DraftKings (DKNG) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- $0.09
- Estimate
- $0.19
- Surprise
- -53.1%
- Revenue (period 2026-06-30)
- $1.44B
- Score at report (before → after)
- 5.4 → 5.9/10
Revenue source: mixed.
How the report landed
DraftKings (DKNG) missed the $0.19 estimate with adjusted EPS of $0.09 — a large 53.1% shortfall. TrendMatrix's engine moved from Buy (Wait) (5.4/10) to Sell at 5.9/10 after the report — the engine's score rose despite the miss.
Where TrendMatrix's rating stands now
TrendMatrix currently rates DKNG Sell at 4.5/10.
1 of the last 4 quarters beat the estimate; this quarter's -53.1% surprise compares with a -12.7% four-quarter average. Next scheduled report: 2026-11-05.
What argues against it
- Concentration risk — Product: Sportsbook and iGaming (93.0%)
- Quality below floor (2.9 < 4.0)
- Momentum score 1.0/10 — below 4.5 minimum
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $20.70
- Price target
- $32.36
- Stop
- $20.06
- Upside to target
- +56.3%
- Reward-to-risk
- 5.7:1
Risk check: RSI 22 — a level conventionally read as oversold.
Model outputs from TrendMatrix’s engine as of 2026-09-24 — shown for context, not personalized investment advice.
DKNG at TrendMatrix's latest read
Cyclical consumer names live and die on demand momentum — same-quarter comps and guidance carry more weight than the headline surprise.
- Industry
- Gambling
- Market cap
- $10.55B
- P/E (fwd)
- 12.9
- 52-week range
- $20.46–$43.66
- Off 52-week high
- 52.6%
- RSI (14)
- 22
- Volume vs avg
- 0.46×
- Score today
- 4.5/10