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24.04.26 - 18:24
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MoffettNathanson Downgrades DraftKings: Are Prediction Markets Killing the Sports Betting King? (24/7 Wall St.)
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DraftKings (NASDAQ:DKNG) got a downgrade from MoffettNathanson to Neutral from Buy on April 24, with a price target cut to $27 from $38. The firm acknowledged prediction market competition as the overhang it can no longer dismiss. For long-term investors, the downgrade reframes the DraftKings stock thesis around regulatory risk rather than valuation. DKNG shares ... MoffettNathanson Downgrades DraftKings: Are Prediction Markets Killing the Sports Betting King?...
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22.04.26 - 22:42
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DraftKings to Release First Quarter 2026 Results on May 7, 2026 and Host Conference Call on May 8, 2026 (Business Wire)
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BOSTON--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) (the “Company” or “DraftKings”) today announced that it will release its first quarter 2026 results after the close of market trading on Thursday, May 7, 2026.
DraftKings will host a conference call and audio webcast the following morning, Friday, May 8, 2026, at 8:30 a.m. ET, during which management will discuss the Company's results and provide commentary on business performance. To listen to the audio webcast and live Q&A, please visit DraftKings' investor relations website at ir.aboutdraftkings.com. The audio webcast will be available on the Company's investor relations website until 11:59 p.m. ET on June 30, 2026.
About DraftKings
DraftKings Inc. is a digital sports entertainment and gaming company created to be the Ultimate Host and fuel the competitive spirit of sports fans with products that range across daily fantasy, regulated gaming and digital media. Headquartered in Boston and launched in 2012 by Jason Robins, Matt Kalish and ...
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09.04.26 - 23:01
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DraftKings Price Prediction: Where The Stock Is Going This Year (24/7 Wall St.)
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DraftKings (NASDAQ:DKNG) trades at $23.94 as of writing, sitting 26% below its 52-week high and down 30.53% year-to-date. Our 24/7 Wall St. price target for DraftKings is $24.13, implying a modest 0.79% upside from current levels. Our recommendation is hold, with a confidence level of 90%. The stock is close to fair value, but execution ... DraftKings Price Prediction: Where The Stock Is Going This Year...
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09.04.26 - 21:30
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DraftKings Craters 6% as Predictions Product Costs Spook Investors (24/7 Wall St.)
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DraftKings (NASDAQ:DKNG) stock is down 6% in Thursday afternoon trading, falling from a prior close of $23.94 to $22 and change. The drop adds to what's already been a brutal stretch for the stock, which already entered today's session down 31% year-to-date. Today's catalyst is familiar to anyone who's followed DraftKings for the past year: ... DraftKings Craters 6% as Predictions Product Costs Spook Investors...
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09.04.26 - 19:06
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Self Acquires Loam to Build the Identity Layer for the Internet (Business Wire)
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The privacy-first identity infrastructure used by Google and Opera brings on Uber's former Head of AI to accelerate its expansion into agentic internet applications and enterprise use cases.SAN FRANCISCO--(BUSINESS WIRE)--Self Labs, the company behind proof-of-human and identity verification solutions serving over 14 million global users, today announced its acquisition of Loam, an AI company specialized in agentic workflows and intelligent automation, founded by Birju Shah, serial founder and Uber's former Head of AI. Founded in 2022 and backed by Slow Ventures (Slack, Robinhood), Accomplice (WHOOP, DraftKings), and Packy McCormick of Not Boring Capital (Ramp, Scale AI) a.o., Loam has built a strong foundation in agentic systems design. Shah joins Self as Chief Operating Officer.
Self was founded on the principle that identity is a defining layer of the internet's next era. Its suite of privacy-preserving verification tools enables platforms to confirm that users are real, human, and eligible, without...
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01.04.26 - 20:54
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DraftKings Price Prediction: Why DKNG Is Ready For a Massive Breakout (24/7 Wall St.)
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DraftKings (NASDAQ:DKNG) has shed 37.26% year-to-date, falling to $21.62 as of writing. The selloff has pushed shares near their 52-week low of $20.46 and into deeply oversold territory. Our proprietary model sees a recovery ahead. The 24/7 Wall St. price target for DraftKings is $23.72, implying 9.71% upside from the current price. Our recommendation is ... DraftKings Price Prediction: Why DKNG Is Ready For a Massive Breakout
The post DraftKings Price Prediction: Why DKNG Is Ready For a Massive Breakout appeared first on 24/7 Wall St.....
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