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DraftKings (NASDAQ: DKNG) is forecasting robust growth in revenue and profitability in 2025. *Stock prices used were the afternoon prices of Nov. 9, 2024. The video was published on Nov. 11, 2024.
At a price of $38 per share, DraftKings stock has an enterprise value roughly 20 times management's forecast for 2025 EBITDA. With strong margin improvement and a long runway to grow sales ...
The company forecast that it would generate $6.2 billion ... Taken altogether that would put DraftKings stock at between $70 to $90 in 2029, which would be a solid return from today's level ...
Nearly one year ago, I made four predictions about the stock market in 2024. The Fed indeed cut rates in Q4, but stocks didn't jump as much as I anticipated. Here are my five predictions for the ...
The majority of the analysts covering DraftKings stock rate it a strong buy, and its average 12-month target price of $49.62 is nearly 25% above its present price. 2. DraftKings isn't just sports ...
DraftKings stock tumbled 11% on May 28 as Illinois legislators approved a 2025 budget with a provision that would create a progressive tax scale that more than doubles the top rates on sports ...