DraftKings Inc Ordinary Shares - Class A
DKNG: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$14.00 | Lxczrsr | Nnkzdmxmq |
DraftKings Earnings: Strong Customer Acquisition, Retention, and Engagement Driving Share Gains
We don’t plan a meaningful change to our $47 fair value estimate for no-moat DraftKings after the company reported terrific first-quarter results and increased its 2024 sales and adjusted EBITDA guidance roughly in line with our estimates.