Flutter Entertainment (NYSE:FLUT) Hits New 1-Year Low on Disappointing Earnings

Flutter Entertainment PLC (NYSE:FLUT) hit a new 52-week low during trading on Thursday following a weaker than expected earnings announcement. The stock traded as low as $89.71 and last traded at $92.96, with a volume of 15701191 shares traded. The stock had previously closed at $104.96.

The company reported $0.49 earnings per share for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.05). The firm had revenue of $4.33 billion during the quarter, compared to analysts’ expectations of $4.24 billion. Flutter Entertainment had a negative net margin of 4.39% and a positive return on equity of 7.27%. The company’s revenue for the quarter was up 3.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.95 EPS.

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

Analysts Set New Price Targets

Several research firms have issued reports on FLUT. Sanford C. Bernstein cut their target price on Flutter Entertainment from $125.00 to $115.00 and set a “market perform” rating for the company in a research note on Thursday, May 7th. Oppenheimer decreased their price target on Flutter Entertainment from $210.00 to $160.00 and set an “outperform” rating on the stock in a research note on Monday, April 13th. Freedom Capital upgraded Flutter Entertainment to a “hold” rating in a report on Monday, June 22nd. Benchmark cut their price objective on Flutter Entertainment from $132.00 to $113.00 and set a “buy” rating for the company in a research report on Thursday. Finally, Citigroup restated an “outperform” rating on shares of Flutter Entertainment in a report on Wednesday, July 8th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Flutter Entertainment presently has an average rating of “Moderate Buy” and an average price target of $160.23.

Insiders Place Their Bets

In other Flutter Entertainment news, insider Don H. Liu sold 1,259 shares of Flutter Entertainment stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $93.37, for a total value of $117,552.83. Following the completion of the transaction, the insider directly owned 21,006 shares of the company’s stock, valued at $1,961,330.22. The trade was a 5.65% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Carolan Lennon sold 439 shares of the stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $94.63, for a total transaction of $41,542.57. Following the sale, the director directly owned 1,688 shares in the company, valued at $159,735.44. This represents a 20.64% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders acquired 4,144 shares of company stock valued at $399,337 and sold 5,865 shares valued at $564,213. Corporate insiders own 0.13% of the company’s stock.

Institutional Investors Weigh In On Flutter Entertainment

Hedge funds have recently added to or reduced their stakes in the business. Norges Bank purchased a new position in Flutter Entertainment in the fourth quarter valued at approximately $694,009,000. Peregrine Capital Management LLC raised its holdings in Flutter Entertainment by 34.2% during the fourth quarter. Peregrine Capital Management LLC now owns 150,979 shares of the company’s stock worth $32,467,000 after purchasing an additional 38,469 shares in the last quarter. Capricorn Fund Managers Ltd purchased a new stake in shares of Flutter Entertainment during the 1st quarter worth approximately $3,670,000. Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its position in shares of Flutter Entertainment by 53.3% during the 1st quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 64,054 shares of the company’s stock worth $6,530,000 after buying an additional 22,270 shares during the last quarter. Finally, TimesSquare Capital Management LLC boosted its holdings in shares of Flutter Entertainment by 5.3% in the 4th quarter. TimesSquare Capital Management LLC now owns 399,081 shares of the company’s stock valued at $85,818,000 after buying an additional 20,203 shares in the last quarter.

Flutter Entertainment Stock Performance

The company has a current ratio of 0.89, a quick ratio of 0.90 and a debt-to-equity ratio of 1.32. The firm’s fifty day moving average price is $104.52 and its 200-day moving average price is $113.52. The firm has a market cap of $16.39 billion, a price-to-earnings ratio of -21.96, a PEG ratio of 1.27 and a beta of 1.28.

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.