Flutter Entertainment (NYSE:FLUT – Get Free Report) had its target price cut by equities research analysts at Stifel Nicolaus from $161.00 to $133.00 in a research note issued on Thursday,Benzinga reports. The firm currently has a “buy” rating on the stock. Stifel Nicolaus’ target price would indicate a potential upside of 45.31% from the company’s previous close.
Several other analysts have also issued reports on FLUT. Benchmark reduced their target price on shares of Flutter Entertainment from $175.00 to $132.00 and set a “buy” rating for the company in a research note on Thursday, May 7th. Truist Financial set a $120.00 price target on shares of Flutter Entertainment in a report on Wednesday. Zacks Research downgraded shares of Flutter Entertainment from a “hold” rating to a “strong sell” rating in a research report on Tuesday. Freedom Capital raised shares of Flutter Entertainment to a “hold” rating in a research report on Monday, June 22nd. Finally, Moffett Nathanson downgraded Flutter Entertainment from a “buy” rating to a “neutral” rating and set a $127.00 target price on the stock. in a research note on Friday, April 24th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, eight have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $170.22.
Check Out Our Latest Stock Report on Flutter Entertainment
Flutter Entertainment Stock Down 1.5%
Flutter Entertainment (NYSE:FLUT – Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported $0.49 earnings per share for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.05). The company had revenue of $4.33 billion during the quarter, compared to the consensus estimate of $4.24 billion. Flutter Entertainment had a negative net margin of 2.20% and a positive return on equity of 11.60%. The firm’s revenue for the quarter was up 3.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.95 EPS. As a group, equities research analysts predict that Flutter Entertainment will post 4.72 EPS for the current fiscal year.
Insider Transactions at Flutter Entertainment
In related news, Director John A. Bryant purchased 1,950 shares of the stock in a transaction that occurred on Friday, May 8th. The shares were bought at an average price of $102.86 per share, with a total value of $200,577.00. Following the acquisition, the director owned 9,235 shares of the company’s stock, valued at $949,912.10. This trade represents a 26.77% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, COO James Philip Bishop acquired 1,000 shares of Flutter Entertainment stock in a transaction on Monday, May 11th. The shares were purchased at an average cost of $99.75 per share, with a total value of $99,750.00. Following the completion of the acquisition, the chief operating officer owned 17,605 shares of the company’s stock, valued at $1,756,098.75. This trade represents a 6.02% increase in their position. The SEC filing for this purchase provides additional information. Over the last quarter, insiders bought 10,453 shares of company stock valued at $1,045,526 and sold 5,994 shares valued at $577,293. Insiders own 0.13% of the company’s stock.
Institutional Investors Weigh In On Flutter Entertainment
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Zions Bancorporation National Association UT raised its position in shares of Flutter Entertainment by 1,685.7% in the fourth quarter. Zions Bancorporation National Association UT now owns 125 shares of the company’s stock valued at $27,000 after purchasing an additional 118 shares during the period. EFG International AG bought a new position in Flutter Entertainment in the 4th quarter worth approximately $36,000. IFP Advisors Inc grew its stake in Flutter Entertainment by 93.8% in the 4th quarter. IFP Advisors Inc now owns 186 shares of the company’s stock valued at $40,000 after buying an additional 90 shares in the last quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA grew its stake in Flutter Entertainment by 83.3% in the 3rd quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 165 shares of the company’s stock valued at $42,000 after buying an additional 75 shares in the last quarter. Finally, LM Advisors LLC bought a new stake in Flutter Entertainment during the 4th quarter valued at $46,000.
Flutter Entertainment News Roundup
Here are the key news stories impacting Flutter Entertainment this week:
- Positive Sentiment: Needham & Company maintained a Buy rating despite lowering its price target from $135 to $110, implying substantial potential upside from the current $92.96 level. Benzinga analyst rating report
- Positive Sentiment: BTIG also retained a Buy rating, although it reduced its target from $120 to $113. The continued Buy ratings suggest some analysts view the selloff as excessive and expect longer-term recovery. The Fly analyst rating report
- Neutral Sentiment: Flutter appointed company veteran Dan Taylor as group CEO effective October 1, succeeding Peter Jackson. Taylor’s experience may provide continuity, but the leadership change adds uncertainty during a period of weaker U.S. sports-betting performance. Flutter CEO transition announcement
- Negative Sentiment: Q2 adjusted EPS was $0.49, below the approximately $0.54 consensus estimate and sharply below $2.95 a year earlier. Revenue of $4.33 billion exceeded estimates of $4.24 billion and increased 3.3% year over year, but the earnings miss is the more significant market concern. Flutter Q2 2026 financial results
- Negative Sentiment: Management lowered its profit outlook again as the U.S. business struggled, while 2026 revenue guidance of $17.4 billion to $18.4 billion provides limited upside versus the $18.3 billion consensus estimate. Reports also indicated Flutter may swing to a loss. Wall Street Journal outlook report
- Negative Sentiment: Zacks Research downgraded Flutter from Hold to Strong Sell, adding to the negative analyst reaction. The combination of the earnings miss, weaker guidance and CEO exit explains why shares have decreased and reached a new 52-week low. Zacks Research rating
Flutter Entertainment Company Profile
Flutter Entertainment plc is a global sports betting and gaming company that operates a portfolio of consumer-facing brands and digital platforms. The company’s primary activities include online sports betting, casino gaming, poker, and daily fantasy sports, delivered through web and mobile applications as well as retail betting locations in select markets. Flutter focuses on product development, customer acquisition and engagement, and compliance with local gambling regulations across the jurisdictions where it operates.
Flutter’s brand portfolio includes well-known names in different regional markets, such as FanDuel in the United States, PokerStars, Betfair, Paddy Power and Sky Betting & Gaming in Europe and elsewhere.
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