DraftKings (DKNG) to Release Quarterly Earnings on Thursday

DraftKings (NASDAQ:DKNG) will likely be issuing its Q4 2025 results after the market closes on Thursday, February 12th. Analysts expect the company to announce earnings of $0.45 per share and revenue of $1.9586 billion for the quarter. Interested persons may visit the the company’s upcoming Q4 2025 earning results page for the latest details on the call scheduled for Friday, February 13, 2026 at 8:30 AM ET.

DraftKings (NASDAQ:DKNG) last posted its quarterly earnings results on Friday, November 7th. The company reported ($0.26) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.27). The firm had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.40 billion. DraftKings had a negative return on equity of 22.84% and a negative net margin of 4.90%.The business’s revenue was up 4.4% compared to the same quarter last year. During the same period last year, the company posted ($0.60) earnings per share. On average, analysts expect DraftKings to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

DraftKings Stock Up 1.8%

DraftKings stock opened at $27.23 on Thursday. DraftKings has a fifty-two week low of $25.73 and a fifty-two week high of $53.61. The firm has a market capitalization of $13.55 billion, a PE ratio of -47.77, a P/E/G ratio of 0.46 and a beta of 1.67. The company’s 50-day moving average is $33.35 and its 200-day moving average is $37.11. The company has a debt-to-equity ratio of 2.51, a current ratio of 1.10 and a quick ratio of 1.09.

Insider Buying and Selling at DraftKings

In other DraftKings news, insider R Stanton Dodge sold 52,777 shares of DraftKings stock in a transaction dated Tuesday, January 20th. The shares were sold at an average price of $32.01, for a total value of $1,689,391.77. Following the completion of the sale, the insider owned 500,000 shares in the company, valued at $16,005,000. The trade was a 9.55% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Gregory Westin Wendt bought 10,000 shares of the firm’s stock in a transaction on Tuesday, November 11th. The shares were acquired at an average price of $30.27 per share, for a total transaction of $302,700.00. Following the transaction, the director owned 10,000 shares in the company, valued at approximately $302,700. This represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders sold a total of 113,975 shares of company stock valued at $3,721,511 in the last three months. 51.19% of the stock is owned by insiders.

Hedge Funds Weigh In On DraftKings

Hedge funds have recently added to or reduced their stakes in the stock. Viking Global Investors LP acquired a new position in DraftKings in the 3rd quarter valued at $561,125,000. AQR Capital Management LLC increased its position in shares of DraftKings by 63.5% in the third quarter. AQR Capital Management LLC now owns 11,685,672 shares of the company’s stock worth $437,044,000 after purchasing an additional 4,538,007 shares during the period. Invesco Ltd. raised its stake in DraftKings by 3.3% in the third quarter. Invesco Ltd. now owns 4,096,135 shares of the company’s stock valued at $153,195,000 after purchasing an additional 131,812 shares in the last quarter. Raymond James Financial Inc. lifted its position in DraftKings by 0.3% during the third quarter. Raymond James Financial Inc. now owns 3,640,502 shares of the company’s stock worth $136,155,000 after purchasing an additional 10,375 shares during the period. Finally, Northern Trust Corp grew its stake in DraftKings by 3.0% during the third quarter. Northern Trust Corp now owns 2,717,406 shares of the company’s stock worth $101,631,000 after buying an additional 79,086 shares in the last quarter. Institutional investors own 37.70% of the company’s stock.

More DraftKings News

Here are the key news stories impacting DraftKings this week:

• Positive Sentiment: Super Bowl betting buzz is driving higher retail interest and short-term handle expectations for DraftKings; coverage also mentions controversy in prediction markets but the immediate market reaction has been to bid the stock on increased wagering activity. DraftKings stock rises amid Super Bowl betting buzz, prediction market controversy
• Positive Sentiment: Shares recovered from a 52-week low in recent trading and showed a premarket bounce, suggesting short-covering and dip-buying interest among investors. DraftKings Stock Recovers After Hitting 52-Week Low
• Neutral Sentiment: Canaccord lowered its price target from $54 to $50 but kept a “buy” rating, signaling continued long-term confidence despite trimming near-term assumptions — this is mixed for immediate price momentum. Canaccord price-target change
• Neutral Sentiment: Elevated search and screening activity (Zacks note) shows the stock is drawing investor attention, which can amplify volatility but doesn’t by itself change fundamentals. Investors Heavily Search DraftKings
• Negative Sentiment: Large institutional selling: Cathie Wood/ARK sold about $21M of DraftKings shares, which puts upward pressure on supply and can weigh on near-term sentiment. The same article notes a separate Nevada lawsuit against Coinbase over sports contracts — a reminder of regulatory/legal risk in the sports-betting ecosystem. Nevada sues Coinbase; Cathie Wood sells DraftKings
• Negative Sentiment: Analyst downgrade: Truist cut DraftKings from “strong-buy” to “hold,” reducing conviction from a segment of sell-side coverage and likely damping near-term momentum. Truist downgrade / Zacks

Analyst Ratings Changes

DKNG has been the topic of a number of recent analyst reports. Wells Fargo & Company began coverage on DraftKings in a research report on Tuesday, November 18th. They set an “equal weight” rating and a $31.00 price target on the stock. Needham & Company LLC reissued a “buy” rating and set a $52.00 target price on shares of DraftKings in a report on Wednesday, November 19th. Sanford C. Bernstein dropped their price target on DraftKings from $50.00 to $41.00 and set an “outperform” rating on the stock in a research note on Monday, November 10th. Susquehanna set a $44.00 price objective on shares of DraftKings in a research report on Tuesday, January 27th. Finally, Texas Capital upgraded shares of DraftKings to a “hold” rating in a report on Thursday, January 8th. Twenty-three equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $46.10.

DraftKings Company Profile

DraftKings Inc is a leading digital sports entertainment and gaming company specializing in daily fantasy sports, sports betting and iGaming products. The company provides an integrated platform where users can participate in daily fantasy contests, place wagers on professional sports events, and enjoy a range of online casino-style games. DraftKings’ proprietary technology supports real-time odds, live scoring and advanced analytics to enhance the user experience across mobile and desktop applications.

Founded in 2012 by co-founders Jason Robins, Matthew Kalish and Paul Liberman, DraftKings began as a daily fantasy sports provider and rapidly expanded into regulated sports betting following legislative changes in the United States.