During the income season, when analysts expected that many companies would reduce the management, Darling Actoss Drafskings NASDAQ: DKNG There was the one that was supposed to do just that. Even how Shares decreased by almost 34% With their record high level, they reached in February as of the closure of May 21, Draftkings shares of more than 150% have been increased Over the past three years.
Draws today
As of 05/23/2025 21:00
- 52-week range
- $ 28.69
▼
$ 53.61
- Value is valuable
- $ 55.04
Over the past few years, Draftkings has observed the explosive growth of the popularity of its platform. At the end of 2020, the company had about 900,000 Monthly unique payers (MUPS)The field this number shows how many users bet on their platform in a month. Since then, MUPS is more than four times, and in the last quarter will be 4.3 million.
Despite this, a decrease in leadership is never something that investors want to see. So what is ready for this discretionary consumer name in the future?
Is Draftkings is still well positioned Even after a decrease in expectations for 2025? This analysis will be considered by the details of the last report of the company and will give an idea of the prospect of shares.
Draftkings receives the income and leadership of double Whammy
Not only did Draftkings should Destroy his income guide to 2025But it also missed the assessments of revenue in the first quarter. The company’s revenue amounted to just over 1.4 billion dollars. The USA is 20%at growth.
It was a little less than 2% more slowly than almost 22% of analysts on Wall Stest.
The company also reduced its management by about 2% in the middle of the point to 6.3 billion dollars. USA, which was a decrease in $ 150 million. However, this news Numerous silver overlaysField
MARCH MADNESS BETTORS DUNK on DRAFTKINGS: 3 silver lines
Draftkings took on a weak guide at the beginning of the income call. They said: “If not for the sporting results suitable for customers in March, we would be Revenue of income from our financial year of 2025 And Adjusted EBITDA guide. EBITDA means profit before interest, taxes, depreciation and depreciation.
In this statement, Draftkings refers to Negative results of bets This happened against this during the basketball tournament in the basketball of the march, the largest event in sports rates in the United States.
When the players win their bets, Draftkings is at the losing end as a bookmaker, that this is what happened in the tournament of this year.
DRAFTKINS shares forecast today
$ 55.04
56.89% growthModerate purchase
Based on 28 analysts ratings
| The current price | $ 35.08 |
|---|---|
| High forecast | $ 65.00 |
| Average forecast | $ 55.04 |
| Low forecast | $ 35.00 |
DRAFTKINS forecasts.
Sports Betras, as a rule, spend more money on a favorite or a team with a higher probability of victory than to the losers. Thus, Draftkings can earn a lot of money when these favorites lose. However, during this March madness of the team with higher seeds, which are usually favorites in their matches, won their games in 82% of cases.
It was the highest indicator when the liba is registered, which led to Losing an unprecedentedly large number of betsField
Nevertheless, the key conclusion is that the March Madness 2025 is an anomaly of bets. It was also not an exceptional problem for DraftKins, and this does not indicate a disadvantage in the company. Branching NYSE: FloodThe owner of Fandwell experienced the same problem.
If this anomaly had not played out, Draftkings would have raised an income and profitability guide.
The second silver lining is that Draftkings shares increased by more than 2% after it EarningsThe field demonstrates that Wall Schell was not scared by the unusual disastrous position of the company in the quarter. Finally, Wall analysts -stroke had a tendency not to move their price goals in response to the results.
Among the updates of analysts monitored by MarketBeat after the release of May 9, the average drop in DRAFTKINS price targets was less than 1%. In addition, the average of these new targeted price purposes is more than $ 55 per share.
This figure implies 55% growth in DRAFTKINS shares Compared to Their closing price is May 21.
DKNG: Improving the main indicators and expansion potential provides favorable prospects
Despite the recent problems, Draftkings looks as if it will still be In the futureThe company has grown into a quarter by 28% by 28%, and the company still expects that its adjusted gross profit will increase by 300 basic points in 2025 during 2024.
Wall is stroke Price goals remain very optimisticAnd Draftkings is still offering only online sports machines in about half of the US states. This provides a significant opportunity for expansion in the long term.
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