DraftKings Reports Third Quarter Revenue Growth of 39% to $1,095 Million; Introduces Fiscal Year 2025 Revenue Guidance of $6.2 Billion to $6.6 Billion and Reiterates Fiscal Year 2025 Adjusted EBITDA G

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Go back to DraftKings Reports Third Quarter Revenue Growth of 39% to $1,095 Million; Introduces Fiscal Year 2025 Revenue Guidance of $6.2 Billion to $6.6 Billion and Reiterates Fiscal Year 2025 Adjusted EBITDA G

Goldman Sachs Reiterates Buy Rating on DraftKings Inc. (DKNG)

November 11, 2024 5:41 AM EST

Goldman Sachs analyst Ben Miller reiterated a Buy rating and $57.00 price target on DraftKings Inc. (NASDAQ: DKNG).

The analyst comments "In its Q324 earnings report, DraftKings (DKNG) management highlighted a few key themes: 1) efficient customer acquisition continued in Q3; 2) Q4 guidance was negatively impacted by the most customer-friendly stretch of... More

DraftKings Inc. (DKNG) PT Raised to $33 at Deutsche Bank

November 8, 2024 1:00 PM EST

Deutsche Bank analyst Carlo Santarelli raised the price target on DraftKings Inc. (NASDAQ: DKNG) to $33.00 (from $32.00) while maintaining a Hold rating.

The analyst comments "...we continue to view DKNG as a narrative / theme stock, which, often changes on a dime, and we don't,... More

CFRA Upgrades DraftKings Inc. (DKNG) to Strong Buy

November 8, 2024 10:15 AM EST

CFRA analyst Zachary Warring upgraded DraftKings Inc. (NASDAQ: DKNG) from Buy to Strong Buy with a price target of $46.00 (from $42.00).

The analyst comments "We raise our 12-month price target by $4 to $46, based on 3.6x our 2025 revenue estimate and in line with the company's three-year... More