Investing in DraftKings Inc. (DKNG)

Valuation methodValue, $Upside, %
Artificial intelligence (AI)90.38104
Intrinsic value (DCF)90.38104
Graham-Dodd Method0.00-100
Graham Formula0.00-100

Company description

DraftKings Inc. (DKNG) is a well-known and widely popular fantasy sports and digital gaming company, founded in 2012. Headquartered in Boston, Massachusetts, DKNG operates an online platform that allows users to participate in fantasy sports contests, as well as offering online casino games, sports betting, and daily fantasy sports. The company has made a name for itself through its innovative approach to the traditional fantasy sports industry, utilizing technology to enhance user experience and provide a more engaging and dynamic platform. After going public through a merger with Diamond Eagle Acquisition Corp and SBTech, DKNG has quickly become a leader in the sports entertainment industry, with a strong presence in both the United States and international markets. With a focus on customer engagement and expanding their product offerings, DKNG continues to see significant growth and is continuously striving to be at the forefront of the rapidly evolving online gaming industry.