Flutter Entertainment (NYSE:FLUT) Rating Lowered to “Strong Sell” at Zacks Research

Flutter Entertainment (NYSE:FLUT) was downgraded by stock analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a report released on Tuesday,Zacks.com reports.

Several other equities research analysts have also commented on FLUT. Freedom Capital raised Flutter Entertainment to a “hold” rating in a research note on Monday, June 22nd. Barclays boosted their target price on Flutter Entertainment from $150.00 to $151.00 and gave the stock an “overweight” rating in a research report on Thursday, July 9th. BNP Paribas Exane assumed coverage on Flutter Entertainment in a research note on Thursday, May 14th. They set an “underperform” rating and a $80.00 price target for the company. Sanford C. Bernstein dropped their target price on shares of Flutter Entertainment from $125.00 to $115.00 and set a “market perform” rating for the company in a report on Thursday, May 7th. Finally, BTIG Research lowered their price target on shares of Flutter Entertainment from $120.00 to $113.00 and set a “buy” rating on the stock in a research report on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, eight have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $173.39.

Flutter Entertainment Stock Performance

NYSE:FLUT opened at $92.96 on Tuesday. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.90 and a quick ratio of 0.90. The firm has a market cap of $16.17 billion, a price-to-earnings ratio of -43.44, a price-to-earnings-growth ratio of 1.44 and a beta of 1.28. The firm’s fifty day moving average price is $104.63 and its 200 day moving average price is $114.33. Flutter Entertainment has a 1-year low of $89.71 and a 1-year high of $313.68.

Flutter Entertainment (NYSE:FLUT) last announced its quarterly earnings data 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 2.20% and a positive return on equity of 11.60%. The firm had revenue of $4.33 billion during the quarter, compared to analyst estimates of $4.24 billion. During the same quarter in the previous year, the business earned $2.95 EPS. Flutter Entertainment’s revenue for the quarter was up 3.3% on a year-over-year basis. On average, sell-side analysts expect that Flutter Entertainment will post 4.72 EPS for the current year.

Insider Buying and Selling at Flutter Entertainment

In related news, COO James Philip Bishop acquired 1,000 shares of the business’s stock in a transaction dated Monday, May 11th. The shares were acquired at an average cost of $99.75 per share, for a total transaction of $99,750.00. Following the acquisition, the chief operating officer directly owned 17,605 shares in the company, valued at approximately $1,756,098.75. The trade was a 6.02% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Carolan Lennon sold 439 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $94.63, for a total transaction of $41,542.57. Following the transaction, the director directly owned 1,688 shares of the company’s stock, valued at $159,735.44. This trade represents a 20.64% decrease in their position. 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. Over the last ninety days, insiders have acquired 10,453 shares of company stock valued at $1,045,526 and have sold 5,994 shares valued at $577,293. Company insiders own 0.13% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Versant Capital Management Inc increased its stake in Flutter Entertainment by 145.2% during the second quarter. Versant Capital Management Inc now owns 1,231 shares of the company’s stock worth $126,000 after acquiring an additional 729 shares during the last quarter. CX Institutional lifted its stake in shares of Flutter Entertainment by 729.7% in the 2nd quarter. CX Institutional now owns 531 shares of the company’s stock valued at $54,000 after purchasing an additional 467 shares in the last quarter. Pacer Advisors Inc. grew its holdings in shares of Flutter Entertainment by 66.8% during the 1st quarter. Pacer Advisors Inc. now owns 2,887 shares of the company’s stock worth $294,000 after purchasing an additional 1,156 shares during the period. DV Trading LLC grew its holdings in shares of Flutter Entertainment by 609.4% during the 1st quarter. DV Trading LLC now owns 2,036 shares of the company’s stock worth $208,000 after purchasing an additional 1,749 shares during the period. Finally, Parallel Advisors LLC grew its holdings in shares of Flutter Entertainment by 489.7% during the 1st quarter. Parallel Advisors LLC now owns 460 shares of the company’s stock worth $47,000 after purchasing an additional 382 shares during the period.

Trending Headlines about Flutter Entertainment

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

• Positive Sentiment: Second-quarter revenue increased 3.3% year over year to $4.33 billion, exceeding analyst expectations of approximately $4.24 billion. The result indicates continued top-line growth despite pressure in the company’s U.S. operations. Flutter Entertainment Announces Q2 2026 Financial Results
• Positive Sentiment: BTIG maintained a “buy” rating, although it reduced its price target from $120 to $113, implying substantial potential upside based on the referenced trading level. BTIG price-target update
• Neutral Sentiment: Dan Taylor, currently a Flutter executive, will become group CEO on October 1, 2026. Peter Jackson will leave the CEO role and Flutter’s board on September 30 after roughly nine years leading the company. Taylor’s familiarity with the business may provide continuity, but investors will assess whether he can improve U.S. sports-betting performance. Flutter Board announces CEO transition
• Negative Sentiment: Adjusted earnings per share came in at $0.49, below the approximately $0.54 consensus estimate and sharply below $2.95 a year earlier. The earnings shortfall, along with reports that the company swung to a loss, weighed heavily on sentiment. Flutter Entertainment Q2 Earnings Lag Estimates
• Negative Sentiment: Flutter lowered its 2026 profit outlook again and issued revenue guidance of $17.4 billion to $18.4 billion, with the midpoint below the roughly $18.3 billion analyst expectation. Management cited continued weakness in the U.S. sports-betting business, increasing concerns about near-term growth and profitability. Flutter CEO to Step Down as U.S. Sports-Betting Business Falters

About Flutter Entertainment

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.