After Super App Launch
Financial Modeling Prep· 2026-03-03 20:02
Core Viewpoint - Barclays maintains an Overweight rating and a $37 price target on DraftKings Inc., emphasizing the launch of a new "Super App" that consolidates all product offerings into a single platform [1] Group 1: Super App Features - The Super App integrates online sports betting (OSB), iGaming, daily fantasy sports (DFS), lottery, and a new Predictions product under one account and wallet structure, aiming for a seamless user experience [2] - The integration of the Predictions product into existing OSB and iGaming platforms will occur in the coming weeks without requiring a new app download, with a transition to a single wallet structure expected by late Q2 [3] Group 2: Marketing and User Engagement - Marketing efforts for the Predictions product are anticipated to ramp up in the first half of the year as product enhancements are introduced, although no marketing has commenced yet [3] - Standalone apps like DKCasino will still be available, with the strategy regarding the balance between standalone apps and the Super App yet to be determined [4] Group 3: Market Strategy and Integration - DraftKings' strategy in the sports prediction market focuses on vertical integration, utilizing proprietary pricing, trading capabilities, and sports-focused customer insights to enhance unit economics [5] - The company plans to vertically integrate various prediction market components by 2026, including market making, clearinghouse, designated contract market (DCM), futures commission merchant (FCM), and introducing broker functions [5] Group 4: Market Making Innovation - DraftKings aims to lead in request-for-quote and combination-bet innovation through its parlay and modeling capabilities [6]
X @Trust Wallet
Trust Wallet· 2026-02-25 16:45
Swap. Perps. Predictions. Meme Rush.Now one tap away in Trust Wallet → https://t.co/NIFO8gWSN4 ...
DraftKings(DKNG) - 2025 Q4 - Earnings Call Presentation
2026-02-13 13:30
FY 2025 EARNINGS PRESENTATION February 12, 2026 | 1 Legal Disclaimer Forward-Looking Statements This presentation contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, including statements about DraftKings Inc. ("DraftKings", the "Company", "we", "us", and "our") and its industry that involve substantial risks and uncertainties. All statements, other than statements of historical fac ...