JMP Securities has reaffirmed its Market Outperform rating on Draftkings Inc (DKNG), having previously rated the stock as Market Perform. This decision, made on September 30, 2025, indicates that the firm's investment thesis remains robust despite recent market developments.
DraftKings operates within the Hotels, Restaurants & Leisure industry, providing a range of digital sports entertainment and gaming services. The company, headquartered in Boston, Massachusetts, employs approximately 5,100 full-time staff. DraftKings offers online sports betting, iGaming, daily fantasy sports, and operates the DraftKings Marketplace, among other services. With a market capitalisation of $14.3 billion, the firm reported a trailing twelve-month EPS of -0.56.
The upcoming earnings reports are scheduled for August 4, 2026, with an estimated EPS of $0.43 and revenue of $1.7 billion, followed by another report on May 6, 2026, with an estimated EPS of $0.09 and revenue of $1.8 billion.
Analyst ratings serve as professional assessments based on research and financial models. While they can provide valuable insights, such evaluations are rooted in assumptions that may not always hold true. Investors are encouraged to consider a range of factors, including company fundamentals and industry trends, when making decisions. As analyst opinions can evolve over time, they should be regarded as one of many inputs in the investment process.