DraftKings (DKNG) to Release Quarterly Earnings on Thursday

DraftKings (NASDAQ:DKNG) is expected to be posting 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. Parties 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 announced its quarterly earnings data on Friday, November 7th. The company reported ($0.26) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.27). DraftKings had a negative net margin of 4.90% and a negative return on equity of 22.84%. The business had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.40 billion. During the same quarter in the prior year, the company earned ($0.60) earnings per share. The company’s quarterly revenue was up 4.4% on a year-over-year basis. On average, analysts expect DraftKings to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

DraftKings Price Performance

Shares of DKNG stock opened at $27.23 on Thursday. The firm’s 50 day moving average price is $33.35 and its two-hundred day moving average price is $37.11. The company has a debt-to-equity ratio of 2.51, a quick ratio of 1.09 and a current ratio of 1.10. DraftKings has a 52-week low of $25.73 and a 52-week high of $53.61. The stock has a market cap of $13.55 billion, a PE ratio of -47.77, a PEG ratio of 0.46 and a beta of 1.67.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. Canaccord Genuity Group reduced their price target on DraftKings from $54.00 to $50.00 and set a “buy” rating on the stock in a research report on Tuesday. Truist Financial cut DraftKings from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Bank of America cut DraftKings from a “buy” rating to a “neutral” rating and lowered their price target for the company from $48.00 to $35.00 in a research note on Tuesday, November 4th. Citigroup initiated coverage on shares of DraftKings in a research report on Friday, November 21st. They issued a “buy” rating and a $48.00 price target on the stock. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of DraftKings in a report on Wednesday, January 21st. Twenty-three analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $46.10.

Key Stories Impacting DraftKings

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

Insider Activity at DraftKings

In related news, insider R Stanton Dodge sold 52,777 shares of the company’s stock in a transaction on 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 transaction, the insider directly owned 500,000 shares of the company’s stock, valued at approximately $16,005,000. This represents a 9.55% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Harry Sloan bought 25,000 shares of the stock in a transaction on Tuesday, November 11th. The shares were purchased at an average price of $30.30 per share, with a total value of $757,500.00. Following the acquisition, the director owned 249,712 shares in the company, valued at approximately $7,566,273.60. This represents a 11.13% increase in their position. The SEC filing for this purchase provides additional information. In the last three months, insiders sold 113,975 shares of company stock worth $3,721,511. Corporate insiders own 51.19% of the company’s stock.

Institutional Trading of DraftKings

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

About DraftKings

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.