Is Draftkings a good investment?
As of 2025-03-16, the Fair Value of Draftkings Inc (DKNG) is -5.18 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 37.87 USD, the upside of Draftkings Inc is -113.67%. This means that Draftkings is not a good investment.
Note: valuation result may not be accurate due to the company's negative EPS.
Peter Lynch's formula is:
The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.
| Historical Earnings | ||||||
| 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 5Y Avg | |
| Net income | -1,231.80 | -1,523.20 | -1,378.00 | -802.14 | -507.29 | -1,088.49 |
| YoY growth | -763.21% | -23.66% | 9.53% | 41.79% | 36.76% | -139.76% |
| Market Cap (mil) | 18,554.79 |
| P/E | |
| Forward P/E |
| EPS | -1.04 |
| Avg earnings growth rate | -139.76% |
| TTM earnings | -507.29 |