Wall Street Zen Downgrades Flutter Entertainment (NYSE:FLUT) to Sell

Key Points

• Wall Street Zen downgraded Flutter Entertainment to “sell” from “hold,” while other analysts also reduced price targets. Despite the negative revisions, the broader analyst consensus remains “Moderate Buy,” with a $160.23 average price target.
• Flutter’s latest quarter showed revenue above expectations at $4.33 billion, up 3.3% year over year, but earnings per share of $0.49 missed the $0.54 consensus estimate. The company continues to report a negative net margin.
• FLUT shares opened at $94.44, near the lower end of their 52-week range of $89.71 to $309.41. Insider activity was mixed over the past 90 days, with executives purchasing 4,144 shares and selling 5,865 shares.

Flutter Entertainment (NYSE:FLUT - Get Free Report) was downgraded by investment analysts at Wall Street Zen from a "hold" rating to a "sell" rating in a research note issued to investors on Saturday.

Other equities analysts also recently issued research reports about the company. Wedbush decreased their price objective on Flutter Entertainment from $138.00 to $126.00 and set an "outperform" rating for the company in a report on Thursday. Needham & Company LLC dropped their target price on shares of Flutter Entertainment from $135.00 to $110.00 and set a "buy" rating on the stock in a report on Thursday. Barclays reduced their target price on shares of Flutter Entertainment from $151.00 to $133.00 and set an "overweight" rating on the stock in a research report on Thursday. Zacks Research lowered shares of Flutter Entertainment from a "hold" rating to a "strong sell" rating in a research note on Tuesday. Finally, Weiss Ratings reissued a "sell (d)" rating on shares of Flutter Entertainment in a research report on Wednesday, May 27th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $160.23.

Flutter Entertainment Stock Up 1.5%

FLUT stock opened at $94.44 on Friday. Flutter Entertainment has a fifty-two week low of $89.71 and a fifty-two week high of $309.41. The company has a market capitalization of $16.39 billion, a price-to-earnings ratio of -21.96, a price-to-earnings-growth ratio of 1.27 and a beta of 1.28. The business's 50 day moving average price is $104.52 and its two-hundred day moving average price is $113.52. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.90 and a current ratio of 0.89.

Flutter Entertainment (NYSE:FLUT - Get Free Report) last released its earnings results on Wednesday, August 5th. The company reported $0.49 EPS for the quarter, missing analysts' consensus estimates of $0.54 by ($0.05). Flutter Entertainment had a negative net margin of 4.39% and a positive return on equity of 7.27%. The firm had revenue of $4.33 billion during the quarter, compared to analysts' expectations of $4.24 billion. During the same quarter in the previous year, the business earned $2.95 EPS. The company's revenue for the quarter was up 3.3% compared to the same quarter last year. As a group, analysts forecast that Flutter Entertainment will post 4.72 earnings per share for the current fiscal year.

Insider Buying and Selling at Flutter Entertainment

In other news, insider Don H. Liu sold 1,259 shares of the stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $93.37, for a total value of $117,552.83. Following the sale, the insider directly owned 21,006 shares of the company's stock, valued at approximately $1,961,330.22. This represents a 5.65% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, 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 Philip Bishop purchased 1,000 shares of Flutter Entertainment stock in a transaction dated Monday, May 11th. The shares were bought at an average price of $99.75 per share, with a total value of $99,750.00. Following the completion of the acquisition, the chief operating officer directly owned 17,605 shares of the company's stock, valued at approximately $1,756,098.75. This represents a 6.02% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders have bought 4,144 shares of company stock valued at $399,337 and have sold 5,865 shares valued at $564,213. 0.13% of the stock is owned by corporate insiders.

Institutional Trading of Flutter Entertainment

Institutional investors have recently bought and sold shares of the company. Capital International Investors raised its holdings in Flutter Entertainment by 146.8% in the fourth quarter. Capital International Investors now owns 8,039,066 shares of the company's stock worth $1,728,772,000 after buying an additional 4,782,302 shares during the last quarter. Cibc World Markets Corp bought a new position in shares of Flutter Entertainment in the fourth quarter worth approximately $1,678,841,000. Caledonia Private Investments Pty Ltd grew its holdings in shares of Flutter Entertainment by 3.8% during the fourth quarter. Caledonia Private Investments Pty Ltd now owns 7,191,861 shares of the company's stock valued at $1,546,538,000 after buying an additional 264,856 shares during the last quarter. Hsbc Holdings PLC grew 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 valued at $575,185,000 after buying an additional 5,589,099 shares during the last quarter. Finally, Tiger Global Management LLC increased its position in shares of Flutter Entertainment by 9.4% during the fourth quarter. Tiger Global Management LLC now owns 4,003,542 shares of the company's stock valued at $860,922,000 after acquiring an additional 345,350 shares in the last quarter.

Key Headlines Impacting Flutter Entertainment

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

• Positive Sentiment: Analysts see potential upside after the selloff. Citi upgraded Flutter to “neutral,” saying the roughly 13% decline since April has reset expectations, while maintaining a target near $93. Benchmark, Stifel and Needham also retained “buy” ratings despite lowering their price targets. Citi upgrades Flutter after 13% share price slide
• Positive Sentiment: Revenue exceeded expectations. Flutter reported quarterly revenue of approximately $4.33 billion, ahead of the $4.24 billion consensus estimate and up 3.3% year over year. Investor Michael Burry has also reportedly viewed the depressed valuation as a buying opportunity. Flutter Q2 CY2026 beats on revenue but stock drops

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.

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