Flutter Entertainment (NYSE:FLUT) Downgraded by Wall Street Zen to Sell

Wall Street Zen lowered shares of Flutter Entertainment (NYSE:FLUTFree Report) from a hold rating to a sell rating in a research report released on Saturday morning.

A number of other research analysts have also recently weighed in on the company. Citizens Jmp lowered their price objective on Flutter Entertainment from $165.00 to $159.00 and set a “market outperform” rating on the stock in a research report on Wednesday, July 8th. BTIG Research reduced their target price on shares of Flutter Entertainment from $120.00 to $113.00 and set a “buy” rating for the company in a report on Wednesday. Needham & Company LLC decreased their target price on shares of Flutter Entertainment from $135.00 to $110.00 and set a “buy” rating on the stock in a research note on Thursday. Moffett Nathanson lowered shares of Flutter Entertainment from a “buy” rating to a “neutral” rating and set a $127.00 price target for the company. in a research report on Friday, April 24th. Finally, Deutsche Bank Aktiengesellschaft set a $148.00 price objective on shares of Flutter Entertainment in a research note on Thursday. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Flutter Entertainment currently has a consensus rating of “Moderate Buy” and a consensus price target of $160.23.

Read Our Latest Stock Report on FLUT

Flutter Entertainment Price Performance

Shares of Flutter Entertainment stock opened at $94.44 on Friday. Flutter Entertainment has a one year low of $89.71 and a one year high of $309.41. The stock’s fifty day moving average is $104.52 and its 200 day moving average is $113.52. The stock has a market cap of $16.39 billion, a P/E ratio of -21.96, a P/E/G ratio of 1.30 and a beta of 1.28. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.90 and a current ratio of 0.89.

Flutter Entertainment (NYSE:FLUTGet Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.49 earnings per share (EPS) 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 company had revenue of $4.33 billion for the quarter, compared to the consensus estimate of $4.24 billion. During the same period in the prior year, the firm posted $2.95 EPS. The business’s revenue for the quarter was up 3.3% on a year-over-year basis. Sell-side analysts anticipate that Flutter Entertainment will post 4.72 earnings per share for the current year.

Insider Activity at Flutter Entertainment

In other Flutter Entertainment news, CEO Daniel Mark Taylor purchased 1,611 shares of the stock in a transaction that occurred on Tuesday, May 12th. The shares were bought at an average cost of $94.29 per share, with a total value of $151,901.19. Following the acquisition, the chief executive officer owned 34,584 shares in the company, valued at approximately $3,260,925.36. This trade represents a 4.89% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, COO James Philip Bishop acquired 1,000 shares of the business’s stock in a transaction on Monday, May 11th. The shares were bought 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 in the company, valued at approximately $1,756,098.75. This represents a 6.02% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last three months, insiders have purchased 4,144 shares of company stock worth $399,337 and have sold 5,865 shares worth $564,213. Company insiders own 0.13% of the company’s stock.

Hedge Funds Weigh In On Flutter Entertainment

Several institutional investors have recently bought and sold shares of FLUT. Zions Bancorporation National Association UT lifted its stake in Flutter Entertainment by 1,685.7% in the 4th quarter. Zions Bancorporation National Association UT now owns 125 shares of the company’s stock worth $27,000 after purchasing an additional 118 shares in the last quarter. EFG International AG purchased a new position in shares of Flutter Entertainment during the fourth quarter valued at about $36,000. IFP Advisors Inc grew its position in shares of Flutter Entertainment by 93.8% during the fourth quarter. IFP Advisors Inc now owns 186 shares of the company’s stock valued at $40,000 after purchasing an additional 90 shares in the last quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA increased its holdings in shares of Flutter Entertainment by 83.3% in the third quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 165 shares of the company’s stock worth $42,000 after purchasing an additional 75 shares during the last quarter. Finally, LM Advisors LLC bought a new stake in shares of Flutter Entertainment in the fourth quarter worth about $46,000.

More Flutter Entertainment News

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

About Flutter Entertainment

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Flutter Entertainment (NYSE:FLUT)

Receive News & Ratings for Flutter Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Flutter Entertainment and related companies with MarketBeat.com's FREE daily email newsletter.