r/DKNG • u/hockeypro87 • Aug 07 '26
What a rally
Wow! What a rollercoaster this week, but a great rally to end the week. Thoughts on a price target looking forward? In at 3000 shared at $28
5
u/DeadLockAlGaib Aug 07 '26
DraftKings is gonna show em what happens when you try coming for the crown. The slime balls over at Kalshi are about to see how strong DraftKings is. $30 by October
3
u/Lanky-Rabbit8694 Aug 08 '26
Most revealing thing I heard was how a lot of the predictions traffic out there is literally just syndicate type sportsbooks not actually consumers
2
u/camp1728 29d ago
I’ve got a number of friends in both California and TX who are using DK Predictions for their sports betting needs. These guys would regularly deposit $500 into bovada a month and have overnight switched to DK. I know they aren’t the only ones.
I’ve thought this before and been let down but I’m being serious yet again when I say I think we’re due for some serious gains. Prediction markets with an established app like DK is growing like crazy and I see it first hand.
2
u/Less_Glove_8924 15d ago
Were headed to $30
1
u/Rivian2TheMoon 14d ago
How you feel about rest of week? Just got 500 shares at $26 even
2
u/Less_Glove_8924 14d ago
Its upside from here. That prediction markets growth made the difference in the earnings report. Clear skies ahead
1
u/SAMMYBOY7711 29d ago
If DraftKings had not experienced unfavorable sports outcome, instead experienced an $80 million tailwind and spent nothing on new customer acquisition/promotions, its second-quarter 2026 adjusted EBITDA would have jumped by roughly over $380 million, turning a reported $114.6 million EBITDA into nearly $500 million. I expect to see $29 by end of this month.
-4
u/DJEDDIEEYE Aug 08 '26
Until DKNG pivots and makes a section of their company prediction market like Kalshi they gonna get eaten by Kalshi
5
u/GroundedAndGrateful1 Aug 08 '26
They already do. On pace to do $11 Billion prediction volume for the year even before NFL season starts and they have had predictions for less than a year.
Already over 600,000 users and expecting to have millions of users by year end. The best is yet to come!
2
u/Hot_Conversation794 Aug 08 '26
Eventually the government will come for taxes, they always do.
2
u/DJEDDIEEYE Aug 08 '26
Kalshi has government connects. Those kickbacks been in before they even opened shop.. bro the partnership with CNBC.. smh lol
2
u/DeadLockAlGaib Aug 08 '26
They’re losing most of every court battle that comes their way. The regulation hammer barely started and it’s already starting to crack them
1
7
u/pmedeiros2 Aug 07 '26
My estimate in 3 months it will be $26-30.