UBS Group Has Lowered Expectations for Flutter Entertainment (NYSE:FLUT) Stock Price

Flutter Entertainment (NYSE:FLUT) had its price target cut by stock analysts at UBS Group from $130.00 to $120.00 in a research note issued to investors on Thursday, Benzinga reports. The firm presently has a “buy” rating on the stock. UBS Group‘s price target would indicate a potential upside of 44.78% from the company’s current price.

Several other brokerages also recently issued reports on FLUT. JPMorgan Chase & Co. cut their price objective on shares of Flutter Entertainment from $114.00 to $110.00 and set a “neutral” rating for the company in a research report on Tuesday, October 20th. Sanford C. Bernstein decreased their price objective on Flutter Entertainment from $110.00 to $100.00 and set a “market perform” rating on the stock in a report on Tuesday. Barclays lowered their target price on shares of Flutter Entertainment from $133.00 to $125.00 and set an “overweight” rating on the stock in a report on Thursday. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Flutter Entertainment in a research note on Monday, August 24th. Finally, Moffett Nathanson reissued a “neutral” rating and issued a $92.00 target price on shares of Flutter Entertainment in a report on Thursday, October 22nd. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $131.07.

Flutter Entertainment Stock Performance

NYSE FLUT opened at $82.88 on Thursday. The stock has a market cap of $14.38 billion, a PE ratio of -15.67, a P/E/G ratio of 3.00 and a beta of 1.27. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.89 and a current ratio of 0.89. The firm has a 50-day moving average of $85.74 and a 200-day moving average of $105.40. Flutter Entertainment has a 52-week low of $72.56 and a 52-week high of $235.77.

Flutter Entertainment (NYSE:FLUT) last announced its quarterly earnings results on Wednesday, November 4th. The company reported ($0.18) EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.50). Flutter Entertainment had a negative net margin of 5.37% and a positive return on equity of 4.26%. The company had revenue of $3.87 billion during the quarter, compared to analyst estimates of $3.99 billion. During the same quarter last year, the company posted $1.64 EPS. The firm’s quarterly revenue was up 2.1% on a year-over-year basis. On average, sell-side analysts anticipate that Flutter Entertainment will post 3.05 EPS for the current year.

Insiders Place Their Bets

In related news, insider Don Liu sold 565 shares of the business’s stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $97.86, for a total value of $55,290.90. Following the transaction, the insider owned 20,441 shares in the company, valued at $2,000,356.26. The trade was a 2.69% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Daniel Taylor sold 791 shares of the company’s stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $97.86, for a total value of $77,407.26. Following the sale, the chief executive officer owned 52,467 shares in the company, valued at approximately $5,134,420.62. The trade was a 1.49% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 6,681 shares of company stock valued at $644,214 over the last quarter. Company insiders own 0.13% of the company’s stock.

Hedge Funds Weigh In On Flutter Entertainment

A number of institutional investors have recently modified their holdings of the company. Parvus Asset Management Jersey Ltd bought a new position in shares of Flutter Entertainment in the second quarter valued at $1,552,097,267. Hsbc Holdings PLC raised its holdings in shares of Flutter Entertainment by 33,988.7% in the first quarter. Hsbc Holdings PLC now owns 5,605,543 shares of the company’s stock valued at $575,185,000 after purchasing an additional 5,589,099 shares during the last quarter. Amundi raised its holdings in shares of Flutter Entertainment by 463.7% in the first quarter. Amundi now owns 2,059,906 shares of the company’s stock valued at $210,007,000 after purchasing an additional 1,694,474 shares during the last quarter. Janus Henderson Group PLC lifted its position in shares of Flutter Entertainment by 1.3% during the first quarter. Janus Henderson Group PLC now owns 1,601,605 shares of the company’s stock valued at $163,202,000 after purchasing an additional 20,810 shares in the last quarter. Finally, Swiss National Bank lifted its position in shares of Flutter Entertainment by 7.1% during the first quarter. Swiss National Bank now owns 490,422 shares of the company’s stock valued at $49,999,000 after purchasing an additional 32,480 shares in the last quarter.

Flutter Entertainment News Roundup

Here are the key news stories impacting Flutter Entertainment this week:

• Positive Sentiment: FanDuel’s betting handle rose 13%, and U.S. revenue was a bright spot. However, Flutter is using promotions to attract customers, which may weigh on profitability. FanDuel Handle Rises 13% as Flutter Cuts 2026 Revenue Outlook
• Positive Sentiment: Flutter plans an additional $500 million in cost savings by 2029, which could help offset operating pressures. BTIG raised its price target to $96 and retained a Buy rating, while Susquehanna also nudged its target higher. Flutter cuts 2026 outlook and plans cost savings BTIG Research on Flutter
• Negative Sentiment: Third-quarter revenue of $3.87 billion missed estimates, and Flutter reported a $1.15 billion net loss, including a large Brazil impairment. The company also cut its 2026 outlook after revenue and adjusted EBITDA fell short of expectations. Flutter cuts full-year outlook after Q3 miss
• Negative Sentiment: Wells Fargo lowered its target to $86 and Citizens JMP cut its target to $116; Barclays also reduced its target to $125. These revisions signal more cautious expectations, even though the firms’ ratings remain at Equal Weight, Market Outperform and Overweight, respectively. Wells Fargo target cut Citizens JMP target cut

Flutter Entertainment Company Profile

Flutter Entertainment plc is a global sports betting and online gaming company headquartered in Dublin, Ireland. The company operates a portfolio of betting, gaming, poker and daily fantasy sports brands, serving customers through online platforms, mobile applications and, in some markets, retail locations.

Its principal brands include FanDuel in the United States, Paddy Power and Betfair in the United Kingdom and Ireland, Sky Bet in the United Kingdom, PokerStars internationally, and Sisal and SNAI in Italy.