BTIG Research Cuts Flutter Entertainment (NYSE:FLUT) Price Target to $113.00

Flutter Entertainment (NYSE:FLUT) had its price target reduced by BTIG Research from $120.00 to $113.00 in a research report released on Wednesday, Marketbeat Ratings reports. They currently have a buy rating on the stock.

Other research analysts have also issued research reports about the stock. Citizens Jmp lowered their target price on shares of Flutter Entertainment from $165.00 to $159.00 and set a “market outperform” rating for the company in a research note on Wednesday, July 8th. Stifel Nicolaus dropped their target price on Flutter Entertainment from $170.00 to $161.00 and set a “buy” rating on the stock in a report on Wednesday, July 22nd. Sanford C. Bernstein dropped their price objective on Flutter Entertainment from $125.00 to $115.00 and set a “market perform” rating on the stock in a report on Thursday, May 7th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $167.00 target price on shares of Flutter Entertainment in a report on Friday, May 8th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Flutter Entertainment in a research note on Wednesday, May 27th. Two investment 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 issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $160.23.

Flutter Entertainment Stock Performance

FLUT opened at $94.44 on Wednesday. Flutter Entertainment has a twelve month low of $89.71 and a twelve month high of $309.41. The firm has a market capitalization of $16.39 billion, a PE ratio of -21.96, a PEG ratio of 1.27 and a beta of 1.28. The company has a current ratio of 0.89, a quick ratio of 0.90 and a debt-to-equity ratio of 1.32. The firm’s 50-day moving average price is $104.52 and its 200 day moving average price is $113.52.

Flutter Entertainment (NYSE:FLUT) last released its quarterly earnings data 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). Flutter Entertainment had a positive return on equity of 7.27% and a negative net margin of 4.39%.The company had revenue of $4.33 billion for the quarter, compared to analyst estimates of $4.24 billion. During the same period last year, the firm posted $2.95 EPS. The business’s quarterly revenue was up 3.3% on a year-over-year basis. As a group, sell-side analysts expect that Flutter Entertainment will post 4.72 EPS for the current fiscal year.

Insider Buying and Selling at Flutter Entertainment

In other news, COO James Philip Bishop acquired 1,000 shares of the business’s stock in a transaction dated Monday, May 11th. The shares were bought at an average cost of $99.75 per share, for a total transaction of $99,750.00. Following the acquisition, the chief operating officer directly owned 17,605 shares in the company, valued at $1,756,098.75. This trade represents a 6.02% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Daniel Mark Taylor purchased 1,611 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The shares were acquired at an average cost of $94.29 per share, with a total value of $151,901.19. Following the completion of the transaction, the chief executive officer owned 34,584 shares in the company, valued at $3,260,925.36. This trade represents a 4.89% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders have bought 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 currently owned by corporate insiders.

Institutional Trading of Flutter Entertainment

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Capital International Investors raised its stake in Flutter Entertainment by 146.8% during the fourth quarter. Capital International Investors now owns 8,039,066 shares of the company’s stock valued at $1,728,772,000 after buying an additional 4,782,302 shares in the last quarter. Cibc World Markets Corp bought a new position in shares of Flutter Entertainment in the fourth quarter valued at approximately $1,678,841,000. Caledonia Private Investments Pty Ltd raised its stake in shares of Flutter Entertainment by 3.8% in the 4th quarter. Caledonia Private Investments Pty Ltd now owns 7,191,861 shares of the company’s stock worth $1,546,538,000 after buying an additional 264,856 shares in the last quarter. Hsbc Holdings PLC increased 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 buying an additional 5,589,099 shares in the last quarter. Finally, Tiger Global Management LLC raised its stake in Flutter Entertainment by 9.4% during the 4th 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.

Key Stories Impacting Flutter Entertainment

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.