Barclays Has Lowered Expectations for Flutter Entertainment (NYSE:FLUT) Stock Price

Flutter Entertainment (NYSE:FLUT) had its target price decreased by equities research analysts at Barclays from $133.00 to $125.00 in a note issued to investors on Thursday, Benzinga reports. The brokerage presently has an “overweight” rating on the stock. Barclays‘s price objective points to a potential upside of 53.33% from the stock’s previous close.

A number of other research analysts have also weighed in on FLUT. Benchmark decreased their target price on Flutter Entertainment from $132.00 to $113.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. UBS Group cut their price target on Flutter Entertainment from $140.00 to $130.00 and set a “buy” rating for the company in a report on Tuesday, October 27th. Craig Hallum set a $95.00 price target on Flutter Entertainment in a report on Friday, October 23rd. Jefferies Financial Group reaffirmed a “buy” rating and set a $160.00 price objective on shares of Flutter Entertainment in a research report on Wednesday. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Flutter Entertainment from $114.00 to $110.00 and set a “neutral” rating on the stock in a report on Tuesday, October 20th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $131.07.

Flutter Entertainment Stock Performance

NYSE FLUT traded down $1.44 during trading on Thursday, reaching $81.53. 3,542,024 shares of the company’s stock were exchanged, compared to its average volume of 2,613,464. The business has a 50 day moving average price of $85.47 and a 200-day moving average price of $104.88. The stock has a market capitalization of $14.15 billion, a P/E ratio of -15.41, a PEG ratio of 2.92 and a beta of 1.27. The company has a debt-to-equity ratio of 1.32, a current ratio of 0.89 and a quick ratio of 0.89. Flutter Entertainment has a fifty-two week low of $72.56 and a fifty-two week high of $235.77.

Flutter Entertainment (NYSE:FLUT) last released its quarterly earnings data 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). Flutter Entertainment had a negative net margin of 4.39% and a positive return on equity of 7.27%. The business had revenue of $3.87 billion during the quarter, compared to the consensus estimate of $3.99 billion. During the same quarter in the prior year, the company earned $1.64 EPS. Flutter Entertainment’s quarterly revenue was up 2.1% on a year-over-year basis. Sell-side analysts forecast that Flutter Entertainment will post 3.05 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CEO Jeremy Jackson sold 2,112 shares of the stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $93.32, for a total transaction of $197,091.84. Following the transaction, the chief executive officer owned 72,214 shares in the company, valued at approximately $6,739,010.48. This trade represents a 2.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, COO James Bishop sold 741 shares of Flutter Entertainment 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 sale, 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 disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 6,681 shares of company stock valued at $644,214 in the last ninety days. 0.13% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Flutter Entertainment

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Parallel Advisors LLC boosted its position 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 during the period. CX Institutional increased its position in 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 raised its stake 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 purchasing an additional 349 shares in the last quarter. TD Waterhouse Canada Inc. raised its stake in Flutter Entertainment by 65.8% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 630 shares of the company’s stock worth $67,000 after purchasing an additional 250 shares in the last quarter. Finally, Integrated Wealth Concepts LLC bought a new stake in Flutter Entertainment in the 2nd quarter valued at about $119,000.

Flutter Entertainment News Summary

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

• Positive Sentiment: FanDuel’s betting handle rose 13%, a sign of customer activity that could help support future growth. FanDuel Handle Rises 13% as Flutter Cuts 2026 Revenue Outlook
• Positive Sentiment: Flutter plans to deliver $500 million in additional cost savings by 2029, which could help offset some pressure on earnings. Flutter cuts 2026 guidance and targets $500m more savings by 2029
• Neutral Sentiment: Analysts have reduced several price targets following the results, though some retained positive ratings. UBS, for example, cut its target to $120 but maintained a Buy rating. UBS analyst recommendations
• Negative Sentiment: Flutter missed Q3 revenue and EBITDA expectations and lowered its 2026 outlook. Reports cited unfavorable football results, tax changes and Brazil-related challenges, including an impairment, as factors weighing on performance. Flutter cuts 2026 outlook after Q3 loss Tax hike, football results and Brazil’s betting ban hit Flutter Entertainment
• Negative Sentiment: DraftKings’ sharp selloff after cutting its forecast also pressured Flutter and highlighted investor concern about competition and spending in prediction markets across the betting sector. DraftKings plunges on weak forecast and prediction-market spending

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.