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Jim Cramer Says He Likes DraftKings Very Much
Yahoo Finance· 2025-10-31 13:41
DraftKings Inc. (NASDAQ:DKNG) is one of the stocks Jim Cramer recently discussed. A caller asked for Cramer’s opinion on the stock, and here’s what Mad Money’s host had to say: “Well, look, I happen to like DraftKings very much. Now, the problem is obviously that the people are beginning to worry whether gambling again is honest. I think gambling is honest. I think Jason Robins is honest. I think there’s always going to be dishonesty in fraud. Wherever you go, you can’t game fraud. It does occur, and I ju ...
Northland, Mizuho Cut DraftKings (DKNG) PT Amid Rising Competitive Threat from Prediction Markets
Yahoo Finance· 2025-10-17 15:21
Group 1: Company Overview - DraftKings Inc. operates as a digital sports entertainment and gaming company, providing online sports betting, daily fantasy sports, media, digital lottery courier, and retail sportsbooks [3] Group 2: Analyst Ratings and Price Targets - Northland lowered the price target on DraftKings to $30 from $33, maintaining an Underperform rating, citing competitive threats from prediction markets [1] - Mizuho reduced the price target to $54 from $58 while keeping an Outperform rating, indicating a need for lower estimates in the near and medium term [2] Group 3: Competitive Landscape - Significant funding rounds for competitors Kalshi and Polymarket indicate a growing competitive threat to sports betting companies, with Kalshi raising $300 million and Polymarket securing a $2 billion investment [1]