With 496.34M Outstanding Shares, Can DraftKings Inc (NASDAQ: DKNG) Deliver Big Short-Term Gains?

DraftKings Inc (NASDAQ:DKNG) currently has a daily average trading volume of 10.74M but it saw 8353868 shares traded in last market. With a market cap of 37.56B USD, the company’s current market price of $42.23 came falling about -1.19 while comparing to the previous closing price of $42.74. In past 52 weeks, the stock remained buoying in the range of price level as high as $53.61 and as low as $28.69.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the JP Morgan which initiated the stock as “Overweight” in its note to investors issued on June 23, 2025, recommending a price target of $50 for it. BTIG Research issued its recommendations for the stock as it reiterated the price target for the stock in the range of between $64 and $52.

Over the week, DKNG’s stock price is moving 6.64% up while it is 18.79% when we observe its performance for the past one month. Year-to-date it is 5.55% up and over the past year, the stock is showing an upside performance of 13.52%.

Currently, DraftKings Inc’s total number of outstanding shares is 496.34M. Company’s return on investment (ROI) stands at -14.33% and return on equity (ROE) at -46.78%. It has a 29.69 of forward P/E ratio. Stock’s beta reads 1.66. Stock has a price to book (P/B) ratio of 24.01 while price to sale or P/S ratio amounts to 7.51. Its return on asset (ROA) is -9.59% on average.

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