DraftKings Inc. (DKNG) PT Raised to $51 at Benchmark, New Top Idea

DraftKings Inc. (DKNG) PT Raised to $65 at Needham

Needham analyst Bernie McTernan raised the price target on DraftKings Inc. (NASDAQ: DKNG) to $65.00 (from $60.00) while maintaining a Buy rating.

The analyst comments "We reiterate our Buy rating on DKNG shares and increase our PT to $65 using a higher target multiple.... More

DraftKings Inc. (DKNG) PT Raised to $60 at Canaccord Genuity

Canaccord Genuity analyst Michael Graham raised the price target on DraftKings Inc. (NASDAQ: DKNG) to $60.00 (from $54.00) while maintaining a Buy rating.... More

JMP Securities Reiterates Market Outperform Rating on DraftKings Inc. (DKNG)

JMP Securities analyst Jordan Bender reiterated a Market Outperform rating and $50.00 price target on DraftKings Inc. (NASDAQ: DKNG)

The analyst comments: "DraftKings 4Q not as bad as feared. DraftKings reported 4Q24 revenue of $1.393bn, increasing 13% YoY, exceeding lowered Street expectations following the unlucky... More

Stifel Reiterates Buy Rating on DraftKings Inc. (DKNG)

Stifel analyst Jeff Stantial reiterated a Buy rating and $48.00 price target on DraftKings Inc. (NASDAQ: DKNG)

The analyst comments: "DKNG reported Q4 Adj. EBITDA, nicely ahead of our model/Consensus. The impact from unfavorable late-Q4 outcomes was consistent with our analysis, with upside reflecting... More

After-hours movers: DraftKings, Roku, Twilio, Airbnb and more

After-hours movers:

DraftKings (NASDAQ: DKNG) rose 7% after results lifting guidance. DraftKings raised the midpoint of its fiscal year 2025 revenue guidance and now expects revenue in the range of $6.3 billion to $6.6 billion, compared to its previous guidance of $6.2 billion to $6.6 billion announced on November 7,... More

DraftKings (DKNG) Tops Q4 EPS by 15c; raises guidance

DraftKings (NASDAQ: DKNG) reported Q4 EPS of $0.14, $0.15 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $1.39 billion versus the consensus estimate of $1.39 billion.

GUIDANCE:

DraftKings sees FY2025 revenue of $6.3-6.6 billion, versus the consensus of $6.38... More

DraftKings (DKNG) call put ratio 3.5 calls to 1 put with a focus on February 14 weekly calls into quarter results

DraftKings (NASDAQ: DKNG) February 14 weekly call option implied volatility is at 196, February is at 85; compared to its 52-week range of 35 to 70 into the expected release of quarter results today after the bell. Call put ratio 3.5 calls to 1 put with a focus on February 14 weekly calls.

DraftKings (DKNG) call put ratio 4.2 calls to 1 put into quarter results

DraftKings (NASDAQ: DKNG) February 14 weekly 45.5 straddle priced for movement of 9% into the expected release of quarter results today after the bell. Call put ratio 4.2 calls to 1 put.

DraftKings (DKNG) in the money March 25 calls active into quarter results

DraftKings (NASDAQ: DKNG) February 14 weekly call option implied volatility is at 140, February is at 76; compared to its 52-week range of 35 to 70 into the expected release of quarter results after the bell on February 13. Call put ratio 1.9 calls to 1 put with a focus on March 25 calls.

DraftKings (DKNG) call put ratio 6 calls to 1 put with a focus on June 50 calls into quarter results

DraftKings (NASDAQ: DKNG) February 14 weekly 43.5 straddle priced for movement of 9% into the expected release of quarter results after the bell on February 13. Call put ratio 6 calls to 1 put with a focus on June 50 calls.