Flutter Entertainment (NYSE:FLUT) Stock Gets Price Target Cut from Sanford C. Bernstein

Flutter Entertainment (NYSE:FLUT) had its price target trimmed by Sanford C. Bernstein from $110.00 to $100.00 in a report released on Tuesday,Benzinga reports. The firm currently has a market perform rating on the stock.

FLUT has been the topic of a number of other research reports. Weiss Ratings restated a “sell (d)” rating on shares of Flutter Entertainment in a research note on Monday, August 24th. Barclays reduced their price objective on Flutter Entertainment from $151.00 to $133.00 and set an “overweight” rating for the company in a research note on Thursday, August 6th. Wells Fargo & Company decreased their price objective on Flutter Entertainment from $137.00 to $112.00 and set an “equal weight” rating for the company in a report on Thursday, August 6th. Rothschild & Co Redburn downgraded Flutter Entertainment from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $169.00 to $119.00 in a report on Monday, September 21st. Finally, Zacks Research lowered shares of Flutter Entertainment from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 4th. Two analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, Flutter Entertainment presently has an average rating of “Moderate Buy” and an average price target of $131.44.

Flutter Entertainment Stock Performance

Shares of FLUT stock opened at $82.88 on Tuesday. The stock’s 50-day moving average is $85.74 and its two-hundred day moving average is $105.40. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.89 and a current ratio of 0.89. Flutter Entertainment has a 1 year low of $72.56 and a 1 year high of $235.77. The firm has a market cap of $14.38 billion, a price-to-earnings ratio of 39.32, a PEG ratio of 3.00 and a beta of 1.27.

Flutter Entertainment (NYSE:FLUT) last posted its earnings results on Wednesday, November 4th. The company reported ($0.18) earnings per share 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 analysts’ expectations of $3.99 billion. Flutter Entertainment had a negative net margin of 5.37% and a positive return on equity of 4.26%. The firm’s revenue for the quarter was up 2.1% on a year-over-year basis. During the same period in the previous year, the firm posted $1.64 earnings per share. Analysts predict that Flutter Entertainment will post 3.05 earnings per share for the current year.

Insider Buying and Selling at Flutter Entertainment

In related news, CEO Daniel Taylor sold 791 shares of the business’s stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $97.86, for a total value of $77,407.26. Following the transaction, the chief executive officer owned 52,467 shares in the company, valued at $5,134,420.62. The trade was a 1.49% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Robert Coldrake sold 710 shares of the business’s stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $97.86, for a total value of $69,480.60. Following the completion of the transaction, the chief financial officer owned 22,778 shares in the company, valued at $2,229,055.08. This trade represents a 3.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders have sold 6,681 shares of company stock valued at $644,214. Corporate insiders own 0.13% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of FLUT. Parallel Advisors LLC boosted its holdings in shares of Flutter Entertainment by 489.7% in the first quarter. Parallel Advisors LLC now owns 460 shares of the company’s stock valued at $47,000 after acquiring an additional 382 shares in the last quarter. CX Institutional increased its stake in shares of Flutter Entertainment by 729.7% during the second quarter. CX Institutional now owns 531 shares of the company’s stock worth $54,000 after acquiring an additional 467 shares during the period. Allworth Financial LP increased its stake in shares of Flutter Entertainment by 167.8% during the second quarter. Allworth Financial LP now owns 557 shares of the company’s stock worth $57,000 after acquiring an additional 349 shares during the period. TD Waterhouse Canada Inc. increased its stake in shares of Flutter Entertainment by 65.8% during the second quarter. TD Waterhouse Canada Inc. now owns 630 shares of the company’s stock worth $67,000 after acquiring an additional 250 shares during the period. Finally, Integrated Wealth Concepts LLC purchased a new position in Flutter Entertainment during the second quarter worth about $119,000.

Flutter Entertainment News Summary

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.