Flutter Entertainment (NYSE:FLUT) Sets New 52-Week Low on Analyst Downgrade

Flutter Entertainment PLC (NYSE:FLUT)’s share price hit a new 52-week low during mid-day trading on Thursday after Citizens Jmp lowered their price target on the stock from $313.00 to $275.00. Citizens Jmp currently has a market outperform rating on the stock. Flutter Entertainment traded as low as $179.37 and last traded at $181.1410, with a volume of 3467722 shares. The stock had previously closed at $184.08.

Several other equities research analysts have also issued reports on the stock. Morgan Stanley lowered their target price on shares of Flutter Entertainment from $352.00 to $315.00 and set an “overweight” rating on the stock in a research note on Friday, December 12th. Zacks Research downgraded Flutter Entertainment from a “hold” rating to a “strong sell” rating in a research report on Monday. Needham & Company LLC dropped their price objective on Flutter Entertainment from $325.00 to $300.00 and set a “buy” rating on the stock in a report on Thursday, November 13th. BTIG Research upped their target price on Flutter Entertainment from $271.00 to $281.00 and gave the stock a “buy” rating in a research note on Friday, December 5th. Finally, UBS Group decreased their target price on Flutter Entertainment from $340.00 to $320.00 and set a “buy” rating on the stock in a research report on Friday, November 28th. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Flutter Entertainment has a consensus rating of “Moderate Buy” and a consensus price target of $289.95.

Flutter Entertainment News Roundup

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

• Positive Sentiment: Citizens Jmp trimmed its price target from $313 to $275 but retained a “market outperform” rating, leaving a large implied upside that could support buying interest if company results stabilize. Article Title
• Neutral Sentiment: Bank of America lowered its price target to $210 and moved to a “neutral” rating — a less bearish stance than some peers but still a downgrade in expectations that may limit near‑term upside. Article Title
• Neutral Sentiment: A Benzinga roundup synthesizing 26 analyst views provides context that opinions remain mixed across the sell‑side, so price action will likely track which analyst narratives gain traction. Demystifying Flutter Entertainment
• Negative Sentiment: Craig‑Hallum downgraded FLUT from “buy” to “hold” and set a $200 target, citing accumulating/transitory headwinds; this high‑profile cut has weighed on sentiment and was widely reported. Craig‑Hallum downgrades Flutter MSN coverage
• Negative Sentiment: Zacks cut its rating to “strong sell,” a materially bearish view that can pressure institutional flows and amplify selling momentum. Zacks report
• Negative Sentiment: Coverage notes that FLUT hit a new one‑year low following the analyst downgrades, signaling that market chops have turned decisively negative until visibility on growth and margins improves. 1‑Year Low Report
• Negative Sentiment: Broader headlines pairing upgrades of other tech names with downgrades of Flutter highlight relative sector rotation away from gaming/BC‑exposed names, which can amplify outflows. Sector headlines

Institutional Investors Weigh In On Flutter Entertainment

A number of large investors have recently modified their holdings of FLUT. Vanguard Group Inc. boosted its position in Flutter Entertainment by 1.7% during the third quarter. Vanguard Group Inc. now owns 17,559,354 shares of the company’s stock worth $4,460,076,000 after acquiring an additional 301,879 shares during the last quarter. Parvus Asset Management Jersey Ltd purchased a new position in Flutter Entertainment in the 2nd quarter worth approximately $2,231,266,000. Wellington Management Group LLP boosted its holdings in shares of Flutter Entertainment by 5.5% during the 3rd quarter. Wellington Management Group LLP now owns 3,519,434 shares of the company’s stock worth $903,694,000 after purchasing an additional 182,594 shares during the last quarter. Capital International Investors boosted its holdings in shares of Flutter Entertainment by 4.9% during the 3rd quarter. Capital International Investors now owns 3,256,764 shares of the company’s stock worth $827,841,000 after purchasing an additional 153,390 shares during the last quarter. Finally, Norges Bank purchased a new stake in shares of Flutter Entertainment in the second quarter valued at approximately $930,349,000.

Flutter Entertainment Stock Performance

The stock has a market cap of $31.74 billion, a price-to-earnings ratio of -139.36 and a beta of 1.88. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.96 and a quick ratio of 0.96. The firm has a fifty day moving average of $208.00 and a 200 day moving average of $251.89.

About Flutter Entertainment

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.