DraftKings (NASDAQ:DKNG) is preparing to release its quarterly earnings on Thursday, 2026-02-12. Here’s a brief overview of what investors should keep in mind before the announcement.
Analysts expect DraftKings to report an earnings per share (EPS) of $0.38.
The announcement from DraftKings is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It’s worth noting for new investors that guidance can be a key determinant of stock price movements.
Performance in Previous Earnings
In the previous earnings release, the company beat EPS by $0.05, leading to a 8.65% increase in the share price the following trading session.
Here’s a look at DraftKings’s past performance and the resulting price change:
| Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|
| EPS Estimate | -0.31 | 0.34 | 0.12 | -0.15 |
| EPS Actual | -0.26 | 0.38 | 0.12 | 0.14 |
| Price Change % | 9.00 | 0.00 | 2.00 | 15.00 |

Market Performance of DraftKings’s Stock
Shares of DraftKings were trading at $27.12 as of February 10. Over the last 52-week period, shares are down 42.58%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.
Analysts’ Take on DraftKings
Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on DraftKings.
The consensus rating for DraftKings is Buy, derived from 10 analyst ratings. An average one-year price target of $45.5 implies a potential 67.77% upside.
Peer Ratings Overview
The analysis below examines the analyst ratings and average 1-year price targets of MGM Resorts International, Churchill Downs and …