Stock Market Today, Feb. 13: DraftKings Falls After 2026 Revenue Outlook Misses Expectations

By Josh Kohn-Lindquist – Feb 13, 2026 at 5:00PM ESTNASDAQ: DKNGDraftKingsMarket Cap$13BToday's Changeangle-down(-13.51%) $3.40Current Price$21.76Price as of February 13, 2026 at 4:00 PM ETInvestors weigh fresh profit milestones against a sharply reset 2026 growth path, today, Feb. 13, 2026.ExpandNASDAQ: DKNGDraftKingsToday's Change(-13.51%) $-3.40Current Price$21.76Key Data PointsMarket Cap$13BDay's Range$21.01 - $22.7952wk Range$21.01 - $53.61Volume66MAvg Vol13MGross Margin39.23%DraftKings (DKNG 13.51%), an online sports betting, daily fantasy sports, and iGaming services provider, closed at $21.76, down 13.51%. The stock moved lower after Q4 earnings and 2026 guidance, as investors are watching how conservative revenue and EBITDA targets reshape growth expectations. Trading volume reached 65.6 million shares, about 372% above its three-month average of 13.9 million shares. DraftKings IPO'd in 2019 and has grown 122% since going public.How the markets moved todayThe S&P 500 inched up 0.03% to 6,835, while the Nasdaq Composite slipped 0.22% to 22,547. Among digital sports entertainment and gaming peers, Penn Entertainment finished at $11.76, down 5.24%.What this means for investorsDraftKings delivered Q4 earnings, with sales rising 43% alongside a more than three times increase in adjusted EBITDA. However, its earnings fell short of Wall Street’s consensus, and management’s conservative guidance for just 11% sales growth in 2026 disappointed the market. Trading at just 2 times sales and 21 times free cash flow after shares declined 53% over the last year, DraftKings’ growth potential is reasonably priced -- especially with Q4’s results showing minimal disruption by prediction markets so far.Rapidly shifting its focus towards boosting margins and reining in stock-based compensation, DraftKings could become a powerful stock if it can keep reducing shareholder dilution. Currently expanding into its own prediction-markets operations, iGaming, fantasy sports, and lottery offerings, growth optionality like DraftKings’ is a pretty compelling buy thesis for investors comfortable investing in the booming sports betting industry, alongside all its adjacencies.Read NextFeb 13, 2026 •By Joe TenebrusoWhy DraftKings Stock Dropped TodayDec 9, 2025 •By Todd ShriberWith DKNG Stock in 2026, Prediction Markets Loom LargeDec 5, 2025 •By Todd ShriberHas DKNG Stock Been Good for Investors?Dec 3, 2025 •By Stefon WaltersForget PENN Entertainment, This Sports Betting Stock Is a Much Better BuyNov 22, 2025 •By Todd ShriberWhat to Know Before Buying DraftKings StockNov 11, 2025 •By David Jagielski, CPAIs DraftKings Stock in Trouble?About the AuthorJosh Kohn-Lindquist is a contributing Motley Fool stock market analyst covering consumer goods, industrials, and technology stocks. Previously, Josh was a senior mutual fund accountant at Gemini Fund Services. He holds a bachelor’s degree in business management from the University of South Dakota.TMFJorykoX@JorykoliStocks MentionedDraftKingsNASDAQ: DKNG$21.76 (13.51%) $3.40*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.