Will DraftKings' $650M-$700M Predictions Bet Pay Off in 2027?
DraftKings is investing heavily in its Predictions business in 2026 with negative adjusted EBITDA of $650M-$700M, projecting $650M-$750M in revenues for 2027. The company expects its 2026 customer cohort to generate $350M in gross profit in 2027 and narrow Predictions EBITDA losses to $250M-$350M. However, DKNG stock has underperformed peers, declining 22.8% in three months, and the company lowered full-year 2026 adjusted EBITDA guidance significantly due to increased Predictions spending and regulatory uncertainties.



