Stock Valuation / DKNG

Is DraftKings Inc. (DKNG) Overvalued? Fair Value & 5-Year Target

DraftKings Inc. trades at $19.72 (P/E -56.34). Our reference model estimates a fair value of — at its recent average P/E of -0.03.

What drives DKNG's valuation

Changing either assumption moves the target: a higher P/E multiple or faster EPS growth raises fair value, a lower multiple or slower growth lowers it. The interactive dashboard lets you edit both and re-run the model instantly.

About DraftKings Inc.

DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally. The company offers online and retail sports betting, daily fantasy sports, digital lottery couriers, prediction markets, and other products, as well as retails sportsbooks. It also provides iGaming, or online casino products, which includes blackjack, roulette, baccarat and slot machines. In addition, the company engages in the design and development of sports betting and casino gaming software for online and retail sportsbooks, and iGaming operators. DraftKings Inc. was founded in 2011 and is headquartered in Boston, Massachusetts.

Frequently asked questions

How do I value DraftKings Inc. (DKNG)?

The Stock Valuation Dashboard lets you combine DKNG's current EPS and P/E with your own growth assumptions to estimate fair value and a 5-year price target.

Open the interactive DKNG valuation dashboard →

Figures are for informational purposes only and are not investment advice. Data as of 2026-10-14.