MetaCap

DraftKings (DKNG) vs Sphere Entertainment (SPHR)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

Sphere Entertainment (SPHR) has outperformed DraftKings (DKNG) over the past year, gaining 78.0% versus a loss of 41.9%. Over five years, SPHR leads with a +228.3% price change compared with -60.2% for DKNG. DraftKings is the larger company by market cap ($9.51 billion vs $3.82 billion), about 2.5 times the size.

Sphere Entertainment converts more of its revenue into profit, with a net margin of 2.7% versus 0.1%.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

DKNG-41.88%SPHR+78.05%
+208%+76%-56%
Oct 7, 20251 yearOct 7, 2026
DKNG-60.03%SPHR+230.14%
+453%+176%-102%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

DKNG versus SPHR key metrics
MetricDKNGSPHR
Share price$19.15$106.24
Market cap$9.51B$3.82B
1-day change-3.04%+0.82%
YTD return-44.43%+11.74%
1-year return-41.88%+78.05%
5-year return-60.17%+228.30%
Forward P/E11.40—
EPS (TTM)$-0.35$-2.69
Dividend yield0.00%0.00%
Annual dividend$0.00$0.00
Revenue (latest FY)$6.05B$1.22B
Revenue growth (YoY)+26.99%+18.81%
Net income (latest FY)$3.71M$33.41M
Gross margin41.25%—
Operating margin-0.26%-18.82%
Net margin0.06%2.74%
52-week high$36.98$181.63
52-week low$18.52$57.01
Distance from 52-week high-48.22%-41.51%
Analyst consensusstrong_buybuy
Avg. price target upside+81.78%+59.87%
Average volume12.92M739.16K
Shares outstanding496.45M29.05M
Employees5,5001,100
SectorConsumer DiscretionaryConsumer Discretionary
IndustryServices-Misc. Amusement & RecreationServices-Misc. Amusement & Recreation

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • DraftKings is about 2.5 times larger than Sphere Entertainment by market value ($9.51B vs $3.82B).
  • SPHR has outperformed DKNG by 119.9 percentage points over the past year.
  • DraftKings grew revenue faster in its latest fiscal year (+26.99% vs +18.81%).

About DraftKings

DKNG stock →

DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally.

Consumer Discretionary · Services-Misc. Amusement & Recreation · 5,500 employees

About Sphere Entertainment

SPHR stock →

Sphere Entertainment Co. operates as a live entertainment and media company in the United States.

Consumer Discretionary · Services-Misc. Amusement & Recreation · 1,100 employees

DKNG vs SPHR FAQ

Which is bigger, DraftKings or Sphere Entertainment?

DraftKings (DKNG) is larger, with a market capitalization of $9.51B compared with $3.82B for Sphere Entertainment (SPHR).

Which stock has performed better over the past year, DKNG or SPHR?

SPHR returned +78.05% over the past 12 months, compared with -41.88% for DKNG (price return, excluding dividends). Past performance does not predict future results.

Are DraftKings and Sphere Entertainment in the same industry?

Yes. Both are classified in the Services-Misc. Amusement & Recreation industry within the Consumer Discretionary sector.

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