DraftKings Inc. (DKNG) PT Raised to $57 at Citi

DraftKings Inc. (DKNG) PT Raised to $55 at BTIG

BTIG analyst Clark Lampen raised the price target on DraftKings Inc. (NASDAQ: DKNG) to $55.00 (from $53.00) while maintaining a Buy rating.

The analyst comments "This morning, we're updating our model for DraftKings and providing some additional commentary on the setup following last week's call. Post-print, our estimates for the year move higher and we believe the setup is conducive to positive revisions over the balance of the year with buy-side expectations for '25/26+ intact or up slightly. Stepping back from the model, there were also very bullish qualitative... More

DraftKings Inc. (DKNG) PT Raised to $54 at Barclays

Barclays analyst Brandt Montour raised the price target on DraftKings Inc. (NASDAQ: DKNG) to $54.00 (from $52.00) while maintaining a Overweight rating.... More

DraftKings Inc. (DKNG) PT Raised to $57 at Craig-Hallum

Craig-Hallum analyst Ryan Sigdahl raised the price target on DraftKings Inc. (NASDAQ: DKNG) to $57.00 (from $55.00) while maintaining a Buy rating.... More

DraftKings (DKNG) Tops Q1 EPS by 32c, provides guidance

DraftKings (NASDAQ: DKNG) reported Q1 EPS of $0.03, $0.32 better than the analyst estimate of ($0.29). Revenue for the quarter came in at $1.18 billion versus the consensus estimate of $1.12 billion.

GUIDANCE:

DraftKings sees FY 2024 revenue of $4.8 - $5.00 billion, versus the consensus of $4.819 billion. The... More

DraftKings (DKNG) May weekly option implied volatility into quarter results

DraftKings (NASDAQ: DKNG) May weekly call option implied volatility is at 243, May is at 85; compared to its 52-week range of 37 to 77 into the expected release of quarter results today after the bell.