Fair value (multi-method)
Four independent methods triangulate what DKNG is worth. The headline is the Forward-DCF intrinsic value at a normalized growth rate; the margin of safety compares it to the current price.
Estimated fair value (Forward DCF)
$113.45
Method range
$1.10 – $113.45
median $29.28
Valuation methods
Each method’s implied fair value per share and its upside versus the current price. Missing methods (no analyst coverage, negative earnings, etc.) are shown as “—”.
| Method | Fair value | Upside vs price |
|---|---|---|
| Forward DCF | $1.70 | -92.53% |
| Exit multiple | $23.04 | +0.90% |
| Analyst target | $35.52 | +55.58% |
| Graham number | $1.10 | -95.19% |
- Forward DCF$1.70
- Exit multiple$23.04
- Analyst target$35.52
- Graham number$1.10
Stock price
$22.83
EPS (TTM)
$0.12
3Y EPS CAGR
—
Fair value @ hist. growth
$1.70
This analysis is for informational purposes only and is not financial advice. Scenario prices and DCF-style figures depend on your assumptions and data from public filings and estimates. They are not forecasts of future returns.
Implied EPS growth
46.7%
per year over your projection horizon
Margin of safety -1,239.3% vs hist-growth DCF
Your model implies
46.7%
Next-year analyst consensus
73.8%
Model inputs
Move sliders to test how the reverse DCF reacts. Historical-growth markers show where the company has actually grown over the last cycle.
Sensitivity — implied growth vs your assumptions
Each cell shows the per-share growth rate the market would need to justify the current price at that combination of discount rate (rows) and terminal growth (columns). Your selected inputs are highlighted.
| Row axis: discount rate. Column axis: terminal growth.Terminal g →↓ Discount | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% |
|---|---|---|---|---|---|
| 10.9% | 43.1% | 42.4% | 41.7% | 40.9% | 40.1% |
| 11.9% | 45.5% | 44.9% | 44.3% | 43.6% | 42.9% |
| 12.9% | 47.8% | 47.3% | 46.7% | 46.1% | 45.4% |
| 13.9% | 50.1% | 49.6% | 49.0% | 48.5% | 47.9% |
| 14.9% | 52.3% | 51.8% | 51.3% | 50.8% | 50.2% |
Historical multiples
Each bar is the trailing five-year range (low left, high right). Filled portion runs from low to today; the dot marks today; the small tick marks the five-year median. Low, median, and high are listed under each bar.
Net debt
$330M
Total debt − cash
Beta
1.64
Vs market benchmark
Annual diluted EPS
Per-share earnings by fiscal year — last 3 years anchor the CAGR reference above.
Frequently asked questions
DraftKings (DKNG) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation
How this company returns cash to shareholders — buybacks, dividends, and stock splits.