DraftKings Valuation: Assessing Analyst Support and New Product Launches

Wednesday, Dec 3, 2025 2:32 pm ET1min read

DraftKings (DKNG) has gained analyst support and launched new products, including a Spanish app and prediction market platform. Despite a 24.93% 1-year total shareholder return decline, the company's revenue is still growing. Analysts expect earnings to reach $1.3 billion by September 2028, with a fair value near the mid 40s, making it undervalued. However, rising state taxes and competition could challenge growth and slow re-rating.

DraftKings Valuation: Assessing Analyst Support and New Product Launches

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