Flutter Entertainment (NYSE:FLUT) Price Target Cut to $150.00 by Analysts at Needham & Company LLC

Flutter Entertainment (NYSE:FLUT) had its price target cut by Needham & Company LLC from $300.00 to $150.00 in a research note issued to investors on Friday morning,Benzinga reports. They currently have a buy rating on the stock.

Other equities analysts also recently issued reports about the stock. UBS Group dropped their target price on shares of Flutter Entertainment from $320.00 to $300.00 and set a “buy” rating for the company in a report on Tuesday, February 10th. Bank of America lowered their price target on shares of Flutter Entertainment from $250.00 to $210.00 and set a “neutral” rating on the stock in a research report on Thursday, January 22nd. Citizens Jmp dropped their price objective on shares of Flutter Entertainment from $313.00 to $275.00 and set a “market outperform” rating for the company in a research note on Thursday, January 22nd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Flutter Entertainment in a research note on Monday, December 29th. Finally, Stifel Nicolaus lowered their target price on Flutter Entertainment from $304.00 to $259.00 and set a “buy” rating on the stock in a report on Friday, January 30th. Three analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $237.15.

Flutter Entertainment Price Performance

Shares of FLUT traded down $16.89 during trading hours on Friday, reaching $106.24. The company had a trading volume of 21,973,041 shares, compared to its average volume of 4,712,606. The firm has a 50 day simple moving average of $174.32 and a 200-day simple moving average of $223.80. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 1.27. The company has a market capitalization of $18.62 billion, a price-to-earnings ratio of -59.02, a PEG ratio of 0.25 and a beta of 1.88. Flutter Entertainment has a 12-month low of $99.96 and a 12-month high of $313.68.

Flutter Entertainment (NYSE:FLUT) last released its quarterly earnings data on Thursday, February 26th. The company reported $1.74 EPS for the quarter, missing analysts’ consensus estimates of $2.11 by ($0.37). The company had revenue of $4.74 billion for the quarter, compared to analysts’ expectations of $4.87 billion. Flutter Entertainment had a positive return on equity of 11.91% and a negative net margin of 1.89%.The firm’s quarterly revenue was up 24.9% on a year-over-year basis. During the same period in the prior year, the firm posted $2.94 EPS. Research analysts expect that Flutter Entertainment will post 4.17 earnings per share for the current year.

Institutional Investors Weigh In On Flutter Entertainment

Several hedge funds have recently made changes to their positions in FLUT. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Flutter Entertainment by 5.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,311 shares of the company’s stock worth $290,000 after buying an additional 69 shares during the period. Sivia Capital Partners LLC acquired a new position in shares of Flutter Entertainment during the 2nd quarter valued at about $405,000. Focus Partners Advisor Solutions LLC purchased a new position in shares of Flutter Entertainment during the 2nd quarter worth about $242,000. Envestnet Asset Management Inc. boosted its position in shares of Flutter Entertainment by 24.8% in the second quarter. Envestnet Asset Management Inc. now owns 68,772 shares of the company’s stock worth $19,652,000 after acquiring an additional 13,673 shares during the last quarter. Finally, Assetmark Inc. grew its holdings in Flutter Entertainment by 9.6% in the second quarter. Assetmark Inc. now owns 16,952 shares of the company’s stock valued at $4,844,000 after purchasing an additional 1,485 shares during the period.

Key Flutter Entertainment News

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

• Positive Sentiment: Several Wall Street firms kept “buy”/”overweight” stances and continue to see meaningful upside despite trimming targets, signalling continued conviction in Flutter’s long‑term position (analysts cite competitive strengths and attractive risk/reward). TipRanks story
• Positive Sentiment: Top-line growth remains solid: revenue rose ~25% year‑over‑year in the quarter, showing demand expansion even as profitability is under pressure. Earnings press release
• Neutral Sentiment: Annual Report and Accounts 2025 published — useful for detailed financials and accounting disclosures but not market moving on its own. GlobeNewswire
• Neutral Sentiment: Some outlets note a small EPS beat versus a narrow consensus (Zacks view) but that contrasts with broader consensus misses — mixed signals on the quarter depending on which benchmark you use. Zacks
• Negative Sentiment: Disappointing Q4 results and weak FY‑2026 guidance: EPS missed broader consensus (reported $1.74 vs. an often‑cited $2.11 consensus) and revenue was below estimates; management forecasted materially softer profit growth for 2026, citing U.S. market headwinds. This guidance shortfall is the primary driver of the stock decline. Reuters
• Negative Sentiment: Operational headwinds in the U.S.: high NFL hold and promotional missteps reduced betting volumes and customer engagement, and management said customer growth moderated while market share slipped in Q4. These are concrete execution risks for FanDuel, Flutter’s largest profit driver. LegalSportsReport
• Negative Sentiment: Market reaction and analyst re‑pricing: shares dropped sharply after the report and multiple brokers cut price targets (examples include Needham, Benchmark, Truist, BTIG, Citizens/JMP, Barclays and Oppenheimer), reflecting a re‑rating of near‑term earnings power. That repricing increases downside risk near term. Benzinga roundup

Flutter Entertainment Company Profile

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.