Dkng stock forecast accounts for current macro conditions;

DKNG stock forecast accounts for current macro conditions; with US consumer discretionary spending strong, online entertainment spend remains resilient. Watch April monthly betting handle data for signals on Q2 performance trajectory. For the current fiscal year, the consensus earnings estimate of $1.33 points to a change of +226.7% from the prior year. Over the last 30 days, this estimate has remained unchanged. Cathie Wood’s Ark Invest moved to capitalize on weakness in DraftKings ( NASDAQ: DKNG ), scooping up more than half a million shares of the sports-betting operator after a selloff. The stock tumbled 5.9% on Wednesday, extending its one-month slide to nearly 26% . DKNG stock forecast driven by revenue mix analysis points to in-game betting growing to 35% of total handle by year-end, which could enhance margin profiles and investor confidence.