DKNG · NASDAQ · STOCK
DraftKings (DKNG) Stock Analysis
$19.58
52W $18.52 – $36.98
48/100
$9.71B
-58.1
1.61
Is DKNG Bullish or Bearish?
Mixed.
Innellis AI committee rates DraftKings Inc. (DKNG) Watch with a composite score of 48/100
, based on 6 analysts with 50% agreement.
Last updated October 10, 2026.
What Would Change This View
- Upgrade to Buy
- Requires a committee score of 60.0 — +12.07 from today. Applies on the first day at or above the line; upgrades are never dampened.
- Downgrade to Reduce
- Requires the score to fall below 40.0 — -7.93 from today. The band boundary is 45.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.
Executive Summary
The committee is genuinely divided. Macro Analyst sees a compelling case. Portfolio Manager remains cautious — sector concentration is already high (hhi 2796.97). This disagreement is itself the signal — the setup is not clean in either direction.
Bull & Bear Case
Bull Case
- Weekly trend (downtrend) confirms the daily trend -- multi-timeframe agreement — Technical
Bear Case
- Price-to-book of 27.2x prices in significant intangible value — Value
- ROE of only -26.3% -- cheap may mean cheap for a reason — Value
- Debt-to-equity of 2.91 adds balance-sheet risk to the value case — Value
- Growth rate is decelerating quarter over quarter -- the trend line matters more than the level — Growth
- Price structure making lower highs and lower lows — Technical
- MACD histogram negative -- bearish momentum — Technical
Both cases are generated from quantitative data signals, not qualitative or
forward-looking judgement. They summarise what the numbers say today.
Price History (6M)
AI Investment Committee
Committee Consensus
As of October 10, 2026
Overall Committee Score
48/100
Agreement
50%
Analysts
6
Conviction
Contested
Sector Rank
Top 94%
of 178 Consumer Cyclical peers
Value Analyst
bearish
32
/ 100 · Moderate confidence
Multiples don't clear a genuine value bar here, or cheapness looks justified by weak fundamentals
− Price-to-book of 27.2x prices in significant intangible value
Growth Analyst
neutral
50
/ 100 · Moderate confidence
Moderate growth -- present but not remarkable
− Growth rate is decelerating quarter over quarter -- the trend line matters more than the level
Technical Analyst
neutral
49
/ 100 · High confidence
Mixed or range-bound price action
+ Weekly trend (downtrend) confirms the daily trend -- multi-timeframe agreement
− Price structure making lower highs and lower lows
Risk Analyst
bearish
32
/ 100 · Moderate confidence
Elevated risk from leverage, volatility, event exposure, or portfolio concentration -- size accordingly
− High leverage (debt-to-equity 2.91) amplifies downside in a stress scenario
Macro Analyst
bullish
65
/ 100 · Low confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
News Analyst
neutral
60
/ 100 · Low confidence
News flow is mixed or quiet -- no strong signal either way right now
Portfolio Manager
bearish
30
/ 100 · Moderate confidence
The existing book itself argues for caution here, independent of how good this specific stock looks
− Sector concentration is already high (HHI 2796.97)
Investment Thesis Evolution
Committee score moved marginally from 45.9 to 47.9.
- New bearish signals: 1 appeared.
- Bearish pressure eased: 2 signal(s) disappeared.
Analyst-level changes:
- News Analyst: score 47->60 (+12).
- Risk Analyst: +1 bearish signal(s).
Comparing 2026-10-09 to 2026-10-10 (1 day apart).
Technical Analysis
RSI (14)
40.8
Neutral
MACD Histogram
-0.034
Bearish Momentum
Trend Direction
Downtrend
Weekly: Downtrend
Market Structure
Lh Ll
Bollinger %B
0.30
Inside Bands
Price vs Moving Averages
EMA 9
$19.82
Below
EMA 21
$20.92
Below
EMA 50
$22.49
Below
EMA 200
$26.06
Below
Fundamental Analysis
Valuation
67
Growth
12
Profitability
14
Financial Health
9
Cash Flow
70
Valuation
P/E Ratio
-58.1×
P/B Ratio
17.06×
PEG Ratio
0.01
Dividend Yield
0.00%
52W High
$36.98
52W Low
$18.52
Quality & Growth
ROE
58.8%
ROA
8.2%
Gross Margin
4054.3%
Operating Margin
-293.2%
Revenue Growth YoY
—
Debt / Equity
3.36
AI Fundamental Assessment
P/E ratio of -58.1 (inexpensive relative to a 15-40x range); Price-to-book of 17.1x; PEG ratio of 0.0 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 0.6%; Return on assets of 0.1%; Net margin of -2.7%; Gross margin of 40.5%; Current ratio of 1.02 (tight short-term liquidity); Debt-to-equity of 3.36; Free cash flow per share is positive (1.24); Most recent quarter missed estimates by 918.7%; EPS growth decelerating (-88.0% -> -566.7% QoQ); Average YoY EPS growth of -146.7%; Analyst estimates falling over recent quarters
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