Flutter Entertainment (NYSE:FLUT) Raised to Strong-Buy at Wedbush

Posted by Francis Steltz on Jun 17th, 2026

Flutter Entertainment (NYSE:FLUT – Get Free Report) was upgraded by research analysts at Wedbush to a “strong-buy” rating in a research report issued on Monday,Zacks.com reports.

A number of other equities research analysts have also issued reports on FLUT. Kepler Capital Markets lowered Flutter Entertainment from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 16th. Barclays reduced their price target on Flutter Entertainment from $175.00 to $150.00 and set an “overweight” rating for the company in a research report on Friday, May 8th. Sanford C. Bernstein lowered their price objective on shares of Flutter Entertainment from $125.00 to $115.00 and set a “market perform” rating on the stock in a report on Thursday, May 7th. Susquehanna cut their price objective on shares of Flutter Entertainment from $160.00 to $143.00 and set a “positive” rating on the stock in a research report on Tuesday, March 31st. Finally, Needham & Company LLC reduced their target price on shares of Flutter Entertainment from $150.00 to $135.00 and set a “buy” rating for the company in a report on Thursday, May 7th. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, seven have given a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, Flutter Entertainment has an average rating of “Moderate Buy” and an average target price of $187.42.

View Our Latest Report on FLUT

Flutter Entertainment Price Performance

FLUT stock opened at $108.92 on Monday. The stock has a 50-day moving average price of $103.35 and a two-hundred day moving average price of $142.26. Flutter Entertainment has a 1 year low of $91.52 and a 1 year high of $313.68. The stock has a market cap of $18.95 billion, a PE ratio of -50.90, a price-to-earnings-growth ratio of 1.41 and a beta of 1.40. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 1.27.

Flutter Entertainment (NYSE:FLUT – Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $1.22 EPS for the quarter, beating analysts’ consensus estimates of $1.09 by $0.13. The company had revenue of $4.30 billion for the quarter, compared to analyst estimates of $4.24 billion. Flutter Entertainment had a positive return on equity of 11.60% and a negative net margin of 2.20%.The company’s quarterly revenue was up 17.4% compared to the same quarter last year. During the same period in the previous year, the company posted $1.59 earnings per share. Equities analysts forecast that Flutter Entertainment will post 5 EPS for the current fiscal year.

Flutter Entertainment announced that its board has approved a stock repurchase plan on Wednesday, March 11th that authorizes the company to repurchase $250.00 million in shares. This repurchase authorization authorizes the company to reacquire up to 1.3% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s management believes its stock is undervalued.

Insiders Place Their Bets

In related news, CEO Jeremy Peter Jackson sold 3,084 shares of the business’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $98.13, for a total transaction of $302,632.92. Following the transaction, the chief executive officer directly owned 74,326 shares in the company, valued at approximately $7,293,610.38. The trade was a 3.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director John A. Bryant purchased 1,950 shares of the company’s stock in a transaction on Friday, May 8th. The shares were purchased at an average cost of $102.86 per share, for a total transaction of $200,577.00. Following the completion of the transaction, the director directly owned 9,235 shares of the company’s stock, valued at approximately $949,912.10. This represents a 26.77% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders purchased 10,453 shares of company stock valued at $1,045,526 and sold 5,994 shares valued at $577,293. Corporate insiders own 0.13% of the company’s stock.

Institutional Investors Weigh In On Flutter Entertainment

Several hedge funds have recently bought and sold shares of FLUT. MML Investors Services LLC grew its holdings in Flutter Entertainment by 0.6% during the second quarter. MML Investors Services LLC now owns 7,081 shares of the company’s stock worth $2,024,000 after purchasing an additional 45 shares during the period. OneDigital Investment Advisors LLC increased its position in Flutter Entertainment by 1.2% during the third quarter. OneDigital Investment Advisors LLC now owns 4,057 shares of the company’s stock worth $1,030,000 after buying an additional 49 shares during the last quarter. Stratos Wealth Partners LTD. raised its stake in Flutter Entertainment by 5.7% in the third quarter. Stratos Wealth Partners LTD. now owns 1,074 shares of the company’s stock valued at $273,000 after buying an additional 58 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Flutter Entertainment by 5.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,311 shares of the company’s stock valued at $290,000 after buying an additional 69 shares during the period. Finally, Truist Financial Corp lifted its position in shares of Flutter Entertainment by 2.8% in the fourth quarter. Truist Financial Corp now owns 2,602 shares of the company’s stock valued at $560,000 after buying an additional 72 shares during the last quarter.

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.