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

Key Points

• UBS cut its Flutter price target from $130 to $120 but maintained a Buy rating, implying about 44.8% upside from the share price cited in the report.
• Flutter’s quarterly revenue was $3.87 billion, below analysts’ $3.99 billion estimate, and the company reported a loss per share that missed consensus. The article also says Flutter cut its 2026 outlook after results fell short of expectations.
• Analyst sentiment remains moderately positive: MarketBeat reports a consensus Moderate Buy rating and an average price target of $131.07, despite several firms lowering their targets.

Flutter Entertainment (NYSE:FLUT - Get Free Report) had its price target cut by investment analysts at UBS Group from $130.00 to $120.00 in a report released on Thursday, Benzinga reports. The firm presently has a "buy" rating on the stock. UBS Group's price target would indicate a potential upside of 44.78% from the company's current price.

Other equities analysts have also recently issued research reports about the stock. JPMorgan Chase & Co. lowered their price objective on shares of Flutter Entertainment from $114.00 to $110.00 and set a "neutral" rating on the stock in a research note on Tuesday, October 20th. Wolfe Research initiated coverage on shares of Flutter Entertainment in a research note on Wednesday, September 2nd. They set an "outperform" rating and a $150.00 target price for the company. Moffett Nathanson restated a "neutral" rating and set a $92.00 target price on shares of Flutter Entertainment in a report on Thursday, October 22nd. Citigroup upgraded shares of Flutter Entertainment from a "neutral" rating to a "buy" rating and decreased their price target for the stock from $93.00 to $91.00 in a research report on Wednesday, October 7th. Finally, Needham & Company LLC decreased their price target on shares of Flutter Entertainment from $135.00 to $110.00 and set a "buy" rating on the stock 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 assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $131.07.

Flutter Entertainment Price Performance

NYSE:FLUT opened at $82.88 on Thursday. The business's 50-day moving average price is $85.74 and its 200 day moving average price is $105.40. The firm has a market cap of $14.38 billion, a P/E ratio of -15.67, a PEG ratio of 3.00 and a beta of 1.27. Flutter Entertainment has a 52-week low of $72.56 and a 52-week high of $235.77. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 1.32.

Flutter Entertainment (NYSE:FLUT - Get Free Report) last issued its quarterly earnings results on Wednesday, November 4th. The company reported ($0.18) earnings per share for the quarter, missing analysts' consensus estimates of $0.32 by ($0.50). Flutter Entertainment had a negative net margin of 5.37% and a positive return on equity of 4.26%. The business had revenue of $3.87 billion during the quarter, compared to analyst estimates of $3.99 billion. During the same period in the previous year, the company posted $1.64 earnings per share. Flutter Entertainment's revenue was up 2.1% compared to the same quarter last year. As a group, sell-side analysts predict that Flutter Entertainment will post 3.05 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Flutter Entertainment news, CEO Daniel Taylor sold 791 shares of Flutter Entertainment stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $97.86, for a total value of $77,407.26. Following the completion of the transaction, the chief executive officer owned 52,467 shares in the company, valued at approximately $5,134,420.62. The trade was a 1.49% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Jeremy Jackson sold 2,112 shares of the business's stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $93.32, for a total value of $197,091.84. Following the completion of the transaction, the chief executive officer directly owned 72,214 shares in the company, valued at approximately $6,739,010.48. This represents a 2.84% 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. Insiders sold 6,681 shares of company stock worth $644,214 over the last ninety days. 0.13% of the stock is owned by insiders.

Institutional Trading of Flutter Entertainment

Several hedge funds have recently bought and sold shares of FLUT. Parvus Asset Management Jersey Ltd acquired a new position in shares of Flutter Entertainment in the second quarter valued at approximately $1,552,097,267. Hsbc Holdings PLC raised its holdings in shares of Flutter Entertainment by 33,988.7% during the first quarter. Hsbc Holdings PLC now owns 5,605,543 shares of the company's stock worth $575,185,000 after acquiring an additional 5,589,099 shares during the period. Amundi raised its holdings in shares of Flutter Entertainment by 463.7% during the first quarter. Amundi now owns 2,059,906 shares of the company's stock worth $210,007,000 after acquiring an additional 1,694,474 shares during the period. Renaissance Technologies LLC acquired a new stake in shares of Flutter Entertainment during the first quarter worth $40,562,000. Finally, Public Employees Retirement System of Ohio bought a new stake in Flutter Entertainment in the 2nd quarter valued at $9,881,000.

Key Stories Impacting Flutter Entertainment

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

• Positive Sentiment: FanDuel’s betting handle rose 13%, and U.S. revenue was a bright spot. However, Flutter is using promotions to attract customers, which may weigh on profitability. FanDuel Handle Rises 13% as Flutter Cuts 2026 Revenue Outlook
• Positive Sentiment: Flutter plans an additional $500 million in cost savings by 2029, which could help offset operating pressures. BTIG raised its price target to $96 and retained a Buy rating, while Susquehanna also nudged its target higher. Flutter cuts 2026 outlook and plans cost savings BTIG Research on Flutter
• Negative Sentiment: Third-quarter revenue of $3.87 billion missed estimates, and Flutter reported a $1.15 billion net loss, including a large Brazil impairment. The company also cut its 2026 outlook after revenue and adjusted EBITDA fell short of expectations. Flutter cuts full-year outlook after Q3 miss
• Negative Sentiment: Wells Fargo lowered its target to $86 and Citizens JMP cut its target to $116; Barclays also reduced its target to $125. These revisions signal more cautious expectations, even though the firms’ ratings remain at Equal Weight, Market Outperform and Overweight, respectively. Wells Fargo target cut Citizens JMP target cut

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.

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