DraftKings Inc Ordinary Shares - Class A

DKNG: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$15.00	Zbbxst	Tnfykzpr

DraftKings Earnings: Share Gains and Expense Leverage Continue Despite Competitor ESPN Bet's Launch

Dan Wasiolek

Feb 16, 2024

We have increased our DraftKings fair value estimate to $44 from $35 on higher revenue share over our 10-year forecast, as well as incremental leveraging of marketing, technology, and general and administrative costs.

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