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

Flutter Entertainment (NYSE:FLUT) had its price objective cut by equities research analysts at Benchmark from $132.00 to $113.00 in a research report issued on Thursday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Benchmark’s price objective would suggest a potential upside of 19.65% from the company’s current price.

Several other analysts also recently issued reports on FLUT. Wedbush reduced their price target on shares of Flutter Entertainment from $138.00 to $126.00 and set an “outperform” rating on the stock in a report on Thursday. Barclays cut their price objective on Flutter Entertainment from $151.00 to $133.00 and set an “overweight” rating for the company in a research report on Thursday. Wells Fargo & Company reduced their target price on Flutter Entertainment from $137.00 to $112.00 and set an “equal weight” rating on the stock in a research note on Thursday. Stifel Nicolaus lowered their target price on Flutter Entertainment from $161.00 to $133.00 and set a “buy” rating on the stock in a report on Thursday. Finally, Oppenheimer dropped their price target on Flutter Entertainment from $210.00 to $160.00 and set an “outperform” rating for the company in a research report on Monday, April 13th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $160.23.

Flutter Entertainment Stock Performance

Shares of FLUT stock opened at $94.44 on Thursday. The stock has a fifty day moving average price of $104.52 and a 200 day moving average price of $113.52. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.90 and a current ratio of 0.89. The stock has a market cap of $16.39 billion, a PE ratio of -21.96, a P/E/G ratio of 1.27 and a beta of 1.28. Flutter Entertainment has a 1 year low of $89.71 and a 1 year high of $309.41.

Flutter Entertainment (NYSE:FLUT) last posted its earnings results on Wednesday, August 5th. The company reported $0.49 earnings per share for the quarter, missing the consensus estimate of $0.54 by ($0.05). Flutter Entertainment had a negative net margin of 4.39% and a positive return on equity of 7.27%. The firm had revenue of $4.33 billion during the quarter, compared to analyst estimates of $4.24 billion. During the same period last year, the company posted $2.95 EPS. The firm’s revenue for the quarter was up 3.3% on a year-over-year basis. Sell-side analysts forecast that Flutter Entertainment will post 4.72 earnings per share for the current fiscal year.

Insider Transactions at Flutter Entertainment

In other news, COO James Philip Bishop acquired 1,000 shares of Flutter Entertainment stock in a transaction dated Monday, May 11th. The shares were acquired at an average cost of $99.75 per share, with a total value of $99,750.00. Following the purchase, the chief operating officer directly owned 17,605 shares of the company’s stock, valued at approximately $1,756,098.75. This trade represents a 6.02% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Jeremy Peter Jackson sold 3,084 shares of Flutter Entertainment stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $98.13, for a total value of $302,632.92. Following the completion of the transaction, the chief executive officer directly owned 74,326 shares in the company, valued at $7,293,610.38. This represents a 3.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders have acquired 4,144 shares of company stock valued at $399,337 and have sold 5,865 shares valued at $564,213. 0.13% of the stock is owned by insiders.

Institutional Investors Weigh In On Flutter Entertainment

Institutional investors and hedge funds have recently made changes to their positions in the company. Capital International Investors lifted its position in shares of Flutter Entertainment by 146.8% in the 4th quarter. Capital International Investors now owns 8,039,066 shares of the company’s stock worth $1,728,772,000 after buying an additional 4,782,302 shares during the last quarter. Cibc World Markets Corp acquired a new position in shares of Flutter Entertainment during the fourth quarter worth approximately $1,678,841,000. Caledonia Private Investments Pty Ltd grew its stake in shares of Flutter Entertainment by 3.8% in the fourth quarter. Caledonia Private Investments Pty Ltd now owns 7,191,861 shares of the company’s stock worth $1,546,538,000 after purchasing an additional 264,856 shares in the last quarter. Hsbc Holdings PLC increased its holdings in shares of Flutter Entertainment by 33,988.7% during 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 period. Finally, Tiger Global Management LLC increased its holdings in shares of Flutter Entertainment by 9.4% during the fourth quarter. Tiger Global Management LLC now owns 4,003,542 shares of the company’s stock valued at $860,922,000 after purchasing an additional 345,350 shares during the period.

Flutter Entertainment News Roundup

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

• Positive Sentiment: Analysts see potential upside after the selloff. Citi upgraded Flutter to “neutral,” saying the roughly 13% decline since April has reset expectations, while maintaining a target near $93. Benchmark, Stifel and Needham also retained “buy” ratings despite lowering their price targets. Citi upgrades Flutter after 13% share price slide
• Positive Sentiment: Revenue exceeded expectations. Flutter reported quarterly revenue of approximately $4.33 billion, ahead of the $4.24 billion consensus estimate and up 3.3% year over year. Investor Michael Burry has also reportedly viewed the depressed valuation as a buying opportunity. Flutter Q2 CY2026 beats on revenue but stock drops

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.