Flutter Entertainment (NYSE:FLUT) Downgraded by Zacks Research to Strong Sell

Flutter Entertainment (NYSE:FLUT) was downgraded by Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

Several other research firms have also commented on FLUT. Wedbush reiterated an “outperform” rating and issued a $138.00 price objective on shares of Flutter Entertainment in a research report on Friday, July 17th. Freedom Capital raised shares of Flutter Entertainment to a “hold” rating in a report on Monday, June 22nd. Weiss Ratings reissued a “sell (d)” rating on shares of Flutter Entertainment in a research note on Wednesday, May 27th. Wells Fargo & Company lowered their target price on Flutter Entertainment from $168.00 to $137.00 and set an “equal weight” rating on the stock in a report on Monday, July 20th. Finally, Barclays upped their price objective on Flutter Entertainment from $150.00 to $151.00 and gave the company an “overweight” rating in a research report on Thursday, July 9th. Two analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, eight have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $173.39.

Flutter Entertainment Stock Performance

FLUT opened at $92.96 on Tuesday. Flutter Entertainment has a 1-year low of $89.71 and a 1-year high of $313.68. The stock has a market cap of $16.17 billion, a P/E ratio of -43.44, a P/E/G ratio of 1.44 and a beta of 1.28. The stock’s 50 day simple moving average is $104.63 and its 200 day simple moving average is $114.33. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.90 and a quick ratio of 0.90.

Flutter Entertainment (NYSE:FLUT) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.54 by ($0.05). The firm had revenue of $4.33 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 business’s revenue for the quarter was up 3.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.95 earnings per share. As a group, equities analysts anticipate that Flutter Entertainment will post 4.72 EPS for the current fiscal year.

Insider Activity at Flutter Entertainment

In other news, COO James Philip Bishop bought 1,000 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The shares were acquired at an average cost of $99.75 per share, with a total value of $99,750.00. Following the transaction, the chief operating officer owned 17,605 shares of the company’s stock, valued at $1,756,098.75. This represents a 6.02% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director John A. Bryant purchased 1,950 shares of the stock in a transaction on Friday, May 8th. The shares were purchased at an average cost of $102.86 per share, with a total value of $200,577.00. Following the transaction, the director owned 9,235 shares of the company’s stock, valued at $949,912.10. This trade represents a 26.77% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders have bought 10,453 shares of company stock valued at $1,045,526 and have sold 5,994 shares valued at $577,293. Company insiders own 0.13% of the company’s stock.

Institutional Trading of Flutter Entertainment

A number of institutional investors have recently modified their holdings of the company. Zions Bancorporation National Association UT raised its holdings in Flutter Entertainment by 1,685.7% in the fourth quarter. Zions Bancorporation National Association UT now owns 125 shares of the company’s stock valued at $27,000 after buying an additional 118 shares during the period. EFG International AG acquired a new stake in shares of Flutter Entertainment in the fourth quarter worth $36,000. IFP Advisors Inc raised its stake in shares of Flutter Entertainment by 93.8% in the 4th quarter. IFP Advisors Inc now owns 186 shares of the company’s stock valued at $40,000 after acquiring an additional 90 shares during the period. Towarzystwo Funduszy Inwestycyjnych PZU SA raised its stake in shares of Flutter Entertainment by 83.3% in the 3rd quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 165 shares of the company’s stock valued at $42,000 after acquiring an additional 75 shares during the period. Finally, LM Advisors LLC acquired a new position in shares of Flutter Entertainment during the 4th quarter valued at $46,000.

Flutter Entertainment News Roundup

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

• Positive Sentiment: Second-quarter revenue increased 3.3% year over year to $4.33 billion, exceeding analyst expectations of approximately $4.24 billion. The result indicates continued top-line growth despite pressure in the company’s U.S. operations. Flutter Entertainment Announces Q2 2026 Financial Results
• Positive Sentiment: BTIG maintained a “buy” rating, although it reduced its price target from $120 to $113, implying substantial potential upside based on the referenced trading level. BTIG price-target update
• Neutral Sentiment: Dan Taylor, currently a Flutter executive, will become group CEO on October 1, 2026. Peter Jackson will leave the CEO role and Flutter’s board on September 30 after roughly nine years leading the company. Taylor’s familiarity with the business may provide continuity, but investors will assess whether he can improve U.S. sports-betting performance. Flutter Board announces CEO transition
• Negative Sentiment: Adjusted earnings per share came in at $0.49, below the approximately $0.54 consensus estimate and sharply below $2.95 a year earlier. The earnings shortfall, along with reports that the company swung to a loss, weighed heavily on sentiment. Flutter Entertainment Q2 Earnings Lag Estimates
• Negative Sentiment: Flutter lowered its 2026 profit outlook again and issued revenue guidance of $17.4 billion to $18.4 billion, with the midpoint below the roughly $18.3 billion analyst expectation. Management cited continued weakness in the U.S. sports-betting business, increasing concerns about near-term growth and profitability. Flutter CEO to Step Down as U.S. Sports-Betting Business Falters

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.