Q4 EPS Estimates for DraftKings Reduced by Northland Capmk

DraftKings Inc. (NASDAQ:DKNG) – Northland Capmk dropped their Q4 2025 earnings estimates for shares of DraftKings in a report released on Monday, November 11th. Northland Capmk analyst G. Gibas now anticipates that the company will post earnings of $0.43 per share for the quarter, down from their previous estimate of $0.50. The consensus estimate for DraftKings’ current full-year earnings is ($0.37) per share.

DraftKings (NASDAQ:DKNG) last announced its quarterly earnings data on Thursday, November 7th. The company reported ($0.60) EPS for the quarter, missing analysts’ consensus estimates of ($0.42) by ($0.18). DraftKings had a negative net margin of 9.06% and a negative return on equity of 41.23%. The business had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.12 billion.

A number of other brokerages have also recently weighed in on DKNG. Barclays lifted their target price on DraftKings from $45.00 to $50.00 and gave the company an “overweight” rating in a report on Monday. Morgan Stanley increased their target price on shares of DraftKings from $47.00 to $48.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 22nd. BNP Paribas upgraded shares of DraftKings from an “underperform” rating to a “neutral” rating and set a $35.00 price objective for the company in a research note on Tuesday, September 10th. Wells Fargo & Company raised their target price on shares of DraftKings from $47.00 to $52.00 and gave the company an “overweight” rating in a research note on Thursday, October 17th. Finally, TD Cowen increased their price target on DraftKings from $50.00 to $55.00 and gave the company a “buy” rating in a report on Tuesday. Three investment analysts have rated the stock with a hold rating and twenty-five have assigned a buy rating to the stock. According to data from MarketBeat, DraftKings presently has an average rating of “Moderate Buy” and an average target price of $50.64.

DraftKings Price Performance

DKNG opened at $41.71 on Wednesday. DraftKings has a 1 year low of $28.69 and a 1 year high of $49.57. The company’s 50 day simple moving average is $38.00 and its 200 day simple moving average is $37.91. The stock has a market capitalization of $36.64 billion, a PE ratio of -47.40 and a beta of 1.82. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.11 and a current ratio of 1.00.

Insider Activity at DraftKings

In other news, insider Paul Liberman sold 88,441 shares of the business’s stock in a transaction on Friday, October 25th. The stock was sold at an average price of $36.41, for a total transaction of $3,220,136.81. Following the sale, the insider now directly owns 1,923,483 shares of the company’s stock, valued at $70,034,016.03. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other DraftKings news, insider Paul Liberman sold 88,441 shares of the business’s stock in a transaction on Friday, October 25th. The shares were sold at an average price of $36.41, for a total transaction of $3,220,136.81. Following the sale, the insider now directly owns 1,923,483 shares of the company’s stock, valued at $70,034,016.03. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Jason Robins sold 200,000 shares of the stock in a transaction dated Wednesday, August 21st. The stock was sold at an average price of $35.25, for a total value of $7,050,000.00. Following the completion of the sale, the insider now directly owns 2,678,082 shares of the company’s stock, valued at approximately $94,402,390.50. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 1,020,536 shares of company stock valued at $39,966,465 over the last ninety days. Insiders own 48.94% of the company’s stock.

Hedge Funds Weigh In On DraftKings

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. LRI Investments LLC acquired a new stake in shares of DraftKings in the 1st quarter valued at $31,000. Alta Advisers Ltd acquired a new stake in shares of DraftKings in the second quarter worth about $38,000. Redwood Wealth Management Group LLC bought a new position in shares of DraftKings in the 2nd quarter valued at approximately $39,000. St. Johns Investment Management Company LLC bought a new stake in DraftKings during the second quarter worth approximately $46,000. Finally, V Square Quantitative Management LLC acquired a new stake in shares of DraftKings in the third quarter worth $46,000. Institutional investors own 37.70% of the company’s stock.

About DraftKings

DraftKings Inc operates as a digital sports entertainment and gaming company in the United States and internationally. It provides online sports betting and casino, daily fantasy sports, media, and other consumer products, as well as retails sportsbooks. The company also engages in the design and development of sports betting and casino gaming software for online and retail sportsbooks, and iGaming operators.