Flutter Entertainment (NYSE:FLUT – Free Report) had its price target cut by Benchmark from $175.00 to $132.00 in a research report sent to investors on Thursday morning,Benzinga reports. They currently have a buy rating on the stock.
Other equities analysts have also recently issued research reports about the company. Sanford C. Bernstein decreased their price target on Flutter Entertainment from $125.00 to $115.00 and set a “market perform” rating on the stock in a report on Thursday. Texas Capital raised Flutter Entertainment to a “strong-buy” rating in a report on Thursday, January 8th. Moffett Nathanson downgraded shares of Flutter Entertainment from a “buy” rating to a “neutral” rating and set a $127.00 target price on the stock. in a research report on Friday, April 24th. Wells Fargo & Company reaffirmed an “equal weight” rating and set a $228.00 target price (down from $248.00) on shares of Flutter Entertainment in a report on Wednesday, January 14th. Finally, Citizens Jmp dropped their price objective on Flutter Entertainment from $195.00 to $188.00 and set a “market outperform” rating on the stock in a research note on Wednesday, April 8th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, seven have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $194.23.
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Flutter Entertainment Price Performance
Flutter Entertainment (NYSE:FLUT – Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $1.22 EPS for the quarter, beating analysts’ consensus estimates of $1.09 by $0.13. The firm 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 11.47% and a negative net margin of 2.20%.The business’s quarterly revenue was up 17.4% compared to the same quarter last year. During the same period last year, the company earned $1.59 EPS. As a group, equities research analysts forecast that Flutter Entertainment will post 5.14 earnings per share for the current year.
Flutter Entertainment declared that its Board of Directors has approved a stock repurchase program on Wednesday, March 11th that authorizes the company to repurchase $250.00 million in shares. This repurchase authorization authorizes the company to buy up to 1.3% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s leadership believes its shares are undervalued.
Insider Activity
In other news, CEO Jeremy Peter Jackson sold 4,326 shares of the company’s stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $108.00, for a total transaction of $467,208.00. Following the sale, the chief executive officer directly owned 36,788 shares in the company, valued at $3,973,104. This represents a 10.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Amy Howe sold 8,895 shares of the firm’s stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $105.91, for a total transaction of $942,069.45. Following the completion of the transaction, the chief executive officer owned 78,889 shares of the company’s stock, valued at $8,355,133.99. This trade represents a 10.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 17,834 shares of company stock worth $1,900,331 over the last ninety days. Company insiders own 0.09% of the company’s stock.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the company. Cibc World Markets Corp purchased a new position in Flutter Entertainment during the fourth quarter worth about $1,678,841,000. Hsbc Holdings PLC grew its stake in Flutter Entertainment by 33,988.7% in the 1st quarter. Hsbc Holdings PLC now owns 5,605,543 shares of the company’s stock worth $575,185,000 after buying an additional 5,589,099 shares in the last quarter. Capital International Investors raised its position in shares of Flutter Entertainment by 146.8% during the 4th 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. Norges Bank purchased a new stake in shares of Flutter Entertainment in the 4th quarter valued at $694,009,000. Finally, Durable Capital Partners LP increased its stake in shares of Flutter Entertainment by 274.2% in the third quarter. Durable Capital Partners LP now owns 1,243,988 shares of the company’s stock worth $315,973,000 after buying an additional 911,507 shares during the period.
Flutter Entertainment News Summary
Here are the key news stories impacting Flutter Entertainment this week:
- Positive Sentiment: Q1 results beat: revenue $4.30bn (+17.4% YoY) and EPS $1.22 topped estimates, showing top-line momentum despite margin pressure. Q1 2026 Financial Results
- Positive Sentiment: Share buyback continuation: management is actively redeeming U.S. shares under its $5bn repurchase program and has cancelled recently repurchased shares — a direct capital-return tailwind. Flutter Continues $5bn Buyback With Fresh US Share Redemption
- Neutral Sentiment: London listing review ongoing: Flutter says it will conclude its London-listing review in Q2 — this is being watched for corporate-structure implications but no decision yet. Flutter keeps 2026 targets, to wrap London listing review in Q2
- Neutral Sentiment: AWS data-center outage briefly disrupted trading on FanDuel (and other platforms); operational interruptions can create short-lived volatility but are not a fundamental change. AWS data center outage hits trading on Fanduel, Coinbase — recovery to take hours
- Negative Sentiment: Management shake-up at FanDuel: CEO Amy Howe has departed and U.S. leadership was restructured — investors may view this as governance risk and a catalyst for near-term uncertainty at Flutter’s largest market. Betting giant Flutter overhauls management at US FanDuel unit
- Negative Sentiment: Profit and guidance pain: net income fell sharply and the company trimmed full-year guidance, which is weighing on sentiment despite the revenue beat. Flutter shares slide 4% as profit drop and US struggles overshadow revenue beat
- Negative Sentiment: Analysts trimming targets: several firms have cut price targets (Benchmark, BTIG, Needham, Wells Fargo, Citizens/JMP), reflecting caution on U.S. growth and margins — added pressure on the stock. Analyst price-target coverage roundup
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.
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