Flutter Entertainment (NYSE:FLUT) Stock Price Target Raised at Susquehanna

Flutter Entertainment (NYSE:FLUT) had its price objective hoisted by Susquehanna from $100.00 to $101.00 in a research note released on Thursday morning,Benzinga reports. Susquehanna currently has a positive rating on the stock.

FLUT has been the topic of a number of other reports. Deutsche Bank Aktiengesellschaft set a $148.00 price objective on Flutter Entertainment in a report on Thursday, August 6th. Citizens Jmp dropped their target price on Flutter Entertainment from $145.00 to $129.00 and set a “market outperform” rating on the stock in a research report on Tuesday, October 13th. Stifel Nicolaus set a $124.00 target price on Flutter Entertainment in a research report on Wednesday. Wells Fargo & Company cut their price target on shares of Flutter Entertainment from $137.00 to $112.00 and set an “equal weight” rating on the stock in a report on Thursday, August 6th. Finally, Barclays reduced their price target on shares of Flutter Entertainment from $151.00 to $133.00 and set an “overweight” rating for the company in a research report on Thursday, August 6th. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $131.44.

Flutter Entertainment Trading Up 1.3%

NYSE:FLUT opened at $82.88 on Thursday. The company has a market capitalization of $14.38 billion, a P/E ratio of 39.32, a PEG ratio of 3.00 and a beta of 1.27. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 1.32. Flutter Entertainment has a 12 month low of $72.56 and a 12 month high of $235.77. The firm has a fifty day simple moving average of $85.74 and a 200-day simple moving average of $105.40.

Flutter Entertainment (NYSE:FLUT) last released its earnings results on Wednesday, November 4th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.50). The firm had revenue of $3.87 billion during the quarter, compared to analyst estimates of $3.99 billion. Flutter Entertainment had a negative net margin of 5.37% and a positive return on equity of 4.26%. Flutter Entertainment’s revenue was up 2.1% on a year-over-year basis. During the same period in the previous year, the company earned $1.64 earnings per share. On average, equities research analysts anticipate that Flutter Entertainment will post 3.05 earnings per share for the current year.

Insider Activity at Flutter Entertainment

In other Flutter Entertainment news, COO James Bishop sold 741 shares of the business’s stock in a transaction that occurred 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 transaction, the chief operating officer directly owned 16,864 shares of the company’s stock, valued at approximately $1,650,311.04. The trade was a 4.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Don Liu sold 565 shares of the stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $97.86, for a total transaction of $55,290.90. Following the sale, the insider directly owned 20,441 shares in the company, valued at $2,000,356.26. This trade represents a 2.69% decrease in their ownership of the stock. 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. Insiders sold 6,681 shares of company stock valued at $644,214 in the last 90 days. 0.13% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Flutter Entertainment

Institutional investors and hedge funds have recently modified their holdings of the business. TD Waterhouse Canada Inc. lifted its position in shares of Flutter Entertainment by 65.8% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 630 shares of the company’s stock valued at $67,000 after buying an additional 250 shares in the last quarter. Parallel Advisors LLC grew its stake in Flutter Entertainment by 50.6% in the 3rd quarter. Parallel Advisors LLC now owns 917 shares of the company’s stock valued at $68,000 after acquiring an additional 308 shares during the period. The Manufacturers Life Insurance Company increased its holdings in Flutter Entertainment by 3.6% in the 1st quarter. The Manufacturers Life Insurance Company now owns 9,447 shares of the company’s stock worth $963,000 after acquiring an additional 328 shares in the last quarter. Allworth Financial LP increased its holdings in Flutter Entertainment by 167.8% in the 2nd quarter. Allworth Financial LP now owns 557 shares of the company’s stock worth $57,000 after acquiring an additional 349 shares in the last quarter. Finally, CX Institutional increased its holdings in Flutter Entertainment by 729.7% in the 2nd quarter. CX Institutional now owns 531 shares of the company’s stock worth $54,000 after acquiring an additional 467 shares in the last quarter.

Flutter Entertainment News Roundup

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

• Positive Sentiment: FanDuel’s handle increased 13%, a sign of higher betting volume. Flutter also plans an additional $500 million in cost savings by 2029, although increased promotions to attract customers could weigh on near-term profit. FanDuel Handle Rises 13% as Flutter Cuts 2026 Revenue Outlook Flutter cuts 2026 outlook and plans cost savings
• Positive Sentiment: Some analysts remain constructive: Susquehanna raised its target to $101, while Barclays and Citizens JMP retained positive ratings despite lowering their targets. Susquehanna analyst update Barclays analyst update
• Neutral Sentiment: Analyst views are mixed: BTIG raised its target to $96 with a Buy rating, while Wells Fargo cut its target to $86 and kept an Equal Weight rating. BTIG analyst update Wells Fargo analyst update
• Negative Sentiment: Third-quarter results missed expectations: revenue was $3.87 billion versus roughly $3.99 billion expected, and Flutter reported a $0.18 per-share loss. A large Brazil impairment contributed to a reported quarterly net loss exceeding $1 billion. Flutter results miss the mark; U.S. revenue was a bright spot
• Negative Sentiment: Flutter cut its 2026 outlook amid Brazil-related challenges, tax increases and unfavorable sports results. It also paused share buybacks to prioritize debt reduction and cost savings, removing a source of shareholder returns. Tax hike, football results and Brazil’s betting ban hit Flutter Flutter pauses share buybacks

Flutter Entertainment Company Profile

Flutter Entertainment plc is a global sports betting and online gaming company headquartered in Dublin, Ireland. The company operates a portfolio of betting, gaming, poker and daily fantasy sports brands, serving customers through online platforms, mobile applications and, in some markets, retail locations.

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, and Sisal and SNAI in Italy.