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

Posted by Geri Gentry on Oct 1st, 2026

Flutter Entertainment (NYSE:FLUT – Get Free Report) had its target price lowered by research analysts at BTIG Research from $113.00 to $110.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. BTIG Research’s price target would suggest a potential upside of 47.19% from the company’s current price.

Other analysts have also recently issued reports about the company. UBS Group cut their price objective on Flutter Entertainment from $160.00 to $140.00 and set a “buy” rating for the company in a research report on Thursday, August 6th. Barclays dropped their price target on shares of Flutter Entertainment from $151.00 to $133.00 and set an “overweight” rating on the stock in a research note on Thursday, August 6th. Deutsche Bank Aktiengesellschaft set a $148.00 price target on shares of Flutter Entertainment in a report on Thursday, August 6th. Jefferies Financial Group restated a “buy” rating and set a $180.00 price objective on shares of Flutter Entertainment in a research report on Sunday, August 9th. Finally, Stifel Nicolaus decreased their price objective on shares of Flutter Entertainment from $161.00 to $133.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $155.37.

Check Out Our Latest Report on Flutter Entertainment

Flutter Entertainment Price Performance

NYSE:FLUT opened at $74.73 on Thursday. Flutter Entertainment has a 52 week low of $74.35 and a 52 week high of $261.22. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 1.32. The stock has a market capitalization of $12.97 billion, a PE ratio of -17.38, a price-to-earnings-growth ratio of 1.89 and a beta of 1.26. The stock’s 50-day moving average price is $96.79 and its 200-day moving average price is $101.54.

Flutter Entertainment (NYSE:FLUT – Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.49 earnings per share for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.05). The business had revenue of $4.33 billion during the quarter, compared to analyst estimates of $4.24 billion. Flutter Entertainment had a positive return on equity of 7.27% and a negative net margin of 4.39%.The business’s revenue for the quarter was up 3.3% compared to the same quarter last year. During the same period in the previous year, the company posted $2.95 EPS. As a group, equities analysts expect that Flutter Entertainment will post 3.48 EPS for the current fiscal year.

Insider Buying and Selling at Flutter Entertainment

In other Flutter Entertainment news, COO James Bishop sold 741 shares of the company’s stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $97.86, for a total value of $72,514.26. Following the completion of the sale, the chief operating officer directly owned 16,864 shares in the company, valued at $1,650,311.04. This represents a 4.21% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Robert Coldrake sold 710 shares of the firm’s stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $97.86, for a total value of $69,480.60. Following the completion of the sale, the chief financial officer directly owned 22,778 shares of the company’s stock, valued at $2,229,055.08. This trade represents a 3.02% decrease in their ownership of the stock. 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. Over the last quarter, insiders sold 6,681 shares of company stock worth $644,214. 0.13% of the stock is owned by company insiders.

Institutional Investors Weigh In On Flutter Entertainment

Several hedge funds and other institutional investors have recently bought and sold shares of FLUT. LM Advisors LLC acquired a new position in Flutter Entertainment in the 4th quarter valued at about $46,000. Parallel Advisors LLC increased its holdings in shares of Flutter Entertainment by 489.7% during the 1st quarter. Parallel Advisors LLC now owns 460 shares of the company’s stock worth $47,000 after buying an additional 382 shares during the last quarter. CX Institutional raised its position in shares of Flutter Entertainment by 729.7% during the 2nd quarter. CX Institutional now owns 531 shares of the company’s stock valued at $54,000 after buying an additional 467 shares during the period. Allworth Financial LP raised its position in shares of Flutter Entertainment by 167.8% during the 2nd quarter. Allworth Financial LP now owns 557 shares of the company’s stock valued at $57,000 after buying an additional 349 shares during the period. Finally, TD Waterhouse Canada Inc. lifted its holdings in Flutter Entertainment by 65.8% in the second quarter. TD Waterhouse Canada Inc. now owns 630 shares of the company’s stock valued at $67,000 after acquiring an additional 250 shares during the last quarter.

About Flutter Entertainment

(Get Free Report)

Flutter Entertainment plc is a global sports betting and online gaming company headquartered in Dublin, Ireland. The company provides online and retail betting, casino, poker, bingo and lottery-related products through a portfolio of brands serving customers in multiple regulated markets.

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, Sisal in Italy and other markets, and tombola, an online bingo operator.