DraftKings (DKNG) Set to Post Earnings on Thursday

Posted by George Bondi on Oct 29th, 2026

DraftKings (NASDAQ:DKNG – Get Free Report) is expected to be releasing its Q3 2026 results after the market closes on Thursday, November 5th. Analysts expect DraftKings to post earnings of ($0.3861) per share and revenue of $1.40 billion for the quarter. Investors can find conference call details on the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Friday, November 6, 2026 at 8:30 AM ET.

DraftKings (NASDAQ:DKNG – Get Free Report) last posted its quarterly earnings data on Friday, August 7th. The company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.07. DraftKings had a negative return on equity of 11.26% and a negative net margin of 2.68%. The firm had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.51 billion. During the same quarter in the previous year, the company earned $0.30 EPS. The business’s revenue for the quarter was down 4.6% compared to the same quarter last year. On average, analysts expect DraftKings to post $0.36 EPS for the current fiscal year and $1.21 EPS for the next fiscal year.

DraftKings Price Performance

DKNG stock opened at $20.30 on Thursday. DraftKings has a one year low of $18.35 and a one year high of $36.98. The firm has a 50-day moving average of $22.04 and a two-hundred day moving average of $24.50. The firm has a market capitalization of $10.08 billion, a PE ratio of -53.42, a P/E/G ratio of 2.36 and a beta of 1.61. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 3.22.

Analyst Upgrades and Downgrades

Several analysts have issued reports on DKNG shares. Deutsche Bank Aktiengesellschaft boosted their target price on shares of DraftKings from $26.00 to $28.00 and gave the company a “hold” rating in a research note on Thursday, July 9th. Stifel Nicolaus dropped their price objective on DraftKings from $36.00 to $32.00 and set a “buy” rating on the stock in a report on Monday. Truist Financial dropped their price target on shares of DraftKings from $29.00 to $26.00 and set a “buy” rating on the stock in a research note on Tuesday, October 20th. BTIG Research dropped their price target on shares of DraftKings from $30.00 to $25.00 and set a “buy” rating on the stock in a research note on Thursday, October 1st. Finally, Zacks Research downgraded shares of DraftKings from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 13th. One investment analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, six have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $32.98.

View Our Latest Research Report on DKNG

Insider Buying and Selling at DraftKings

In related news, Director Jocelyn Moore sold 10,759 shares of the company’s stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $24.05, for a total value of $258,753.95. Following the completion of the transaction, the director directly owned 1,881 shares of the company’s stock, valued at approximately $45,238.05. This represents a 85.12% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 47.18% of the stock is currently owned by insiders.

About DraftKings

(Get Free Report)

DraftKings Inc is a digital sports entertainment and gaming company that operates online and mobile platforms for sports betting, casino gaming and daily fantasy sports. Its offerings include the DraftKings Sportsbook, DraftKings Casino and daily fantasy contests covering a range of professional and collegiate sports.

The company also provides related entertainment and media content through DraftKings Network, along with free-to-play games, promotions and other interactive products designed to complement its sports and gaming platforms.