Added to YB: 2025-10-06
Pitch date: 2025-10-02
DKNG [neutral]
DraftKings Inc.
-2.01%
current return
Author Info
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Company Info
DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally.
Market Cap
$14.7B
Pitch Price
$35.25
Price Target
N/A
Dividend
N/A
EV/EBITDA
-759.45
P/E
-54.57
EV/Sales
2.82
Sector
Hotels, Restaurants and Leisure
Category
N/A
More Problems at DraftKings (DKNG)
DKNG (update - bearish): Bear Cave warns prediction markets (Kalshi, Polymarket) pose major threat to DraftKings' duopoly. Prediction markets offer better odds, more liquidity, unrestricted betting vs traditional sportsbooks. Kalshi parlays already outperforming DKNG payouts. Early adopters migrating from DKNG to prediction platforms. Clay Travis: 'Prediction markets going to replace much gambling company volumes.'
Read full article (5 min)