Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate DraftKings Inc. before investing.

In this article, we go over a few key elements for understanding DraftKings Inc.’s stock price such as:

• DraftKings Inc.’s current stock price and volume
• Why DraftKings Inc.’s stock price changed recently
• Upgrades and downgrades for DKNG from analysts
• DKNG’s stock price momentum as measured by its relative strength

About DraftKings Inc. (DKNG)

Before we jump into DraftKings Inc.’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally. The company offers online and retail sports betting, daily fantasy sports, digital lottery couriers, prediction markets, and other products, as well as retails sportsbooks. It also provides iGaming, or online casino products, which includes blackjack, roulette, baccarat and slot machines. In addition, the company engages in the design and development of sports betting and casino gaming software for online and retail sportsbooks, and iGaming operators. DraftKings Inc. was founded in 2011 and is headquartered in Boston, Massachusetts.

Want to learn more about DraftKings Inc.’s stock? Click the button below to subscribe to A+ Investor and get access to everything you need to know about DraftKings Inc..

DraftKings Inc.’s Stock Price as of Market Close

As of May 13, 2026, 9:47 AM, CST, DraftKings Inc.’s stock price was $23.970.

DraftKings Inc. is down 2.6% from its previous closing price of $24.610.

During the last market session, DraftKings Inc.’s stock traded between $23.750 and $24.660. Currently, there are approximately 494.35 million shares outstanding for DraftKings Inc..

DraftKings Inc.’s price-earnings (P/E) ratio is currently at 267.5, which is high compared to the Hotels, Restaurants & Leisure industry median of 22. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

DraftKings Inc. Stock Price History

DraftKings Inc.’s (DKNG) price is currently up 2.79% so far this month.

During the month of May, DraftKings Inc.’s stock price has reached a high of $27.210 and a low of $22.840.

Over the last year, DraftKings Inc. has hit prices as high as $48.780 and as low as $20.460. Year to date, DraftKings Inc.’s stock is down 30.44%.

Sign Up to Receive a Free Special Report Showing How A+ Grades Can Help You Make Smarter Investment Decisions

What Caused DraftKings Inc. Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

One of the most common factors that can drastically impact a stock’s price is analyst upgrades and downgrades. When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. However, as of May 12, 2026,, no analysts have changed their rating of DraftKings Inc.’s stock over the last month.

Additionally, you'll want to evaluate DraftKings Inc.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on DraftKings Inc.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

DraftKings Inc.’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about DraftKings Inc. (DKNG) by visiting AAII Stock Evaluator.

Relative Price Strength of DraftKings Inc.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of May 12, 2026, DraftKings Inc. has a weighted four-quarter relative price strength of -14.00%, which translates to a Momentum Score of 19 and is considered to be Very Weak.

Want to learn more about how DraftKings Inc. is graded based on AAII’s composite scores for value, growth, quality and earnings estimate revisions? Subscribe to A+ Investor today.

DraftKings Inc. Stock Price: Bottom Line

As of May 13, 2026, DraftKings Inc.’s stock price is $23.970, which is down 2.6% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like DraftKings Inc. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.